ETF Evaluator:
Matrix Advisors Value ETF ()
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(as of Aug 25)
Best Performing in Large Value Over the Last Year
| 72.4% | iShares MSCI USA Value Factor ETF (VLUE) |
| 39.0% | SEI QiM U.S. Lrg Cap Value Actv ETF (SEIV) |
| 34.8% | LSV Disciplined Value ETF (LSVD) |
| 34.7% | iShares Core Dividend ETF (DIVB) |
| 34.4% | Avantis US Large Cap Value ETF (AVLV) |
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ETF Details
Matrix Advisors Value ETF Overview
Matrix Advisors Value ETF (MAVF) is an actively managed U.S. Equity Large Value exchange-traded fund (ETF). Matrix Asset Advisors Inc launched the ETF in 1996.
The investment seeks to achieve a total rate of return which is comprised of capital appreciation and current income.
Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in U.S. companies that satisfy Matrix Asset Advisors, Inc.’s (“Matrix” or the “Sub-Adviser”) definition of value. The fund is non-diversified.
About Matrix Advisors Value ETF (MAVF)
There are 1 members of the management team with an average tenure of 30.10 years: David Katz (1996). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Russell 1000 Value TR USD index with a weighting of 100%. Matrix Advisors Value ETF has 29 securities in its portfolio. The top 10 holdings constitute 52.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Matrix Advisors Value ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Matrix Advisors Value ETF has 3.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.0% There is 3.6% allocated to foreign stock, and 0.0% 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). Matrix Advisors Value ETF has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $92 million in total assets, which is below the $5 billion average for the 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.
MAVF 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 Matrix Advisors Value ETF expense ratio is above average compared to funds in the Large Value category. Matrix Advisors Value ETF has an expense ratio of 0.75%, which is 101% 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. Matrix Advisors Value ETF has a portfolio turnover rate of 26%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.
Recently, in the month of July 2026, Matrix Advisors Value ETF returned 1.7%, which earned it a grade of D, as the Large Value category had an average return of 2.4%. 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.
Matrix Advisors Value ETF has a trailing yield of 0.23%, which is below the 1.70% category average.
The fund normally distributes its income monthly 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.
Matrix Advisors Value ETF Grades
Year to date, the ETF has returned 13.3%, 1.1 percentage points worse than the category, which translates into a grade of C. The fund has returned 24.9% over the past year (grade of C), 20.9% over the past three years (grade of A) and 12.1% per year over the past five years (grade of C) and 13.3% per year over the past 10 years (grade of B).
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MAVF 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 |
|
| MAVF Return (NAV) | 1.7% | 3.9% | 24.9% | 20.9% | 12.1% | 13.3% |
| MAVF Return (Price) | 0.5% | 4.8% | 23.6% | 20.4% | 11.8% | 13.2% |
| NAV +/- Price Return | 1.182% | -0.853% | 1.346% | 0.459% | 0.256% | 0.129% |
| Large Value Avg | 2.4% | 5.9% | 24.1% | 16.3% | 11.3% | 12.1% |
| MAVF Grade (NAV) | D | F | C | A | C | B |
| +/- Category (NAV) | -0.7% | -2.0% | 0.9% | 4.6% | 0.8% | 1.2% |
| MAVF Tax-Cost Ratio | na | na | 0.2% | 0.7% | 1.3% | 1.2% |
MAVF Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MAVF Return (NAV) | 13.3% | 22.0% | 22.4% | 25.2% | -20.4% | 32.0% | 11.2% | 28.7% | -11.0% | 14.0% | 15.1% |
| MAVF Return (Price) | 11.9% | 22.2% | 22.4% | 25.2% | -20.4% | 32.0% | 11.2% | 28.7% | -11.0% | 14.0% | 15.1% |
| NAV +/- Price Ret | -0.105% | 0.005% | 0.000% | 0.000% | 0.000% | 0.000% | 0.000% | 0.0% | 0.0% | 0.0% | 0.0% |
| Large Value Avg | 14.4% | 14.8% | 15.5% | 13.1% | -6.5% | 26.7% | 5.4% | 27.4% | -6.6% | 17.7% | 15.7% |
| MAVF Grade (NAV) | C | A | A | A | F | A | A | B | F | F | D |
| +/- Category | -1.1% | 7.2% | 6.9% | 12.1% | -13.9% | 5.4% | 5.8% | 1.3% | -4.5% | -3.6% | -0.6% |
| Risk Measures | |
| Beta: | 1.02 |
| R-Squared: | 85% |
| Standard Deviation: | 14.3% |
| Category Risk Index: | 1.18 |
| Category Risk Rating: | High |
| Total Risk Index: | 1.17 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 0.2% |
| Total Assets: | $ 92 Mil |
| Share Class Assets: | $ 92 Mil |
| Turnover: | 26.0% |
| Expense Ratio: | 0.75% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 30.1 years | |||
| Average Tenure: 30.1 years | |||
| Managers (Year): Katz David (1996) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 29 |
| % in Top 10 Holdings: | 52.5% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 3.6% |
Portfolio Allocation |
|
| Domestic Stock: | 96.0% |
| Foreign Stock: | 3.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Matrix Asset Advisors Inc |
| Phone Number: | 215-330-4476 |
| Website: | www.valueshares.com |
| Inception Date: | July 1, 1996 |
Expenses and Fees
| Expense Ratio (%): | 0.75% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.37% |
