QABA

First Trust NASDAQ ABA Community Bank Index Fund
B

59
*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 is different by design. The fund tracks an index of NASDAQ-listed US banks and thrifts, but deliberately excludes the 50 largest such banks from its portfolio, which accounts for its weak Fit to our banking industry benchmark. The result is an ETF that uniquely targets true community banks, avoiding the mega-money centers that tend to dominate this segment (JPMorgan and Wells Fargo, for instance, make up nearly half of our benchmark). Volume is adequate for smaller traders, and spreads are manageable with limit orders. Large block trades can be executed cheaply enough through liquidity providers. QABA's fees are high for its segment, and tracking is often looser than we'd like, raising holding costs even further.

QABA MSCI ESG Analytics Insight

First Trust NASDAQ ABA Community Bank Index Fund has an MSCI ESG Fund Rating of BB based on a score of 3.34 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust NASDAQ ABA Community Bank Index Fund ranks in the 12nd percentile within its peer group and in the 20th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

QABA MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

QABA Charts And Performance

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Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QABA 6.23% 5.04% 14.34% -9.96% 7.67% 8.45% 9.65%
QABA (NAV) 6.61% 3.78% 14.67% -9.12% 7.90% 8.22% 9.70%
NASDAQ OMX ABA Community Bank Index -- -- -- -- -- -- 9.70%
Thomson Reuters US Banks -- -- -- -- -- -- --
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%
$154.06M
$927.09K
0.12%

QABA Portfolio Data

$2.70B
12.93
1.25
1.55%
09/25/19
166

QABA Index Data

Market Cap
NASDAQ - Listed
Thomson Reuters US Banks

QABA Portfolio Management

0.60%
-0.52%
-0.44%
-0.71%

QABA Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

QABA Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

QABA Factset Analytics Block Liquidity

As of 09/19/19
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 5 out of 5.

QABA Tradability

19,715
$927.09K
13,529
$629.62K
0.12%
$0.06
-0.07%
0.23% / -0.28%
None
100.00%
50,000
0.27
0.02%
0.34%
15
$49.07
5

QABA Sector/Industry Breakdown


QABA
Segment Benchmark
98.29%
99.65%
0.30%
--
0.21%
--

QABA Countries


QABA
Segment Benchmark
100.00%
100.00%

QABA Regions


QABA
Segment Benchmark
100.00%
100.00%

QABA Economic Development


QABA
Segment Benchmark
100.00%
100.00%

QABA Performance Statistics

0.82
0.95
0.86
0.95
0.59%
Thomson Reuters US Banks

QABA MSCI ESG Ratings

BB
3.34 / 10
20.19
11.71
--
0.92%
8.12

QABA Benchmark Comparison Holdings

166
152
95
11.14%

QABA Benchmark Comparison Summary


QABA
Segment Benchmark
166
152
$2.70B
$178.75B
12.93
11.04
1.25
1.23
2.44%
2.75%
Low
High

QABA Benchmark Comparison Market Cap Size


QABA
Segment Benchmark
0.00%
81.30%
47.17%
12.25%
44.34%
6.37%
8.49%
0.08%