FYI: (This is a follow-up article.)
Today Vanguard is entering a space no one really thought to see them in, and it’s doing it entirely on its own terms. The firm is rolling out a family of factor ETFs, which is typically thought of as being part of the smart-beta trend, except these funds are actively managed and are Vanguard’s first actively managed ETFs.
The six ETFs rolling out today comprise five single-factor funds and a multifactor fund. The products, their tickers and expense ratios are as follows:
.Vanguard U.S. Liquidity Factor ETF (VFLQ), 0.13%
.Vanguard U.S. Momentum Factor ETF (VFMO), 0.13%
.Vanguard U.S. Minimum Volatility ETF (VFMV), 0.13%
.Vanguard U.S. Quality Factor ETF (VFQY), 0.13%
.Vanguard U.S. Value Factor ETF (VFVA), 0.13%
.Vanguard U.S. Multifactor ETF (VFMF), 0.18%
Regards,
Ted
http://www.etf.com/sections/features-and-news/vanguard-enters-factor-thunderdome?nopaging=1Vanguard Website: Fact Sheet:
https://pressroom.vanguard.com/news/Fact-Sheet-for-Vanguard-Factor-Fund-Offerings.htmlVanguard Website: Press Release:
https://pressroom.vanguard.com/news/Press-Release-Vanguard-Launches-US-Factor-Funds-021518.html