USMF vs. VFQY

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree US Multifactor Fund (USMF) and Vanguard U.S. Quality Factor ETF (VFQY).

USMF and VFQY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USMF is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree US Multifactor Index. It was launched on Jun 29, 2017. VFQY is an actively managed fund by Vanguard. It was launched on Feb 13, 2018.

Performance

USMF vs. VFQY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree US Multifactor Fund (USMF) and Vanguard U.S. Quality Factor ETF (VFQY). The values are adjusted to include any dividend payments, if applicable.

USMF vs. VFQY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
USMF WisdomTree US Multifactor Fund	-3.32%	4.60%	19.65%	13.47%	-8.82%	21.26%	12.01%	24.06%	-6.17%
VFQY Vanguard U.S. Quality Factor ETF	-2.43%	10.24%	12.93%	22.48%	-15.74%	27.96%	16.97%	25.75%	-7.85%

Returns By Period

In the year-to-date period, USMF achieves a -3.32% return, which is significantly lower than VFQY's -2.43% return.

USMF

• 1D: 1.60%
• 1M: -3.99%
• YTD: -3.32%
• 6M: -4.86%
• 1Y: 0.89%
• 3Y*: 11.09%
• 5Y*: 6.81%
• 10Y*: —

VFQY

• 1D: 2.08%
• 1M: -5.12%
• YTD: -2.43%
• 6M: -0.44%
• 1Y: 13.02%
• 3Y*: 12.78%
• 5Y*: 7.08%
• 10Y*: —

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

USMF vs. VFQY - Expense Ratio Comparison

USMF has a 0.28% expense ratio, which is higher than VFQY's 0.13% expense ratio.

USMF

WisdomTree US Multifactor Fund

VFQY

Vanguard U.S. Quality Factor ETF

Return for Risk

USMF vs. VFQY — Risk / Return Rank

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

USMF

USMF Risk / Return Rank: 14
USMF Sharpe Ratio Rank: 14
USMF Sortino Ratio Rank: 13
USMF Omega Ratio Rank: 13
USMF Calmar Ratio Rank: 14
USMF Martin Ratio Rank: 16

VFQY

VFQY Risk / Return Rank: 42
VFQY Sharpe Ratio Rank: 38
VFQY Sortino Ratio Rank: 40
VFQY Omega Ratio Rank: 39
VFQY Calmar Ratio Rank: 44
VFQY Martin Ratio Rank: 48

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.

USMF vs. VFQY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US Multifactor Fund (USMF) and Vanguard U.S. Quality Factor ETF (VFQY). 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.

	USMF	VFQY	Difference
Sharpe ratio Return per unit of total volatility	0.06	0.67	-0.61
Sortino ratio Return per unit of downside risk	0.19	1.09	-0.90
Omega ratio Gain probability vs. loss probability	1.03	1.15	-0.12
Calmar ratio Return relative to maximum drawdown	0.13	1.06	-0.93
Martin ratio Return relative to average drawdown	0.54	4.39	-3.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USMF vs. VFQY - Sharpe Ratio Comparison

The current USMF Sharpe Ratio is 0.06, which is lower than the VFQY Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of USMF and VFQY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	USMF	VFQY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.06	0.67	-0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.39	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.48	+0.10

Correlation

The correlation between USMF and VFQY is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

USMF vs. VFQY - Dividend Comparison

USMF's dividend yield for the trailing twelve months is around 1.42%, more than VFQY's 1.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
USMF WisdomTree US Multifactor Fund	1.42%	1.37%	1.22%	1.33%	1.74%	1.42%	1.34%	1.38%	1.45%	0.67%
VFQY Vanguard U.S. Quality Factor ETF	1.21%	1.17%	1.34%	1.38%	1.43%	0.98%	1.22%	1.34%	1.31%	0.00%

Drawdowns

USMF vs. VFQY - Drawdown Comparison

The maximum USMF drawdown since its inception was -36.24%, roughly equal to the maximum VFQY drawdown of -37.41%. Use the drawdown chart below to compare losses from any high point for USMF and VFQY.

Drawdown Indicators

	USMF	VFQY	Difference
Max Drawdown Largest peak-to-trough decline	-36.24%	-37.41%	+1.17%
Max Drawdown (1Y) Largest decline over 1 year	-11.36%	-12.84%	+1.48%
Max Drawdown (5Y) Largest decline over 5 years	-18.10%	-25.93%	+7.83%
Current Drawdown Current decline from peak	-4.96%	-6.91%	+1.95%
Average Drawdown Average peak-to-trough decline	-4.22%	-6.80%	+2.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	3.09%	-0.36%

Volatility

USMF vs. VFQY - Volatility Comparison

The current volatility for WisdomTree US Multifactor Fund (USMF) is 3.43%, while Vanguard U.S. Quality Factor ETF (VFQY) has a volatility of 4.65%. This indicates that USMF experiences smaller price fluctuations and is considered to be less risky than VFQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USMF	VFQY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.43%	4.65%	-1.22%
Volatility (6M) Calculated over the trailing 6-month period	7.76%	10.35%	-2.59%
Volatility (1Y) Calculated over the trailing 1-year period	15.33%	19.54%	-4.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.30%	18.39%	-4.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.08%	21.02%	-3.94%