---
ticker: "AFSC"
name: "abrdn Focused U.S. Small Cap Active ETF"
url: "https://etf.net/etf/AFSC"
grade: "D"
score: 25
graded_at: "2026-10-12"
category: "US Active Small-Cap"
category_rank: "35 of 41"
methodology: "https://etf.net/methodology"
---

# AFSC: abrdn Focused U.S. Small Cap Active ETF

Grade **D**, Score 25 of 100. Rank 35 of 41 in US Active Small-Cap.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 3 | 40 of 41 |
| Mission | Not scored | — |
| Risk | 54 | 18 of 38 |
| Tradability | 28 | 32 of 41 |
| Holdings | 36 | 33 of 41 |
| Durability | 54 | 21 of 41 |

## Top holdings

The fund holds 41 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Ssc Government Mm Gvmxx | 5.39% |
| 2 | KNSA | Kiniksa Pharmaceuticals Inte Common Stock USD.000273 | 3.37% |
| 3 | AHR | American Healthcare Reit Inc Reit USD.01 | 3.22% |
| 4 | MMSI | Merit Medical Systems Inc Common Stock | 3.22% |
| 5 | KWR | Quaker Chemical Corporation Common Stock USD1.0 | 3.21% |
| 6 | LGND | Ligand Pharmaceuticals Common Stock USD.001 | 2.93% |
| 7 | MGY | Magnolia Oil & Gas Corp A Common Stock USD.0001 | 2.87% |
| 8 | SBCF | Seacoast Banking Corp/Fl Common Stock USD.1 | 2.86% |
| 9 | SUPN | Supernus Pharmaceuticals Inc Common Stock USD.001 | 2.83% |
| 10 | ECG | Everus Construction Group Common Stock | 2.71% |
| 11 | SNEX | Stonex Group Inc Common Stock USD.01 | 2.70% |
| 12 | ABCB | Ameris Bancorp Common Stock USD1.0 | 2.68% |
| 13 | WTFC | Wintrust Financial Corp Common Stock | 2.66% |
| 14 | MTRN | Materion Corp Common Stock | 2.61% |
| 15 | QTWO | Q2 Holdings Inc Common Stock USD.0001 | 2.59% |
| 16 | AZZ | Azz Inc Common Stock USD1.0 | 2.57% |
| 17 | KN | Knowles Corp Common Stock USD.01 | 2.55% |
| 18 | COHU | Cohu Inc Common Stock USD1.0 | 2.51% |
| 19 | DCO | Ducommun Inc Common Stock USD.01 | 2.43% |
| 20 | HLIO | Helios Technologies Inc Common Stock USD.001 | 2.40% |
| 21 | PI | Impinj Inc Common Stock USD.001 | 2.36% |
| 22 | BANR | Banner Corporation Common Stock USD.01 | 2.27% |
| 23 | GTX | Garrett Motion Inc Common Stock USD.001 | 2.27% |
| 24 | ANIP | Ani Pharmaceuticals Inc Common Stock USD.0001 | 2.26% |
| 25 | BOOT | Boot Barn Holdings Inc Common Stock USD.0001 | 2.22% |
| 26 | ATEC | Alphatec Holdings Inc Common Stock USD.0001 | 2.19% |
| 27 | COCO | Vita Coco Co Inc/The Common Stock USD.01 | 2.18% |
| 28 | SKWD | Skyward Specialty Insurance Common Stock USD.01 | 2.15% |
| 29 | BLBD | Blue Bird Corp Common Stock USD.0001 | 2.14% |
| 30 | VIAV | Viavi Solutions Inc Common Stock USD.001 | 2.12% |

Source: etf.net, https://etf.net/etf/AFSC. Please cite the page URL.