QVAL

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

QVAL Fund Description

QVAL is an active, equal-weighted portfolio of US value stocks, screened 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. 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 06/23/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QVAL -11.11% -19.01% -18.29% -9.20% 4.52% 5.40% --
QVAL (NAV) -11.27% -18.93% -18.15% -9.12% 4.55% 5.39% --
No Underlying Index -- -- -- -- -- -- --
MSCI USA IMI Value Index -5.85% -11.09% -13.24% -4.81% 6.88% 7.17% 10.75%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QVAL Summary Data

10/22/14
Open-Ended Fund
0.49%
$195.96M
$1.16M
0.15%

QVAL Portfolio Data

$13.13B
6.84
2.32
1.93%
N/A
50

QVAL Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA IMI Value Index

QVAL Portfolio Management

0.49%
-0.18%
0.03%
-0.75%

QVAL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

QVAL Fund Structure

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

QVAL Factset Analytics Block Liquidity

As of 06/24/22
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

33,916
$1.16M
22,007
$770.33K
0.15%
$0.05
-0.01%
0.68% / -1.96%
None
94.00%
10,000
2.20
0.07%
0.01%
0
$30.15
5

QVAL Sector/Industry Breakdown


QVAL
Segment Benchmark
17.42%
--
13.69%
--
12.22%
--
9.42%
--
8.18%
--
6.41%
--
6.15%
--
5.85%
--
4.11%
--
4.11%
--

QVAL Top 10 Holdings[View All]

PVH Corp. 2.14%
HP Inc. 2.12%
22.01%

QVAL Countries


QVAL
Segment Benchmark
100.00%
99.92%
--
0.08%

QVAL Regions


QVAL
Segment Benchmark
100.00%
100.00%

QVAL Economic Development


QVAL
Segment Benchmark
100.00%
100.00%

QVAL Performance Statistics

0.76
1.39
1.30
1.44
0.95%
MSCI USA IMI Value Index

QVAL Benchmark Comparison Holdings

50
1637
43
2.43%

QVAL Benchmark Comparison Summary


QVAL
Segment Benchmark
50
1637
$13.13B
$139.34B
6.84
16.90
2.32
2.65
1.30%
2.28%
Medium
Low

QVAL Benchmark Comparison Market Cap Size


QVAL
Segment Benchmark
31.76%
87.09%
56.81%
9.96%
11.43%
2.76%
0.00%
0.20%