VCEB vs. VFMO
Compare and contrast key facts about Vanguard ESG U.S. Corporate Bond ETF (VCEB) and Vanguard U.S. Momentum Factor ETF (VFMO).
VCEB and VFMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VCEB is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays MSCI US Corp SRI Select Index. It was launched on Sep 22, 2020. VFMO is managed by Vanguard. It was launched on Feb 13, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCEB or VFMO.
Key characteristics
| VCEB | VFMO | |
|---|---|---|
| YTD Return | 3.50% | 35.37% |
| 1Y Return | 11.01% | 55.72% |
| 3Y Return (Ann) | -1.58% | 9.14% |
| Sharpe Ratio | 1.91 | 3.07 |
| Sortino Ratio | 2.89 | 3.92 |
| Omega Ratio | 1.34 | 1.51 |
| Calmar Ratio | 0.72 | 3.38 |
| Martin Ratio | 7.96 | 19.32 |
| Ulcer Index | 1.43% | 3.04% |
| Daily Std Dev | 5.97% | 19.11% |
| Max Drawdown | -21.61% | -36.77% |
| Current Drawdown | -6.61% | 0.00% |
Correlation
The correlation between VCEB and VFMO is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VCEB vs. VFMO - Performance Comparison
In the year-to-date period, VCEB achieves a 3.50% return, which is significantly lower than VFMO's 35.37% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VCEB vs. VFMO - Expense Ratio Comparison
VCEB has a 0.12% expense ratio, which is lower than VFMO's 0.13% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VCEB vs. VFMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG U.S. Corporate Bond ETF (VCEB) 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.
Dividends
VCEB vs. VFMO - Dividend Comparison
VCEB's dividend yield for the trailing twelve months is around 4.32%, more than VFMO's 0.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
VCEB Vanguard ESG U.S. Corporate Bond ETF | 4.32% | 3.70% | 2.82% | 1.69% | 0.43% | 0.00% | 0.00% |
VFMO Vanguard U.S. Momentum Factor ETF | 0.63% | 0.89% | 1.72% | 0.81% | 0.45% | 1.23% | 0.70% |
Drawdowns
VCEB vs. VFMO - Drawdown Comparison
The maximum VCEB drawdown since its inception was -21.61%, smaller than the maximum VFMO drawdown of -36.77%. Use the drawdown chart below to compare losses from any high point for VCEB and VFMO. For additional features, visit the drawdowns tool.
Volatility
VCEB vs. VFMO - Volatility Comparison
The current volatility for Vanguard ESG U.S. Corporate Bond ETF (VCEB) is 1.84%, while Vanguard U.S. Momentum Factor ETF (VFMO) has a volatility of 5.22%. This indicates that VCEB 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.