ABFL vs FDWM
Abacus FCF Leaders ETF vs Fidelity Womens Leadership ETF
Which is better, ABFL or FDWM?
Each has led over a different period.
ABFL has a lower expense ratio. ABFL led over the full window, FDWM over 1Y. The two have moved almost in lockstep, correlation 0.94. ABFL is less concentrated, with 35.0% of the fund in its ten largest positions against 36.7%.
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 | ABFL | FDWM |
|---|---|---|
| Expense Ratio | 0.49%Best | 0.59% |
| AUM | $473M | $5M |
| Dividend Yield | 0.60% | 0.52% |
| Holdings | 58 | 82 |
| Volatility (annualized) | 15.2%Best | 17.3% |
| Max Drawdown | -22.0%Best | -29.1% |
| $10,000 over 4.4 years | $15,320Best | $13,877 |
| Top 10 Weight | 35.0%Best | 36.7% |
| Fund Family | FCF Advisors | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 27, 2016 | Jun 15, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 336 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. ABFL has data through Oct 15, 2026 and FDWM through Nov 13, 2025.
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Jun 17, 2021 to Nov 13, 2025 (4.4 years).
Risk: Volatility and Drawdowns
FDWM has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 15.2% for ABFL. 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 -22.0% for ABFL and -29.1% for FDWM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ABFL charges 0.49% per year while FDWM charges 0.59%. On a $10,000 position that is $49 vs $59 annually, a gap of $10 per year that compounds over a long holding period. On income, ABFL currently yields 0.60% against 0.52% for FDWM.
Holdings Overlap
32.0% of ABFL's money is in holdings FDWM also owns. 24.1% of FDWM's money is in holdings ABFL also owns.
The two portfolios partly overlap.
The two holdings books were reported 427 days apart, ABFL as of Oct 1, 2026 and FDWM as of Jul 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
11 positions in common, counted across the 54 positions we hold weights for in ABFL and 86 in FDWM, against full books of 58 and 82.
What only one of them owns
Our book lists 73 positions for FDWM that do not appear in our book for ABFL (73.0% of the fund), and 41 for ABFL that do not appear in FDWM (64.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ABFL | Weight in FDWM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.30% | 7.02% | 1.72% |
| AAPLApple, Inc | 5.55% | 5.91% | 0.36% |
| GEVGe Vernova, Inc. | 4.03% | 1.54% | 2.49% |
| LLYEli Lilly & Co. | 2.99% | 1.69% | 1.30% |
| GILDGilead Sciences | 2.90% | 1.12% | 1.78% |
| ANETArista Networks Inc. | 2.78% | 1.18% | 1.60% |
| MAMastercard Inc | 2.57% | 1.32% | 1.25% |
| MRKMerck & Company Inc | 1.85% | 1.14% | 0.71% |
| TPRTapestry Inc. | 1.83% | 1.12% | 0.71% |
| NFLXNetflix, Inc. | 1.59% | 1.02% | 0.57% |
32.0% of ABFL is already inside FDWM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ABFL or FDWM?
ABFL has an expense ratio of 0.49% while FDWM charges 0.59%. ABFL is the cheaper option, by $10 a year on a $10,000 investment.
Which is riskier, ABFL or FDWM?
FDWM has been the more volatile fund at 17.3% annualized versus 15.2% for ABFL. Worst drawdown: ABFL -22.0% vs FDWM -29.1%.
Should I hold both ABFL and FDWM?
ABFL and FDWM have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ABFL and FDWM?
32.0% of ABFL's money is in holdings FDWM also owns. 24.1% of FDWM's is in holdings ABFL also owns. They hold 11 positions in common, counted across the 54 positions we hold weights for in ABFL and 86 in FDWM.
Which pays a higher dividend, ABFL or FDWM?
ABFL yields 0.60% while FDWM yields 0.52%, so ABFL currently pays the higher dividend yield.
Is FDWM better than ABFL?
ABFL has a lower expense ratio. ABFL led over the full window, FDWM over 1Y. The two have moved almost in lockstep, correlation 0.94. ABFL is less concentrated, with 35.0% of the fund in its ten largest positions against 36.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.