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Launched

American Beacon Select Funds - Ahl Liquid Trend ETF

AHLTNYSE ArcaC

$31.50−0.27 (−0.85%)

At close: Oct 13, 2026, 4:00 PM

C48/ 100

Rank 31 of 46 in Tactical Allocation

C48/100Rank 31 of 46inTactical Allocation
Intraday session: down, 70 prints from 31.77 to 31.50. Range 31.34 to 31.50. Use the arrow keys to read each point.31.4031.6031.7010 AM12 PM2 PM4 PM
Expense ratio
0.96%
Fund size
$191M
1Y total return
+33.3%
Yield · Last 12 months
1.41%
Holdings
38
Avg volume · 30D
0M sh
NAV per share
$31.52
52W range
low $24.57high $32.38
Launched

The ETF.net AHLT Grade

Based on 5 of 6 pillars

C

Score 48 out of 100

Category
Tactical Allocation⁠
Rank
31 of 46
Six-pillar profile for AHLT. Scores out of 100: Cost 46, Risk 37, Mission not scored, Tradability 59, Holdings 44, Durability 76. Strongest: Durability (76). Weakest: Risk (37). Based on 5 of 6 pillars.

Score 48 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.
    C46 out of 100
    Rank 25 of 46

  • 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.
    D37 out of 100
    Rank 35 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B59 out of 100
    Rank 16 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C44 out of 100
    Rank 26 of 43

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A76 out of 100
    Rank 7 of 46

Our read on AHLT

ETF.net Research

CAmerican Beacon's first ETF, run by Man AHL of Man Group: a systematic machine that goes long or short across 20-plus global markets in stock indices, bonds, currencies and commodities, following price trends wherever they form.

Stated mandate

The Fund seeks capital growth through a quantitative, systematic trend-following strategy across more than 20 global markets. It uses derivatives and may take both long and short positions, with exposure adjusted through volatility scaling and risk controls.

Why people hold it

  1. 01The engine is Man AHL, the London systematic arm of Man Group, and American Beacon had already run AHL strategies together for about a decade before this ETF launched in 2023.businesswire.com
  2. 02One rulebook, many markets: derivatives across more than 20 global stock index, bond, currency and commodity markets, with the freedom to lean short as easily as long.
  3. 03Delivered as a standard 1940 Act fund, not a commodity-pool partnership, and it changes hands more easily than a niche managed-futures strategy usually does.

Worth knowing

  1. 01The 0.95% fee is exactly the median for tactical multi-asset funds, but simpler rules-based peers ask far less: ENDW at 0.22%, ONOF at 0.39%.
  2. 02Trend systems buy strength and sell weakness, so returns can look nothing like a stock-and-bond portfolio, and sharp reversals cut against the positions the model already holds.
  3. 03Live since 2023, so the on-screen record is short, and cash comes back once or twice a year rather than monthly.

AHLT Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
38
Top-10 weight
184%
Largest holding
EUR26120945.8%

Sectors

  • Technology19.6%
  • Financials19.0%
  • Industrials13.0%
  • Health Care10.4%
  • Consumer Discretionary9.3%
  • Consumer Staples8.5%
  • Communication6.3%
  • Energy5.5%
  • Utilities3.6%
  • Materials3.6%
  • Real Estate1.1%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—EUR26120945.84%-100,700,000$113M1
002—CAD26121529.37%-103,000,000$72M1
003ESZ26S+P500 Emini Fut DEC26 Xcme 2026121822.79%7,150$56M2
004—Treasury Bill 02/27 0.0000018.00%45,000,000$44M5
005—JPY26120713.97%-5,580,000,000$34M1
006—Treasury Bill 01/27 0.0000013.64%34,000,000$34M15
007—GBP26121612.38%-25,200,000$31M1
008—NZD26120910.86%-49,000,000$27M1
009NQZ26Nasdaq 100 E-Mini DEC26 Xcme 2026121810.60%840$26M1
010JTIZ6Topix Indx Futr DEC26 Xose 202612106.44%610,000$16M1
011—Us Dollar6.40%15,789,915$16M252
012HGZ26Copper Future DEC26 Xcec 202612296.11%2,250,000$15M1
013—Treasury Bill 10/26 0.000006.08%15,000,000$15M23
014—CHF2611136.08%-12,400,000$15M1
015—Treasury Bill 10/26 0.000006.08%15,000,000$15M18

Showing 1–15 of 38 holdings

AHLT Performance

Launched Aug 30, 2023

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.Not enough history yet.
AHLT$13,334
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. AHLT $13,334. SPY $12,044. Use the arrow keys to read each point.$9,480$11,550$13,619Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 AHLT. Periods over one year show the average yearly return.
PeriodAHLT
Year to date+20.6%
1 month+4.4%
3 months+10.4%
1 year+33.3%
3 yearsper year+7.9%
5 yearsFund is under 5 years oldper 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 AHLT
YearReturn barAHLT
2026 YTD+20.6%
2025+13.7%
2024+6.1%
2023−8.3%

History from Aug 31, 2023

AHLT in the news

Filtered to AHLT · Tactical Allocation

AHLT 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 12, 2026.
1.41%Last 12 months
Payout per share
$0.45Last 12 months
Last payment
$0.45 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2023–2026

One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 21, 2023 $0.83; Dec 22, 2025 $0.45. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 24, 2025$0.45
Dec 21, 2023Dec 27, 2023$0.83

AHLT Risk

How much the fund’s monthly returns vary, scaled to a year.
14.6%
Annualised · 36 months to Sep 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.
0.24
vs 3-month T-bills · to Sep 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.
−20.1%
37 months · trough May 2025
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.
−0.10
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.

AHLT Cost

Expense ratio0.96%
  • The middle half of Tactical Allocation funds
  • Median 0.91%

25 of the 46 Tactical Allocation funds charge less.

AHLT costs $96.00 a year on $10,000. The median Tactical Allocation fund costs $90.50.

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