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USFE vs. ABEQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

USFE vs. ABEQ

Last updated Jun 5, 2026

USFE (First Eagle US Equity ETF) and ABEQ (Absolute Select Value ETF) are both Large Cap Value Equities funds. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. USFE charges 0.45%/yr vs 0.85%/yr for ABEQ.

Performance

USFE vs. ABEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Eagle US Equity ETF (USFE) and Absolute Select Value ETF (ABEQ). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

USFE

1D
1.34%
1M
2.48%
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

ABEQ

1D
0.53%
1M
0.25%
YTD
3.99%
6M
3.81%
1Y
9.90%
3Y*
11.81%
5Y*
7.17%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

USFE vs. ABEQ - Yearly Performance Comparison

2026 (YTD)
USFE
First Eagle US Equity ETF		0.76%
ABEQ
Absolute Select Value ETF		-0.37%

Correlation

The correlation between USFE 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 Jan 28, 2026

0.70

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Eagle US Equity ETF

Absolute Select Value ETF

Often compared with USFE:
USFE vs. FEMDUSFE vs. FEOEUSFE vs. ILCVUSFE vs. IUSVUSFE vs. SCHVUSFE vs. FEGEUSFE vs. SPYV
Often compared with ABEQ:
ABEQ vs. NVDAABEQ vs. ULABEQ vs. XLFABEQ vs. DVALABEQ vs. ELCVABEQ vs. BAMVABEQ vs. EQRR

Return for Risk

USFE vs. ABEQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
USFE
ABEQ
ABEQ Risk / Return Rank: 2828
Overall Rank
ABEQ Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
ABEQ Sortino Ratio Rank: 3131
Sortino Ratio Rank
ABEQ Omega Ratio Rank: 2929
Omega Ratio Rank
ABEQ Calmar Ratio Rank: 2626
Calmar Ratio Rank
ABEQ Martin Ratio Rank: 2424
Martin Ratio Rank
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.

USFE vs. ABEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Eagle US Equity ETF (USFE) 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.

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

USFE vs. ABEQ - Sharpe Ratio Comparison

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Sharpe Ratios by Period

USFEABEQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

1.12

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.67

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.18

0.57

-0.38

Drawdowns

USFE vs. ABEQ - Drawdown Comparison

The maximum USFE drawdown since its inception was -9.37%, smaller than the maximum ABEQ drawdown of -27.82%. Use the drawdown chart below to compare losses from any high point for USFE and ABEQ.

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Drawdown Indicators

USFEABEQDifference

Max Drawdown

Largest peak-to-trough decline

-9.37%

-27.82%

+18.45%

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

-2.33%

-6.94%

+4.61%

Average Drawdown

Average peak-to-trough decline

-3.71%

-4.08%

+0.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

3.22%

—

Volatility

USFE vs. ABEQ - Volatility Comparison

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Volatility by Period

USFEABEQDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

2.05%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

6.67%

—

Volatility (1Y)

Calculated over the trailing 1-year period

11.81%

8.92%

+2.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.81%

10.82%

+0.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.81%

13.84%

-2.03%

USFE vs. ABEQ - Expense Ratio Comparison

USFE has a 0.45% expense ratio, which is lower than ABEQ's 0.85% expense ratio.

Dividends

USFE vs. ABEQ - Dividend Comparison

USFE has not paid dividends to shareholders, while ABEQ's dividend yield for the trailing twelve months is around 1.20%.

PositionTTM202520242023202220212020
ABEQ
Absolute Select Value ETF		1.20%1.25%1.48%2.60%1.20%0.60%0.60%
USFE
First Eagle US Equity ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

USFE 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.

On fees, USFE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

USFE is cheaper with a 0.45% expense ratio, compared with 0.85% for ABEQ.

ABEQ has the higher dividend yield at 1.20%, compared with 0.00% for USFE.

They also come from different issuers: First Eagle and Absolute Investment Advisers LLC. Their fees differ too: 0.45% for USFE and 0.85% for ABEQ.

Portfolio Optimizer

Find the right allocation for USFE and ABEQ

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