AAVM

AAVM provides a multifactor approach to developed-market equity exposure. Using existing Alpha Architect value and momentum ETFs as building blocks, AAVM allocates between its holdings using a risk-parity approach to create a final portfolio with lower volatility. Using an additional quantitative model, AAVM will hedge, up to 100% at times, its equity exposure during a down-trending market. In short, AAVM is a dynamic, two-factor (value and momentum) approach overlaid with a risk-parity allocation strategy with downside hedging capability. Prospective investors should ensure they understand and are comfortable with the complexity and interactions between different factors and investment styles. Prior to January 31, 2022, AAVM tracked the Alpha Architect Value Momentum Trend Index.