VFQY — Vanguard U.S. Quality Factor ETF Shares
US Quality / Factor Ranked #254 of 458 tracked ETFs · Issued by Vanguard
VFQY Price Performance — Growth of $10,000
Value of a $10,000 investment in VFQY over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
VFQY Drawdown
The "underwater" chart: VFQY's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in VFQY?
See what a lump sum in VFQY would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The Vanguard U.S. Quality Factor ETF is a $511 million fund issued by Vanguard, tracking a category of 16 similar vehicles. It holds a C grade with a score of 58.3 out of 100, placing it 15th out of 16 in its specific category and 254th out of 458 across all tracked ETFs. The expense ratio of 0.13% sits below the category median of 0.15%, while its dividend yield of 1.02% trails the median of 1.24%. Concentration is relatively low, with the top 10 holdings comprising only 15.0% of assets, led by a 1.8% position in Fortinet Inc.
The fund has been available for 3.0 years, with its C grade remaining unchanged over the last 35 tracked days. Recent momentum shows acceleration, with returns rising from +0.83% over one month to +18.53% over one year. However, this one-year performance of +18.53% falls short of the category median return of +20.82%. The price currently sits at 92.1% of its 52-week range, indicating it is near the upper end of its recent trading band.
With a beta of 0.91, the fund exhibits slightly less sensitivity to market movements than the broader index. Annualized volatility is labeled as Low at 13.08%, contributing to a Sharpe ratio of 1.03. The maximum drawdown recorded is -20.67%, reflecting the peak-to-trough decline during the observation period. Liquidity is constrained, evidenced by an average daily volume of just 6,731 shares and a wide bid-ask spread of 4.87%.
AI-generated summary based on the data on this page.
VFQY Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Fortinet Inc | 1.81% | $8M |
| 2 | Apple Inc | 1.72% | $8M |
| 3 | Lam Research Corp | 1.68% | $8M |
| 4 | Adobe Inc | 1.64% | $8M |
| 5 | KLA Corp | 1.50% | $7M |
| 6 | Autodesk Inc | 1.39% | $6M |
| 7 | Eli Lilly & Co | 1.32% | $6M |
| 8 | QUALCOMM Inc | 1.32% | $6M |
| 9 | Costco Wholesale Corp | 1.29% | $6M |
| 10 | PepsiCo Inc | 1.28% | $6M |
Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 15.0% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how VFQY's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With VFQY
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VFQY's top 10 — QUAL overlaps most, holding 3 of the same companies as VFQY's top 10 (4.9% of VFQY's assets).
| ETF | Name | Shared Companies | VFQY Weight | Examples |
|---|---|---|---|---|
| QUAL | iShares MSCI USA Quality Factor ETF | 3 | 4.9% | Apple Inc, Lam Research Corp, KLA Corp |
| SPHQ | Invesco S&P 500 Quality ETF | 3 | 4.7% | Apple Inc, Costco Wholesale Corp, Lam Research Corp |
| SOXQ | Invesco PHLX Semiconductor ETF | 3 | 4.5% | QUALCOMM Inc, Lam Research Corp, KLA Corp |
| VIG | Vanguard Dividend Appreciation Index Fund ETF Shares | 3 | 4.3% | Apple Inc, Eli Lilly & Co, Costco Wholesale Corp |
| XLK | State Street Technology Select Sector SPDR ETF | 2 | 3.4% | Apple Inc, Lam Research Corp |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What VFQY's Fees Cost You
VFQY charges an expense ratio of 0.13% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
VFQY Dividend Income Estimator
VFQY currently yields 1.02%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
VFQY Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 4.87% and average daily volume is 7K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $511M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: VFQY is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
VFQY Performance History
| Period | Return |
|---|---|
| 1-Day | +0.05% |
| 1-Week | -0.11% |
| 1-Month | +0.83% |
| 3-Month | +8.64% |
| 6-Month | +15.53% |
| YTD | +15.51% |
| 1-Year | +18.53% |
| 3-Year | +59.56% |
How VFQY Compares to Other US Quality / Factor ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #9 | B+ |
VLUE | iShares MSCI USA Value Factor ETF | +74.60% | 0.15% | $9.70B |
| #59 | B |
DYNF | iShares U.S. Equity Factor Rotation Active ETF | +22.33% | 0.26% | $41.3B |
| #96 | B |
SPMO | Invesco S&P 500 Momentum ETF | +28.68% | 0.13% | $22.1B |
| #100 | B |
EEMV | iShares MSCI Emerging Markets Min Vol Factor ETF | +25.53% | 0.25% | $3.66B |
| #103 | B |
VFVA | Vanguard U.S. Value Factor ETF Shares | +29.91% | 0.13% | $957M |
| #109 | B |
COWZ | Pacer US Cash Cows 100 ETF | +26.65% | 0.49% | $20.1B |
| #124 | B |
QUAL | iShares MSCI USA Quality Factor ETF | +18.05% | 0.15% | $47.7B |
| #139 | B |
SPHQ | Invesco S&P 500 Quality ETF | +19.31% | 0.15% | $18.9B |
| #141 | B |
MTUM | iShares MSCI USA Momentum Factor ETF | +25.35% | 0.15% | $24.2B |
| #152 | B |
EFAV | iShares MSCI EAFE Min Vol Factor ETF | +15.26% | 0.2% | $5.51B |
| #168 | B |
LRGF | iShares U.S. Equity Factor ETF | +18.47% | 0.08% | $3.70B |
| #200 | C |
USMV | iShares MSCI USA Min Vol Factor ETF | +8.64% | 0.15% | $24.2B |
| #204 | C |
VFMO | Vanguard U.S. Momentum Factor ETF ETF Shares | +27.56% | 0.13% | $1.92B |
| #229 | C |
ACWV | iShares MSCI Global Min Vol Factor ETF | +8.74% | 0.2% | $3.40B |
| #254 | C |
VFQY | Vanguard U.S. Quality Factor ETF Shares | +18.53% | 0.13% | $511M |
| #286 | C |
SPLV | Invesco S&P 500 Low Volatility ETF | +4.09% | 0.25% | $7.09B |