VFMF Vanguard U.S. Multifactor ETF

ETF 186.63 Delayed

ETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

VFMF $186.63 —
Key stats
$186.63
52-Week Range
$140.20 – $189.21
YTD
+22.96%
IV Rank (30D)
11.78
Straddle Price
$6.00
P/C Vol Ratio
0.33
Open
$188.23
Day Range
$186.50 – $189.21
Volume
3,555
Prev Close
$186.77
About

Vanguard U.S. Multifactor ETF (VFMF) ETF

No description available.

Exchange
BATS
Inception
2018-02-13
Has Options
Yes
Homepage
https://investor.vanguard.com/etf
Fund profile
holdings as of Oct 20, 2026issuer datathrough May 2026flows, SEC filings
Expense ratio
0.18%
issuer, Oct 22, 2026
Assets
$1.1B
shares × price, Oct 21, 2026
Trailing yield
1.38%
paid quarterly
Average daily volume
$12M
30 sessions
Holdings
650
top 10 are 9.0%
Listed
Feb 13, 2018
Cboe BZX
Net asset value
$186.63
issuer, Oct 21, 2026 · closed +0.07% to NAV
30-day SEC yield
1.51%
issuer, Sep 30, 2026
Closure risk, 12 months
0.3%
low · model
FrenzyCap ETF score
81
how it is built
Cost82
Liquidity69
Scale76
Diversification100

Moves with. US large-cap stocks (74% of its variance, beta 0.98); Small caps over large (21% of its variance, beta 0.39). These factors explain 85% of its daily moves over the last year.

Stated objective. Vanguard U.S. Multifactor ETF (the Fund) seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. (from the fund's prospectus)

All 650 holdingsFlow historySimilar fundsOverlap toolAll Multi-Factor ETFs

Fund flows
through May 2026SEC filings
May 2026
+$30M
latest reported month
Latest 3 months
+$51M
+7.9% of assets
Latest 12 months
+$166M
+25.9% of assets
Jun 2025: −$4.0MJul 2025: −$185KJulAug 2025: −$1.4MSep 2025: +$30MSepOct 2025: +$17MNov 2025: −$5.7M−$5.7MNovDec 2025: +$20MJan 2026: +$53M+$53MJanFeb 2026: +$7.2MMar 2026: +$1.4MMarApr 2026: +$20MMay 2026: +$30MMay
View as a table
Net flows of VFMF by month, Jun 2025 to May 2026
MonthNet flow
May 2026+$30M
Apr 2026+$20M
Mar 2026+$1.4M
Feb 2026+$7.2M
Jan 2026+$53M
Dec 2025+$20M
Nov 2025−$5.7M
Oct 2025+$17M
Sep 2025+$30M
Aug 2025−$1.4M
Jul 2025−$185K
Jun 2025−$4.0M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 81 months ago

Similar funds
FundOverlapFeeAssets1Y
VFVAVanguard U.S. Value Factor ETF44%0.13%$941M+24.9%compare
VFQYVanguard U.S. Quality Factor ETF38%0.13%$514M+17.2%compare
VFMOVanguard U.S. Momentum Factor ETF37%0.13%$1.9B+13.5%compare
ROUSHartford Multifactor US Equity ETF34%0.19%$784M+19.8%compare
MFUSPIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF34%0.29%$304M+17.6%compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of Oct 20, 2026issuer data
Holdings vs fair value
+19.3%
58% under, 14% over · 98% covered
Price / earnings
19.1
7% loss-making · 96% covered
Price / book · sales
2.2 · 1.0
revenue growth +7.9%
Above 200-day average
72%
54% above 50-day · by weight
Short interest
6.0%
of float, weighted · 4.2 days to cover
Insider buying
5%
of weight had net insider buying, 90 days; 62% net selling
13F holders
+2.6%
change in shares held by institutions, latest quarter
Reporting earnings
33.1%
of weight in 7 days; 69.0% in 14
Implied correlation
0.10
fund IV 14.3% vs holdings 44.2% · board
Largest contributors below fair value
Largest contributors above fair value

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Oct 16, 2026 → Oct 19, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
IncreaseVCTRVictory Capital Holdings Inc0.20%0.23%+19.1%
IncreaseNTAPNetApp Inc0.16%0.18%+11.3%
IncreaseXRXXerox Holdings Corp0.10%0.12%+16.0%
IncreaseASYSAmtech Systems Inc0.08%0.09%+10.3%
IncreaseBNEDBarnes & Noble Education Inc0.02%0.03%+35.9%

0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.7%. Full holdings and history

Under the hood
fiscal year to Nov 30, 2025SEC census
Authorized participants
5 active
of 37 with agreements; top 3 did 91%
Created · redeemed
$180M · $103M
over the fiscal year
Redemptions in kind
100%
creations 4% in kind
Creation unit
5,000
shares
Securities lending
0.05%
of assets on loan on average; earned 0.1 bp

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-20
Holdings
650
AUM
$1.1B
Provider
Vanguard
Inception
2018-02-13
Exchange
BATS
Data As Of
2026-10-20
Expense Ratio
0.18%
Dividend Yield
1.38%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-23 2026-09-25 $0.6047 CD
2026-06-24 2026-06-26 $0.6819 CD
2026-03-24 2026-03-26 $0.6495 CD
2025-12-23 2025-12-26 $0.6413 CD
2025-09-24 2025-09-26 $0.4716 CD
2025-06-20 2025-06-24 $0.6068 CD
Asset Allocation
Top Holdings
top 50 of 650 holdings
Symbol Name Weight % Asset Class Country
VLO Valero Energy Corp 1.09% Equity (US) US
MPC Marathon Petroleum Corp 0.97% Equity (US) US
COP ConocoPhillips 0.92% Equity (US) US
EOG EOG Resources Inc 0.90% Equity (US) US
ALL Allstate Corp/The 0.88% Equity (US) US
MO Altria Group Inc 0.86% Equity (US) US
TRV Travelers Cos Inc/The 0.86% Equity (US) US
NEM Newmont Corp 0.85% Equity (US) US
MU Micron Technology Inc 0.84% Equity (US) US
AMGN Amgen Inc 0.83% Equity (US) US
WDC Western Digital Corp 0.82% Equity (US) US
DELL Dell Technologies Inc 0.79% Equity (US) US
BMY Bristol-Myers Squibb Co 0.77% Equity (US) US
GILD Gilead Sciences Inc 0.77% Equity (US) US
ABBV AbbVie Inc 0.75% Equity (US) US
BNY Bank of New York Mellon Corp/The 0.73% Equity (US) US
JNJ Johnson & Johnson 0.72% Equity (US) US
CVS CVS Health Corp 0.72% Equity (US) US
XOM ExxonMobil Holdings Corp 0.72% Equity (US) US
ADBE Adobe Inc 0.69% Equity (US) US
CMI Cummins Inc 0.68% Equity (US) US
ACN Accenture PLC 0.68% Equity (Foreign) IE
MRK Merck & Co Inc 0.66% Equity (US) US
INTU Intuit Inc 0.64% Equity (US) US
ABNB Airbnb Inc 0.62% Equity (US) US
FDX FedEx Corp 0.62% Equity (US) US
CL Colgate-Palmolive Co 0.61% Equity (US) US
REGN Regeneron Pharmaceuticals Inc 0.61% Equity (US) US
ROST Ross Stores Inc 0.58% Equity (US) US
PEP PepsiCo Inc 0.57% Equity (US) US
UNH UnitedHealth Group Inc 0.56% Equity (US) US
GM General Motors Co 0.51% Equity (US) US
FTNT Fortinet Inc 0.50% Equity (US) US
WFC Wells Fargo & Co 0.45% Equity (US) US
LRCX Lam Research Corp 0.42% Equity (US) US
SCHW Charles Schwab Corp/The 0.42% Equity (US) US
CSCO Cisco Systems Inc 0.42% Equity (US) US
QCOM QUALCOMM Inc 0.40% Equity (US) US
PSX Phillips 66 0.40% Equity (US) US
C Citigroup Inc 0.39% Equity (US) US
ADP Automatic Data Processing Inc 0.37% Equity (US) US
PFE Pfizer Inc 0.36% Equity (US) US
BAC Bank of America Corp 0.35% Equity (US) US
DINO HF Sinclair Corp 0.34% Equity (US) US
AAPL Apple Inc 0.33% Equity (US) US
MCO Moody's Corp 0.33% Equity (US) US
JPM JPMorgan Chase & Co 0.33% Equity (US) US
BKNG Booking Holdings Inc 0.33% Equity (US) US
MCK McKesson Corp 0.32% Equity (US) US
CI Cigna Group/The 0.31% Equity (US) US
Geographic Breakdown
Chart
Seasonality
Month'21'22'23'24'25'26Avg
Jan3.92%-5.06%6.91%0.70%4.55%3.87%2.48%
Feb4.64%-0.63%-2.05%4.15%-1.25%1.50%1.06%
Mar3.01%2.95%-4.23%4.14%-3.83%-4.58%-0.42%
Apr1.57%-6.38%-1.98%-5.17%-2.51%7.74%-1.12%
May1.41%2.71%-3.01%4.27%5.05%2.07%2.08%
Jun-2.20%-10.91%8.13%-1.14%3.34%2.99%0.04%
Jul-1.37%7.91%4.35%7.56%-1.21%2.39%3.27%
Aug3.30%-1.49%-1.73%2.22%7.09%0.85%1.71%
Sep-3.18%-7.86%-4.62%2.49%1.78%-3.37%-2.46%
Oct4.46%10.50%-3.52%0.17%-0.60%3.51%*2.42%
Nov-3.16%4.47%6.81%8.48%3.42%--4.00%
Dec4.78%-5.61%5.95%-7.23%1.74%---0.07%
Total17.98%-11.20%10.09%21.28%18.34%17.68%12.36%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $182.67
SMA 50: $184.25
SMA 200: $171.59
Current: $186.67
EMA 12: $184.53
EMA 26: $183.72
MACD: 0.8069 | Signal: 0.6272
BULLISH
ADX (14): 22.68
WEAK TREND
+DI: 37.67
−DI: 14.86

Momentum Oscillators

RSI (14): 62.83
NEUTRAL
Stoch %K: 89.51
Stoch %D: 86.88
Williams %R: -28.11

Volume & Volatility

BB Upper: $187.38
BB Lower: $177.97
NEUTRAL
OBV: 1,322,532
Vol SMA 20: 67,231
Vol ROC: -96.84%
ATR: $1.74
True Range: $2.71
HV 20: 9.8%
HV 30: 9.8%
HV 60: 9.6%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

Showing 1–10 of 50
Page 1 of 5

VFMF Options Activity & IV Rank

VFMF IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 14.2%
7-DTE IV: —
Expected Move: $6.00
7-DTE Move: $6.00
Days to Exp: 29 (2026-11-20)

Options Flow

Call Volume: 3
Put Volume: 1
P/C Volume: 0.333
BULLISH
Call OI: 3
Put OI: 1
P/C OI: 0.333
Total OI: 4

ATM Options Pricing

ATM Call: $2.90
ATM Put: $3.10
Call %: 1.6%
Put %: 1.7%

Chain Summary

Chain Volume: 26
Chain OI: 27
Last Updated: 10/22/2026
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
No data
30 DTE / 10d —
— pts EXTREME
ATM 14.1% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)11.8LowOct 22
Straddle Price (30 DTE)$6.00Oct 22
Beta Analysis

Risk Metrics

Beta: 0.6817
Alpha: 17.32%
Correlation: 0.7151
R-Squared: 51.1%
Stock Volatility: 12.1%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

VFMF Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

111 filers1,950,936 shares$339.70M value
# Filer Shares Value % of Total % of Float Period
1 ANDERSON HOAGLAND & CO 302,472 $53.53M 15.76% — 2026-06-30
2 Systelligence, LLC 160,678 $28.44M 8.37% — 2026-06-30
3 Envestnet Asset Management, Inc. 148,790 $26.33M 7.75% — 2026-06-30
4 BRASS TAX WEALTH MANAGEMENT, INC 165,537 $23.88M 7.03% — 2025-09-30
5 LPL Financial LLC Custodian 124,650 $22.06M 6.49% — 2026-06-30
6 Opus Capital Group, LLC 107,138 $18.96M 5.58% — 2026-06-30
7 Cambridge Investment Research Advisors, Inc. 86,812 $15.36M 4.52% — 2026-06-30
8 UMB Bank, n.a. 66,037 $11.69M 3.44% — 2026-06-30
9 Raymond James Financial, Inc. Custodian 58,773 $10.40M 3.06% — 2026-06-30
10 Storen Legacy Partners, LLC 57,126 $10.11M 2.98% — 2026-06-30
11 Rooted Wealth Advisors, Inc. 54,569 $9.66M 2.84% — 2026-06-30
12 Geneos Wealth Management Inc. 44,273 $7.84M 2.31% — 2026-06-30
13 BARON SILVER STEVENS FINANCIAL ADVISORS, LLC 43,048 $7.62M 2.24% — 2026-06-30
14 ADVISORTRUST PARTNERS, LLC 34,070 $6.03M 1.77% — 2026-06-30
15 OSAIC HOLDINGS, INC. Custodian 27,724 $4.91M 1.44% — 2026-06-30
16 Royal Bank of Canada Custodian 20,972 $3.71M 1.09% — 2026-06-30
17 COMMONWEALTH EQUITY SERVICES, LLC 20,611 $3.65M 1.07% — 2026-06-30
18 BARNES PETTEY FINANCIAL ADVISORS, LLC 20,336 $3.60M 1.06% — 2026-06-30
19 Partners in Financial Planning 19,325 $3.42M 1.01% — 2026-06-30
20 TFB Advisors LLC 19,206 $3.40M 1.00% — 2026-06-30
21 RHS Financial, LLC 17,915 $3.20M 0.94% — 2026-09-30
22 Two Sigma Investments, LP Custodian 16,900 $2.99M 0.88% — 2026-06-30
23 Cedar Point Capital Partners, LLC 15,926 $2.82M 0.83% — 2026-06-30
24 Walkner Condon Financial Advisors LLC 15,363 $2.72M 0.80% — 2026-06-30
25 MGO ONE SEVEN LLC 15,169 $2.68M 0.79% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
20.98K
SI % of Float
0.35%
Days to Cover
1.00
Short Vol Ratio
73.4%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month