QVAL vs. BOXX
Compare and contrast key facts about Alpha Architect U.S. Quantitative Value ETF (QVAL) and Alpha Architect 1-3 Month Box ETF (BOXX).
QVAL and BOXX 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. BOXX is a passively managed fund by Alpha Architect that tracks the performance of the Solactive 1-3 Month US T-Bill Index. It was launched on Dec 27, 2022.
Performance
QVAL vs. BOXX - Performance Comparison
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QVAL vs. BOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QVAL Alpha Architect U.S. Quantitative Value ETF | 7.30% | 10.98% | 12.21% | 28.40% | 1.04% |
BOXX Alpha Architect 1-3 Month Box ETF | 1.03% | 4.37% | 5.16% | 5.04% | 0.07% |
Returns By Period
In the year-to-date period, QVAL achieves a 7.30% return, which is significantly higher than BOXX's 1.03% 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%
BOXX
- 1D
- 0.11%
- 1M
- 0.40%
- YTD
- 1.03%
- 6M
- 2.13%
- 1Y
- 4.31%
- 3Y*
- 4.83%
- 5Y*
- —
- 10Y*
- —
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QVAL vs. BOXX - Expense Ratio Comparison
QVAL has a 0.28% expense ratio, which is higher than BOXX's 0.19% expense ratio.
Return for Risk
QVAL vs. BOXX — Risk / Return Rank
QVAL
BOXX
QVAL vs. BOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alpha Architect U.S. Quantitative Value ETF (QVAL) and Alpha Architect 1-3 Month Box ETF (BOXX). 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 | BOXX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | 13.56 | -12.35 |
Sortino ratioReturn per unit of downside risk | 1.85 | 47.23 | -45.38 |
Omega ratioGain probability vs. loss probability | 1.26 | 10.69 | -9.43 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 120.87 | -119.17 |
Martin ratioReturn relative to average drawdown | 7.34 | 720.99 | -713.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QVAL | BOXX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 13.56 | -12.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | — | — |
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 | 13.15 | -12.68 |
Correlation
The correlation between QVAL and BOXX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
QVAL vs. BOXX - Dividend Comparison
QVAL's dividend yield for the trailing twelve months is around 1.56%, while BOXX has not paid dividends to shareholders.
| 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% |
BOXX Alpha Architect 1-3 Month Box ETF | 0.00% | 0.00% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QVAL vs. BOXX - Drawdown Comparison
The maximum QVAL drawdown since its inception was -51.49%, which is greater than BOXX's maximum drawdown of -0.12%. Use the drawdown chart below to compare losses from any high point for QVAL and BOXX.
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Drawdown Indicators
| QVAL | BOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.49% | -0.12% | -51.37% |
Max Drawdown (1Y)Largest decline over 1 year | -14.61% | -0.04% | -14.57% |
Max Drawdown (5Y)Largest decline over 5 years | -27.17% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.49% | — | — |
Current DrawdownCurrent decline from peak | -2.87% | 0.00% | -2.87% |
Average DrawdownAverage peak-to-trough decline | -7.91% | 0.00% | -7.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 0.01% | +3.38% |
Volatility
QVAL vs. BOXX - Volatility Comparison
Alpha Architect U.S. Quantitative Value ETF (QVAL) has a higher volatility of 4.37% compared to Alpha Architect 1-3 Month Box ETF (BOXX) at 0.13%. This indicates that QVAL's price experiences larger fluctuations and is considered to be riskier than BOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QVAL | BOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.37% | 0.13% | +4.24% |
Volatility (6M)Calculated over the trailing 6-month period | 10.21% | 0.24% | +9.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.19% | 0.32% | +19.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.64% | 0.37% | +21.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.80% | 0.37% | +22.43% |