VFMO vs. SMOM

Last updated Jun 26, 2026

VFMO (Vanguard U.S. Momentum Factor ETF) and SMOM (Symmetry Panoramic Sector Momentum ETF) are both exchange-traded funds - VFMO is a Momentum fund actively managed by Vanguard, while SMOM is a Large Cap Blend Equities fund actively managed by Symmetry Partners. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. VFMO charges 0.13%/yr vs 0.63%/yr for SMOM.

Performance

VFMO vs. SMOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard U.S. Momentum Factor ETF (VFMO) and Symmetry Panoramic Sector Momentum ETF (SMOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VFMO achieves a 28.14% return, which is significantly higher than SMOM's 7.99% return.

VFMO

• 1D: 2.05%
• 1M: 4.29%
• YTD: 28.14%
• 6M: 24.50%
• 1Y: 46.44%
• 3Y*: 28.85%
• 5Y*: 14.38%
• 10Y*: —

SMOM

• 1D: 1.07%
• 1M: 0.15%
• YTD: 7.99%
• 6M: 6.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VFMO vs. SMOM - Yearly Performance Comparison

	2026 (YTD)	2025
VFMO Vanguard U.S. Momentum Factor ETF	28.14%	4.63%
SMOM Symmetry Panoramic Sector Momentum ETF	7.99%	2.78%

Correlation

The correlation between VFMO and SMOM is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025	0.81

Return for Risk

VFMO vs. SMOM — Risk / Return Rank

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

VFMO

VFMO Risk / Return Rank: 77
VFMO Sharpe Ratio Rank: 76
VFMO Sortino Ratio Rank: 68
VFMO Omega Ratio Rank: 69
VFMO Calmar Ratio Rank: 86
VFMO Martin Ratio Rank: 86

SMOM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

VFMO vs. SMOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Momentum Factor ETF (VFMO) and Symmetry Panoramic Sector Momentum ETF (SMOM). 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.

	VFMO	SMOM	Difference
Sharpe ratio: Return per unit of total volatility	2.09	—	—
Sortino ratio: Return per unit of downside risk	2.70	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	4.25	—	—
Martin ratio: Return relative to average drawdown	15.78	—	—

Drawdowns

VFMO vs. SMOM - Drawdown Comparison

The maximum VFMO drawdown since its inception was -36.77%, which is greater than SMOM's maximum drawdown of -7.45%. Use the drawdown chart below to compare losses from any high point for VFMO and SMOM.

Drawdown Indicators

	VFMO	SMOM	Difference
Max Drawdown Largest peak-to-trough decline	-36.77%	-7.45%	-29.32%
Max Drawdown (1Y) Largest decline over 1 year	-10.98%	—	—
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	-0.53%	-1.67%	+1.14%
Average Drawdown Average peak-to-trough decline	-7.72%	-1.50%	-6.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	—	—

Volatility

Volatility by Period

	VFMO	SMOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.36%	12.79%	+9.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.91%	12.79%	+9.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.64%	12.79%	+10.85%

VFMO vs. SMOM - Expense Ratio Comparison

VFMO has a 0.13% expense ratio, which is lower than SMOM's 0.63% expense ratio.

Dividends

VFMO vs. SMOM - Dividend Comparison

VFMO's dividend yield for the trailing twelve months is around 0.57%, more than SMOM's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SMOM Symmetry Panoramic Sector Momentum ETF	0.15%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VFMO Vanguard U.S. Momentum Factor ETF	0.57%	0.82%	0.72%	0.89%	1.72%	0.81%	0.45%	1.22%	0.70%

Frequently Asked Questions

Can I hold both VFMO and SMOM in my portfolio?

VFMO and SMOM have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VFMO or SMOM?

On fees, VFMO is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VFMO or SMOM?

VFMO is cheaper with a 0.13% expense ratio, compared with 0.63% for SMOM.

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

VFMO has the higher dividend yield at 0.57%, compared with 0.15% for SMOM.

What is the main difference between VFMO and SMOM?

VFMO is categorized as Momentum, while SMOM is Large Cap Blend Equities. They also come from different issuers: Vanguard and Symmetry Partners. Their fees differ too: 0.13% for VFMO and 0.63% for SMOM.