ABLG vs. ABHY

Last updated Jun 3, 2026

ABLG (Abacus FCF International Leaders ETF) and ABHY (Abacus Tactical High Yield ETF) are both exchange-traded funds - ABLG is a Foreign Large Cap Equities fund actively managed by Abacus, while ABHY is a Nontraditional Bonds fund actively managed by Abacus. Both are actively managed. Over the past 5 years, ABLG returned 2.09%/yr vs 1.21%/yr for ABHY. At a 0.49 correlation, their price movements are largely independent. ABLG charges 0.54%/yr vs 0.63%/yr for ABHY.

Performance

ABLG vs. ABHY - Performance Comparison

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

Returns By Period

In the year-to-date period, ABLG achieves a 4.52% return, which is significantly higher than ABHY's 0.50% return.

ABLG

• 1D: 1.19%
• 1M: 3.16%
• YTD: 4.52%
• 6M: 5.07%
• 1Y: 9.41%
• 3Y*: 9.79%
• 5Y*: 2.09%
• 10Y*: —

ABHY

• 1D: 0.06%
• 1M: 0.35%
• YTD: 0.50%
• 6M: 0.87%
• 1Y: 5.87%
• 3Y*: 6.52%
• 5Y*: 1.21%
• 10Y*: —

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

ABLG vs. ABHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ABLG Abacus FCF International Leaders ETF	4.52%	13.27%	0.39%	18.22%	-24.37%	16.87%	3.66%
ABHY Abacus Tactical High Yield ETF	0.50%	8.73%	4.69%	7.79%	-14.49%	1.30%	0.87%

Correlation

The correlation between ABLG and ABHY is 0.59, 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	0.59
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 ABLG and ABHY shifts across timeframes, from 0.48 (5 years) to 0.59 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ABLG vs. ABHY — Risk / Return Rank

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

ABLG

ABLG Risk / Return Rank: 19
ABLG Sharpe Ratio Rank: 17
ABLG Sortino Ratio Rank: 18
ABLG Omega Ratio Rank: 17
ABLG Calmar Ratio Rank: 19
ABLG Martin Ratio Rank: 22

ABHY

ABHY Risk / Return Rank: 43
ABHY Sharpe Ratio Rank: 48
ABHY Sortino Ratio Rank: 48
ABHY Omega Ratio Rank: 50
ABHY Calmar Ratio Rank: 34
ABHY Martin Ratio Rank: 37

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.

ABLG vs. ABHY - Risk-Adjusted Trends Comparison

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

	ABLG	ABHY	Difference
Sharpe ratio Return per unit of total volatility	0.56	1.70	-1.15
Sortino ratio Return per unit of downside risk	0.91	2.40	-1.49
Omega ratio Gain probability vs. loss probability	1.11	1.32	-0.21
Calmar ratio Return relative to maximum drawdown	0.79	1.68	-0.89
Martin ratio Return relative to average drawdown	2.81	5.73	-2.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABLG vs. ABHY - Sharpe Ratio Comparison

The current ABLG Sharpe Ratio is 0.56, which is lower than the ABHY Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of ABLG and ABHY, 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

	ABLG	ABHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	1.70	-1.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.22	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.25	+0.04

Drawdowns

ABLG vs. ABHY - Drawdown Comparison

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

Drawdown Indicators

	ABLG	ABHY	Difference
Max Drawdown Largest peak-to-trough decline	-34.17%	-16.96%	-17.21%
Max Drawdown (1Y) Largest decline over 1 year	-13.00%	-3.43%	-9.57%
Max Drawdown (3Y) Largest decline over 3 years	-21.34%	-3.81%	-17.53%
Max Drawdown (5Y) Largest decline over 5 years	-34.13%	-16.96%	-17.17%
Current Drawdown Current decline from peak	-0.84%	-1.29%	+0.45%
Average Drawdown Average peak-to-trough decline	-9.21%	-5.73%	-3.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.66%	1.01%	+2.65%

Volatility

ABLG vs. ABHY - Volatility Comparison

Abacus FCF International Leaders ETF (ABLG) has a higher volatility of 6.20% compared to Abacus Tactical High Yield ETF (ABHY) at 0.97%. This indicates that ABLG's price experiences larger fluctuations and is considered to be riskier than ABHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABLG	ABHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.20%	0.97%	+5.23%
Volatility (6M) Calculated over the trailing 6-month period	14.17%	2.73%	+11.44%
Volatility (1Y) Calculated over the trailing 1-year period	17.03%	3.46%	+13.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.93%	5.59%	+11.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.90%	5.44%	+13.46%

ABLG vs. ABHY - Expense Ratio Comparison

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

Dividends

ABLG vs. ABHY - Dividend Comparison

ABLG's dividend yield for the trailing twelve months is around 2.43%, less than ABHY's 5.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABHY Abacus Tactical High Yield ETF	5.18%	5.50%	15.35%	4.79%	3.18%	3.40%	0.37%	0.00%	0.00%	0.00%
ABLG Abacus FCF International Leaders ETF	2.43%	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 ABLG and ABHY in my portfolio?

ABLG and ABHY have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABLG or ABHY?

ABLG has higher volatility (6.20%) compared to ABHY (0.97%). In terms of maximum drawdown, ABLG dropped -34.17% vs ABHY's -16.96%.

Which ETF is better, ABLG or ABHY?

On 5-year performance, ABLG leads with 2.09% vs 1.21% for ABHY. On fees, ABLG is cheaper at 0.54% per year. On volatility, ABHY has been the lower-risk option at 0.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABLG or ABHY?

Over the 5-year period, ABLG has performed better with a 2.09% return vs 1.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABLG or ABHY?

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

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

ABHY has the higher dividend yield at 5.18%, compared with 2.43% for ABLG.

What is the main difference between ABLG and ABHY?

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

Which has better risk-adjusted returns?

ABHY currently has the higher Sharpe Ratio (1.70 vs 0.56), 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.