ABEQ vs. UL
ABEQ (Absolute Select Value ETF) is Large Cap Value Equities fund actively managed by Absolute Investment Advisers LLC, while UL (Unilever PLC) is a stock. Over the past 5 years, ABEQ returned 8.05%/yr vs 1.16%/yr for UL. At a 0.47 correlation, their price movements are largely independent.
Performance
ABEQ vs. UL - Performance Comparison
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Returns By Period
In the year-to-date period, ABEQ achieves a 4.69% return, which is significantly higher than UL's -7.84% return.
ABEQ
- 1D
- 0.09%
- 1M
- 0.01%
- YTD
- 4.69%
- 6M
- 3.56%
- 1Y
- 10.41%
- 3Y*
- 12.13%
- 5Y*
- 8.05%
- 10Y*
- —
UL
- 1D
- 2.69%
- 1M
- 3.31%
- YTD
- -7.84%
- 6M
- -8.30%
- 1Y
- -12.67%
- 3Y*
- 4.05%
- 5Y*
- 1.16%
- 10Y*
- 5.24%
ABEQ vs. UL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ABEQ Absolute Select Value ETF | 4.69% | 15.32% | 12.68% | 4.63% | -1.00% | 12.49% | 2.14% |
UL Unilever PLC | -7.84% | 5.96% | 20.90% | -0.17% | -2.82% | -7.61% | 7.74% |
Correlation
The correlation between ABEQ and UL is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2020 | 0.47 |
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Return for Risk
ABEQ vs. UL — Risk / Return Rank
ABEQ
UL
ABEQ vs. UL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Absolute Select Value ETF (ABEQ) and Unilever PLC (UL). 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.
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 | UL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.76 | ||
| Sortino ratioReturn per unit of downside risk | +2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.92 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | -0.51 | +1.83 |
| Martin ratioReturn relative to average drawdown | 2.94 | -1.01 | +3.95 |
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Drawdowns
ABEQ vs. UL - Drawdown Comparison
The maximum ABEQ drawdown since its inception was -27.82%, smaller than the maximum UL drawdown of -53.55%. Use the drawdown chart below to compare losses from any high point for ABEQ and UL.
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Drawdown Indicators
| ABEQ | UL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.82% | -53.55% | +25.73% |
Max Drawdown (1Y)Largest decline over 1 year | -7.89% | -25.09% | +17.20% |
Max Drawdown (3Y)Largest decline over 3 years | -7.95% | -25.09% | +17.14% |
Max Drawdown (5Y)Largest decline over 5 years | -17.26% | -25.66% | +8.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.13% | — |
Current DrawdownCurrent decline from peak | -6.31% | -19.19% | +12.88% |
Average DrawdownAverage peak-to-trough decline | -4.10% | -10.61% | +6.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.55% | 12.50% | -8.95% |
Volatility
ABEQ vs. UL - Volatility Comparison
The current volatility for Absolute Select Value ETF (ABEQ) is 2.11%, while Unilever PLC (UL) has a volatility of 6.90%. This indicates that ABEQ experiences smaller price fluctuations and is considered to be less risky than UL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABEQ | UL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.11% | 6.90% | -4.79% |
Volatility (6M)Calculated over the trailing 6-month period | 6.48% | 16.99% | -10.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.95% | 21.70% | -12.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.78% | 20.92% | -10.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.80% | 21.51% | -7.71% |
Dividends
ABEQ vs. UL - Dividend Comparison
ABEQ's dividend yield for the trailing twelve months is around 1.19%, less than UL's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABEQ Absolute Select Value ETF | 1.19% | 1.25% | 1.48% | 2.60% | 1.20% | 0.60% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UL Unilever PLC | 3.85% | 3.51% | 3.29% | 3.83% | 3.57% | 3.77% | 3.07% | 3.18% | 3.49% | 2.80% | 3.42% | 3.02% |
Frequently Asked Questions
ABEQ and UL have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UL has higher volatility (6.90%) compared to ABEQ (2.11%). In terms of maximum drawdown, ABEQ dropped -27.82% vs UL's -53.55%.
ABEQ currently has the higher Sharpe Ratio (1.17 vs -0.59), 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.
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