QABA vs. HAPS ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to Harbor Corporate Culture Small Cap ETF (HAPS)

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

HAPS

Harbor Corporate Culture Small Cap ETF

HAPS Description

The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 200 small cap U.S. companies identified by Irrational Capital LLC those it believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$31.08

Average Daily Volume

121

Number of Holdings ^*

179

* may have additional holdings in another (foreign) market

Performance

Period	QABA	HAPS
30 Days	12.66%	5.32%
60 Days	13.20%	5.21%
90 Days	12.53%	10.83%
12 Months	45.48%	25.09%

13 Overlapping Holdings

Symbol	Grade	Weight in QABA	Weight in HAPS	Overlap
BANR	B	1.23%	0.54%	0.54%
CASH	B	0.97%	0.43%	0.43%
EFSC	B	1.08%	0.47%	0.47%
FHB	B	1.7%	0.74%	0.74%
FRME	B	1.24%	0.56%	0.56%
MBIN	F	0.9%	0.15%	0.15%
NEWT	C	0.18%	0.08%	0.08%
OCFC	B	0.58%	0.26%	0.26%
TOWN	B	1.29%	0.49%	0.49%
TRMK	C	1.14%	0.47%	0.47%
VBTX	B	0.78%	0.35%	0.35%
WAFD	B	1.46%	0.62%	0.62%
WSBC	B	1.17%	0.44%	0.44%

QABA Overweight 108 Positions Relative to HAPS

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%
WSFS	B	1.66%
CVBF	A	1.54%
SFNC	C	1.5%
INDB	B	1.49%
FFBC	B	1.35%
PPBI	C	1.3%
TBBK	B	1.29%
SBCF	B	1.23%
TFIN	B	1.15%
NBTB	B	1.14%
SYBT	B	1.07%
CLBK	C	0.95%
FBNC	B	0.94%
CHCO	B	0.94%
LKFN	C	0.92%
NWBI	B	0.91%
SASR	B	0.84%
HOPE	C	0.8%
STBA	B	0.79%
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%
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%
INBK	B	0.17%
WSBF	C	0.15%
FRST	B	0.15%
FLIC	B	0.15%
SBSI	C	0.05%

QABA Underweight 166 Positions Relative to HAPS

Symbol	Grade	Weight
AWI	A	-2.18%
CBT	D	-2.02%
PECO	A	-1.99%
MOG.A	B	-1.91%
ACLX	C	-1.89%
RYTM	C	-1.76%
EAT	A	-1.72%
APLE	B	-1.71%
PTCT	B	-1.63%
LOPE	C	-1.58%
AGIO	C	-1.55%
AVT	C	-1.53%
REZI	A	-1.42%
NUVL	C	-1.39%
HLNE	B	-1.37%
KYMR	D	-1.32%
HRI	C	-1.32%
TNL	A	-1.3%
KBH	D	-1.26%
NSA	C	-1.26%
GVA	A	-1.25%
TEX	F	-1.24%
OGS	A	-1.24%
KOS	D	-1.2%
PIPR	A	-1.17%
MC	C	-1.14%
TPG	A	-1.13%
SR	A	-1.11%
RDN	D	-1.1%
YETI	D	-1.02%
LBRT	D	-1.0%
POWL	C	-0.98%
CPA	D	-0.96%
SGRY	F	-0.95%
IVT	A	-0.94%
NSP	F	-0.9%
BROS	A	-0.9%
NTLA	F	-0.86%
AIN	C	-0.8%
CAKE	C	-0.79%
PSMT	D	-0.78%
LAUR	A	-0.77%
BHF	C	-0.75%
ALTR	B	-0.74%
SXT	C	-0.73%
DK	C	-0.72%
UPWK	B	-0.71%
WD	D	-0.71%
HURN	C	-0.69%
STEP	C	-0.69%
ACIW	B	-0.68%
GSAT	C	-0.66%
TRIP	F	-0.64%
AUR	C	-0.62%
BOX	B	-0.62%
APPF	B	-0.6%
TARS	C	-0.6%
WK	B	-0.57%
CCS	D	-0.57%
BFH	C	-0.57%
KURA	F	-0.56%
ALGT	B	-0.55%
PI	D	-0.55%
JBGS	F	-0.55%
CMPR	D	-0.54%
COLL	F	-0.51%
LGIH	F	-0.51%
MD	C	-0.5%
UPST	B	-0.5%
PLMR	A	-0.5%
BKE	B	-0.49%
IRWD	F	-0.49%
TROX	D	-0.49%
FLYW	B	-0.48%
FORM	D	-0.45%
FROG	C	-0.45%
TDC	D	-0.44%
AESI	B	-0.44%
PRVA	C	-0.43%
ALRM	C	-0.43%
CRAI	C	-0.42%
SCSC	C	-0.41%
NNI	D	-0.4%
IDT	B	-0.4%
SCS	C	-0.39%
WGO	C	-0.39%
MCY	A	-0.38%
PRGS	A	-0.38%
SONO	C	-0.38%
LOB	C	-0.37%
CSTL	D	-0.35%
VERX	A	-0.35%
AMN	F	-0.35%
KFRC	D	-0.35%
RPD	B	-0.34%
CENTA	C	-0.33%
UAA	C	-0.33%
HTH	C	-0.32%
PAR	A	-0.31%
ZETA	D	-0.31%
RYI	C	-0.3%
RGNX	D	-0.29%
DOLE	D	-0.29%
VIAV	C	-0.29%
ENV	B	-0.28%
OXM	F	-0.28%
OPEN	F	-0.27%
EXPI	D	-0.27%
KOP	C	-0.27%
BRZE	C	-0.27%
DOCN	C	-0.26%
EXTR	C	-0.26%
USNA	C	-0.25%
BZH	C	-0.25%
CARG	B	-0.25%
CALX	D	-0.24%
INTA	B	-0.23%
SPT	C	-0.23%
CGEM	F	-0.23%
OBK	C	-0.22%
CSGS	B	-0.21%
VERV	F	-0.21%
SPTN	D	-0.21%
INFN	D	-0.2%
PSCF	B	-0.2%
SDGR	C	-0.19%
FWRG	C	-0.19%
SAGE	F	-0.18%
PRA	C	-0.17%
CARS	C	-0.17%
BY	B	-0.17%
ARLO	C	-0.17%
ASAN	B	-0.17%
LMB	B	-0.17%
ALKT	B	-0.16%
AMCX	C	-0.16%
ATEN	A	-0.15%
CERT	F	-0.15%
AGS	A	-0.14%
FC	F	-0.14%
COUR	F	-0.13%
VSAT	F	-0.12%
UDMY	D	-0.12%
GDYN	B	-0.12%
YEXT	B	-0.12%
HSTM	B	-0.11%
ALTG	C	-0.1%
BASE	B	-0.1%
NABL	F	-0.1%
RGP	F	-0.1%
HVT	D	-0.1%
ZIP	D	-0.09%
MITK	C	-0.09%
CHGG	C	-0.09%
BIGC	B	-0.08%
ENFN	B	-0.08%
HCAT	D	-0.07%
IRBT	F	-0.06%
EB	C	-0.06%
SAVE	F	-0.05%
SEMR	C	-0.04%
HMST	F	-0.04%
GPRO	F	-0.04%
DOMO	B	-0.04%
VRA	C	-0.03%
RMAX	C	-0.03%