Every fingering that fits a hand
134x
easy
x8bb
easy
What is true of it
A♭5 is A♭ and E♭ — 1 and 5 counted from A♭.
The easiest of the 2 fingerings below is 134x: 3 fingers, held at the 1st fret.
None of them uses an open string, so this chord moves up the neck unchanged — the same shape 1 fret higher is the chord a semitone above.
1 string stays silent.
Where its notes are on the neck
The brass dots are A♭, the root. Everything else is a chord tone with its degree printed in it.
With a different note underneath
A♭5/E♭
x346
An inversion is the same chord with a different note lowest. The name changes to a slash name because the bass is what a listener hears as the foundation.