IVAL ETF — Alpha Architect International Quantitative Value ETF

Alpha Architect International Quantitative Value ETF (IVAL)

IVAL is an ETF. its distribution rate is 2.27%, its trailing-12-month yield is 2.27%, its expense ratio is 0.38%. Dividend Vision Distribution Safety Score™ is 72/100 (Generally safe). Total return is 114.8% over the past 11.8 years, 245.8 points behind SPY at 360.6%.

At the current 2.27% distribution rate, a $10,000 investment would generate approximately $227 per year, or about $56.75 per quarter if the next payment matches the last regular one.

Alpha Architect International Quantitative Value ETF is an equity ETF that uses a quantitative, rules-based methodology to identify approximately 50 to 200 undervalued international exchange-listed companies with potential for capital appreciation, investing at least 80% of assets in such value companies. The fund distributes quarterly at a modest current distribution rate, and carries an expense ratio of 0.38%. It may appeal to value-oriented investors seeking international equity exposure with a quantitative selection approach.

IVAL performance versus SPY

Price and return data through 2026-09-18.

Total return is 114.8% over the past 11.8 years, 245.8 points behind SPY at 360.6%. Over the past year its total return — price change plus distributions reinvested — is 23.8%. Its deepest 1-year drawdown was 11.2%.

IVAL key facts

Distribution Safety Score™

72 · Generally safe

Safety-Adjusted Yield

1.63%

Issuer

Alpha Architect

Asset type

ETF

Asset class

Equity

Inception date

12/16/2014

Expense ratio

0.38%

Distribution rate

2.27%

Distribution frequency

Quarterly

Trailing yield

2.27%

Last close

$36.92 (as of 2026-09-18)

NAV

$36.86

Premium / discount

0.16% premium

AUM

$224,853,618

Average volume

9900.0

Last dividend

$0.399

Last ex-dividend date

06/29/2026 (as of 2026-06-29)

Last payment date

07/02/2026 (as of 2026-07-02)

Beta

0.87

P/E ratio

12.0677

How Dividend Vision calculates yield and returns

Distribution rate (2.27%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.27%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Alpha Architect; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IVAL risks and drawbacks

IVAL's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.2%.

Who may consider IVAL — and who may not

IVAL may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (IVAL pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Alpha Architect.