QABA vs. PSCI ETF Comparison

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

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

$51.08

Average Daily Volume

32,613

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

PSCI

PowerShares S&P SmallCap Industrials Portfolio

PSCI Description

The PowerShares S&P SmallCap Industrials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Industrials 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 industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. 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

$130.77

Average Daily Volume

5,978

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QABA	PSCI
30 Days	-5.74%	1.18%
60 Days	0.50%	5.17%
90 Days	13.03%	9.52%
12 Months	33.19%	33.55%

0 Overlapping Holdings

	Symbol	Grade	Weight in QABA	Weight in PSCI	Overlap

QABA Overweight 120 Positions Relative to PSCI

Symbol	Grade	Weight
CBSH	D	4.38%
WTFC	C	3.95%
FFIN	D	2.99%
UMBF	C	2.86%
UBSI	D	2.81%
OZK	F	2.66%
HWC	D	2.44%
IBOC	D	2.1%
TFSL	D	2.01%
BANF	D	1.96%
FULT	D	1.85%
TCBI	C	1.83%
FIBK	D	1.78%
CATY	D	1.72%
WSFS	D	1.71%
FHB	D	1.67%
WAFD	D	1.57%
SFNC	C	1.49%
TBBK	C	1.43%
TOWN	D	1.41%
INDB	D	1.41%
CVBF	D	1.4%
PPBI	D	1.35%
FFBC	D	1.33%
SBCF	D	1.28%
FRME	D	1.2%
NBTB	D	1.17%
BANR	C	1.16%
MBIN	D	1.14%
TRMK	D	1.1%
EFSC	D	1.07%
SYBT	C	1.03%
WSBC	D	1.0%
CLBK	F	1.0%
FBNC	D	0.99%
CHCO	D	0.96%
NWBI	D	0.94%
LKFN	D	0.94%
CASH	D	0.92%
STBA	D	0.91%
HOPE	D	0.85%
BUSE	D	0.84%
SASR	C	0.81%
SRCE	D	0.81%
TCBK	D	0.79%
VBTX	C	0.78%
WABC	F	0.73%
QCRH	D	0.7%
GABC	D	0.65%
RBCAA	C	0.62%
DCOM	C	0.62%
PFBC	D	0.6%
PEBO	D	0.6%
OCFC	C	0.58%
SBSI	D	0.56%
CNOB	C	0.54%
AMAL	D	0.53%
BHRB	D	0.53%
FMBH	D	0.52%
BFC	D	0.5%
BRKL	D	0.5%
CTBI	D	0.49%
CFB	D	0.47%
PFC	D	0.47%
UVSP	D	0.46%
FCBC	D	0.44%
CFFN	D	0.43%
HFWA	D	0.42%
OSBC	D	0.4%
IBCP	D	0.39%
MBWM	D	0.39%
ORRF	C	0.38%
HBNC	D	0.38%
EGBN	C	0.38%
GSBC	D	0.38%
CCB	C	0.38%
BFST	C	0.36%
SMBC	D	0.35%
FSBC	C	0.35%
TRST	D	0.35%
CCBG	C	0.34%
HTBI	D	0.34%
HTBK	D	0.34%
CASS	D	0.32%
HONE	D	0.32%
HAFC	D	0.32%
CAC	C	0.32%
NBN	B	0.31%
WASH	D	0.31%
FMNB	D	0.31%
HIFS	D	0.3%
SPFI	D	0.3%
CCNE	D	0.29%
THFF	D	0.29%
ESQ	C	0.29%
MPB	C	0.28%
NFBK	D	0.28%
AROW	D	0.27%
PGC	D	0.27%
BCAL	D	0.26%
SHBI	D	0.26%
MSBI	D	0.26%
KRNY	D	0.25%
MOFG	D	0.25%
BSRR	D	0.24%
RBB	D	0.23%
FFIC	D	0.23%
EBTC	C	0.22%
CARE	C	0.22%
FISI	C	0.22%
TCBX	C	0.21%
BWB	C	0.21%
NRIM	C	0.21%
BMRC	D	0.19%
NECB	B	0.18%
NEWT	D	0.17%
WSBF	D	0.17%
INBK	D	0.17%
FRST	D	0.17%
FLIC	C	0.16%

QABA Underweight 92 Positions Relative to PSCI

Symbol	Grade	Weight
MLI	B	-3.44%
RHI	D	-2.96%
CSWI	B	-2.55%
MOG.A	B	-2.46%
AWI	A	-2.45%
DY	C	-2.43%
AVAV	B	-2.42%
FSS	B	-2.38%
BCC	B	-2.33%
ALK	B	-2.23%
ZWS	A	-2.08%
AL	D	-1.98%
MATX	B	-1.97%
VRRM	D	-1.95%
ACA	C	-1.92%
RUN	D	-1.79%
GTES	C	-1.7%
FELE	B	-1.7%
KFY	C	-1.65%
GMS	D	-1.53%
GVA	B	-1.46%
NPO	C	-1.41%
SKYW	B	-1.4%
BRC	C	-1.4%
RUSHA	C	-1.37%
ESE	B	-1.37%
ABM	D	-1.36%
RXO	D	-1.33%
JBT	B	-1.24%
GFF	B	-1.21%
REZI	F	-1.21%
UNF	B	-1.2%
TRN	C	-1.19%
HUBG	D	-1.18%
AIN	D	-1.14%
ARCB	D	-1.11%
HNI	B	-1.05%
AZZ	C	-1.03%
AIR	D	-1.03%
WERN	D	-0.97%
EPAC	C	-0.96%
ROCK	D	-0.91%
HAYW	B	-0.89%
SXI	B	-0.89%
POWL	A	-0.86%
KMT	C	-0.85%
HI	F	-0.8%
ALG	D	-0.79%
MRCY	C	-0.77%
KAR	D	-0.76%
B	D	-0.76%
TNC	F	-0.75%
VSTS	D	-0.75%
GEO	F	-0.73%
MLKN	F	-0.72%
JBLU	B	-0.72%
MYRG	F	-0.7%
GBX	C	-0.67%
APOG	B	-0.63%
AMWD	C	-0.61%
CXW	F	-0.6%
DNOW	F	-0.58%
LNN	B	-0.57%
SNDR	C	-0.56%
CSGS	C	-0.56%
NX	F	-0.55%
NVEE	F	-0.5%
PBI	C	-0.47%
TILE	B	-0.46%
TGI	F	-0.44%
MRTN	D	-0.42%
NVRI	D	-0.36%
WNC	F	-0.36%
VICR	C	-0.36%
DLX	F	-0.36%
HCSG	D	-0.34%
HSII	B	-0.33%
VVI	C	-0.32%
ASTE	F	-0.31%
PRLB	F	-0.31%
FWRD	D	-0.3%
MATW	F	-0.3%
DXPE	B	-0.29%
KELYA	D	-0.29%
ALGT	D	-0.28%
IIIN	F	-0.26%
LQDT	C	-0.22%
HTLD	F	-0.22%
SNCY	D	-0.18%
TWI	D	-0.17%
HTZ	F	-0.17%
NPK	F	-0.16%