- Inception Date
- Jan 22, 2020
- Region
- Developed Markets (Broad)
- Category
- Large Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
- Assets Under Management
- $140M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
ABEQ Performance Chart
Absolute Select Value ETF (ABEQ) is up 4.2% since the beginning of the year. ABEQ is currently trading at $37 per share. Investors who bought $1,000 worth of ABEQ shares 5 years ago would now be looking at an investment worth $1,423.
Loading charts...
Returns By Period
Absolute Select Value ETF (ABEQ) has returned 4.18% so far this year and 9.33% over the past 12 months.
Absolute Select Value ETF
- 1D
- 0.78%
- 1M
- -0.20%
- YTD
- 4.18%
- 6M
- 3.88%
- 1Y
- 9.33%
- 3Y*
- 11.72%
- 5Y*
- 7.31%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- -0.17%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 22.93%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
ABEQ Monthly Returns History
Based on dividend-adjusted daily data since Jan 22, 2020, ABEQ's average daily return is +0.03%, while the average monthly return is +0.68%. At this rate, an investment would double in approximately 8.5 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +8.7%, while the worst month was Mar 2020 at -11.4%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, ABEQ closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +7.7%, while the worst single day was Mar 12, 2020 at -7.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.44% | 7.00% | -5.77% | 0.03% | -1.85% | 0.77% | 4.18% | ||||||
| 2025 | 3.33% | 2.54% | 2.16% | -0.29% | 0.82% | 0.73% | -0.39% | 4.19% | 1.39% | -4.06% | 5.48% | -1.20% | 15.32% |
| 2024 | 0.56% | 1.17% | 5.38% | -2.53% | 3.26% | -1.50% | 5.43% | 3.56% | 0.09% | -0.50% | 2.12% | -4.53% | 12.68% |
| 2023 | 4.00% | -4.07% | 0.64% | 3.45% | -4.41% | 3.27% | 1.95% | -1.64% | -3.02% | -1.34% | 4.21% | 2.06% | 4.63% |
| 2022 | -0.45% | 1.30% | 4.29% | -4.51% | 1.96% | -7.51% | 1.83% | -3.19% | -4.97% | 7.35% | 5.73% | -1.68% | -1.00% |
| 2021 | -0.41% | 0.08% | 3.45% | 4.37% | 3.40% | -3.83% | 1.64% | 0.77% | -3.48% | 2.45% | -1.99% | 5.91% | 12.49% |
Benchmark Metrics
Absolute Select Value ETF has an annualized alpha of 0.69%, beta of 0.53, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since January 22, 2020.
- This ETF participated in 59.78% of S&P 500 Index downside but only 49.74% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.53 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 0.69%
- Beta
- 0.53
- R²
- 0.61
- Upside Capture
- 49.74%
- Downside Capture
- 59.78%
Expense Ratio
ABEQ has an expense ratio of 0.85%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ABEQ ranks 29 for risk / return — below 29% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Absolute Select Value ETF (ABEQ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ABEQ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.34 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.53 | -1.34 |
| Martin ratioReturn relative to average drawdown | 2.73 | 11.37 | -8.64 |
Dividends
Dividend History
Absolute Select Value ETF provided a 1.20% dividend yield over the last twelve months, with an annual payout of $0.45 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.45 | $0.45 | $0.47 | $0.74 | $0.33 | $0.17 | $0.15 |
Dividend yield | 1.20% | 1.25% | 1.48% | 2.60% | 1.20% | 0.60% | 0.60% |
Monthly Dividends
The table displays the monthly dividend distributions for Absolute Select Value ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.45 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.47 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.74 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.33 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Absolute Select Value ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Absolute Select Value ETF was 27.82%, occurring on Mar 23, 2020. Recovery took 176 trading sessions.
The current Absolute Select Value ETF drawdown is 6.76%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -27.82%Mar 2020 | 1mo 10d | 8mo 13d | 9mo 23dFeb 2020 - Dec 2020 |
Bear market2022 | -17.26%Sep 2022 | 5mo 9d | 1y 5mo | 1y 10moApr 2022 - Mar 2024 |
2025 selloff2025 | -7.95%Apr 2025 | 5d | 1mo 19d | 1mo 24dApr 2025 - May 2025 |
2026 pullback2026 | -7.89%Jun 2026 | 3mo 1d | — | 3mo 13dMar 2026 - now |
2021 pullback2021 | -5.84%Dec 2021 | 20d | 28d | 1mo 18dNov 2021 - Dec 2021 |
Drawdown Indicators
| ABEQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.82% | -56.78% | +28.96% |
Max Drawdown (1Y)Largest decline over 1 year | -7.89% | -9.10% | +1.21% |
Max Drawdown (3Y)Largest decline over 3 years | -7.95% | -18.90% | +10.95% |
Max Drawdown (5Y)Largest decline over 5 years | -17.26% | -25.43% | +8.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -6.76% | -2.34% | -4.42% |
Average DrawdownAverage peak-to-trough decline | -4.09% | -10.72% | +6.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 2.02% | +1.40% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with ABEQ
Add Absolute Select Value ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with ABEQ