Expense Ratio History

QVAL expense ratio history

Alpha Architect U.S. Quantitative Value ETF

Fund company
EA Series
Type
ETF

0.28%

In basis points
28 basis points
Yearly cost per $10,000
$28
Prospectus dated
1 February 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.29% on 1 February 2026

Fee over time

QVAL expense ratio: 0.79% until 31 Jan 2019, then 0.49%; 0.49% until 31 Jan 2023, then 0.39%; 0.39% until 31 Jan 2024, then 0.29%; 0.29% until 1 Feb 2026, then 0.28%; read at 0.28% on 1 Feb 2026.0.00%0.50%1.00%1.50%Oct 2014Sep 2016Aug 2018Jul 2020Jun 2022May 20240.79% before0.28% from 1 Feb 2026
QVAL expense ratio: 0.79% until 31 Jan 2019, then 0.49%; 0.49% until 31 Jan 2023, then 0.39%; 0.39% until 31 Jan 2024, then 0.29%; 0.29% until 1 Feb 2026, then 0.28%; read at 0.28% on 1 Feb 2026.0.00%0.50%1.00%1.50%Oct 2014Aug 2018Jun 20220.79% before0.28% from 1 Feb 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Every figure we've recorded

DateFeeWhat happened
1 Feb 2026 0.28% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2026 0.28% Cut from 0.29% to 0.28%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-01-28
31 Jan 2025 0.29% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2024 0.29% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2024 0.29% Cut from 0.39% to 0.29%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2024-06-21
31 Jan 2023 0.39% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2023 0.39% Cut from 0.49% to 0.39%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-01-30
31 Jan 2022 0.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2021 0.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
23 Nov 2020 0.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-11-23 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
4 Feb 2020 0.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-02-04 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2019 0.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2019 0.49% Cut from 0.79% to 0.49%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-02-08
31 Jan 2018 0.79% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2017 0.79% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2016 0.79% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
20 Oct 2014 0.79% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-10-20 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.28% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$356 in fees over 10 years

After fees, $10,000 grows to $15,849.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$29
3 years$90
5 years$158
10 years$356

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 13 prospectuses for this share class since 2014. Each one is listed above with a link to the filing.

How we read fees

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