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About Alpha Architect International Quantitative Value ETF
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Inception date
Dec 17, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
ISIN
US02072L2016
IVAL cuts down the developed ex-US equity market to a concentrated portfolio of stocks that meet its eligibility screens. The fund uses a single metric EV/EBIT to select approximately 40-50 securities 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. Selected securities are weighted equally at each quarterly reconstitution. IVAL 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 funds strategy or holdings.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Transportation
Non-Energy Minerals
Consumer Durables
Stocks99.23%
Producer Manufacturing16.53%
Transportation13.58%
Non-Energy Minerals12.55%
Consumer Durables12.10%
Process Industries9.78%
Energy Minerals9.62%
Consumer Non-Durables7.72%
Electronic Technology3.97%
Distribution Services2.04%
Finance2.00%
Industrial Services1.99%
Retail Trade1.92%
Technology Services1.86%
Communications1.82%
Consumer Services1.73%
Bonds, Cash & Other0.77%
Cash0.54%
Mutual fund0.23%
Stock breakdown by region
Asia48.88%
Europe41.01%
Oceania10.11%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IVAL invests in stocks. The fund's major sectors are Producer Manufacturing, with 16.53% stocks, and Transportation, with 13.58% of the basket. The assets are mostly located in the Asia region.
IVAL top holdings are Frontline Plc and Ramelius Resources Limited, occupying 2.26% and 2.24% of the portfolio correspondingly.
IVAL last dividends amounted to 0.11 USD. The quarter before, the issuer paid 0.40 USD in dividends, which shows a 272.19% decrease.
IVAL assets under management is 174.63 M USD. It's risen 2.05% over the last month.
IVAL fund flows account for −308.75 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IVAL pays dividends to its holders with the dividend yield of 2.65%. The last dividend (Sep 15, 2025) amounted to 0.11 USD. The dividends are paid quarterly.
IVAL shares are issued by Empirical Finance LLC under the brand Alpha Architect. The ETF was launched on Dec 17, 2014, and its management style is Active.
IVAL expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
IVAL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IVAL invests in stocks.
IVAL price has risen by 2.46% over the last month, and its yearly performance shows a 19.07% increase. See more dynamics on IVAL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.79% over the last month, showed a 13.08% increase in three-month performance and has increased by 23.97% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.79% over the last month, showed a 13.08% increase in three-month performance and has increased by 23.97% in a year.
IVAL trades at a premium (0.46%) meaning the ETF is trading at a higher price than the calculated NAV.