- Issuer
- Alpha Architect
- Inception Date
- May 2, 2017
- Category
- Multi-factor
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $22M
Share Price Chart
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Performance
AAVM Performance Chart
Alpha Architect Global Factor Equity ETF (AAVM) is up 16.5% since the beginning of the year. AAVM is currently trading at $34 per share. Investors who bought $1,000 worth of AAVM shares 5 years ago would now be looking at an investment worth $1,392.
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Returns By Period
Alpha Architect Global Factor Equity ETF (AAVM) has returned 16.48% so far this year and 32.41% over the past 12 months.
Alpha Architect Global Factor Equity ETF
- 1D
- 0.96%
- 1M
- -0.01%
- YTD
- 16.48%
- 6M
- 17.33%
- 1Y
- 32.41%
- 3Y*
- 18.17%
- 5Y*
- 6.84%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- -0.17%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 22.93%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
AAVM Monthly Returns History
Based on dividend-adjusted daily data since Jun 13, 2017, AAVM's average daily return is +0.02%, while the average monthly return is +0.48%. At this rate, an investment would double in approximately 12.1 years.
Historically, 58% of months were positive and 42% were negative. The best month was Apr 2026 with a return of +7.8%, while the worst month was Oct 2018 at -9.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 7 months.
On a daily basis, AAVM closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +8.3%, while the worst single day was Apr 4, 2025 at -6.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.58% | 7.79% | -7.57% | 7.83% | 3.00% | -1.23% | 16.48% | ||||||
| 2025 | 2.18% | -3.53% | -2.03% | 1.17% | 5.29% | 3.97% | -1.78% | 3.99% | 3.58% | 0.57% | 2.09% | 2.04% | 18.54% |
| 2024 | 2.01% | 3.98% | 4.32% | -4.70% | 4.94% | -3.50% | 3.18% | 1.49% | 2.04% | -2.38% | 6.54% | -5.55% | 12.07% |
| 2023 | -0.68% | -0.67% | -3.69% | -2.70% | -4.67% | 5.58% | 3.43% | -2.09% | -2.16% | -4.80% | 6.64% | 6.05% | -0.74% |
| 2022 | -6.83% | 1.50% | 1.83% | -3.48% | 1.10% | -5.30% | 1.11% | 3.38% | -0.12% | 5.00% | -2.35% | -2.38% | -7.00% |
| 2021 | 3.52% | -0.71% | 0.94% | 2.38% | -0.22% | -0.43% | 0.38% | 1.69% | -5.06% | 3.78% | -3.70% | 1.26% | 3.52% |
Benchmark Metrics
Alpha Architect Global Factor Equity ETF has an annualized alpha of -1.18%, beta of 0.52, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since June 13, 2017.
- This ETF participated in 70.51% of S&P 500 Index downside but only 49.12% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.52 may look defensive, but with R2 of 0.42 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.42 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -1.18%
- Beta
- 0.52
- R²
- 0.42
- Upside Capture
- 49.12%
- Downside Capture
- 70.51%
Expense Ratio
AAVM has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
AAVM ranks 71 for risk / return — better than 71% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Alpha Architect Global Factor Equity ETF (AAVM) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AAVM | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.34 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 2.53 | +0.47 |
| Martin ratioReturn relative to average drawdown | 12.33 | 11.37 | +0.95 |
Dividends
Dividend History
Alpha Architect Global Factor Equity ETF provided a 1.76% dividend yield over the last twelve months, with an annual payout of $0.61 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.61 | $0.61 | $0.65 | $0.96 | $0.55 | $0.22 | $0.00 | $0.44 | $0.22 | $0.24 |
Dividend yield | 1.76% | 2.05% | 2.54% | 4.13% | 2.24% | 0.82% | 0.00% | 1.76% | 0.93% | 0.81% |
Monthly Dividends
The table displays the monthly dividend distributions for Alpha Architect Global Factor Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 | $0.61 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.65 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.96 | $0.96 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.20 | $0.22 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Alpha Architect Global Factor Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Alpha Architect Global Factor Equity ETF was 34.71%, occurring on Mar 18, 2020. Recovery took 1358 trading sessions.
The current Alpha Architect Global Factor Equity ETF drawdown is 1.23%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -34.71%Mar 2020 | 2y 1mo | 5y 4mo | 7y 6moJan 2018 - Aug 2025 |
2026 correction2026 | -10.85%Mar 2026 | 28d | 18d | 1mo 16dMar 2026 - Apr 2026 |
2026 pullback2026 | -5.04%Jun 2026 | 9d | — | 12d 18hJun 2026 - now |
2025 pullback2025 | -4.64%Nov 2025 | 7d | 8d | 15dNov 2025 - Nov 2025 |
2025 pullback2025 | -3.72%Oct 2025 | 3d | 17d | 20dOct 2025 - Oct 2025 |
Drawdown Indicators
| AAVM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.71% | -56.78% | +22.07% |
Max Drawdown (1Y)Largest decline over 1 year | -10.85% | -9.10% | -1.75% |
Max Drawdown (3Y)Largest decline over 3 years | -20.23% | -18.90% | -1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -23.73% | -25.43% | +1.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.23% | -2.34% | +1.11% |
Average DrawdownAverage peak-to-trough decline | -13.28% | -10.72% | -2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 2.02% | +0.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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