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Launched · SEC filings

Alpha Architect Global Factor Equity ETF

AAVMNasdaqAlpha ArchitectB

$33.69−0.18 (−0.53%)

At close: Nov 2, 2026, 4:00 PM ET

B59/ 100

Rank 15 of 44 in Global Active Equity

B59/100Rank 15 of 44inGlobal Active Equity
Intraday session: down, 78 prints from 33.87 to 33.69. Range 33.69 to 34.03. Use the arrow keys to read each point.33.8034.0010 AM12 PM2 PM4 PM
Expense ratio
0.38%
Fund size
$27M
1Y total return
+19.5%
Yield · Last 12 months
1.79%
Holdings
5
Avg volume · 30D
1.46K sh
52W range
low $28.05high $35.01
Launched
Filings
SEC EDGAR

The ETF.net AAVM Grade

Based on 5 of 6 pillars

B

Score 59 out of 100

Category
Global Active Equity⁠
Rank
15 of 44
Six-pillar profile for AAVM. Scores out of 100: Cost 84, Risk 47, Mission not scored, Tradability 42, Holdings 27, Durability 64. Strongest: Cost (84). Weakest: Holdings (27). Based on 5 of 6 pillars.

Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A84 out of 100
    Rank 8 of 44

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C47 out of 100
    Rank 27 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C42 out of 100
    Rank 28 of 44

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D27 out of 100
    Rank 43 of 44

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 18 of 44

Our read on AAVM

ETF.net Research

In short

BFour Alpha Architect quant sleeves in one ticker: the cheapest stocks and the strongest-momentum stocks, US and developed international. Active global factor exposure at 0.38% a year.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  • Charges 0.38% a year, below the typical fee among actively managed global equity funds in its peer group.
  • A fund-of-funds wrapper: US value, US momentum, international value and international momentum, bought in one trade instead of four.alphaarchitect.comsec.gov
  • Targets the cheap end and the momentum leaders of developed markets rather than a watered-down tilt, and rebalances often to keep that exposure on.alphaarchitect.com
  • Trading since 2017, so the strategy has a live record, and it sits in the upper half of its active global equity cohort.

Worth knowing

  • Small fund, thin volume. Spreads can be wide, so patient limit orders matter more here than with a mega-cap index fund.
  • Concentrated by design: the sleeves hold a short list of names, so returns can diverge sharply from a global index in either direction.sec.gov
  • Cash comes once or twice a year, not monthly. The mandate is long-term capital appreciation, not an income stream.

AAVM Performance

Launched May 1, 2017

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
AAVM$11,951
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. AAVM $11,951. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for AAVM. Periods over one year show the average yearly return.
PeriodAAVM
Year to date+14.7%
1 month+1.4%
3 months+1.0%
1 year+19.5%
3 yearsper year+19.9%
5 yearsper year+6.5%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AAVM
YearReturn barAAVM
2026 YTD+14.7%
2025+18.5%
2024+12.1%
2023−0.7%
2022−7.0%
2021+3.5%

AAVM in the news

AAVM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.79%Last 12 months
Payout per share
$0.61Last 12 months
Last payment
$0.61 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 14 payments from 2017 to 2026 YTD. Sep 25, 2017 $0.09; Dec 27, 2017 $0.14; Mar 26, 2018 $0.02; Jun 25, 2018 $0.13; Sep 24, 2018 $0.04; Dec 27, 2018 $0.04; Mar 25, 2019 $0.08; Dec 30, 2019 $0.36; Sep 20, 2021 $0.02; Dec 30, 2021 $0.20; Dec 29, 2022 $0.55; Dec 28, 2023 $0.96; Dec 30, 2024 $0.65; Dec 30, 2025 $0.61. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.61
Dec 30, 2024Dec 31, 2024$0.65
Dec 28, 2023Jan 3, 2024$0.96
Dec 29, 2022Jan 9, 2023$0.55
Dec 30, 2021Jan 6, 2022$0.20
Sep 20, 2021Sep 27, 2021$0.02
Dec 30, 2019Jan 6, 2020$0.36
Mar 25, 2019Apr 1, 2019$0.08
Dec 27, 2018Jan 8, 2019$0.04
Sep 24, 2018Oct 1, 2018$0.04
Jun 25, 2018Jul 2, 2018$0.13
Mar 26, 2018Apr 2, 2018$0.02

See all 14 payments⁠

$10,000 in AAVM 5 years ago paid $1,041 in dividends.⁠

AAVM Risk

Risk pillarC47 out of 100Rank 27 of 42 in Global Active Equity
How much the fund’s monthly returns vary, scaled to a year.
13.7%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.08
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−23.7%
Trough Oct 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.83
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

AAVM Cost

Compare AAVM and AVTM

Overpaying vs AVTM, cheapest in Global Active Equity

$3,148

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AAVM 0.38%

    $7,706

  • AVTM 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • AAVM 0.38%
  • AVTM 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530AAVM $7,706AVTM $4,558

Year by year

YearAAVMAVTMOverpaying
10$688$401$287
20$2,658$1,561$1,097
30$7,706$4,558$3,148

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