- What does AAVM invest in?
- The Alpha Architect Global Factor Equity ETF (AAVM) operates as a fund-of-funds, striving for sustained long-term capital growth by employing a diversified multi-factor investment strategy. It allocates capital across four distinct Alpha Architect exchange-traded funds, each concentrated on specific market segments: value equities in the U.S., value equities in developed ex-U.S. markets, U.S. momentum stocks, and momentum stocks in developed international markets. These underlying funds are managed through a meticulous, multi-step quantitative methodology, identifying equities that exhibit the strongest relative momentum for the momentum ETFs and those with considerable potential for capital appreciation for the value ETFs. AAVM's adviser employs a proprietary model to distribute assets among these four component ETFs, weighting more heavily the fund that shows superior relative momentum. While portfolio rebalancing typically occurs on a quarterly basis, the adviser reserves the right to make more frequent adjustments. Historically, before January 31, 2022, AAVM tracked the Alpha Architect Value Momentum Trend Index. Furthermore, prior to January 31, 2025, the fund was known as the Alpha Architect Value Momentum Trend ETF and traded under the ticker VMOT.
- What is the expense ratio of AAVM?
- Alpha Architect Global Factor Equity ETF (AAVM) charges an expense ratio of 0.38%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is AAVM?
- Alpha Architect Global Factor Equity ETF (AAVM) manages $25.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is AAVM actively managed or an index fund?
- AAVM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was AAVM launched?
- Alpha Architect Global Factor Equity ETF (AAVM) launched in April 2017 and is managed by Alpha Architect.
- How has AAVM performed?
- AAVM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
