DV
Dividend Vision

VFMO ETF — Vanguard U.S. Momentum Factor ETF ETF Shares

Vanguard U.S. Momentum Factor ETF ETF Shares (VFMO)

Updated October 16, 2026.

Verdict as of October 19, 2026

VFMO's distribution is rated caution by the Dividend Vision Distribution Safety Score™ (59/100, high confidence). It pays quarterly and its distribution rate is 0.57%. The latest total cash payment per current share, $0.307 with an ex-date of September 23, 2026, was 35.1% lower than the previous $0.473. It is not yet confirmed whether this is a cut to the regular payout or a one-off difference.

Sources: Vanguard page for VFMO, Section 19a-1 notices, scoring methodology.

VFMO is a low-cost ETF. its distribution rate is 0.57%, its trailing-12-month yield is 0.62%, its expense ratio is 0.13%. Dividend Vision Distribution Safety Score™ is 59/100 (Caution). Total return is 204.5% over the past 8.7 years, 14.7 points behind SPY at 219.2%.

Vanguard U.S. Momentum Factor ETF is an equity fund that seeks higher returns than the broad U.S. market by investing in U.S. stocks exhibiting strong recent performance across diverse sectors and industry groups. The fund carries a low expense ratio of 0.13% and distributes a modest yield quarterly. It appeals to investors seeking equity exposure through a momentum-focused strategy rather than traditional market-cap weighting.

VFMO dividend yield and income

Price as of 2026-10-16.

The distribution rate (0.57%) uses calculation basis unavailable. Trailing-12-month yield (0.62%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.307. The ex-dividend date is 09/23/2026. The payment date is 09/25/2026.

Recorded distribution timeline (34)
Ex-dateAmountChange from previous payment
2026-09-23$0.307-35.1%
Total cash (unclassified)
2026-06-24$0.473109.3%
Total cash (unclassified)
2026-03-24$0.226-35.6%
Total cash (unclassified)
2025-12-23$0.351-0.3%
Total cash (unclassified)
2025-09-24$0.352-36.6%
Total cash (unclassified)
2025-06-20$0.55577.9%
Total cash (unclassified)
2025-03-25$0.312-29.6%
Total cash (unclassified)
2024-12-23$0.44362.9%
Total cash (unclassified)
2024-09-26$0.272-13.9%
Total cash (unclassified)
2024-06-27$0.316100.0%
Total cash (unclassified)
2024-03-21$0.158-57.8%
Total cash (unclassified)
2023-12-19$0.374142.9%
Total cash (unclassified)
2023-09-21$0.154-45.8%
Total cash (unclassified)
2023-06-23$0.284-20.0%
Total cash (unclassified)
2023-03-23$0.355-37.1%
Total cash (unclassified)
2022-12-22$0.56414.9%
Total cash (unclassified)
2022-09-23$0.491-11.5%
Total cash (unclassified)
2022-06-29$0.55555.5%
Total cash (unclassified)
2022-03-21$0.357-28.5%
Total cash (unclassified)
2021-12-27$0.49995.7%
Total cash (unclassified)
2021-09-24$0.25522.6%
Total cash (unclassified)
2021-06-29$0.20889.1%
Total cash (unclassified)
2021-03-22$0.11-41.8%
Total cash (unclassified)
2020-12-24$0.189243.6%
Total cash (unclassified)
2020-09-21$0.055-57.0%
Total cash (unclassified)
2020-06-29$0.128-3.8%
Total cash (unclassified)
2020-03-23$0.133-63.5%
Total cash (unclassified)
2019-12-20$0.36478.4%
Total cash (unclassified)
2019-09-16$0.204-28.7%
Total cash (unclassified)
2019-06-21$0.28640.9%
Total cash (unclassified)
2019-03-21$0.20314.0%
Total cash (unclassified)
2018-12-19$0.17843.5%
Total cash (unclassified)
2018-09-26$0.124-28.3%
Total cash (unclassified)
2018-06-28$0.173—
2018 total$0.475—
2019 total$1.057122.5%
2020 total$0.505-52.2%
2021 total$1.072112.3%
2022 total$1.96783.5%
2023 total$1.167-40.7%
2024 total$1.1891.9%
2025 total$1.5732.0%
2026 YTD total$1.006-17.5% vs prior-year YTD

VFMO dividend growth

Trailing-12-month distributions versus the preceding 12 months changed -18.4%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -57.91%.

TTM income vs TTM N years earlier
WindowChange
1Y-18.4%
3Y0.0%
5Y78.1%

VFMO holdings and sector exposure

Holdings are not available for this snapshot.

VFMO performance versus SPY

Price and return data through 2026-10-16.

Total return is 204.5% over the past 8.7 years, 14.7 points behind SPY at 219.2%. Over the past year its total return — price change plus distributions reinvested — is 12.3%. Its deepest 1-year drawdown was 14.0%.

WindowTotal returnCAGR
1M-2.9%—
3M-4.3%—
6M0.5%—
YTD14.1%—
1Y12.3%—
2Y CAGR—15.20%
3Y CAGR—25.50%
5Y CAGR—11.40%
Since inception (8.7 years)204.5%13.70%

VFMO key facts

Distribution Safety Score™
59 · Caution
Safety-Adjusted Yield
0.34%
Issuer
Vanguard
Asset type
ETF
Asset class
Equity
Inception date
02/13/2018
Expense ratio
0.13%
Distribution rate
0.57%
Distribution frequency
Quarterly
Trailing yield
0.62%
Last close
$217.31 (stale; as of 2026-10-16)
AUM
$1,843,518,600
Average volume
60700.0
Dividend
$0.307
Ex-dividend date
09/23/2026
Payment date
09/25/2026
Beta
1.35

How Dividend Vision calculates yield and returns

Distribution rate (0.57%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.62%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Vanguard or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

VFMO risks and drawbacks

VFMO's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 14.0%.

Who may consider VFMO — and who may not

VFMO may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (VFMO pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on VFMO

Compare VFMO

VFMO vs similar funds:

Frequently asked questions

Does VFMO pay monthly?

No. VFMO currently pays quarterly, not monthly.

What is VFMO's expense ratio?

VFMO's expense ratio is 0.13%.

What is VFMO's dividend yield?

VFMO's distribution rate is 0.57%, paid quarterly, with a 0.13% expense ratio — calculation basis unavailable.

How has VFMO's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed -18.4%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does VFMO pay a dividend?

VFMO pays quarterly. The dividend amount is $0.307. The ex-dividend date is 09/23/2026. The payment date is 09/25/2026.

How has VFMO performed?

Total return is 204.5% over the past 8.7 years, 14.7 points behind SPY at 219.2%. Over the past year its total return — price change plus distributions reinvested — is 12.3%. Its deepest 1-year drawdown was 14.0%.

Is VFMO a good investment?

VFMO's Dividend Vision Distribution Safety Score is 59 (Caution). That is a risk signal, not investment advice. Its distribution rate is 0.57% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.