ABEQ vs MVPA
Absolute Select Value ETF vs Miller Value Partners Appreciation ETF
Which is better, ABEQ or MVPA?
Each has led over a different period.
MVPA has a lower expense ratio. ABEQ led over 1Y, MVPA over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ABEQ | MVPA |
|---|---|---|
| Expense Ratio | 0.85% | 0.60%Best |
| AUM | $142M | $70M |
| Dividend Yield | 1.22% | 0.54% |
| Holdings | 46 | 38 |
| YTD Return | +7.41%Best | +4.30% |
| 1Y Return | +9.12%Best | +3.34% |
| 3Y Return (annualized) | +13.34% | - |
| 5Y Return (annualized) | +8.37% | - |
| Volatility (annualized) | 11.0%Best | 21.5% |
| Max Drawdown | -8.0%Best | -25.9% |
| $10,000 over 2.7 years | $13,876 | $14,339Best |
| Fund Family | Absolute Funds | Miller Value Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 21, 2020 | Jan 30, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 31, 2024 to Oct 14, 2026 (2.7 years).
ABEQ vs MVPA growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.7 years both funds cover.
ABEQ vs MVPA Performance
Absolute Select Value ETF (ABEQ) is an ETF from Absolute Funds and Miller Value Partners Appreciation ETF (MVPA) is an ETF from Miller Value Funds. Over the past year ABEQ returned +9.12% while MVPA returned +3.34%. Year to date, ABEQ is up 7.41% versus a gain of 4.30% for MVPA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MVPA has been the more volatile fund, with annualized monthly volatility of 21.5% compared with 11.0% for ABEQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -8.0% for ABEQ and -25.9% for MVPA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.32. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ABEQ charges 0.85% per year while MVPA charges 0.60%. On a $10,000 position that is $85 vs $60 annually, a gap of $25 per year that compounds over a long holding period. On income, ABEQ currently yields 1.22% against 0.54% for MVPA.
Holdings Overlap
We hold position weights for 20 holdings in ABEQ and 35 in MVPA, totalling 83.1% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 20 positions we hold weights for in ABEQ and 35 in MVPA, against full books of 46 and 38.
What only one of them owns
Measured across the 20 and 35 positions we hold weights for.
ABEQ holds 16 positions MVPA does not, 69.4% of the fund.
Largest: BRK.B 10.94%, L 7.17%, UL 6.30%, OKE 5.74%, MDT 5.43%
You are not choosing between two funds in isolation.
Whichever of ABEQ and MVPA you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ABEQ or MVPA?
ABEQ has an expense ratio of 0.85% while MVPA charges 0.60%. MVPA is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, ABEQ or MVPA?
Over the past year ABEQ returned +9.12% vs +3.34% for MVPA, so ABEQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ABEQ or MVPA?
MVPA has been the more volatile fund at 21.5% annualized versus 11.0% for ABEQ. Worst drawdown: ABEQ -8.0% vs MVPA -25.9%.
Should I hold both ABEQ and MVPA?
ABEQ and MVPA have a monthly-return correlation of 0.32, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ABEQ or MVPA?
ABEQ yields 1.22% while MVPA yields 0.54%, so ABEQ currently pays the higher dividend yield.
Is MVPA better than ABEQ?
MVPA has a lower expense ratio. ABEQ led over 1Y, MVPA over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.