Fund Description
IVAL is a self-indexing fund that seeks to track the total return performance, before fees and expenses, of the Alpha Architect International Quantitative Value Index (the Index ). The Index universe generally consists of mid to large capitalization international exchange traded stocks. The Index algorithm uses statistical models to avoid firms that may incur financial distress or are at risk for financial statement manipulation. The Index screens for stocks with low enterprise values relative to operating earnings. The Index seeks to invest in the cheapest, highest quality international value stocks.
Fund Profile
Fund Name Alpha Architect International Quantitative Value ETF
Fund Exchange Ticker IVAL
Fund Sponsor Alpha Architect
Fund ISIN US02072L2016
Net Expense Ratio 0.79 %
Fund Inception Date 17 December 2014
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Alpha Architect International Quantitative Value Index
Index Provider Alpha Architect LLC
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Value
Continent Not Applicable
Key Statistics
Return As of Date 20 March 2019
Asset Under Management 90.03 Million (USD)
1 Month Total Return -0.80 %
Year To Date Return 12.37 %
1 Year Total Return -11.51 %
3 Year Annualized Total Return 8.59 %
NAV 28.1347
Share Outstanding 3,200,000
Top 10 Holdings (20 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
NEXON CO LTD 3659 EQUI 0.0290000000
RAKUTEN INC 4755 EQUI 0.0264000000
BOLIDEN AB BOL EQUI 0.0262000000
TOSOH CORP 4042 EQUI 0.0255000000
MICHELIN (CGDE) ML EQUI 0.0254000000
NIPPON TEL&TEL CP 9432 EQUI 0.0254000000
REDROW PLC RDW EQUI 0.0243000000
KAJIMA CORP 1812 EQUI 0.0242000000