QABA vs. DWAS ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS)
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

$62.25

Average Daily Volume

17,975

Number of Holdings *

121

* may have additional holdings in another (foreign) market
DWAS

PowerShares DWA SmallCap Technical Leaders Portfolio

DWAS Description The PowerShares DWA SmallCap Momentum Portfolio (the Fund) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Dorsey Wright SmallCap Technical Leaders™ Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in equity securities of small capitalization companies that comprise the Underlying Index. The Index includes securities pursuant to a Dorsey, Wright & Associates, LLC (Dorsey Wright or the Index Provider) proprietary selection methodology that is designed to identify companies that demonstrate powerful relative strength characteristics. The Index Provider determines a company’s relative strength characteristics based on that company’s market performance. The Index Provider selects approximately 200 companies for inclusion in the Underlying Index from a small-cap universe of approximately 2,000 of the smallest U.S. companies selected from a broader set of 3,000 companies. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA SmallCap Technical Leaders to PowerShares DWA SmallCap Momentum Portfolio.

Grade (RS Rating)

Last Trade

$102.69

Average Daily Volume

31,945

Number of Holdings *

182

* may have additional holdings in another (foreign) market
Performance
Period QABA DWAS
30 Days 14.82% 11.37%
60 Days 16.57% 10.79%
90 Days 15.09% 11.29%
12 Months 48.78% 38.56%
10 Overlapping Holdings
Symbol Grade Weight in QABA Weight in DWAS Overlap
AMAL B 0.54% 0.39% 0.39%
CASH A 0.97% 0.42% 0.42%
CCB A 0.48% 0.5% 0.48%
ESQ A 0.29% 0.41% 0.29%
INBK B 0.17% 0.41% 0.17%
MBIN D 0.9% 0.31% 0.31%
NBN B 0.39% 0.7% 0.39%
NECB B 0.2% 0.45% 0.2%
NRIM A 0.23% 0.41% 0.23%
TBBK B 1.29% 0.37% 0.37%
QABA Overweight 111 Positions Relative to DWAS
Symbol Grade Weight
CBSH A 4.51%
WTFC A 4.24%
UMBF B 2.92%
FFIN B 2.88%
UBSI B 2.79%
OZK B 2.64%
HWC B 2.5%
IBOC A 2.18%
TCBI B 2.0%
BANF B 1.98%
TFSL A 1.97%
FULT A 1.86%
CATY B 1.82%
FIBK A 1.7%
FHB A 1.7%
WSFS A 1.66%
CVBF A 1.54%
SFNC B 1.5%
INDB B 1.49%
WAFD B 1.46%
FFBC A 1.35%
PPBI B 1.3%
TOWN B 1.29%
FRME B 1.24%
SBCF A 1.23%
BANR B 1.23%
WSBC A 1.17%
TFIN A 1.15%
TRMK B 1.14%
NBTB B 1.14%
EFSC B 1.08%
SYBT B 1.07%
CLBK B 0.95%
FBNC A 0.94%
CHCO B 0.94%
LKFN B 0.92%
NWBI B 0.91%
SASR B 0.84%
HOPE B 0.8%
STBA B 0.79%
VBTX B 0.78%
SRCE B 0.78%
TCBK B 0.77%
QCRH A 0.75%
WABC B 0.74%
BUSE B 0.74%
GABC B 0.66%
RBCAA B 0.65%
DCOM A 0.65%
PFBC B 0.62%
PEBO A 0.61%
OCFC B 0.58%
BRKL B 0.55%
CNOB B 0.52%
CTBI B 0.52%
BHRB B 0.51%
BFC B 0.5%
PFC A 0.49%
FMBH B 0.48%
HFWA B 0.44%
CFFN B 0.44%
UVSP B 0.44%
EGBN B 0.42%
OSBC A 0.41%
FCBC B 0.41%
BFST C 0.41%
CFB B 0.41%
IBCP B 0.39%
MBWM B 0.39%
HBNC B 0.39%
ORRF B 0.38%
SMBC B 0.37%
HAFC A 0.37%
GSBC B 0.36%
CAC B 0.34%
TRST A 0.34%
FSBC B 0.34%
MOFG A 0.33%
HTBI B 0.32%
CCBG B 0.32%
HTBK A 0.32%
WASH C 0.32%
MPB B 0.31%
SPFI B 0.31%
PGC C 0.31%
HIFS B 0.3%
CASS B 0.3%
CCNE B 0.29%
THFF B 0.29%
MSBI B 0.28%
FMNB B 0.28%
HONE B 0.28%
NFBK B 0.28%
BCAL B 0.27%
AROW B 0.27%
KRNY B 0.26%
SHBI A 0.26%
FFIC B 0.25%
TCBX A 0.23%
RBB B 0.22%
CARE C 0.22%
BSRR B 0.22%
EBTC B 0.22%
BMRC B 0.21%
BWB B 0.2%
FISI A 0.2%
NEWT B 0.18%
WSBF C 0.15%
FRST B 0.15%
FLIC B 0.15%
SBSI B 0.05%
QABA Underweight 172 Positions Relative to DWAS
Symbol Grade Weight
LMB A -1.64%
STRL B -1.57%
MOD A -1.55%
ADMA B -1.49%
KNTK B -1.18%
COOP B -1.1%
NUVL D -1.02%
AMSC B -0.95%
CRS A -0.92%
SFM A -0.89%
CSWI A -0.88%
UFPT B -0.88%
DFIN D -0.85%
HRTG C -0.82%
BELFB C -0.8%
RNA D -0.79%
CVNA B -0.78%
GRBK D -0.78%
BYRN B -0.74%
USLM A -0.74%
OSCR D -0.7%
CECO A -0.7%
USAP B -0.68%
GPI A -0.66%
VCTR B -0.64%
RXST F -0.61%
RDW B -0.61%
ATI D -0.61%
SKYW B -0.61%
MLI C -0.6%
AMRX C -0.6%
ENVA B -0.59%
PAY B -0.57%
AROC B -0.55%
HWKN B -0.54%
BMI B -0.54%
AGX B -0.53%
COMM D -0.52%
GVA A -0.51%
TPC C -0.51%
TDS B -0.49%
PCT C -0.49%
KRYS B -0.49%
VERX B -0.49%
PIPR B -0.49%
TRAK B -0.48%
IDCC A -0.48%
SKT B -0.48%
PRIM A -0.48%
ALSN B -0.47%
VSEC C -0.47%
CNX A -0.47%
JXN C -0.46%
CRVL A -0.46%
RUSHA C -0.46%
RDNT B -0.46%
CORT B -0.46%
QTWO A -0.45%
KTB B -0.45%
LPX B -0.44%
UTI A -0.44%
FSS B -0.44%
ROAD A -0.44%
AUR C -0.43%
HROW D -0.43%
BSIG A -0.43%
TGTX B -0.43%
PRDO B -0.43%
SKY A -0.43%
APLT B -0.43%
LMAT A -0.42%
SLVM B -0.42%
SNEX B -0.42%
TVTX B -0.42%
OFG B -0.42%
AGYS A -0.42%
APOG B -0.42%
MATX C -0.42%
AVAV D -0.41%
SXI B -0.41%
RYAN B -0.41%
NRIX D -0.41%
ZETA D -0.41%
NGVC A -0.41%
WT B -0.41%
ALKT B -0.41%
MLR B -0.4%
FRPT B -0.4%
AGM C -0.4%
RYTM C -0.4%
PRCT B -0.4%
BBSI B -0.4%
RYAM C -0.4%
GKOS B -0.4%
R B -0.4%
MMSI B -0.4%
SPNT A -0.39%
ACVA B -0.39%
RSI B -0.39%
BDC B -0.39%
MOG.A B -0.39%
HURN B -0.39%
WEAV B -0.39%
CVLT B -0.39%
BGC C -0.39%
NPO A -0.38%
CVCO A -0.38%
OCUL D -0.38%
REVG B -0.38%
SLG B -0.38%
GOLF B -0.38%
INSM C -0.37%
DY D -0.37%
WLDN D -0.37%
PBI B -0.37%
AXSM B -0.37%
VNO B -0.37%
AVAH B -0.37%
MHO D -0.37%
IMNM F -0.37%
DSGR D -0.36%
FBP B -0.36%
SMTC B -0.36%
NMRK B -0.36%
CRNX C -0.36%
KEX C -0.36%
SAVA D -0.35%
MTG C -0.35%
CDMO B -0.35%
BVS D -0.35%
CBT C -0.35%
ALHC C -0.35%
TREE F -0.34%
AQST D -0.34%
GIII D -0.34%
PLCE C -0.34%
CXT B -0.34%
SERA F -0.34%
CDE D -0.34%
AXGN D -0.33%
TPH D -0.33%
SWIM C -0.33%
TWST D -0.33%
PI D -0.33%
PNTG D -0.33%
KYMR D -0.33%
PTGX C -0.32%
GCI D -0.32%
VRNS D -0.32%
PATK D -0.32%
KBH D -0.31%
ICFI F -0.31%
COGT D -0.3%
ALDX D -0.29%
MG D -0.29%
THRD D -0.29%
BOOT D -0.29%
MEC D -0.29%
LSEA D -0.28%
ATRO D -0.28%
DFH D -0.28%
PLUS F -0.28%
BKD D -0.27%
HBB F -0.25%
UWMC D -0.25%
RKT F -0.25%
MAX F -0.24%
TNDM F -0.23%
RDFN D -0.22%
IGMS F -0.19%
PHAT F -0.17%
NOVA F -0.12%
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