QVAL vs. AUSF

Last updated Apr 1, 2026

Compare and contrast key facts about Alpha Architect U.S. Quantitative Value ETF (QVAL) and Global X Adaptive U.S. Factor ETF (AUSF).

QVAL and AUSF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QVAL is an actively managed fund by Alpha Architect. It was launched on Oct 22, 2014. AUSF is a passively managed fund by Global X that tracks the performance of the Adaptive Wealth Strategies U.S. Factor Index. It was launched on Aug 24, 2018.

Performance

QVAL vs. AUSF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect U.S. Quantitative Value ETF (QVAL) and Global X Adaptive U.S. Factor ETF (AUSF). The values are adjusted to include any dividend payments, if applicable.

QVAL vs. AUSF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QVAL Alpha Architect U.S. Quantitative Value ETF	7.30%	10.98%	12.21%	28.40%	-11.80%	34.40%	-5.93%	24.06%	-21.94%
AUSF Global X Adaptive U.S. Factor ETF	4.93%	13.69%	16.05%	22.26%	-0.18%	27.48%	1.27%	24.06%	-10.79%

Returns By Period

In the year-to-date period, QVAL achieves a 7.30% return, which is significantly higher than AUSF's 4.93% return.

QVAL

• 1D: 2.26%
• 1M: -2.23%
• YTD: 7.30%
• 6M: 12.78%
• 1Y: 24.34%
• 3Y*: 17.50%
• 5Y*: 11.66%
• 10Y*: 10.16%

AUSF

• 1D: 1.17%
• 1M: -3.55%
• YTD: 4.93%
• 6M: 5.58%
• 1Y: 14.03%
• 3Y*: 19.98%
• 5Y*: 13.81%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QVAL vs. AUSF - Expense Ratio Comparison

QVAL has a 0.28% expense ratio, which is higher than AUSF's 0.27% expense ratio.

QVAL

Alpha Architect U.S. Quantitative Value ETF

AUSF

Global X Adaptive U.S. Factor ETF

Return for Risk

QVAL vs. AUSF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QVAL

QVAL Risk / Return Rank: 72
QVAL Sharpe Ratio Rank: 71
QVAL Sortino Ratio Rank: 76
QVAL Omega Ratio Rank: 72
QVAL Calmar Ratio Rank: 70
QVAL Martin Ratio Rank: 74

AUSF

AUSF Risk / Return Rank: 59
AUSF Sharpe Ratio Rank: 58
AUSF Sortino Ratio Rank: 56
AUSF Omega Ratio Rank: 57
AUSF Calmar Ratio Rank: 58
AUSF Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QVAL vs. AUSF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect U.S. Quantitative Value ETF (QVAL) and Global X Adaptive U.S. Factor ETF (AUSF). 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.

	QVAL	AUSF	Difference
Sharpe ratio Return per unit of total volatility	1.21	0.98	+0.23
Sortino ratio Return per unit of downside risk	1.85	1.40	+0.45
Omega ratio Gain probability vs. loss probability	1.26	1.20	+0.05
Calmar ratio Return relative to maximum drawdown	1.70	1.40	+0.30
Martin ratio Return relative to average drawdown	7.34	6.04	+1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QVAL vs. AUSF - Sharpe Ratio Comparison

The current QVAL Sharpe Ratio is 1.21, which is comparable to the AUSF Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of QVAL and AUSF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QVAL	AUSF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	0.98	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	1.01	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.64	-0.18

Correlation

The correlation between QVAL and AUSF is 0.80, 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.

Dividends

QVAL vs. AUSF - Dividend Comparison

QVAL's dividend yield for the trailing twelve months is around 1.56%, less than AUSF's 2.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QVAL Alpha Architect U.S. Quantitative Value ETF	1.56%	1.44%	1.72%	1.76%	2.00%	1.23%	1.86%	1.99%	1.64%	1.08%	1.30%
AUSF Global X Adaptive U.S. Factor ETF	2.71%	2.78%	2.63%	1.83%	2.51%	2.22%	2.95%	4.02%	1.46%	0.00%	0.00%

Drawdowns

QVAL vs. AUSF - Drawdown Comparison

The maximum QVAL drawdown since its inception was -51.49%, which is greater than AUSF's maximum drawdown of -44.25%. Use the drawdown chart below to compare losses from any high point for QVAL and AUSF.

Drawdown Indicators

	QVAL	AUSF	Difference
Max Drawdown Largest peak-to-trough decline	-51.49%	-44.25%	-7.24%
Max Drawdown (1Y) Largest decline over 1 year	-14.61%	-10.84%	-3.77%
Max Drawdown (5Y) Largest decline over 5 years	-27.17%	-14.23%	-12.94%
Max Drawdown (10Y) Largest decline over 10 years	-51.49%	—	—
Current Drawdown Current decline from peak	-2.87%	-3.90%	+1.03%
Average Drawdown Average peak-to-trough decline	-7.91%	-4.26%	-3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	2.51%	+0.88%

Volatility

QVAL vs. AUSF - Volatility Comparison

Alpha Architect U.S. Quantitative Value ETF (QVAL) has a higher volatility of 4.37% compared to Global X Adaptive U.S. Factor ETF (AUSF) at 3.22%. This indicates that QVAL's price experiences larger fluctuations and is considered to be riskier than AUSF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QVAL	AUSF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.37%	3.22%	+1.15%
Volatility (6M) Calculated over the trailing 6-month period	10.21%	7.44%	+2.77%
Volatility (1Y) Calculated over the trailing 1-year period	20.19%	14.41%	+5.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.64%	13.69%	+7.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.80%	19.25%	+3.55%