Absolute Select Value ETF
$38.31+0.14 (+0.37%)
- 1.13%
- $140M
- +10.2%
- 1.18%
- 0M sh
- $37.84
- low $34.31high $40.08
The ETF.net ABEQ Grade
D
Score 28 out of 100
- 55 of 66
Score 28 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F5 out of 100Rank 63 of 66Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 31 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C50 out of 100Rank 33 of 66Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F14 out of 100Rank 66 of 66Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B60 out of 100Rank 25 of 66
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
- 24
- 68%
- BRK.B
Sectors
- Financials24.3%
- Materials16.7%
- Industrials16.1%
- Energy12.3%
- Consumer Staples7.8%
- Communication7.3%
- Health Care6.6%
- Real Estate4.3%
- Utilities3.2%
- Technology1.4%
Geography
- United States69.81%
- Canada12.14%
- United Kingdom7.19%
- Ireland6.08%
- Netherlands3.44%
- France1.34%
ABEQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
ABEQ$11,018
Returns run to the Oct 12, 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 | +7.1% |
| 1 month | −1.6% |
| 3 months | +2.0% |
| 1 year | +10.2% |
| 3 years | +13.7% |
| 5 years | +8.6% |
| 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 | +7.1% | |
| 2025 | +15.3% | |
| 2024 | +12.7% | |
| 2023 | +4.6% | |
| 2022 | −1.0% | |
| 2021 | +12.5% | |
| 2020 | +2.5% |
ABEQ in the news
ABEQ Dividends
- 1.18%
- $0.45
- $0.23 per share
- Twice a year
Distribution history
ABEQ Risk
- 10.7%
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.
- 0.73
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
1.13%
ABEQ1.13%
- The middle half of US Active Value funds
- Median 0.55%
62 of the 66 US Active Value funds charge less.
Other funds in US Active Value
- DECMLEuclidean Fundamental Value ETFExpense ratio 0.95%1 year return +27.5%
- DEPSVHarbor SMID Cap Value ETF (EPSV)Expense ratio 0.88%1 year return +30.6%
- DFEMDFirst Eagle Mid Cap Equity ETFExpense ratio 0.75%1 year return —
- DMVPAMiller Value Partners Appreciation ETFExpense ratio 0.60%1 year return +7.0%
- FLCFTouchstone US Large Cap Focused ETFExpense ratio 1.18%1 year return +16.2%