# Alpha Architect Global Factor Equity ETF (AAVM): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/aavm for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Alpha Architect · Asset class: Equity - Strategy: Passive Index · Inception: 2017-05-01 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... ## Key Facts | Metric | Value | |---|---| | Price | $33.86 | | Expense Ratio | 0.38% | | Assets Under Management | $26.8M | | NAV | $33.97 | | Holdings Count | 6 | | Distribution Yield (TTM) | 1.79% | | Annual Distribution (TTM) | $0.61 /share | | Distribution Frequency | Annual | | 52-Week Range | $28.05 – $35.01 | | Beta | 0.83 | ## Latest Distribution - Amount: $0.6056 /share - Ex-date: 2025-12-30 - Pay date: 2025-12-31 ## Frequently Asked Questions ### 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 $26.8M 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 is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (AAVM's is 0.38%) because there's no security selection cost. ### When was AAVM launched? Alpha Architect Global Factor Equity ETF (AAVM) launched in May 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. ### Does AAVM pay a dividend? Alpha Architect Global Factor Equity ETF (AAVM) currently distributes little or no income. Trailing-twelve-month yield is 1.79%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does AAVM pay dividends? Alpha Architect Global Factor Equity ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is AAVM's dividend yield? AAVM's trailing-twelve-month yield is 1.79%, calculated from the sum of dividends over the past year divided by the current price. ### When is AAVM's next ex-dividend date? The most recently announced ex-dividend date for AAVM was 2025-12-30. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will AAVM's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.38% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does AAVM charge its expense ratio? The expense ratio is deducted in tiny daily slices from AAVM's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does AAVM cost more than a fund like VOO? AAVM is a passive index fund (current expense ratio 0.38%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to AAVM? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as AAVM (0.38%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/aavm - Distribution history: https://www.dividenddata.com/funds/aavm/dividend - Holdings & diversification: https://www.dividenddata.com/funds/aavm/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/aavm/expenses - Peer comparison: https://www.dividenddata.com/funds/aavm/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.