Absolute Select Value ETFAbsolute Select Value ETFAbsolute Select Value ETF

Absolute Select Value ETF

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Key stats


Assets under management (AUM)
‪116.38 M‬USD
Fund flows (1Y)
‪17.12 M‬USD
Dividend yield (indicated)
1.41%
Discount/Premium to NAV
0.06%
Shares outstanding
‪3.25 M‬
Expense ratio
0.85%

About Absolute Select Value ETF


Issuer
Absolute Investment Advisers LLC
Brand
Absolute
Inception date
Jan 21, 2020
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Absolute Investment Advisers LLC
Distributor
Northern Lights Distributors LLC
ISIN
US90470L5681
ABEQ uses a proprietary five-stage process to actively manage its portfolio. This process is used to identify, purchase, and sell companies that the funds sub-adviser believes are fundamentally attractive and will yield positive returns in all market conditions, over complete market cycles, net of fees and expenses, and not returns that outperform a specific benchmark. The fund primarily invests in US companies of any market capitalization and in any sector, which are selected based on company-by-company analysis. With this bottom-up approach, the fund could be overweight in certain market sectors. In seeking to protect principal or if there are not sufficient companies at valuations appropriate for investment, ABEQ may also invest all or substantially all of its assets in cash and cash-like securities or ETFs.

Broaden your horizons with more funds linked to ABEQ via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Value
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Non-Energy Minerals
Government
Stock breakdown by region
89%10%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ABEQ trades at 35.89 USD today, its price has fallen −0.53% in the past 24 hours. Track more dynamics on ABEQ price chart.
ABEQ net asset value is 35.87 today — it's risen 0.82% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ABEQ assets under management is ‪116.38 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ABEQ price has risen by 1.24% over the last month, and its yearly performance shows a 9.83% increase. See more dynamics on ABEQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.82% over the last month, showed a 4.00% increase in three-month performance and has increased by 11.18% in a year.
ABEQ fund flows account for ‪17.12 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ABEQ invests in stocks. See more details in our Analysis section.
ABEQ expense ratio is 0.85%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ABEQ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ABEQ technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ABEQ shows the buy signal. See more of ABEQ technicals for a more comprehensive analysis.
Yes, ABEQ pays dividends to its holders with the dividend yield of 1.41%.
ABEQ trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ABEQ shares are issued by Absolute Investment Advisers LLC
ABEQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 21, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.