NVQ vs. QVAL
Compare and contrast key facts about QRAFT AI-Enhanced US Next Value ETF (NVQ) and Alpha Architect U.S. Quantitative Value ETF (QVAL).
NVQ and QVAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVQ is an actively managed fund by Exchange Traded Concepts. It was launched on Dec 2, 2020. QVAL is a passively managed fund by EMPIRICAL FINANCE LLC that tracks the performance of the QVAL-US - Alpha Architect Quantitative Value Index. It was launched on Oct 22, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVQ or QVAL.
Correlation
The correlation between NVQ and QVAL is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NVQ vs. QVAL - Performance Comparison
Key characteristics
Returns By Period
NVQ
N/A
N/A
N/A
N/A
N/A
N/A
QVAL
1.97%
-2.28%
4.42%
12.73%
11.28%
6.98%
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NVQ vs. QVAL - Expense Ratio Comparison
NVQ has a 0.75% expense ratio, which is higher than QVAL's 0.49% expense ratio.
Risk-Adjusted Performance
NVQ vs. QVAL — Risk-Adjusted Performance Rank
NVQ
QVAL
NVQ vs. QVAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for QRAFT AI-Enhanced US Next Value ETF (NVQ) and Alpha Architect U.S. Quantitative Value ETF (QVAL). 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.
Dividends
NVQ vs. QVAL - Dividend Comparison
NVQ has not paid dividends to shareholders, while QVAL's dividend yield for the trailing twelve months is around 1.69%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVQ QRAFT AI-Enhanced US Next Value ETF | 0.00% | 100.00% | 1.58% | 1.21% | 1.60% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QVAL Alpha Architect U.S. Quantitative Value ETF | 1.69% | 1.72% | 1.76% | 2.00% | 1.22% | 1.86% | 1.99% | 1.64% | 1.07% | 1.30% | 1.37% | 0.15% |
Drawdowns
NVQ vs. QVAL - Drawdown Comparison
Volatility
NVQ vs. QVAL - Volatility Comparison
The current volatility for QRAFT AI-Enhanced US Next Value ETF (NVQ) is 0.00%, while Alpha Architect U.S. Quantitative Value ETF (QVAL) has a volatility of 3.62%. This indicates that NVQ experiences smaller price fluctuations and is considered to be less risky than QVAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.