ABI vs. SCIO
ABI (VictoryShares Pioneer Asset-Based Income ETF) and SCIO (First Trust Structured Credit Income Opportunities ETF) are both Multisector Bonds funds. At a 0.36 correlation, their price movements are largely independent. ABI charges 0.65%/yr vs 0.70%/yr for SCIO.
Performance
ABI vs. SCIO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ABI achieves a 2.61% return, which is significantly higher than SCIO's 1.43% return.
ABI
- 1D
- -0.04%
- 1M
- 0.75%
- YTD
- 2.61%
- 6M
- 3.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCIO
- 1D
- 0.00%
- 1M
- 0.33%
- YTD
- 1.43%
- 6M
- 1.90%
- 1Y
- 7.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ABI vs. SCIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ABI VictoryShares Pioneer Asset-Based Income ETF | 2.61% | 2.05% |
SCIO First Trust Structured Credit Income Opportunities ETF | 1.43% | 3.91% |
Correlation
The correlation between ABI and SCIO is 0.36, 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 | 0.36 |
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
ABI vs. SCIO — Risk / Return Rank
ABI
SCIO
ABI vs. SCIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares Pioneer Asset-Based Income ETF (ABI) and First Trust Structured Credit Income Opportunities ETF (SCIO). 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.
Loading charts...
Sharpe Ratios by Period
| ABI | SCIO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.92 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.98 | 2.51 | +1.47 |
Drawdowns
ABI vs. SCIO - Drawdown Comparison
The maximum ABI drawdown since its inception was -0.95%, smaller than the maximum SCIO drawdown of -1.72%. Use the drawdown chart below to compare losses from any high point for ABI and SCIO.
Loading charts...
Drawdown Indicators
| ABI | SCIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.95% | -1.72% | +0.77% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.72% | — |
Current DrawdownCurrent decline from peak | -0.04% | -0.25% | +0.21% |
Average DrawdownAverage peak-to-trough decline | -0.19% | -0.31% | +0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.52% | — |
Volatility
ABI vs. SCIO - Volatility Comparison
Loading charts...
Volatility by Period
| ABI | SCIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.70% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.28% | 3.78% | -2.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.28% | 3.20% | -1.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.28% | 3.20% | -1.92% |
ABI vs. SCIO - Expense Ratio Comparison
ABI has a 0.65% expense ratio, which is lower than SCIO's 0.70% expense ratio.
Dividends
ABI vs. SCIO - Dividend Comparison
ABI's dividend yield for the trailing twelve months is around 5.18%, less than SCIO's 5.99% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ABI VictoryShares Pioneer Asset-Based Income ETF | 5.18% | 3.01% | 0.00% |
SCIO First Trust Structured Credit Income Opportunities ETF | 5.99% | 6.31% | 6.02% |
Frequently Asked Questions
ABI and SCIO have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ABI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ABI is cheaper with a 0.65% expense ratio, compared with 0.70% for SCIO.
SCIO has the higher dividend yield at 5.99%, compared with 5.18% for ABI.
They also come from different issuers: VictoryShares and First Trust. Their fees differ too: 0.65% for ABI and 0.70% for SCIO.
Find the right allocation for ABI and SCIO
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