Key stats
About Alpha Architect International Quantitative Value ETF
Expense ratio
0.39%
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Inception date
Dec 17, 2014
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
Consumer Durables
Producer Manufacturing
Stocks98.94%
Consumer Durables19.59%
Producer Manufacturing16.20%
Non-Energy Minerals9.91%
Utilities7.84%
Energy Minerals7.56%
Consumer Non-Durables5.73%
Transportation5.69%
Electronic Technology4.38%
Industrial Services4.20%
Retail Trade3.82%
Process Industries3.77%
Consumer Services2.44%
Commercial Services2.01%
Distribution Services1.98%
Communications1.98%
Finance1.85%
Bonds, Cash & Other1.06%
Cash0.88%
Mutual fund0.18%
Stock breakdown by region
Asia47.08%
Europe45.16%
Oceania7.57%
North America0.18%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history