QVAL

ValueShares U.S. Quantitative Value ETF
N/A

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

QVAL Fund Description

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

QVAL Factset Analytics Insight

QVAL whittles down the 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. QVAL 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 QVAL’s steep fee, which may be hard to justify for an index-tracking fund, and which is an order of magnitude higher than some vanilla competitors. Lukewarm trading further increases round-trip costs for QVAL.

QVAL MSCI ESG Analytics 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 November 20, 2017 the ValueShares U.S. Quantitative Value ETF MSCI ESG Fund Quality Score is 4.37 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. QVAL ranks in the 74th percentile within its peer group and in the 16th 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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QVAL Top 10 Countries

QVAL Top 10 Sectors

QVAL Top 10 Holdings View All

QVAL Summary Data

10/22/14
Open-Ended Fund
0.79%
$81.84M
$213.34K
0.27%

QVAL Portfolio Data

$26.92B
13.62
3.07
1.07%
N/A
40

QVAL Index Data

Equal
Fundamental
MSCI USA Investable Markets Value

Related ETFs to QVAL

FAB, IUSV, VLU, VLUE
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

QVAL Portfolio Management

0.79%
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QVAL Tax Exposures

20% / 39.6%
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Qualified dividends
No

QVAL Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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LAST 10 TRADES
TIMEPRICESHARES
15:59:5028.4450
11:57:0328.44100
09:30:0028.4989
09:30:0028.4921
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Bats BZX Real-time Quote - 17:36:10
Daily Spread
Premium/Discount
Volume

QVAL Factset Analytics Block Liquidity

As of 11/21/17
5
4
3
2
1

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

QVAL Tradability

7,847
$213.34K
6,058
$163.83K
0.27%
$0.07
0.04%
1.02% / -0.66%
None
100%
50,000
0.12
0.02%
0.05%
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$28.41
5

QVAL Sector/Industry BreakdownView All

QVALSegment Benchmark
6.44% 45.48%
10.32% 15.21%
9.56% 14.59%
13.11% 11.78%
7.58% 7.90%
3.14% 5.03%

QVAL Geographic Exposure

QVALSegment Benchmark
99.85% 100.00%
0.01% --
0.10% --
0.02% --
0.02% --
0.00% --

QVALSegment Benchmark
99.87% 100.00%
0.11% --
100.00% / 0.00% 100.00% / 0.00%

QVAL Performance Statistics

0.51
1.15
0.99
1.08
0.54%
MSCI USA Investable Markets Value

QVAL MSCI ESG Ratings

4.37 / 10
74.13
15.66
--
6.2%
49.78

QVAL BENCHMARK COMPARISON

    QVAL
    40 Holdings
    Segment Benchmark
    1449 Constituents
    Shared Holdings
    26 (Count)
     
    6.69% (Weight)
QVALSegment Benchmark
120.85 B 26.92 B
79.39% 39.95%
15.13% 49.84%
5.04% 10.22%
0.45% 0.00%
2.64% 1.94%
Low Medium