This Vanguard ETF Is Up 22% This Year and Still Worth Buying for the Long Term
This ETF has been Vanguard's third-best performer over the past three years.
Overview
Vanguard's stable of cheap, high-performing funds has made it the largest and most popular exchange-traded fund (ETF) manager in the world. The best of the bunch to invest in right now might be the Vanguard U.S. Momentum Factor ETF (NYSEMKT: VFMO).
The ETF has been one of Vanguard's best performers in recent years. It has returned 22% year to date and has posted an average annualized return of 29% over the past three years, beating the S&P 500. It is Vanguard's fourth-best performer year to date and third-best over the past three years. It was launched in 2018, so it does not yet have a 10-year track record.
Details
Here's why it should continue to outperform in the potentially rocky years ahead.
Source
Originally published at www.fool.com.