ABFL vs. ABLS

Last updated Jun 13, 2026

ABFL (Abacus FCF Leaders ETF) and ABLS (Abacus FCF Small Cap Leaders ETF) are both exchange-traded funds - ABFL is a Large Cap Blend Equities fund actively managed by Abacus, while ABLS is a Small Cap Blend Equities fund tracking the Abacus FCF Small Cap Leaders Index. ABFL is actively managed, while ABLS is passively managed. Over the past year, ABFL returned 18.29% vs 4.74% for ABLS. A 0.73 correlation means they provide meaningful diversification when combined. ABFL charges 0.49%/yr vs 0.39%/yr for ABLS.

Performance

ABFL vs. ABLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abacus FCF Leaders ETF (ABFL) and Abacus FCF Small Cap Leaders ETF (ABLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABFL achieves a 15.91% return, which is significantly higher than ABLS's 7.62% return.

ABFL

• 1D: 1.15%
• 1M: 1.18%
• YTD: 15.91%
• 6M: 15.44%
• 1Y: 18.29%
• 3Y*: 17.78%
• 5Y*: 12.33%
• 10Y*: —

ABLS

• 1D: 0.82%
• 1M: 4.76%
• YTD: 7.62%
• 6M: 3.75%
• 1Y: 4.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ABFL vs. ABLS - Yearly Performance Comparison

	2026 (YTD)	2025
ABFL Abacus FCF Leaders ETF	15.91%	1.02%
ABLS Abacus FCF Small Cap Leaders ETF	7.62%	-8.72%

Correlation

The correlation between ABFL and ABLS is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025	0.73

The correlation between ABFL and ABLS has been stable across timeframes, ranging from 0.68 to 0.73 - a consistent structural relationship.

Return for Risk

ABFL vs. ABLS — Risk / Return Rank

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

ABFL

ABFL Risk / Return Rank: 43
ABFL Sharpe Ratio Rank: 36
ABFL Sortino Ratio Rank: 34
ABFL Omega Ratio Rank: 33
ABFL Calmar Ratio Rank: 58
ABFL Martin Ratio Rank: 53

ABLS

ABLS Risk / Return Rank: 13
ABLS Sharpe Ratio Rank: 13
ABLS Sortino Ratio Rank: 13
ABLS Omega Ratio Rank: 13
ABLS Calmar Ratio Rank: 13
ABLS Martin Ratio Rank: 13

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.

ABFL vs. ABLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abacus FCF Leaders ETF (ABFL) and Abacus FCF Small Cap Leaders ETF (ABLS). 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.

	ABFL	ABLS	Difference
Sharpe ratio: Return per unit of total volatility	1.15	0.27	+0.88
Sortino ratio: Return per unit of downside risk	1.64	0.51	+1.13
Omega ratio: Gain probability vs. loss probability	1.20	1.06	+0.14
Calmar ratio: Return relative to maximum drawdown	2.56	0.29	+2.27
Martin ratio: Return relative to average drawdown	8.19	0.82	+7.37

ABFL vs. ABLS - Sharpe Ratio Comparison

The current ABFL Sharpe Ratio is 1.15, which is higher than the ABLS Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of ABFL and ABLS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ABFL vs. ABLS - Drawdown Comparison

The maximum ABFL drawdown since its inception was -34.95%, which is greater than ABLS's maximum drawdown of -19.28%. Use the drawdown chart below to compare losses from any high point for ABFL and ABLS.

Drawdown Indicators

	ABFL	ABLS	Difference
Max Drawdown Largest peak-to-trough decline	-34.95%	-19.28%	-15.67%
Max Drawdown (1Y) Largest decline over 1 year	-7.17%	-16.19%	+9.02%
Max Drawdown (3Y) Largest decline over 3 years	-19.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.88%	—	—
Current Drawdown Current decline from peak	-1.73%	-1.77%	+0.04%
Average Drawdown Average peak-to-trough decline	-4.98%	-8.33%	+3.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	5.81%	-3.56%

Volatility

ABFL vs. ABLS - Volatility Comparison

Abacus FCF Leaders ETF (ABFL) has a higher volatility of 5.94% compared to Abacus FCF Small Cap Leaders ETF (ABLS) at 4.83%. This indicates that ABFL's price experiences larger fluctuations and is considered to be riskier than ABLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABFL	ABLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.94%	4.83%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	12.68%	13.16%	-0.48%
Volatility (1Y) Calculated over the trailing 1-year period	16.02%	17.74%	-1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.22%	21.28%	-4.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.75%	21.28%	-2.53%

ABFL vs. ABLS - Expense Ratio Comparison

ABFL has a 0.49% expense ratio, which is higher than ABLS's 0.39% expense ratio.

Dividends

ABFL vs. ABLS - Dividend Comparison

ABFL's dividend yield for the trailing twelve months is around 0.54%, less than ABLS's 13.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABFL Abacus FCF Leaders ETF	0.54%	0.62%	0.70%	0.94%	1.36%	9.63%	0.41%	0.72%	0.62%	0.40%
ABLS Abacus FCF Small Cap Leaders ETF	13.06%	14.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ABFL and ABLS in my portfolio?

ABFL and ABLS have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABFL or ABLS?

ABFL has higher volatility (5.94%) compared to ABLS (4.83%). In terms of maximum drawdown, ABFL dropped -34.95% vs ABLS's -19.28%.

Which ETF is better, ABFL or ABLS?

On 1-year performance, ABFL leads with 18.29% vs 4.74% for ABLS. On fees, ABLS is cheaper at 0.39% per year. On volatility, ABLS has been the lower-risk option at 4.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABFL or ABLS?

Over the 1-year period, ABFL has performed better with a 18.29% return vs 4.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABFL or ABLS?

ABLS is cheaper with a 0.39% expense ratio, compared with 0.49% for ABFL.

Which ETF pays a higher dividend yield, ABFL or ABLS?

ABLS has the higher dividend yield at 13.06%, compared with 0.54% for ABFL.

What is the main difference between ABFL and ABLS?

ABFL is categorized as Large Cap Blend Equities, while ABLS is Small Cap Blend Equities. Their fees differ too: 0.49% for ABFL and 0.39% for ABLS.

Which has better risk-adjusted returns?

ABFL currently has the higher Sharpe Ratio (1.15 vs 0.27), 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.