VFQY vs. VFMF
Compare and contrast key facts about Vanguard U.S. Quality Factor ETF (VFQY) and Vanguard U.S. Multifactor ETF (VFMF).
VFQY and VFMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VFQY is an actively managed fund by Vanguard. It was launched on Feb 13, 2018. VFMF 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: VFQY or VFMF.
Key characteristics
| VFQY | VFMF | |
|---|---|---|
| YTD Return | 4.38% | 6.75% |
| 1Y Return | 28.82% | 31.81% |
| 3Y Return (Ann) | 5.76% | 8.72% |
| 5Y Return (Ann) | 11.31% | 11.61% |
| Sharpe Ratio | 1.99 | 2.05 |
| Daily Std Dev | 13.72% | 14.49% |
| Max Drawdown | -37.41% | -41.34% |
| Current Drawdown | -3.88% | -3.71% |
Correlation
The correlation between VFQY and VFMF is 0.95, 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.
Performance
VFQY vs. VFMF - Performance Comparison
In the year-to-date period, VFQY achieves a 4.38% return, which is significantly lower than VFMF's 6.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VFQY vs. VFMF - Expense Ratio Comparison
VFQY has a 0.13% expense ratio, which is lower than VFMF's 0.18% 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
VFQY vs. VFMF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Quality Factor ETF (VFQY) and Vanguard U.S. Multifactor ETF (VFMF). 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
VFQY vs. VFMF - Dividend Comparison
VFQY's dividend yield for the trailing twelve months is around 1.33%, less than VFMF's 1.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
VFQY Vanguard U.S. Quality Factor ETF | 1.33% | 1.38% | 1.43% | 0.98% | 1.22% | 1.34% | 1.31% |
VFMF Vanguard U.S. Multifactor ETF | 1.61% | 1.78% | 2.21% | 1.39% | 1.56% | 1.61% | 1.22% |
Drawdowns
VFQY vs. VFMF - Drawdown Comparison
The maximum VFQY drawdown since its inception was -37.41%, smaller than the maximum VFMF drawdown of -41.34%. Use the drawdown chart below to compare losses from any high point for VFQY and VFMF. For additional features, visit the drawdowns tool.
Volatility
VFQY vs. VFMF - Volatility Comparison
The current volatility for Vanguard U.S. Quality Factor ETF (VFQY) is 3.82%, while Vanguard U.S. Multifactor ETF (VFMF) has a volatility of 4.08%. This indicates that VFQY experiences smaller price fluctuations and is considered to be less risky than VFMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.