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MAVF

GradeDNew York Stock Exchange Arca

Matrix Advisors Value ETF

Active Equity · Matrix · Inception 1983-09-16

$138.88−0.93 (−0.67%)

As of Sep 23, 2026, 2:16 PM EDT

History starts Feb 24, 2025.
Intraday session: down, 4 prints from 139.81 to 138.88. Range 138.78 to 139.81. Use the arrow keys to read each point.$138.75$139.25$139.50$139.7510 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$95M
1Y return
+18.9%
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$140.39
52W range
low $113.73high $142.84

The ETF.net MAVF Grade

D

25/ 100

Rank 57 of 66 in US Active Value

Confidence High

Six-pillar profile for MAVF. Scores out of 100: Cost 18, Risk 29, Mission 65, Tradability 24, Holdings 30, Durability 59. Strongest: Mission (65). Weakest: Cost (18). Leans toward Mission and Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 25 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 18
    Category rank54/66 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 65
    Category rank21/27 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 29
    Category rank52/62 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 24
    Category rank52/66 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 30
    Category rank60/66 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 59
    Category rank30/66 · top 45%

Graded as of Sep 22, 2026

Our read on MAVF

ETF.net Research

DA 1996-vintage value strategy wearing an ETF ticker. Matrix picks US stocks by its own definition of cheap, aiming at appreciation and income both. Old-school active work in an aisle now ruled by rules-based screens.

Stated mandate

The Fund seeks total return through capital appreciation and current income.

Why people hold it

  1. 01Actual stock picking. The portfolio is built on Matrix's own definition of value, not an off-the-shelf index screen, and the fund says so in its prospectus.
  2. 02The strategy dates to 1996, meaning it has run through the dot-com bust, 2008 and everything since. Track records that long are scarce in the value-ETF aisle.
  3. 03Two jobs, stated plainly: capital appreciation and current income. Shareholders get distributions on a set annual or semiannual rhythm.
  4. 04Simple plumbing. A standard 1940 Act US equity fund with no leverage or exotic wrapper mechanics to decode before you own it.

Worth knowing

  1. 01The 0.75% expense ratio sits above the typical US value fund's 0.55%, and well above index-built peers like AVLV (0.15%) and WTV (0.12%). Active judgment is the thing you're paying for.
  2. 02Small and thinly traded. Spreads can run wider than at the aisle's giants, and sizable orders can push the price around.
  3. 03In a crowded field of 50-plus US value funds, our review lands it near the back, mostly on cost and trading friction rather than how it follows its mandate.

MAVF Holdings

As of Sep 21, 2026, 7:08 PM
Asset class
Stocks
Holdings
Top-10 weight
54%
Largest holding
MSFT8.2%

Sectors

  • Technology27.8%
  • Financials23.7%
  • Communication15.6%
  • Consumer Discr.12.6%
  • Health Care9.6%
  • Cons. Staples6.9%
  • Industrials3.9%

Geography

  • United States92.65%
  • Ireland7.35%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSFTMicrosoft Corp8.24%15,518$8M792
002GOOGAlphabet Inc7.98%21,552$7M471
003AAPLApple Inc7.14%19,753$7M707
004AMZNAmazon.com Inc6.49%23,770$6M720
005METAMeta Platforms Inc5.23%7,303$5M683
006GNRCGenerac Holdings Inc4.31%19,331$4M215
007QCOMQUALCOMM Inc3.86%20,182$4M523
008MDTMedtronic PLC3.74%37,817$3M262
009TELTE Connectivity PLC3.58%16,187$3M329
010WFCWells Fargo & Co3.56%38,490$3M380
011TMOThermo Fisher Scientific Inc3.40%4,857$3M369
012LOWLowe's Cos Inc3.37%16,255$3M355
013JPMJPMORGAN CHASE & CO.3.33%8,862$3M478
014PEPPepsiCo Inc3.22%23,035$3M447
015PNCPNC Financial Services Group Inc/The3.21%12,793$3M326

Showing 1–15 of 29 holdings

MAVF Performance

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

MAVF$11,888
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. MAVF $11,888. SPY $11,723. Use the arrow keys to read each point.$9,326$10,814$12,302Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 MAVF. Periods over one year show the average yearly return.
PeriodMAVF
Year to date+15.0%
1 month−0.1%
3 months+3.1%
1 year+18.9%
3 yearsHistory unavailableper year
5 yearsHistory unavailableper year
10 yearsHistory unavailableper year

As of the close, 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 MAVF
YearReturn barMAVF
2026 YTD+15.0%
2025+19.5%

History from Feb 24, 2025

MAVF in the news

ETF.net Research hasn’t filed on MAVF yet — coverage lands here as it’s written.

MAVF 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 Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.52 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.52. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.52

MAVF Risk

How much the fund’s monthly returns vary, scaled to a year.
15.0%
Annualised · 18 months to Aug 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.
1.19
vs 3-month T-bills · 18 months to Aug 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.
−16.4%
18 months · trough Apr 2025
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.
1.05
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.

MAVF Cost

Expense ratio0.75%
  • The middle half of US Active Value funds
  • Median 0.55%

51 of the 66 US Active Value funds charge less.

MAVF costs $75.00 a year on $10,000. The median US Active Value fund costs $55.00.