ABLS vs. ABFL

Last updated Aug 1, 2026

ABLS (Abacus FCF Small Cap Leaders ETF) and ABFL (Abacus FCF Leaders ETF) are both exchange-traded funds - ABLS is a Small Cap Blend Equities fund tracking the Abacus FCF Small Cap Leaders Index, while ABFL is a Large Cap Blend Equities fund actively managed by Abacus. ABLS is passively managed, while ABFL is actively managed. Over the past year, ABLS returned 14.54% vs 19.70% for ABFL. Their 0.70 correlation means they have sometimes moved together and sometimes differently. ABLS charges 0.39%/yr vs 0.49%/yr for ABFL.

Performance

ABLS vs. ABFL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abacus FCF Small Cap Leaders ETF (ABLS) and Abacus FCF Leaders ETF (ABFL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with ABLS having a 13.73% return and ABFL slightly higher at 14.35%.

ABLS

• 1D: -0.53%
• 1M: -3.94%
• 6M: 16.41%
• YTD: 13.73%
• 1Y: 14.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.62%

ABFL

• 1D: 0.00%
• 1M: -2.18%
• 6M: 12.88%
• YTD: 14.35%
• 1Y: 19.70%
• 3Y*: 15.53%
• 5Y*: 11.00%
• 10Y*: —
• ALL TIME*: 14.01%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ABFL Abacus FCF Leaders ETF	$1.07M	$1.13M	$1.18M
ABLS Abacus FCF Small Cap Leaders ETF	$105.10K	$83.71K	$40.86K

ABLS vs. ABFL - Yearly Performance Comparison

	2026 (YTD)	2025
ABLS Abacus FCF Small Cap Leaders ETF	13.73%	-8.72%
ABFL Abacus FCF Leaders ETF	14.35%	1.02%

Correlation

The correlation between ABLS and ABFL is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.64
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025	0.70

The correlation between ABLS and ABFL has been stable across timeframes, ranging from 0.64 to 0.70 - a consistent structural relationship.

Return for Risk

ABLS vs. ABFL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ABLS

ABLS Risk / Return Rank: 27
ABLS Sharpe Ratio Rank: 28
ABLS Sortino Ratio Rank: 29
ABLS Omega Ratio Rank: 26
ABLS Calmar Ratio Rank: 25
ABLS Martin Ratio Rank: 26

ABFL

ABFL Risk / Return Rank: 51
ABFL Sharpe Ratio Rank: 42
ABFL Sortino Ratio Rank: 40
ABFL Omega Ratio Rank: 38
ABFL Calmar Ratio Rank: 70
ABFL Martin Ratio Rank: 63

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ABLS vs. ABFL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abacus FCF Small Cap Leaders ETF (ABLS) and Abacus FCF Leaders ETF (ABFL). 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.

	ABLS	ABFL	Difference
Sharpe ratio: Return per unit of total volatility	0.68	1.04	-0.37
Sortino ratio: Return per unit of downside risk	1.07	1.51	-0.44
Omega ratio: Gain probability vs. loss probability	1.12	1.18	-0.06
Calmar ratio: Return relative to maximum drawdown	0.76	2.45	-1.69
Martin ratio: Return relative to average drawdown	2.11	7.59	-5.48

ABLS vs. ABFL - Sharpe Ratio Comparison

The current ABLS Sharpe Ratio is 0.68, which is lower than the ABFL Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of ABLS and ABFL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ABLS vs. ABFL - Drawdown Comparison

The maximum ABLS drawdown since its inception was -19.28%, smaller than the maximum ABFL drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for ABLS and ABFL.

Drawdown Indicators

	ABLS	ABFL	Difference
Max Drawdown Largest peak-to-trough decline	-19.28%	-34.95%	+15.67%
Max Drawdown (1Y) Largest decline over 1 year	-16.19%	-7.17%	-9.02%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.92%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.88%	—
Current Drawdown Current decline from peak	-4.68%	-5.30%	+0.62%
Average Drawdown Average peak-to-trough decline	-7.79%	-4.95%	-2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.84%	2.32%	+3.52%

Volatility

ABLS vs. ABFL - Volatility Comparison

Abacus FCF Small Cap Leaders ETF (ABLS) has a higher volatility of 5.51% compared to Abacus FCF Leaders ETF (ABFL) at 4.90%. This indicates that ABLS's price experiences larger fluctuations and is considered to be riskier than ABFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABLS	ABFL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.51%	4.90%	+0.61%
Volatility (6M) Calculated over the trailing 6-month period	13.54%	13.73%	-0.19%
Volatility (1Y) Calculated over the trailing 1-year period	18.35%	16.91%	+1.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.05%	17.41%	+3.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.05%	18.76%	+2.29%

ABLS vs. ABFL - Expense Ratio Comparison

ABLS has a 0.39% expense ratio, which is lower than ABFL's 0.49% expense ratio.

Dividends

ABLS vs. ABFL - Dividend Comparison

ABLS's dividend yield for the trailing twelve months is around 12.66%, more than ABFL's 0.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABFL Abacus FCF Leaders ETF	0.55%	0.62%	0.70%	0.94%	1.36%	9.63%	0.41%	0.72%	0.62%	0.40%
ABLS Abacus FCF Small Cap Leaders ETF	12.66%	14.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ABLS and ABFL in my portfolio?

ABLS and ABFL have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABLS or ABFL?

ABLS has higher volatility (5.51%) compared to ABFL (4.90%). In terms of maximum drawdown, ABLS dropped -19.28% vs ABFL's -34.95%.

Which ETF is better, ABLS or ABFL?

On 1-year performance, ABFL leads with 19.70% vs 14.54% for ABLS. On fees, ABLS is cheaper at 0.39% per year. On volatility, ABFL has been the lower-risk option at 4.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABLS or ABFL?

Over the 1-year period, ABFL has performed better with a 19.70% return vs 14.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABLS or ABFL?

ABLS is cheaper with a 0.39% expense ratio, compared with 0.49% for ABFL.

Which ETF pays a higher dividend yield, ABLS or ABFL?

ABLS has the higher dividend yield at 12.66%, compared with 0.55% for ABFL.

What is the main difference between ABLS and ABFL?

ABLS is categorized as Small Cap Blend Equities, while ABFL is Large Cap Blend Equities. Their fees differ too: 0.39% for ABLS and 0.49% for ABFL.

Which has better risk-adjusted returns?

ABFL currently has the higher Sharpe Ratio (1.04 vs 0.68), 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.