ABCS: ALPHA BLUE CAPITAL US SMALL-MID CAP DYNAMIC ETF
ABCS: ALPHA BLUE CAPITAL US SMALL-MID CAP DYNAMIC ETF
The ALPHA BLUE CAPITAL US SMALL-MID CAP DYNAMIC ETF (ticker: ABCS) is an exchange-traded fund designed to invest in small and mid-sized companies within the United States.
What this ETF is trying to do
This ETF focuses on a "dynamic" strategy involving small-cap and mid-cap stocks. Based on its top holdings, the fund has significant exposure to various Vanguard ETFs that track small-cap and mid-cap value sectors. It holds a total of 106 different investments.
Top Holdings
The following are the largest holdings in the portfolio (note that this list is partial):
• VANGUARD SMALL-CAP VALUE ETF: 14.62%
• VANGUARD SMALL-CAP ETF: 5.28%
• VANGUARD MID-CAP VALUE ETF: 5.14%
• VANGUARD MID-CAP ETF: 4.97%
• ELEVANCE HEALTH INC: 2.36%
• GLOBAL PAYMENTS INC: 1.79%
• AMERIPRISE FINANCIAL INC: 1.74%
• HEWLETT PACKARD ENTERPRISE CO: 1.54%
• U.S. BANCORP: 1.43%
• FIRST AMERICAN GOVERNMENT OBLIGS X: 1.33%
What the numbers show
The data shows both how the share price has moved and the total return. It is important to remember that price return only tracks the change in the share price, while total return includes the impact of distributions.
• Year-to-Date (YTD): The price return is approximately 12.48%, while the total return is approximately 13.27%.
• One-Year Performance: The one-year price return is approximately 13.89%. The one-year total return is approximately 15.29%.
• Price Comparison: The current price is $34.22. An estimated price from roughly one year ago was approximately $30.05.
Income and distribution explanation
ABCS provides cash distributions to investors. The distribution yield is approximately 1.14%. This number describes the cash paid out relative to the current ETF price. The fund usually pays these distributions on a quarterly basis, with 4 payments recorded over the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• Positive Returns: Both the price return and total return have been positive over the last year.
• Low Erosion Risk: The fund shows no detected price erosion based on the supplied score.
• Income Rating: The fund has an income rating grade of "A."
Cons
• Partial Data: The list of top holdings is only a partial view of the 106 total holdings.
• Lower Yield: The distribution yield is relatively low at approximately 1.14%.
Beginner takeaway
When looking at ABCS, it is helpful to distinguish between the share price and the total return. While the share price has grown, the total return is higher because it includes the distributions paid to investors. The fund currently shows a history of positive price movement without detected price erosion.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | VANGUARD SMALL-CAP VALUE ETF | VBR | 14.62% |
| 2 | VANGUARD SMALL-CAP ETF | VB | 5.28% |
| 3 | VANGUARD MID-CAP VALUE ETF | VOE | 5.14% |
| 4 | VANGUARD MID-CAP ETF | VO | 4.97% |
| 5 | ELEVANCE HEALTH INC | ELV | 2.36% |
| 6 | GLOBAL PAYMENTS INC | GPN | 1.79% |
| 7 | AMERIPRISE FINANCIAL INC | AMP | 1.74% |
| 8 | HEWLETT PACKARD ENTERPRISE CO | HPE | 1.54% |
| 9 | U.S. BANCORP | USB | 1.43% |
| 10 | FIRST AMERICAN GOVERNMENT OBLIGS X | FGXXX | 1.33% |