ABFL vs TCAL
Abacus FCF Leaders ETF vs T. Rowe Price Capital Appreciation Premium Income ETF
Which is better, ABFL or TCAL?
ABFL has been ahead.
TCAL has a lower expense ratio. ABFL led over 1Y and the full window. TCAL is less concentrated, with 17.0% of the fund in its ten largest positions against 35.0%.
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 | TCAL |
|---|---|---|
| Expense Ratio | 0.49% | 0.34%Best |
| AUM | $473M | $311M |
| Dividend Yield | 0.60% | 11.81% |
| Holdings | 58 | 488 |
| YTD Return | +11.62%Best | +2.64% |
| 1Y Return | +12.48%Best | +1.67% |
| 3Y Return (annualized) | +15.92% | - |
| 5Y Return (annualized) | +10.39% | - |
| Volatility (annualized) | 12.2% | 7.9%Best |
| Max Drawdown | -12.1% | -7.2%Best |
| $10,000 over 1.5 years | $12,376Best | $10,443 |
| Top 10 Weight | 35.0% | 17.0%Best |
| Fund Family | FCF Advisors | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 27, 2016 | Mar 26, 2025 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 27, 2025 to Oct 14, 2026 (1.5 years).
ABFL vs TCAL 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 1.5 years both funds cover.
ABFL vs TCAL Performance
Abacus FCF Leaders ETF (ABFL) is an ETF from FCF Advisors and T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an ETF from T.Rowe Price. Over the past year ABFL returned +12.48% while TCAL returned +1.67%. Year to date, ABFL is up 11.62% versus a gain of 2.64% for TCAL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ABFL has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 7.9% for TCAL. 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 -12.1% for ABFL and -7.2% for TCAL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.26. They move largely independently of each other.
Fees and Cost Over Time
ABFL charges 0.49% per year while TCAL charges 0.34%. On a $10,000 position that is $49 vs $34 annually, a gap of $15 per year that compounds over a long holding period. On income, ABFL currently yields 0.60% against 11.81% for TCAL.
Holdings Overlap
26.6% of ABFL's money is in holdings TCAL also owns. 12.4% of TCAL's money is in holdings ABFL also owns.
ABFL and TCAL share little of their money.
12 positions in common, counted across the 54 positions we hold weights for in ABFL and 103 in TCAL, against full books of 58 and 488.
What only one of them owns
Our book lists 86 positions for TCAL that do not appear in our book for ABFL (82.7% of the fund), and 40 for ABFL that do not appear in TCAL (69.8%).
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 TCAL | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.30% | 1.28% | 4.02% |
| MAMastercard Inc | 2.57% | 1.79% | 0.78% |
| GILDGilead Sciences | 2.90% | 1.32% | 1.58% |
| ANETArista Networks Inc. | 2.78% | 1.21% | 1.57% |
| VVisa Inc Class A | 2.32% | 1.19% | 1.13% |
| BMYBristol-Myers Squibb Co. | 2.74% | 0.54% | 2.20% |
| LMTLockheed Martin | 1.66% | 1.43% | 0.23% |
| NFLXNetflix, Inc. | 1.59% | 1.23% | 0.36% |
| MRKMerck & Company Inc | 1.85% | 0.43% | 1.42% |
| CAHCardinal Health Inc. | 0.93% | 0.90% | 0.03% |
26.6% of ABFL is already inside TCAL.
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 TCAL?
ABFL has an expense ratio of 0.49% while TCAL charges 0.34%. TCAL is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, ABFL or TCAL?
Over the past year ABFL returned +12.48% vs +1.67% for TCAL, so ABFL leads on 1-year performance. Over the longest common window we track (2 years), ABFL annualized +15.27% vs +2.93% for TCAL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ABFL or TCAL?
ABFL has been the more volatile fund at 12.2% annualized versus 7.9% for TCAL. Worst drawdown: ABFL -12.1% vs TCAL -7.2%.
Should I hold both ABFL and TCAL?
ABFL and TCAL have a monthly-return correlation of 0.26, 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 TCAL?
26.6% of ABFL's money is in holdings TCAL also owns. 12.4% of TCAL's is in holdings ABFL also owns. They hold 12 positions in common, counted across the 54 positions we hold weights for in ABFL and 103 in TCAL.
Which pays a higher dividend, ABFL or TCAL?
ABFL yields 0.60% while TCAL yields 11.81%, so TCAL currently pays the higher dividend yield.
Is TCAL better than ABFL?
TCAL has a lower expense ratio. ABFL led over 1Y and the full window. TCAL is less concentrated, with 17.0% of the fund in its ten largest positions against 35.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.