ABHY vs. ABLG

Last updated Jun 4, 2026

ABHY (Abacus Tactical High Yield ETF) and ABLG (Abacus FCF International Leaders ETF) are both exchange-traded funds - ABHY is a Nontraditional Bonds fund actively managed by Abacus, while ABLG is a Foreign Large Cap Equities fund actively managed by Abacus. Both are actively managed. Over the past 5 years, ABHY returned 1.12%/yr vs 1.80%/yr for ABLG. At a 0.49 correlation, their price movements are largely independent. ABHY charges 0.63%/yr vs 0.54%/yr for ABLG.

Performance

ABHY vs. ABLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abacus Tactical High Yield ETF (ABHY) and Abacus FCF International Leaders ETF (ABLG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABHY achieves a 0.19% return, which is significantly lower than ABLG's 4.01% return.

ABHY

• 1D: -0.31%
• 1M: 0.32%
• YTD: 0.19%
• 6M: 0.47%
• 1Y: 5.34%
• 3Y*: 6.41%
• 5Y*: 1.12%
• 10Y*: —

ABLG

• 1D: -0.49%
• 1M: 3.53%
• YTD: 4.01%
• 6M: 3.75%
• 1Y: 9.23%
• 3Y*: 9.61%
• 5Y*: 1.80%
• 10Y*: —

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

ABHY vs. ABLG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ABHY Abacus Tactical High Yield ETF	0.19%	8.73%	4.69%	7.79%	-14.49%	1.30%	0.87%
ABLG Abacus FCF International Leaders ETF	4.01%	13.27%	0.39%	18.22%	-24.37%	16.87%	3.66%

Correlation

The correlation between ABHY and ABLG is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020	0.49

The correlation between ABHY and ABLG shifts across timeframes, from 0.48 (5 years) to 0.60 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ABHY vs. ABLG — Risk / Return Rank

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

ABHY

ABHY Risk / Return Rank: 40
ABHY Sharpe Ratio Rank: 44
ABHY Sortino Ratio Rank: 43
ABHY Omega Ratio Rank: 45
ABHY Calmar Ratio Rank: 32
ABHY Martin Ratio Rank: 35

ABLG

ABLG Risk / Return Rank: 19
ABLG Sharpe Ratio Rank: 18
ABLG Sortino Ratio Rank: 18
ABLG Omega Ratio Rank: 18
ABLG Calmar Ratio Rank: 18
ABLG Martin Ratio Rank: 22

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.

ABHY vs. ABLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abacus Tactical High Yield ETF (ABHY) and Abacus FCF International Leaders ETF (ABLG). 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.

	ABHY	ABLG	Difference
Sharpe ratio Return per unit of total volatility	1.54	0.54	+1.00
Sortino ratio Return per unit of downside risk	2.18	0.89	+1.28
Omega ratio Gain probability vs. loss probability	1.28	1.11	+0.18
Calmar ratio Return relative to maximum drawdown	1.56	0.71	+0.85
Martin ratio Return relative to average drawdown	5.28	2.53	+2.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABHY vs. ABLG - Sharpe Ratio Comparison

The current ABHY Sharpe Ratio is 1.54, which is higher than the ABLG Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of ABHY and ABLG, 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

	ABHY	ABLG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	0.54	+1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.11	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.29	-0.05

Drawdowns

ABHY vs. ABLG - Drawdown Comparison

The maximum ABHY drawdown since its inception was -16.96%, smaller than the maximum ABLG drawdown of -34.17%. Use the drawdown chart below to compare losses from any high point for ABHY and ABLG.

Drawdown Indicators

	ABHY	ABLG	Difference
Max Drawdown Largest peak-to-trough decline	-16.96%	-34.17%	+17.21%
Max Drawdown (1Y) Largest decline over 1 year	-3.43%	-13.00%	+9.57%
Max Drawdown (3Y) Largest decline over 3 years	-3.81%	-21.34%	+17.53%
Max Drawdown (5Y) Largest decline over 5 years	-16.96%	-34.13%	+17.17%
Current Drawdown Current decline from peak	-1.60%	-1.32%	-0.28%
Average Drawdown Average peak-to-trough decline	-5.73%	-9.21%	+3.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	3.66%	-2.65%

Volatility

ABHY vs. ABLG - Volatility Comparison

The current volatility for Abacus Tactical High Yield ETF (ABHY) is 0.98%, while Abacus FCF International Leaders ETF (ABLG) has a volatility of 6.15%. This indicates that ABHY experiences smaller price fluctuations and is considered to be less risky than ABLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABHY	ABLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.98%	6.15%	-5.17%
Volatility (6M) Calculated over the trailing 6-month period	2.74%	14.17%	-11.43%
Volatility (1Y) Calculated over the trailing 1-year period	3.48%	17.02%	-13.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.59%	16.92%	-11.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.44%	18.89%	-13.45%

ABHY vs. ABLG - Expense Ratio Comparison

ABHY has a 0.63% expense ratio, which is higher than ABLG's 0.54% expense ratio.

Dividends

ABHY vs. ABLG - Dividend Comparison

ABHY's dividend yield for the trailing twelve months is around 5.20%, more than ABLG's 2.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABHY Abacus Tactical High Yield ETF	5.20%	5.50%	15.35%	4.79%	3.18%	3.40%	0.37%	0.00%	0.00%	0.00%
ABLG Abacus FCF International Leaders ETF	2.45%	2.30%	2.13%	2.39%	9.36%	2.01%	0.64%	1.90%	0.92%	0.26%

Frequently Asked Questions

Can I hold both ABHY and ABLG in my portfolio?

ABHY and ABLG have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABHY or ABLG?

ABLG has higher volatility (6.15%) compared to ABHY (0.98%). In terms of maximum drawdown, ABHY dropped -16.96% vs ABLG's -34.17%.

Which ETF is better, ABHY or ABLG?

On 5-year performance, ABLG leads with 1.80% vs 1.12% for ABHY. On fees, ABLG is cheaper at 0.54% per year. On volatility, ABHY has been the lower-risk option at 0.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABHY or ABLG?

Over the 5-year period, ABLG has performed better with a 1.80% return vs 1.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABHY or ABLG?

ABLG is cheaper with a 0.54% expense ratio, compared with 0.63% for ABHY.

Which ETF pays a higher dividend yield, ABHY or ABLG?

ABHY has the higher dividend yield at 5.20%, compared with 2.45% for ABLG.

What is the main difference between ABHY and ABLG?

ABHY is categorized as Nontraditional Bonds, while ABLG is Foreign Large Cap Equities. Their fees differ too: 0.63% for ABHY and 0.54% for ABLG.

Which has better risk-adjusted returns?

ABHY currently has the higher Sharpe Ratio (1.54 vs 0.54), 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.