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Absolute Core Strategy ETF (ABEQ)

ETF · Currency in USD · Last updated Mar 28, 2023

ABEQ is an actively managed ETF by Absolute Investment Advisers LLC. ABEQ launched on Jan 21, 2020 and has a 0.85% expense ratio.

Share Price Chart

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The chart shows the growth of $10,000 invested in Absolute Core Strategy ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,276 for a total return of roughly 12.76%. All prices are adjusted for splits and dividends.

ABEQ (Absolute Core Strategy ETF)
Benchmark (^GSPC)

S&P 500

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Absolute Core Strategy ETF


Absolute Core Strategy ETF had a return of -1.24% year-to-date (YTD) and -7.52% in the last 12 months. Over the past 10 years, Absolute Core Strategy ETF had an annualized return of 3.86%, while the S&P 500 had an annualized return of 5.84%, indicating that Absolute Core Strategy ETF did not perform as well as the benchmark.

1 month-0.98%0.19%
6 months9.32%7.70%
1 year-7.52%-12.45%
5 years (annualized)3.86%5.84%
10 years (annualized)3.86%5.84%

Monthly Returns Heatmap


Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Absolute Core Strategy ETF Sharpe ratio is -0.47. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

ABEQ (Absolute Core Strategy ETF)
Benchmark (^GSPC)

Dividend History

Absolute Core Strategy ETF granted a 1.21% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.


Dividend yield


Monthly Dividends

The table displays the monthly dividend distributions for Absolute Core Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

ABEQ (Absolute Core Strategy ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Absolute Core Strategy ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Absolute Core Strategy ETF is 27.82%, recorded on Mar 23, 2020. It took 176 trading sessions for the portfolio to recover.



To Bottom


To Recover



-27.82%Feb 12, 202028Mar 23, 2020176Dec 1, 2020204
-17.26%Apr 21, 2022110Sep 27, 2022
-5.84%Nov 11, 202114Dec 1, 202119Dec 29, 202133
-5.52%May 18, 202188Sep 21, 202136Nov 10, 2021124
-4.07%Jan 18, 20228Jan 27, 202233Mar 16, 202241
-2.95%Feb 10, 202112Feb 26, 20218Mar 10, 202120
-2.81%Jan 8, 202113Jan 27, 20218Feb 8, 202121
-2.22%Mar 18, 20214Mar 23, 20218Apr 5, 202112
-1.95%May 10, 20213May 12, 20213May 17, 20216
-1.93%Jan 24, 20206Jan 31, 20204Feb 6, 202010

Volatility Chart

Current Absolute Core Strategy ETF volatility is 13.86%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.

ABEQ (Absolute Core Strategy ETF)
Benchmark (^GSPC)