QABA vs. VFMV ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to Vanguard U.S. Minimum Volatility ETF (VFMV)

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

$54.06

Average Daily Volume

32,433

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$120.71

Average Daily Volume

6,522

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

Performance

Period	QABA	VFMV
30 Days	3.92%	0.89%
60 Days	2.62%	4.09%
90 Days	22.67%	6.30%
12 Months	36.70%	24.21%

3 Overlapping Holdings

Symbol	Grade	Weight in QABA	Weight in VFMV	Overlap
CASS	D	0.32%	0.32%	0.32%
CLBK	C	1.02%	0.1%	0.1%
THFF	B	0.29%	0.42%	0.29%

QABA Overweight 117 Positions Relative to VFMV

Symbol	Grade	Weight
CBSH	C	4.54%
WTFC	B	3.65%
FFIN	B	2.94%
UMBF	B	2.86%
UBSI	B	2.83%
OZK	D	2.61%
HWC	D	2.43%
IBOC	C	2.15%
TFSL	C	2.1%
BANF	B	1.97%
TCBI	B	1.83%
FULT	C	1.82%
FIBK	B	1.76%
WSFS	C	1.76%
CATY	B	1.73%
FHB	C	1.67%
WAFD	B	1.63%
SFNC	B	1.48%
INDB	C	1.45%
TOWN	B	1.43%
TBBK	B	1.42%
CVBF	C	1.38%
FFBC	C	1.35%
PPBI	D	1.3%
SBCF	C	1.29%
FRME	C	1.21%
NBTB	D	1.2%
MBIN	C	1.12%
BANR	B	1.11%
TRMK	C	1.1%
EFSC	B	1.08%
WSBC	D	1.03%
SYBT	B	0.99%
CHCO	B	0.98%
FBNC	B	0.98%
NWBI	C	0.96%
CASH	B	0.95%
LKFN	C	0.94%
STBA	B	0.91%
HOPE	B	0.84%
BUSE	C	0.84%
SASR	B	0.82%
SRCE	C	0.82%
TCBK	C	0.8%
VBTX	B	0.76%
WABC	D	0.75%
QCRH	B	0.71%
GABC	C	0.66%
RBCAA	B	0.62%
PEBO	C	0.61%
PFBC	C	0.6%
OCFC	B	0.58%
SBSI	B	0.57%
DCOM	B	0.56%
BHRB	C	0.55%
CNOB	B	0.54%
AMAL	B	0.53%
FMBH	B	0.53%
BFC	B	0.51%
CTBI	B	0.5%
BRKL	C	0.5%
CFB	C	0.49%
PFC	C	0.49%
UVSP	B	0.46%
CFFN	C	0.44%
FCBC	B	0.44%
HFWA	C	0.43%
OSBC	C	0.42%
IBCP	B	0.4%
MBWM	C	0.4%
ORRF	B	0.39%
HBNC	B	0.39%
GSBC	C	0.38%
CCB	C	0.38%
BFST	B	0.37%
SMBC	C	0.36%
TRST	C	0.36%
EGBN	C	0.36%
FSBC	B	0.35%
HTBK	C	0.34%
HTBI	B	0.34%
CCBG	B	0.33%
CAC	C	0.32%
HONE	C	0.32%
HAFC	C	0.32%
FMNB	B	0.32%
SPFI	B	0.31%
NBN	C	0.31%
HIFS	B	0.3%
WASH	B	0.3%
CCNE	C	0.29%
ESQ	B	0.29%
NFBK	C	0.29%
MPB	B	0.28%
AROW	C	0.27%
MSBI	D	0.27%
SHBI	B	0.26%
PGC	C	0.26%
MOFG	B	0.25%
KRNY	C	0.24%
RBB	B	0.24%
BSRR	B	0.24%
FFIC	C	0.23%
CARE	B	0.23%
EBTC	B	0.22%
FISI	B	0.22%
NRIM	B	0.21%
BWB	B	0.21%
TCBX	B	0.2%
BMRC	C	0.19%
NECB	B	0.18%
INBK	C	0.17%
WSBF	B	0.17%
NEWT	D	0.16%
FRST	D	0.16%
FLIC	B	0.16%
BCAL	D	0.15%

QABA Underweight 143 Positions Relative to VFMV

Symbol	Grade	Weight
CVLT	B	-1.63%
NTAP	D	-1.57%
TJX	C	-1.56%
TMUS	C	-1.56%
TXN	C	-1.54%
ROP	C	-1.5%
MCK	F	-1.5%
PGR	A	-1.49%
VECO	F	-1.49%
EA	D	-1.48%
WMT	B	-1.47%
WM	D	-1.46%
CSCO	B	-1.46%
JNJ	B	-1.46%
PG	C	-1.45%
LMT	C	-1.44%
GD	B	-1.43%
MUSA	C	-1.43%
XOM	D	-1.42%
ADI	D	-1.42%
KEX	C	-1.4%
RSG	D	-1.39%
MRK	D	-1.39%
IDT	C	-1.35%
ABBV	C	-1.34%
ORLY	B	-1.33%
DUK	C	-1.31%
IBM	B	-1.31%
CHD	C	-1.28%
REGN	C	-1.27%
NOC	B	-1.27%
MCD	C	-1.24%
FCN	C	-1.21%
VZ	B	-1.2%
CME	C	-1.19%
IDCC	B	-1.14%
CBOE	C	-1.13%
DLB	D	-1.06%
LRN	B	-1.05%
CL	C	-1.05%
DOX	C	-1.03%
GIS	B	-0.98%
WMB	B	-0.97%
HSTM	C	-0.97%
MGEE	B	-0.96%
LLY	C	-0.92%
GILD	B	-0.89%
GOOGL	D	-0.87%
CRUS	D	-0.86%
SAFT	C	-0.86%
GPOR	C	-0.85%
UNH	C	-0.85%
INST	D	-0.83%
NSIT	C	-0.83%
CHE	C	-0.81%
LAUR	B	-0.79%
NABL	D	-0.78%
BLKB	B	-0.78%
CVX	D	-0.77%
CAH	C	-0.75%
WTM	F	-0.75%
HPQ	D	-0.72%
AVGO	C	-0.71%
GOOG	D	-0.7%
OSIS	C	-0.7%
QCOM	D	-0.69%
AMGN	B	-0.64%
AAPL	D	-0.64%
YELP	F	-0.63%
MCS	B	-0.61%
META	A	-0.6%
INSW	D	-0.55%
MATX	C	-0.54%
PBH	B	-0.52%
ED	C	-0.51%
T	B	-0.51%
NEU	D	-0.49%
FLO	C	-0.47%
KO	B	-0.46%
MSFT	C	-0.45%
FANG	D	-0.45%
HSY	C	-0.45%
V	B	-0.44%
AJG	C	-0.43%
TRV	B	-0.43%
AZO	D	-0.42%
K	A	-0.4%
WEC	B	-0.39%
MDLZ	B	-0.39%
RLI	B	-0.36%
NVEC	D	-0.35%
OLLI	C	-0.34%
AMSF	C	-0.34%
JBSS	D	-0.33%
RTX	C	-0.33%
BMY	C	-0.31%
ROL	C	-0.29%
LDOS	C	-0.29%
BRK.A	C	-0.29%
IMMR	D	-0.28%
MO	C	-0.28%
MTSI	D	-0.26%
LOPE	D	-0.25%
KMI	A	-0.24%
EBF	B	-0.24%
EQC	B	-0.24%
ACN	C	-0.23%
EXEL	B	-0.23%
JJSF	C	-0.23%
OLED	C	-0.19%
SPOK	C	-0.19%
DECK	C	-0.19%
SPNS	D	-0.17%
QNST	B	-0.15%
PSX	D	-0.14%
AMAT	D	-0.13%
DGICA	B	-0.12%
TNK	D	-0.12%
AMZN	C	-0.11%
DJCO	B	-0.1%
DTM	B	-0.1%
KLAC	D	-0.09%
CNXN	B	-0.08%
CB	B	-0.08%
LRCX	F	-0.08%
KMB	D	-0.07%
GLRE	B	-0.06%
PEP	C	-0.06%
LANC	D	-0.06%
REYN	C	-0.06%
UNM	B	-0.06%
ATR	B	-0.05%
SFL	D	-0.05%
EIG	B	-0.04%
DTE	B	-0.04%
MU	F	-0.04%
AKAM	D	-0.04%
VRTX	D	-0.04%
NBIX	F	-0.04%
CNA	C	-0.04%
SPOT	B	-0.03%
CMS	A	-0.03%
MSI	C	-0.03%