Skip to Content
ETFs

Alpha Architect International Quantitative Value ETF

IVAL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 17 2014
Expense Ratio
0.49%
Type
Global Ex. US Equities
Fund Owner
Alpha Architect
Volume (1m avg. daily)
$425,669
AUM
$154,804,250
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

1662
Japan Petroleum Exploration Co.,Ltd.
2.31%
7261
Mazda Motor Corporation
2.30%
6417
Sankyo Co
2.27%
7211
Mitsubishi Motors Corporation
2.21%
5423
Tokyo Steel Manufacturing Co. Ltd
2.20%
FMG
Fortescue Metals Group Ltd
2.16%
1605
Inpex Corporation
2.14%
CNA
Centrica plc
2.11%
7270
Subaru Corporation
2.09%
7269
Suzuki Motor Corp.
2.08%
Invest with IVAL

What is IVAL?

IVAL is an Active ETF. It seeks to invest in the cheapest, highest quality international value stocks. The strategy stock selection algorithm is fully automated.

ETFs related toIVAL

ETFs correlated to IVAL include ICOW, AVIV, FYLD

IVAL
EA Series Trust - Alpha Architect International Quantitative Value ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield ETF
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
AVDV
American Century ETF Trust - Avantis International Small Cap Value ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
MFDX
Pimco Equity Series - PIMCO RAFI Dynamic Multi-Factor International Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

IVAL is a Global Ex. US Equities ETF. IVAL is an Active ETF. It seeks to invest in the cheapest, highest quality international value stocks. The strategy stock selection algorithm is fully automated.

Yes, IVAL is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, IVAL is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IVAL is 0.0405%. This is the percent change in the value of IVAL over the most recent 1-month period. The 3-month return on IVAL is 0.0581%. This is the percent change in the value of IVAL over the most recent 3-month period.

The standard deviation of IVAL for the past year is 0.2049%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IVAL include QQH, RODM, and MOTI.

ETFs correlated to IVAL include ICOW, AVIV, and FYLD.

ETFs that are inversely correlated to IVAL include EFZ, EPV, and EDZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.