PQUS vs ABLD

Comparison between PICTET AI ENHANCED US EQUITY ETF (PQUS, ETF) and ABACUS FCF REAL ASSETS LEADERS ETF (ABLD, ETF).

PQUS vs ABLD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PQUS(ETF)	ABLD(ETF)
Net Assets	$85M	$85M
Expense Ratio	0.22%	0.39%
Max Drawdown	7.19%	24.44%
Sharpe Ratio	1.73	0.64
5Y Beta	1.00	0.72
P/E Ratio	27.71	16.18
Forward P/E	21.23	14.42
PEG Ratio	0.25	0.20
5Y EPS CAGR	27.22%	25.33%
Debt to Equity	-3.64%	N/A
P/S Ratio	3.86	1.57
P/B Ratio	5.34	4.17

Net Assets

PQUS

$85M

ABLD

$85M

Expense Ratio

Winner

PQUS

0.22%

ABLD

0.39%

Max Drawdown

Winner

PQUS

7.19%

ABLD

24.44%

Sharpe Ratio

Winner

PQUS

1.73

ABLD

0.64

5Y Beta

PQUS

1.00

Winner

ABLD

0.72

P/E Ratio

PQUS

27.71

Winner

ABLD

16.18

Forward P/E

PQUS

21.23

Winner

ABLD

14.42

PEG Ratio

PQUS

0.25

Winner

ABLD

0.20

5Y EPS CAGR

Winner

PQUS

27.22%

ABLD

25.33%

Debt to Equity

PQUS

-3.64%

ABLD

N/A

P/S Ratio

PQUS

3.86

Winner

ABLD

1.57

P/B Ratio

PQUS

5.34

Winner

ABLD

4.17

PQUS vs ABLD - Holdings Comparison

PQUS and ABLD have 4 common holdings. Overlap is 1.67%

PQUS's top 25 holdings weight is 57.26%. ABLD's top 25 holdings weight is 64.97%.

Rank	PQUS	ABLD
#1	NVIDIA CORP (NVDA) - 7.98%	APA CORP (APA) - 3.93%
#2	APPLE INC (AAPL) - 7.50%	CHENIERE ENERGY PARTNERS LP (CQP) - 3.40%
#3	MICROSOFT CORP (MSFT) - 4.32%	IMPERIAL OIL LTD (n/a) - 3.32%
#4	AMAZON.COM INC (AMZN) - 3.63%	CANADIAN NATURAL RESOURCES LTD (n/a) - 3.29%
#5	BROADCOM INC (AVGO) - 3.53%	WESTERN MIDSTREAM PARTNERS LP (WES) - 3.23%
#6	ALPHABET INC CLASS A (GOOGL) - 3.15%	HITACHI LTD ADR (HTHIY) - 3.15%
#7	ALPHABET INC CLASS C (GOOG) - 2.84%	BHP GROUP LTD ADR (BHP) - 3.14%
#8	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 2.30%	ENDEAVOUR MINING PLC (n/a) - 2.88%
#9	TESLA INC (TSLA) - 1.86%	ANTERO MIDSTREAM CORP (AM) - 2.82%
#10	ELI LILLY AND CO (LLY) - 1.82%	KINROSS GOLD CORP (n/a) - 2.68%
#11	META PLATFORMS INC CLASS A (META) - 1.60%	ALLISON TRANSMISSION HOLDINGS INC (ALSN) - 2.61%
#12	APPLIED MATERIALS INC (AMAT) - 1.52%	ARCHER-DANIELS-MIDLAND CO (ADM) - 2.51%
#13	MICRON TECHNOLOGY INC (MU) - 1.51%	CARLISLE COMPANIES INC (CSL) - 2.50%
#14	WELLS FARGO & CO (WFC) - 1.41%	MPLX LP PARTNERSHIP UNITS (MPLX) - 2.48%
#15	BANK OF AMERICA CORP (BAC) - 1.27%	NEWMONT CORP (NEM) - 2.48%
#16	ABBVIE INC (ABBV) - 1.17%	GOLD FIELDS LTD ADR (GFI) - 2.41%
#17	ALTRIA GROUP INC (MO) - 1.16%	SIMON PROPERTY GROUP INC (SPG) - 2.14%
#18	DANAHER CORP (DHR) - 1.15%	ILLINOIS TOOL WORKS INC (ITW) - 2.13%
#19	BOSTON SCIENTIFIC CORP (BSX) - 1.14%	DPM METALS INC (n/a) - 2.12%
#20	TJX COMPANIES INC (TJX) - 1.13%	A.O. SMITH CORP (AOS) - 2.10%
#21	LAM RESEARCH CORP (LRCX) - 1.12%	OCEANAGOLD CORP (OGC) - 2.09%
#22	ACCENTURE PLC CLASS A (ACN) - 1.11%	ARGAN INC (AGX) - 2.04%
#23	VISA INC CLASS A (V) - 1.02%	SIEMENS ENERGY AG ADR SPONSORED (SMERY) - 1.86%
#24	VERIZON COMMUNICATIONS INC (VZ) - 1.01%	HESS MIDSTREAM LP CLASS A (HESM) - 1.83%
#25	CATERPILLAR INC (CAT) - 1.01%	ENERSYS (ENS) - 1.83%
Total Holdings	159	53

PQUS vs ABLD - Historical Returns

Returns include dividend reinvestment.

Period	PQUS	ABLD
1 month	+2.19%	-5.41%
3 months	+8.48%	-4.91%
6 months	N/A	+5.25%
1 year	N/A	+12.73%
5 years(CAGR)	N/A	+11.20%
Max(CAGR)	+33.55%	+11.20%

Winner

PQUS

+2.19%

ABLD

-5.41%

Winner

PQUS

+8.48%

ABLD

-4.91%

PQUS

N/A

ABLD

+5.25%

PQUS

N/A

ABLD

+12.73%

5Y(CAGR)

PQUS

N/A

ABLD

+11.20%

Max(CAGR)

Winner

PQUS

+33.55%

ABLD

+11.20%

PQUS vs ABLD - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	PQUS	ABLD
2026	+8.16%	+5.22%
2025	N/A	+6.42%
2024	N/A	+6.76%
2023	N/A	+20.60%
2022	N/A	+7.18%
2021	N/A	+3.86%

PQUS vs ABLD Drawdown Comparison

The maximum drawdown for PQUS was -7.19%, occurring on Mar 30, 2026. Recovery took 31 trading sessions.

The maximum drawdown for ABLD was -19.34%, occurring on Apr 8, 2025. Recovery took 273 trading sessions.

The current PQUS drawdown is -2.63%. The current ABLD drawdown is -9.47%.

Rank	PQUS	ABLD
#1	-7.19% Feb 26, 2026 - Apr 13, 2026	-19.34% Nov 29, 2024 - Jan 5, 2026
#2	-2.63% Jun 2, 2026 - Jun 5, 2026	-18.50% Jun 7, 2022 - Jan 11, 2023
#3	-1.47% May 14, 2026 - May 22, 2026	-11.64% Mar 2, 2026 - Mar 20, 2026
#4	-1.10% Apr 17, 2026 - Apr 27, 2026	-11.56% Feb 1, 2023 - Jul 3, 2023
#5	-0.69% Apr 27, 2026 - Apr 30, 2026	-9.90% Apr 20, 2022 - Jun 7, 2022
#6	-0.41% May 1, 2026 - May 5, 2026	-6.18% Sep 14, 2023 - Oct 17, 2023
#7	-0.36% May 6, 2026 - May 8, 2026	-5.64% Jul 17, 2024 - Aug 23, 2024
#8	-0.21% May 26, 2026 - May 28, 2026	-5.53% Oct 17, 2023 - Dec 1, 2023
#9	-0.12% May 11, 2026 - May 13, 2026	-5.02% May 14, 2024 - Jul 16, 2024
#10	N/A	-4.81% Dec 26, 2023 - Feb 22, 2024
#11	N/A	-4.80% Feb 9, 2022 - Mar 2, 2022
#12	N/A	-4.32% Jan 12, 2022 - Feb 9, 2022
#13	N/A	-3.85% Oct 14, 2024 - Nov 21, 2024
#14	N/A	-3.80% Aug 30, 2024 - Sep 19, 2024
#15	N/A	-3.80% Apr 9, 2024 - May 9, 2024

Correlation

Correlation between PQUS and ABLD is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

-101