VFQY

Vanguard U.S. Quality Factor ETF

$149.06
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Vanguard U.S. Quality Factor ETF (VFQY) seeks to track the performance of a benchmark index that measures the investment return of high-quality U.S. stocks.

Overview

ETF tracking Vanguard U.S. Quality Factor ETF

Category Other
Issuer Vanguard
Inception Date 2018-02-15
Market Cap $415.1M
Average Volume N/A
Dividend Yield 1.23%
52-Week Range $118.46 - $153.52
VWAP $149.18

Performance

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Investment Summary

📎 Investment Objective

The Vanguard U.S. Quality Factor ETF (VFQY) seeks to track the performance of a benchmark index that measures the investment return of high-quality U.S. stocks.

🎯 Investment Strategy

The ETF employs a passively managed, full-replication approach, seeking to replicate the performance of the FTSE USA Qual/Vol/Yield Factor 5% Capped Index. The index is designed to measure the performance of U.S. large- and mid-capitalization stocks that exhibit high quality, low volatility, and high yield characteristics.

✨ Key Features

  • Focuses on high-quality U.S. stocks with low volatility and high dividend yields
  • Passively managed to track the FTSE USA Qual/Vol/Yield Factor 5% Capped Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific factor-based strategy
  • Market risk as the fund's performance is tied to the U.S. equity market
  • Liquidity risk due to the fund's small asset base and limited trading volume
  • Tracking error risk as the fund may not perfectly replicate the index performance

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to high-quality U.S. stocks with lower volatility and higher dividend yields as part of a diversified portfolio. However, due to the fund's limited history and small asset base, it may not be appropriate for risk-averse investors or those seeking immediate liquidity.