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Launched · SEC filings

Absolute Select Value ETF

ABEQNYSE ArcaD

$39.32+0.29 (+0.76%)

As of Nov 2, 2026, 3:59 PM ET

D32/ 100

Rank 53 of 66 in US Active Value

D32/100Rank 53 of 66inUS Active Value
Intraday session: up, 79 prints from 39.03 to 39.32. Range 39.17 to 39.40. Use the arrow keys to read each point.39.1039.2039.4010 AM12 PM2 PM4 PM
Expense ratio
0.85%*
Fund size
$148M
1Y total return
+14.1%
Yield · Last 12 months
1.16%
Holdings
24
Avg volume · 30D
11.1K sh
52W range
low $34.31high $40.08
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Jul 31, 2027. Without it: 1.06%.

The ETF.net ABEQ Grade

Based on 5 of 6 pillars

D

Score 32 out of 100

Category
US Active Value⁠
Rank
53 of 66
Six-pillar profile for ABEQ. Scores out of 100: Cost 8, Risk 63, Mission not scored, Tradability 53, Holdings 14, Durability 59. Strongest: Risk (63). Weakest: Cost (8). Based on 5 of 6 pillars.

Score 32 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.
    F8 out of 100
    Rank 60 of 66

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B63 out of 100
    Rank 20 of 65

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C53 out of 100
    Rank 31 of 66

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F14 out of 100
    Rank 66 of 66

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B59 out of 100
    Rank 28 of 66

Our read on ABEQ

ETF.net Research

In short

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.

Stated mandate

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

Holdings pillarF14 out of 100Rank 66 of 66 in US Active Value
Asset class
Stocks
Holdings
24
Top-10 weight
68%
Largest holding
BRK.B11.3%

Sectors

  • Financials24.8%
  • Industrials15.3%
  • Materials15.2%
  • Energy13.0%
  • Consumer Staples7.9%
  • Communication7.5%
  • Health Care7.0%
  • Real Estate4.2%
  • Utilities3.6%
  • Technology1.5%

Geography

  • United States75.29%
  • Canada10.99%
  • United Kingdom7.89%
  • Netherlands4.20%
  • France1.63%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1BRK.BBerkshire Hathaway, Inc.11.29%30,260$16.4M374
2No dataUnited States Treasury Strip Coupon 0%, Due 02/15/20278.16%12,000,000$11.9M1
3LLoews Corporation7.20%93,981$10.5M259
4FNVFranco-Nevada Corporation6.84%44,190$9.94M36
5No dataUnited States Treasury Bill 0%, Due 11/27/20266.79%9,900,000$9.87M29
6ULUnilever plc6.59%146,753$9.58M44
7OKEONEOK, Inc.6.07%90,882$8.82M342
8MDTMedtronic plc5.81%87,432$8.44M327
9EOGEOG Resources, Inc.4.83%42,406$7.02M398
10VZVerizon Communications, Inc.4.73%153,620$6.87M437
11RYNRayonier, Inc.3.51%263,090$5.1M132
12APDAir Products and Chemicals, Inc.3.23%14,830$4.69M287
13No dataUs Dollars3.14%4,557,764$4.56M91
14NEENextEra Energy, Inc.3.04%52,820$4.42M414
15HUBBHubbell, Inc.2.90%9,990$4.22M292

Showing 1–15 of 24 holdings

ABEQ Performance

Launched Jan 21, 2020

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$11,414
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ABEQ $11,414. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for ABEQ. Periods over one year show the average yearly return.
PeriodABEQ
Year to date+9.5%
1 month+5.2%
3 months+2.1%
1 year+14.1%
3 yearsper year+14.8%
5 yearsper year+8.9%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ABEQ
YearReturn barABEQ
2026 YTD+9.5%
2025+15.3%
2024+12.7%
2023+4.6%
2022−1.0%
2021+12.5%
2020+2.5%

History from Jan 22, 2020

ABEQ in the news

Filtered to ABEQ · US Active Value

ABEQ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.16%Last 12 months
Payout per share
$0.45Last 12 months
Last payment
$0.23 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2020–2026

One bar per payment. 13 payments from 2020 to 2026 YTD. Jun 30, 2020 $0.06; Dec 30, 2020 $0.09; Jun 29, 2021 $0.04; Dec 30, 2021 $0.13; Jun 29, 2022 $0.11; Dec 29, 2022 $0.22; Jun 29, 2023 $0.40; Dec 28, 2023 $0.34; Jun 27, 2024 $0.18; Dec 30, 2024 $0.29; Jun 27, 2025 $0.22; Dec 30, 2025 $0.22; Jun 26, 2026 $0.23. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 26, 2026Jul 1, 2026$0.23
Dec 30, 2025Jan 5, 2026$0.22
Jun 27, 2025Jul 2, 2025$0.22
Dec 30, 2024Jan 6, 2025$0.29
Jun 27, 2024Jul 2, 2024$0.18
Dec 28, 2023Jan 3, 2024$0.34
Jun 29, 2023Jul 5, 2023$0.40
Dec 29, 2022Jan 5, 2023$0.22
Jun 29, 2022Jul 5, 2022$0.11
Dec 30, 2021Jan 5, 2022$0.13
Jun 29, 2021Jul 6, 2021$0.04
Dec 30, 2020Jan 4, 2021$0.09

See all 13 payments⁠

$10,000 in ABEQ 5 years ago paid $827 in dividends.⁠

ABEQ Risk

Risk pillarB63 out of 100Rank 20 of 65 in US Active Value
How much the fund’s monthly returns vary, scaled to a year.
10.9%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.93
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−17.3%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.26
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ABEQ Cost

Compare ABEQ and WTV

Overpaying vs WTV, cheapest in US Active Value

$13,679

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ABEQ 0.85%

    $16,199

  • WTV 0.12% Cheapest

    $2,520

$10,000
30 years

Cost over time

  • ABEQ 0.85%
  • WTV 0.12%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ABEQ $16,199WTV $2,520

Year by year

YearABEQWTVOverpaying
10$1,508$220$1,288
20$5,706$859$4,847
30$16,199$2,520$13,679
How the 0.85% is worked out

Full fee 1.06%− waiver 0.21%= you pay 0.85%

The waiver ends Jul 31, 2027. After that the fee is 1.06% unless Absolute renews it. Source: prospectus, Jul 2026.

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