IVAL

Alpha Architect International Quantitative Value ETF
N/A

N/A
*Unless otherwise stated, data provided by FactSet.

IVAL Fund Description

The Alpha Architect 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 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 August 16, 2018 the Alpha Architect International Quantitative Value ETF MSCI ESG Fund Quality Score is 5.80 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 91st percentile within its peer group and in the 61st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

IVAL CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/16/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IVAL -2.19% -7.65% -7.93% -0.39% 7.21% -- --
IVAL (NAV) -2.25% -7.43% -7.80% -0.32% 7.52% -- --
Alpha Architect International Quantitative Value Index -2.18% -7.31% -7.54% 0.85% -- -- --
MSCI World Ex-USA Investable Markets Value -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IVAL Top 10 Countries

IVAL Top 10 Sectors

IVAL Top 10 Holdings [View All]

IVAL Summary Data

01/31/17
Open-Ended Fund
0.79%
$100.30M
$296.87K
0.08%

IVAL Portfolio Data

$17.13B
8.31
1.39
2.70%
N/A
45

IVAL Index Data

Equal
Fundamental
MSCI World Ex-USA Investable Markets Value

IVAL Portfolio Management

0.79%
-0.84%
-0.14%
-2.14%

IVAL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

IVAL Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

IVAL Factset Analytics Block Liquidity

As of 08/17/18
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

9,496
$296.87K
5,580
$179.50K
0.08%
$0.02
0.28%
2.42% / -2.23%
None
10.00%
50,000
0.11
0.03%
0.15%
--
$29.97
4

IVAL Sector/Industry Breakdown


IVAL
Segment Benchmark
32.79%
9.66%
24.65%
9.28%
15.60%
6.70%
14.97%
11.76%
5.02%
1.92%
4.58%
4.49%
2.45%
4.99%
2.01%
4.56%

IVAL TOP 10 HOLDINGS[View All]

3.07%
2.91%
2.82%
2.70%
2.65%
2.64%
2.60%
2.52%
2.52%
2.45%
26.88%

IVAL Countries


IVAL
Segment Benchmark
50.26%
22.94%
15.23%
21.20%
14.73%
6.35%
10.82%
6.64%
4.60%
3.03%
2.44%
0.99%
2.07%
1.90%
1.91%
7.76%
--
0.52%
--
2.93%

IVAL Regions


IVAL
Segment Benchmark
64.99%
34.03%
37.07%
56.12%
--
9.18%
--
0.67%

IVAL Economic Development


IVAL
Segment Benchmark
100.00%
100.00%

IVAL Performance Statistics

0.62
0.93
0.95
0.98
0.45%
MSCI World Ex-USA Investable Markets Value

IVAL MSCI ESG Ratings

5.80 / 10
91.26
60.83
13.88%
5.26%
313.22

IVAL BENCHMARK COMPARISON HOLDINGS

45
2058
33
3.81%

IVAL BENCHMARK COMPARISON SUMMARY


IVAL
Segment Benchmark
45
2058
$17.13B
$58.75B
8.31
12.97
1.39
1.18
3.08%
4.16%
--
--

IVAL BENCHMARK COMPARISON MARKET CAP SIZE


IVAL
Segment Benchmark
34.99%
70.61%
52.61%
19.53%
12.40%
8.74%
0.00%
1.12%