Targeting the liquidity factor

April 20, 2018


Vanguard U.S. Liquidity Factor ETF (VFLQ) is the first of its kind: No other ETF or mutual fund explicitly targets the liquidity factor. But how does VFLQ work?

Frank Chism, a senior product manager in Vanguard Portfolio Review Department, and Antonio Picca, head of factor-based strategies in Vanguard Quantitative Equity Group, discuss VFLQ's approach to targeting liquidity in a 3-minute video.

Watch the factor webcast replay

For more insights and details on factors and our new factor products, watch the full webcast replay or visit The Factor Center.


  • All investing is subject to risk, including the possible loss of the money you invest.


Our insights straight
to your inbox

Our insights straight to your inbox

Receive our latest Advisor's Digest
and commentary sent the
first business
morning every week.

A weekly digest of our latest research and commentary. Topics include the economy and markets, portfolio strategy, ETFs, and practice management.

Fund openings/closings, fund manager changes, dividend distributions, webinars, and other events you might want to know about.

Already registered? Log on to
manage your
email subscriptions.