VFMO vs ASA

Comparison between VANGUARD U.S. MOMENTUM FACTOR ETF ETF SHARES (VFMO, ETF) and ASA Gold and Precious Metals Ltd (ASA, ETF).

5-Year PerformanceASA has outperformed VFMO, delivering a return of +25.0% compared to +13.4%

VFMO vs ASA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VFMO(ETF)	ASA(ETF)
Net Assets	$1.30B	$1.40B
Expense Ratio	0.13%	N/A
Max Drawdown	36.92%	81.29%
Sharpe Ratio	1.81	1.92
5Y Beta	1.23	0.65
P/E Ratio	116.07	N/A
Forward P/E	17.77	N/A
5Y Dividends CAGR	30.06%	37.97%
5Y EPS CAGR	15.98%	N/A
P/S Ratio	1.93	N/A
P/B Ratio	4.55	N/A

Net Assets

VFMO

$1.30B

Winner

ASA

$1.40B

Expense Ratio

VFMO

0.13%

ASA

N/A

Max Drawdown

Winner

VFMO

36.92%

ASA

81.29%

Sharpe Ratio

VFMO

1.81

Winner

ASA

1.92

5Y Beta

VFMO

1.23

Winner

ASA

0.65

P/E Ratio

VFMO

116.07

ASA

N/A

Forward P/E

VFMO

17.77

ASA

N/A

5Y Dividends CAGR

VFMO

30.06%

Winner

ASA

37.97%

5Y EPS CAGR

VFMO

15.98%

ASA

N/A

P/S Ratio

VFMO

1.93

ASA

N/A

P/B Ratio

VFMO

4.55

ASA

N/A

VFMO vs ASA - Historical Returns

Returns include dividend reinvestment.

Period	VFMO	ASA
1 month	+9.20%	+6.31%
3 months	+9.97%	-1.90%
6 months	+21.09%	+50.77%
1 year	+46.88%	+130.76%
5 years(CAGR)	+13.44%	+25.02%
10 years(CAGR)	+15.19%	+19.10%
Max(CAGR)	+15.19%	+10.70%

Winner

VFMO

+9.20%

ASA

+6.31%

Winner

VFMO

+9.97%

ASA

-1.90%

VFMO

+21.09%

Winner

ASA

+50.77%

VFMO

+46.88%

Winner

ASA

+130.76%

5Y(CAGR)

VFMO

+13.44%

Winner

ASA

+25.02%

10Y(CAGR)

VFMO

+15.19%

Winner

ASA

+19.10%

Max(CAGR)

Winner

VFMO

+15.19%

ASA

+10.70%

VFMO vs ASA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VFMO	ASA
2026	+17.84%	+18.74%
2025	+16.84%	+185.28%
2024	+28.26%	+33.84%
2023	+18.26%	+2.44%
2022	-13.05%	-31.22%
2021	+20.50%	-8.86%
2020	+30.80%	+59.82%
2019	+28.45%	+44.51%
2018	-11.41%	-17.92%
2017	N/A	-0.27%
2016	N/A	+52.33%
2015	N/A	-30.87%
2014	N/A	-18.39%
2013	N/A	-44.28%
2012	N/A	-18.82%
2011	N/A	-22.09%
2010	N/A	+32.28%
2009	N/A	+57.63%
2008	N/A	-31.94%
2007	N/A	+22.37%
2006	N/A	+10.44%
2005	N/A	+44.00%
2004	N/A	-9.96%
2003	N/A	+13.32%
2002	N/A	+111.50%
2001	N/A	+31.88%
2000	N/A	-18.67%
1999	N/A	-2.87%

VFMO vs ASA Drawdown Comparison

The maximum drawdown for VFMO was -36.77%, occurring on Mar 23, 2020. Recovery took 113 trading sessions.

The maximum drawdown for ASA was -80.31%, occurring on Jan 19, 2016. Recovery took 3643 trading sessions.

The current VFMO drawdown is -1.22%. The current ASA drawdown is -14.92%.

Rank	VFMO	ASA
#1	-36.77% Feb 19, 2020 - Jul 30, 2020	-80.31% Dec 6, 2010 - Jun 2, 2025
#2	-27.21% Sep 4, 2018 - Dec 20, 2019	-65.13% Mar 14, 2008 - Sep 14, 2010
#3	-25.79% Nov 8, 2021 - Feb 2, 2024	-35.70% Jun 3, 2002 - Dec 13, 2002
#4	-24.40% Nov 26, 2024 - Aug 12, 2025	-32.51% Feb 27, 2026 - Mar 20, 2026
#5	-12.18% Jul 16, 2024 - Sep 19, 2024	-31.72% Nov 10, 1999 - May 16, 2001
#6	-11.06% Feb 12, 2021 - Aug 11, 2021	-28.66% Dec 2, 2003 - Sep 29, 2005
#7	-10.98% Oct 15, 2025 - Dec 11, 2025	-27.87% May 9, 2006 - Sep 25, 2007
#8	-10.55% Feb 26, 2026 - Apr 9, 2026	-23.62% Jan 3, 2003 - Aug 11, 2003
#9	-9.98% Oct 13, 2020 - Nov 23, 2020	-23.37% May 18, 2001 - Jan 16, 2002
#10	-8.89% Sep 2, 2020 - Oct 5, 2020	-17.89% Feb 2, 2006 - Apr 19, 2006
#11	-8.29% Mar 21, 2024 - May 15, 2024	-17.24% Oct 16, 2025 - Dec 1, 2025
#12	-8.02% Mar 12, 2018 - May 16, 2018	-17.12% Jan 28, 2026 - Feb 24, 2026
#13	-6.16% Jan 22, 2026 - Feb 25, 2026	-15.06% Nov 6, 2007 - Jan 3, 2008
#14	-5.93% Dec 11, 2025 - Jan 6, 2026	-11.68% Feb 8, 2002 - Mar 22, 2002
#15	-5.83% Aug 12, 2021 - Aug 27, 2021	-11.43% Jun 5, 2025 - Aug 7, 2025

Correlation

Correlation between VFMO and ASA is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2000 - 2026)

VFMO vs ASA dividend yield comparison.

Year	VFMO	ASA
2026	0.10%	0.06%
2025	0.82%	0.10%
2024	0.72%	0.20%
2023	0.89%	0.13%
2022	1.72%	0.14%
2021	0.81%	0.09%
2020	0.45%	0.09%
2019	1.22%	0.15%
2018	0.70%	0.32%
2017	0.00%	0.35%
2016	0.00%	0.36%
2015	0.00%	0.56%
2014	0.00%	0.40%
2013	0.00%	1.47%
2012	0.00%	1.76%
2011	0.00%	1.37%
2010	0.00%	0.98%
2009	0.00%	1.81%
2008	0.00%	3.92%
2007	0.00%	3.06%
2006	0.00%	1.39%
2005	0.00%	1.64%
2004	0.00%	1.36%
2003	0.00%	1.76%
2002	0.00%	1.95%
2001	0.00%	4.00%
2000	0.00%	1.96%