ABFL vs TCAF
Abacus FCF Leaders ETF vs T. Rowe Price Capital Appreciation Equity ETF
Which is better, ABFL or TCAF?
TCAF has been ahead.
TCAF has a lower expense ratio. TCAF led over 1Y, 3Y and the full window. ABFL is less concentrated, with 35.0% of the fund in its ten largest positions against 39.4%.
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 | TCAF |
|---|---|---|
| Expense Ratio | 0.49% | 0.31%Best |
| AUM | $473M | $9.1B |
| Dividend Yield | 0.60% | 0.45% |
| Holdings | 58 | 101 |
| YTD Return | +11.62% | +13.46%Best |
| 1Y Return | +12.48% | +14.72%Best |
| 3Y Return (annualized) | +15.92% | +19.72%Best |
| 5Y Return (annualized) | +10.39% | - |
| Volatility (annualized) | 13.0% | 12.0%Best |
| Max Drawdown | -19.9% | -16.6%Best |
| $10,000 over 3.3 years | $15,634 | $16,964Best |
| Top 10 Weight | 35.0%Best | 39.4% |
| Fund Family | FCF Advisors | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 27, 2016 | Jun 14, 2023 |
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 15, 2023 to Oct 14, 2026 (3.3 years).
ABFL vs TCAF 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 3.3 years both funds cover.
ABFL vs TCAF Performance
Abacus FCF Leaders ETF (ABFL) is an ETF from FCF Advisors and T. Rowe Price Capital Appreciation Equity ETF (TCAF) is an ETF from T.Rowe Price. Over the past year ABFL returned +12.48% while TCAF returned +14.72%. Year to date, ABFL is up 11.62% versus a gain of 13.46% for TCAF.
Over three years, ABFL compounded at +15.92% per year against +19.72% for TCAF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ABFL has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 12.0% for TCAF. 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 -19.9% for ABFL and -16.6% for TCAF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ABFL charges 0.49% per year while TCAF charges 0.31%. On a $10,000 position that is $49 vs $31 annually, a gap of $18 per year that compounds over a long holding period. On income, ABFL currently yields 0.60% against 0.45% for TCAF.
Holdings Overlap
26.7% of ABFL's money is in holdings TCAF also owns. 18.4% of TCAF's money is in holdings ABFL also owns.
ABFL and TCAF share little of their money.
10 positions in common, counted across the 54 positions we hold weights for in ABFL and 98 in TCAF, against full books of 58 and 101.
What only one of them owns
Our book lists 81 positions for TCAF that do not appear in our book for ABFL (71.4% of the fund), and 42 for ABFL that do not appear in TCAF (69.7%).
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 TCAF | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.30% | 5.52% | 0.22% |
| AAPLApple, Inc | 5.55% | 4.90% | 0.65% |
| MAMastercard Inc | 2.57% | 2.04% | 0.53% |
| ANETArista Networks Inc. | 2.78% | 1.61% | 1.17% |
| VVisa Inc Class A | 2.32% | 1.26% | 1.06% |
| GILDGilead Sciences | 2.90% | 0.00% | 2.90% |
| LMTLockheed Martin | 1.66% | 0.83% | 0.83% |
| NFLXNetflix, Inc. | 1.59% | 0.58% | 1.01% |
| PMPhilip Morris International Inc. | 1.00% | 1.06% | 0.06% |
| QCOMQualcomm Inc. | 1.04% | 0.58% | 0.46% |
26.7% of ABFL is already inside TCAF.
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 TCAF?
ABFL has an expense ratio of 0.49% while TCAF charges 0.31%. TCAF is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, ABFL or TCAF?
Over the past year ABFL returned +12.48% vs +14.72% for TCAF, so TCAF leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ABFL or TCAF?
ABFL has been the more volatile fund at 13.0% annualized versus 12.0% for TCAF. Worst drawdown: ABFL -19.9% vs TCAF -16.6%.
Should I hold both ABFL and TCAF?
ABFL and TCAF have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ABFL and TCAF?
26.7% of ABFL's money is in holdings TCAF also owns. 18.4% of TCAF's is in holdings ABFL also owns. They hold 10 positions in common, counted across the 54 positions we hold weights for in ABFL and 98 in TCAF.
Which pays a higher dividend, ABFL or TCAF?
ABFL yields 0.60% while TCAF yields 0.45%, so ABFL currently pays the higher dividend yield.
Is TCAF better than ABFL?
TCAF has a lower expense ratio. TCAF led over 1Y, 3Y and the full window. ABFL is less concentrated, with 35.0% of the fund in its ten largest positions against 39.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.