Abacus FCF Leaders ETF

ABFL

Market cap $511M

ABFL aims to outperform the Russell 3000 Index with less risk using proprietary free cash flow analysis. It has $659 million in assets under management but a high 0.59% ER. Its free cash flow margins and free cash flow growth rates are terrific, about 4-5% better than its benchmark. However, my analysis reveals high leverage is a key source. ABFL's growth features aren't very compelling, but its price and earnings momentum statistics are quite impressive. This mixed bag of results leads me to assign it a solid "hold".