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ABEQ - ETF AI Analysis
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Absolute Core Strategy ETF (ABEQ)
Rating:60Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the year and in the last few months, indicating positive recent momentum.
Diversified Across Many Sectors
Holdings spread across financials, materials, consumer defensive, industrials, energy, health care, technology, and other sectors help reduce the impact of weakness in any single area.
Several Strong-Performing Top Holdings
Some of the largest positions, such as Franco-Nevada, Agnico Eagle, Medtronic, and Hershey, have delivered strong year-to-date results that support the fund’s overall performance.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which can eat into long-term returns compared with lower-cost options.
Concentration in a Few Stocks and Sectors
A meaningful share of assets is tied up in a handful of top holdings and in sectors like financials and materials, increasing the impact if these areas struggle.
Several Weak Top Holdings
Some major positions, including Berkshire Hathaway B, Loews, Unilever, Travelers, and Verizon, have shown weak year-to-date performance, which can drag on the fund.
ABEQ vs. SPDR S&P 500 ETF (SPY)
AUM140.09M
RegionNorth America
Expense Ratio0.85%
Beta0.37
IssuerAbsolute
Inception DateJan 21, 2020
Dividend Yield1.17%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume19,322
30 Day Avg. Volume16,134
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ABEQ Summary
The Absolute Core Strategy ETF (ABEQ) is an actively managed fund that follows a value-investing theme across the total U.S. stock market, rather than tracking a specific index. It looks for companies the managers believe are undervalued, mixing small, mid, and large firms. Well-known holdings include Berkshire Hathaway and Unilever, along with companies in financials, materials, consumer defensive, and other sectors. Someone might invest in ABEQ for broad diversification with a value tilt and the potential for long-term growth. A key risk is that its stock prices, and value-style picks in particular, can go up and down with the market.
How much will it cost me?The Absolute Core Strategy ETF (ABEQ) has an expense ratio of 0.85%, meaning you’ll pay $8.50 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on identifying undervalued companies across the market spectrum.
What would affect this ETF?The Absolute Core Strategy ETF (ABEQ), with its focus on undervalued companies across sectors like financials, materials, and consumer defensive, could benefit from stable economic growth and increased investor interest in value investing during uncertain market conditions. However, it may face challenges if interest rates rise, as this could pressure valuations in sectors like financials and energy, or if economic slowdowns negatively impact cyclical sectors such as materials and industrials. Its U.S.-centric exposure also makes it sensitive to domestic economic and regulatory changes.
ABEQ Top 10 Holdings
ABEQ is leaning heavily into classic value territory, with U.S. financials and hard-asset plays setting the tone. Berkshire Hathaway is a big anchor but has been more of a steady weight than a sail, while Loews and Travelers are quietly rising and helping the fund’s financial sleeve pull its weight. Gold royalty and mining names like Franco-Nevada and Agnico Eagle have been standout climbers, giving the portfolio a shine. On the defensive side, Unilever and Hershey are also rising, adding global brands and stability to this mostly U.S.-focused value mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Berkshire Hathaway B | 9.95% | $13.79M | $1.07T | 0.02% | 66 Neutral | |
| Franco-Nevada | 8.05% | $11.15M | $50.68B | 83.15% | 74 Outperform | |
| Loews | 7.10% | $9.84M | $22.48B | 28.44% | 76 Outperform | |
| Unilever | 5.34% | $7.40M | $143.90B | -2.16% | 73 Outperform | |
| Agnico Eagle | 4.57% | $6.33M | $112.64B | 131.63% | 80 Outperform | |
| Oneok | 4.30% | $5.96M | $54.14B | -5.97% | 82 Outperform | |
| Verizon | 4.22% | $5.84M | $212.78B | 8.52% | 81 Outperform | |
| Medtronic | 3.92% | $5.44M | $117.27B | -2.62% | 80 Outperform | |
| Travelers Companies | 3.82% | $5.30M | $65.56B | 18.15% | 78 Outperform | |
| The Hershey Company | 3.57% | $4.95M | $45.16B | 19.54% | 76 Outperform |
ABEQ Technical Analysis
Positive
―
Price Trends
38.11
Positive
36.77
Positive
35.72
Positive
Market Momentum
0.04
Positive
43.08
Neutral
16.10
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ABEQ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 39.13, equal to the 50-day MA of 38.11, and equal to the 200-day MA of 35.72, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 43.08 is Neutral, neither overbought nor oversold. The STOCH value of 16.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ABEQ.
ABEQ Peer Comparison
Comparison Results
Performance Comparison
ABEQ
Absolute Core Strategy ETF
38.34
5.16
15.55%
VFVA
Vanguard U.S. Value Factor ETF
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―
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LSVD
LSV Disciplined Value ETF
―
―
―
QVAL
Alpha Architect U.S. Quantitative Value ETF
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―
―
AIVL
WisdomTree U.S. AI Enhanced Value Fund
―
―
―
BUSA
Brandes U.S. Value ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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