QABA vs. FTXO ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to First Trust Nasdaq Bank ETF (FTXO)

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

$59.84

Average Daily Volume

14,836

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

FTXO

First Trust Nasdaq Bank ETF

FTXO 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 US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.68

Average Daily Volume

34,687

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QABA	FTXO
30 Days	8.96%	9.71%
60 Days	9.42%	14.67%
90 Days	18.28%	20.16%
12 Months	40.80%	57.95%

15 Overlapping Holdings

Symbol	Grade	Weight in QABA	Weight in FTXO	Overlap
BANF	B	1.99%	0.51%	0.51%
CATY	A	1.81%	0.6%	0.6%
CBSH	A	4.4%	0.62%	0.62%
FFBC	A	1.34%	0.49%	0.49%
FFIN	A	2.9%	0.5%	0.5%
FULT	A	1.85%	0.52%	0.52%
HWC	B	2.49%	0.79%	0.79%
IBOC	A	2.17%	0.52%	0.52%
OZK	A	2.59%	0.99%	0.99%
TBBK	A	1.31%	0.46%	0.46%
UBSI	A	2.77%	0.97%	0.97%
UMBF	B	2.93%	0.69%	0.69%
WAFD	B	1.46%	0.45%	0.45%
WSFS	A	1.63%	0.49%	0.49%
WTFC	A	4.21%	1.13%	1.13%

QABA Overweight 106 Positions Relative to FTXO

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

QABA Underweight 35 Positions Relative to FTXO

Symbol	Grade	Weight
WFC	A	-8.67%
BAC	A	-7.85%
C	A	-7.58%
JPM	A	-7.5%
USB	A	-7.42%
MTB	A	-4.32%
PNC	A	-3.91%
CFG	A	-3.77%
HBAN	A	-3.72%
FCNCA	A	-3.69%
FITB	A	-3.54%
RF	A	-3.32%
KEY	A	-2.55%
WBS	A	-1.98%
FHN	A	-1.93%
EWBC	A	-1.6%
PB	A	-1.48%
PNFP	A	-1.35%
WAL	B	-1.22%
COLB	B	-1.16%
ZION	A	-1.15%
SSB	B	-1.14%
ONB	B	-1.1%
BOKF	A	-1.05%
SNV	B	-1.04%
BPOP	D	-0.9%
CFR	B	-0.83%
HOMB	A	-0.78%
ABCB	B	-0.73%
SFBS	B	-0.52%
BKU	A	-0.51%
AX	A	-0.51%
CBU	B	-0.5%
PRK	B	-0.49%
FBP	B	-0.43%