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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
Quasar Distributors LLC
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
Producer Manufacturing
Health Technology
Stocks99.66%
Producer Manufacturing14.53%
Health Technology12.72%
Retail Trade8.96%
Non-Energy Minerals8.56%
Transportation7.78%
Consumer Services7.68%
Technology Services5.95%
Process Industries5.44%
Electronic Technology4.80%
Industrial Services4.12%
Consumer Durables3.97%
Commercial Services3.76%
Consumer Non-Durables3.74%
Distribution Services1.96%
Communications1.92%
Energy Minerals1.91%
Health Services1.89%
Bonds, Cash & Other0.34%
Mutual fund0.19%
Cash0.14%
Stock breakdown by region
North America97.91%
Europe2.09%
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 Producer Manufacturing, with 14.53% stocks, and Health Technology, with 12.72% of the basket. The assets are mostly located in the North America region.
QVAL top holdings are United Therapeutics Corporation and Macy's, Inc., occupying 2.77% and 2.71% of the portfolio correspondingly.
QVAL last dividends amounted to 0.19 USD. The quarter before, the issuer paid 0.17 USD in dividends, which shows a 11.36% increase.
QVAL assets under management is 403.50 M USD. It's risen 2.34% over the last month.
QVAL fund flows account for 27.59 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 1.44%. The last dividend (Sep 15, 2025) amounted to 0.19 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 4.28% over the last month, and its yearly performance shows a 2.36% increase. See more dynamics on QVAL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.30% over the last month, showed a 7.38% increase in three-month performance and has increased by 4.30% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.30% over the last month, showed a 7.38% increase in three-month performance and has increased by 4.30% in a year.
QVAL trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.