This Vanguard ETF Has Outperformed the Company's S&P 500 Fund for Years. Most Investors Have Never Heard of It.
Most people know Vanguard for its low-cost index funds. This smaller, actively managed ETF has been able to beat the S&P 500 for more than eight years.
This Vanguard ETF Has Outperformed the Company's S&P 500 Fund for Years. Most Investors Have Never Heard of It.
Overview
Most investors know Vanguard for its lineup of ultra-cheap index funds. But it's a small, under-the-radar, actively managed exchange-traded fund (ETF) that's been steadily beating the S&P 500.
The Vanguard U.S. Momentum Factor ETF (NYSEMKT: VFMO) doesn't get much attention, and Vanguard doesn't really promote it. It's part of the company's factor ETF lineup that it launched in 2018. It includes five active funds managing a combined $4 billion, a success story for most issuers, but not by Vanguard standards.
In terms of performance, though, the Vanguard Momentum Factor ETF has been a hit. And it needs to be considered for more portfolios.
Details
Source
Originally published at www.fool.com.
