Key stats
About Alpha Architect US Quantitative Value ETF
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Inception date
Oct 22, 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
Pine Distributors LLC
Identifiers
3
ISIN US02072L1026
QVAL whittles down the US equity market to a relative handful of stocks that meet its stringent screens. The fund uses a single metric EV/EBIT to select the cheapest 10% 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. The few dozen holdings that emerge from this process are weighted equally. QVAL 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
Health Technology
Energy Minerals
Consumer Durables
Stocks99.62%
Health Technology11.40%
Energy Minerals10.35%
Consumer Durables10.19%
Consumer Services9.82%
Retail Trade7.18%
Industrial Services6.53%
Producer Manufacturing6.45%
Process Industries6.25%
Health Services5.71%
Transportation5.58%
Non-Energy Minerals4.36%
Consumer Non-Durables4.26%
Technology Services3.85%
Communications3.79%
Distribution Services1.99%
Commercial Services1.92%
Bonds, Cash & Other0.38%
Mutual fund0.23%
Cash0.15%
Stock breakdown by region
North America97.84%
Europe2.16%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QVAL invests in stocks. The fund's major sectors are Health Technology, with 11.40% stocks, and Energy Minerals, with 10.35% of the basket. The assets are mostly located in the North America region.
QVAL top holdings are CF Industries Holdings, Inc. and Newmont Corporation, occupying 2.25% and 2.24% of the portfolio correspondingly.
QVAL last dividends amounted to 0.24 USD. The quarter before, the issuer paid 0.19 USD in dividends, which shows a 20.73% increase.
QVAL assets under management is 470.30 M USD. It's risen 4.77% over the last month.
QVAL fund flows account for 31.93 M 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, QVAL pays dividends to its holders with the dividend yield of 1.36%. The last dividend (Dec 24, 2025) amounted to 0.24 USD. The dividends are paid quarterly.
QVAL shares are issued by Empirical Finance LLC under the brand Alpha Architect. The ETF was launched on Oct 22, 2014, and its management style is Active.
QVAL expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
QVAL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QVAL invests in stocks.
QVAL price has risen by 3.20% over the last month, and its yearly performance shows a 10.67% increase. See more dynamics on QVAL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.29% over the last month, showed a 9.89% increase in three-month performance and has increased by 12.16% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.29% over the last month, showed a 9.89% increase in three-month performance and has increased by 12.16% in a year.
QVAL trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.