Alpha Architect International Quantitative Value ETF

Frequently Asked Questions About IVAL

What does IVAL invest in?

The fund's adviser employs a structured, data-driven methodology, involving multiple steps, to select a portfolio of approximately 50 to 100 international equity securities. These chosen securities are deemed undervalued and are expected to deliver capital appreciation. An asset is considered undervalued when its market price falls below the value the adviser estimates it would attain if the market accurately recognized all factors contributing to the company's intrinsic worth. Furthermore, up to 20% of the fund's holdings can comprise cash, cash equivalents, shares in other investment vehicles, and various other financial instruments.

What is the expense ratio of IVAL?

Alpha Architect International Quantitative Value ETF (IVAL) charges an expense ratio of 0.38%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IVAL?

Alpha Architect International Quantitative Value ETF (IVAL) manages $213.6M 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 IVAL actively managed or an index fund?

IVAL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IVAL launched?

Alpha Architect International Quantitative Value ETF (IVAL) launched in December 2014 and is managed by Alpha Architect.

How has IVAL performed?

IVAL'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.