ABFL vs. CNAV

Last updated Jun 4, 2026

ABFL (Abacus FCF Leaders ETF) and CNAV (Mohr Company Nav ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, ABFL returned 20.72% vs 72.64% for CNAV. Their correlation of 0.84 suggests significant overlap in exposure. ABFL charges 0.49%/yr vs 1.31%/yr for CNAV.

Performance

ABFL vs. CNAV - Performance Comparison

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

Returns By Period

In the year-to-date period, ABFL achieves a 17.63% return, which is significantly lower than CNAV's 47.26% return.

ABFL

• 1D: 0.02%
• 1M: 6.04%
• YTD: 17.63%
• 6M: 17.18%
• 1Y: 20.72%
• 3Y*: 19.01%
• 5Y*: 12.77%
• 10Y*: —

CNAV

• 1D: 1.11%
• 1M: 21.60%
• YTD: 47.26%
• 6M: 48.02%
• 1Y: 72.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ABFL vs. CNAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ABFL Abacus FCF Leaders ETF	17.63%	8.07%	2.82%
CNAV Mohr Company Nav ETF	47.26%	16.80%	6.34%

Correlation

The correlation between ABFL and CNAV is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	0.84

The correlation between ABFL and CNAV has been stable across timeframes, ranging from 0.84 to 0.84 - a consistent structural relationship.

Return for Risk

ABFL vs. CNAV — Risk / Return Rank

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

ABFL

ABFL Risk / Return Rank: 45
ABFL Sharpe Ratio Rank: 38
ABFL Sortino Ratio Rank: 37
ABFL Omega Ratio Rank: 36
ABFL Calmar Ratio Rank: 59
ABFL Martin Ratio Rank: 55

CNAV

CNAV Risk / Return Rank: 87
CNAV Sharpe Ratio Rank: 87
CNAV Sortino Ratio Rank: 81
CNAV Omega Ratio Rank: 81
CNAV Calmar Ratio Rank: 90
CNAV Martin Ratio Rank: 93

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. CNAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abacus FCF Leaders ETF (ABFL) and Mohr Company Nav ETF (CNAV). 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.

	ABFL	CNAV	Difference
Sharpe ratio: Return per unit of total volatility	1.36	2.91	-1.55
Sortino ratio: Return per unit of downside risk	1.91	3.62	-1.70
Omega ratio: Gain probability vs. loss probability	1.24	1.48	-0.25
Calmar ratio: Return relative to maximum drawdown	2.90	5.63	-2.72
Martin ratio: Return relative to average drawdown	9.41	24.09	-14.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABFL vs. CNAV - Sharpe Ratio Comparison

The current ABFL Sharpe Ratio is 1.36, which is lower than the CNAV Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of ABFL and CNAV, 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

	ABFL	CNAV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	2.91	-1.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	1.62	-0.83

Drawdowns

ABFL vs. CNAV - Drawdown Comparison

The maximum ABFL drawdown since its inception was -34.95%, which is greater than CNAV's maximum drawdown of -30.06%. Use the drawdown chart below to compare losses from any high point for ABFL and CNAV.

Drawdown Indicators

	ABFL	CNAV	Difference
Max Drawdown Largest peak-to-trough decline	-34.95%	-30.06%	-4.89%
Max Drawdown (1Y) Largest decline over 1 year	-7.17%	-12.97%	+5.80%
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	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.99%	-5.42%	+0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	3.02%	-0.81%

Volatility

ABFL vs. CNAV - Volatility Comparison

The current volatility for Abacus FCF Leaders ETF (ABFL) is 4.48%, while Mohr Company Nav ETF (CNAV) has a volatility of 12.28%. This indicates that ABFL experiences smaller price fluctuations and is considered to be less risky than CNAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABFL	CNAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.48%	12.28%	-7.80%
Volatility (6M) Calculated over the trailing 6-month period	11.70%	21.02%	-9.32%
Volatility (1Y) Calculated over the trailing 1-year period	15.31%	25.08%	-9.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.09%	27.16%	-10.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.71%	27.16%	-8.45%

ABFL vs. CNAV - Expense Ratio Comparison

ABFL has a 0.49% expense ratio, which is lower than CNAV's 1.31% expense ratio.

Dividends

ABFL vs. CNAV - Dividend Comparison

ABFL's dividend yield for the trailing twelve months is around 0.53%, while CNAV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABFL Abacus FCF Leaders ETF	0.53%	0.62%	0.70%	0.94%	1.36%	9.63%	0.41%	0.72%	0.62%	0.40%
CNAV Mohr Company Nav ETF	0.00%	0.00%	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 CNAV in my portfolio?

ABFL and CNAV have a correlation of 0.84, 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 CNAV?

CNAV has higher volatility (12.28%) compared to ABFL (4.48%). In terms of maximum drawdown, ABFL dropped -34.95% vs CNAV's -30.06%.

Which ETF is better, ABFL or CNAV?

On 1-year performance, CNAV leads with 72.64% vs 20.72% for ABFL. On fees, ABFL is cheaper at 0.49% per year. On volatility, ABFL has been the lower-risk option at 4.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABFL or CNAV?

Over the 1-year period, CNAV has performed better with a 72.64% return vs 20.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABFL or CNAV?

ABFL is cheaper with a 0.49% expense ratio, compared with 1.31% for CNAV.

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

ABFL has the higher dividend yield at 0.53%, compared with 0.00% for CNAV.

What is the main difference between ABFL and CNAV?

They also come from different issuers: Abacus and Mohr. Their fees differ too: 0.49% for ABFL and 1.31% for CNAV.

Which has better risk-adjusted returns?

CNAV currently has the higher Sharpe Ratio (2.91 vs 1.36), 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.