QABA vs. AIRR ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to First Trust RBA American Industrial Renaissance ETF (AIRR)
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

$60.76

Average Daily Volume

15,664

Number of Holdings *

121

* may have additional holdings in another (foreign) market
AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$84.29

Average Daily Volume

353,853

Number of Holdings *

52

* may have additional holdings in another (foreign) market
Performance
Period QABA AIRR
30 Days 12.46% 10.04%
60 Days 12.99% 12.99%
90 Days 12.33% 15.82%
12 Months 45.21% 64.82%
5 Overlapping Holdings
Symbol Grade Weight in QABA Weight in AIRR Overlap
FFBC B 1.35% 0.87% 0.87%
FRME B 1.24% 0.77% 0.77%
FULT A 1.86% 0.94% 0.94%
LKFN C 0.92% 0.57% 0.57%
WTFC A 4.24% 1.41% 1.41%
QABA Overweight 116 Positions Relative to AIRR
Symbol Grade Weight
CBSH B 4.51%
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%
CATY B 1.82%
FIBK A 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%
PPBI C 1.3%
TOWN B 1.29%
TBBK C 1.29%
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%
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%
QABA Underweight 47 Positions Relative to AIRR
Symbol Grade Weight
MLI B -3.42%
AAON B -3.32%
AIT B -3.3%
GVA A -3.25%
EME A -3.09%
RBC A -3.04%
BWXT B -2.98%
KEX B -2.96%
ZWS B -2.93%
MDU D -2.9%
MSM C -2.87%
CHRW B -2.82%
HRI C -2.74%
ATKR D -2.73%
DY D -2.72%
CLH C -2.71%
PRIM A -2.63%
CNM D -2.56%
MTZ B -2.55%
FIX A -2.52%
FSS B -2.38%
WMS F -2.33%
ROAD B -2.16%
HII F -2.08%
ACA A -1.75%
MWA B -1.74%
FNB A -1.72%
STRL A -1.71%
ASB B -1.42%
ONB C -1.38%
MRCY C -1.28%
GBX A -1.15%
HEES C -1.12%
VSEC C -1.06%
BLBD D -0.96%
TGI B -0.91%
POWL C -0.91%
WNC C -0.91%
DNOW B -0.87%
LMB B -0.83%
TPC C -0.81%
PRLB B -0.8%
XMTR B -0.78%
PRK B -0.78%
FCF B -0.67%
AMRC D -0.62%
TRNS D -0.53%
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