abrdn Focused U.S. Small Cap Active ETF
$36.82−0.27 (−0.72%)
- Expense ratio
- 1.09%
- Fund size
- $10M
- 1Y return
- +22.3%
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 0M sh
- NAV per share
- $36.90
- 52W range
The ETF.net AFSC Grade
Score 28 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 4Category 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 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 40Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 29Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 54Category rank
Our read on AFSC
DA high-conviction abrdn stockpicking strategy from the late 1990s that traded its mutual fund wrapper for an ETF in 2025. A few dozen U.S. small caps, hand-picked, no index to hide behind.
The fund seeks long-term capital appreciation by investing at least 80% of its assets in equity securities of U.S. small-cap companies. It uses a focused approach that typically holds a small number of issuers.
Why people hold it
- Concentrated on purpose: the prospectus targets roughly 35 to 45 issuers, so each name carries real weight instead of vanishing into a thousand-stock index.financecharts.comaaii.com
- Not a startup strategy. The predecessor mutual fund dates to 1997 and was reorganized into this ETF, so the process arrived with a long paper trail.sec.gov
- Fully transparent active management from abrdn, with at least 80% of assets committed to U.S. small-cap equities under the fund's own mandate.accessnewswire.com
Worth knowing
- Cost is the headline trade-off: 1.09% a year, against 0.25% at index-based small-cap rivals like AVUV and AVSC.
- A small fund that trades thinly. Spreads can be wider than the category giants', which puts a premium on limit orders.
- Concentration cuts both ways: with a few dozen holdings, one stumble lands hard and results can stray a long way from the small-cap benchmark.financecharts.com
AFSC Holdings
- Stocks
- —
- 33%
- Cash and other
Geography
- United States92.24%
- United Kingdom3.44%
- Israel2.43%
- Bahamas1.88%
AFSC 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 | AFSC |
|---|---|
| Year to date | +21.8% |
| 1 month | −4.3% |
| 3 months | −3.3% |
| 1 year | +22.3% |
| 3 years | — |
| 5 years | — |
| 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 | AFSC |
|---|---|---|
| 2026 YTD | +21.8% | |
| 2025 | +2.7% |
AFSC in the news
ETF.net Research hasn’t filed on AFSC yet — coverage lands here as it’s written.
AFSC Dividends
- $0.02 per share
- Irregular
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 19, 2025 | Dec 24, 2025 | $0.02 |
AFSC Risk
- 18.0%
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.
- 1.01
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.
- −21.7%
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.
- 1.17
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AFSC Cost
- The middle half of US Active Small-Cap funds
- Median 0.55%
37 of the 39 US Active Small-Cap funds charge less.