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ABFL

GradeCChicago Board Options Exchange

Abacus FCF Leaders ETF

Factor & Screened Index · Abacus · Inception 2016-09-27

$81.00−0.69 (−0.85%)

As of Sep 23, 2026, 3:09 PM EDT

Intraday session: down, 67 prints from 81.69 to 81.00. Range 80.69 to 81.34. Use the arrow keys to read each point.$80.80$81.20$81.4010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$534M
1Y return
+12.6%
Yield · Last 12 months
0.55%
Volume · 30D
0M sh
NAV per share
$81.50
52W range
low $63.92high $86.01

The ETF.net ABFL Grade

C

48/ 100

Rank 18 of 27 in US Quality Index

Confidence High

Six-pillar profile for ABFL. Scores out of 100: Cost 31, Risk 41, Mission 67, Tradability 52, Holdings 58, Durability 59. Strongest: Mission (67). Weakest: Cost (31). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 48 of 100 sits in the C 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.
    DScore 31
    Category rank17/27 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 67
    Category rank12/19 · mid-pack
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 41
    Category rank19/27 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 52
    Category rank13/27 · top 48%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 58
    Category rank12/27 · top 44%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 59
    Category rank13/27 · top 48%

Graded as of Sep 22, 2026

Our read on ABFL

ETF.net Research

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

  1. 01Live 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.
  2. 020.49% 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
  3. 03The 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
  4. 04One of the strongest overall showings in its US quality and moat cohort, ahead of peers like EQTY and ABIG.

Worth knowing

  1. 01Thinly traded next to big index funds, so bid-ask spreads can widen and larger orders may move the price.
  2. 02Cheaper quality exposure exists in the group: PSET charges 0.15%. Here you are paying for an active cash-flow screen.
  3. 03Active and concentrated, so it can drift a long way from the Russell 3000 in either direction. Distributions come quarterly.

ABFL Holdings

As of Sep 20, 2026, 9:21 AM
Asset class
Stocks
Holdings
Top-10 weight
34%
Largest holding
AAPL5.7%

Sectors

  • Technology41.1%
  • Health Care16.3%
  • Industrials15.3%
  • Consumer Discr.6.7%
  • Energy5.6%
  • Financials5.1%
  • Cons. Staples4.3%
  • Materials3.6%
  • Communication2.1%

Geography

  • United States95.34%
  • United Kingdom2.22%
  • Singapore1.45%
  • Sweden0.99%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AAPLApple Inc5.66%88,652$30M707
002NVDANVIDIA Corp5.03%121,008$27M828
003GEVGE Vernova Inc3.77%21,528$20M473
004ABBVAbbVie Inc3.03%60,474$16M511
005LLYEli Lilly & Co2.99%13,690$16M569
006GILDGilead Sciences Inc2.97%103,770$16M482
007BMYBristol-Myers Squibb Co2.80%234,752$15M460
008ANETArista Networks Inc2.71%71,709$14M490
009MAMastercard Inc2.64%24,617$14M512
010PANWPalo Alto Networks Inc2.56%35,983$13M486
011CQPCheniere Energy Partners LP2.56%202,107$13M21
012VVisa Inc2.38%33,932$13M550
013FFIVF5 Inc2.37%28,820$13M333
014MOAltria Group Inc2.37%179,665$13M369
015LRCXLam Research Corp2.37%46,447$13M591

Showing 1–15 of 56 holdings

ABFL Performance

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

ABFL$11,256
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. ABFL $11,256. SPY $11,723. Use the arrow keys to read each point.$9,258$10,642$12,025Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for ABFL. Periods over one year show the average yearly return.
PeriodABFL
Year to date+14.8%
1 month−1.4%
3 months−3.4%
1 year+12.6%
3 years+17.5%per year
5 years+10.9%per year
10 yearsFund is under 10 years oldper year

As of the close, 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+14.8%
2025+8.1%
2024+18.3%
2023+23.0%
2022−14.6%
2021+30.7%
2020+18.3%

ABFL in the news

ETF.net Research hasn’t filed on ABFL yet — coverage lands here as it’s written.

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 Sep 22, 2026.
0.55%Last 12 months
Payout per share
$0.45Last 12 months
Last payment
$0.12 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. 20 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. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
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
Sep 6, 2023Sep 8, 2023$0.11

ABFL Risk

How much the fund’s monthly returns vary, scaled to a year.
13.4%
Annualised · 36 months to Aug 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.
0.87
vs 3-month T-bills · to Aug 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.

ABFL Cost

Expense ratio0.49%
  • The middle half of US Quality Index funds
  • Median 0.38%

16 of the 27 US Quality Index funds charge less.

ABFL costs $49.00 a year on $10,000. The median US Quality Index fund costs $38.00.