ABLD vs IMCV: Grades, Fees and Holdings Compared

Abacus FCF Real Assets Leaders ETF

ABLDDCboe

iShares Morningstar Mid-Cap Value ETF

IMCVANasdaq

Overlap

1.4%by weight

Expense ratio

IMCV −0.33pt a year

ABLD0.39%IMCV0.06%

Avg volume · 30D

ABLD 1.1×the volume

ABLD43.3KIMCV38.9K

3Y return · a year

IMCV +10.9pt

ABLD+11.3%IMCV+22.2%

ABLD vs IMCV Performance

Oct 31, 2025 – Oct 30, 2026

+12.3%ABLD+27.0%IMCV

Expense ratio: ABLD 0.39%; IMCV 0.06%, better
Fund size: ABLD $12M; IMCV $1.27B
1Y total return: ABLD +12.3%; IMCV +27.0%, better
Yield (12M): ABLD 2.51%, better; IMCV 1.84%
Holdings: ABLD 54; IMCV 271
Avg volume (30D): ABLD 43.3K sh, better; IMCV 38.9K sh
NAV per share: ABLD $31.65; IMCV $99.16
52W range

ETF.net Grade

Pillar letters and Scores for ABLD, IMCV, with each pillar’s weight
Pillar	ABLD	IMCV
Cost30% weight	D34	A96Higher
Mission25% weight	Not scored	A76
Risk15% weight	D25	A77Higher
Tradability15% weight	D29	B69Higher
Holdings10% weight	F16	B69Higher
Durability5% weight	F8	A77Higher

Rank among US Multifactor funds

How we build Categories ›

Same Category. ABLD and IMCV are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds

See all 99 ›

IMCV ranks 4th and ABLD 94th of 99 funds in the US Multifactor Category.

Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
Rank 2AILCViShares Morningstar Value ETFScore 81
Rank 2AVYMVanguard High Dividend Yield ETFScore 81
Rank 4AIMCViShares Morningstar Mid-Cap Value ETFScore 80
Rank 5ADCORU.S. Core Equity 1 Portfolio ETF Class SharesScore 79
Rank 93DFDLSInspire Fidelis Multi Factor ETFScore 29
Rank 94DABLDAbacus FCF Real Assets Leaders ETFScore 27
Rank 94DCAPEDoubleLine Shiller CAPE U.S. Equities ETFScore 27

Our read on each fund

ETF.net Research

ABLDDAbacus FCF Real Assets Leaders ETF

IMCVAiShares Morningstar Mid-Cap Value ETF

In short

ABLD Free cash flow screening pointed at hard assets: US real asset companies filtered for the cash they actually generate. A niche twist in a peer group stuffed with broad, cheap value funds.

IMCV No data

Stated mandate

ABLD The Fund seeks to track, before fees and expenses, the performance of the Abacus FCF Real Assets Leaders Index.

IMCV No data

Why people hold it

ABLD The screen is the whole point: an index applies Abacus FCF's free cash flow model to US real asset names, so profitability, not size alone, decides who gets in.cboe.com
Rules run it. An index picks the holdings and the fund tracks it, so what you own doesn't hinge on a manager's mood that quarter.
Live since 2021, and the index-based strategy survived the 2024 handover, when Donoghue Forlines stepped away and FCF Advisors took over and renamed the fund.sec.gov
Cash comes back on a set schedule: the fund distributes quarterly.

IMCV No data

Worth knowing

ABLD At 0.39% a year, it costs more than the broad value giants leading its peer group (VONV, VYM). That's the price of a narrower, screened portfolio.
It's a small, thinly traded fund, so spreads can widen and how you place an order matters more than it would with a mega-cap index product.
Real assets is a slice, not the market. Property, energy and resource-linked companies dominate the universe, so it can move well out of step with a broad US index.cboe.com

IMCV No data

Full ABLD profile⁠

Full IMCV profile⁠

ABLD vs IMCV Holdings

How ABLD and IMCV differ

Overlap by weight

1.4%

Shared holdings make up 4.8% of ABLD and 1.7% of IMCV.

Level by level

Holdings2 in both1.4%
Countryby domicile57.3%
Asset classEquity100%

Sector

No Sector split for ABLD.

Country, concentration and asset class

Country by domicile

Country weights in ABLD and IMCV, widest gap first
Country	More in ABLDMore in IMCV	ABLD	IMCV
United States	IMCV +41.8 points	56.9%	98.7%
Canada	ABLD +19.6 points	19.6%	0.0%
Brazil	ABLD +4.5 points	4.5%	0.0%
Japan	ABLD +3.6 points	3.6%	0.0%
Australia	ABLD +3.2 points	3.2%	0.0%
United Kingdom	ABLD +2.7 points	3.2%	0.5%
France	ABLD +2.5 points	2.5%	0.0%
South Africa	ABLD +2.5 points	2.5%	0.0%
Other countries (6)	ABLD +3.2 points	4.0%	0.8%

Outside the US: ABLD 81% developed, 19% emerging.

Concentration

Weight in the 10 largest Holdings

ABLD35.9%
IMCV13.2%

Securities held

ABLD52
IMCV268

Asset class

ABLD: Equity
IMCV: Equity

Holdings

Only in ABLD50
In both2
Only in IMCV266

Only in ABLD

50 securities, 93.7% of ABLD by weight

APA Corp5.20%
Petroleo Brasileiro SA - Petrobras4.37%
Cheniere Energy Partners LP3.99%
Hitachi Ltd3.48%
Newmont Corp3.33%
BHP Group Ltd3.11%
Antero Midstream Corp3.10%
Western Midstream Partners LP2.74%
Canadian Nat Res Ltd2.74%
Carlisle Cos Inc2.56%
Mplx Lp2.43%
Vinci SA2.41%
Gold Fields Ltd2.39%
Plains GP Holdings LP2.25%
Bombardier Inc2.21%
A O Smith Corp2.02%
Plains All American Pipeline LP1.88%
Vontier Corp1.86%
Endeavour Mining PLC1.86%
Kinross Gold Corp1.85%
IAMGOLD Corp1.74%
Scorpio Tankers Inc1.73%
Tutor Perini Corp1.73%
Anglogold Ashanti Plc1.70%
Hafnia Ltd1.70%
Imperial Oil Ltd1.69%
Hess Midstream LP1.65%
EnerSys1.60%
Lundin Gold Inc1.50%
Griffon Corp1.48%
Athabasca Oil Corp1.42%
ExxonMobil Holdings Corp1.41%
TFI International Inc1.40%
Grupo Aeroportuario del Centro Norte SAB de CV1.27%
Ralliant Corp1.26%
Northland Power Inc1.26%
Chevron Corp1.25%
DPM Metals Inc1.23%
Shell PLC1.23%
Allison Transmission Holdings Inc1.22%
Itron Inc1.21%
Alliance Resource Partners LP1.11%
Symbotic Inc1.09%
GE Vernova Inc1.03%
Suncor Energy Inc1.03%
Cal-Maine Foods Inc0.95%
Siemens Energy AG0.94%
Barrick Mining Corp0.83%
Us Bank Mmda - Usbgfs 9 09/01/20370.32%
Axia Energia SA0.00%

Only in IMCV

266 securities, 98.2% of IMCV by weight

Automatic Data Processing Inc1.60%
Valero Energy Corp1.57%
Phillips 661.54%
Us Bancorp1.27%
Regeneron Pharmaceuticals1.25%
Pnc Financial Services Group1.24%
3M1.23%
Elevance Health Inc1.20%
Mondelez International Class A1.14%
Travelers Companies1.13%
United Parcel Service Inc Class B1.11%
Slb1.09%
Moderna1.08%
General Motors1.05%
Cigna1.04%
Hewlett Packard Enterprise1.00%
Target Corp0.96%
Cheniere Energy0.93%
Kinder Morgan0.91%
Marathon Petroleum0.88%
Oneok0.83%
Truist Financial0.82%
Marsh0.82%
Devon Energy0.78%
Sempra0.77%
Dominion Energy0.77%
Aflac0.76%
Becton Dickinson0.74%
Metlife0.73%
Williams0.72%
Delta Air Lines0.72%
Paccar Inc0.69%
Colgate-Palmolive0.69%
Xcel Energy Inc0.68%
PayPal Holdings0.67%
Keurig Dr Pepper Inc0.66%
Ford Motor Co0.66%
Strategy Inc Class A0.65%
Exelon Corp0.65%
Northrop Grumman Corp0.64%
Occidental Petroleum Corp0.64%
Nike Class B0.62%
Iqvia Holdings Inc0.60%
Consolidated Edison0.59%
Norfolk Southern Corp0.59%
American Electric Power Inc0.56%
American International Group0.56%
Prudential Financial Inc0.55%
Sysco0.54%
Crh Public Limited PLC0.53%

Weight gaps

All 2 Holdings in both funds, largest gap first.

Holding weights in ABLD and IMCV, widest gap first
Holding	More in ABLDMore in IMCV	ABLD	IMCV
Simon Property Group IncSPG	ABLD +3.34 points	3.81%	0.47%
EOG Resources IncEOG	IMCV +0.21 points	0.98%	1.19%

All ABLD holdings⁠All 268 IMCV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ABLD vs IMCV Cost

Overpaying ABLD vs IMCV

$6,628

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

ABLD 0.39%
$7,898
IMCV 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

ABLD 0.39%
IMCV 0.06%
Overpaying

Year by year

Year	ABLD	IMCV	Overpaying
10	$705	$110	$595
20	$2,725	$432	$2,293
30	$7,898	$1,270	$6,628

Expense ratio

0.39%ABLD
0.06%IMCV, cheaper

IMCV0.06%ABLD0.39%

0.04%1.01%

Middle half of US Multifactor funds
Median 0.29%

IMCV 4th cheapest of 99 funds

ABLD 64th cheapest of 99 funds

ABLD vs IMCV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ABLD 2.51%, better; IMCV 1.84%
Payout (12M): ABLD $0.78; IMCV $1.83
Last payment: ABLD $0.21; IMCV $0.52
Ex-dividend: ABLD Sep 29, 2026; IMCV Sep 15, 2026
Paid on: ABLD Sep 30, 2026; IMCV Sep 18, 2026
Frequency: ABLD Quarterly; IMCV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ABLDQuarterly · 19 paymentsAll ABLD payments⁠

IMCVQuarterly · 39 paymentsAll IMCV payments⁠

ABLD vs IMCV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: ABLD 13.6%IMCV 13.6%
Return per unit of riskSharpe ratio, 3 years: ABLD 0.53IMCV 1.22, better
Worst fallMax drawdown, 5 years: ABLD −19.3%since Dec 2021IMCV −19.9%
Market sensitivityBeta, 5 years: ABLD 0.82IMCV 0.88; Market = 1

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