Here’s an intriguing exchange-traded fund (ETF) I’ve recently looked at: the Vanguard U.S. Momentum Factor ETF (VFMO -2.36%).
The Motley Fool often recommends index funds, and they are indeed terrific for most investors, typically featuring relatively low fees because their managers simply have to buy and hold whatever is in the index they track. Index funds often outperform their counterparts — actively managed funds — too. Still, some managed funds are worth investigating, such as this ETF.
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The ETF is primarily focused on U.S. stocks — large, medium-sized, and small ones — screening that universe for stocks that have been making strong moves recently, expecting them to continue doing so. It’s aiming for long-term appreciation.
Vanguard Wellington Fund – Vanguard U.s. Momentum Factor ETF
Today’s Change
(-2.36%) $-5.50
Current Price
$227.12
