QVAL

QVAL: U.S. Quantitative Value ETF

THE STRATEGY SEEKS TO BUY THE CHEAPEST, HIGHEST QUALITY VALUE STOCKS

The strategy stock selection algorithm is fully automated.

The stock selection process identifies a portfolio that generally holds 50 stocks.

The strategy seeks to invest in the cheapest, highest quality value stocks.

As of Date
03/29/2023

Ticker	Index Ticker	CUSIP	Inception	Expense Ratio	Premium / Discount	AUM ($mm)	Shares
QVAL		02072L102	10/22/2014	0.39	-0.05%	240.16	7,230,000

NAV	Change ($)	Change (%)
33.22	0.03	0.08

Market Price	Change ($)	Change (%)
33.20	-0.03	-0.09

Period
12/30/2022
12/31/2021