ABEQ vs. TFLO

Last updated Jun 4, 2026

ABEQ (Absolute Select Value ETF) and TFLO (iShares Treasury Floating Rate Bond ETF) are both exchange-traded funds - ABEQ is a Large Cap Value Equities fund actively managed by Absolute Investment Advisers LLC, while TFLO is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Index. ABEQ is actively managed, while TFLO is passively managed. Over the past 5 years, ABEQ returned 7.06%/yr vs 3.63%/yr for TFLO. At a correlation of -0.05, they often move in opposite directions. ABEQ charges 0.85%/yr vs 0.15%/yr for TFLO.

Performance

ABEQ vs. TFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Absolute Select Value ETF (ABEQ) and iShares Treasury Floating Rate Bond ETF (TFLO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABEQ achieves a 3.44% return, which is significantly higher than TFLO's 1.59% return.

ABEQ

• 1D: -0.17%
• 1M: -0.34%
• YTD: 3.44%
• 6M: 3.43%
• 1Y: 8.87%
• 3Y*: 11.57%
• 5Y*: 7.06%
• 10Y*: —

TFLO

• 1D: 0.02%
• 1M: 0.31%
• YTD: 1.59%
• 6M: 1.92%
• 1Y: 3.97%
• 3Y*: 4.74%
• 5Y*: 3.63%
• 10Y*: 2.37%

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

ABEQ vs. TFLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ABEQ Absolute Select Value ETF	3.44%	15.32%	12.68%	4.63%	-1.00%	12.49%	2.51%
TFLO iShares Treasury Floating Rate Bond ETF	1.59%	4.22%	5.34%	5.12%	1.99%	-0.02%	0.27%

Correlation

The correlation between ABEQ and TFLO is -0.09, 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	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	-0.09
Correlation (5Y) Calculated over the trailing 5-year period	-0.06
Correlation (All Time) Calculated using the full available price history since Jan 23, 2020	-0.05

Return for Risk

ABEQ vs. TFLO — Risk / Return Rank

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

ABEQ

ABEQ Risk / Return Rank: 25
ABEQ Sharpe Ratio Rank: 27
ABEQ Sortino Ratio Rank: 26
ABEQ Omega Ratio Rank: 26
ABEQ Calmar Ratio Rank: 24
ABEQ Martin Ratio Rank: 22

TFLO

TFLO Risk / Return Rank: 100
TFLO Sharpe Ratio Rank: 100
TFLO Sortino Ratio Rank: 100
TFLO Omega Ratio Rank: 100
TFLO Calmar Ratio Rank: 100
TFLO Martin Ratio Rank: 100

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.

ABEQ vs. TFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Absolute Select Value ETF (ABEQ) and iShares Treasury Floating Rate Bond ETF (TFLO). 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.

	ABEQ	TFLO	Difference
Sharpe ratio Return per unit of total volatility	1.00	14.09	-13.09
Sortino ratio Return per unit of downside risk	1.46	50.86	-49.40
Omega ratio Gain probability vs. loss probability	1.18	13.94	-12.77
Calmar ratio Return relative to maximum drawdown	1.13	201.22	-200.10
Martin ratio Return relative to average drawdown	2.78	823.26	-820.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABEQ vs. TFLO - Sharpe Ratio Comparison

The current ABEQ Sharpe Ratio is 1.00, which is lower than the TFLO Sharpe Ratio of 14.09. The chart below compares the historical Sharpe Ratios of ABEQ and TFLO, 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

	ABEQ	TFLO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	14.09	-13.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	10.30	-9.65
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	5.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.99	-0.43

Drawdowns

ABEQ vs. TFLO - Drawdown Comparison

The maximum ABEQ drawdown since its inception was -27.82%, which is greater than TFLO's maximum drawdown of -5.01%. Use the drawdown chart below to compare losses from any high point for ABEQ and TFLO.

Drawdown Indicators

	ABEQ	TFLO	Difference
Max Drawdown Largest peak-to-trough decline	-27.82%	-5.01%	-22.81%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-0.02%	-7.87%
Max Drawdown (3Y) Largest decline over 3 years	-7.95%	-0.04%	-7.91%
Max Drawdown (5Y) Largest decline over 5 years	-17.26%	-0.13%	-17.13%
Max Drawdown (10Y) Largest decline over 10 years	—	-0.16%	—
Current Drawdown Current decline from peak	-7.43%	0.00%	-7.43%
Average Drawdown Average peak-to-trough decline	-4.07%	-0.10%	-3.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	0.00%	+3.20%

Volatility

ABEQ vs. TFLO - Volatility Comparison

Absolute Select Value ETF (ABEQ) has a higher volatility of 1.98% compared to iShares Treasury Floating Rate Bond ETF (TFLO) at 0.07%. This indicates that ABEQ's price experiences larger fluctuations and is considered to be riskier than TFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABEQ	TFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.98%	0.07%	+1.91%
Volatility (6M) Calculated over the trailing 6-month period	6.69%	0.20%	+6.49%
Volatility (1Y) Calculated over the trailing 1-year period	8.91%	0.28%	+8.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.81%	0.35%	+10.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.84%	0.46%	+13.38%

ABEQ vs. TFLO - Expense Ratio Comparison

ABEQ has a 0.85% expense ratio, which is higher than TFLO's 0.15% expense ratio.

Dividends

ABEQ vs. TFLO - Dividend Comparison

ABEQ's dividend yield for the trailing twelve months is around 1.21%, less than TFLO's 3.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABEQ Absolute Select Value ETF	1.21%	1.25%	1.48%	2.60%	1.20%	0.60%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%
TFLO iShares Treasury Floating Rate Bond ETF	3.90%	4.16%	5.21%	4.88%	1.68%	0.00%	0.36%	2.08%	1.65%	0.86%	0.31%	0.15%

Frequently Asked Questions

Can I hold both ABEQ and TFLO in my portfolio?

ABEQ and TFLO have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABEQ or TFLO?

ABEQ has higher volatility (1.98%) compared to TFLO (0.07%). In terms of maximum drawdown, ABEQ dropped -27.82% vs TFLO's -5.01%.

Which ETF is better, ABEQ or TFLO?

On 5-year performance, ABEQ leads with 7.06% vs 3.63% for TFLO. On fees, TFLO is cheaper at 0.15% per year. On volatility, TFLO has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABEQ or TFLO?

Over the 5-year period, ABEQ has performed better with a 7.06% return vs 3.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABEQ or TFLO?

TFLO is cheaper with a 0.15% expense ratio, compared with 0.85% for ABEQ.

Which ETF pays a higher dividend yield, ABEQ or TFLO?

TFLO has the higher dividend yield at 3.90%, compared with 1.21% for ABEQ.

What is the main difference between ABEQ and TFLO?

ABEQ is categorized as Large Cap Value Equities, while TFLO is Government Bonds. They also come from different issuers: Absolute Investment Advisers LLC and iShares. Their fees differ too: 0.85% for ABEQ and 0.15% for TFLO.

Which has better risk-adjusted returns?

TFLO currently has the higher Sharpe Ratio (14.09 vs 1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.