CCSO vs. VFMO

Last updated Jun 23, 2026

CCSO (Carbon Collective Climate Solutions U.S. Equity ETF) and VFMO (Vanguard U.S. Momentum Factor ETF) are both exchange-traded funds - CCSO is a Mid Cap Blend Equities fund actively managed by Carbon Collective, while VFMO is a Momentum fund actively managed by Vanguard. Both are actively managed. Over the past 3 years, CCSO returned 15.42%/yr vs 28.88%/yr for VFMO. Their correlation of 0.83 suggests significant overlap in exposure. CCSO charges 0.35%/yr vs 0.13%/yr for VFMO.

Performance

CCSO vs. VFMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and Vanguard U.S. Momentum Factor ETF (VFMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCSO achieves a 15.21% return, which is significantly lower than VFMO's 28.82% return.

CCSO

• 1D: 0.18%
• 1M: 0.33%
• YTD: 15.21%
• 6M: 12.45%
• 1Y: 31.21%
• 3Y*: 15.42%
• 5Y*: —
• 10Y*: —

VFMO

• 1D: 1.63%
• 1M: 7.16%
• YTD: 28.82%
• 6M: 25.09%
• 1Y: 49.52%
• 3Y*: 28.88%
• 5Y*: 14.83%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CCSO vs. VFMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CCSO Carbon Collective Climate Solutions U.S. Equity ETF	15.21%	21.79%	3.89%	14.58%	-12.52%
VFMO Vanguard U.S. Momentum Factor ETF	28.82%	17.39%	26.14%	16.25%	1.39%

Correlation

The correlation between CCSO and VFMO is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022	0.83

The correlation between CCSO and VFMO has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

CCSO vs. VFMO - Sectors Allocation Comparison

Sectors	CCSO	VFMO
Industrials	47.4%	24.7%
Basic Materials	16.3%	6.4%
Technology	11.7%	17.5%
Consumer Cyclical	9.2%	8.7%
Utilities	7.8%	0.2%
Energy	7.0%	7.3%
Financial Services	0.5%	6.5%
Consumer Defensive	0.1%	2.5%
Communication Services	-	3.4%
Healthcare	-	22.9%
Real Estate	-	0.1%

Return for Risk

CCSO vs. VFMO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCSO

CCSO Risk / Return Rank: 44
CCSO Sharpe Ratio Rank: 41
CCSO Sortino Ratio Rank: 39
CCSO Omega Ratio Rank: 38
CCSO Calmar Ratio Rank: 56
CCSO Martin Ratio Rank: 47

VFMO

VFMO Risk / Return Rank: 74
VFMO Sharpe Ratio Rank: 72
VFMO Sortino Ratio Rank: 64
VFMO Omega Ratio Rank: 65
VFMO Calmar Ratio Rank: 85
VFMO Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCSO vs. VFMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and Vanguard U.S. Momentum Factor ETF (VFMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CCSO	VFMO	Difference
Sharpe ratio: Return per unit of total volatility	1.40	2.24	-0.84
Sortino ratio: Return per unit of downside risk	1.95	2.86	-0.91
Omega ratio: Gain probability vs. loss probability	1.24	1.38	-0.13
Calmar ratio: Return relative to maximum drawdown	2.70	4.53	-1.83
Martin ratio: Return relative to average drawdown	7.59	16.87	-9.28

CCSO vs. VFMO - Sharpe Ratio Comparison

The current CCSO Sharpe Ratio is 1.40, which is lower than the VFMO Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of CCSO and VFMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CCSO vs. VFMO - Drawdown Comparison

The maximum CCSO drawdown since its inception was -23.69%, smaller than the maximum VFMO drawdown of -36.77%. Use the drawdown chart below to compare losses from any high point for CCSO and VFMO.

Drawdown Indicators

	CCSO	VFMO	Difference
Max Drawdown Largest peak-to-trough decline	-23.69%	-36.77%	+13.08%
Max Drawdown (1Y) Largest decline over 1 year	-11.62%	-10.98%	-0.64%
Max Drawdown (3Y) Largest decline over 3 years	-23.69%	-24.40%	+0.71%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.80%	—
Current Drawdown Current decline from peak	-5.52%	0.00%	-5.52%
Average Drawdown Average peak-to-trough decline	-7.18%	-7.73%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.12%	2.94%	+1.18%

Volatility

CCSO vs. VFMO - Volatility Comparison

Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) has a higher volatility of 8.78% compared to Vanguard U.S. Momentum Factor ETF (VFMO) at 7.88%. This indicates that CCSO's price experiences larger fluctuations and is considered to be riskier than VFMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCSO	VFMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.78%	7.88%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	17.57%	17.34%	+0.23%
Volatility (1Y) Calculated over the trailing 1-year period	22.39%	22.25%	+0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.34%	21.87%	+1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.34%	23.63%	-0.29%

CCSO vs. VFMO - Expense Ratio Comparison

CCSO has a 0.35% expense ratio, which is higher than VFMO's 0.13% expense ratio.

Dividends

CCSO vs. VFMO - Dividend Comparison

CCSO's dividend yield for the trailing twelve months is around 0.55%, more than VFMO's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CCSO Carbon Collective Climate Solutions U.S. Equity ETF	0.55%	0.63%	0.53%	0.80%	0.24%	0.00%	0.00%	0.00%	0.00%
VFMO Vanguard U.S. Momentum Factor ETF	0.38%	0.82%	0.72%	0.89%	1.72%	0.81%	0.45%	1.22%	0.70%

Frequently Asked Questions

Can I hold both CCSO and VFMO in my portfolio?

CCSO and VFMO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCSO or VFMO?

CCSO has higher volatility (8.78%) compared to VFMO (7.88%). In terms of maximum drawdown, CCSO dropped -23.69% vs VFMO's -36.77%.

Which ETF is better, CCSO or VFMO?

On 3-year performance, VFMO leads with 28.88% vs 15.42% for CCSO. On fees, VFMO is cheaper at 0.13% per year. On volatility, VFMO has been the lower-risk option at 7.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CCSO or VFMO?

Over the 3-year period, VFMO has performed better with a 28.88% return vs 15.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CCSO or VFMO?

VFMO is cheaper with a 0.13% expense ratio, compared with 0.35% for CCSO.

Which ETF pays a higher dividend yield, CCSO or VFMO?

CCSO has the higher dividend yield at 0.55%, compared with 0.38% for VFMO.

What is the main difference between CCSO and VFMO?

CCSO is categorized as Mid Cap Blend Equities, while VFMO is Momentum. They also come from different issuers: Carbon Collective and Vanguard. Their fees differ too: 0.35% for CCSO and 0.13% for VFMO.

Which has better risk-adjusted returns?

VFMO currently has the higher Sharpe Ratio (2.24 vs 1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.