QABA
First Trust NASDAQ ABA Community Bank Index Fund
First Trust NASDAQ ABA Community Bank Index Fund seeks investment results that correspond generally to the price and yield of the ABA Community Bank Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 75.8 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Jun 29, 2009 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| WINTRUST FINANCIAL CORP | 4.6 % |
| COMMERCE BANCSHARES INC | 3.5 % |
| UNITED BANKSHARES INC | 2.7 % |
| HANCOCK HOLDING CO | 2.5 % |
| BANK OZK | 2.5 % |
| EASTERN BANKSHARES, INC. | 2.1 % |
| FIRST FINL BANKSHARES INC | 2.1 % |
| INTERNATIONAL BANCSHARES CRP | 2.1 % |
| TFS FINANCIAL CORP | 2.0 % |
| TEXAS CAPITAL BANCSHARES INC | 2.0 % |
Constituent Breakdown
| Number of holdings | 148 |
| Herfindahl-Hirschman Index | 141 |
| Wgt avg mkt cap (mns) | $2,731 |
| Large cap (>$10bn) | 53.6% |
| Mid cap ($2-10bn) | 43.9% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 99.3 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.8% | 22.0% | 18.4% | 15.4% | 1.4% | 4.8% | -- | 6.9% |
| Dividend Yield | 0.6% | 3.2% | 3.1% | 3.2% | 2.6% | 2.4% | -- | 2.1% |
| Total Returns | 9.5% | 25.1% | 21.6% | 18.6% | 4.0% | 7.1% | -- | 9.0% | Ann. Volatility | 23.4% | 22.9% | 26.5% | 27.7% | 26.6% | 28.7% | -- | 26.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.97 | 28% |
| MSCI EAFE | 0.65 | 17% |
| MSCI Emg Mkts | 0.37 | 9% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.19% |
Technical Indicators
| 30d moving avg. (EMA) | $60.95 |
| Relative strength (RSI) | 48 |
| MACD/Signal | 0.05/0.38 |
| Bollinger Bands (Upper/Lower) | $63.11/$60.01 |
| Short interest (% of AUM) | 1.4% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. QABA |
Expenses vs. QABA |
ALTAR Score™ vs. QABA |
|---|---|---|---|---|
| KRE | State Street SPDR S&P Regional Banking ETF | 40.9% | -25 bp | +0.7% |
| KBWR | Invesco KBW Regional Banking ETF | 36.5% | -25 bp | +0.1% |
| KBE | State Street SPDR S&P Bank ETF | 31.3% | -25 bp | +1.1% |
| PSCF | Invesco S&P SmallCap Financials ETF | 15.8% | -31 bp | +0.7% |
| SMLV | State Street SPDR US Small Cap Low Volatility Index ETF | 15.7% | -48 bp | -4.9% |
| BSVO | EA Bridgeway Omni Small-Cap Value ETF | 14.9% | -13 bp | -0.5% |
| SMDV | ProShares Russell 2000 Dividend Growers ETF | 14.1% | -20 bp | -1.1% |
| DES | WisdomTree U.S. SmallCap Dividend Fund | 13.4% | -22 bp | -0.1% |
| XSVM | Invesco S&P SmallCap Value with Momentum ETF | 11.6% | -24 bp | +0.0% |
| DGRS | WisdomTree US Smallcap Quality Dividend Growth Fund | 11.6% | -22 bp | +1.2% |
Risk and Returns: QABA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/20/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
8.6%
ALTAR SCORE™
94th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,346 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. QABA's ALTAR Score™ is approximately 1.5 standard
deviations above the category average. This places QABA in the 94th percentile
among funds in the category.
Sell-Side Consensus
$68.6
PRICE TARGET
+13.1%
UPSIDE