ACP vs TLTD

Comparison between abrdn Income Credit Strategies Fund (ACP, ETF) and FLEXSHARES MORNINGSTAR DEVELOPED MARKETS EX-US FACTOR TILT INDEX FUND (TLTD, ETF).

5-Year PerformanceTLTD has outperformed ACP, delivering a return of +11.2% compared to +0.2%

ACP vs TLTD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ACP(ETF)	TLTD(ETF)
Net Assets	$671M	$670M
Expense Ratio	N/A	0.39%
Max Drawdown	74.68%	44.58%
Sharpe Ratio	-0.06	1.27
5Y Beta	0.42	0.70
5Y Dividends CAGR	-4.88%	17.49%

Net Assets

Winner

ACP

$671M

TLTD

$670M

Expense Ratio

ACP

N/A

TLTD

0.39%

Max Drawdown

ACP

74.68%

Winner

TLTD

44.58%

Sharpe Ratio

ACP

-0.06

Winner

TLTD

1.27

5Y Beta

Winner

ACP

0.42

TLTD

0.70

5Y Dividends CAGR

ACP

-4.88%

Winner

TLTD

17.49%

ACP vs TLTD - Historical Returns

Returns include dividend reinvestment.

Period	ACP	TLTD
1 month	+0.95%	+6.34%
3 months	-0.66%	+5.48%
6 months	-0.67%	+4.41%
1 year	+2.11%	+25.20%
5 years(CAGR)	+0.21%	+11.24%
10 years(CAGR)	+5.37%	+10.02%
Max(CAGR)	+4.08%	+8.65%

ACP

+0.95%

Winner

TLTD

+6.34%

ACP

-0.66%

Winner

TLTD

+5.48%

ACP

-0.67%

Winner

TLTD

+4.41%

ACP

+2.11%

Winner

TLTD

+25.20%

5Y(CAGR)

ACP

+0.21%

Winner

TLTD

+11.24%

10Y(CAGR)

ACP

+5.37%

Winner

TLTD

+10.02%

Max(CAGR)

ACP

+4.08%

Winner

TLTD

+8.65%

ACP vs TLTD - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	ACP	TLTD
2026	+5.31%	+14.70%
2025	+5.93%	+39.87%
2024	+5.60%	+5.94%
2023	+19.76%	+16.61%
2022	-23.35%	-14.24%
2021	+7.73%	+12.78%
2020	+6.98%	+3.29%
2019	+26.50%	+21.55%
2018	-17.95%	-18.30%
2017	+15.85%	+25.61%
2016	+34.70%	+6.81%
2015	-16.50%	-1.07%
2014	-2.86%	-5.04%
2013	+4.93%	+19.26%
2012	+26.57%	+5.81%
2011	-16.90%	N/A

ACP vs TLTD Drawdown Comparison

The maximum drawdown for ACP was -51.03%, occurring on Mar 18, 2020. Recovery took 205 trading sessions.

The maximum drawdown for TLTD was -40.60%, occurring on Mar 23, 2020. Recovery took 741 trading sessions.

The current ACP drawdown is -5.30%.

Rank	ACP	TLTD
#1	-51.03% Feb 21, 2020 - Dec 11, 2020	-40.60% Jan 26, 2018 - Jan 6, 2021
#2	-40.93% May 10, 2021 - Oct 14, 2022	-28.93% Sep 3, 2021 - Mar 1, 2024
#3	-35.96% Jul 10, 2014 - Dec 19, 2016	-24.90% Jul 2, 2014 - Apr 25, 2017
#4	-28.12% Oct 1, 2018 - Feb 10, 2020	-13.10% Mar 19, 2025 - Apr 28, 2025
#5	-26.11% Jul 13, 2011 - Oct 4, 2012	-12.11% Feb 26, 2026 - Jul 30, 2026
#6	-15.95% Apr 17, 2013 - Jun 9, 2014	-10.13% May 21, 2013 - Aug 13, 2013
#7	-9.59% Oct 24, 2017 - Jan 5, 2018	-8.83% Sep 26, 2024 - Mar 5, 2025
#8	-6.86% Feb 4, 2011 - Jul 13, 2011	-7.25% Jul 16, 2024 - Aug 21, 2024
#9	-6.52% Mar 1, 2017 - Apr 25, 2017	-6.34% Jan 21, 2014 - Feb 24, 2014
#10	-5.22% Nov 7, 2012 - Dec 10, 2012	-6.16% Jun 14, 2021 - Sep 3, 2021
#11	-5.13% Jan 8, 2018 - May 18, 2018	-4.90% Oct 17, 2012 - Dec 4, 2012
#12	-4.57% May 31, 2017 - Jul 19, 2017	-4.76% Nov 12, 2025 - Nov 28, 2025
#13	-3.78% Feb 20, 2013 - Mar 8, 2013	-4.29% Mar 27, 2024 - May 9, 2024
#14	-3.61% Mar 11, 2013 - Mar 27, 2013	-4.09% Jan 8, 2021 - Feb 8, 2021
#15	-3.45% Aug 7, 2017 - Sep 7, 2017	-3.91% Aug 27, 2024 - Sep 19, 2024

Correlation

Correlation between ACP and TLTD is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2011 - 2026)

ACP vs TLTD dividend yield comparison.

Year	ACP	TLTD
2026	12.23%	1.48%
2025	17.19%	3.44%
2024	19.72%	3.88%
2023	17.65%	3.39%
2022	17.70%	2.76%
2021	11.79%	3.44%
2020	12.82%	2.04%
2019	12.60%	3.46%
2018	13.01%	3.16%
2017	10.60%	2.71%
2016	11.08%	2.93%
2015	13.11%	2.56%
2014	12.61%	3.14%
2013	9.46%	1.14%
2012	8.19%	0.21%
2011	8.66%	0.00%