VFMO vs VTEI

Comparison between VANGUARD U.S. MOMENTUM FACTOR ETF ETF SHARES (VFMO, ETF) and VANGUARD INTERMEDIATE-TERM TAX-EXEMPT BOND ETF ETF SHARES (VTEI, ETF).

VFMO vs VTEI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VFMO(ETF)	VTEI(ETF)
Net Assets	$1.30B	$1.30B
Expense Ratio	0.13%	0.08%
Max Drawdown	36.92%	4.79%
Sharpe Ratio	1.81	0.92
5Y Beta	1.23	0.02
P/E Ratio	116.07	N/A
Forward P/E	17.77	N/A
5Y Dividends CAGR	30.06%	N/A
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

VTEI

$1.30B

Expense Ratio

VFMO

0.13%

Winner

VTEI

0.08%

Max Drawdown

VFMO

36.92%

Winner

VTEI

4.79%

Sharpe Ratio

Winner

VFMO

1.81

VTEI

0.92

5Y Beta

VFMO

1.23

Winner

VTEI

0.02

P/E Ratio

VFMO

116.07

VTEI

N/A

Forward P/E

VFMO

17.77

VTEI

N/A

5Y Dividends CAGR

VFMO

30.06%

VTEI

N/A

5Y EPS CAGR

VFMO

15.98%

VTEI

N/A

P/S Ratio

VFMO

1.93

VTEI

N/A

P/B Ratio

VFMO

4.55

VTEI

N/A

VFMO vs VTEI - Historical Returns

Returns include dividend reinvestment.

Period	VFMO	VTEI
1 month	+9.20%	+0.39%
3 months	+9.97%	-0.54%
6 months	+21.09%	+1.40%
1 year	+46.88%	+6.00%
5 years(CAGR)	+13.44%	N/A
10 years(CAGR)	+15.19%	N/A
Max(CAGR)	+15.19%	+3.05%

Winner

VFMO

+9.20%

VTEI

+0.39%

Winner

VFMO

+9.97%

VTEI

-0.54%

Winner

VFMO

+21.09%

VTEI

+1.40%

Winner

VFMO

+46.88%

VTEI

+6.00%

5Y(CAGR)

VFMO

+13.44%

VTEI

N/A

10Y(CAGR)

VFMO

+15.19%

VTEI

N/A

Max(CAGR)

Winner

VFMO

+15.19%

VTEI

+3.05%

VFMO vs VTEI - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	VFMO	VTEI
2026	+17.84%	+0.75%
2025	+16.84%	+4.48%
2024	+28.26%	+1.55%
2023	+18.26%	N/A
2022	-13.05%	N/A
2021	+20.50%	N/A
2020	+30.80%	N/A
2019	+28.45%	N/A
2018	-11.41%	N/A

VFMO vs VTEI Drawdown Comparison

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

The maximum drawdown for VTEI was -3.64%, occurring on Apr 10, 2025. Recovery took 128 trading sessions.

The current VFMO drawdown is -1.22%. The current VTEI drawdown is -1.16%.

Rank	VFMO	VTEI
#1	-36.77% Feb 19, 2020 - Jul 30, 2020	-3.64% Mar 3, 2025 - Sep 4, 2025
#2	-27.21% Sep 4, 2018 - Dec 20, 2019	-2.61% Feb 27, 2026 - Mar 26, 2026
#3	-25.79% Nov 8, 2021 - Feb 2, 2024	-2.06% Feb 1, 2024 - Jul 12, 2024
#4	-24.40% Nov 26, 2024 - Aug 12, 2025	-1.87% Oct 2, 2024 - Dec 4, 2024
#5	-12.18% Jul 16, 2024 - Sep 19, 2024	-1.80% Dec 4, 2024 - Feb 25, 2025
#6	-11.06% Feb 12, 2021 - Aug 11, 2021	-0.69% Aug 5, 2024 - Aug 23, 2024
#7	-10.98% Oct 15, 2025 - Dec 11, 2025	-0.36% Nov 11, 2025 - Nov 28, 2025
#8	-10.55% Feb 26, 2026 - Apr 9, 2026	-0.35% Sep 23, 2025 - Oct 10, 2025
#9	-9.98% Oct 13, 2020 - Nov 23, 2020	-0.26% Aug 23, 2024 - Sep 5, 2024
#10	-8.89% Sep 2, 2020 - Oct 5, 2020	-0.21% Nov 28, 2025 - Dec 22, 2025
#11	-8.29% Mar 21, 2024 - May 15, 2024	-0.20% Jan 15, 2026 - Jan 27, 2026
#12	-8.02% Mar 12, 2018 - May 16, 2018	-0.19% Jul 12, 2024 - Jul 30, 2024
#13	-6.16% Jan 22, 2026 - Feb 25, 2026	-0.18% Oct 22, 2025 - Nov 11, 2025
#14	-5.93% Dec 11, 2025 - Jan 6, 2026	-0.14% Sep 17, 2024 - Sep 27, 2024
#15	-5.83% Aug 12, 2021 - Aug 27, 2021	-0.12% Feb 26, 2025 - Feb 28, 2025