Key stats
About Cambria Value and Momentum ETF
Expense ratio
0.65%
Home page
Inception date
Sep 8, 2015
VAMO, launched in September 2015, offers value- and momentum-based exposure to US equities with an active equity hedge overlay. The fund managers take the long view on value, looking back 5 to 10 years at earnings, dividends, cash flow and the like, and adjusting for inflation. Details are sparse on the momentum screens beyond characterizations as absolute and relative, and a 1-year time frame. At the least, the momentum screens should weed out stocks with tanking prices that might otherwise look appealing in value screens. The equity hedge can be reset weekly, with broad bounds from 0% to 100%, aiming to take chips off the table when nothing looks cheap or markets are down. The fund typically holds 100 securities selected based on averaged value and momentum scores and updates its portfolio quarterly. In all, VAMO`s equity hedge and its CAPE approach to value set it apart from most multi-factor index-based peer ETFs.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Durables
Mutual fund
Stocks84.05%
Finance21.43%
Consumer Durables10.46%
Consumer Services6.36%
Producer Manufacturing5.62%
Industrial Services4.78%
Distribution Services4.57%
Utilities3.57%
Process Industries3.45%
Non-Energy Minerals3.17%
Energy Minerals2.75%
Retail Trade2.59%
Health Technology2.37%
Commercial Services2.35%
Electronic Technology2.29%
Health Services2.03%
Technology Services1.83%
Communications1.82%
Transportation1.81%
Consumer Non-Durables0.80%
Bonds, Cash & Other15.95%
Mutual fund11.29%
Cash4.48%
Miscellaneous0.18%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history