QABA vs. PSCF ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to PowerShares S&P SmallCap Financials Portfolio (PSCF)

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

$54.07

Average Daily Volume

9,793

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

PSCF

PowerShares S&P SmallCap Financials Portfolio

PSCF Description

The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Financials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$55.15

Average Daily Volume

2,356

Number of Holdings ^*

162

* may have additional holdings in another (foreign) market

Performance

Period	QABA	PSCF
30 Days	6.34%	1.80%
60 Days	-0.22%	0.16%
90 Days	6.38%	6.53%
12 Months	36.11%	35.89%

35 Overlapping Holdings

Symbol	Grade	Weight in QABA	Weight in PSCF	Overlap
BANF	B	1.96%	0.6%	0.6%
BANR	A	1.21%	0.61%	0.61%
BRKL	A	0.51%	0.26%	0.26%
CASH	A	0.95%	0.48%	0.48%
CATY	A	1.79%	0.9%	0.9%
CFFN	A	0.48%	0.23%	0.23%
CHCO	A	0.93%	0.47%	0.47%
CVBF	B	1.49%	0.71%	0.71%
DCOM	B	0.65%	0.3%	0.3%
EGBN	A	0.44%	0.23%	0.23%
FBNC	D	0.93%	0.47%	0.47%
FFBC	A	1.32%	0.67%	0.67%
FHB	A	1.67%	0.84%	0.84%
FULT	B	1.76%	0.89%	0.89%
HAFC	A	0.38%	0.19%	0.19%
HFWA	A	0.42%	0.21%	0.21%
HOPE	D	0.84%	0.42%	0.42%
INDB	B	1.45%	0.74%	0.74%
LKFN	B	0.91%	0.46%	0.46%
NBTB	D	1.14%	0.58%	0.58%
NWBI	C	0.92%	0.47%	0.47%
PFBC	B	0.62%	0.29%	0.29%
PPBI	B	1.31%	0.66%	0.66%
SBCF	B	1.26%	0.63%	0.63%
SBSI	D	0.54%	0.26%	0.26%
SFNC	A	1.6%	0.81%	0.81%
STBA	D	0.8%	0.41%	0.41%
TBBK	D	1.46%	0.74%	0.74%
TFIN	B	1.14%	0.54%	0.54%
TRMK	B	1.15%	0.58%	0.58%
TRST	D	0.34%	0.18%	0.18%
VBTX	B	0.81%	0.41%	0.41%
WABC	B	0.75%	0.38%	0.38%
WAFD	D	1.51%	0.76%	0.76%
WSFS	D	1.64%	0.83%	0.83%

QABA Overweight 86 Positions Relative to PSCF

Symbol	Grade	Weight
CBSH	A	4.31%
WTFC	B	4.13%
FFIN	D	2.87%
UMBF	A	2.81%
UBSI	A	2.74%
OZK	B	2.74%
HWC	A	2.43%
IBOC	B	2.09%
TFSL	B	1.97%
TCBI	B	1.96%
FIBK	B	1.82%
TOWN	D	1.34%
FRME	C	1.15%
MBIN	F	1.1%
EFSC	B	1.08%
SYBT	B	1.06%
WSBC	A	0.98%
CLBK	D	0.97%
SASR	A	0.8%
TCBK	C	0.79%
SRCE	C	0.79%
BUSE	D	0.76%
QCRH	B	0.72%
RBCAA	B	0.64%
GABC	A	0.64%
PEBO	B	0.6%
OCFC	A	0.57%
AMAL	B	0.56%
BHRB	C	0.52%
FMBH	D	0.51%
CTBI	B	0.51%
CNOB	D	0.51%
BFC	B	0.5%
PFC	A	0.47%
UVSP	B	0.45%
CCB	A	0.44%
FCBC	D	0.42%
CFB	D	0.42%
ORRF	A	0.4%
BFST	A	0.4%
OSBC	B	0.4%
HBNC	A	0.38%
MBWM	D	0.38%
NBN	A	0.37%
IBCP	D	0.37%
GSBC	C	0.37%
SMBC	B	0.36%
FSBC	B	0.35%
CAC	A	0.33%
MOFG	C	0.33%
HTBI	D	0.32%
HTBK	D	0.32%
WASH	B	0.32%
CCBG	A	0.32%
PGC	A	0.31%
HIFS	B	0.31%
CASS	B	0.31%
ESQ	A	0.3%
SPFI	C	0.3%
CCNE	B	0.29%
NFBK	C	0.28%
HONE	D	0.28%
FMNB	D	0.28%
MPB	B	0.28%
MSBI	A	0.27%
THFF	B	0.27%
AROW	A	0.26%
SHBI	B	0.26%
KRNY	B	0.25%
BCAL	B	0.25%
FFIC	B	0.24%
CARE	B	0.23%
NECB	B	0.22%
EBTC	B	0.22%
TCBX	A	0.22%
RBB	D	0.22%
BWB	C	0.22%
BSRR	D	0.22%
FISI	D	0.21%
NRIM	D	0.2%
NEWT	B	0.19%
BMRC	A	0.19%
FLIC	C	0.16%
FRST	F	0.16%
WSBF	B	0.16%
INBK	C	0.16%

QABA Underweight 127 Positions Relative to PSCF

Symbol	Grade	Weight
CMA	A	-2.31%
JXN	B	-2.07%
EPRT	C	-1.62%
COOP	D	-1.58%
LNC	A	-1.54%
RDN	F	-1.43%
SLG	B	-1.39%
CTRE	A	-1.32%
MC	D	-1.3%
PIPR	B	-1.27%
PECO	B	-1.25%
SFBS	A	-1.18%
AGO	B	-1.16%
ABCB	B	-1.13%
MAC	B	-1.1%
HASI	B	-1.1%
STEP	B	-1.07%
HIW	C	-1.04%
SKT	B	-1.04%
IIPR	C	-1.04%
WD	C	-1.02%
AX	B	-1.0%
BGC	A	-0.97%
UCB	D	-0.93%
PJT	B	-0.93%
AUB	C	-0.92%
APLE	C	-0.92%
BXMT	C	-0.9%
FBP	D	-0.87%
CWK	C	-0.86%
DEI	B	-0.86%
NMIH	D	-0.86%
APAM	A	-0.84%
CBU	A	-0.84%
GNW	D	-0.82%
MPW	D	-0.81%
ABR	B	-0.8%
LXP	D	-0.78%
UE	B	-0.74%
FCPT	D	-0.74%
CNS	B	-0.74%
BKU	C	-0.73%
BOH	A	-0.73%
GSHD	A	-0.72%
OUT	C	-0.71%
VIRT	A	-0.7%
AKR	B	-0.7%
PRK	A	-0.69%
PLMR	D	-0.68%
PFS	B	-0.68%
BFH	C	-0.68%
SNEX	A	-0.66%
ENVA	A	-0.64%
IBTX	B	-0.59%
PAYO	B	-0.59%
BANC	B	-0.59%
RNST	B	-0.59%
SHO	D	-0.58%
EVTC	D	-0.57%
ROIC	B	-0.56%
JOE	F	-0.56%
NATL	D	-0.54%
STC	D	-0.54%
OFG	C	-0.51%
PRG	C	-0.5%
MCY	B	-0.5%
DRH	D	-0.5%
TRUP	A	-0.49%
NBHC	A	-0.48%
FCF	D	-0.48%
DFIN	F	-0.47%
FBK	B	-0.47%
GTY	C	-0.45%
JBGS	C	-0.44%
GNL	D	-0.44%
LTC	A	-0.43%
PEB	F	-0.42%
HMN	A	-0.42%
ELME	D	-0.42%
XHR	C	-0.41%
VRE	D	-0.39%
HTH	D	-0.39%
VRTS	B	-0.39%
UNIT	C	-0.38%
ALEX	C	-0.37%
CUBI	D	-0.37%
DEA	C	-0.37%
AAT	C	-0.36%
KW	C	-0.36%
SPNT	D	-0.36%
WT	B	-0.34%
RC	F	-0.33%
SAFT	D	-0.33%
PMT	D	-0.33%
NAVI	F	-0.33%
EIG	C	-0.33%
BHLB	B	-0.32%
ARI	F	-0.31%
FBRT	B	-0.3%
EXPI	B	-0.3%
CSR	D	-0.3%
ECPG	D	-0.3%
EFC	D	-0.3%
AMSF	A	-0.29%
RWT	D	-0.28%
HCI	B	-0.28%
NXRT	D	-0.27%
MMI	D	-0.26%
BDN	C	-0.26%
TMP	A	-0.22%
CPF	C	-0.22%
AHH	D	-0.21%
PRAA	D	-0.21%
PRA	B	-0.21%
BSIG	A	-0.2%
INN	F	-0.19%
KREF	D	-0.19%
HPP	F	-0.18%
EZPW	B	-0.17%
GDOT	C	-0.17%
SVC	F	-0.17%
WSR	B	-0.17%
UHT	D	-0.15%
AMBC	D	-0.15%
BFS	D	-0.13%
UFCS	F	-0.12%
WRLD	D	-0.11%