Vanguard U.S. Momentum Factor ETF (VFMO) is a momentum-factor ETF. As of October 28, 2026, ETF Copilot scores VFMO 5.5 out of 10 — highest on Value (7.5), lowest on Quality (2.2). It trades at 20.3 times earnings, against its own median of 22.6. Its ten largest holdings are 9% of the fund.
What stands out in VFMO's data
U.S. stocks selected for their recent price momentum, held across a broad list.
Priced in line with the typical momentum fund — you get the growth engine without paying a premium for it.
Its trailing EBITDA multiple of 13.2x is close to the category median of 13.6x, and the fund's 691 holdings spread risk broadly, though its EBITDA margin of 21.9% trails the 26.2% peer norm.
A momentum tilt that adds a price-driven growth engine to a portfolio.
Why did VFMO move this week? It rose 0.7% in the week to October 28, 2026 — Palo Alto Networks and CrowdStrike drove it
VFMO rose 0.7% in the week to October 28, 2026. The holdings that moved it most were Palo Alto Networks (+13.6%), CrowdStrike (+11.4%) and Vertiv (+14.5%); Valero Energy (−11.1%) pushed the other way.
How is VFMO rated? ETF Copilot scores Vanguard U.S. Momentum Factor ETF (VFMO) 5.5 out of 10
As of October 28, 2026, ETF Copilot scores Vanguard U.S. Momentum Factor ETF (VFMO) 5.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.5 / 10
- Growth: 6.0 / 10
- Value: 7.5 / 10
- Risk: 2.9 / 10
- Quality: 2.2 / 10
- Return: 7.5 / 10
Is VFMO expensive right now? It trades at 20.3 times earnings, against its own median of 22.6
As of October 28, 2026, VFMO is cheaper than 64% of its own last 9 years.
Trailing 12 months, built from VFMO's holdings. How we calculate this →
What's inside VFMO? 25% Tech
What's inside VFMO: Size (Large 43%, Mid 30%, Small 28%); Geography (International 6%, US 94%); Tech 25.0%; Magnificent 7 0.6%; AI 5.5%; Semiconductors 9.3%; Memory 5.5%.
What are VFMO's top holdings? The ten largest are 9% of the fund
KLA, Applied Materials, Micron Technology, Advanced Micro Devices, Intel, Corning, Lam Research, Western Digital, Sandisk and Marvell Technology are VFMO's largest holdings, in that order.
Less concentrated than 92% of Momentum ETFs.
Half of VFMO's weight sits in its 122 largest positions, and once those weights are taken into account it behaves like 309 equally weighted holdings.
What is VFMO's expense ratio? 0.13% a year
As of October 28, 2026, VFMO charges 0.13% a year, yields 0.60% and holds $1.9B in assets across 691 positions.
| Measure | VFMO |
|---|---|
| Expense ratio | 0.13% |
| Dividend yield | 0.60% |
| Assets under management | $1.9B |
| Holdings | 691 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Vanguard U.S. Momentum Factor ETF (VFMO) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/vfmo
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