AADR vs. QABA ETF Comparison

Comparison of WCM BNY Mellon Focused Growth ADR ETF (AADR) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$67.45

Average Daily Volume

894

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QABA

First Trust NASDAQ ABA Community Bank Index Fund

QABA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.87

Average Daily Volume

15,664

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

Performance

Period	AADR	QABA
30 Days	2.78%	12.66%
60 Days	6.23%	13.20%
90 Days	8.46%	12.53%
12 Months	30.70%	45.48%

0 Overlapping Holdings

	Symbol	Grade	Weight in AADR	Weight in QABA	Overlap

AADR Overweight 26 Positions Relative to QABA

Symbol	Grade	Weight
YPF	B	6.36%
GGAL	B	5.56%
NVO	F	4.85%
BMA	C	4.69%
ERJ	A	4.36%
PAM	A	3.96%
ABBV	F	3.64%
MUFG	B	3.6%
QFIN	A	3.05%
SAP	B	3.04%
VRNA	B	2.9%
BCS	A	2.74%
RELX	D	2.72%
BBVA	D	2.68%
MELI	C	2.68%
SE	A	2.63%
ERIC	C	2.58%
SMFG	B	2.54%
HMY	D	2.49%
TSM	B	2.36%
ING	F	2.13%
TEVA	C	2.13%
CHKP	C	2.09%
NVS	F	2.03%
FUTU	D	1.79%
TCOM	B	1.74%

AADR Underweight 121 Positions Relative to QABA

Symbol	Grade	Weight
CBSH	B	-4.51%
WTFC	A	-4.24%
UMBF	B	-2.92%
FFIN	B	-2.88%
UBSI	B	-2.79%
OZK	B	-2.64%
HWC	B	-2.5%
IBOC	B	-2.18%
TCBI	C	-2.0%
BANF	B	-1.98%
TFSL	A	-1.97%
FULT	A	-1.86%
CATY	B	-1.82%
FIBK	B	-1.7%
FHB	B	-1.7%
WSFS	B	-1.66%
CVBF	A	-1.54%
SFNC	C	-1.5%
INDB	B	-1.49%
WAFD	B	-1.46%
FFBC	B	-1.35%
PPBI	C	-1.3%
TOWN	B	-1.29%
TBBK	B	-1.29%
FRME	B	-1.24%
SBCF	B	-1.23%
BANR	B	-1.23%
WSBC	B	-1.17%
TFIN	B	-1.15%
TRMK	C	-1.14%
NBTB	B	-1.14%
EFSC	B	-1.08%
SYBT	B	-1.07%
CASH	B	-0.97%
CLBK	C	-0.95%
FBNC	B	-0.94%
CHCO	B	-0.94%
LKFN	C	-0.92%
NWBI	B	-0.91%
MBIN	F	-0.9%
SASR	B	-0.84%
HOPE	C	-0.8%
STBA	B	-0.79%
VBTX	B	-0.78%
SRCE	B	-0.78%
TCBK	C	-0.77%
QCRH	B	-0.75%
WABC	B	-0.74%
BUSE	B	-0.74%
GABC	B	-0.66%
RBCAA	B	-0.65%
DCOM	B	-0.65%
PFBC	B	-0.62%
PEBO	B	-0.61%
OCFC	B	-0.58%
BRKL	B	-0.55%
AMAL	B	-0.54%
CNOB	B	-0.52%
CTBI	B	-0.52%
BHRB	B	-0.51%
BFC	B	-0.5%
PFC	B	-0.49%
CCB	A	-0.48%
FMBH	B	-0.48%
HFWA	C	-0.44%
CFFN	C	-0.44%
UVSP	B	-0.44%
EGBN	B	-0.42%
OSBC	A	-0.41%
FCBC	C	-0.41%
BFST	C	-0.41%
CFB	B	-0.41%
IBCP	B	-0.39%
MBWM	B	-0.39%
NBN	C	-0.39%
HBNC	B	-0.39%
ORRF	B	-0.38%
SMBC	B	-0.37%
HAFC	B	-0.37%
GSBC	C	-0.36%
CAC	C	-0.34%
TRST	B	-0.34%
FSBC	C	-0.34%
MOFG	B	-0.33%
HTBI	B	-0.32%
CCBG	B	-0.32%
HTBK	B	-0.32%
WASH	C	-0.32%
MPB	B	-0.31%
SPFI	C	-0.31%
PGC	B	-0.31%
HIFS	C	-0.3%
CASS	C	-0.3%
CCNE	C	-0.29%
THFF	B	-0.29%
ESQ	B	-0.29%
MSBI	B	-0.28%
FMNB	B	-0.28%
HONE	C	-0.28%
NFBK	C	-0.28%
BCAL	B	-0.27%
AROW	B	-0.27%
KRNY	C	-0.26%
SHBI	B	-0.26%
FFIC	B	-0.25%
NRIM	A	-0.23%
TCBX	B	-0.23%
RBB	B	-0.22%
CARE	C	-0.22%
BSRR	B	-0.22%
EBTC	C	-0.22%
BMRC	B	-0.21%
NECB	C	-0.2%
BWB	B	-0.2%
FISI	B	-0.2%
NEWT	C	-0.18%
INBK	B	-0.17%
WSBF	C	-0.15%
FRST	B	-0.15%
FLIC	B	-0.15%
SBSI	C	-0.05%