YOKE vs. QVAL

Last updated Aug 2, 2026

YOKE (Yoke Core ETF) and QVAL (Alpha Architect U.S. Quantitative Value ETF) are both exchange-traded funds - YOKE is a Large Cap Blend Equities fund actively managed by Alpha Architect, while QVAL is a Mid Cap Value Equities fund actively managed by Alpha Architect. Both are actively managed. Over the past year, YOKE returned 22.33% vs 39.46% for QVAL. Their 0.60 correlation means they have sometimes moved together and sometimes differently. YOKE charges 0.30%/yr vs 0.28%/yr for QVAL.

Performance

YOKE vs. QVAL - Performance Comparison

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

Returns By Period

In the year-to-date period, YOKE achieves a 17.33% return, which is significantly lower than QVAL's 20.72% return.

YOKE

• 1D: 0.71%
• 1M: -0.12%
• 6M: 12.09%
• YTD: 17.33%
• 1Y: 22.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.92%

QVAL

• 1D: -0.54%
• 1M: 3.77%
• 6M: 14.38%
• YTD: 20.72%
• 1Y: 39.46%
• 3Y*: 18.55%
• 5Y*: 12.93%
• 10Y*: 11.94%
• ALL TIME*: 11.53%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QVAL Alpha Architect U.S. Quantitative Value ETF	$1.37M	$1.75M	$1.48M
YOKE Yoke Core ETF	$98.43K	$131.46K	$212.39K

YOKE vs. QVAL - Yearly Performance Comparison

	2026 (YTD)	2025
YOKE Yoke Core ETF	17.33%	9.19%
QVAL Alpha Architect U.S. Quantitative Value ETF	20.72%	11.21%

Correlation

The correlation between YOKE and QVAL is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.53
Correlation (All Time) Calculated using the full available price history since Feb 24, 2025	0.60

The correlation between YOKE and QVAL has been stable across timeframes, ranging from 0.53 to 0.60 - a consistent structural relationship.

Return for Risk

YOKE vs. QVAL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

YOKE

YOKE Risk / Return Rank: 66
YOKE Sharpe Ratio Rank: 61
YOKE Sortino Ratio Rank: 64
YOKE Omega Ratio Rank: 59
YOKE Calmar Ratio Rank: 71
YOKE Martin Ratio Rank: 75

QVAL

QVAL Risk / Return Rank: 94
QVAL Sharpe Ratio Rank: 94
QVAL Sortino Ratio Rank: 95
QVAL Omega Ratio Rank: 92
QVAL Calmar Ratio Rank: 96
QVAL Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

YOKE vs. QVAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Yoke Core ETF (YOKE) 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.

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.

	YOKE	QVAL	Difference
Sharpe ratio: Return per unit of total volatility	1.47	2.60	-1.13
Sortino ratio: Return per unit of downside risk	2.17	3.92	-1.76
Omega ratio: Gain probability vs. loss probability	1.26	1.44	-0.18
Calmar ratio: Return relative to maximum drawdown	2.52	6.18	-3.66
Martin ratio: Return relative to average drawdown	9.54	19.14	-9.60

YOKE vs. QVAL - Sharpe Ratio Comparison

The current YOKE Sharpe Ratio is 1.47, which is lower than the QVAL Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of YOKE and QVAL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

YOKE vs. QVAL - Drawdown Comparison

The maximum YOKE drawdown since its inception was -14.94%, smaller than the maximum QVAL drawdown of -51.49%. Use the drawdown chart below to compare losses from any high point for YOKE and QVAL.

Drawdown Indicators

	YOKE	QVAL	Difference
Max Drawdown Largest peak-to-trough decline	-14.94%	-51.49%	+36.55%
Max Drawdown (1Y) Largest decline over 1 year	-8.57%	-6.04%	-2.53%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.17%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-51.49%	—
Current Drawdown Current decline from peak	-3.19%	-1.04%	-2.15%
Average Drawdown Average peak-to-trough decline	-1.97%	-7.69%	+5.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	1.95%	+0.31%

Volatility

YOKE vs. QVAL - Volatility Comparison

Yoke Core ETF (YOKE) has a higher volatility of 4.15% compared to Alpha Architect U.S. Quantitative Value ETF (QVAL) at 3.51%. This indicates that YOKE's price experiences larger fluctuations and is considered to be riskier than QVAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YOKE	QVAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.15%	3.51%	+0.64%
Volatility (6M) Calculated over the trailing 6-month period	12.61%	10.20%	+2.41%
Volatility (1Y) Calculated over the trailing 1-year period	14.69%	14.34%	+0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.21%	21.56%	-4.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.21%	22.70%	-5.49%

YOKE vs. QVAL - Expense Ratio Comparison

YOKE has a 0.30% expense ratio, which is higher than QVAL's 0.28% expense ratio.

Dividends

YOKE vs. QVAL - Dividend Comparison

YOKE's dividend yield for the trailing twelve months is around 0.73%, less than QVAL's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QVAL Alpha Architect U.S. Quantitative Value ETF	1.42%	1.44%	1.72%	1.76%	2.00%	1.23%	1.86%	1.99%	1.64%	1.08%	1.30%
YOKE Yoke Core ETF	0.73%	0.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YOKE and QVAL in my portfolio?

YOKE and QVAL have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YOKE or QVAL?

YOKE has higher volatility (4.15%) compared to QVAL (3.51%). In terms of maximum drawdown, YOKE dropped -14.94% vs QVAL's -51.49%.

Which ETF is better, YOKE or QVAL?

On 1-year performance, QVAL leads with 39.46% vs 22.33% for YOKE. On fees, QVAL is cheaper at 0.28% per year. On volatility, QVAL has been the lower-risk option at 3.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YOKE or QVAL?

Over the 1-year period, QVAL has performed better with a 39.46% return vs 22.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YOKE or QVAL?

QVAL is cheaper with a 0.28% expense ratio, compared with 0.30% for YOKE.

Which ETF pays a higher dividend yield, YOKE or QVAL?

QVAL has the higher dividend yield at 1.42%, compared with 0.73% for YOKE.

What is the main difference between YOKE and QVAL?

YOKE is categorized as Large Cap Blend Equities, while QVAL is Mid Cap Value Equities. Their fees differ too: 0.30% for YOKE and 0.28% for QVAL.

Which has better risk-adjusted returns?

QVAL currently has the higher Sharpe Ratio (2.60 vs 1.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.