MDYV vs. ABLD
MDYV (SPDR S&P 400 Mid Cap Value ETF) and ABLD (Abacus FCF Real Assets Leaders ETF) are both Mid Cap Value Equities funds - MDYV tracks the S&P MidCap 400 Value Index while ABLD tracks the FCF Yield Enhanced Real Asset Index. Both are passively managed. Over the past 3 years, MDYV returned 13.90%/yr vs 12.75%/yr for ABLD. A 0.79 correlation means they provide meaningful diversification when combined. MDYV charges 0.15%/yr vs 0.39%/yr for ABLD.
Performance
MDYV vs. ABLD - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with MDYV having a 9.04% return and ABLD slightly lower at 8.60%.
MDYV
- 1D
- -0.38%
- 1M
- 1.78%
- YTD
- 9.04%
- 6M
- 9.24%
- 1Y
- 20.68%
- 3Y*
- 13.90%
- 5Y*
- 7.48%
- 10Y*
- 10.40%
ABLD
- 1D
- -0.14%
- 1M
- -2.02%
- YTD
- 8.60%
- 6M
- 8.04%
- 1Y
- 15.09%
- 3Y*
- 12.75%
- 5Y*
- —
- 10Y*
- —
MDYV vs. ABLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MDYV SPDR S&P 400 Mid Cap Value ETF | 9.04% | 7.45% | 11.48% | 15.35% | -7.19% | 3.66% |
ABLD Abacus FCF Real Assets Leaders ETF | 8.60% | 6.64% | 7.05% | 18.89% | 7.42% | 3.86% |
Correlation
The correlation between MDYV and ABLD is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021 | 0.79 |
The correlation between MDYV and ABLD has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.
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Return for Risk
MDYV vs. ABLD — Risk / Return Rank
MDYV
ABLD
MDYV vs. ABLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 400 Mid Cap Value ETF (MDYV) and Abacus FCF Real Assets Leaders ETF (ABLD). 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.
| MDYV | ABLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.19 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 1.30 | +0.67 |
| Martin ratioReturn relative to average drawdown | 6.78 | 4.50 | +2.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MDYV | ABLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | 1.03 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.68 | -0.26 |
Drawdowns
MDYV vs. ABLD - Drawdown Comparison
The maximum MDYV drawdown since its inception was -60.71%, which is greater than ABLD's maximum drawdown of -19.35%. Use the drawdown chart below to compare losses from any high point for MDYV and ABLD.
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Drawdown Indicators
| MDYV | ABLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.71% | -19.35% | -41.36% |
Max Drawdown (1Y)Largest decline over 1 year | -10.53% | -11.64% | +1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -22.58% | -19.35% | -3.23% |
Max Drawdown (5Y)Largest decline over 5 years | -22.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.90% | — | — |
Current DrawdownCurrent decline from peak | -0.38% | -7.31% | +6.93% |
Average DrawdownAverage peak-to-trough decline | -8.62% | -3.96% | -4.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 3.36% | -0.30% |
Volatility
MDYV vs. ABLD - Volatility Comparison
The current volatility for SPDR S&P 400 Mid Cap Value ETF (MDYV) is 3.93%, while Abacus FCF Real Assets Leaders ETF (ABLD) has a volatility of 4.52%. This indicates that MDYV experiences smaller price fluctuations and is considered to be less risky than ABLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDYV | ABLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.93% | 4.52% | -0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 10.56% | 12.85% | -2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.25% | 14.70% | +0.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.50% | 17.52% | +1.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.90% | 17.52% | +4.38% |
MDYV vs. ABLD - Expense Ratio Comparison
MDYV has a 0.15% expense ratio, which is lower than ABLD's 0.39% expense ratio.
Dividends
MDYV vs. ABLD - Dividend Comparison
MDYV's dividend yield for the trailing twelve months is around 1.73%, less than ABLD's 4.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABLD Abacus FCF Real Assets Leaders ETF | 4.20% | 2.86% | 10.13% | 4.70% | 8.40% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MDYV SPDR S&P 400 Mid Cap Value ETF | 1.73% | 1.72% | 1.89% | 1.59% | 1.90% | 1.74% | 1.69% | 1.83% | 2.28% | 2.48% | 1.83% | 4.31% |
Frequently Asked Questions
MDYV and ABLD have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABLD has higher volatility (4.52%) compared to MDYV (3.93%). In terms of maximum drawdown, MDYV dropped -60.71% vs ABLD's -19.35%.
On 3-year performance, MDYV leads with 13.90% vs 12.75% for ABLD. On fees, MDYV is cheaper at 0.15% per year. On volatility, MDYV has been the lower-risk option at 3.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, MDYV has performed better with a 13.90% return vs 12.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MDYV is cheaper with a 0.15% expense ratio, compared with 0.39% for ABLD.
ABLD has the higher dividend yield at 4.20%, compared with 1.73% for MDYV.
MDYV tracks S&P MidCap 400 Value Index, while ABLD tracks FCF Yield Enhanced Real Asset Index. They also come from different issuers: State Street and Abacus. Their fees differ too: 0.15% for MDYV and 0.39% for ABLD.
MDYV currently has the higher Sharpe Ratio (1.37 vs 1.03), 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.
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