MAVF ETF: What Is It? A Complete Guide to Returns, Expense Ratio, Holdings, and Alternative ETFs
The Matrix Advisors Value ETF (MAVF) is an actively managed ETF in which the manager hand-picks large-cap US value stocks. Beyond its outlook, fees, and dividends, comparing its portfolio concentration with passive value ETFs such as VTV and IWD is the key selection criterion.
SubscribeWhat Is the Matrix Advisors Value ETF?
This is an actively managed value ETF that does not mechanically track a specific index. Instead, the manager selects and holds large-cap US stocks it judges to be undervalued under its own value criteria. It pursues capital appreciation and current income together.
It suits investors who want exposure to US value stocks by relying on the manager's stock-selection skill rather than on an index.
It is an ETF run by Matrix Advisors using an active (actively managed) approach.
How Does the Matrix Advisors Value ETF Invest?
| Item | Details |
|---|---|
| Tracking Index | No index tracking (active management) |
| Management Style | Active (stock selection) |
| Rebalancing Frequency | At the manager's discretion |
| Distribution Frequency | Regular distributions |
| Manager | Matrix Advisors |
| Total Expense Ratio | 0.75% |
Most of its net assets are invested in US companies that meet the manager's value criteria. It uses its own analysis to judge whether a stock is undervalued and concentrates on a small number of holdings, a non-diversified structure, and the holdings and weights are adjusted at the manager's discretion.
- Active stock selection without index tracking
- Non-diversified structure concentrated in a small number of stocks
Matrix Advisors Value ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) are $92.3M, and the total expense ratio (Expense Ratio) is 0.75% per year.
Compared with passive value ETFs such as VTV and IWD shown in the table, it holds fewer stocks and gives the manager more discretion, so it is worth examining the differences in fees and diversification as well.
Matrix Advisors Value ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeIts returns have moved with the broader value-style trend and the performance of its holdings. It can lag when growth stocks are leading, and it tends to show relative strength when value stocks are in favor.
Given its active value strategy and relatively small asset base, fund flows react sensitively to shifts in market style preferences. Interest may grow during value-driven phases, while inflows may slow when growth stocks lead.
Matrix Advisors Value ETF Strengths and Weaknesses
The manager's active stock selection is its strength, but concentration in a small number of stocks and the performance dispersion that comes with active management can work against it.
💪 Key Strengths
⚠️ Points to Watch
Matrix Advisors Value ETF Alternative ETFs and Related Products
The three funds shown in the table, VTV, IWD, and IVE, are lower-cost passive alternatives that broadly hold large-cap US value stocks through an index, while VBR widens exposure to small-cap value stocks. If you want an active or factor-based approach, you can also consider AVLV, RPV, which focuses on the pure value factor, and MOAT, which selects companies with economic moats.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 VTV | Vanguard Morningstar Value ETF | $228.88 | +0.8% | $194.8B | 0.03% | 1.82% | +23.1% |
 IWD | iShares Russell 1000 Value ETF | $260.76 | +0.8% | $83.0B | 0.18% | 1.35% | +27.4% |
 IVE | iShares S&P 500 Value ETF | $241.36 | +0.9% | $50.7B | 0.18% | 1.5% | +15.2% |
 SPYV | State Street SPDR Portfolio S&P 500 Value ETF | $64.63 | +0.9% | $38.8B | 0.04% | 1.64% | +15.2% |
 VBR | Vanguard Morningstar Small-Cap Value ETF | $244.86 | +1.7% | $36.6B | 0.05% | 1.81% | +18.3% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| GOOGL | Alphabet Inc | 0.16% | $283.82 | -12.6% | $3.45T | 14.8 | 0.31% |
| MSFT | Microsoft Corp | 0.13% | $530.14 | -0.2% | $3.94T | 27.7 | 0.74% |
| AAPL | Apple Inc | 0.13% | $348.91 | +1.5% | $5.09T | 40.0 | 0.32% |
 GNRC | Generac Holdings Inc | 0.11% | $203.36 | +1.0% | $12.0B | 40.3 | - |
| AMZN | Amazon.com Inc | 0.10% | $243.79 | -4.3% | $2.63T | 19.6 | - |
Matrix Advisors Value ETF Investor Checkpoints
Here are the points to review before investing in MAVF. Because it is an actively managed value ETF that does not follow an index, it is wise to confirm in advance that its fee burden, stock concentration, and management style fit your investment profile.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Compare costs with passive value ETFs | Somewhat high |
| 📊 Stock Concentration | Top weights in a non-diversified structure | Concentrated in a few stocks |
| 🎯 Management Style | Active selection without index tracking | Manager's discretion |
| 💱 Exchange Rate | Impact on returns converted to Korean won | Not currency hedged |
Concentration in a small number of stocks and active management decisions are the main drivers of short-term performance swings. In phases when the value style is weak, performance can trail the market.
It is worth considering if you want to invest in large-cap US value stocks through a manager-selected approach. If cost and diversification come first, passive value ETFs such as VTV and IWD are alternatives.
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 July 2, 2026.
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