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ETFs

Cambria Global Value ETF

GVAL
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 12, 2014
Expense Ratio
0.71%
Type
Global Equities
Fund Owner
Cambria Funds
Volume (1m avg. daily)
$320,021
AUM
$124,882,115
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Cash & Other
3.58%
PKN
ORLEN SA
2.59%
MONET
Moneta Money Bank
2.33%
KOMB
Komercni Banka, A.S.
2.08%
TABAK
Philip Morris Cr A.S.
1.79%
CEZ
Cez, A.S.
1.69%
SCI
SCI AG
1.38%
ALR
ALIOR BANK SA
1.38%
PZU
PZU SA
1.32%
COLBUN
Colbun SA
1.29%
Invest with GVAL
Trade GVAL Options

What is GVAL?

The Cambria Global Value ETF identifies the cheapest stock markets in the world using a composite of cyclically adjusted price ratios. The ETF begins with a universe of 45 countries, located in developed and emerging markets. GVAL then selects the top 25% cheapest country stock markets as measured by Cambria's proprietary long-term valuation metrics based on relative and absolute valuation. Cambria then uses a valuation composite across traditional metrics such as trailing P/E, P/B, P/S, P/FCF, and EV/EBITDA to select the 10 most undervalued stocks out of the top 30 largest stocks by market capitalization within each country.

1M
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6M
YTD
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Max
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GVAL
Performance Measures**

for the time period Mar 12, 2014 to Dec 4, 2025

Returns

1M Trailing Return: 5.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 9.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -46.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 18.9%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.38

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.12

The annualized return divided by the max drawdown for the selected time period.

ETFs related toGVAL

ETFs correlated to GVAL include VYMI, PXF, AVIV

GVAL
Cambria Investment Management LP - Cambria Global Value ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
IDV
BlackRock Institutional Trust Company N.A. - iShares International Select Dividend ETF
EFV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Value ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
MFDX
Pimco Equity Series - PIMCO RAFI Dynamic Multi-Factor International Equity ETF
FGD
First Trust Exchange-Traded Fund III - First Trust Dow Jones Global Select Dividend Index Fund

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

GVAL is a Global Equities ETF. The Cambria Global Value ETF identifies the cheapest stock markets in the world using a composite of cyclically adjusted price ratios. The ETF begins with a universe of 45 countries, located in developed and emerging markets. GVAL then selects the top 25% cheapest country stock markets as measured by Cambria's proprietary long-term valuation metrics based on relative and absolute valuation. Cambria then uses a valuation composite across traditional metrics such as trailing P/E, P/B, P/S, P/FCF, and EV/EBITDA to select the 10 most undervalued stocks out of the top 30 largest stocks by market capitalization within each country.

Yes, GVAL 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, GVAL 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 GVAL is -0.0163%. This is the percent change in the value of GVAL over the most recent 1-month period. The 3-month return on GVAL is -0.0148%. This is the percent change in the value of GVAL over the most recent 3-month period.

The standard deviation of GVAL for the past year is 0.1779%. 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 GVAL include PBW, IGF, and ARKK.

ETFs correlated to GVAL include VYMI, PXF, and AVIV.

ETFs that are inversely correlated to GVAL 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.