Key stats
About Alpha Architect U.S. Quantitative Value ETF
Expense ratio
0.29%
Home page
Inception date
Oct 22, 2014
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
What's in the fund
Exposure type
Energy Minerals
Consumer Durables
Producer Manufacturing
Stock breakdown by region