DIVL vs. QABA ETF Comparison

Comparison of Madison Dividend Value ETF (DIVL) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)

DIVL

Madison Dividend Value ETF

DIVL Description

The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over $1 billion and a history of paying dividends, with the ability to increase dividends over time. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in dividend paying equity securities. The fund may also invest up to 50% of its common stock allocation in foreign securities, including ADRs and emerging market securities.

Grade (RS Rating)

Last Trade

$22.33

Average Daily Volume

2,675

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

$60.72

Average Daily Volume

14,871

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

Performance

Period	DIVL	QABA
30 Days	-0.11%	8.76%
60 Days	4.34%	14.23%
90 Days	7.03%	18.53%
12 Months	21.71%	44.23%

0 Overlapping Holdings

	Symbol	Grade	Weight in DIVL	Weight in QABA	Overlap

DIVL Overweight 36 Positions Relative to QABA

Symbol	Grade	Weight
MS	A	4.62%
FAST	B	4.57%
ADP	B	4.54%
ABBV	F	4.17%
TXN	C	4.05%
HD	A	3.76%
HON	A	3.68%
JPM	A	3.43%
LOW	A	3.23%
AMT	D	3.07%
CVX	A	2.99%
EOG	A	2.95%
D	C	2.86%
JNJ	D	2.85%
UNP	D	2.81%
MDT	D	2.69%
HPE	B	2.66%
NEE	C	2.65%
CME	A	2.6%
COP	C	2.55%
BAC	A	2.54%
USB	B	2.49%
MKC	D	2.39%
APD	A	2.26%
CMI	A	2.09%
DGX	A	2.0%
CMCSA	B	1.98%
XOM	B	1.91%
PG	C	1.37%
NKE	D	1.36%
PEP	F	1.31%
ABT	B	1.25%
DE	D	1.18%
PAYX	B	1.13%
CL	D	0.98%
HSY	F	0.93%

DIVL Underweight 121 Positions Relative to QABA

Symbol	Grade	Weight
CBSH	A	-4.4%
WTFC	A	-4.21%
UMBF	A	-2.93%
FFIN	A	-2.9%
UBSI	A	-2.77%
OZK	A	-2.59%
HWC	A	-2.49%
IBOC	A	-2.17%
BANF	A	-1.99%
TFSL	A	-1.93%
TCBI	A	-1.91%
FULT	A	-1.85%
CATY	A	-1.81%
FHB	A	-1.71%
FIBK	A	-1.69%
WSFS	A	-1.63%
SFNC	B	-1.52%
INDB	A	-1.51%
CVBF	A	-1.51%
WAFD	A	-1.46%
FFBC	A	-1.34%
PPBI	A	-1.33%
TOWN	A	-1.31%
TBBK	A	-1.31%
FRME	A	-1.24%
BANR	A	-1.24%
SBCF	A	-1.23%
TRMK	A	-1.16%
NBTB	A	-1.15%
TFIN	A	-1.1%
EFSC	A	-1.07%
SYBT	A	-1.06%
WSBC	A	-1.03%
CASH	A	-0.97%
CHCO	A	-0.95%
CLBK	B	-0.94%
FBNC	A	-0.92%
LKFN	A	-0.91%
NWBI	A	-0.91%
MBIN	D	-0.89%
SASR	A	-0.83%
HOPE	A	-0.8%
SRCE	A	-0.79%
VBTX	A	-0.79%
STBA	A	-0.79%
TCBK	A	-0.77%
QCRH	A	-0.74%
BUSE	A	-0.74%
WABC	A	-0.74%
GABC	A	-0.66%
RBCAA	A	-0.65%
DCOM	A	-0.64%
PFBC	A	-0.62%
PEBO	A	-0.6%
OCFC	A	-0.58%
AMAL	B	-0.54%
BRKL	A	-0.53%
SBSI	B	-0.53%
BFC	B	-0.52%
BHRB	A	-0.51%
CNOB	A	-0.51%
CTBI	A	-0.51%
FMBH	A	-0.49%
PFC	A	-0.49%
CCB	A	-0.47%
HFWA	A	-0.45%
CFFN	A	-0.45%
UVSP	A	-0.44%
EGBN	A	-0.43%
FCBC	B	-0.42%
BFST	B	-0.42%
CFB	B	-0.41%
OSBC	A	-0.4%
NBN	A	-0.4%
HBNC	A	-0.39%
ORRF	A	-0.38%
IBCP	A	-0.38%
MBWM	A	-0.38%
GSBC	A	-0.37%
HAFC	A	-0.37%
SMBC	A	-0.36%
TRST	A	-0.34%
FSBC	A	-0.34%
CAC	A	-0.34%
MOFG	A	-0.33%
PGC	A	-0.32%
SPFI	A	-0.32%
HTBK	A	-0.32%
HTBI	A	-0.32%
CCBG	A	-0.32%
WASH	A	-0.32%
HIFS	B	-0.31%
ESQ	B	-0.3%
CASS	B	-0.3%
HONE	A	-0.29%
CCNE	B	-0.29%
NFBK	A	-0.29%
MSBI	A	-0.28%
THFF	A	-0.28%
FMNB	A	-0.28%
BCAL	A	-0.27%
AROW	A	-0.27%
KRNY	A	-0.26%
MPB	B	-0.26%
SHBI	A	-0.26%
FFIC	A	-0.25%
TCBX	A	-0.24%
EBTC	A	-0.23%
BSRR	B	-0.23%
CARE	B	-0.22%
FISI	A	-0.21%
RBB	A	-0.21%
BWB	B	-0.2%
NECB	A	-0.2%
BMRC	A	-0.2%
NRIM	A	-0.2%
NEWT	B	-0.18%
INBK	A	-0.17%
FRST	A	-0.15%
WSBF	B	-0.15%
FLIC	A	-0.15%