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ETFs

Vanguard U.S. Multifactor ETF

VFMF
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Feb 13 2018
Expense Ratio
0.18%
Type
US Equities
Fund Owner
Vanguard
Volume (1m avg. daily)
$413,972
AUM
$167,026,100
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

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Invest with VFMF

What is VFMF?

Vanguard U.S. Multifactor ETF seeks to provide long-term capital appreciation. The fund s investment advisor constructs a diversified portfolio that invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. The advisor uses a quantitative model to evaluate all of the securities in an investment universe comprised of U.S. large, mid, and small capitalization stocks and to construct a U.S. equity portfolio that seeks to achieve exposure to multiple factors subject to a set of reasonable constraints designed to foster portfolio diversification, liquidity, and lower volatility.The investment advisor s quantitative model first groups the securities within the fund s investment universe by market capitalization and then ranks each security within each group by reference to characteristics designed to measure its exposure to the momentum, quality, value, and volatility factors. The model then places emphasis on the securities with the lowest rankings related to volatility and the highest rankings related to momentum, quality, and value factors. The model determines the identity and amount of securities to include within the portfolio based on such rankings.

ETFs related toVFMF

ETFs correlated to VFMF include AVLV, DFUV, LSAF

VFMF
Vanguard Group, Inc. - Vanguard U.S. Multifactor ETF
AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value ETF
LSAF
Two Roads Shared Trust - LeaderShares AlphaFactor US Core Equity ETF
AVUV
American Century ETF Trust - Avantis U.S. Small Cap Value ETF
XMVM
Invesco Capital Management LLC - Invesco S&P MidCap Value with Momentum ETF
VFQY
Vanguard Group, Inc. - Vanguard U.S. Quality Factor ETF
SYLD
Cambria Investment Management LP - Cambria Shareholder Yield ETF
DFAT
Dimensional ETF Trust - Dimensional U.S. Targeted Value ETF
VFVA
Vanguard Group, Inc. - Vanguard U.S. Value Factor ETF
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toVFMF

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with VFMF using Composer

FAQ

VFMF is a US Equities ETF. Vanguard U.S. Multifactor ETF seeks to provide long-term capital appreciation. The fund s investment advisor constructs a diversified portfolio that invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. The advisor uses a quantitative model to evaluate all of the securities in an investment universe comprised of U.S. large, mid, and small capitalization stocks and to construct a U.S. equity portfolio that seeks to achieve exposure to multiple factors subject to a set of reasonable constraints designed to foster portfolio diversification, liquidity, and lower volatility.The investment advisor s quantitative model first groups the securities within the fund s investment universe by market capitalization and then ranks each security within each group by reference to characteristics designed to measure its exposure to the momentum, quality, value, and volatility factors. The model then places emphasis on the securities with the lowest rankings related to volatility and the highest rankings related to momentum, quality, and value factors. The model determines the identity and amount of securities to include within the portfolio based on such rankings.

Yes, VFMF is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, VFMF is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on VFMF is -0.0065%. This is the percent change in the value of VFMF over the most recent 1-month period. The 3-month return on VFMF is 0.031%. This is the percent change in the value of VFMF over the most recent 3-month period.

The standard deviation of VFMF for the past year is 0.1862%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to VFMF include SPHQ, DSI, and QUAL.

ETFs correlated to VFMF include AVLV, DFUV, and LSAF.

ETFs that are inversely correlated to VFMF include TZA, TWM, and RWM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.