ABFL vs. TEXN
ABFL (Abacus FCF Leaders ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds. ABFL is actively managed, while TEXN is passively managed. A 0.56 correlation means they provide meaningful diversification when combined. ABFL charges 0.49%/yr vs 0.20%/yr for TEXN.
Performance
ABFL vs. TEXN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ABFL achieves a 17.63% return, which is significantly lower than TEXN's 25.94% return.
ABFL
- 1D
- 0.02%
- 1M
- 6.04%
- YTD
- 17.63%
- 6M
- 17.18%
- 1Y
- 20.72%
- 3Y*
- 19.01%
- 5Y*
- 12.77%
- 10Y*
- —
TEXN
- 1D
- -0.24%
- 1M
- 5.35%
- YTD
- 25.94%
- 6M
- 24.41%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ABFL vs. TEXN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ABFL Abacus FCF Leaders ETF | 17.63% | 2.25% |
TEXN iShares Texas Equity ETF | 25.94% | 8.16% |
Correlation
The correlation between ABFL and TEXN is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025 | 0.56 |
ABFL vs. TEXN - Sectors Allocation Comparison
Sectors
ABFL
TEXN
Technology
Industrials
Healthcare
Energy
Consumer Defensive
Consumer Cyclical
Basic Materials
Communication Services
Financial Services
Real Estate
-
Utilities
-
Technology
ABFL
TEXN
Industrials
ABFL
TEXN
Healthcare
ABFL
TEXN
Energy
ABFL
TEXN
Consumer Defensive
ABFL
TEXN
Consumer Cyclical
ABFL
TEXN
Basic Materials
ABFL
TEXN
Communication Services
ABFL
TEXN
Financial Services
ABFL
TEXN
Real Estate
ABFL
-
TEXN
Utilities
ABFL
-
TEXN
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ABFL vs. TEXN — Risk / Return Rank
ABFL
TEXN
ABFL vs. TEXN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abacus FCF Leaders ETF (ABFL) and iShares Texas Equity ETF (TEXN). 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 | TEXN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.24 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | — | — |
| Martin ratioReturn relative to average drawdown | 9.41 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ABFL | TEXN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | — | — |
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 | 2.75 | -1.96 |
Drawdowns
ABFL vs. TEXN - Drawdown Comparison
The maximum ABFL drawdown since its inception was -34.95%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for ABFL and TEXN.
Loading charts...
Drawdown Indicators
| ABFL | TEXN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.95% | -6.34% | -28.61% |
Max Drawdown (1Y)Largest decline over 1 year | -7.17% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -19.92% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.88% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.24% | +0.24% |
Average DrawdownAverage peak-to-trough decline | -4.99% | -1.12% | -3.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | — | — |
Volatility
ABFL vs. TEXN - Volatility Comparison
Loading charts...
Volatility by Period
| ABFL | TEXN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.70% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.31% | 14.19% | +1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.09% | 14.19% | +2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.71% | 14.19% | +4.52% |
ABFL vs. TEXN - Expense Ratio Comparison
ABFL has a 0.49% expense ratio, which is higher than TEXN's 0.20% expense ratio.
Dividends
ABFL vs. TEXN - Dividend Comparison
ABFL's dividend yield for the trailing twelve months is around 0.53%, less than TEXN's 1.01% yield.
| 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% |
TEXN iShares Texas Equity ETF | 1.01% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ABFL and TEXN have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TEXN is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TEXN is cheaper with a 0.20% expense ratio, compared with 0.49% for ABFL.
TEXN has the higher dividend yield at 1.01%, compared with 0.53% for ABFL.
They also come from different issuers: Abacus and iShares. Their fees differ too: 0.49% for ABFL and 0.20% for TEXN.
Find the right allocation for ABFL and TEXN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer