Vanguard U.S. Quality Factor ETF
VFQY
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- Feb 15, 2018
- CIK
- 0000105563
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard U.S. Quality Factor ETF (VFQY) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in U.S. common stocks exhibiting strong fundamentals, including profitability, sustainable earnings, and healthy balance sheets, as determined through a quantitative, rules-based methodology by its advisor. The fund employs a flexible active management approach to select a diversified portfolio of equities across market capitalizations and sectors, such as industrials, consumer discretionary, technology, financials, and healthcare; top holdings typically include companies like KLA Corporation, Gilead Sciences, Apple, Adobe, and NIKE, with no single position exceeding 2% of assets and approximately 412 holdings in total. VFQY offers investors exposure to quality factors relative to the broad U.S. equity market, with a low net expense ratio of 0.13%, quarterly dividend distributions, and a focus on liquidity and diversification across industry groups. Launched on February 13, 2018, and listed on the Cboe BZX Exchange, the ETF is managed by Vanguard and headquartered in Malvern, Pennsylvania, the global base of The Vanguard Group, Inc. Geographically, VFQY targets the U.S. equity market exclusively, serving retail and institutional investors seeking factor-based strategies beyond traditional indexing. In recent developments, Vanguard streamlined portfolio management for VFQY and over 40 other funds in 2025 by removing co-portfolio manager John Ameriks, leaving Scott Rodemer as the sole manager, a change aimed at enhancing efficiency following prior team expansions. The fund also saw its methodology refined in 2023 under Rodemer's leadership since March 2023 to deliver more consistent quality exposure, alongside ongoing portfolio turnover of approximately 44-55% to adapt to market conditions. Assets under management have grown to around $420 million, with year-to-date inflows reflecting investor interest in its value-tilted, mid- and small-cap leaning quality approach amid broader market dynamics.