QVAL
Alpha Architect US Quantitative Value ETF
ValueShares US Quantitative Value ETF is an exchange-traded fund incorporated in the USA. This is an actively managed ETF and does not track an index. The ETF holds mid to large-cap US stocks and will invest in approximately 50 of the top U.S. equity securities as determined by its quantitative value system. The ETF weights the holdings equally and follows a quarterly rebalance schedule.
US
EQUITY
Active
MANAGEMENT STYLE
$ 491.8 M
ASSETS UNDER MGMT
39 bp
EXPENSES
Fund Basics
| Inception date | Oct 22, 2014 |
| Regulation | Open-End Investment Company |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| APA CORP. | 3.2 % |
| DELL TECHNOLOGIES INC CLASS C | 2.9 % |
| CF INDUSTRIES HOLDINGS INC | 2.8 % |
| HF SINCLAIR CORPORATION | 2.6 % |
| CONOCOPHILLIPS | 2.5 % |
| PERMIAN RESOURCES CORPORATION CLASS A | 2.5 % |
| EQT CORP | 2.3 % |
| ONEOK INC | 2.3 % |
| AT&T INC | 2.2 % |
| EXPEDIA GROUP INC | 2.2 % |
Constituent Breakdown
| Number of holdings | 50 |
| Herfindahl-Hirschman Index | 200 |
| Wgt avg mkt cap (mns) | $51,581 |
| Large cap (>$10bn) | 75.9% |
| Mid cap ($2-10bn) | 23.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 95.1 % |
 |
IRELAND | 1.9 % |
 |
SOUTH AFRICA | 1.5 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 9.7% | 21.1% | 13.2% | 15.2% | 12.5% | 9.4% | -- | 7.1% |
| Dividend Yield | 0.0% | 1.9% | 1.9% | 2.0% | 1.9% | 1.8% | -- | 1.7% |
| Total Returns | 9.7% | 23.0% | 15.1% | 17.3% | 14.4% | 11.2% | -- | 8.8% | Ann. Volatility | 14.0% | 20.7% | 17.9% | 18.5% | 21.7% | 22.8% | -- | 22.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.88 | 67% |
| MSCI EAFE | 0.90 | 51% |
| MSCI Emg Mkts | 0.71 | 39% |
Liquidity Measures
| Avg. volume (000) | 24 |
| ADV traded (mns) | $1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.15% |
Technical Indicators
| 30d moving avg. (EMA) | $51.78 |
| Relative strength (RSI) | 50 |
| MACD/Signal | -0.22/-0.28 |
| Bollinger Bands (Upper/Lower) | $53.04/$50.15 |
| Short interest (% of AUM) | 0.6% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. QVAL |
Expenses vs. QVAL |
ALTAR Score™ vs. QVAL |
|---|---|---|---|---|
| SMRI | Bushido Capital US Equity ETF | 29.4% | +32 bp | -1.4% |
| VFLO | VictoryShares Free Cash Flow ETF | 26.7% | 0 bp | -1.5% |
| ECML | Euclidean Fundamental Value ETF | 23.4% | +56 bp | -1.2% |
| QQWZ | Pacer Cash COWZ 100-Nasdaq100 Rotator ETF | 21.3% | +10 bp | -2.5% |
| COWZ | Pacer US Cash Cows 100 ETF | 21.3% | +10 bp | -2.5% |
| FLOW | Global X U.S. Cash Flow Kings 100 ETF | 21.2% | -14 bp | +1.4% |
| LYLD | Cambria Large Cap Shareholder Yield ETF | 19.9% | +20 bp | -1.6% |
| SPDV | AAM S&P 500 High Dividend Value ETF | 19.4% | -10 bp | +0.2% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 18.8% | +10 bp | -5.0% |
| QDIV | Global X S&P 500 Quality Dividend ETF | 18.0% | -19 bp | -2.9% |
Risk and Returns: QVAL vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/3/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
11.0%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,196 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. QVAL's ALTAR Score™ is approximately 2.5 standard
deviations above the category average. This places QVAL in the 99th percentile
among funds in the category.
Sell-Side Consensus
$62.16
PRICE TARGET
+18.9%
UPSIDE