IVAL

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

IVAL Fund Description

IVAL tracks an equal-weighted index 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, a change which did not significantly alter the fund’s strategy or holdings. On October 1, 2020, IVAL was supposed to transition to being actively managed again but it did not pushed through.

IVAL MSCI ESG Analytics Insight

Alpha Architect International Quantitative Value ETF has an MSCI ESG Fund Rating of AA based on a score of 7.31 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. Alpha Architect International Quantitative Value ETF ranks in the 80th percentile within its peer group and in the 96th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

IVAL 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.

PERFORMANCE [as of 09/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IVAL 1.11% -2.31% 6.56% 12.59% 0.92% 5.96% --
IVAL (NAV) 0.79% -2.72% 5.38% 12.40% 0.66% 5.84% --
Alpha Architect International Quantitative Value Index 0.99% -2.48% 5.60% 14.13% 1.68% -- --
MSCI World ex USA IMI Value -0.62% -2.85% 13.58% 29.54% 5.37% 7.52% 6.17%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IVAL Summary Data

12/17/14
Open-Ended Fund
0.59%
$150.36M
$330.84K
0.25%

IVAL Portfolio Data

$24.80B
10.06
1.43
1.88%
N/A
50

IVAL Index Data

Alpha Architect International Quantitative Value Index
Equal
Proprietary
MSCI World ex USA IMI Value

IVAL Portfolio Management

0.59%
-1.77%
-1.03%
-3.54%

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 09/17/21
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

11,593
$330.84K
6,890
$195.24K
0.25%
$0.07
0.30%
2.56% / -1.29%
None
16.00%
25,000
0.28
0.07%
0.07%
0
$28.46
4

IVAL Sector/Industry Breakdown


IVAL
Segment Benchmark
28.12%
10.24%
17.73%
11.74%
14.65%
3.14%
14.04%
9.84%
9.44%
4.35%
6.10%
34.41%
5.86%
5.33%
2.03%
6.99%

IVAL Top 10 Holdings[View All]

2.28%
2.25%
2.24%
2.24%
2.19%
2.18%
2.17%
2.16%
2.15%
2.12%
21.98%

IVAL Countries


IVAL
Segment Benchmark
48.63%
22.24%
11.73%
16.44%
8.16%
6.81%
5.96%
9.27%
5.77%
2.18%
2.18%
0.29%
2.09%
0.76%
2.05%
1.10%
2.02%
1.47%
2.00%
--

IVAL Regions


IVAL
Segment Benchmark
60.63%
33.07%
37.19%
56.12%
2.18%
10.07%
--
0.74%

IVAL Economic Development


IVAL
Segment Benchmark
100.00%
100.00%
--
0.00%

IVAL Performance Statistics

0.71
0.83
0.76
0.76
0.54%
MSCI World ex USA IMI Value

IVAL MSCI ESG Ratings

7.31 / 10
96.36
79.53
9.84%
5.10%
239.84

IVAL Benchmark Comparison Holdings

50
2070
40
6.10%

IVAL Benchmark Comparison Summary


IVAL
Segment Benchmark
50
2070
$24.80B
$53.92B
10.06
19.17
1.43
1.21
3.39%
3.20%
Medium
Low

IVAL Benchmark Comparison Market Cap Size


IVAL
Segment Benchmark
42.22%
72.15%
53.92%
20.10%
3.87%
7.21%
0.00%
0.54%