IVAL

Alpha Architect International Quantitative Value ETF
*Unless otherwise stated, data provided by FactSet.

IVAL Fund Description

IVAL is an active, equal-weighted portfolio of developed-market ex-US value stocks, screened for forensic accounting and earnings quality.

IVAL Factset Analytics Insight

IVAL cuts down the developed ex-US equity market to a concentrated portfolio of stocks that meet its eligibility screens. The fund uses a single metric EV/EBIT to select approximately 40-50 securities 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. Selected securities are weighted equally at each quarterly reconstitution. IVAL launched as an actively managed fund but began tracking a new homegrown index in January 2017. On January 31, 2022, the fund switched back to being actively managed. These changes did not significantly alter the fund’s strategy or holdings.

PERFORMANCE [as of 06/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IVAL -13.24% -- -13.23% -19.34% -3.01% -2.91% --
IVAL (NAV) -12.61% -14.63% -13.34% -19.13% -3.07% -3.03% --
No Underlying Index -- -- -- -- -- -- --
MSCI World ex USA IMI Value -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IVAL Summary Data

12/17/14
Open-Ended Fund
0.60%
$125.62M
$1.04M
0.20%

IVAL Portfolio Data

$22.40B
6.20
1.18
4.13%
N/A
50

IVAL Index Data

No Underlying Index
Proprietary
Proprietary
MSCI World ex USA IMI Value

IVAL Portfolio Management

0.60%
-1.56%
-0.45%
-1.85%

IVAL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

IVAL Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

IVAL Factset Analytics Block Liquidity

As of 06/30/22
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

41,704
$1.04M
22,491
$551.58K
0.20%
$0.05
0.17%
1.42% / -1.35%
None
16.00%
25,000
0.90
0.07%
0.05%
0
$22.81
4

IVAL Sector/Industry Breakdown


IVAL
Segment Benchmark
25.82%
--
22.59%
--
12.36%
--
8.52%
--
8.39%
--
6.05%
--
5.74%
--
4.33%
--
3.79%
--
2.24%
--

IVAL Top 10 Holdings[View All]

2.32%
2.29%
2.26%
2.26%
2.24%
2.24%
2.21%
2.20%
2.19%
2.19%
22.40%

IVAL Countries


IVAL
Segment Benchmark
33.14%
20.40%
10.83%
8.38%
10.81%
7.49%
8.73%
17.30%
7.83%
8.00%
7.74%
2.00%
4.60%
1.16%
3.81%
0.26%
2.70%
1.57%
2.39%
2.74%

IVAL Regions


IVAL
Segment Benchmark
49.54%
54.74%
46.65%
31.97%
3.81%
12.41%
--
0.88%

IVAL Economic Development


IVAL
Segment Benchmark
100.00%
99.99%
--
0.01%

IVAL Performance Statistics

0.76
0.94
0.75
0.99
0.55%
MSCI World ex USA IMI Value

IVAL Benchmark Comparison Holdings

50
2048
44
7.14%

IVAL Benchmark Comparison Summary


IVAL
Segment Benchmark
50
2048
$22.40B
$59.76B
6.20
10.24
1.18
1.18
5.45%
4.01%
Medium
Low

IVAL Benchmark Comparison Market Cap Size


IVAL
Segment Benchmark
30.60%
72.16%
60.76%
19.75%
8.65%
7.35%
0.00%
0.74%