GVAL

Cambria Global Value ETF
F

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*Unless otherwise stated, data provided by FactSet.

GVAL Fund Description

GVAL tracks an index that selects the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries.

GVAL Factset Analytics Insight

GVAL offers an unusual take on the global equity market as it attempts to identify and capture value opportunities on a country-by-country basis. The underlying index, rebalanced annually, applies a quantitative screen (potentially including P/E, P/B, P/CF, P/S and dividend yield) to entire equity markets, and includes caps to avoid concentration in any one country, sector or industry. This approach naturally carries it far afield from our neutral benchmark, and GVAL by its very nature makes heavy bets on individual countries. Despite significant daily trading activity, GVAL is afflicted by some sizeable spreads and numerous complications to underlying liquidity: many of its holdings are extremely illiquid, and furthermore many of them do not trade during US market hours. Larger investors should also note that the fund has sizeable creation fees. A fairly young fund, GVAL doesn't have a long history by which to assess holding costs. It charges a steep fee compared to vanilla funds, but it looks more reasonable next to other funds running more sophisticated strategies, and its tracking has been reasonable, although investors should watch out for potential capital gains distributions.

GVAL MSCI ESG Analytics Insight

Cambria Global Value ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.72 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. Cambria Global Value ETF ranks in the 36th percentile within its peer group and in the 10th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

GVAL MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

GVAL Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GVAL 5.53% -0.74% 10.12% 1.06% 9.33% 1.82% --
GVAL (NAV) 4.57% -1.55% 9.39% 0.27% 8.94% 1.91% --
Cambria Global Value Index 4.56% -1.12% 8.82% 0.47% 9.66% 2.56% --
MSCI ACWI IMI Value Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GVAL Summary Data

Cambria
03/12/14
Open-Ended Fund
0.69%
$151.45M
$439.04K
0.26%

GVAL Portfolio Data

$21.08B
9.06
1.09
4.11%
06/27/16
124

GVAL Index Data

Proprietary
Fundamental
MSCI ACWI IMI Value Index

GVAL Portfolio Management

0.69%
-1.57%
0.04%
-2.94%

GVAL Tax Exposures

20.00% / 39.60%
0.49%
Qualified dividends
No

GVAL Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

GVAL Factset Analytics Block Liquidity

As of 09/20/19
5
4
3
2
1

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

GVAL Tradability

19,549
$439.04K
13,318
$305.51K
0.26%
$0.06
0.00%
1.25% / -2.05%
None
27.00%
50,000
0.27
0.30%
2.46%
0
$22.89
1

GVAL Sector/Industry Breakdown


GVAL
Segment Benchmark
32.51%
31.70%
16.83%
9.16%
14.52%
5.65%
12.01%
5.93%
8.12%
8.69%
7.04%
7.84%
5.00%
4.39%
3.75%
9.61%
0.22%
7.26%

GVAL Top 10 Holdings[View All]

3.21%
2.04%
1.98%
1.86%
1.53%
1.41%
1.37%
1.35%
1.28%
1.24%
17.27%

GVAL Countries


GVAL
Segment Benchmark
11.76%
0.89%
9.67%
0.04%
9.00%
0.08%
8.75%
0.44%
8.49%
1.23%
8.45%
0.56%
8.30%
1.08%
7.79%
0.06%
7.50%
0.12%
7.41%
6.58%

GVAL Regions


GVAL
Segment Benchmark
79.79%
18.58%
11.76%
1.37%
8.45%
19.77%
--
59.03%
--
1.25%

GVAL Economic Development


GVAL
Segment Benchmark
62.99%
94.59%
37.01%
5.41%

GVAL Performance Statistics

--
--
--
--
0.00%
MSCI ACWI IMI Value Index

GVAL MSCI ESG Ratings

BBB
4.72 / 10
10.08
35.65
13.10%
3.18%
729.07

GVAL Benchmark Comparison Holdings

124
5296
83
4.77%

GVAL Benchmark Comparison Summary


GVAL
Segment Benchmark
124
5296
$21.08B
$85.10B
9.06
15.62
1.09
1.46
4.34%
3.57%
Low
Low

GVAL Benchmark Comparison Market Cap Size


GVAL
Segment Benchmark
39.89%
74.20%
39.84%
17.83%
17.22%
6.94%
3.04%
1.03%