VFMO Stock Summary and Trading Ideas (Vanguard US Momentum Factor ETF | BATS:VFMO)

Vanguard U.S. Momentum Factor ETF seeks to provide long-term capital appreciation. The fund 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 strong recent performance 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 securities with relatively strong recent performance subject to a set of reasonable constraints designed to foster portfolio diversification and liquidity. Securities with relatively strong recent past performance may be identified by measures such as performance over different time periods.

Vanguard US Momentum Factor ETF trades on the BATS stock market under the symbol VFMO.

As of December 13, 2024, VFMO stock price declined to $172.13 with 31,920 million shares trading.

VFMO has a beta of 1.49, meaning it tends to be more sensitive to market movements. VFMO has a correlation of 0.78 to the broad based SPY ETF.

VFMO has a market cap of $898.52 million. This is considered a Small Cap stock.

In the last 3 years, VFMO traded as high as $179.56 and as low as $102.91.

VFMO has outperformed the market in the last year with a return of +35.9%, while the SPY ETF gained +29.9%. In the last 3 month period, VFMO beat the market returning +10.0%, while SPY returned +7.8%. However, in the most recent 2 weeks VFMO has underperformed the stock market by returning -3.4%, while SPY returned +0.3%.

VFMO support price is $170.54 and resistance is $174.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VFMO shares will trade within this expected range on the day.