Core Insights - The Vanguard U.S. Multifactor ETF Shares (BATS: VFMF) is an actively managed ETF that utilizes a rules-based quantitative model to invest in U.S. stocks [1] Group 1 - The ETF aims to identify value in North American public equities and ETFs, reflecting a trend where asset managers offer similar products [1] - The article highlights the importance of narrowing down better ETF options for investors, indicating a competitive landscape in the ETF market [1] Group 2 - The author, Nikola, has over three years of experience in finance and consulting, focusing on corporate credit risk analysis and venture capital in the med-tech sector [1] - The article does not provide any specific investment recommendations or advice, emphasizing that the opinions expressed are solely those of the author [2][3]