QABA First Trust NASDAQ ABA Community Bank Index Fund

*Unless otherwise stated, data provided by FactSet.

QABA Fund Description

QABA tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest.

QABA Factset Analytics Insight

QABA tracks an index of NASDAQ-listed US banks and thrifts while deliberately excluding the 50 largest based on asset size, according to Federal Deposit Insurance Corporation (FDIC) reports. QABA also excludes banks with an international specialization (assets greater than USD 10 billion and more than 25% of total assets in non-US offices) and banks with a credit card specialization (i.e. banks with credit card loans plus securitized receivables in excess of 50% of total assets plus securitized receivables). The result is an ETF that uniquely targets true community banks, avoiding the mega-money centers that tend to dominate this segment. The index is market-cap-weighted and undergoes quarterly rebalance and semi-annual reconstitution, subject to certain caps. The maximum weight of an issuer is capped at 25% and issuers weighting more than 5% in aggregate should not exceed 50% of the entire portfolio.

PERFORMANCE [as of 09/27/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QABA -5.99% 0.55% -12.98% -8.93% 4.27% 1.49% 8.75%
QABA (NAV) -6.07% 0.56% -12.89% -8.82% 4.23% 1.50% 8.77%
MSCI USA IMI / Regional Banks -SUB -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QABA Summary Data

First Trust
06/29/09
Open-Ended Fund
0.60%
$87.76M
$401.63K
0.11%

QABA Portfolio Data

$2.96B
12.07
1.28
1.68%
N/A
173

QABA Index Data

Market Cap
NASDAQ - Listed
MSCI USA IMI / Regional Banks -SUB

QABA Portfolio Management

0.60%
-0.65%
-0.50%
-1.33%

QABA Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

QABA Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

QABA Factset Analytics Block Liquidity

As of 09/28/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of QABA. QABA is rated a 4 out of 5.

QABA Tradability

7,533
$401.63K
5,577
$311.01K
0.11%
$0.06
-0.03%
0.58% / -2.95%
None
100.00%
50,000
0.11
0.02%
0.43%
16
$50.86
4

QABA Sector/Industry Breakdown


QABA
Segment Benchmark
99.23%
--
0.57%
--
0.20%
--

QABA Countries


QABA
Segment Benchmark
100.00%
--

QABA Regions


QABA
Segment Benchmark
100.00%
--

QABA Economic Development


QABA
Segment Benchmark
100.00%
--
0.00%
--

QABA Performance Statistics

--
--
--
--
--
MSCI USA IMI / Regional Banks -SUB

QABA Benchmark Comparison Holdings

173
--
--
--

QABA Benchmark Comparison Summary


QABA
Segment Benchmark
173
--
$2.96B
--
12.07
--
1.28
--
2.52%
--
Low
--

QABA Benchmark Comparison Market Cap Size


QABA
Segment Benchmark
0.00%
--
48.99%
--
39.10%
--
11.70%
--