PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Abacus FCF Small Cap Leaders ETF (ABLS) Sharpe Ratio: 0.46

ETF · Currency in USD · Last updated Jun 24, 2026

The Abacus FCF Small Cap Leaders ETF tracks the Abacus FCF Small Cap Leaders Index, a rules-based index targeting U.S. small-cap companies with strong free cash flow return on invested capital (FCF-ROIC).

ABLS's Sharpe Ratio of 0.46 indicates that for each unit of volatility, it generates 0.46 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ABLS Sharpe Ratio Rank

ABLS Sharpe Ratio Rank: 15.816
Concerning

ABLS ranks above 15.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

ABLS Sharpe Ratio Market Positioning

The chart shows ABLS's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.83 or lower
  • Yellow zone (middle 50%): 0.83 to 2.16
  • Green zone (top 25%): 2.16 or higher
  • Top 1%: 7.02+
  • Median: 1.57 — half of all investments score higher

How it compares to other similar ETFs

The table compares Abacus FCF Small Cap Leaders ETF's Sharpe Ratio with other ETFs in the Small Cap Blend Equities category across multiple time periods, showing how ABLS's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FESMFidelity Enhanced Small Cap ETF2.66
FYXFirst Trust Small Cap Core AlphaDEX Fund2.58
QQQSInvesco NASDAQ Future Gen 200 ETF2.53
SCDSJPMorgan Fundamental Data Science Small Core ETF2.44
IWCiShares Micro-Cap ETF2.33
ROSCHartford Multifactor Small Cap ETF2.27
SCHASchwab U.S. Small-Cap ETF2.24
RUSCU.S. Small Cap Equity Active ETF2.20
TNADirexion Daily Small Cap Bull 3X Shares2.15
FSCCFederated Hermes MDT Small Cap Core ETF2.12
ABLSAbacus FCF Small Cap Leaders ETF0.46

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ABLS's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ABLS consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does ABLS fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio