AAII ETF Evaluator

ETF Evaluator: Abacus FCF Leaders ETF () Follow This ETF

Equity
Global Asset Class
U.S. Equity
Fund Group
Large Blend
Category
$82.790
Last Trade
(as of Aug 26)
$ 526 Mil
Share Class Assets
0.55%
TTM Yield
$86.008 - $63.920
52-Wk High-Low Range
0.49% C
Expense Ratio
98%
Portfolio Turnover
13 (k)
Avg. Daily Trading Vol.

Best Performing in Large Blend Over the Last Year

62.5% ARS Focused Opportunities Strategy ETF (AFOS)
35.7% Mohr Company Nav ETF (CNAV)
33.9% Impact Shares NAACP Minority Empwrmt ETF (NACP)
31.8% Astoria US Equal Weight Quality KingsETF (ROE)
30.5% FIS Bright Portfolios Focused Equity ETF (BRIF)
Data as of 7/31/2026
-5.4% F (NAV)
-5.3% F (Price)
1-Mo Return
3.4% D (NAV)
3.5% D (Price)
3-Mo Return
14.3% A (NAV)
14.3% A (Price)
YTD Return
17.4% D (NAV)
17.5% D (Price)
1-Yr Return
15.4% D (NAV)
15.5% D (Price)
3-Yr Return
11.0% D (NAV)
11.0% D (Price)
5-Yr Return
1.00 D
Category
Risk
Index
1.10
Total
Risk
Index

ETF Details

Fund Family
FCF Funds

Inception Date
9/27/2016

Website

Phone
800-617-0004

Primary Benchmark
Russell 3000 TR USD: 100%

Additional Fund Details

Abacus FCF Leaders ETF Overview

Abacus FCF Leaders ETF (ABFL) is an actively managed U.S. Equity Large Blend exchange-traded fund (ETF). FCF Funds launched the ETF in 2016.

The investment seeks to generate long-term returns in excess of the total return of the Russell 3000® Index, with less volatility than the index. The fund is an actively managed exchange-traded fund (“ETF”). To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies from the United States.

About Abacus FCF Leaders ETF (ABFL)

There are 3 members of the management team with an average tenure of 2.95 years: Vince (Qijun) Chen (2021), Fei Xue (2024) and Tom MacDonald (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: Russell 3000 TR USD index with a weighting of 100%. Abacus FCF Leaders ETF has 61 securities in its portfolio. The top 10 holdings constitute 30.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Abacus FCF Leaders ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Abacus FCF Leaders ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.7% There is 0.0% 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). Abacus FCF Leaders ETF has -0.5% of the portfolio in cash.

Assets Under Management

The fund has $526 million in total assets, which is below the $13 billion average for the Large Blend 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.

ABFL 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 Abacus FCF Leaders ETF expense ratio is average compared to funds in the Large Blend category. Abacus FCF Leaders ETF has an expense ratio of 0.49%, which is 18% higher 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. Abacus FCF Leaders ETF has a portfolio turnover rate of 98%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.

Recently, in the month of July 2026, Abacus FCF Leaders ETF returned -5.4%, which earned it a grade of F, as the Large Blend category had an average return of -0.8%. 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.

Abacus FCF Leaders ETF has a trailing yield of 0.55%, which is below the 1.16% category average. The fund normally distributes its income quarterly.

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.

Abacus FCF Leaders ETF Grades

Year to date, the ETF has returned 14.3%, 4.8 percentage points better than the category, which translates into a grade of A. The fund has returned 17.4% over the past year (grade of D), 15.4% over the past three years (grade of D) and 11.0% per year over the past five years (grade of D).

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ABFL 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
ABFL Return (NAV) -5.4% 3.4% 17.4% 15.4% 11.0% na
ABFL Return (Price) -5.3% 3.5% 17.5% 15.5% 11.0% na
NAV +/- Price Return -0.053% -0.113% -0.135% -0.080% -0.017% na
Large Blend Avg -0.8% 3.7% 17.5% 17.4% 11.2% 13.6%
ABFL Grade (NAV) F D D D D na
+/- Category (NAV) -4.5% -0.3% -0.2% -2.0% -0.2% na
ABFL Tax-Cost Ratio na na 0.3% 0.3% 0.8% na

ABFL Annual NAV Total ReturnsData as of 7/31/26

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
ABFL Return (NAV) 14.3% 8.0% 18.3% 22.9% -14.5% 30.7% 18.1% 26.0% -6.0% 25.6% na
ABFL Return (Price) 14.3% 8.1% 18.3% 23.0% -14.6% 30.7% 18.3% 26.0% -6.3% 25.1% na
NAV +/- Price Ret 0.002% 0.008% 0.001% 0.001% 0.007% 0.000% 0.013% 0.3% 4.3% -1.9% na
Large Blend Avg 9.5% 15.3% 21.9% 22.9% -17.1% 26.9% 18.3% 29.6% -5.1% 21.5% 11.4%
ABFL Grade (NAV) A F D C B A C F D A na
+/- Category 4.8% -7.3% -3.6% 0.1% 2.6% 3.8% -0.3% -3.7% -0.9% 4.0% na
Risk Measures
Beta: 0.90
R-Squared: 77%
Standard Deviation: 13.5%
Category Risk Index: 1.00
Category Risk Rating: Above Average
Total Risk Index: 1.10
Total Risk Rating: Average
Portfolio Characteristics
Yield: 0.6%
Total Assets: $ 526 Mil
Share Class Assets: $ 526 Mil
Turnover: 98.0%
Expense Ratio: 0.49%
Index Fund: No
Index Tracked: Russell 3000 TR USD
Index Weighting: 100%
Leveraged: No
Socially Responsible Fund: No
Capital Gains Distribution Frequency:
Income Distribution Frequency: Quarterly

Management Team

Number of Managers: 3
Longest Tenure: 5.6 years
Average Tenure: 3.0 years
Managers (Year): Chen Vince (Qijun) (2021), Xue Fei (2024), MacDonald Tom (2024)

Portfolio Composition (as of 7/31/26)

# of Holdings: 61
% in Top 10 Holdings: 30.9%
Fund is Non-Diversified: No
% in Foreign Issues: 0.0%
 

Portfolio Allocation

Domestic Stock: 99.7%
Foreign Stock: 0.0%
Preferred Stock: 0.0%
Domestic Bond: 0.0%
Foreign Bond: 0.0%
Convertible Bond: 0.0%
Other: 0.8%
Cash: -0.5%

Purchase Information

Legal Structure: Open Ended Investment Company
Fund Family: FCF Funds
Phone Number: 800-617-0004
Website: www.trimtabsfunds.com
Inception Date: September 27, 2016

Expenses and Fees

Expense Ratio (%): 0.49% (Rating: Avg)
Category Average Expense Ratio (%): 0.41%
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