ABLD vs. FOVL
ABLD (Abacus FCF Real Assets Leaders ETF) and FOVL (iShares Focused Value Factor ETF) are both Mid Cap Value Equities funds - ABLD tracks the FCF Yield Enhanced Real Asset Index while FOVL tracks the MSCI USA IMI Focused Value Factor Index. Both are passively managed. Their 0.71 correlation means they have sometimes moved together and sometimes differently. ABLD charges 0.39%/yr vs 0.25%/yr for FOVL.
Performance
ABLD vs. FOVL - Performance Comparison
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Returns By Period
ABLD
- 1D
- 0.14%
- 1M
- 3.14%
- 6M
- 1.06%
- YTD
- 8.56%
- 1Y
- 12.72%
- 3Y*
- 9.40%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.34%
FOVL
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $255.09K | $266.40K | $366.51K |
ABLD vs. FOVL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ABLD Abacus FCF Real Assets Leaders ETF | 8.56% | 6.64% | 7.05% | 18.89% | 7.42% | 3.86% |
FOVL iShares Focused Value Factor ETF | 0.00% | 6.43% | 22.87% | 17.72% | -9.39% | 3.74% |
Correlation
The correlation between ABLD and FOVL is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2021 | 0.71 |
Over the past year, the correlation between ABLD and FOVL has dropped to 0.01 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
ABLD vs. FOVL — Risk / Return Rank
ABLD
FOVL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ABLD vs. FOVL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abacus FCF Real Assets Leaders ETF (ABLD) and iShares Focused Value Factor ETF (FOVL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ABLD | FOVL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.16 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | — | — |
| Martin ratioReturn relative to average drawdown | 2.42 | — | — |
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Drawdowns
ABLD vs. FOVL - Drawdown Comparison
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Drawdown Indicators
| ABLD | FOVL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.35% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -11.64% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -19.35% | — | — |
Current DrawdownCurrent decline from peak | -7.34% | — | — |
Average DrawdownAverage peak-to-trough decline | -4.14% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.99% | — | — |
Volatility
ABLD vs. FOVL - Volatility Comparison
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Volatility by Period
| ABLD | FOVL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.91% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.94% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.36% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | — | — |
ABLD vs. FOVL - Expense Ratio Comparison
ABLD has a 0.39% expense ratio, which is higher than FOVL's 0.25% expense ratio.
Dividends
ABLD vs. FOVL - Dividend Comparison
ABLD's dividend yield for the trailing twelve months is around 3.54%, while FOVL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
ABLD Abacus FCF Real Assets Leaders ETF | 3.54% | 2.86% | 10.13% | 4.70% | 8.40% | 0.08% | 0.00% | 0.00% |
FOVL iShares Focused Value Factor ETF | 0.00% | 1.36% | 2.08% | 2.59% | 3.38% | 2.80% | 2.88% | 2.09% |
Frequently Asked Questions
ABLD and FOVL have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FOVL is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FOVL is cheaper with a 0.25% expense ratio, compared with 0.39% for ABLD.
ABLD has the higher dividend yield at 3.54%, compared with 0.00% for FOVL.
ABLD tracks FCF Yield Enhanced Real Asset Index, while FOVL tracks MSCI USA IMI Focused Value Factor Index. They also come from different issuers: Abacus and iShares. Their fees differ too: 0.39% for ABLD and 0.25% for FOVL.
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