Vanguard U.S. Multifactor ETF

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.