VFMF

Fund Description
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.
Fund Profile
Fund Name Vanguard US Multifactor ETF
Fund Exchange Ticker VFMF
Fund Sponsor Vanguard
Fund ISIN US9219356071
Net Expense Ratio 0.18 %
Fund Inception Date 13 February 2018
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 27 February 2020
Asset Under Management 89.25 Million (USD)
1 Month Total Return -11.14 %
Year To Date Return -11.82 %
1 Year Total Return -4.93 %
3 Year Annualized Total Return
NAV 71.4
Share Outstanding 1,250,000
Top 10 Holdings (28 February 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
TARGET CORP TGT EQUI 0.0131586046
SANTANDER CONSUMER USA HOLDI SC EQUI 0.0100700929
INTEL CORP INTC EQUI 0.0093706550
JPMORGAN CHASE & CO JPM EQUI 0.0088223920
PROCTER & GAMBLE CO/THE PG EQUI 0.0077526128
MERCK & CO. INC. MRK EQUI 0.0075028847
NXP SEMICONDUCTORS NV NXPI EQUI 0.0073688029
CITIGROUP INC C EQUI 0.0072933498
WALMART INC WMT EQUI 0.0071679040
EBAY INC EBAY EQUI 0.0069761445