VFMF: Multifactor ETF With Attractive Fundamentals, But Lagging Competitors

Summary

  • Vanguard U.S. Multifactor ETF is an actively managed fund holding about 500 stocks selected by proprietary factor-based rules.
  • VFMF is better diversified than the benchmark across sectors and holdings, and it shows better aggregate valuation and growth metrics.
  • VFMF has lagged behind the benchmark and larger multifactor ETFs since inception but has performed well relative to peers in the last 12 months.
  • Quantitative Risk & Value members get exclusive access to our real-world portfolio. See all our investments here »

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VFMF strategy

Vanguard U.S. Multifactor ETF (BATS:VFMF) is an actively managed fund launched on 02/13/2018. It has 494 holdings, a 30-day SEC yield of 1.33%, and a total expense ratio of 0.18%. Distributions are paid quarterly. As explained in the prospectus by

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This article was written by

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Fred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010.

Fred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an income strategy in closed-end funds. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOGL, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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About VFMF ETF

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