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Sunday, August 23, 2026The Morning Brief →Sign in

Vanguard U.S. Multifactor ETF

$186.77+0.93% today
13918752-WK

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 relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of its assets will be invested in securities issued by U.S. companies.

Price & daily flows
177.1163.4149.7186.77DAILY NET FLOWAug 25Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +23.0% so far this year. At 0.18% a year it is not the cheapest way in — IEFA runs the same ground at 0.07%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$281Massets under management
0.18%expense ratio · $18 per $10,000 a year
net flow, trailing month
49Kavg daily volume, 30 days
514holdings · US-domiciled
2018listed February 12, 2018 · beta 0.73
The book at a glance
NEM+3.1%MU-0.8%VLO+2.2%EOG+0.6%COP-0.0%TRV-0.2%BMY+2.4%DELL+1.7%MO-1.3%JNJ+1.1%MPC+0.7%AMGN+1.3%CVS-0.7%ABBV+1.2%MRK+2.4%XOM-0.6%GILD+1.9%FDX-0.3%BNY+0.8%PEP+1.0%ROST+4.4%GM+2.1%WDC-2.0%UNH+1.4%ACN+2.2%QCOM+0.0%REGN+0.9%HCA+5.6%MCK+2.4%WFC+0.2%CMI-0.9%CL+1.5%ADBE+1.1%SCCO+8.7%FTNT+1.8%LRCX+1.1%CSCO+1.3%FCX+7.6%ALL-0.3%BAC-0.3%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1NEMNEWMONT1.06%$131.58+3.1%
2MUMICRON TECHNOLOGY1.07%$966.78-0.8%
3VLOVALERO ENERGY0.97%$348.86+2.2%
4EOGEOG RESOURCES0.98%$153.05+0.6%
5COPCONOCOPHILLIPS0.95%$134.87-0.0%
6TRVTRAVELERS COMPANIES0.89%$363.58-0.2%
7BMYBRISTOL MYERS SQUIBB0.85%$67.01+2.4%
8DELLDELL TECHNOLOGIES0.85%$442.08+1.7%
9MOALTRIA 0.86%$66.09-1.3%
10JNJJOHNSON & JOHNSON0.84%$270.24+1.1%
11MPCMARATHON PETROLEUM0.82%$360.72+0.7%
12AMGNAMGEN0.80%$439.33+1.3%
13CVSCVS 0.80%$93.02-0.7%
14ABBVABBVIE0.77%$264.96+1.2%
15MRKMERCK & CO0.75%$152.55+2.4%

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Sector weights
Financial Services25.61%
Finance19.77%
Consumer Cyclical15.9%
Industrials13.54%
Energy11.79%
Technology10.86%
Producer Manufacturing9.96%
Energy Minerals9.41%
Technology Services8.21%
Retail Trade7.97%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States99.67%
Bermuda1.84%
Canada0.62%
Ireland0.4%
United Kingdom0.29%
Other0.25%
Monaco0.19%
Cash0.17%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.1%
1 month+3.5%
3 months+9.4%
6 months+14.9%
YTD+23.0%
1 year+31.5%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
10%realized volatility, 30 days (annualized)
13%realized volatility, 1 year
-7.1%deepest fall from a peak, 1 year
-0.4%where it sits vs. that peak today

The top holding is 1.1% of the book; the top ten carry 9%. Spread across 250+ names, it behaves like roughly 166 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
51Kshares traded
Most-traded holdings, options premiumBullishBearish
MU MICRON TECHNOLOGY$562M$679M
AAPL APPLE$127M$146M
GOOGL ALPHABET$65M$62M
JNJ JOHNSON & JOHNSON$59M$51M
GOOG ALPHABET$53M$52M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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