IVAL

ValueShares International Quantitative Value ETF
CLOSING PRICECHANGE (%)VOLUME
$31.56-0.22 (-0.68%)5.83K
4:00:00 p.m. (ET) 09/21/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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N/A

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

IVAL Fund Description

The ValueShares International Quantitative Value ETF tracks an equal-weighted index of developed-market ex-US value stocks, with screens for forensic accounting and earnings quality.

IVAL FactSet Analytics Insight

IVAL whittles down the developed ex-US equity market to a relative handful of stocks that meet its stringent screens. The fund uses a single metric—EV/EBIT—to select the cheapest 10% of its universe, with additional screens for competitive advantage and financial strength, assessed using a number of financial-statement-derived metrics. Additionally, the fund uses a proprietary forensic accounting model to screen out companies that may be attempting to disguise low-quality cash flows. The few dozen holdings that emerge from this process are weighted equally. IVAL launched as an actively managed fund but began tracking a new homegrown index in January 2017, a change which did not significantly alter the fund’s strategy or holdings. Also unchanged is IVAL’s fee, which may be hard to justify for an index-tracking fund, and which is significantly more expensive than competitors. Lukewarm trading further increases round-trip costs for IVAL.

IVAL MSCI ESG Fund metrics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of September 20, 2017 the ValueShares International Quantitative Value ETF MSCI ESG Fund Quality Score is 5.54 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. IVAL ranks in the 68th percentile within its peer group and in the 56th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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IVAL Summary Data

12/17/14
Open-Ended Fund
0.79%
$67.94 M
$156.58 K
0.26%

IVAL Portfolio Data

$15.3 B
10.84
1.68
1.66%
N/A
45

IVAL Index Data

Alpha Architect International Quantitative Value Index
Equal
Fundamental
MSCI World Ex-USA Investable Markets Value

Related ETFs to IVAL

EFV, IVLU
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

IVAL Portfolio Management

0.79%
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IVAL Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

IVAL Fund Structure

Open-Ended Fund
No
No
0%% / 100%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
15:59:5931.5650
11:53:0831.6447
11:46:5631.601
10:10:5231.58160
09:30:0031.8550
09:30:0031.85110
09:30:0031.85390
09:30:0031.85500
09:30:0031.85500
09:30:0031.8596
Bats BZX Real-time Quote - 20:19:25
Daily Spread
Premium/Discount
Volume

IVAL FactSet Analytics Block Liquidity

As of 09/21/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IVAL. IVAL is rated a 4 out of 5.

IVAL Tradability

5,031
$156.58 K
3,700
$114.88 K
0.26%
$0.08
0.29%
4.70% / -1.38%
None
8.00%
50,000
0.07
0.13%
0.19%
--
$31.77
4

IVAL Performance Statistics

0.29
0.72
0.78
0.57
0.65%
MSCI World Ex-USA Investable Markets Value

IVAL MSCI ESG Fund Metrics

5.54 / 10
68.09
55.52
9.44%
13.02%
109.50