QABA vs. FPAG ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to FPA Global Equity ETF (FPAG)

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

$62.25

Average Daily Volume

17,975

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.99

Average Daily Volume

28,017

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QABA	FPAG
30 Days	14.82%	1.22%
60 Days	16.57%	1.82%
90 Days	15.09%	1.89%
12 Months	48.78%	23.71%

0 Overlapping Holdings

	Symbol	Grade	Weight in QABA	Weight in FPAG	Overlap

QABA Overweight 121 Positions Relative to FPAG

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

QABA Underweight 25 Positions Relative to FPAG

Symbol	Grade	Weight
GOOGL	C	-6.38%
META	D	-5.35%
ADI	D	-5.13%
C	A	-4.88%
CMCSA	B	-4.78%
TEL	B	-4.58%
GOOG	C	-4.17%
IFF	D	-3.84%
WFC	A	-3.66%
AMZN	C	-3.39%
AON	A	-2.69%
AVGO	D	-2.26%
NXPI	D	-2.21%
KMX	B	-1.85%
CHTR	C	-1.75%
KMI	A	-1.72%
MAR	B	-1.69%
FE	C	-1.49%
HWM	A	-1.29%
ICLR	D	-1.26%
WAB	B	-1.23%
UBER	D	-1.16%
NFLX	A	-0.66%
BABA	D	-0.29%
PCG	A	-0.21%