QABA vs. MGMT ETF Comparison
Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to Ballast Small/Mid Cap ETF (MGMT)
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
$51.56
Average Daily Volume
30,903
121
MGMT
Ballast Small/Mid Cap ETF
MGMT Description
The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.Grade (RS Rating)
Last Trade
$38.36
Average Daily Volume
10,218
43
Performance
Period | QABA | MGMT |
---|---|---|
30 Days | -0.22% | 6.23% |
60 Days | 3.62% | 7.91% |
90 Days | 13.82% | 8.11% |
12 Months | 32.58% | 13.22% |
1 Overlapping Holdings
Symbol | Grade | Weight in QABA | Weight in MGMT | Overlap | |
---|---|---|---|---|---|
CASS | F | 0.32% | 2.33% | 0.32% |
QABA Overweight 120 Positions Relative to MGMT
Symbol | Grade | Weight | |
---|---|---|---|
CBSH | D | 4.28% | |
WTFC | B | 4.03% | |
FFIN | D | 2.95% | |
UMBF | B | 2.86% | |
UBSI | D | 2.8% | |
OZK | D | 2.73% | |
HWC | C | 2.47% | |
IBOC | D | 2.08% | |
TFSL | D | 2.02% | |
BANF | D | 1.94% | |
FULT | D | 1.84% | |
TCBI | B | 1.84% | |
FIBK | D | 1.79% | |
CATY | C | 1.73% | |
WSFS | D | 1.69% | |
FHB | D | 1.65% | |
WAFD | D | 1.58% | |
SFNC | B | 1.51% | |
TBBK | A | 1.46% | |
INDB | D | 1.4% | |
TOWN | C | 1.39% | |
CVBF | B | 1.39% | |
PPBI | D | 1.36% | |
FFBC | D | 1.35% | |
SBCF | D | 1.27% | |
FRME | D | 1.22% | |
NBTB | D | 1.17% | |
BANR | B | 1.15% | |
MBIN | C | 1.15% | |
TRMK | D | 1.09% | |
EFSC | D | 1.07% | |
TFIN | F | 1.04% | |
SYBT | C | 1.02% | |
CLBK | F | 1.0% | |
WSBC | D | 0.99% | |
FBNC | B | 0.96% | |
CHCO | D | 0.96% | |
NWBI | D | 0.95% | |
LKFN | F | 0.93% | |
CASH | C | 0.92% | |
STBA | D | 0.9% | |
HOPE | C | 0.85% | |
BUSE | D | 0.83% | |
SRCE | D | 0.82% | |
VBTX | C | 0.8% | |
TCBK | D | 0.79% | |
SASR | B | 0.79% | |
WABC | F | 0.74% | |
QCRH | C | 0.7% | |
GABC | D | 0.64% | |
DCOM | C | 0.63% | |
RBCAA | C | 0.63% | |
OCFC | C | 0.61% | |
PEBO | D | 0.6% | |
PFBC | C | 0.6% | |
SBSI | D | 0.57% | |
CNOB | B | 0.54% | |
AMAL | B | 0.54% | |
FMBH | D | 0.52% | |
BFC | D | 0.51% | |
BHRB | D | 0.51% | |
CTBI | C | 0.5% | |
BRKL | D | 0.5% | |
PFC | D | 0.47% | |
UVSP | D | 0.46% | |
CFB | D | 0.46% | |
FCBC | D | 0.44% | |
CFFN | F | 0.43% | |
HFWA | D | 0.42% | |
CCB | B | 0.41% | |
ORRF | C | 0.39% | |
IBCP | D | 0.39% | |
OSBC | D | 0.39% | |
MBWM | D | 0.39% | |
HBNC | D | 0.38% | |
EGBN | B | 0.38% | |
BFST | C | 0.37% | |
GSBC | D | 0.37% | |
SMBC | B | 0.36% | |
TRST | D | 0.35% | |
FSBC | D | 0.35% | |
CAC | C | 0.34% | |
HTBK | D | 0.34% | |
NBN | B | 0.34% | |
HTBI | D | 0.33% | |
CCBG | D | 0.33% | |
FMNB | D | 0.32% | |
HONE | D | 0.32% | |
WASH | C | 0.31% | |
SPFI | D | 0.31% | |
HAFC | D | 0.31% | |
HIFS | D | 0.3% | |
ESQ | C | 0.3% | |
THFF | D | 0.29% | |
MPB | C | 0.28% | |
NFBK | D | 0.28% | |
CCNE | D | 0.28% | |
BCAL | F | 0.27% | |
MSBI | F | 0.27% | |
AROW | D | 0.27% | |
PGC | B | 0.27% | |
SHBI | D | 0.26% | |
KRNY | D | 0.25% | |
MOFG | D | 0.25% | |
FFIC | C | 0.24% | |
RBB | C | 0.23% | |
BSRR | D | 0.23% | |
BWB | B | 0.22% | |
NRIM | C | 0.22% | |
FISI | D | 0.22% | |
EBTC | C | 0.22% | |
CARE | C | 0.22% | |
NECB | B | 0.21% | |
TCBX | C | 0.2% | |
NEWT | B | 0.18% | |
BMRC | C | 0.18% | |
INBK | D | 0.17% | |
FRST | D | 0.17% | |
WSBF | D | 0.16% | |
FLIC | B | 0.16% |
QABA Underweight 42 Positions Relative to MGMT
Symbol | Grade | Weight | |
---|---|---|---|
NRP | A | -5.44% | |
AGM | F | -3.55% | |
MTG | C | -3.48% | |
CVCO | C | -3.45% | |
PHIN | D | -3.24% | |
AZZ | B | -3.13% | |
EXP | B | -2.98% | |
BELFB | B | -2.89% | |
IGIC | C | -2.8% | |
CEIX | B | -2.66% | |
CBNK | C | -2.57% | |
PATK | B | -2.46% | |
LII | C | -2.33% | |
LSTR | F | -2.21% | |
TDC | D | -2.21% | |
GEO | C | -2.17% | |
TPB | C | -2.16% | |
BLCO | C | -2.07% | |
BCO | C | -1.96% | |
IMXI | F | -1.9% | |
DOX | B | -1.82% | |
EPR | C | -1.8% | |
BWA | C | -1.67% | |
ECVT | F | -1.65% | |
KOS | F | -1.62% | |
UFPT | D | -1.51% | |
G | A | -1.49% | |
RCMT | C | -1.41% | |
BIOX | F | -1.37% | |
TRIP | F | -1.35% | |
KN | D | -1.34% | |
GSM | D | -1.31% | |
GPRE | F | -1.28% | |
IPGP | C | -1.22% | |
EPSN | A | -1.19% | |
CMPO | B | -1.09% | |
TKR | C | -1.08% | |
CRMT | F | -1.04% | |
EXTR | C | -1.03% | |
IRMD | C | -1.03% | |
NTIC | F | -0.91% | |
RMNI | F | -0.66% |
QABA: Top Represented Industries & Keywords
MGMT: Top Represented Industries & Keywords