Absolute Select Value ETF
$38.23−0.16 (−0.42%)
- Expense ratio
- 1.13%
- Fund size
- $143M
- 1Y return
- +8.6%
- Yield · Last 12 months
- 1.18%
- Holdings
- 23
- Volume · 30D
- 0M sh
- NAV per share
- $38.28
- 52W range
The ETF.net ABEQ Grade
Score 31 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 3Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 57Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 66Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 14Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 61Category rank
Our read on ABEQ
DA stock picker in a cohort full of rules-based screens. ABEQ hunts US companies trading at deep discounts to its subadviser's estimate of fair value, aiming at positive absolute returns rather than shadowing a value benchmark.
The Fund seeks positive absolute returns through active management of primarily U.S. equity securities selected for substantial discounts to the subadviser’s estimate of fair value.
Why people hold it
- A real active mandate: buy US equities at substantial discounts to the subadviser's fair-value estimate, with positive absolute returns as the stated goal instead of index-relative wins.
- That absolute-return framing is unusual here. The heavyweights in US value ETFs are factor-index products (AVLV, WTV, DFLV), so this is a genuinely different way to own cheap stocks.
- Trading since January 2020, so the strategy has a multi-year live record in real markets rather than a backtest, and it runs as a standard 1940 Act ETF.
Worth knowing
- 0.85% a year is the price of a human at the wheel. Systematic value peers charge a fraction of that (WTV at 0.12%, AVLV at 0.15%), so the stock picking has real cost to overcome.
- Thinly traded compared with the index giants in the value aisle. Spreads can be wider, and sizeable orders are worth working with limits rather than at market.
- No benchmark to check the work against: outcomes hinge on one subadviser's fair-value judgments, and the portfolio can look nothing like a conventional value screen.
ABEQ Holdings
- Stocks
- 23
- 68%
- BRK-B
Sectors
- Financials23.7%
- Materials17.8%
- Industrials13.6%
- Energy12.5%
- Communication8.3%
- Cons. Staples8.0%
- Health Care6.7%
- Real Estate4.5%
- Utilities3.3%
- Technology1.6%
Geography
- United States69.16%
- Canada12.82%
- United Kingdom6.99%
- Ireland6.21%
- Netherlands3.56%
- France1.26%
ABEQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ABEQ |
|---|---|
| Year to date | +7.7% |
| 1 month | −2.0% |
| 3 months | +3.0% |
| 1 year | +8.6% |
| 3 years | +13.0% |
| 5 years | +9.0% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ABEQ |
|---|---|---|
| 2026 YTD | +7.7% | |
| 2025 | +15.3% | |
| 2024 | +12.7% | |
| 2023 | +4.6% | |
| 2022 | −1.0% | |
| 2021 | +12.5% | |
| 2020 | +2.5% |
ABEQ in the news
ETF.net Research hasn’t filed on ABEQ yet — coverage lands here as it’s written.
ABEQ Dividends
- 1.18%
- $0.45
- $0.23 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 26, 2026 | Jul 1, 2026 | $0.23 |
| Dec 30, 2025 | Jan 5, 2026 | $0.22 |
| Jun 27, 2025 | Jul 2, 2025 | $0.22 |
| Dec 30, 2024 | Jan 6, 2025 | $0.29 |
| Jun 27, 2024 | Jul 2, 2024 | $0.18 |
| Dec 28, 2023 | Jan 3, 2024 | $0.34 |
| Jun 29, 2023 | Jul 5, 2023 | $0.40 |
| Dec 29, 2022 | Jan 5, 2023 | $0.22 |
| Jun 29, 2022 | Jul 5, 2022 | $0.11 |
| Dec 30, 2021 | Jan 5, 2022 | $0.13 |
| Jun 29, 2021 | Jul 6, 2021 | $0.04 |
| Dec 30, 2020 | Jan 4, 2021 | $0.09 |
ABEQ Risk
- 10.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.80
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.26
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ABEQ Cost
- The middle half of US Active Value funds
- Median 0.55%
63 of the 66 US Active Value funds charge less.