MARB vs. QABA ETF Comparison

Comparison of First Trust Merger Arbitrage ETF (MARB) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)

MARB

First Trust Merger Arbitrage ETF

MARB Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.64

Average Daily Volume

25,108

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

$46.77

Average Daily Volume

22,807

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	MARB	QABA
30 Days	-0.68%	2.69%
60 Days	-1.08%	2.32%
90 Days	-0.59%	3.24%
12 Months	1.16%	33.89%

0 Overlapping Holdings

	Symbol	Grade	Weight in MARB	Weight in QABA	Overlap

MARB Overweight 23 Positions Relative to QABA

Symbol	Grade	Weight
PXD	B	5.74%
ACI	D	5.2%
AMED	C	4.66%
AXNX	C	4.02%
X	D	3.54%
ANSS	D	3.49%
HES	B	3.44%
JNPR	D	3.3%
DFS	C	3.25%
CERE	B	3.11%
CTLT	D	3.03%
VZIO	D	2.89%
LBAI	B	2.43%
NS	D	2.43%
NWLI	A	2.1%
SP	C	1.56%
CPRI	F	1.46%
SNPS	D	-2.01%
SUN	D	-2.45%
PFS	B	-2.48%
CVX	B	-3.57%
COF	B	-3.77%
XOM	B	-6.03%

MARB Underweight 123 Positions Relative to QABA

Symbol	Grade	Weight
CBSH	A	-4.53%
WTFC	B	-3.77%
OZK	B	-3.21%
UBSI	D	-2.81%
FFIN	C	-2.68%
HWC	B	-2.5%
UMBF	C	-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	A	-1.73%
FHB	B	-1.72%
WSFS	B	-1.65%
CATY	D	-1.6%
CVBF	C	-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	D	-1.03%
WSBC	C	-1.02%
LKFN	D	-0.98%
CLBK	F	-0.97%
IBTX	C	-0.97%
CHCO	B	-0.96%
BANR	B	-0.95%
EFSC	B	-0.91%
NWBI	C	-0.85%
SYBT	B	-0.84%
CASH	B	-0.81%
FBNC	D	-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	B	-0.59%
RBCAA	B	-0.56%
OCFC	B	-0.56%
SBSI	D	-0.51%
BFC	C	-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	A	-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	C	-0.33%
CCB	B	-0.32%
MSBI	D	-0.31%
HTBK	D	-0.31%
HAFC	B	-0.3%
HONE	B	-0.3%
CCBG	D	-0.29%
FMNB	D	-0.29%
SMBC	D	-0.29%
CAC	B	-0.29%
WASH	B	-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	D	-0.24%
BHRB	F	-0.24%
ESQ	B	-0.24%
HIFS	C	-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	B	-0.18%
NEWT	C	-0.17%
FISI	C	-0.17%
NRIM	B	-0.17%
PFIS	F	-0.17%
BMRC	D	-0.15%
WSBF	B	-0.15%
FRST	D	-0.15%
BLFY	B	-0.14%
FLIC	D	-0.14%
NECB	B	-0.14%
OVLY	C	-0.13%
CZFS	D	-0.12%