QABA vs. ICAP ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to InfraCap Equity Income Fund ETF (ICAP)

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

$46.95

Average Daily Volume

21,443

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

ICAP

InfraCap Equity Income Fund ETF

ICAP Description

The investment seeks to maximize income and pursue total return opportunities. The fund, under normal conditions, will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies that pay dividends during normal market conditions. The fund will invest primarily in securities of U.S. companies, but may invest in foreign securities, including securities of companies located in emerging markets. To obtain high yield and total return, the adviser will favor sectors and industries that it currently views are undervalued on a relative basis.

Grade (RS Rating)

Last Trade

$25.58

Average Daily Volume

10,334

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QABA	ICAP
30 Days	8.54%	8.05%
60 Days	6.86%	6.18%
90 Days	4.70%	10.29%
12 Months	33.02%	20.57%

0 Overlapping Holdings

	Symbol	Grade	Weight in QABA	Weight in ICAP	Overlap

QABA Overweight 123 Positions Relative to ICAP

Symbol	Grade	Weight
CBSH	A	4.43%
WTFC	B	3.74%
OZK	B	3.23%
UBSI	C	2.77%
FFIN	B	2.66%
HWC	B	2.5%
UMBF	B	2.45%
IBOC	A	2.26%
TFSL	C	2.2%
ABCB	B	2.07%
UCBI	C	1.9%
BANF	C	1.83%
FIBK	C	1.75%
TCBI	B	1.74%
FULT	B	1.72%
FHB	B	1.71%
WSFS	B	1.69%
CATY	C	1.63%
CVBF	C	1.45%
SFNC	D	1.36%
PPBI	C	1.35%
FFBC	B	1.34%
INDB	C	1.31%
FRME	B	1.28%
SBCF	C	1.25%
TOWN	C	1.24%
MBIN	C	1.23%
HTLF	B	1.14%
WAFD	C	1.13%
TRMK	B	1.13%
TBBK	D	1.06%
NBTB	C	1.06%
IBTX	F	1.05%
WSBC	C	1.02%
CLBK	F	0.98%
LKFN	C	0.97%
BANR	C	0.97%
CHCO	C	0.94%
EFSC	C	0.9%
NWBI	C	0.85%
SYBT	B	0.84%
CASH	C	0.83%
WABC	C	0.8%
FBNC	D	0.79%
HOPE	C	0.78%
BUSE	B	0.78%
TCBK	C	0.76%
SRCE	B	0.76%
STBA	C	0.73%
VBTX	C	0.68%
PFBC	B	0.67%
PEBO	C	0.65%
SASR	C	0.61%
QCRH	B	0.6%
GABC	C	0.58%
OCFC	C	0.56%
RBCAA	B	0.56%
SBSI	D	0.51%
BFC	B	0.5%
FBMS	C	0.48%
CTBI	B	0.48%
DCOM	C	0.47%
AMAL	C	0.47%
FMBH	B	0.47%
BRKL	F	0.47%
CNOB	C	0.46%
PFC	C	0.45%
CFFN	F	0.41%
HFWA	C	0.4%
FCBC	B	0.4%
UVSP	B	0.4%
OSBC	C	0.39%
CFB	C	0.39%
GSBC	C	0.38%
MBWM	B	0.38%
HBT	B	0.37%
CASS	D	0.37%
EGBN	F	0.36%
CCB	B	0.35%
HBNC	C	0.34%
TRST	C	0.33%
BFST	C	0.33%
IBCP	B	0.32%
MSBI	D	0.31%
HTBK	C	0.31%
HAFC	C	0.3%
HONE	C	0.3%
SMBC	D	0.29%
HTBI	B	0.29%
WASH	C	0.28%
SPFI	C	0.28%
FMNB	D	0.28%
CAC	C	0.28%
CCBG	D	0.28%
THFF	C	0.27%
NBN	B	0.26%
AROW	C	0.25%
NFBK	C	0.25%
ESQ	C	0.25%
PGC	D	0.25%
CCNE	C	0.25%
HIFS	C	0.23%
KRNY	F	0.22%
RBB	B	0.22%
MPB	C	0.22%
FFIC	C	0.22%
SHBI	C	0.22%
BHRB	F	0.22%
BWB	C	0.2%
MOFG	F	0.2%
NEWT	C	0.19%
CARE	D	0.18%
FISI	C	0.17%
NRIM	B	0.17%
BMRC	D	0.16%
FRST	D	0.16%
PFIS	F	0.16%
WSBF	C	0.15%
BLFY	C	0.14%
FLIC	F	0.14%
NECB	B	0.14%
CZFS	F	0.13%
OVLY	C	0.12%

QABA Underweight 64 Positions Relative to ICAP

Symbol	Grade	Weight
MS	A	-6.15%
GS	A	-5.44%
JPM	A	-5.12%
PM	A	-4.58%
BXP	C	-3.72%
CVX	B	-3.35%
DOW	B	-3.31%
MPLX	C	-3.26%
SLMBP	B	-3.19%
SO	A	-3.06%
ET	B	-2.99%
C	A	-2.96%
AQNU	C	-2.92%
BAC	A	-2.88%
JNJ	D	-2.66%
AB	C	-2.32%
KRC	C	-2.31%
KHC	D	-2.28%
MO	A	-2.27%
UGIC	B	-2.24%
AVGO	C	-2.11%
REXR	F	-2.05%
NYMTN	D	-1.99%
BLMN	F	-1.94%
NFE	F	-1.77%
DUK	B	-1.68%
EIX	A	-1.67%
VOD	C	-1.55%
FRT	C	-1.52%
KMI	A	-1.52%
O	C	-1.39%
ADC	B	-1.34%
T	B	-1.31%
UZE	B	-1.26%
IP	B	-1.19%
PEP	B	-1.18%
SPG	C	-1.13%
MCD	F	-1.13%
CCI	C	-1.12%
D	B	-0.97%
ARE	C	-0.91%
GNL	C	-0.9%
NWN	C	-0.78%
AES	B	-0.73%
IBM	D	-0.71%
CFG	A	-0.63%
EMR	C	-0.62%
GLPI	D	-0.59%
AMT	C	-0.57%
VZ	C	-0.54%
KO	A	-0.5%
IRM	B	-0.48%
AXP	A	-0.47%
PG	A	-0.4%
HON	B	-0.38%
EQIX	C	-0.37%
AMGN	B	-0.29%
DLR	C	-0.28%
STLA	D	-0.26%
CSCO	D	-0.25%
MRK	C	-0.25%
EPR	B	-0.08%
UNH	B	-0.04%
WMB	A	-0.01%