FOVL vs. QABA ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$61.04

Average Daily Volume

14,047

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$46.51

Average Daily Volume

22,318

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	QABA
30 Days	-0.93%	3.81%
60 Days	1.20%	1.37%
90 Days	7.36%	3.93%
12 Months	25.80%	27.59%

1 Overlapping Holdings

	Symbol	Grade	Weight in FOVL	Weight in QABA	Overlap
	FHB	B	2.71%	1.72%	1.72%

FOVL Overweight 39 Positions Relative to QABA

Symbol	Grade	Weight
TOL	B	3.51%
PNFP	C	3.25%
IBKR	A	3.24%
BLDR	C	3.23%
FYBR	B	3.09%
SF	A	3.07%
JPM	B	2.94%
WTM	A	2.92%
COF	B	2.92%
WLK	B	2.86%
SNV	C	2.82%
AXS	A	2.74%
ORI	A	2.73%
FNB	A	2.7%
JHG	A	2.68%
WBS	D	2.67%
CNA	B	2.58%
LYB	D	2.42%
KMI	A	2.42%
AMG	D	2.4%
DFS	B	2.4%
PFG	C	2.4%
NUE	D	2.38%
UNM	B	2.38%
T	B	2.37%
CLF	F	2.35%
CUZ	B	2.3%
STT	C	2.29%
HPE	D	2.25%
AN	B	2.25%
LPX	D	2.22%
AGR	B	2.18%
THO	F	2.17%
PNW	B	2.08%
Z	F	1.81%
ALK	B	1.8%
LSXMK	F	1.72%
SNDR	D	1.72%
LLYVK	D	0.67%

FOVL Underweight 122 Positions Relative to QABA

Symbol	Grade	Weight
CBSH	A	-4.53%
WTFC	B	-3.77%
OZK	B	-3.21%
UBSI	C	-2.81%
FFIN	D	-2.68%
HWC	A	-2.5%
UMBF	B	-2.43%
TFSL	B	-2.23%
IBOC	A	-2.22%
ABCB	B	-2.07%
UCBI	B	-1.91%
BANF	B	-1.86%
FIBK	B	-1.78%
TCBI	B	-1.73%
FULT	B	-1.73%
WSFS	B	-1.65%
CATY	D	-1.6%
CVBF	B	-1.46%
SFNC	D	-1.36%
FFBC	B	-1.35%
INDB	C	-1.35%
PPBI	C	-1.33%
FRME	B	-1.27%
SBCF	C	-1.25%
TOWN	B	-1.24%
TRMK	A	-1.15%
WAFD	B	-1.12%
HTLF	A	-1.12%
MBIN	B	-1.12%
NBTB	B	-1.07%
TBBK	F	-1.03%
WSBC	D	-1.02%
LKFN	D	-0.98%
CLBK	F	-0.97%
IBTX	D	-0.97%
CHCO	B	-0.96%
BANR	B	-0.95%
EFSC	C	-0.91%
NWBI	C	-0.85%
SYBT	B	-0.84%
CASH	B	-0.81%
FBNC	F	-0.8%
BUSE	B	-0.79%
WABC	B	-0.79%
HOPE	D	-0.77%
SRCE	B	-0.77%
STBA	B	-0.74%
TCBK	B	-0.74%
VBTX	B	-0.68%
PFBC	A	-0.68%
PEBO	B	-0.66%
GABC	D	-0.59%
QCRH	C	-0.59%
SASR	C	-0.59%
RBCAA	B	-0.56%
OCFC	B	-0.56%
SBSI	D	-0.51%
BFC	D	-0.5%
CTBI	B	-0.48%
FMBH	B	-0.47%
FBMS	D	-0.47%
BRKL	D	-0.47%
AMAL	B	-0.47%
DCOM	C	-0.46%
CNOB	C	-0.45%
PFC	B	-0.45%
CFFN	D	-0.43%
UVSP	B	-0.41%
FCBC	B	-0.4%
HFWA	B	-0.4%
GSBC	B	-0.39%
OSBC	B	-0.39%
MBWM	B	-0.38%
HBT	B	-0.38%
CFB	C	-0.38%
CASS	D	-0.37%
EGBN	F	-0.35%
HBNC	B	-0.34%
TRST	B	-0.33%
IBCP	B	-0.33%
BFST	D	-0.33%
CCB	B	-0.32%
MSBI	D	-0.31%
HTBK	D	-0.31%
HAFC	C	-0.3%
HONE	B	-0.3%
CCBG	D	-0.29%
FMNB	D	-0.29%
SMBC	D	-0.29%
CAC	B	-0.29%
WASH	C	-0.28%
HTBI	B	-0.28%
THFF	B	-0.27%
SPFI	B	-0.27%
NBN	B	-0.26%
AROW	C	-0.25%
PGC	D	-0.25%
CCNE	C	-0.25%
NFBK	F	-0.24%
BHRB	F	-0.24%
ESQ	B	-0.24%
HIFS	B	-0.23%
MPB	B	-0.22%
SHBI	D	-0.22%
KRNY	F	-0.22%
MOFG	D	-0.21%
FFIC	D	-0.21%
RBB	B	-0.21%
BWB	B	-0.2%
CARE	D	-0.18%
NEWT	F	-0.17%
FISI	D	-0.17%
NRIM	B	-0.17%
PFIS	D	-0.17%
BMRC	F	-0.15%
WSBF	B	-0.15%
FRST	D	-0.15%
BLFY	C	-0.14%
FLIC	D	-0.14%
NECB	B	-0.14%
OVLY	F	-0.13%
CZFS	D	-0.12%