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Abacus FCF Leaders ETF

ABFLCboeAbacusC

$78.94−0.35 (−0.44%)

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

C46/ 100

Rank 19 of 26 in US Quality Index

C46/100Rank 19 of 26inUS Quality Index
Intraday session: down, 78 prints from 79.29 to 78.94. Range 78.91 to 79.95. Use the arrow keys to read each point.79.6079.8080.0010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$466M
1Y total return
+10.5%
Yield · Last 12 months
0.60%
Holdings
56
Avg volume · 30D
25.4K sh
52W range
low $67.94high $86.01
Launched

The ETF.net ABFL Grade

C

Score 46 out of 100

Category
US Quality Index⁠
Rank
19 of 26
Six-pillar profile for ABFL. Scores out of 100: Cost 26, Risk 38, Mission 63, Tradability 61, Holdings 54, Durability 52. Strongest: Mission (63). Weakest: Cost (26). Leans toward Mission and Tradability.

Score 46 of 100 falls in the C 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.
    D26 out of 100
    Rank 17 of 26

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B63 out of 100
    Rank 15 of 19

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D38 out of 100
    Rank 19 of 26

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 6 of 26

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C54 out of 100
    Rank 13 of 26

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 13 of 26

Our read on ABFL

ETF.net Research

In short

COne of the original free-cash-flow ETFs, trading since 2016 under three different names and one unchanged idea: rank US large and mid caps by cash generated per dollar of invested capital, then own the leaders.

Stated mandate

The SEC identifies ABFL as the renamed FCF US Quality ETF and states that the December 2024 name and ticker changes did not alter the Fund’s investment objective or principal investment strategies.

Why people hold it

  • Live since 2016, long before free cash flow became a crowded ETF theme. The December 2024 rename to Abacus changed the label, not the objective or the strategy.
  • 0.49% a year sits below the typical fund in its quality-focused peer group, which is unusual for an active, hand-built portfolio rather than a plain index tracker.abacusfcf.com
  • The screen is free cash flow return on invested capital: cash left after the bills, per dollar of capital deployed. Harder to dress up than reported earnings.abacusfcf.com
  • One of the strongest overall showings in its US quality and moat cohort, ahead of peers like EQTY and ABIG.

Worth knowing

  • Thinly traded next to big index funds, so bid-ask spreads can widen and larger orders may move the price.
  • Cheaper quality exposure exists in the group: PSET charges 0.15%. Here you are paying for an active cash-flow screen.
  • Active and concentrated, so it can drift a long way from the Russell 3000 in either direction. Distributions come quarterly.

ABFL Performance

Launched Sep 27, 2016

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ABFL$11,046
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. ABFL $11,046. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 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 ABFL. Periods over one year show the average yearly return.
PeriodABFL
Year to date+11.7%
1 month−1.3%
3 months−2.3%
1 year+10.5%
3 yearsper year+17.4%
5 yearsper year+9.5%
10 yearsper year+14.1%

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 ABFL
YearReturn barABFL
2026 YTD+11.7%
2025+8.1%
2024+18.3%
2023+23.0%
2022−14.6%
2021+30.7%
2020+18.3%

ABFL in the news

ABFL 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.
0.60%Last 12 months
Payout per share
$0.48Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 21 payments from 2017 to 2026 YTD. Dec 28, 2017 $0.14; Dec 28, 2018 $0.19; Dec 30, 2019 $0.28; Dec 30, 2020 $0.19; Dec 30, 2021 $5.32; Dec 28, 2022 $0.63; Mar 3, 2023 $0.18; Jun 5, 2023 $0.14; Sep 6, 2023 $0.11; Dec 14, 2023 $0.11; Mar 5, 2024 $0.09; Jun 10, 2024 $0.11; Sep 27, 2024 $0.19; Dec 30, 2024 $0.08; Mar 28, 2025 $0.16; Jun 27, 2025 $0.12; Sep 29, 2025 $0.08; Dec 30, 2025 $0.09; Mar 30, 2026 $0.16; Jun 29, 2026 $0.12; Sep 29, 2026 $0.11. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 29, 2026Sep 30, 2026$0.11
Jun 29, 2026Jun 30, 2026$0.12
Mar 30, 2026Mar 31, 2026$0.16
Dec 30, 2025Dec 31, 2025$0.09
Sep 29, 2025Sep 30, 2025$0.08
Jun 27, 2025Jun 30, 2025$0.12
Mar 28, 2025Mar 31, 2025$0.16
Dec 30, 2024Dec 31, 2024$0.08
Sep 27, 2024Sep 30, 2024$0.19
Jun 10, 2024Jun 11, 2024$0.11
Mar 5, 2024Mar 7, 2024$0.09
Dec 14, 2023Dec 18, 2023$0.11

See all 22 payments⁠

$10,000 in ABFL 10 years ago paid $3,536 in dividends.⁠

ABFL Risk

Risk pillarD38 out of 100Rank 19 of 26 in US Quality Index
How much the fund’s monthly returns vary, scaled to a year.
13.1%
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.
0.96
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.
−21.9%
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.
0.89
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.

ABFL Cost

Compare ABFL and JQUA

Overpaying vs JQUA, cheapest in US Quality Index

$7,272

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

  • ABFL 0.49%

    $9,792

  • JQUA 0.12% Cheapest

    $2,520

$10,000
30 years

Cost over time

  • ABFL 0.49%
  • JQUA 0.12%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530ABFL $9,792JQUA $2,520

Year by year

YearABFLJQUAOverpaying
10$883$220$663
20$3,394$859$2,535
30$9,792$2,520$7,272

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