ABI vs. CFO

Last updated Jun 6, 2026

ABI (VictoryShares Pioneer Asset-Based Income ETF) and CFO (VictoryShares US 500 Enhanced Volatility Weighted ETF) are both exchange-traded funds - ABI is a Multisector Bonds fund managed by VictoryShares, while CFO is a Large Cap Blend Equities fund tracking the Nasdaq Victory U.S. Large Cap 500 Long/Cash Volatility Weighted Index. At a 0.20 correlation, their price movements are largely independent. ABI charges 0.65%/yr vs 0.35%/yr for CFO.

Performance

ABI vs. CFO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Pioneer Asset-Based Income ETF (ABI) and VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABI achieves a 2.53% return, which is significantly lower than CFO's 6.55% return.

ABI

• 1D: -0.08%
• 1M: 0.51%
• YTD: 2.53%
• 6M: 2.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CFO

• 1D: -0.90%
• 1M: 0.49%
• YTD: 6.55%
• 6M: 6.64%
• 1Y: 14.06%
• 3Y*: 10.36%
• 5Y*: 3.86%
• 10Y*: 9.28%

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

ABI vs. CFO - Yearly Performance Comparison

	2026 (YTD)	2025
ABI VictoryShares Pioneer Asset-Based Income ETF	2.53%	2.05%
CFO VictoryShares US 500 Enhanced Volatility Weighted ETF	6.55%	5.28%

Correlation

The correlation between ABI and CFO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025	0.20

Return for Risk

ABI vs. CFO — Risk / Return Rank

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

CFO

CFO Risk / Return Rank: 41
CFO Sharpe Ratio Rank: 40
CFO Sortino Ratio Rank: 40
CFO Omega Ratio Rank: 37
CFO Calmar Ratio Rank: 43
CFO Martin Ratio Rank: 47

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.

ABI vs. CFO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Pioneer Asset-Based Income ETF (ABI) and VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ABI	CFO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.31	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.29	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.88	0.65	+3.23

Drawdowns

ABI vs. CFO - Drawdown Comparison

The maximum ABI drawdown since its inception was -0.95%, smaller than the maximum CFO drawdown of -24.35%. Use the drawdown chart below to compare losses from any high point for ABI and CFO.

Drawdown Indicators

	ABI	CFO	Difference
Max Drawdown Largest peak-to-trough decline	-0.95%	-24.35%	+23.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.10%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.25%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.35%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-24.35%	—
Current Drawdown Current decline from peak	-0.12%	-0.90%	+0.78%
Average Drawdown Average peak-to-trough decline	-0.19%	-5.61%	+5.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.92%	—

Volatility

Volatility by Period

	ABI	CFO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.59%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.27%	10.81%	-9.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.27%	13.32%	-12.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.27%	13.27%	-12.00%

ABI vs. CFO - Expense Ratio Comparison

ABI has a 0.65% expense ratio, which is higher than CFO's 0.35% expense ratio.

Dividends

ABI vs. CFO - Dividend Comparison

ABI's dividend yield for the trailing twelve months is around 5.18%, more than CFO's 1.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABI VictoryShares Pioneer Asset-Based Income ETF	5.18%	3.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CFO VictoryShares US 500 Enhanced Volatility Weighted ETF	1.24%	1.32%	1.44%	1.72%	3.95%	1.06%	0.90%	1.44%	1.49%	1.18%	1.35%	1.31%

Frequently Asked Questions

Can I hold both ABI and CFO in my portfolio?

ABI and CFO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ABI or CFO?

On fees, CFO is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ABI or CFO?

CFO is cheaper with a 0.35% expense ratio, compared with 0.65% for ABI.

Which ETF pays a higher dividend yield, ABI or CFO?

ABI has the higher dividend yield at 5.18%, compared with 1.24% for CFO.

What is the main difference between ABI and CFO?

ABI is categorized as Multisector Bonds, while CFO is Large Cap Blend Equities. Their fees differ too: 0.65% for ABI and 0.35% for CFO.