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QVALvsPAPIETF Comparison

ETF 1

QVAL

Alpha Architect U.S. Quantitative Value ETF

This fund is part of

US Multi-Factor

-0.05%

Full QVAL fund page

VS

ETF 2

PAPI

Parametric Equity Premium Income ETF

This fund is part of

Options Strategies

-0.03%

Full PAPI fund page

Alpha Architect U.S. Quantitative Value ETF (QVAL) belongs to the US Multi-Factor segment. Parametric Equity Premium Income ETF (PAPI) is part of the Options Strategies segment. QVAL's top 3 sector exposures are Consumer Discretionary, Industrials and Information Technology. In contrast, PAPI's top sector exposures are Energy, Information Technology and Consumer Discretionary. Both QVAL and PAPI have the same Total Expense Ratio (TER) of 0.29%. QVAL is up 10.08% year-to-date (YTD) with +$16M in YTD flows. PAPI performs worse with 5.33% YTD performance, and +$88M in YTD flows. Run a side-by-side ETF comparison of QVAL and PAPI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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QVAL vs PAPI performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QVAL PAPI	+4.77%-1.89%	+4.20%+0.62%	+10.08%+5.33%	+31.86%+13.30%	+69.47%n/a	+70.93%n/a
Flows	QVAL PAPI	-$445K+$30M	-$31M+$78M	+$16M+$88M	+$50M+$163M	+$101M-	+$145M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QVAL PAPI	+15.30%+10.14%	+15.01%+10.35%	+17.82%n/a	+21.70%n/a
Max drawdown	QVAL PAPI	-5.94%-5.39%	-5.94%-5.39%	-21.39%n/a	-27.03%n/a
Max drawdown duration	QVAL PAPI	56d57d	56d57d	302dn/a	653dn/a

Trading data

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	QVAL	PAPI
Last sale 4/30/2026 at 4:34 PM	$54.25	$26.85
Previous close 04/29/2026	$53.41	$26.68
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 4/30/2026 at 4:34 PM

Live

Closed

	QVAL	PAPI
Last price	$54.25	$26.85
1D performance	+1.56%	+0.64%
AuM	$503.66 M	$365.11 M
E/R	0.29%	0.29%

Characteristics

	QVAL	PAPI
Management strategy	Active	Active
Provider	Alpha Architect	Morgan Stanley
Benchmark	-	-
N° of holdings	49	183
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	October 22, 2014	October 19, 2023
ESG	No	No

More QVAL data on Trackinsight

More PAPI data on Trackinsight

Exposure

Countries

QVAL

USA

95.88%

Other

4.12%

PAPI

USA

88.73%

Other

11.27%

Sectors

QVAL

Consumer Discreti.

32.03%

Industrials

15.93%

Information Techn.

14%

Health Care

9.99%

Materials

7.95%

Other

20.1%

PAPI

Energy

11.8%

Information Techn.

11.24%

Consumer Discreti.

10.11%

Utilities

9.9%

Materials

9.88%

Industrials

9.4%

Other

37.67%

Diversification

QVAL

Total weight of top 15 holdings out of 15

30.18%

PAPI

Total weight of top 15 holdings out of 15

10.87%

Top 15 holdings

Data as of March 31, 2026

QVAL

YETI HOLDINGS INC

2.03%

BRINKER INTERNATIONAL

2.02%

PFIZER

2.02%

EPAM SYSTEMS

2.01%

COGNIZANT TECHNOLOGY SOLUTN

2.01%

TD SYNNEX

2.01%

URBAN OUTFITTERS

2.01%

GROUP 1 AUTOMOTIVE

2.01%

HF SINCLAIR CORPORATION

2.01%

LAMB WESTON HOLDINGS

2.01%

DECKERS OUTDOOR

2.01%

BEST BUY

2.01%

ZOOM VIDEO COMMUNICATIONS INC

2.01%

THE GAP

2.01%

UTD THERAPEUT

2.00%

PAPI

PATTERSON UTI

0.84%

US71424F1057

0.82%

CORNING

0.76%

VALERO ENERGY

0.75%

LYONDELLBASELL INDUSTRIES

0.74%

GB00BMXNWH07

0.73%

PHILLIPS 66

0.73%

MAGNOLIA OIL AND GAS CORP

0.72%

CHORD ENERGY CORPORATION

0.70%

EXXON

0.69%

DOW INC

0.69%

CHEVRON TEXACO

0.69%

INTERNATIONAL SEAWAYS

0.68%

ROYALTY PHARMA

0.67%

COTERRA ENERGY

0.67%

Frequently asked questions about QVAL and PAPI

How have the QVAL and PAPI ETFs performed in 2026?

As of April 29, 2026, QVAL is up 10.08% year-to-date (YTD), while PAPI has returned 5.33%. That puts QVAL better performer ahead so far this year.

Which ETF is attracting more investor money: QVAL or PAPI?

Year-to-date, the QVAL ETF saw +$16M in flows, compared to +$88M for PAPI.

Which ETF is more volatile: QVAL or PAPI?

Over the past year, QVAL had a volatility of 15.01%, while PAPI experienced 10.35%.

Which ETF is bigger: QVAL or PAPI?

As of April 29, 2026, QVAL holds $503.66 M in assets under management (AUM), while PAPI manages $365.11 M.

What sectors do the QVAL and PAPI ETFs invest in?

QVAL leans toward sectors like Consumer Discretionary, Industrials and Information Technology. Meanwhile, PAPI focuses on Energy, Information Technology and Consumer Discretionary.

What are the top holdings of the QVAL ETF and PAPI ETF?

QVAL top holdings include YETI HOLDINGS INC, BRINKER INTERNATIONAL and PFIZER. PAPI holds in its top three: PATTERSON UTI, US71424F1057 and CORNING.

Which ETF is more diversified: QVAL or PAPI?

QVAL holds 50 securities with 30.18% of its assets in the top 15. PAPI has 188 securities and a top 15 weight of 10.87%.

Three Things You Need to Know Before Investing in an Active ETF

September 5, 2024

QVAL

QVALvsPAPIETF Comparison

Alpha Architect U.S. Quantitative Value ETF

Parametric Equity Premium Income ETF

QVAL vs PAPI performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the QVAL and PAPI ETFs performed in 2026?

As of April 29, 2026, QVAL is up 10.08% year-to-date (YTD), while PAPI has returned 5.33%. That puts QVAL better performer ahead so far this year.

Which ETF is attracting more investor money: QVAL or PAPI?

Year-to-date, the QVAL ETF saw +$16M in flows, compared to +$88M for PAPI.

Which ETF is more volatile: QVAL or PAPI?

Over the past year, QVAL had a volatility of 15.01%, while PAPI experienced 10.35%.

Which ETF is bigger: QVAL or PAPI?

As of April 29, 2026, QVAL holds $503.66 M in assets under management (AUM), while PAPI manages $365.11 M.

What sectors do the QVAL and PAPI ETFs invest in?

QVAL leans toward sectors like Consumer Discretionary, Industrials and Information Technology. Meanwhile, PAPI focuses on Energy, Information Technology and Consumer Discretionary.

What are the top holdings of the QVAL ETF and PAPI ETF?

QVAL top holdings include YETI HOLDINGS INC, BRINKER INTERNATIONAL and PFIZER. PAPI holds in its top three: PATTERSON UTI, US71424F1057 and CORNING.

Which ETF is more diversified: QVAL or PAPI?

QVAL holds 50 securities with 30.18% of its assets in the top 15. PAPI has 188 securities and a top 15 weight of 10.87%.

Three Things You Need to Know Before Investing in an Active ETF

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