GVAL vs. IPAV ETF Comparison

Comparison of Cambria Global Value ETF (GVAL) to Global X Infrastructure Development ex-U.S. ETF (IPAV)

GVAL

Cambria Global Value ETF

GVAL Description

The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Cambria Global Value Index (the "underlying index"). Under normal market conditions, the fund will invest at least 80% of its total assets in the components of the underlying index. The underlying index is comprised of equity securities of issuers located in developed and emerging countries, as well as exchange-traded funds composed of issuers located in developed and emerging countries.

Grade (RS Rating)

Last Trade

$20.92

Average Daily Volume

10,793

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

IPAV

Global X Infrastructure Development ex-U.S. ETF

IPAV Description

Grade (RS Rating)

Last Trade

$25.49

Average Daily Volume

3,702

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

Performance

Period	GVAL	IPAV
30 Days	-3.06%	2.75%
60 Days	-3.51%
90 Days	-3.53%
12 Months	7.17%

1 Overlapping Holdings

	Symbol	Grade	Weight in GVAL	Weight in IPAV	Overlap
	GGB	C	0.85%	1.1%	0.85%

GVAL Overweight 3 Positions Relative to IPAV

	Symbol	Grade	Weight
	BCS	C	1.26%
	LYG	F	1.02%
	VALE	F	0.74%

GVAL Underweight 3 Positions Relative to IPAV

	Symbol	Grade	Weight
	CNI	D	-2.8%
	TS	B	-2.03%
	CX	D	-1.92%

GVAL: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - Europe Industrial Metals & Minerals Steel

Keywords: Banking General Insurance Insurance Products Alloys Aluminum Products Asset Finance Asset Management Bancassurance Bank Banking Solutions Barclays Barclays Bank Of Botswana Base Metal Building Materials Business Lending Services Card Services Cargo Transportation Service Cargo Transportation Services Cash Management Services Clan Barclay

IPAV: Top Represented Industries & Keywords

Industries: Building Materials Oil & Gas Equipment & Services Railroads Steel

Keywords: Automotive Products Building Materials Cement Chemical Coil Steel Coiled Tubing Conduit Construction Electrical Conduit Elevator Fasteners Fax Forest Products Gerd Industrial Equipment Machinery Manufacturing Industries New Orleans Oil And Gas Oil And Gas Industry