ABCA.PA vs. VLUE

Last updated Jun 4, 2026

ABCA.PA (ABC arbitrage SA) is a stock, while VLUE (iShares Edge MSCI USA Value Factor ETF) is Large Cap Value Equities fund tracking the MSCI USA Value Weighted Index. Over the past 10 years, ABCA.PA returned 4.33%/yr vs 15.21%/yr for VLUE. At a 0.11 correlation, their price movements are largely independent.

Performance

ABCA.PA vs. VLUE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in ABC arbitrage SA (ABCA.PA) and iShares Edge MSCI USA Value Factor ETF (VLUE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ABCA.PA is traded in EUR, while VLUE is traded in USD. To make them comparable, the VLUE values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ABCA.PA achieves a 0.37% return, which is significantly lower than VLUE's 51.16% return. Over the past 10 years, ABCA.PA has underperformed VLUE with an annualized return of 4.33%, while VLUE has yielded a comparatively higher 15.21% annualized return.

ABCA.PA

• 1D: 0.57%
• 1M: 0.76%
• YTD: 0.37%
• 6M: 0.19%
• 1Y: -11.51%
• 3Y*: 1.96%
• 5Y*: 1.09%
• 10Y*: 4.33%

VLUE

• 1D: 0.00%
• 1M: 21.93%
• YTD: 51.16%
• 6M: 52.60%
• 1Y: 88.10%
• 3Y*: 30.81%
• 5Y*: 17.51%
• 10Y*: 15.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABCA.PA vs. VLUE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABCA.PA ABC arbitrage SA	0.37%	19.60%	6.72%	-19.95%	-4.30%	6.70%	13.63%	17.74%	2.70%	-9.27%
VLUE iShares Edge MSCI USA Value Factor ETF	50.79%	16.92%	14.33%	10.84%	-8.85%	38.58%	-8.46%	30.07%	-6.96%	6.97%

Correlation

The correlation between ABCA.PA and VLUE is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Apr 19, 2013	0.11

Return for Risk

ABCA.PA vs. VLUE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABCA.PA

ABCA.PA Risk / Return Rank: 18
ABCA.PA Sharpe Ratio Rank: 14
ABCA.PA Sortino Ratio Rank: 16
ABCA.PA Omega Ratio Rank: 15
ABCA.PA Calmar Ratio Rank: 22
ABCA.PA Martin Ratio Rank: 21

VLUE

VLUE Risk / Return Rank: 97
VLUE Sharpe Ratio Rank: 98
VLUE Sortino Ratio Rank: 98
VLUE Omega Ratio Rank: 97
VLUE Calmar Ratio Rank: 96
VLUE Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABCA.PA vs. VLUE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ABC arbitrage SA (ABCA.PA) and iShares Edge MSCI USA Value Factor ETF (VLUE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ABCA.PA	VLUE	Difference
Sharpe ratio: Return per unit of total volatility	-0.62	5.15	-5.77
Sortino ratio: Return per unit of downside risk	-0.70	6.46	-7.16
Omega ratio: Gain probability vs. loss probability	0.90	1.85	-0.95
Calmar ratio: Return relative to maximum drawdown	-0.55	14.25	-14.80
Martin ratio: Return relative to average drawdown	-1.01	58.90	-59.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABCA.PA vs. VLUE - Sharpe Ratio Comparison

The current ABCA.PA Sharpe Ratio is -0.62, which is lower than the VLUE Sharpe Ratio of 5.15. The chart below compares the historical Sharpe Ratios of ABCA.PA and VLUE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ABCA.PA	VLUE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.62	5.15	-5.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	1.01	-0.95
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.75	-0.53
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.77	-0.49

Drawdowns

ABCA.PA vs. VLUE - Drawdown Comparison

The maximum ABCA.PA drawdown since its inception was -89.34%, which is greater than VLUE's maximum drawdown of -38.65%. Use the drawdown chart below to compare losses from any high point for ABCA.PA and VLUE.

Drawdown Indicators

	ABCA.PA	VLUE	Difference
Max Drawdown Largest peak-to-trough decline	-89.34%	-38.65%	-50.69%
Max Drawdown (1Y) Largest decline over 1 year	-20.71%	-6.21%	-14.50%
Max Drawdown (3Y) Largest decline over 3 years	-39.00%	-22.39%	-16.61%
Max Drawdown (5Y) Largest decline over 5 years	-47.12%	-22.39%	-24.73%
Max Drawdown (10Y) Largest decline over 10 years	-47.12%	-38.65%	-8.47%
Current Drawdown Current decline from peak	-13.01%	0.00%	-13.01%
Average Drawdown Average peak-to-trough decline	-23.26%	-6.07%	-17.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.31%	1.50%	+9.81%

Volatility

ABCA.PA vs. VLUE - Volatility Comparison

The current volatility for ABC arbitrage SA (ABCA.PA) is 4.13%, while iShares Edge MSCI USA Value Factor ETF (VLUE) has a volatility of 7.28%. This indicates that ABCA.PA experiences smaller price fluctuations and is considered to be less risky than VLUE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABCA.PA	VLUE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	7.28%	-3.15%
Volatility (6M) Calculated over the trailing 6-month period	15.67%	13.59%	+2.08%
Volatility (1Y) Calculated over the trailing 1-year period	18.83%	17.25%	+1.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.84%	17.51%	+1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.80%	20.24%	-1.44%

Dividends

ABCA.PA vs. VLUE - Dividend Comparison

ABCA.PA's dividend yield for the trailing twelve months is around 6.39%, more than VLUE's 1.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABCA.PA ABC arbitrage SA	6.39%	6.30%	6.26%	8.53%	6.20%	8.12%	4.55%	6.42%	6.58%	3.82%	6.55%	7.80%
VLUE iShares Edge MSCI USA Value Factor ETF	1.40%	2.11%	2.73%	2.66%	3.18%	2.22%	2.42%	2.61%	2.70%	2.14%	2.07%	2.39%

Frequently Asked Questions

Can I hold both ABCA.PA and VLUE in my portfolio?

ABCA.PA and VLUE have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.