VAMOCambria Value and Momentum ETF
VAMO Fund Description
VAMO is an actively-managed portfolio of large-, mid and small-cap US stocks selected by long-term value factors and midterm momentum factors. The managers have discretion to hedge up to 100% of the portfolio.
VAMO Factset Analytics Insight
VAMO, launched in September 2015, offers value- and momentum-based exposure to US equities with an active equity hedge overlay. The fund managers take the long view on value, looking back 5 to 10 years at earnings, dividends, cash flow and the like, and adjusting for inflation. Details are sparse on the momentum screens beyond characterizations as absolute and relative, and a 1-year time frame. At the least, the momentum screens should weed out stocks with tanking prices that might otherwise look appealing in value screens. The equity hedge can be reset weekly, with broad bounds from 0% to 100%, aiming to take chips off the table when nothing looks cheap or markets are down. The fund typically holds 100 securities selected based on averaged value and momentum scores and updates its portfolio quarterly. In all, VAMO’s equity hedge and its CAPE approach to value set it apart from most multi-factor index-based peer ETFs.
VAMO MSCI ESG Analytics Insight
Cambria Value and Momentum ETF has an MSCI ESG Fund Rating of A based on a score of 6.07 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Cambria Value and Momentum ETF ranks in the 43th percentile within its peer group and in the 65th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
VAMO MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
VAMO Summary Data
VAMO Portfolio Data
VAMO Index Data
VAMO Portfolio Management
VAMO Tax Exposures
VAMO Fund Structure
VAMO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of VAMO. VAMO is rated a 4 out of 5.
VAMO Sector/Industry Breakdown
VAMO Economic Development
VAMO Performance Statistics
VAMO MSCI ESG Ratings
VAMO Benchmark Comparison Summary
VAMO Benchmark Comparison Market Cap Size