QABA vs. KRE ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to SPDR S&P Regional Banking ETF (KRE)

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

$44.96

Average Daily Volume

27,334

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

KRE

SPDR S&P Regional Banking ETF

KRE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.47

Average Daily Volume

13,009,039

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	QABA	KRE
30 Days	0.88%	0.48%
60 Days	0.23%	2.06%
90 Days	-7.35%	-6.28%
12 Months	17.85%	21.84%

84 Overlapping Holdings

Symbol	Grade	Weight in QABA	Weight in KRE	Overlap
ABCB	B	2.04%	0.93%	0.93%
AMAL	B	0.43%	0.17%	0.17%
BANF	B	1.88%	0.3%	0.3%
BANR	C	0.98%	0.43%	0.43%
BRKL	F	0.52%	0.23%	0.23%
BUSE	B	0.79%	0.18%	0.18%
CAC	D	0.28%	0.06%	0.06%
CASH	B	0.8%	0.42%	0.42%
CATY	F	1.57%	0.51%	0.51%
CBSH	A	4.42%	1.28%	1.28%
CCB	B	0.34%	0.08%	0.08%
CFB	C	0.38%	0.1%	0.1%
CFFN	F	0.44%	0.24%	0.24%
CHCO	A	0.95%	0.33%	0.33%
CLBK	C	1.09%	0.06%	0.06%
CNOB	F	0.46%	0.16%	0.16%
CTBI	A	0.48%	0.1%	0.1%
CVBF	D	1.47%	0.75%	0.75%
DCOM	B	0.47%	0.22%	0.22%
EFSC	D	0.91%	0.29%	0.29%
EGBN	F	0.41%	0.26%	0.26%
FBMS	C	0.49%	0.16%	0.16%
FBNC	D	0.87%	0.24%	0.24%
FFBC	B	1.33%	0.38%	0.38%
FFIC	F	0.22%	0.1%	0.1%
FFIN	C	2.69%	0.69%	0.69%
FHB	B	1.73%	0.76%	0.76%
FIBK	B	1.7%	0.91%	0.91%
FRME	B	1.27%	0.39%	0.39%
FULT	B	1.56%	0.79%	0.79%
GSBC	A	0.39%	0.08%	0.08%
HAFC	C	0.29%	0.19%	0.19%
HBNC	C	0.33%	0.1%	0.1%
HFWA	C	0.4%	0.17%	0.17%
HONE	C	0.28%	0.07%	0.07%
HOPE	B	0.82%	0.4%	0.4%
HTBK	D	0.31%	0.14%	0.14%
HTLF	A	0.95%	0.34%	0.34%
HWC	A	2.45%	1.06%	1.06%
IBCP	B	0.33%	0.1%	0.1%
IBOC	A	2.16%	0.56%	0.56%
IBTX	F	1.03%	0.46%	0.46%
INDB	C	1.37%	0.68%	0.68%
KRNY	D	0.23%	0.12%	0.12%
LKFN	C	1.01%	0.32%	0.32%
MBWM	C	0.37%	0.12%	0.12%
MSBI	C	0.32%	0.07%	0.07%
NBTB	B	1.05%	0.32%	0.32%
NWBI	D	0.86%	0.41%	0.41%
OCFC	D	0.56%	0.23%	0.23%
OSBC	B	0.4%	0.13%	0.13%
OZK	A	3.22%	2.55%	2.55%
PEBO	A	0.64%	0.17%	0.17%
PFBC	A	0.66%	0.3%	0.3%
PFC	A	0.45%	0.13%	0.13%
PGC	F	0.28%	0.1%	0.1%
PPBI	D	1.34%	0.59%	0.59%
QCRH	B	0.61%	0.13%	0.13%
SASR	D	0.61%	0.23%	0.23%
SBCF	D	1.26%	0.5%	0.5%
SBSI	D	0.53%	0.17%	0.17%
SFNC	D	1.46%	0.45%	0.45%
SRCE	B	0.77%	0.14%	0.14%
STBA	B	0.74%	0.25%	0.25%
SYBT	B	0.83%	0.16%	0.16%
TBBK	D	1.14%	0.86%	0.86%
TCBI	D	1.76%	1.34%	1.34%
TCBK	C	0.72%	0.15%	0.15%
TFSL	D	2.13%	0.2%	0.2%
THFF	B	0.27%	0.08%	0.08%
TOWN	B	1.29%	0.29%	0.29%
TRMK	A	1.04%	0.36%	0.36%
TRST	D	0.33%	0.1%	0.1%
UBSI	D	2.88%	1.09%	1.09%
UCBI	C	1.93%	0.8%	0.8%
UMBF	B	2.52%	0.85%	0.85%
UVSP	B	0.36%	0.11%	0.11%
VBTX	A	0.7%	0.39%	0.39%
WABC	C	0.79%	0.35%	0.35%
WAFD	B	1.14%	0.46%	0.46%
WASH	C	0.28%	0.12%	0.12%
WSBC	D	1.06%	0.26%	0.26%
WSFS	A	1.67%	0.63%	0.63%
WTFC	B	3.79%	1.76%	1.76%

QABA Overweight 39 Positions Relative to KRE

Symbol	Grade	Weight
MBIN	C	1.07%
GABC	C	0.61%
RBCAA	B	0.53%
BFC	D	0.5%
FMBH	B	0.47%
FCBC	B	0.38%
HBT	D	0.37%
CASS	D	0.36%
BFST	B	0.34%
FMNB	D	0.29%
SMBC	D	0.29%
CCBG	D	0.28%
SPFI	B	0.27%
HTBI	B	0.27%
NBN	C	0.26%
BHRB	B	0.25%
CCNE	D	0.25%
ESQ	D	0.24%
AROW	C	0.24%
NFBK	F	0.24%
HIFS	B	0.23%
SHBI	D	0.22%
MOFG	D	0.21%
BWB	B	0.21%
MPB	C	0.21%
RBB	A	0.21%
NEWT	F	0.17%
FRST	D	0.17%
FISI	D	0.17%
PFIS	D	0.17%
BMRC	D	0.16%
NRIM	C	0.16%
CARE	D	0.16%
WSBF	C	0.15%
FLIC	D	0.15%
NECB	C	0.14%
OVLY	D	0.13%
CZFS	F	0.13%
BLFY	D	0.13%

QABA Underweight 55 Positions Relative to KRE

Symbol	Grade	Weight
MTB	A	-2.54%
TFC	A	-2.53%
CFG	A	-2.51%
HBAN	A	-2.5%
FHN	B	-2.48%
ZION	B	-2.44%
RF	B	-2.43%
WBS	D	-2.42%
EWBC	B	-2.42%
WAL	C	-2.42%
NYCB	F	-2.27%
SNV	C	-2.25%
CADE	B	-2.08%
CFR	A	-2.04%
COLB	C	-1.97%
PB	B	-1.86%
PNFP	C	-1.85%
VLY	D	-1.74%
AX	B	-1.67%
SSB	C	-1.58%
ONB	B	-1.57%
BPOP	A	-1.57%
ASB	B	-1.47%
BANC	C	-1.47%
BKU	B	-1.37%
HOMB	B	-1.22%
GBCI	C	-1.22%
FNB	B	-1.2%
BOH	C	-1.03%
FBP	A	-0.98%
CUBI	C	-0.72%
CBU	D	-0.65%
BOKF	A	-0.65%
SFBS	C	-0.54%
EBC	D	-0.5%
AUB	D	-0.49%
HTH	D	-0.49%
PFS	C	-0.47%
OFG	B	-0.38%
RNST	C	-0.35%
FCF	B	-0.33%
LOB	F	-0.33%
PRK	A	-0.3%
NBHC	C	-0.28%
FBK	A	-0.26%
FFWM	D	-0.25%
MCB	B	-0.25%
BHLB	B	-0.23%
TMP	D	-0.16%
NIC	B	-0.14%
OBK	B	-0.14%
CPF	A	-0.14%
LBAI	C	-0.14%
BY	B	-0.11%
AMTB	B	-0.09%