{"url":"https://etfiq.com/learn/what-is-etf-net-asset-value","section":"learn","title":"What is ETF net asset value? | ETFIQ","description":"As of Nov 4, 2026, the median ETF closed 0.09% from its net asset value across 3,211 funds, and 467 closed over 1% away on a day.","as_of":"Nov 4, 2026","structured_data":[{"@type":"Article","@id":"https://etfiq.com/learn/what-is-etf-net-asset-value#article","headline":"What is ETF net asset value?","description":"As of Nov 4, 2026, the median ETF closed 0.09% from its net asset value across 3,211 funds, and 467 closed over 1% away on a day.","url":"https://etfiq.com/learn/what-is-etf-net-asset-value","mainEntityOfPage":"https://etfiq.com/learn/what-is-etf-net-asset-value","dateModified":"2026-11-04","datePublished":"2026-11-04","author":{"@type":"Organization","name":"ETFIQ Research","url":"https://etfiq.com"},"publisher":{"@type":"Organization","name":"ETFIQ Research","url":"https://etfiq.com"},"about":"What is ETF net asset value?","inLanguage":"en"},{"@type":"FAQPage","@id":"https://etfiq.com/learn/what-is-etf-net-asset-value#questions","mainEntity":[{"@type":"Question","name":"Is NAV the price I pay?","acceptedAnswer":{"@type":"Answer","text":"No. You pay the market price. NAV is the value of the basket."}},{"@type":"Question","name":"When is NAV set?","acceptedAnswer":{"@type":"Answer","text":"After the close, from closing prices."}},{"@type":"Question","name":"Where do I see a fund\u2019s gap?","acceptedAnswer":{"@type":"Answer","text":"On its trading page."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Learn","item":"https://etfiq.com/learn/"},{"@type":"ListItem","position":3,"name":"What is ETF net asset value?","item":"https://etfiq.com/learn/what-is-etf-net-asset-value"}]},{"@type":"WebPage","name":"What is ETF net asset value?","description":"As of Nov 4, 2026, the median ETF closed 0.09% from its net asset value across 3,211 funds, and 467 closed over 1% away on a day.","url":"https://etfiq.com/learn/what-is-etf-net-asset-value","dateModified":"2026-11-04","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":1822,"truncated":false,"content":"ETFIQ / Learn / What is ETF net asset value? \n \n What is ETF net asset value?\n Data as of Nov 4, 2026. Rebuilt every trading night.\n As of Nov 4, 2026, the median ETF closed 0.09% from its net asset value across 3,211 funds, and 467 closed over 1% away on a day.\n \n In plain words\n Net asset value, or NAV, is what the basket inside a fund is worth per share, worked out after the close from closing prices, plus cash, less costs.\n The market price is not NAV: during the day it moves with trading, and the gap is the premium or discount. The median ETF closed 0.09% from NAV across 3,211 measured funds, and 467 had a day over 1%. Funds with foreign shares can show a gap that is only timing, because their NAV is set at a different time.\n Questions\n Is NAV the price I pay? No. You pay the market price. NAV is the value of the basket.\n When is NAV set? After the close, from closing prices.\n Where do I see a fund\u2019s gap? On its trading page.\n Where to next\n Premiums and discounts Trading Center Screener: filter every ETF What is an ETF bid-ask spread? What is an ETF premium or discount? How do ETF creation and redemption work? All ETF explainers How ETFIQ computes these numbers \n Cite this page. ETFIQ, What is ETF net asset value?, data as of Nov 4, 2026. https://etfiq.com/learn/what-is-etf-net-asset-value Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, What is ETF net asset value?, data as of Nov 4, 2026. https://etfiq.com/learn/what-is-etf-net-asset-value APA ETFIQ. (Nov 4, 2026). What is ETF net asset value?. Retrieved from https://etfiq.com/learn/what-is-etf-net-asset-value Markdown [What is ETF net asset value? (ETFIQ, Nov 4, 2026)](https://etfiq.com/learn/what-is-etf-net-asset-value)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, What is ETF net asset value?, data as of Nov 4, 2026. https://etfiq.com/learn/what-is-etf-net-asset-value"}