ABEQ vs. UL
ABEQ (Absolute Select Value ETF) is Large Cap Value Equities fund actively managed by Absolute Investment Advisers, while UL (Unilever PLC) is a stock. Over the past 5 years, ABEQ returned 8.42%/yr vs 3.32%/yr for UL. Their 0.47 correlation means their historical movements had little consistent relationship.
Performance
ABEQ vs. UL - Performance Comparison
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Returns By Period
In the year-to-date period, ABEQ achieves a 7.54% return, which is significantly higher than UL's -0.76% return.
ABEQ
- 1D
- 0.27%
- 1M
- 1.30%
- 6M
- 2.94%
- YTD
- 7.54%
- 1Y
- 13.63%
- 3Y*
- 12.47%
- 5Y*
- 8.42%
- 10Y*
- —
- ALL TIME*
- 8.10%
UL
- 1D
- 0.62%
- 1M
- 2.11%
- 6M
- -5.62%
- YTD
- -0.76%
- 1Y
- -3.04%
- 3Y*
- 6.24%
- 5Y*
- 3.32%
- 10Y*
- 5.49%
- ALL TIME*
- 9.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $447.80K | $487.79K | $489.86K | |
| $415.20M | $322.97M | $264.88M |
ABEQ vs. UL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ABEQ Absolute Select Value ETF | 7.54% | 15.32% | 12.68% | 4.63% | -1.00% | 12.49% | 2.14% |
UL Unilever PLC | -0.76% | 5.96% | 20.90% | -0.17% | -2.82% | -7.61% | 7.74% |
Correlation
The correlation between ABEQ and UL is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.46 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
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 | +1.63 | ||
| Sortino ratioReturn per unit of downside risk | +2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.00 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | -0.12 | +1.86 |
| Martin ratioReturn relative to average drawdown | 3.43 | -0.23 | +3.66 |
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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% | -25.09% | +7.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.13% | — |
Current DrawdownCurrent decline from peak | -3.76% | -12.99% | +9.23% |
Average DrawdownAverage peak-to-trough decline | -4.12% | -10.63% | +6.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 13.50% | -9.52% |
Volatility
ABEQ vs. UL - Volatility Comparison
The current volatility for Absolute Select Value ETF (ABEQ) is 2.78%, while Unilever PLC (UL) has a volatility of 11.17%. 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 | 2.78% | 11.17% | -8.39% |
Volatility (6M)Calculated over the trailing 6-month period | 6.52% | 19.67% | -13.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.12% | 24.10% | -14.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.78% | 21.32% | -10.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.75% | 21.75% | -8.00% |
Dividends
ABEQ vs. UL - Dividend Comparison
ABEQ's dividend yield for the trailing twelve months is around 1.18%, less than UL's 3.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABEQ Absolute Select Value ETF | 1.18% | 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 | 3.57% | 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 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UL has higher volatility (11.17%) compared to ABEQ (2.78%). In terms of maximum drawdown, ABEQ dropped -27.82% vs UL's -53.55%.
ABEQ currently has the higher Sharpe Ratio (1.50 vs -0.13), 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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