Verified factor-set theme

Size + Momentum ETFs

These US-listed equity ETFs appear in qualifying close-risk pairs that share verified FF6 US exposure to the factors shown below. Individual funds can have additional material factor exposures. How similarity is measured.

SMB UMD

10 funds · 8 qualifying comparison pairs

Funds in Qualifying Pairs

VFMO
Vanguard U.S. Momentum Factor ETF
Rel. Sharpe 1.319 · Adj. R2 0.954 · MER 0.13%
similar cluster
1.319
VIOG
Vanguard S&P Small-Cap 600 Growth ETF
Rel. Sharpe 1.183 · Adj. R2 0.951 · MER 0.10%
similar cluster
1.183
FYC
First Trust Small Cap Growth AlphaDEX Fund
Rel. Sharpe 1.140 · Adj. R2 0.953 · MER 0.70%
similar cluster
1.140
QVMS
Invesco S&P SmallCap 600 QVM Multi-factor ETF
Rel. Sharpe 1.096 · Adj. R2 0.967 · MER 0.15%
similar cluster
1.096
USVM
VictoryShares US Small Mid Cap Value Momentum ETF
Rel. Sharpe 1.039 · Adj. R2 0.961 · MER 0.29%
similar cluster
1.039
FFSM
Fidelity Fundamental Small-Mid Cap ETF
Rel. Sharpe 1.030 · Adj. R2 0.908 · MER 0.43%
similar cluster
1.030
FAD
First Trust Multi Cap Growth AlphaDEX Fund
Rel. Sharpe 0.963 · Adj. R2 0.932 · MER 0.63%
similar cluster
0.963
FSMD
Fidelity Small-Mid Multifactor ETF
Rel. Sharpe 0.887 · Adj. R2 0.949 · MER 0.15%
similar cluster
0.887
FNY
First Trust Mid Cap Growth AlphaDEX Fund
Rel. Sharpe 0.882 · Adj. R2 0.920 · MER 0.73%
similar cluster
0.882
JSMD
Janus Henderson Small/Mid Cap Growth Alpha ETF
Rel. Sharpe 0.771 · Adj. R2 0.911 · MER 0.30%
similar cluster
0.771

Top Pair Comparisons

QVMS
VIOG
Modeled factor tracking error 1.56%/yr · longer factor history 1.78%/yr · Factor-similar
QVMS VIOG
88
FFSM
FSMD
Modeled factor tracking error 2.12%/yr · longer factor history 2.25%/yr · Factor-similar
FFSM FSMD
85
FYC
JSMD
Modeled factor tracking error 2.37%/yr · longer factor history 2.43%/yr · Factor-similar
FYC JSMD
84
FAD
VFMO
Modeled factor tracking error 2.45%/yr · longer factor history 2.38%/yr · Factor-similar
FAD VFMO
84
FAD
FNY
Modeled factor tracking error 2.48%/yr · longer factor history 2.65%/yr · Factor-similar
FAD FNY
82
FNY
JSMD
Modeled factor tracking error 2.38%/yr · longer factor history 2.76%/yr · Factor-similar
FNY JSMD
82
FFSM
USVM
Modeled factor tracking error 2.94%/yr · longer factor history 2.58%/yr · Factor-similar
FFSM USVM
80
FSMD
USVM
Modeled factor tracking error 2.77%/yr · longer factor history 2.98%/yr · Factor-similar
FSMD USVM
80
US ETF Leaders US Universe Similarity methodology
Important context

VerifiedBeta publishes educational ETF research, not personalized investment advice, portfolio management, or security recommendations. Funds that screen well here can still be unsuitable for your objectives, taxes, liquidity needs, or constraints. Review fund documents, methodology assumptions, and your own circumstances before acting. See the full disclaimer.