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Launched

Ahl Liquid Trend ETF

AHLTNYSE ArcaAmerican BeaconC

$29.40−0.58 (−1.92%)

As of Nov 2, 2026, 3:29 PM ET

C47/ 100

Rank 29 of 46 in Tactical Allocation

C47/100Rank 29 of 46inTactical Allocation
Intraday session: down, 69 prints from 29.98 to 29.40. Range 29.30 to 29.98. Use the arrow keys to read each point.29.6029.8010 AM12 PM2 PM4 PM
Expense ratio
0.96%
Fund size
$186M
1Y total return
+21.0%
Yield · Last 12 months
1.49%
Holdings
32
Avg volume · 30D
24.3K sh
52W range
low $24.57high $32.38
Launched

The ETF.net AHLT Grade

Based on 5 of 6 pillars

C

Score 47 out of 100

Category
Tactical Allocation⁠
Rank
29 of 46
Six-pillar profile for AHLT. Scores out of 100: Cost 44, Risk 37, Mission not scored, Tradability 58, Holdings 44, Durability 75. Strongest: Durability (75). Weakest: Risk (37). Based on 5 of 6 pillars.

Score 47 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.
    C44 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 34 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B58 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.
    A75 out of 100
    Rank 7 of 46

Our read on AHLT

ETF.net Research

In short

CMan AHL's managed-futures playbook in an ETF: fully systematic trend signals, long or short, across more than 20 global markets. American Beacon's debut ETF, live since 2023, at 0.96% with no fee waiver.

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

  • Signals, not opinions: the model takes long or short positions across stocks, bonds, currencies and commodities in more than 20 markets, with no discretionary buy or sell calls.americanbeaconfunds.com
  • Volatility scaling is built into the process: exposure is trimmed when a market turns turbulent and added back, within risk limits, as it calms.sec.gov
  • AHL Partners (Man Group's London quant arm) runs the trading, delivered in a 1940 Act ETF with daily exchange liquidity instead of a private-fund structure.sec.govbenzinga.com

Worth knowing

  • The 0.96% fee is near the category median and carries no waiver; leaner tactical options exist, such as ENDW at 0.22% and GMOD at 0.50% net of a waiver through June 30, 2027.
  • A smaller fund that trades thinly, so spreads can be wider than on heavily traded index ETFs.
  • Trend models follow prices rather than forecast them, and the portfolio uses derivatives and shorts, which can amplify moves in NAV.sec.gov

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$12,103
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. AHLT $12,103. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 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 AHLT. Periods over one year show the average yearly return.
PeriodAHLT
Year to date+13.8%
1 month−3.5%
3 months+3.3%
1 year+21.0%
3 yearsper year+5.7%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+13.8%
2025+13.7%

AHLT in the news

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 30, 2026.
1.49%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

$10,000 in AHLT 3 years ago paid $507 in dividends.

AHLT Risk

Risk pillarD37 out of 100Rank 34 of 46 in Tactical Allocation
How much the fund’s monthly returns vary, scaled to a year.
14.8%
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.
0.15
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.
−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.

FMP measures it over up to five years of monthly returns.

AHLT Cost

Compare AHLT and ENDW

Overpaying vs ENDW, cheapest in Tactical Allocation

$13,476

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

  • AHLT 0.96%

    $18,034

  • ENDW 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • AHLT 0.96%
  • ENDW 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AHLT $18,034ENDW $4,558

Year by year

YearAHLTENDWOverpaying
10$1,695$401$1,294
20$6,383$1,561$4,822
30$18,034$4,558$13,476

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