Absolute Core Strategy ETF (ABEQ)
ABEQ is an actively managed ETF by Absolute Investment Advisers LLC. ABEQ launched on Jan 21, 2020 and has a 0.85% expense ratio.
ETF Info
Issuer | Absolute Investment Advisers LLC |
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Inception Date | Jan 21, 2020 |
Region | Developed Markets (Broad) |
Category | All Cap Equities, Actively Managed |
Expense Ratio | 0.85% |
Index Tracked | No Index (Active) |
Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Trading Data
Previous Close | $27.41 |
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Year Range | $26.68 - $30.27 |
EMA (50) | $28.28 |
EMA (200) | $28.29 |
Average Volume | $14.71K |
ABEQShare Price Chart
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ABEQPerformance
The chart shows the growth of $10,000 invested in Absolute Core Strategy ETF on Jan 23, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,110 for a total return of roughly 11.10%. All prices are adjusted for splits and dividends.
ABEQReturns in periods
Period | Return | Benchmark |
---|---|---|
1M | -5.77% | -6.21% |
YTD | -3.66% | -18.17% |
6M | -2.35% | -17.47% |
1Y | 0.40% | -8.89% |
5Y | 4.43% | 6.83% |
10Y | 4.43% | 6.83% |
ABEQMonthly Returns Heatmap
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ABEQDividend History
Absolute Core Strategy ETF granted a 0.63% dividend yield in the last twelve months. The annual payout for that period amounted to $0.17 per share.
Period | TTM | 2021 | 2020 |
---|---|---|---|
Dividend | $0.17 | $0.17 | $0.15 |
Dividend yield | 0.63% | 0.60% | 0.60% |
ABEQDrawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
ABEQWorst 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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
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-27.82% | Feb 12, 2020 | 28 | Mar 23, 2020 | 176 | Dec 1, 2020 | 204 |
-11.64% | Apr 21, 2022 | 41 | Jun 17, 2022 | — | — | — |
-5.84% | Nov 11, 2021 | 14 | Dec 1, 2021 | 19 | Dec 29, 2021 | 33 |
-5.52% | May 18, 2021 | 88 | Sep 21, 2021 | 36 | Nov 10, 2021 | 124 |
-4.07% | Jan 18, 2022 | 8 | Jan 27, 2022 | 33 | Mar 16, 2022 | 41 |
-2.95% | Feb 10, 2021 | 12 | Feb 26, 2021 | 8 | Mar 10, 2021 | 20 |
-2.81% | Jan 8, 2021 | 13 | Jan 27, 2021 | 8 | Feb 8, 2021 | 21 |
-2.22% | Mar 18, 2021 | 4 | Mar 23, 2021 | 8 | Apr 5, 2021 | 12 |
-1.95% | May 10, 2021 | 3 | May 12, 2021 | 3 | May 17, 2021 | 6 |
-1.93% | Jan 24, 2020 | 6 | Jan 31, 2020 | 4 | Feb 6, 2020 | 10 |
ABEQVolatility Chart
Current Absolute Core Strategy ETF volatility is 16.09%. 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.
Portfolios with Absolute Core Strategy ETF
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