VFQY vs. VFMO
Compare and contrast key facts about Vanguard U.S. Quality Factor ETF (VFQY) and Vanguard U.S. Momentum Factor ETF (VFMO).
VFQY and VFMO 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. 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: VFQY or VFMO.
Key characteristics
| VFQY | VFMO | |
|---|---|---|
| YTD Return | 4.38% | 11.53% |
| 1Y Return | 28.82% | 35.16% |
| 3Y Return (Ann) | 5.76% | 6.34% |
| 5Y Return (Ann) | 11.31% | 13.68% |
| Sharpe Ratio | 1.99 | 1.93 |
| Daily Std Dev | 13.72% | 17.27% |
| Max Drawdown | -37.41% | -36.77% |
| Current Drawdown | -3.88% | -3.41% |
Correlation
The correlation between VFQY and VFMO is 0.86, 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. VFMO - Performance Comparison
In the year-to-date period, VFQY achieves a 4.38% return, which is significantly lower than VFMO's 11.53% 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. VFMO - Expense Ratio Comparison
Both VFQY and VFMO have an expense ratio of 0.13%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VFQY vs. VFMO - 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. 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
VFQY vs. VFMO - Dividend Comparison
VFQY's dividend yield for the trailing twelve months is around 1.33%, more than VFMO's 0.66% 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% |
VFMO Vanguard U.S. Momentum Factor ETF | 0.66% | 0.89% | 1.72% | 0.81% | 0.45% | 1.22% | 0.70% |
Drawdowns
VFQY vs. VFMO - Drawdown Comparison
The maximum VFQY drawdown since its inception was -37.41%, roughly equal to the maximum VFMO drawdown of -36.77%. Use the drawdown chart below to compare losses from any high point for VFQY and VFMO. For additional features, visit the drawdowns tool.
Volatility
VFQY vs. VFMO - Volatility Comparison
The current volatility for Vanguard U.S. Quality Factor ETF (VFQY) is 3.82%, while Vanguard U.S. Momentum Factor ETF (VFMO) has a volatility of 6.01%. This indicates that VFQY 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.