(GVAL) Cambria Global Value - Overview

Cambria Global Value ETF (BATS:GVAL) is an actively managed fund that aims to allocate at least 80% of its capital to equity securities-both common stock and depositary receipts-issued by publicly listed companies across developed and emerging markets that demonstrate strong value characteristics. The selection process is driven by Cambria Investment Management’s proprietary, rules-based quantitative algorithm, which screens for low price-to-earnings, low price-to-book, and high dividend yields relative to sector peers.

As of the most recent filing (Q4 2025), GVAL carries an expense ratio of 0.55% and manages roughly $1.2 billion in assets, placing it in the mid-size tier for foreign large-value ETFs. The fund’s top holdings are concentrated in financials (≈22% of assets), consumer staples (≈18%), and energy (≈12%), sectors that historically exhibit higher value premiums during periods of rising interest rates.

Key macro drivers for GVAL include the persistence of the global value premium, which research from MSCI suggests has averaged a 3.2% annual outperformance over the past decade in large-cap markets, and the differential monetary policy stance between the U.S. Federal Reserve and emerging-market central banks. A weakening dollar could also boost the relative attractiveness of non-U.S. value stocks, especially those priced in local currencies with stronger growth fundamentals.

If you want a data-driven side-by-side comparison of GVAL’s factor exposures, consider exploring ValueRay’s screening tools for deeper insight.