ETF Evaluator:
Cambria Global Value ETF ()
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(as of Aug 26)
Best Performing in Foreign Large Value Over the Last Year
| 42.4% | GMO International Value ETF (GMOI) |
| 42.0% | JPMorgan International Value ETF (JIVE) |
| 40.1% | Schwab Fundamental International Eq ETF (FNDF) |
| 39.7% | Cambria Global Value ETF (GVAL) |
| 39.3% | Invesco RAFI Developed Markets ex-US ETF (PXF) |
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Risk
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ETF Details
Cambria Global Value ETF Overview
Cambria Global Value ETF (GVAL) is an actively managed International Equity Foreign Large Value exchange-traded fund (ETF). Cambria launched the ETF in 2014.
The investment seeks income and capital appreciation.
The fund is actively managed and seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities, including common stock and depositary receipts, issued by publicly listed companies in developed and emerging markets that exhibit strong value characteristics. The fund’s investment adviser, Cambria Investment Management, L.P. (“Cambria” or the “Adviser”), uses its own proprietary rules-based quantitative algorithm to select its holdings.
About Cambria Global Value ETF (GVAL)
There are 2 members of the management team with an average tenure of 7.16 years: Mebane Faber (2014) and Jonathan Keetz (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. Cambria Global Value ETF has 122 securities in its portfolio. The top 10 holdings constitute 22.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Cambria Global Value ETF is part of the Equity global asset class and is within the International Equity ETF group. Cambria Global Value ETF has 96.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.6% There is 96.3% allocated to foreign stock, and 0.2% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Cambria Global Value ETF has 2.7% of the portfolio in cash.
Assets Under Management
The fund has $583 million in total assets, which is below the $2 billion average for the Foreign Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GVAL Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Cambria Global Value ETF expense ratio is above average compared to funds in the Foreign Large Value category. Cambria Global Value ETF has an expense ratio of 0.66%, which is 43% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Cambria Global Value ETF has a portfolio turnover rate of 21%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 44% for the Foreign Large Value category.
Recently, in the month of July 2026, Cambria Global Value ETF returned 3.6%, which earned it a grade of D, as the Foreign Large Value category had an average return of 4.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Cambria Global Value ETF has a trailing yield of 2.38%, which is below the 3.26% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Cambria Global Value ETF Grades
Year to date, the ETF has returned 19.7%, 4.7 percentage points better than the category, which translates into a grade of A. The fund has returned 39.7% over the past year (grade of A), 25.0% over the past three years (grade of A) and 15.0% per year over the past five years (grade of A) and 11.0% per year over the past 10 years (grade of B).
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GVAL Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GVAL Return (NAV) | 3.6% | 6.9% | 39.7% | 25.0% | 15.0% | 11.0% |
| GVAL Return (Price) | 3.8% | 7.0% | 40.2% | 25.3% | 15.1% | 11.0% |
| NAV +/- Price Return | -0.189% | -0.134% | -0.450% | -0.335% | -0.109% | -0.042% |
| Foreign Large Value Avg | 4.5% | 5.1% | 30.8% | 19.8% | 12.1% | 9.9% |
| GVAL Grade (NAV) | D | A | A | A | A | B |
| +/- Category (NAV) | -0.9% | 1.8% | 9.0% | 5.2% | 2.8% | 1.0% |
| GVAL Tax-Cost Ratio | na | na | 1.1% | 1.5% | 1.8% | 1.5% |
GVAL Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GVAL Return (NAV) | 19.7% | 55.1% | 3.0% | 13.8% | -8.4% | 10.8% | -8.2% | 16.4% | -13.5% | 28.8% | 16.1% |
| GVAL Return (Price) | 20.2% | 55.9% | 2.6% | 13.3% | -7.9% | 10.7% | -8.5% | 17.2% | -14.3% | 29.5% | 17.2% |
| NAV +/- Price Ret | 0.028% | 0.014% | -0.109% | -0.032% | -0.056% | -0.013% | 0.035% | 5.0% | 6.5% | 2.6% | 6.8% |
| Foreign Large Value Avg | 15.0% | 38.6% | 4.7% | 16.7% | -8.9% | 12.3% | -0.7% | 18.8% | -13.7% | 23.2% | 6.9% |
| GVAL Grade (NAV) | A | A | D | F | C | D | F | D | C | A | A |
| +/- Category | 4.7% | 16.6% | -1.8% | -3.0% | 0.5% | -1.5% | -7.5% | -2.4% | 0.2% | 5.6% | 9.2% |
| Risk Measures | |
| Beta: | 0.78 |
| R-Squared: | 69% |
| Standard Deviation: | 13.0% |
| Category Risk Index: | 1.03 |
| Category Risk Rating: | Above Average |
| Total Risk Index: | 1.06 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 2.4% |
| Total Assets: | $ 584 Mil |
| Share Class Assets: | $ 584 Mil |
| Turnover: | 21.0% |
| Expense Ratio: | 0.66% |
| Index Fund: | No |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 12.4 years | |||
| Average Tenure: 7.2 years | |||
| Managers (Year): Faber Mebane (2014), Keetz Jonathan (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 122 |
| % in Top 10 Holdings: | 22.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 96.3% |
Portfolio Allocation |
|
| Domestic Stock: | 0.6% |
| Foreign Stock: | 96.3% |
| Preferred Stock: | 0.2% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.2% |
| Cash: | 2.7% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Cambria |
| Phone Number: | 855-383-4636 |
| Website: | www.cambriafunds.com |
| Inception Date: | March 11, 2014 |
Expenses and Fees
| Expense Ratio (%): | 0.66% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.46% |
