VFMO ETF

This Vanguard fund might assist in broadening your ETF portfolio.

I recommend buying VFMO because it has good diversification, strong performance, and promising technical indicators, suggesting it could rise further. Its modified equal-weighted portfolio sets it apart from MTUM and SPMO, making it a notable mid-cap ETF. Additionally, VFMO's varied sector distribution, solid valuation, and positive seasonal trends make it an attractive investment option.

Vanguard U.S. Momentum Factor ETF offers well-diversified allocations with modest valuations, making it attractive in a stretched valuation environment. VFMO's top holdings are mostly in the technology sector, but the fund maintains a diversified investment profile compared to the Russell 3000 index. VFMO's performance has been on par with benchmarks over 3-5 years, but has outperformed in the short term, despite modest exposure to mega caps.

Vanguard's U.S. Momentum Factor ETF, VFMO, stands out for its quantitative approach to selecting holdings, which has led to strong performance and the potential to outperform the S&P 500 Index and other momentum funds. With a low expense ratio and diversified holdings across market caps and sectors, VFMO has been able to achieve impressive momentum compared to its peers while maintaining a lower turnover rate.

This Vanguard ETF provides a cure for the fear of missing out. It owns 594 stocks with strong momentum, including leaders such as Meta, Nvidia, Broadcom, and Eli Lilly.

The "Magnificent Seven" has performed phenomenally, but there are signs the group is weakening. The Vanguard Momentum ETF looks poised to be a winner during the bull market.

The Vanguard U.S. Momentum Factor ETF is an actively managed ETF that targets U.S. large and mid-cap stocks with strong recent price performance. VFMO is underweight tech compared to the broader market, but has outperformed recently, indicating potential positive momentum and further gains. Despite the potential, added volatility might not be worth it in the current market regime.