QABA vs. RNSC ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to First Trust Small Cap US Equity Select ETF (RNSC)

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

$51.70

Average Daily Volume

31,971

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

RNSC

First Trust Small Cap US Equity Select ETF

RNSC Description

The Small Cap US Equity Select ETF (the "Fund") 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 Riskalyze Small Cap US Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$29.68

Average Daily Volume

1,738

Number of Holdings ^*

304

* may have additional holdings in another (foreign) market

Performance

Period	QABA	RNSC
30 Days	-1.90%	0.89%
60 Days	5.10%	6.41%
90 Days	16.27%	9.21%
12 Months	33.23%	20.48%

39 Overlapping Holdings

Symbol	Grade	Weight in QABA	Weight in RNSC	Overlap
BANF	D	1.94%	0.2%	0.2%
BANR	B	1.15%	0.2%	0.2%
BUSE	D	0.83%	0.18%	0.18%
CASH	C	0.92%	0.2%	0.2%
CATY	B	1.73%	0.19%	0.19%
CHCO	D	0.96%	0.19%	0.19%
CVBF	B	1.39%	0.18%	0.18%
EFSC	D	1.07%	0.21%	0.21%
FBNC	B	0.96%	0.22%	0.22%
FFBC	D	1.35%	0.19%	0.19%
FHB	D	1.65%	0.19%	0.19%
FIBK	C	1.79%	0.19%	0.19%
FRME	D	1.22%	0.19%	0.19%
FULT	D	1.84%	0.18%	0.18%
HOPE	B	0.85%	0.2%	0.2%
IBOC	D	2.08%	0.18%	0.18%
INDB	D	1.4%	0.2%	0.2%
LKFN	D	0.93%	0.18%	0.18%
MBIN	C	1.15%	0.19%	0.19%
NBTB	D	1.17%	0.19%	0.19%
NWBI	D	0.95%	0.2%	0.2%
OCFC	C	0.61%	0.2%	0.2%
PEBO	F	0.6%	0.17%	0.17%
PFBC	D	0.6%	0.18%	0.18%
PPBI	D	1.36%	0.18%	0.18%
SASR	B	0.79%	0.22%	0.22%
SBCF	D	1.27%	0.19%	0.19%
SFNC	B	1.51%	0.21%	0.21%
SRCE	D	0.82%	0.19%	0.19%
STBA	D	0.9%	0.21%	0.21%
SYBT	C	1.02%	0.21%	0.21%
TCBK	D	0.79%	0.18%	0.18%
TOWN	C	1.39%	0.21%	0.21%
TRMK	D	1.09%	0.18%	0.18%
VBTX	C	0.8%	0.21%	0.21%
WABC	F	0.74%	0.17%	0.17%
WAFD	D	1.58%	0.21%	0.21%
WSBC	D	0.99%	0.18%	0.18%
WSFS	D	1.69%	0.18%	0.18%

QABA Overweight 82 Positions Relative to RNSC

Symbol	Grade	Weight
CBSH	D	4.28%
WTFC	B	4.03%
FFIN	D	2.95%
UMBF	C	2.86%
UBSI	D	2.8%
OZK	D	2.73%
HWC	D	2.47%
TFSL	D	2.02%
TCBI	B	1.84%
TBBK	A	1.46%
TFIN	F	1.04%
CLBK	F	1.0%
QCRH	C	0.7%
GABC	D	0.64%
DCOM	B	0.63%
RBCAA	C	0.63%
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	B	0.5%
BRKL	D	0.5%
PFC	D	0.47%
UVSP	B	0.46%
CFB	D	0.46%
FCBC	D	0.44%
CFFN	D	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	C	0.38%
BFST	C	0.37%
GSBC	D	0.37%
SMBC	B	0.36%
TRST	D	0.35%
FSBC	C	0.35%
CAC	C	0.34%
HTBK	D	0.34%
NBN	B	0.34%
HTBI	D	0.33%
CCBG	D	0.33%
CASS	F	0.32%
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	B	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	C	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	C	0.22%
EBTC	C	0.22%
CARE	C	0.22%
NECB	C	0.21%
TCBX	C	0.2%
NEWT	D	0.18%
BMRC	D	0.18%
INBK	D	0.17%
FRST	D	0.17%
WSBF	D	0.16%
FLIC	B	0.16%

QABA Underweight 265 Positions Relative to RNSC

Symbol	Grade	Weight
NHC	D	-2.79%
LMAT	A	-2.64%
CNMD	F	-2.56%
PINC	F	-2.55%
USPH	F	-2.19%
PDCO	F	-2.14%
YOU	C	-2.03%
PRGS	A	-1.43%
CNXN	C	-1.41%
CSGS	B	-1.38%
CTS	B	-1.13%
SSTK	F	-1.08%
XRX	D	-1.06%
VSH	F	-0.98%
FWRD	D	-0.53%
IDCC	A	-0.52%
TDS	C	-0.5%
POWL	B	-0.43%
CABO	F	-0.43%
CSWI	A	-0.4%
PRG	C	-0.4%
CWH	C	-0.4%
SHEN	F	-0.39%
TGLS	B	-0.38%
AESI	B	-0.37%
USLM	C	-0.37%
WHD	A	-0.37%
PATK	A	-0.37%
KNTK	A	-0.37%
CRK	B	-0.36%
GVA	A	-0.36%
BDC	A	-0.35%
CCS	C	-0.35%
VSTS	D	-0.35%
MWA	A	-0.34%
RES	C	-0.34%
LEG	D	-0.34%
PHIN	D	-0.34%
ESE	C	-0.34%
AROC	B	-0.34%
BRC	C	-0.33%
PRIM	A	-0.33%
SHOO	A	-0.33%
LCII	C	-0.33%
SNDR	D	-0.33%
MCRI	B	-0.33%
GHC	A	-0.33%
HNI	B	-0.33%
BKE	B	-0.33%
PSMT	A	-0.32%
UNF	A	-0.32%
TGNA	B	-0.32%
LEVI	C	-0.32%
CDRE	A	-0.32%
CRC	B	-0.32%
SXI	B	-0.32%
TRN	C	-0.32%
LZB	D	-0.32%
GFF	C	-0.31%
GIC	D	-0.31%
CRI	D	-0.31%
KFY	C	-0.31%
ARCH	D	-0.31%
EPAC	A	-0.31%
GEF	B	-0.31%
PZZA	D	-0.31%
CBRL	D	-0.31%
WINA	C	-0.31%
NPO	C	-0.31%
ICFI	C	-0.31%
KMT	C	-0.31%
APOG	B	-0.31%
WERN	D	-0.3%
DNUT	F	-0.3%
HUBG	D	-0.3%
PTVE	D	-0.3%
GDEN	D	-0.3%
CAKE	A	-0.3%
AZZ	B	-0.3%
HL	C	-0.3%
FL	F	-0.3%
JWN	D	-0.3%
REVG	D	-0.3%
WGO	D	-0.3%
SAH	D	-0.3%
HEES	D	-0.3%
ARCB	F	-0.29%
CMCO	D	-0.29%
ABM	D	-0.29%
JBT	B	-0.29%
CRS	B	-0.29%
SCS	D	-0.29%
PRDO	D	-0.29%
TNL	B	-0.29%
AIN	F	-0.29%
ALG	F	-0.29%
TNC	F	-0.28%
HWKN	B	-0.28%
KFRC	F	-0.28%
GES	F	-0.28%
NX	F	-0.28%
TRS	D	-0.28%
RRR	D	-0.28%
LNN	C	-0.28%
EVTC	D	-0.28%
ALGT	D	-0.28%
CAL	F	-0.28%
GBX	C	-0.28%
MRTN	F	-0.27%
MLKN	F	-0.27%
B	A	-0.27%
UNIT	B	-0.27%
HLIO	B	-0.27%
HTLD	F	-0.27%
MATW	F	-0.26%
SMG	C	-0.26%
DK	F	-0.26%
WNC	F	-0.25%
OXM	F	-0.25%
SLVM	C	-0.25%
VAC	D	-0.25%
JACK	F	-0.25%
INSW	B	-0.25%
DAN	D	-0.25%
BLMN	F	-0.25%
KSS	D	-0.25%
STRA	F	-0.24%
VIRT	B	-0.24%
TPG	A	-0.24%
WOR	F	-0.24%
SCHL	F	-0.24%
NSSC	F	-0.23%
LOB	B	-0.23%
BOWL	D	-0.23%
NMRK	C	-0.23%
PFS	D	-0.22%
SXT	C	-0.22%
MGEE	C	-0.22%
CWEN	C	-0.22%
MSEX	C	-0.22%
NWE	C	-0.21%
FCF	D	-0.21%
MCY	B	-0.21%
CBU	D	-0.21%
PIPR	A	-0.21%
CPK	C	-0.21%
BKU	D	-0.21%
MTRN	F	-0.21%
STEP	A	-0.21%
PNM	B	-0.21%
PJT	A	-0.21%
CNO	B	-0.21%
WS	D	-0.2%
FBP	B	-0.2%
CWT	D	-0.2%
EBC	B	-0.2%
HE	F	-0.2%
SR	D	-0.2%
WD	C	-0.2%
BANC	D	-0.2%
VCTR	A	-0.2%
AVA	D	-0.2%
BHLB	D	-0.2%
PRK	D	-0.2%
MPW	C	-0.2%
NWN	D	-0.2%
STC	D	-0.2%
RYI	D	-0.2%
OFG	D	-0.2%
AWR	B	-0.2%
FBK	B	-0.2%
KOP	F	-0.2%
VGR	B	-0.2%
ABR	C	-0.19%
MTX	C	-0.19%
MMI	D	-0.19%
EXPI	C	-0.19%
OUT	C	-0.19%
SAFT	D	-0.19%
IOSP	F	-0.19%
HMN	B	-0.19%
BOH	D	-0.19%
AKR	B	-0.19%
SCL	D	-0.19%
SJW	D	-0.19%
NNI	B	-0.19%
DEI	A	-0.19%
BGC	B	-0.19%
EIG	A	-0.19%
UCBI	B	-0.19%
HI	F	-0.19%
FHI	A	-0.19%
AUB	D	-0.19%
FDP	C	-0.19%
NIC	D	-0.19%
AGM	D	-0.18%
SBRA	C	-0.18%
FCPT	C	-0.18%
PMT	B	-0.18%
SKT	A	-0.18%
UMH	D	-0.18%
CTRE	C	-0.18%
NAVI	D	-0.18%
RNST	D	-0.18%
APAM	B	-0.18%
SLG	C	-0.18%
NBHC	D	-0.18%
LADR	D	-0.18%
CNNE	F	-0.18%
IIPR	C	-0.18%
NHI	C	-0.18%
ROIC	C	-0.18%
HIW	C	-0.18%
HASI	B	-0.17%
ALEX	D	-0.17%
NSA	D	-0.17%
UE	C	-0.17%
IVT	B	-0.17%
KW	C	-0.17%
KALU	D	-0.17%
JBGS	C	-0.17%
GNL	D	-0.17%
ESRT	C	-0.17%
CODI	D	-0.17%
HTH	F	-0.17%
BNL	C	-0.17%
ASB	D	-0.17%
AAT	C	-0.17%
GTY	C	-0.17%
CALM	A	-0.17%
LTC	D	-0.16%
DRH	B	-0.16%
IMKTA	F	-0.16%
PLYM	D	-0.16%
VRTS	D	-0.16%
SPB	C	-0.16%
PGRE	D	-0.16%
JOE	D	-0.16%
WMK	D	-0.16%
DEA	D	-0.16%
MGPI	F	-0.16%
UVV	D	-0.16%
CMTG	F	-0.16%
LXP	D	-0.16%
OEC	F	-0.16%
RC	F	-0.16%
GBDC	B	-0.16%
ARI	F	-0.16%
RLJ	D	-0.15%
HPP	F	-0.15%
ANDE	D	-0.15%
SHO	B	-0.15%
ENR	B	-0.15%
NTST	F	-0.15%
TR	D	-0.15%
DBRG	D	-0.15%
JJSF	C	-0.15%
UTZ	D	-0.15%
KLG	F	-0.15%
XHR	A	-0.15%
ALX	D	-0.15%
SVC	D	-0.14%
PK	D	-0.14%
PEB	D	-0.14%
EPC	F	-0.13%