ABHY vs. ABXB

Last updated Jun 4, 2026

ABHY (Abacus Tactical High Yield ETF) and ABXB (Abacus Flexible Bond Leaders ETF) are both Nontraditional Bonds funds from Abacus. ABHY is actively managed, while ABXB is passively managed. Over the past 5 years, ABHY returned 1.12%/yr vs 1.12%/yr for ABXB. With a 1.00 correlation, they move nearly in lockstep. ABHY charges 0.63%/yr vs 0.62%/yr for ABXB.

Performance

ABHY vs. ABXB - Performance Comparison

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

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with ABHY at 0.19% and ABXB at 0.19%.

ABHY

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

ABXB

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

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

ABHY vs. ABXB - 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%
ABXB Abacus Flexible Bond Leaders ETF	0.19%	8.73%	4.69%	7.79%	-14.49%	1.30%	0.87%

Correlation

The correlation between ABHY and ABXB is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020	1.00

The correlation between ABHY and ABXB has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

ABHY vs. ABXB — 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

ABXB

ABXB Risk / Return Rank: 41
ABXB Sharpe Ratio Rank: 45
ABXB Sortino Ratio Rank: 44
ABXB Omega Ratio Rank: 46
ABXB Calmar Ratio Rank: 32
ABXB Martin Ratio Rank: 35

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. ABXB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abacus Tactical High Yield ETF (ABHY) and Abacus Flexible Bond Leaders ETF (ABXB). 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	ABXB	Difference
Sharpe ratio Return per unit of total volatility	1.54	1.54	0.00
Sortino ratio Return per unit of downside risk	2.18	2.18	0.00
Omega ratio Gain probability vs. loss probability	1.28	1.28	0.00
Calmar ratio Return relative to maximum drawdown	1.56	1.56	0.00
Martin ratio Return relative to average drawdown	5.28	5.28	0.00
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. ABXB - Sharpe Ratio Comparison

The current ABHY Sharpe Ratio is 1.54, which is comparable to the ABXB Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of ABHY and ABXB, 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	ABXB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	1.54	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.20	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.24	0.00

Drawdowns

ABHY vs. ABXB - Drawdown Comparison

The maximum ABHY drawdown since its inception was -16.96%, roughly equal to the maximum ABXB drawdown of -16.96%. Use the drawdown chart below to compare losses from any high point for ABHY and ABXB.

Drawdown Indicators

	ABHY	ABXB	Difference
Max Drawdown Largest peak-to-trough decline	-16.96%	-16.96%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-3.43%	-3.43%	0.00%
Max Drawdown (3Y) Largest decline over 3 years	-3.81%	-3.81%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-16.96%	-16.96%	0.00%
Current Drawdown Current decline from peak	-1.60%	-1.60%	0.00%
Average Drawdown Average peak-to-trough decline	-5.73%	-5.73%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	1.01%	0.00%

Volatility

ABHY vs. ABXB - Volatility Comparison

Abacus Tactical High Yield ETF (ABHY) and Abacus Flexible Bond Leaders ETF (ABXB) have volatilities of 0.98% and 0.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABHY	ABXB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.98%	0.98%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.74%	2.74%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	3.48%	3.48%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.59%	5.59%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.44%	5.44%	0.00%

ABHY vs. ABXB - Expense Ratio Comparison

ABHY has a 0.63% expense ratio, which is higher than ABXB's 0.62% expense ratio.

Dividends

ABHY vs. ABXB - Dividend Comparison

ABHY's dividend yield for the trailing twelve months is around 5.20%, which matches ABXB's 5.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ABHY Abacus Tactical High Yield ETF	5.20%	5.50%	15.35%	4.79%	3.18%	3.40%	0.37%
ABXB Abacus Flexible Bond Leaders ETF	5.20%	5.50%	15.35%	4.79%	3.18%	3.40%	0.37%

Frequently Asked Questions

Can I hold both ABHY and ABXB in my portfolio?

With a correlation of 1.00, ABHY and ABXB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ABHY or ABXB?

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

Which ETF is better, ABHY or ABXB?

On 5-year performance, ABXB leads with 1.12% vs 1.12% for ABHY. On fees, ABXB is cheaper at 0.62% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABHY or ABXB?

Over the 5-year period, ABXB has performed better with a 1.12% 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 ABXB?

ABXB is cheaper with a 0.62% expense ratio, compared with 0.63% for ABHY.

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

ABHY and ABXB have nearly identical dividend yields, around 5.20%.

What is the main difference between ABHY and ABXB?

Their fees differ too: 0.63% for ABHY and 0.62% for ABXB.

Which has better risk-adjusted returns?

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