FLQM vs VFMO: Differences, Returns & Fees

FLQM and VFMO hold 7% of their weight in the same names, and VFMO returned +13.2% over the year. Net assets: $1.5bn on Oct 20, 2026 for Franklin U.S. Mid Cap Multifactor Index ETF, and $1.9bn on Sep 30, 2026 for Vanguard U.S. Momentum Factor ETF.

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Answers cite the figures on this page.

VFMO costs 0.17 points a year less; their one-year returns differ by 2.9 points.

FLQM vs VFMO: Differences, Returns & Fees
FLQMVFMO
Expense ratio0.30%0.13%
Net assets, FLQM as of Oct 20, 2026 and VFMO as of Sep 30, 2026$1.5bn$1.9bn
Total return, 1 year+10.3%+13.2%
What it tracksnot read by ETFIQNo index, actively managed
Holdings in common7%
Top ten holdings, share of the fund11.3%9.5%
Below its high11.5%, high on Jun 30, 2026

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+10.3%
FLQM total return, 1 year
+13.2%
VFMO total return, 1 year
0.30%
FLQM expense ratio
0.13%
VFMO expense ratio

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Client brief · page 1 of 2Report BR-1053E7EC13

FLQM and VFMO are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. FLQM follows not read by ETFIQ and VFMO follows No index, actively managed.
  2. Holdings in common. 7% of the weight is in the same securities (holdings dated Jun 30, 2026 and May 31, 2026).
  3. One-year total return. Over 1 year to Oct 20, 2026 FLQM returned +10.3% and VFMO +13.2% with distributions reinvested, a gap of 2.9 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, FLQM and VFMO hold 7% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

half

7% in common

Positions both hold, largest shared weight first
Holding FLQM VFMO
CH ROBINSON WORLDWIDE INC 0.88% 0.36%
MILLICOM INTERNATIONAL CELLULAR SA 0.31% 0.41%
TAPESTRY INC 0.99% 0.28%
CENCORA INC 1.04% 0.26%
APA CORP 0.46% 0.23%
UNITED THERAPEUTICS CORP 0.88% 0.23%
TERADYNE INC 1.20% 0.22%
TARGA RESOURCES CORP 0.91% 0.21%
OVINTIV INC 0.52% 0.21%
DT MIDSTREAM INC 0.52% 0.20%
PERMIAN RESOURCES CORP 0.39% 0.20%
EBAY INC 1.01% 0.20%
Only in FLQM
UNITED AIRLINES HOLDINGS INC 1.17%
CINCINNATI FINANCIAL CORP 1.16%
ALLSTATE CORP (THE) 1.13%
WILLIAMS SONOMA INC 1.13%
KENVUE INC 1.09%
SYSCO CORP 1.09%
W.W. GRAINGER INC 1.08%
ARCH CAPITAL GROUP LTD 1.07%
Only in VFMO
Micron Technology Inc 1.36%
Intel Corp 1.25%
Advanced Micro Devices Inc 1.12%
Western Digital Corp 0.89%
Alphabet Inc 0.87%
KLA Corp 0.86%
Applied Materials Inc 0.82%
Lam Research Corp 0.82%

Check overlap with more funds →

On the same fields

FLQM
Franklin U.S. Mid Cap Multifactor Index ETF
VFMO
Vanguard U.S. Momentum Factor ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Actively managed
Total return, 1 year +10.3% +13.2%
Its benchmark over the same days not measured +15.0% (IWV)
Gap to its benchmark not measured −1.9 pts vs IWV
Expense ratio 0.30% 0.13%
Already in the S&P 500 68.2% 43.4%
Holdings 205 704
Net assets, FLQM as of Oct 20, 2026 and VFMO as of Sep 30, 2026 $1.5bn $1.9bn

FLQM and VFMO on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FLQM

FLQM tracks an index. Over the year to Oct 20, 2026 it returned +10.3% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 68% of the fund by weight is stocks the S&P 500 also holds, across 205 positions, with the top ten at 11.3%.

About VFMO

VFMO is actively managed and tracks no index. The prospectus expense ratio is 0.13% a year. By its holdings filed for May 31, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 704 positions, with the top ten at 9.5%. It sat 11.5% below its high of Jun 30, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +13.2% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.

Questions people ask

Which returned more over the last year, FLQM or VFMO?
In the year to Oct 20, 2026, with distributions reinvested, FLQM returned +10.3% and VFMO +13.2%.
Which is cheaper, FLQM or VFMO?
VFMO is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FLQM and VFMO overlap with the S&P 500?
By their latest filed holdings, 68% of FLQM and 43% of VFMO by weight is stocks the S&P 500 already holds.
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ETFIQ, FLQM against VFMO, data as of Oct 20, 2026. https://etfiq.com/compare/any/flqm-vs-vfmo

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Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.