GVLU ETF Explained: Returns, Fees, Holdings and Alternative ETFs
The Gotham 1000 Value ETF (GVLU) is an actively managed value ETF that selects undervalued mid- and large-cap stocks from the largest US-listed companies by market capitalization. Compared with passive value ETFs, the key selection criteria are its management fee burden, quarterly dividends, and the effectiveness of its active stock selection strategy.
SubscribeWhat Is the Gotham 1000 Value ETF?
This is an actively managed value ETF that uses the largest US-listed stocks by market capitalization as its universe and actively selects and holds several hundred mid- and large-cap stocks that appear undervalued relative to their fundamental value.
It suits medium- to long-term investors who want exposure to a diversified basket of value stocks through active management rather than picking individual stocks.
The ETF is managed by Toroso Investments using an active management approach.
How Does the Gotham 1000 Value ETF Invest?
| Item | Details |
|---|---|
| Tracked Index | Actively managed (does not track an index) |
| Management Style | Active (value selection) |
| Rebalancing Frequency | At manager's discretion |
| Dividend Frequency | Quarterly |
| Fund Manager | Toroso Investments |
| Expense Ratio | 0.50% |
From its universe of large US stocks, the fund uses the valuation model of its investment adviser, Gotham Asset Management, to overweight the stocks that look most undervalued. It adjusts the portfolio actively within predefined risk and diversification constraints, and it does not replicate any specific index.
- Active weighting based on the degree of undervaluation
- Broad diversification that reduces dependence on individual stocks
Gotham 1000 Value ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $260.6M, and the Expense Ratio is 0.50% per year.
Its fees are somewhat higher than those of the passive value ETFs VTV and IWD, and in return it offers an active stock selection strategy.
Gotham 1000 Value ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeThe fund's performance reflects both the broader value style trend and the results of its active selection. It tends to lag when growth stocks lead the market and to outperform when investors favor value stocks.
Fund flows are affected by market preference for value stocks and by shifts in demand for active ETFs overall. Because it sits in a smaller category, its flows tend to be more volatile than those of large passive ETFs.
Gotham 1000 Value ETF Pros and Cons
Active value selection and broad diversification are its strengths, while higher fees than passive funds and reliance on active management results are its weaknesses.
💪 Key Strengths
⚠️ Points to Watch
Alternative ETFs and Related Products to the Gotham 1000 Value ETF
VTV, IWD and IVE, shown in the table, are low-cost passive ETFs in the same large-cap value category and serve as direct comparisons, in contrast to this ETF's active strategy. For broader options, you can also consider RSP for equal-weighted exposure, SCHD for a focus on dividend growth, and VBR for extending exposure to small-cap value stocks.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 VTV | Vanguard Morningstar Value ETF | $228.02 | -0.4% | $196.6B | 0.03% | 1.83% | +22.9% |
 IWD | iShares Russell 1000 Value ETF | $258.65 | -0.8% | $83.9B | 0.18% | 1.37% | +26.9% |
 IVE | iShares S&P 500 Value ETF | $239.53 | -0.8% | $51.1B | 0.18% | 1.51% | +15.0% |
 SPYV | State Street SPDR Portfolio S&P 500 Value ETF | $64.13 | -0.8% | $39.2B | 0.04% | 1.65% | +14.9% |
 VBR | Vanguard Morningstar Small-Cap Value ETF | $243.44 | -0.6% | $37.3B | 0.05% | 1.82% | +18.4% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| OXY | Occidental Petroleum Corp | 0.01% | $64.00 | +1.6% | $64.0B | 19.0 | 1.61% |
 CRC | California Resources Corp | 0.01% | $55.46 | +1.4% | $4.9B | - | 3.12% |
 APA | APA Corp | 0.01% | $52.82 | +2.5% | $18.5B | 11.2 | 1.91% |
 ALKS | Alkermes plc | 0.01% | $45.31 | -0.1% | $7.6B | 117.7 | - |
| BMY | Bristol-Myers Squibb Co | 0.01% | $62.48 | +1.8% | $127.6B | 13.8 | 4.06% |
| DVN | Devon Energy Corp | 0.01% | $52.15 | +1.9% | $57.4B | 12.3 | 2.21% |
 BTSG | BrightSpring Health Services Inc | 0.01% | $66.97 | +11.2% | $13.3B | 50.0 | - |
 RCI | Rogers Communications Inc | 0.01% | $32.61 | +3.6% | $17.6B | 27.5 | 4.37% |
 SNX | TD Synnex Corp | 0.01% | $236.62 | -7.2% | $18.9B | 14.4 | 0.81% |
| ALL | Allstate Corp | 0.01% | $259.87 | +1.5% | $65.7B | 5.2 | 1.66% |
Investor Checkpoints for the Gotham 1000 Value ETF
Here are the points to review before investing in GVLU. As an active value ETF, it is advisable to thoroughly check its fee level, the performance of its management strategy, and its fit with a value style in advance.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Compare the fee gap with passive value ETFs | Somewhat higher |
| 🧠 Management Strategy | Understand the active selection method | Active management |
| 📊 Diversification | Check how widely holdings are spread | Broadly diversified |
| 📈 Style Fit | Review your intent to raise value stock exposure | Needs confirmation |
The main risks are higher fees than passive funds and reliance on active management results. Given the nature of the value style, the fund may lag when growth stocks lead the market, so a long-term approach is needed.
This ETF suits investors who want to access a diversified basket of US value stocks through active management. If minimizing costs is the priority, passive alternatives such as VTV and IWD may fit better, while investors who want active value selection can consider this ETF.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 18, 2026.
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