Alpha Architect U.S. Quantitative Value ETF

Frequently Asked Questions About QVAL

What does QVAL invest in?

The Alpha Architect U.S. Quantitative Value ETF (QVAL) utilizes a systematic, data-driven approach to meticulously select a concentrated portfolio of roughly 50 to 100 American stocks. The primary objective is to pinpoint companies whose shares are currently trading at a discount to their perceived true worth, thereby offering significant upside potential for investors. A stock is deemed "undervalued" by the Adviser when its market price is lower than their calculated intrinsic value – that is, the price at which they believe it would trade if the market fully recognized all aspects contributing to the company's value. Additionally, the fund maintains the flexibility to invest up to 20% of its holdings in various other assets, including cash, highly liquid assets, shares of other investment funds, or a range of different securities and financial instruments.

What is the expense ratio of QVAL?

Alpha Architect U.S. Quantitative Value ETF (QVAL) charges an expense ratio of 0.28%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QVAL?

Alpha Architect U.S. Quantitative Value ETF (QVAL) manages $636.8M 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 QVAL actively managed or an index fund?

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

When was QVAL launched?

Alpha Architect U.S. Quantitative Value ETF (QVAL) launched in October 2014 and is managed by Alpha Architect.

How has QVAL performed?

QVAL'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.