ETF Evaluator:
Alpha Blue Capital US Sm-Md Cp Dyn ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Mid-Cap Value Over the Last Year
| 45.0% | VictoryShares Free Cash Flow ETF (VFLO) |
| 39.1% | Bushido Capital US SMID Cap Equity ETF (RNIN) |
| 38.8% | Bushido Capital US Equity ETF (SMRI) |
| 37.8% | ProShares Equities for Rising Rates ETF (EQRR) |
| 37.4% | Vanguard US Multifactor ETF (VFMF) |
Risk
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Risk
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ETF Details
Alpha Blue Capital US Sm-Md Cp Dyn ETF Overview
Alpha Blue Capital US Sm-Md Cp Dyn ETF (ABCS) is an actively managed U.S. Equity Mid-Cap Value exchange-traded fund (ETF). ALPHA BLUE CAPITAL launched the ETF in 2023.
The investment seeks to achieve long-term capital appreciation.
Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in a blend of domestic equity securities of small- and mid- capitalization companies and ETFs that provide broad exposure to domestic equity securities of small- and mid- capitalization companies. It is non-diversified.
About Alpha Blue Capital US Sm-Md Cp Dyn ETF (ABCS)
There are 1 members of the management team with an average tenure of 2.62 years: David Dabora (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US Agg Eqty TR USD index with a weighting of 100% and Bloomberg US 2500 TR USD index with a weighting of 100%. Alpha Blue Capital US Sm-Md Cp Dyn ETF has 106 securities in its portfolio. The top 10 holdings constitute 39.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Alpha Blue Capital US Sm-Md Cp Dyn ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Alpha Blue Capital US Sm-Md Cp Dyn ETF has 0.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.1% There is 0.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Alpha Blue Capital US Sm-Md Cp Dyn ETF has 1.4% of the portfolio in cash.
Assets Under Management
The fund has $12 million in total assets, which is below the $2 billion average for the Mid-Cap Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ABCS Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Alpha Blue Capital US Sm-Md Cp Dyn ETF expense ratio is average compared to funds in the Mid-Cap Value category. Alpha Blue Capital US Sm-Md Cp Dyn ETF has an expense ratio of 0.42%, which is 10% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Alpha Blue Capital US Sm-Md Cp Dyn ETF has a portfolio turnover rate of 46%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 72% for the Mid-Cap Value category.
Recently, in the month of July 2026, Alpha Blue Capital US Sm-Md Cp Dyn ETF returned 5.2%, which earned it a grade of B, as the Mid-Cap Value category had an average return of 3.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Alpha Blue Capital US Sm-Md Cp Dyn ETF has a trailing yield of 1.12%, which is below the 2.05% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Alpha Blue Capital US Sm-Md Cp Dyn ETF Grades
Year to date, the ETF has returned 16.5%, 1.1 percentage points better than the category, which translates into a grade of C. The fund has returned 23.9% over the past year (grade of C).
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ABCS Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ABCS Return (NAV) | 5.2% | 10.3% | 23.9% | na | na | na |
| ABCS Return (Price) | 5.3% | 10.3% | 24.0% | na | na | na |
| NAV +/- Price Return | -0.061% | -0.061% | -0.149% | na | na | na |
| Mid-Cap Value Avg | 3.5% | 6.1% | 23.5% | 13.9% | 10.2% | 10.8% |
| ABCS Grade (NAV) | B | A | C | na | na | na |
| +/- Category (NAV) | 1.7% | 4.2% | 0.4% | na | na | na |
| ABCS Tax-Cost Ratio | na | na | 0.5% | na | na | na |
ABCS Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ABCS Return (NAV) | 16.5% | 7.9% | 14.6% | na | na | na | na | na | na | na | na |
| ABCS Return (Price) | 16.5% | 8.0% | 14.5% | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.002% | 0.002% | -0.008% | na | na | na | na | na | na | na | na |
| Mid-Cap Value Avg | 15.4% | 10.4% | 12.2% | 12.9% | -5.7% | 31.6% | 0.6% | 25.6% | -10.0% | 15.5% | 20.3% |
| ABCS Grade (NAV) | C | D | B | na | na | na | na | na | na | na | na |
| +/- Category | 1.1% | -2.5% | 2.4% | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 1.1% |
| Total Assets: | $ 12 Mil |
| Share Class Assets: | $ 12 Mil |
| Turnover: | 46.0% |
| Expense Ratio: | 0.42% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US Agg Eqty TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 2.6 years | |||
| Average Tenure: 2.6 years | |||
| Managers (Year): Dabora David (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 106 |
| % in Top 10 Holdings: | 39.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.4% |
Portfolio Allocation |
|
| Domestic Stock: | 98.1% |
| Foreign Stock: | 0.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | ALPHA BLUE CAPITAL |
| Phone Number: | 215-882-9983 |
| Website: | www.valueshares.com |
| Inception Date: | December 18, 2023 |
Expenses and Fees
| Expense Ratio (%): | 0.42% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.47% |
