Matrix Advisors Value ETF (MAVF)

Matrix Advisors Value ETF is an actively managed U.S. equity fund from Matrix Asset Advisors, a New York-based investment manager. The ETF continues a value strategy the firm previously ran in mutual fund form.

The managers follow a disciplined value approach, focusing mainly on large, financially sound U.S. companies whose shares they believe trade below their intrinsic worth. They look for businesses with solid balance sheets and earnings power whose stocks have become out of favor, and they set price targets to guide decisions about buying and selling.

The portfolio is built through bottom-up fundamental research rather than by tracking an index, and it tends to hold a relatively focused number of positions.