QABA vs. SMLL ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to Harbor Active Small Cap ETF (SMLL)

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

$60.99

Average Daily Volume

15,691

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

SMLL

Harbor Active Small Cap ETF

SMLL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Russell 2000® Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of approximately 2,000 small-cap companies in the Russell 3000® Index, based on a combination of their market capitalization and current index membership. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.04

Average Daily Volume

3,453

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QABA	SMLL
30 Days	11.49%	6.73%
60 Days	11.08%	12.05%
90 Days	16.26%
12 Months	43.33%

1 Overlapping Holdings

	Symbol	Grade	Weight in QABA	Weight in SMLL	Overlap
	WTFC	B	4.24%	3.01%	3.01%

QABA Overweight 120 Positions Relative to SMLL

Symbol	Grade	Weight
CBSH	B	4.51%
UMBF	B	2.92%
FFIN	B	2.88%
UBSI	B	2.79%
OZK	B	2.64%
HWC	B	2.5%
IBOC	B	2.18%
TCBI	B	2.0%
BANF	B	1.98%
TFSL	B	1.97%
FULT	B	1.86%
CATY	B	1.82%
FIBK	A	1.7%
FHB	B	1.7%
WSFS	B	1.66%
CVBF	A	1.54%
SFNC	B	1.5%
INDB	B	1.49%
WAFD	B	1.46%
FFBC	B	1.35%
PPBI	B	1.3%
TOWN	B	1.29%
TBBK	B	1.29%
FRME	B	1.24%
SBCF	B	1.23%
BANR	B	1.23%
WSBC	B	1.17%
TFIN	B	1.15%
TRMK	B	1.14%
NBTB	B	1.14%
EFSC	B	1.08%
SYBT	B	1.07%
CASH	B	0.97%
CLBK	C	0.95%
FBNC	B	0.94%
CHCO	B	0.94%
LKFN	B	0.92%
NWBI	B	0.91%
MBIN	F	0.9%
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	B	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	B	0.61%
OCFC	B	0.58%
BRKL	B	0.55%
AMAL	B	0.54%
CNOB	B	0.52%
CTBI	B	0.52%
BHRB	B	0.51%
BFC	B	0.5%
PFC	B	0.49%
CCB	A	0.48%
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	B	0.41%
CFB	B	0.41%
IBCP	B	0.39%
MBWM	B	0.39%
NBN	B	0.39%
HBNC	B	0.39%
ORRF	B	0.38%
SMBC	B	0.37%
HAFC	B	0.37%
GSBC	B	0.36%
CAC	B	0.34%
TRST	B	0.34%
FSBC	B	0.34%
MOFG	B	0.33%
HTBI	B	0.32%
CCBG	B	0.32%
HTBK	B	0.32%
WASH	B	0.32%
MPB	B	0.31%
SPFI	B	0.31%
PGC	A	0.31%
HIFS	B	0.3%
CASS	B	0.3%
CCNE	B	0.29%
THFF	B	0.29%
ESQ	B	0.29%
MSBI	B	0.28%
FMNB	B	0.28%
HONE	B	0.28%
NFBK	B	0.28%
BCAL	A	0.27%
AROW	B	0.27%
KRNY	B	0.26%
SHBI	B	0.26%
FFIC	B	0.25%
NRIM	A	0.23%
TCBX	A	0.23%
RBB	B	0.22%
CARE	B	0.22%
BSRR	C	0.22%
EBTC	B	0.22%
BMRC	B	0.21%
NECB	B	0.2%
BWB	B	0.2%
FISI	B	0.2%
NEWT	B	0.18%
INBK	B	0.17%
WSBF	B	0.15%
FRST	B	0.15%
FLIC	B	0.15%
SBSI	B	0.05%

QABA Underweight 39 Positions Relative to SMLL

Symbol	Grade	Weight
LBRT	F	-6.17%
KNSL	B	-4.97%
SSNC	C	-4.74%
JBI	F	-4.68%
DOCS	C	-3.71%
PCTY	B	-3.66%
RS	B	-3.43%
ZG	A	-3.13%
FOUR	A	-3.08%
LYFT	C	-2.71%
FRSH	C	-2.63%
APAM	B	-2.61%
RLJ	C	-2.42%
ATR	B	-2.37%
WRBY	A	-2.04%
OSCR	D	-1.95%
LSTR	D	-1.85%
PLOW	F	-1.79%
USPH	B	-1.77%
HAYW	B	-1.76%
PECO	B	-1.56%
MC	B	-1.51%
MCRI	A	-1.51%
MORN	B	-1.49%
SAM	C	-1.32%
NNN	C	-1.3%
CHWY	B	-1.26%
QTWO	A	-1.26%
WSC	F	-1.2%
NWE	C	-1.09%
RBC	A	-1.08%
BECN	B	-1.08%
FBIN	D	-1.07%
RL	C	-1.06%
EWCZ	F	-1.01%
TRUE	C	-0.95%
TMCI	C	-0.91%
CMS	C	-0.88%
REYN	D	-0.74%