MCDS vs. VFMO

Last updated Jun 5, 2026

MCDS (JPMorgan Fundamental Data Science Mid Core ETF) and VFMO (Vanguard U.S. Momentum Factor ETF) are both exchange-traded funds - MCDS is a Mid Cap Blend Equities fund actively managed by JPMorgan, while VFMO is a Momentum fund actively managed by Vanguard. Both are actively managed. Over the past year, MCDS returned 22.27% vs 44.76% for VFMO. Their correlation of 0.84 suggests significant overlap in exposure. MCDS charges 0.35%/yr vs 0.13%/yr for VFMO.

Performance

MCDS vs. VFMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Fundamental Data Science Mid Core ETF (MCDS) 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, MCDS achieves a 13.38% return, which is significantly lower than VFMO's 24.71% return.

MCDS

• 1D: 0.44%
• 1M: 3.13%
• YTD: 13.38%
• 6M: 13.62%
• 1Y: 22.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VFMO

• 1D: 0.84%
• 1M: 4.64%
• YTD: 24.71%
• 6M: 22.49%
• 1Y: 44.76%
• 3Y*: 28.43%
• 5Y*: 14.03%
• 10Y*: —

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

MCDS vs. VFMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MCDS JPMorgan Fundamental Data Science Mid Core ETF	13.38%	6.51%	9.83%
VFMO Vanguard U.S. Momentum Factor ETF	24.71%	17.39%	12.54%

Correlation

The correlation between MCDS and VFMO is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Aug 9, 2024	0.84

The correlation between MCDS and VFMO has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.

MCDS vs. VFMO - Sectors Allocation Comparison

Sectors	MCDS	VFMO
Industrials	18.2%	24.7%
Technology	17.3%	17.5%
Financial Services	13.5%	6.5%
Consumer Cyclical	11.1%	8.7%
Healthcare	8.9%	22.9%
Energy	7.2%	7.3%
Real Estate	7.1%	0.1%
Utilities	6.5%	0.2%
Consumer Defensive	4.2%	2.5%
Basic Materials	4.1%	6.4%
Communication Services	2.1%	3.4%

Return for Risk

MCDS vs. VFMO — Risk / Return Rank

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

MCDS

MCDS Risk / Return Rank: 55
MCDS Sharpe Ratio Rank: 50
MCDS Sortino Ratio Rank: 52
MCDS Omega Ratio Rank: 48
MCDS Calmar Ratio Rank: 61
MCDS Martin Ratio Rank: 62

VFMO

VFMO Risk / Return Rank: 69
VFMO Sharpe Ratio Rank: 65
VFMO Sortino Ratio Rank: 60
VFMO Omega Ratio Rank: 60
VFMO Calmar Ratio Rank: 80
VFMO Martin Ratio Rank: 80

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.

MCDS vs. VFMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Fundamental Data Science Mid Core ETF (MCDS) 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.

	MCDS	VFMO	Difference
Sharpe ratio: Return per unit of total volatility	1.69	2.12	-0.43
Sortino ratio: Return per unit of downside risk	2.48	2.77	-0.29
Omega ratio: Gain probability vs. loss probability	1.30	1.36	-0.06
Calmar ratio: Return relative to maximum drawdown	2.99	4.09	-1.10
Martin ratio: Return relative to average drawdown	11.12	15.46	-4.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MCDS vs. VFMO - Sharpe Ratio Comparison

The current MCDS Sharpe Ratio is 1.69, which is comparable to the VFMO Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of MCDS 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.

Sharpe Ratios by Period

	MCDS	VFMO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	2.12	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	0.66	+0.33

Drawdowns

MCDS vs. VFMO - Drawdown Comparison

The maximum MCDS drawdown since its inception was -22.50%, smaller than the maximum VFMO drawdown of -36.77%. Use the drawdown chart below to compare losses from any high point for MCDS and VFMO.

Drawdown Indicators

	MCDS	VFMO	Difference
Max Drawdown Largest peak-to-trough decline	-22.50%	-36.77%	+14.27%
Max Drawdown (1Y) Largest decline over 1 year	-7.47%	-10.98%	+3.51%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.80%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.98%	-7.76%	+3.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	2.90%	-0.89%

Volatility

MCDS vs. VFMO - Volatility Comparison

The current volatility for JPMorgan Fundamental Data Science Mid Core ETF (MCDS) is 3.25%, while Vanguard U.S. Momentum Factor ETF (VFMO) has a volatility of 6.05%. This indicates that MCDS experiences smaller price fluctuations and is considered to be less risky than VFMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MCDS	VFMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	6.05%	-2.80%
Volatility (6M) Calculated over the trailing 6-month period	9.86%	16.38%	-6.52%
Volatility (1Y) Calculated over the trailing 1-year period	13.21%	21.21%	-8.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.94%	21.70%	-4.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.94%	23.56%	-6.62%

MCDS vs. VFMO - Expense Ratio Comparison

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

Dividends

MCDS vs. VFMO - Dividend Comparison

MCDS's dividend yield for the trailing twelve months is around 1.06%, more than VFMO's 0.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MCDS JPMorgan Fundamental Data Science Mid Core ETF	1.06%	1.23%	0.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VFMO Vanguard U.S. Momentum Factor ETF	0.62%	0.82%	0.72%	0.89%	1.72%	0.81%	0.45%	1.22%	0.70%

Frequently Asked Questions

Can I hold both MCDS and VFMO in my portfolio?

MCDS and VFMO have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MCDS or VFMO?

VFMO has higher volatility (6.05%) compared to MCDS (3.25%). In terms of maximum drawdown, MCDS dropped -22.50% vs VFMO's -36.77%.

Which ETF is better, MCDS or VFMO?

On 1-year performance, VFMO leads with 44.76% vs 22.27% for MCDS. On fees, VFMO is cheaper at 0.13% per year. On volatility, MCDS has been the lower-risk option at 3.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MCDS or VFMO?

Over the 1-year period, VFMO has performed better with a 44.76% return vs 22.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MCDS or VFMO?

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

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

MCDS has the higher dividend yield at 1.06%, compared with 0.62% for VFMO.

What is the main difference between MCDS and VFMO?

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

Which has better risk-adjusted returns?

VFMO currently has the higher Sharpe Ratio (2.12 vs 1.69), 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.