Vanguard U.S. Momentum Factor ETF

Vanguard U.S. Momentum Factor ETF is an actively managed exchange-traded fund that seeks to provide long-term capital appreciation by investing in U.S. stocks with strong recent price performance. The fund uses a rules-based, quantitative selection process to identify momentum characteristics across large-, mid-, and small-cap companies, aiming to build a diversified portfolio that reflects the behavior of leaders in the U.S. equity market. Its holdings span multiple sectors, with meaningful exposure to industries such as technology, industrials, health care, and financial services. Vanguard U.S. Momentum Factor ETF is designed for investors seeking broad U.S. equity exposure with a factor-based approach that emphasizes relative strength and portfolio diversification. As part of Vanguard’s ETF lineup, it serves as a strategic equity allocation tool within the U.S. market, combining active management with systematic security selection.