PZIV: Pzena International Value
What this ETF is trying to do
PZIV, known as the Pzena International Value ETF, is an exchange-traded fund listed on the NYSE. This ETF is designed to invest in international companies that are considered "value" stocks. Based on its top holdings, the fund has exposure to various global companies and even holds a portion of US Dollars.
What the numbers show
As of October 5, 2026, the current price of PZIV is $29.13.
Currently, there is not enough data available to show how the price has changed over time. Specifically, the year-to-date (YTD) price return, one-year price return, and three-year price return were not supplied. Because there is no recorded history of share splits for this ETF, an estimated price from roughly one year ago cannot be provided.
Income and distribution explanation
For investors looking for regular cash payments, it is important to note that no distributions have been detected for this ETF. The distribution yield is 0%, and there have been zero payouts in the last 12 months. Because of this, the fund has an income rating grade of "D" with a score of 52.
NAV erosion explanation
NAV erosion refers to a decline in the Net Asset Value (the actual value of the assets held by the fund) over time. The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
The erosion score is currently withheld because there is insufficient verified price history. However, there is no severe erosion-risk flag present for this ETF at this time.
Top Holdings
The following is a partial list of the fund's top holdings (as of October 7, 2026). Please note that holdings can change over time.
• US Dollars: 4.35%
• Shell PLC: 3.02%
• BASF SE: 2.99%
• Publicis Groupe SA: 2.96%
• Teleperformance SE: 2.91%
• Accenture PLC Class A: 2.89%
• Michelin: 2.84%
• Sanofi SA: 2.80%
• SAP SE: 2.80%
• ING Groep NV: 2.71%
Pros
• Provides exposure to a wide variety of international companies across different sectors.
• The fund is not leveraged or inverse, meaning it does not use certain types of high-risk debt strategies.
Cons
• Does not currently provide a distribution yield or regular income.
• There is limited historical performance data available in the current report to track price trends.
Beginner takeaway
PZIV is an international value ETF that focuses on a diverse group of global companies. While it offers exposure to many different markets, it is not currently acting as an income-producing tool, as it has not issued distributions. Investors should be aware that without a clear history of price returns or distributions in this report, it is difficult to measure how the fund has performed in the past.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | US DOLLARS | n/a | 4.35% |
| 2 | SHELL PLC | n/a | 3.02% |
| 3 | BASF SE | n/a | 2.99% |
| 4 | PUBLICIS GROUPE SA | n/a | 2.96% |
| 5 | TELEPERFORMANCE SE | n/a | 2.91% |
| 6 | ACCENTURE PLC CLASS A | ACN | 2.89% |
| 7 | MICHELIN | n/a | 2.84% |
| 8 | SANOFI SA | n/a | 2.80% |
| 9 | SAP SE | n/a | 2.80% |
| 10 | ING GROEP NV | n/a | 2.71% |