ABEQ - ETF AI Analysis
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Absolute Core Strategy ETF (ABEQ)
Rating:59Neutral
Price Target:―
Positive Factors
Solid Year-to-Date Performance
The ETF has delivered strong gains so far this year, indicating that its overall strategy has been working well in the recent market environment.
Strong Commodity and Energy Exposure
Several top holdings in gold-related and energy companies have shown strong performance, helping to support the fund’s returns.
Broad Sector Diversification
The ETF spreads its investments across many sectors, which can help reduce the impact if any single industry experiences a downturn.
Negative Factors
High Expense Ratio
The fund’s relatively high annual fee means more of your returns go to costs compared with many low-cost index ETFs.
Concentration in a Few Large Positions
A small number of holdings, such as Berkshire Hathaway and Franco-Nevada, make up a significant share of the portfolio, increasing the impact if these stocks struggle.
Mixed Performance Among Top Holdings
Some major positions, including Unilever, Medtronic, and Rayonier, have shown weaker recent performance, which can drag on the fund’s overall results.
ABEQ vs. SPDR S&P 500 ETF (SPY)
AUM141.75M
RegionNorth America
Expense Ratio0.85%
Beta0.31
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. Volume5,312
30 Day Avg. Volume10,074
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 Target
42.54Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering20
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ABEQ Summary
ABEQ, the Absolute Core Strategy ETF, is a value-focused fund that looks for companies it believes are undervalued across the total stock market, without tracking a specific index. It holds a mix of U.S. and international stocks in many sectors, including financials, energy, and consumer goods. Well-known companies in the fund include Berkshire Hathaway and Unilever. An investor might consider ABEQ for broad diversification with a tilt toward value stocks that could grow as their prices catch up to their true worth. A key risk is that these stocks can still go up and down with overall market conditions.
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 leans heavily on classic value names, with Berkshire Hathaway quietly steering the ship as a steady, stabilizing core holding. The real spark lately comes from gold royalty player Franco-Nevada and miner Agnico Eagle, both rising strongly and giving the fund a clear tilt toward materials and precious metals. Energy names like EOG Resources and Oneok have also been climbing, adding fuel to returns. On the softer side, Unilever and Rayonier have been more mixed to lagging, slightly dragging on performance. Overall, it’s a U.S.-centric, value-driven portfolio with a noticeable resources flavor.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Berkshire Hathaway B | 10.44% | $15.28M | $970.26B | 1.85% | 66 Neutral | |
| Franco-Nevada | 8.07% | $11.82M | C$72.39B | 43.91% | 74 Outperform | |
| Loews | 7.12% | $10.43M | $22.65B | 15.14% | 76 Outperform | |
| Unilever | 6.51% | $9.53M | $139.45B | -7.64% | 73 Outperform | |
| Oneok | 5.89% | $8.62M | $57.80B | 26.40% | 82 Outperform | |
| Medtronic | 5.49% | $8.04M | $116.66B | -0.03% | 80 Outperform | |
| Verizon | 5.27% | $7.71M | $208.78B | 13.37% | 81 Outperform | |
| EOG Resources | 4.20% | $6.14M | $77.02B | 17.87% | 78 Outperform | |
| Rayonier | 3.74% | $5.48M | $6.36B | -21.14% | 72 Outperform | |
| Agnico Eagle | 3.57% | $5.23M | $113.79B | 53.43% | 80 Outperform |
ABEQ Technical Analysis
Positive
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Price Trends
38.48
Positive
37.97
Positive
37.80
Positive
Market Momentum
-0.06
Negative
59.75
Neutral
95.78
Negative
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 37.86, equal to the 50-day MA of 38.48, and equal to the 200-day MA of 37.80, indicating a bullish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 59.75 is Neutral, neither overbought nor oversold. The STOCH value of 95.78 is Negative, 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
38.56
3.62
10.36%
VFVA
Vanguard U.S. Value Factor ETF
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LSVD
LSV Disciplined Value ETF
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QVAL
Alpha Architect U.S. Quantitative Value ETF
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AIVL
WisdomTree U.S. AI Enhanced Value Fund
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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.
DisclaimerThis 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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