VFMO vs. IBBQ ETF Comparison

Comparison of Vanguard U.S. Momentum Factor ETF (VFMO) to Invesco Nasdaq Biotechnology ETF (IBBQ)

VFMO

Vanguard U.S. Momentum Factor ETF

VFMO Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with strong recent performance as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$174.94

Average Daily Volume

38,111

Number of Holdings ^*

575

* may have additional holdings in another (foreign) market

IBBQ

Invesco Nasdaq Biotechnology ETF

IBBQ Description

The investment seeks to track the investment results (before fees and expenses) of the Nasdaq Biotechnology Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market capitalization weighted index that is designed to measure the performance of securities listed on the Nasdaq Stock Market that are classified as either biotechnology or pharmaceutical companies. The index may include securities of large-, mid- and small-capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.31

Average Daily Volume

17,980

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

Performance

Period	VFMO	IBBQ
30 Days	4.33%	-6.94%
60 Days	7.62%	-9.48%
90 Days	11.33%	-8.51%
12 Months	46.40%	17.45%

62 Overlapping Holdings

Symbol	Grade	Weight in VFMO	Weight in IBBQ	Overlap
ABUS	D	0.12%	0.07%	0.07%
ACLX	C	0.1%	0.51%	0.1%
ADMA	B	0.26%	0.48%	0.26%
AGIO	C	0.07%	0.33%	0.07%
ALNY	D	0.2%	3.26%	0.2%
ANAB	F	0.13%	0.06%	0.06%
ANIP	D	0.02%	0.13%	0.02%
ARQT	B	0.04%	0.12%	0.04%
BPMC	C	0.19%	0.61%	0.19%
CGEM	F	0.08%	0.09%	0.08%
COLL	F	0.12%	0.1%	0.1%
CRNX	B	0.15%	0.47%	0.15%
CSTL	D	0.06%	0.08%	0.06%
DAWN	D	0.02%	0.14%	0.02%
DYN	D	0.13%	0.31%	0.13%
ELVN	C	0.03%	0.12%	0.03%
EOLS	F	0.12%	0.08%	0.08%
EWTX	C	0.22%	0.32%	0.22%
EXEL	B	0.0%	1.06%	0.0%
GERN	C	0.08%	0.24%	0.08%
HALO	F	0.19%	0.62%	0.19%
HROW	D	0.1%	0.15%	0.1%
HUMA	F	0.09%	0.06%	0.06%
IDYA	F	0.05%	0.24%	0.05%
INSM	C	0.3%	1.23%	0.3%
INVA	D	0.2%	0.13%	0.13%
ITOS	F	0.03%	0.03%	0.03%
JANX	C	0.15%	0.27%	0.15%
KALV	F	0.07%	0.04%	0.04%
KRYS	C	0.1%	0.53%	0.1%
KURA	F	0.07%	0.13%	0.07%
LXRX	F	0.02%	0.04%	0.02%
MDGL	C	0.02%	0.67%	0.02%
MEDP	F	0.13%	1.04%	0.13%
NRIX	C	0.1%	0.16%	0.1%
NUVL	D	0.11%	0.56%	0.11%
NVAX	F	0.1%	0.13%	0.1%
OCUL	C	0.1%	0.15%	0.1%
PAHC	B	0.12%	0.05%	0.05%
PCVX	D	0.28%	1.04%	0.28%
PHAT	F	0.12%	0.06%	0.06%
PTGX	D	0.12%	0.26%	0.12%
REGN	F	0.54%	5.67%	0.54%
RNA	C	0.16%	0.53%	0.16%
RVMD	B	0.14%	0.99%	0.14%
RYTM	C	0.12%	0.37%	0.12%
SIGA	F	0.06%	0.05%	0.05%
SMMT	D	0.23%	1.43%	0.23%
SPRY	C	0.1%	0.15%	0.1%
SRRK	B	0.02%	0.23%	0.02%
SVRA	F	0.02%	0.05%	0.02%
SWTX	C	0.06%	0.29%	0.06%
TERN	F	0.04%	0.05%	0.04%
TSHA	C	0.05%	0.05%	0.05%
TWST	F	0.09%	0.23%	0.09%
UTHR	C	0.2%	1.75%	0.2%
VCEL	A	0.04%	0.28%	0.04%
VERA	C	0.13%	0.27%	0.13%
VNDA	C	0.05%	0.03%	0.03%
VRTX	D	0.57%	8.34%	0.57%
WVE	C	0.03%	0.18%	0.03%
YMAB	F	0.13%	0.05%	0.05%

VFMO Overweight 513 Positions Relative to IBBQ

Symbol	Grade	Weight
ANET	D	1.27%
C	B	1.21%
KKR	B	1.17%
META	C	1.15%
GE	D	1.14%
NFLX	A	1.12%
LLY	F	1.07%
T	A	1.02%
PGR	B	0.97%
KLAC	F	0.94%
TT	A	0.94%
COST	A	0.89%
BSX	A	0.89%
CMG	C	0.82%
RTX	D	0.79%
MMM	D	0.77%
DHI	D	0.77%
TDG	D	0.76%
CTAS	B	0.73%
TFC	B	0.73%
APH	B	0.72%
HCA	F	0.72%
BK	B	0.71%
NVDA	A	0.71%
CL	D	0.7%
ISRG	A	0.7%
AVGO	D	0.68%
WMT	A	0.66%
PLTR	B	0.66%
APP	B	0.66%
AXP	B	0.65%
MCK	A	0.63%
TMUS	B	0.57%
SFM	B	0.57%
SPOT	A	0.52%
AFL	C	0.49%
VRT	A	0.48%
EME	A	0.48%
WING	F	0.47%
NEM	D	0.46%
CVLT	A	0.4%
NTRA	A	0.4%
NTAP	C	0.39%
AWI	A	0.38%
ALSN	B	0.38%
DVA	C	0.38%
PNC	B	0.37%
MTB	A	0.37%
NU	C	0.37%
GDDY	A	0.37%
DELL	C	0.36%
HBAN	B	0.35%
GM	B	0.35%
FIX	A	0.35%
FITB	B	0.34%
SKYW	B	0.34%
BPOP	C	0.33%
DECK	A	0.33%
CVNA	B	0.33%
LMT	D	0.33%
GRMN	B	0.32%
WTW	B	0.32%
PSTG	F	0.32%
STC	B	0.31%
FBP	B	0.31%
MHK	D	0.31%
KBH	D	0.3%
HLT	A	0.3%
FANG	C	0.29%
AXS	A	0.28%
AROC	A	0.28%
MSI	A	0.27%
PM	A	0.27%
VITL	D	0.27%
ANF	F	0.27%
TJX	A	0.27%
RCL	A	0.27%
MPWR	F	0.26%
IESC	B	0.26%
POWL	C	0.26%
URI	B	0.26%
GD	D	0.26%
FRPT	B	0.26%
GKOS	A	0.26%
SN	D	0.25%
CNM	C	0.24%
CRS	A	0.24%
XPO	B	0.23%
FICO	A	0.23%
ORI	A	0.23%
WAB	B	0.23%
TPG	A	0.23%
DHT	D	0.22%
JXN	C	0.22%
ASPN	F	0.22%
CR	A	0.22%
LRN	A	0.22%
PPC	B	0.22%
COKE	C	0.22%
WSM	C	0.22%
THC	C	0.22%
EHC	B	0.22%
MSTR	B	0.22%
ALL	A	0.22%
CSWI	B	0.21%
TRGP	A	0.21%
IBM	C	0.21%
JLL	D	0.21%
OSCR	D	0.21%
REVG	B	0.2%
BKD	F	0.2%
PH	B	0.2%
LDOS	C	0.2%
UHS	D	0.2%
LPX	B	0.2%
RMD	C	0.2%
AGO	A	0.2%
AZZ	A	0.2%
HOOD	B	0.2%
LMB	A	0.2%
CRUS	F	0.2%
EVR	B	0.2%
CDE	C	0.2%
BRBR	A	0.2%
CRBG	B	0.2%
GWRE	A	0.2%
CFG	B	0.19%
SKX	F	0.19%
HIG	A	0.19%
AXON	A	0.19%
CSL	C	0.19%
PHM	D	0.19%
VCTR	B	0.19%
MUSA	B	0.19%
FTI	A	0.19%
TOL	B	0.19%
NPAB	F	0.19%
MO	A	0.18%
GFF	A	0.18%
RL	C	0.18%
KD	A	0.18%
SCCO	F	0.18%
BLBD	F	0.18%
VKTX	F	0.18%
GS	B	0.18%
LNTH	C	0.18%
COR	B	0.18%
HIMS	C	0.17%
TNK	F	0.17%
MCY	B	0.17%
RSI	A	0.17%
DKS	D	0.17%
AJG	A	0.17%
ARES	A	0.17%
PI	D	0.17%
MOG.A	B	0.17%
AVAV	C	0.17%
KEX	A	0.17%
GWW	B	0.17%
SFL	D	0.17%
COOP	B	0.17%
BFAM	F	0.17%
EVER	F	0.16%
ESAB	B	0.16%
SLM	A	0.16%
SNV	B	0.16%
PSN	D	0.16%
CRDO	C	0.16%
RKT	F	0.16%
ACGL	D	0.16%
SKWD	A	0.16%
BURL	B	0.16%
CLH	C	0.16%
WULF	C	0.16%
MLKN	F	0.16%
TPC	C	0.16%
APLT	B	0.16%
LBPH	A	0.16%
ENSG	D	0.15%
STRL	B	0.15%
JEF	A	0.15%
OWL	A	0.15%
UMBF	B	0.15%
CASH	B	0.15%
INSW	F	0.15%
WTFC	B	0.15%
TREE	F	0.15%
TNDM	D	0.15%
AMRX	C	0.15%
SGBX	F	0.15%
COHR	B	0.15%
CW	B	0.14%
ZETA	D	0.14%
INGR	B	0.14%
COMP	B	0.14%
ATGE	B	0.14%
HL	C	0.14%
ROAD	B	0.14%
SMR	B	0.13%
COIN	B	0.13%
HWKN	B	0.13%
LII	A	0.13%
AIT	B	0.13%
CDRE	F	0.13%
EXP	B	0.13%
IBKR	A	0.13%
MOD	B	0.13%
PNTG	D	0.13%
BLD	F	0.13%
LUMN	C	0.13%
AYI	B	0.13%
NHC	C	0.13%
IBP	D	0.13%
CPNG	D	0.13%
TTEK	F	0.13%
IMNM	F	0.12%
LNW	F	0.12%
AMSC	C	0.12%
RUN	F	0.12%
VIRT	A	0.12%
CASY	A	0.12%
GRBK	D	0.12%
PRIM	A	0.12%
ATI	C	0.12%
HRB	D	0.12%
PTVE	B	0.12%
CDNA	D	0.12%
UTI	B	0.12%
DTM	A	0.12%
GPOR	A	0.12%
NVR	D	0.12%
BV	C	0.12%
BGC	C	0.12%
NR	B	0.11%
BAC	A	0.11%
HCC	B	0.11%
RXST	F	0.11%
MATX	B	0.11%
PRMW	C	0.11%
AGX	B	0.11%
ETN	B	0.11%
TDS	B	0.11%
BFH	B	0.11%
HNI	A	0.11%
PRI	B	0.11%
LQDA	F	0.11%
IBCP	B	0.11%
HASI	F	0.11%
MTG	C	0.11%
TPB	A	0.11%
CPF	B	0.11%
TDW	F	0.11%
PRK	B	0.11%
CBSH	B	0.11%
NNBR	C	0.11%
CNK	A	0.11%
SCS	B	0.11%
ANNX	F	0.11%
LTH	D	0.1%
BAH	F	0.1%
GAP	D	0.1%
GBCI	B	0.1%
ITGR	B	0.1%
HCI	C	0.1%
LPG	F	0.1%
MLI	B	0.1%
WRB	A	0.1%
SOUN	C	0.1%
PHIN	A	0.1%
PRDO	B	0.1%
MAX	F	0.1%
ZIMV	F	0.1%
TMDX	F	0.1%
SEM	B	0.1%
SLVM	B	0.1%
ALHC	C	0.1%
CADL	F	0.1%
VERX	A	0.1%
UWMC	D	0.1%
PRCT	B	0.1%
TNC	F	0.1%
RVLV	A	0.1%
ACIC	B	0.1%
AMAL	B	0.1%
BKU	A	0.1%
TILE	A	0.1%
FCNCA	A	0.1%
AQST	D	0.1%
CBZ	B	0.09%
NEU	D	0.09%
FG	B	0.09%
OII	B	0.09%
SAVA	D	0.09%
WWD	B	0.09%
PLSE	C	0.09%
PWR	A	0.09%
GOGL	D	0.09%
SPNT	A	0.09%
PNR	B	0.09%
CRAI	B	0.09%
DOLE	D	0.09%
HY	D	0.09%
NPO	A	0.09%
GNK	C	0.09%
SHAK	C	0.09%
BELFB	D	0.09%
CNO	B	0.09%
STBA	B	0.09%
UVE	A	0.09%
GRND	A	0.09%
CALM	A	0.09%
BLX	B	0.08%
CENX	B	0.08%
HEI	A	0.08%
PFBC	B	0.08%
OFG	B	0.08%
MNMD	C	0.08%
KTB	B	0.08%
RYAN	B	0.08%
EGY	F	0.08%
CECO	B	0.08%
STNG	D	0.08%
NBTB	B	0.08%
NKTX	F	0.08%
AM	A	0.08%
QNST	B	0.08%
CMPR	F	0.08%
GEO	A	0.08%
RDNT	B	0.08%
CXW	C	0.08%
WSO	A	0.08%
PRM	C	0.08%
TK	C	0.08%
AORT	B	0.08%
OMF	A	0.08%
MTX	C	0.08%
IBOC	B	0.08%
OCGN	F	0.08%
ALKT	B	0.08%
PATK	C	0.08%
UFPT	C	0.07%
INOD	B	0.07%
RGA	B	0.07%
SXI	B	0.07%
AGYS	A	0.07%
RDN	D	0.07%
AOSL	D	0.07%
USAP	B	0.07%
HWM	A	0.07%
ALLY	C	0.07%
LAUR	A	0.07%
CHCO	B	0.07%
CNA	C	0.07%
ICFI	F	0.07%
GCI	D	0.07%
BRO	B	0.07%
AIZ	A	0.07%
STOK	D	0.07%
DORM	B	0.07%
CROX	F	0.07%
VRNS	D	0.06%
WAL	B	0.06%
USFD	A	0.06%
EWBC	A	0.06%
TYL	B	0.06%
KLG	D	0.06%
ANET	D	0.06%
NMRK	C	0.06%
HRTX	F	0.06%
TKO	A	0.06%
LRMR	D	0.06%
NVRI	D	0.06%
NUVB	C	0.06%
IP	A	0.06%
VSEC	B	0.06%
SFBS	B	0.06%
REX	D	0.06%
OSW	B	0.06%
ACVA	A	0.06%
CBOE	C	0.06%
TGTX	B	0.06%
ADUS	D	0.06%
DAKT	B	0.06%
ARLO	C	0.05%
FBK	B	0.05%
CRVL	A	0.05%
ACT	D	0.05%
NTNX	B	0.05%
WDFC	B	0.05%
FSS	B	0.05%
PBI	C	0.05%
CRMD	C	0.05%
IT	C	0.05%
AGM	B	0.05%
IFF	D	0.05%
LEN	D	0.05%
FNF	D	0.05%
NBHC	B	0.05%
SRCE	B	0.05%
STEP	B	0.05%
HRTG	C	0.05%
GMS	B	0.05%
SPB	C	0.05%
BAND	D	0.05%
DXPE	B	0.04%
SPOK	B	0.04%
HNST	A	0.04%
FN	C	0.04%
NSSC	F	0.04%
CYH	F	0.04%
IDT	B	0.04%
AX	B	0.04%
CNX	A	0.04%
TFIN	B	0.04%
ELEV	D	0.04%
OUST	C	0.04%
BALL	D	0.04%
CENT	C	0.04%
OSIS	A	0.04%
EU	D	0.04%
OLLI	D	0.04%
TPL	A	0.04%
TRMK	B	0.04%
UVSP	B	0.04%
APPF	C	0.04%
CAL	F	0.04%
KTOS	C	0.04%
FULT	B	0.04%
SHOO	D	0.04%
GABC	B	0.04%
RYAM	C	0.04%
CLSK	C	0.04%
NWSA	A	0.03%
MBWM	B	0.03%
AIG	D	0.03%
DJCO	B	0.03%
MBIN	F	0.03%
LOPE	B	0.03%
TRN	B	0.03%
GPI	B	0.03%
UBER	F	0.03%
QTWO	A	0.03%
EPAC	B	0.03%
SB	F	0.03%
MIR	A	0.03%
SAFT	B	0.03%
SCVL	F	0.03%
BLND	A	0.03%
WWW	A	0.03%
PFSI	D	0.03%
OC	A	0.03%
M	F	0.03%
REAX	D	0.03%
NMIH	C	0.03%
TOWN	B	0.03%
HOV	D	0.03%
EAT	A	0.03%
ACIW	B	0.03%
PRG	B	0.03%
CTS	C	0.03%
UHAL	D	0.03%
CMRE	B	0.03%
INO	F	0.03%
TGI	A	0.03%
LMAT	A	0.03%
IMMR	F	0.03%
DFIN	D	0.03%
PACK	B	0.03%
FCF	B	0.03%
ABSI	F	0.02%
GTES	A	0.02%
WMB	A	0.02%
BDTX	F	0.02%
DCO	B	0.02%
INGN	C	0.02%
ASC	D	0.02%
DDS	B	0.02%
HEAR	C	0.02%
BRCC	F	0.02%
BHE	B	0.02%
LBRT	F	0.02%
LFMD	C	0.02%
PFGC	B	0.02%
THR	B	0.02%
ATEX	F	0.02%
GBX	B	0.02%
SPNS	F	0.02%
HLX	B	0.02%
ITRI	B	0.02%
AA	A	0.02%
CACI	D	0.02%
JPM	B	0.02%
AIOT	A	0.02%
METC	C	0.02%
FOR	F	0.02%
FNKO	D	0.02%
MRSN	C	0.02%
PLMR	A	0.02%
KMPR	A	0.02%
HUBB	B	0.02%
MSA	D	0.02%
QCRH	B	0.02%
FHN	B	0.02%
CELC	F	0.02%
GOLF	B	0.02%
SCSC	B	0.02%
USLM	B	0.02%
ROST	D	0.02%
AAON	B	0.02%
PAR	A	0.02%
BJ	B	0.02%
EFSC	B	0.02%
APEI	B	0.0%

VFMO Underweight 133 Positions Relative to IBBQ

Symbol	Grade	Weight
GILD	B	-9.95%
AMGN	D	-7.56%
AZN	F	-3.97%
BIIB	F	-2.52%
ILMN	C	-2.32%
ARGX	A	-1.96%
VTRS	A	-1.65%
INCY	C	-1.58%
MRNA	F	-1.53%
SNY	F	-1.51%
BMRN	F	-1.3%
NBIX	C	-1.28%
RPRX	D	-1.24%
SRPT	F	-1.08%
BNTX	D	-1.05%
ITCI	B	-0.95%
BGNE	D	-0.91%
ROIV	D	-0.89%
JAZZ	B	-0.81%
ASND	F	-0.79%
CYTK	D	-0.64%
IONS	F	-0.54%
ALKS	C	-0.5%
AXSM	B	-0.48%
BBIO	F	-0.48%
RARE	F	-0.44%
CRSP	D	-0.43%
IMVT	F	-0.42%
GH	B	-0.39%
DNLI	D	-0.39%
LEGN	D	-0.34%
MRUS	F	-0.34%
APLS	F	-0.34%
XENE	D	-0.33%
PTCT	B	-0.32%
FOLD	F	-0.31%
VCYT	B	-0.3%
ACAD	C	-0.3%
KYMR	D	-0.29%
VRNA	A	-0.28%
IOVA	F	-0.27%
ARWR	D	-0.25%
MIRM	B	-0.23%
KROS	D	-0.23%
AMPH	F	-0.23%
LGND	C	-0.22%
AKRO	C	-0.21%
SUPN	B	-0.21%
BEAM	D	-0.21%
MNKD	B	-0.2%
HRMY	F	-0.2%
FTRE	D	-0.19%
NVCR	C	-0.19%
IRON	B	-0.19%
RXRX	D	-0.18%
TARS	C	-0.18%
ARVN	F	-0.17%
DVAX	C	-0.17%
BCRX	D	-0.16%
ZLAB	C	-0.15%
TVTX	C	-0.15%
MYGN	F	-0.15%
NTLA	F	-0.15%
XNCR	B	-0.15%
RCKT	F	-0.14%
SNDX	F	-0.14%
AUPH	C	-0.13%
ARDX	F	-0.13%
IMCR	C	-0.13%
VIR	F	-0.12%
CNTA	B	-0.12%
GRFS	C	-0.12%
COGT	D	-0.1%
BCYC	F	-0.09%
ETNB	D	-0.09%
GMAB	F	-0.09%
REPL	C	-0.08%
ADPT	C	-0.08%
PLRX	D	-0.08%
ERAS	C	-0.08%
PRTA	F	-0.08%
PCRX	C	-0.08%
ABCL	D	-0.08%
AUTL	F	-0.07%
MRVI	F	-0.07%
AVXL	B	-0.07%
IRWD	F	-0.07%
RLAY	F	-0.07%
HCM	C	-0.06%
OLMA	F	-0.06%
SANA	F	-0.06%
GLPG	F	-0.06%
CVAC	F	-0.06%
MLYS	F	-0.06%
ORIC	F	-0.06%
ARCT	F	-0.05%
XERS	C	-0.05%
PACB	D	-0.05%
RVNC	F	-0.05%
FDMT	F	-0.05%
OABI	D	-0.05%
TBPH	B	-0.05%
URGN	F	-0.05%
ALLO	F	-0.05%
RGNX	D	-0.05%
EYPT	D	-0.05%
MGTX	C	-0.05%
THRD	D	-0.05%
ALEC	F	-0.04%
PRME	F	-0.04%
VERV	D	-0.04%
PGEN	F	-0.03%
BMEA	F	-0.03%
ZNTL	D	-0.03%
ATAI	B	-0.03%
LYEL	F	-0.03%
QURE	D	-0.03%
VYGR	F	-0.03%
SAGE	F	-0.03%
ACIU	D	-0.03%
ACRS	B	-0.02%
CABA	F	-0.02%
CRBU	D	-0.02%
FULC	F	-0.02%
AMRN	F	-0.02%
EDIT	F	-0.02%
MGNX	D	-0.02%
BLUE	F	-0.01%
ALXO	F	-0.01%
OVID	D	-0.01%
CHRS	D	-0.01%
VTYX	F	-0.01%
RAPT	F	-0.0%