SPXD vs. ABEQ

Last updated Jun 26, 2026

SPXD (Xtrackers S&P 500 Diversified Sector Weight ETF) and ABEQ (Absolute Select Value ETF) are both Large Cap Value Equities funds. SPXD is passively managed, while ABEQ is actively managed. A 0.70 correlation means they provide meaningful diversification when combined. SPXD charges 0.09%/yr vs 0.85%/yr for ABEQ.

Performance

SPXD vs. ABEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) and Absolute Select Value ETF (ABEQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPXD achieves a 10.76% return, which is significantly higher than ABEQ's 5.02% return.

SPXD

• 1D: 0.31%
• 1M: 1.45%
• YTD: 10.76%
• 6M: 9.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ABEQ

• 1D: 0.30%
• 1M: 0.35%
• YTD: 5.02%
• 6M: 3.74%
• 1Y: 11.54%
• 3Y*: 12.19%
• 5Y*: 8.06%
• 10Y*: —

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

SPXD vs. ABEQ - Yearly Performance Comparison

	2026 (YTD)	2025
SPXD Xtrackers S&P 500 Diversified Sector Weight ETF	10.76%	4.54%
ABEQ Absolute Select Value ETF	5.02%	3.56%

Correlation

The correlation between SPXD and ABEQ is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.70

Return for Risk

SPXD vs. ABEQ — Risk / Return Rank

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

SPXD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ABEQ

ABEQ Risk / Return Rank: 35
ABEQ Sharpe Ratio Rank: 41
ABEQ Sortino Ratio Rank: 40
ABEQ Omega Ratio Rank: 38
ABEQ Calmar Ratio Rank: 32
ABEQ Martin Ratio Rank: 26

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.

SPXD vs. ABEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) and Absolute Select Value ETF (ABEQ). 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.

	SPXD	ABEQ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.30	—
Sortino ratio: Return per unit of downside risk	—	1.87	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.47	—
Martin ratio: Return relative to average drawdown	—	3.22	—

Drawdowns

SPXD vs. ABEQ - Drawdown Comparison

The maximum SPXD drawdown since its inception was -7.53%, smaller than the maximum ABEQ drawdown of -27.82%. Use the drawdown chart below to compare losses from any high point for SPXD and ABEQ.

Drawdown Indicators

	SPXD	ABEQ	Difference
Max Drawdown Largest peak-to-trough decline	-7.53%	-27.82%	+20.29%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.89%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-7.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.26%	—
Current Drawdown Current decline from peak	-0.59%	-6.02%	+5.43%
Average Drawdown Average peak-to-trough decline	-1.21%	-4.10%	+2.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.59%	—

Volatility

Volatility by Period

	SPXD	ABEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.84%	8.94%	+1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.84%	10.77%	+0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.84%	13.79%	-2.95%

SPXD vs. ABEQ - Expense Ratio Comparison

SPXD has a 0.09% expense ratio, which is lower than ABEQ's 0.85% expense ratio.

Dividends

SPXD vs. ABEQ - Dividend Comparison

SPXD's dividend yield for the trailing twelve months is around 1.40%, more than ABEQ's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ABEQ Absolute Select Value ETF	1.19%	1.25%	1.48%	2.60%	1.20%	0.60%	0.60%
SPXD Xtrackers S&P 500 Diversified Sector Weight ETF	1.40%	0.76%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPXD and ABEQ in my portfolio?

SPXD and ABEQ have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPXD or ABEQ?

On fees, SPXD is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPXD or ABEQ?

SPXD is cheaper with a 0.09% expense ratio, compared with 0.85% for ABEQ.

Which ETF pays a higher dividend yield, SPXD or ABEQ?

SPXD has the higher dividend yield at 1.40%, compared with 1.19% for ABEQ.

What is the main difference between SPXD and ABEQ?

They also come from different issuers: Xtrackers and Absolute Investment Advisers LLC. Their fees differ too: 0.09% for SPXD and 0.85% for ABEQ.