IVAL vs. FWD
Compare and contrast key facts about Alpha Architect International Quantitative Value ETF (IVAL) and AB Disruptors ETF (FWD).
IVAL and FWD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVAL is an actively managed fund by Alpha Architect. It was launched on Dec 16, 2014. FWD is an actively managed fund by AllianceBernstein. It was launched on Mar 21, 2023.
Performance
IVAL vs. FWD - Performance Comparison
Loading graphics...
IVAL vs. FWD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IVAL Alpha Architect International Quantitative Value ETF | 10.27% | 34.92% | -0.71% | 16.06% |
FWD AB Disruptors ETF | 6.18% | 32.00% | 29.23% | 25.66% |
Returns By Period
In the year-to-date period, IVAL achieves a 10.27% return, which is significantly higher than FWD's 6.18% return.
IVAL
- 1D
- 1.71%
- 1M
- -3.41%
- YTD
- 10.27%
- 6M
- 15.79%
- 1Y
- 39.40%
- 3Y*
- 18.19%
- 5Y*
- 8.56%
- 10Y*
- 7.93%
FWD
- 1D
- 2.12%
- 1M
- -5.85%
- YTD
- 6.18%
- 6M
- 8.22%
- 1Y
- 56.74%
- 3Y*
- 29.39%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IVAL vs. FWD - Expense Ratio Comparison
IVAL has a 0.39% expense ratio, which is lower than FWD's 0.65% expense ratio.
Return for Risk
IVAL vs. FWD — Risk / Return Rank
IVAL
FWD
IVAL vs. FWD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alpha Architect International Quantitative Value ETF (IVAL) and AB Disruptors ETF (FWD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| IVAL | FWD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.24 | 1.97 | +0.27 |
Sortino ratioReturn per unit of downside risk | 2.98 | 2.59 | +0.40 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 3.52 | 4.27 | -0.75 |
Martin ratioReturn relative to average drawdown | 13.58 | 14.34 | -0.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IVAL | FWD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.24 | 1.97 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 1.28 | -0.94 |
Correlation
The correlation between IVAL and FWD is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IVAL vs. FWD - Dividend Comparison
IVAL's dividend yield for the trailing twelve months is around 2.73%, more than FWD's 0.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVAL Alpha Architect International Quantitative Value ETF | 2.73% | 2.75% | 3.60% | 5.15% | 8.00% | 3.95% | 2.07% | 2.51% | 2.93% | 1.73% | 2.02% | 1.86% |
FWD AB Disruptors ETF | 0.11% | 0.11% | 1.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IVAL vs. FWD - Drawdown Comparison
The maximum IVAL drawdown since its inception was -46.09%, which is greater than FWD's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for IVAL and FWD.
Loading graphics...
Drawdown Indicators
| IVAL | FWD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.09% | -29.02% | -17.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.24% | -13.50% | +2.26% |
Max Drawdown (5Y)Largest decline over 5 years | -31.01% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.09% | — | — |
Current DrawdownCurrent decline from peak | -5.52% | -6.71% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -12.12% | -4.23% | -7.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 4.02% | -1.11% |
Volatility
IVAL vs. FWD - Volatility Comparison
The current volatility for Alpha Architect International Quantitative Value ETF (IVAL) is 6.68%, while AB Disruptors ETF (FWD) has a volatility of 10.91%. This indicates that IVAL experiences smaller price fluctuations and is considered to be less risky than FWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IVAL | FWD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 10.91% | -4.23% |
Volatility (6M)Calculated over the trailing 6-month period | 11.48% | 19.58% | -8.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.66% | 28.90% | -11.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.68% | 24.64% | -6.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.92% | 24.64% | -5.72% |