ABLG — FCF International Quality ETF
Data updated: 2026-09-23
ABLG — FCF International Quality ETF. 0.54% expense ratio · since 2017 · Developed ex-US Mid Cap Value Equity. Holdings, fees, performance and SEC filings.
ABLG Fund Overview
ABLG — FCF International Quality ETF is a US ETF managed by Abacus FCF ETF Trust, categorised as Developed ex-US Mid Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Abacus FCF ETF Trust
- Category: Developed ex-US Mid Cap Value Equity
- Assets under management: $16.14M
- 1-year return: 6.9%
- Ticker: ABLG
- SEC CIK: 0001604813
- SEC series ID: S000056835
- Share class ID: C000180511
ABLG Investment Objective and Strategy
FCF International Quality ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Abacus FCF ETF Trust.
Investment objective
The Abacus FCF International Leaders ETF (the Fund) seeks to generate long-term total returns.
Principal investment strategy
The Fund is an actively managed exchange-traded fund (ETF). To pursue its investment objective, the Fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies from foreign countries, or depositary receipts representing such securities. The Fund considers an issuer to be from a foreign country if: (i) its securities are organized under the laws of a foreign country or the issuer maintains its principal place of business in a foreign country; (ii) its securities are traded principally in a foreign country; or (iii) during the issuer's most recent fiscal year, it derived at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed in a foreign country or has at least 50% of its assets in a foreign country.
The companies in which the Fund primarily invests are those from developed foreign markets, although the Fund will also invest a portion of its assets in companies located in emerging markets (i.e., those that are in the early stages of their economic development). The Fund seeks to invest in stocks of the most profitable companies that exhibit fundamental characteristics associated with the potential for long-term capital appreciation, as identified by Abacus FCF Advisors LLC (the Adviser) through extensive historical research. While the Adviser evaluates companies of any market capitalization, the final portfolio primarily consists of large- and mid-cap companies. The Adviser utilizes its proprietary Abacus FCF Leaders Model (the Model) to evaluate securities in the investment universe and scores them based on free cash flow return on invested capital (FCF-ROIC).
The Model assesses companies through a detailed analysis of factors such as capital expenditure, accruals, cash flow margins and asset turnover to identify companies with strong and sustainable profitability. These securities are assigned active weights primarily based on their FCF-ROIC characteristics, with adjustments reflecting the Advisers systematic evaluation of company-specific risk in the context of the business cycle. These active weights are integrated with free-float market capitalization weights and rescaled to construct the final portfolio, seeking to ensure high-conviction exposure to companies with strong FCF-ROIC metrics. During earnings seasons, the Adviser typically implements more substantial adjustments to the Funds portfolio based on updated Model outputs. However, the Adviser continuously monitors the portfolio and retains discretion to make modifications to the Funds portfolio at any time, subject to the oversight and supervision of the Board of Trustees of the Trust (the Board), to better capture daily updates and opportunities identified by the Model.
The Adviser executes trades for the Funds portfolio based on insights generated by the Model. To implement the Models outputs efficiently, the Adviser: (a) selects trading vehicles (e.g., stocks or depositary receipts) with an emphasis on liquidity and cost-effectiveness; (b) manages cash positions to address operational requirements or market disruptions deemed extreme by the Adviser; and (c) executes trades to maintain portfolio alignment following corporate actions (e.g., mergers, spinoffs or restructurings). The Fund can use derivative instruments, including exchange-traded futures contracts, to seek to protect the Fund's current or intended investments from broad fluctuations in securities prices. The Adviser may engage in active and frequent trading of the Funds portfolio securities to achieve the Funds investment objective.
From time to time the Fund may focus its investment (i.e., invest more than 15% of its total assets) in one or more particular sectors or geographic regions. As of September 30, 2025, the Fund focuses its investments in Asia and Europe, and also in the information technology, consumer discretionary and industrials sectors.
ABLG Holdings
Top 10 holdings of FCF International Quality ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Mount Vernon Liquid Assets Portfolio, LLC | 12.71% |
| TSMC | 4.93% |
| ASML Holding NV | 4.92% |
| SK hynix Inc | 4.05% |
| Advantest Corp | 3.88% |
| Novartis AG | 3.30% |
| Rolls-Royce Holdings PLC | 3.22% |
| Tencent Holdings Ltd | 3.12% |
| US Bank Mmda - Usbgfs 9 | 2.75% |
| Roche Holding AG | 2.69% |
ABLG Portfolio Allocation
Asset-class allocation of FCF International Quality ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.2% |
| Cash & Equivalents | 15.5% |
ABLG Performance
Total returns for ABLG (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -1.23% |
| 1 year | 6.87% |
| 3 years (annualised) | 5.69% |
| 5 years (annualised) | 0.54% |
ABLG Risk Information
Risk metrics for ABLG, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.08%
ABLG Costs and Fees
ABLG costs about $54 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.54%
- Gross expense ratio: 0.54%
- Portfolio turnover: 143%
- Brokerage commissions: 16.66 bps of average net assets (SEC N-CEN)
ABLG Cashflows
Over the 12 months to 2026-04, FCF International Quality ETF had net outflows of $20.86M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $0 |
| 2026-03 | $0 |
| 2026-02 | −$13.08M |
| 2026-01 | $0 |
| 2025-12 | $0 |
| 2025-11 | −$2.37M |
ABLG Debt Constituents
No individual debt constituents are reported in FCF International Quality ETF's latest SEC N-PORT filing.
ABLG Prospectus and SEC Filings
Official FCF International Quality ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus supplement (497) — filed 2026-05-15
- Prospectus supplement (497) — filed 2025-03-04
- Prospectus supplement (497) — filed 2025-01-31
- Portfolio holdings (N-PORT) — filed 2026-09-23
- Portfolio holdings (N-PORT) — filed 2026-06-16
- Portfolio holdings (N-PORT) — filed 2026-03-17
- Annual census (N-CEN) — filed 2024-10-10
- Annual census (N-CEN) — filed 2023-10-16
Related Funds
Other Developed ex-US Mid Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.