VFMFX Performance — Vanguard U.s. Multifactor Fund, Admiral Shares
Data updated: 2026-07-29
VFMFX returned +13.80% year to date and +31.28% over one year to May 2026. Annualised returns are +23.24% over 3 years and +12.62% over 5 years. The fund beat its US Multi-Cap Blend category average: $100 invested three years ago grew to $187, against $147 for the category, and to $131 over one year, against $119. Volatility over the past three years was 15.37% a year. In the 12 months to May 2026 the fund took in a net $47.3M, and assets reached $276.77M.
VFMFX Growth of $100
What $100 invested in Vanguard U.s. Multifactor Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | VFMFX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $131 | $119 |
| 3 years (Jun 2023 – May 2026) | $187 | $147 |
| 5 years (Jun 2021 – May 2026) | $181 | $136 |
| Since data start (Sep 2019 – May 2026) | $258 | $173 |
VFMFX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +13.80% |
| 1 year | +31.28% |
| 3 years (annualised) | +23.24% |
| 5 years (annualised) | +12.62% |
VFMFX Annual Returns
Calendar-year total returns of Vanguard U.s. Multifactor Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +13.80% |
| 2025 | +15.06% |
| 2024 | +17.20% |
| 2023 | +17.91% |
| 2022 | −5.78% |
| 2021 | +30.77% |
| 2020 | +3.61% |
| 2019 (Sep–Dec) | +11.62% |
VFMFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.8% | +2.7% | −4.1% | +8.3% | +1.9% | — | — | — | — | — | — | — |
| 2025 | +4.4% | −2.2% | −5.4% | −2.4% | +5.8% | +3.7% | −0.5% | +5.6% | +1.4% | −0.8% | +3.3% | +1.9% |
| 2024 | +0.3% | +5.4% | +5.5% | −5.2% | +4.6% | −1.3% | +6.7% | −0.2% | +0.5% | −0.7% | +8.4% | −6.9% |
| 2023 | +5.7% | −2.0% | −3.1% | −0.8% | −2.9% | +9.7% | +4.9% | −1.5% | −3.1% | −4.3% | +7.5% | +7.9% |
| 2022 | −4.3% | +0.5% | +1.4% | −5.6% | +3.4% | −10.4% | +8.6% | −1.7% | −8.0% | +13.9% | +4.7% | −5.6% |
| 2021 | +2.7% | +6.6% | +5.9% | +3.1% | +2.9% | −1.2% | −0.5% | +2.7% | −2.9% | +5.5% | −1.8% | +4.6% |
| 2020 | −3.6% | −10.3% | −19.8% | +12.4% | +5.3% | +1.9% | +4.7% | +4.1% | −3.5% | −0.1% | +11.9% | +5.1% |
| 2019 | — | — | — | — | — | — | — | — | +3.1% | +2.0% | +3.7% | +2.5% |
VFMFX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 15.37%
- 3-year Sharpe ratio: 1.22 (vs 4.5% risk-free rate)
- Best month: +9.74% (Jun 2023)
- Worst month: −6.86% (Dec 2024)
VFMFX Fund Flows
Monthly money in and out of Vanguard U.s. Multifactor Fund, from SEC Form N-PORT.
- 12-month net flow: $47.3M
- 12-month gross sales (incl. reinvestments): $108.5M
- Sales ÷ redemptions: 1.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $10.3M | $4.8M | $5.4M |
| Apr 2026 | $12.5M | $4.8M | $7.7M |
| Mar 2026 | $6.2M | $4.9M | $1.3M |
| Feb 2026 | $11.1M | $3.5M | $7.7M |
| Jan 2026 | $31.2M | $5.4M | $25.8M |
| Dec 2025 | $11.1M | $5.8M | $5.3M |
| Nov 2025 | $6.3M | $4.8M | $1.5M |
| Oct 2025 | $3.0M | $5.2M | −$2.2M |
| Sep 2025 | $2.8M | $3.3M | −$439K |
| Aug 2025 | $1.5M | $6.8M | −$5.2M |
| Jul 2025 | $9.1M | $6.4M | $2.7M |
| Jun 2025 | $3.3M | $5.6M | −$2.3M |
VFMFX Assets Under Management
Net assets of Vanguard U.s. Multifactor Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $276.77M |
| 2026-02-28 | $248.31M |
| 2025-11-30 | $194.00M |
| 2025-08-31 | $188.53M |
| 2025-05-31 | $178.42M |
| 2025-02-28 | $183.39M |
| 2024-11-30 | $169.03M |
| 2024-08-31 | $144.08M |
| 2024-05-31 | $118.75M |
| 2024-02-29 | $95.27M |
| 2023-11-30 | $76.74M |
| 2023-08-31 | $74.17M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.