QABA vs. XSHQ ETF Comparison

Comparison of First Trust NASDAQ ABA Community Bank Index Fund (QABA) to PowerShares S&P SmallCap Quality Portfolio (XSHQ)

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

$44.82

Average Daily Volume

23,222

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

XSHQ

PowerShares S&P SmallCap Quality Portfolio

XSHQ Description

The PowerShares S&P SmallCap Quality Portfolio (the "Fund") is based on the S&P SmallCap 600 Quality Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 120 securities in the S&P SmallCap 600 Index that have the highest quality score, which is calculated based on the average of three fundamental measures: return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.

Grade (RS Rating)

Last Trade

$39.06

Average Daily Volume

41,314

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	QABA	XSHQ
30 Days	-1.92%	-4.29%
60 Days	0.46%	-3.41%
90 Days	-2.31%	-0.95%
12 Months	24.15%	22.86%

8 Overlapping Holdings

Symbol	Grade	Weight in QABA	Weight in XSHQ	Overlap
BANF	A	1.88%	0.48%	0.48%
CASH	B	0.8%	0.55%	0.55%
CATY	F	1.57%	0.88%	0.88%
CHCO	A	0.95%	0.56%	0.56%
LKFN	C	1.01%	0.55%	0.55%
PFBC	A	0.66%	0.42%	0.42%
TBBK	F	1.14%	0.8%	0.8%
WABC	A	0.79%	0.58%	0.58%

QABA Overweight 115 Positions Relative to XSHQ

Symbol	Grade	Weight
CBSH	A	4.42%
WTFC	C	3.79%
OZK	A	3.22%
UBSI	D	2.88%
FFIN	D	2.69%
UMBF	B	2.52%
HWC	A	2.45%
IBOC	A	2.16%
TFSL	B	2.13%
ABCB	A	2.04%
UCBI	B	1.93%
TCBI	D	1.76%
FHB	A	1.73%
FIBK	A	1.7%
WSFS	A	1.67%
FULT	A	1.56%
CVBF	D	1.47%
SFNC	D	1.46%
INDB	B	1.37%
PPBI	D	1.34%
FFBC	A	1.33%
TOWN	B	1.29%
FRME	A	1.27%
SBCF	D	1.26%
WAFD	D	1.14%
CLBK	F	1.09%
MBIN	B	1.07%
WSBC	D	1.06%
NBTB	A	1.05%
TRMK	A	1.04%
IBTX	F	1.03%
BANR	D	0.98%
HTLF	A	0.95%
EFSC	D	0.91%
FBNC	D	0.87%
NWBI	D	0.86%
SYBT	A	0.83%
HOPE	D	0.82%
BUSE	B	0.79%
SRCE	B	0.77%
STBA	B	0.74%
TCBK	A	0.72%
VBTX	B	0.7%
PEBO	A	0.64%
QCRH	D	0.61%
GABC	C	0.61%
SASR	D	0.61%
OCFC	F	0.56%
SBSI	D	0.53%
RBCAA	A	0.53%
BRKL	F	0.52%
BFC	D	0.5%
FBMS	F	0.49%
CTBI	A	0.48%
FMBH	A	0.47%
DCOM	B	0.47%
CNOB	F	0.46%
PFC	A	0.45%
CFFN	D	0.44%
AMAL	A	0.43%
EGBN	F	0.41%
OSBC	B	0.4%
HFWA	C	0.4%
GSBC	B	0.39%
FCBC	A	0.38%
CFB	C	0.38%
MBWM	B	0.37%
HBT	C	0.37%
CASS	C	0.36%
UVSP	A	0.36%
CCB	B	0.34%
BFST	D	0.34%
IBCP	A	0.33%
TRST	C	0.33%
HBNC	B	0.33%
MSBI	D	0.32%
HTBK	D	0.31%
HAFC	B	0.29%
FMNB	D	0.29%
SMBC	F	0.29%
PGC	F	0.28%
CAC	C	0.28%
WASH	B	0.28%
HONE	A	0.28%
CCBG	D	0.28%
SPFI	B	0.27%
THFF	D	0.27%
HTBI	B	0.27%
NBN	B	0.26%
BHRB	D	0.25%
CCNE	D	0.25%
ESQ	C	0.24%
AROW	C	0.24%
NFBK	D	0.24%
HIFS	B	0.23%
KRNY	F	0.23%
SHBI	D	0.22%
FFIC	F	0.22%
MOFG	D	0.21%
BWB	B	0.21%
MPB	B	0.21%
RBB	A	0.21%
NEWT	F	0.17%
FRST	F	0.17%
FISI	D	0.17%
PFIS	D	0.17%
BMRC	F	0.16%
NRIM	B	0.16%
CARE	C	0.16%
WSBF	B	0.15%
FLIC	F	0.15%
NECB	A	0.14%
OVLY	B	0.13%
CZFS	F	0.13%
BLFY	D	0.13%

QABA Underweight 106 Positions Relative to XSHQ

Symbol	Grade	Weight
MLI	A	-2.69%
SM	B	-2.4%
BMI	A	-2.24%
IBP	B	-2.2%
AMR	D	-2.1%
APAM	D	-2.08%
AAON	A	-2.03%
ABG	D	-1.94%
ASO	F	-1.75%
WIRE	A	-1.73%
HI	F	-1.69%
RDN	C	-1.67%
WDFC	D	-1.6%
LBRT	B	-1.59%
CEIX	F	-1.59%
SIG	D	-1.57%
HP	D	-1.55%
HCC	A	-1.51%
CRC	D	-1.4%
KTB	A	-1.34%
GMS	C	-1.34%
PTEN	F	-1.29%
SANM	C	-1.29%
OTTR	A	-1.28%
ACA	D	-1.27%
FBP	A	-1.26%
SHOO	D	-1.24%
NPO	D	-1.23%
JBT	F	-1.23%
PARR	F	-1.21%
FTDR	F	-1.18%
DIOD	B	-1.1%
SLVM	A	-1.1%
BRC	A	-1.08%
WOR	D	-1.07%
CRVL	C	-1.05%
MHO	D	-1.03%
IOSP	C	-1.02%
CALM	D	-1.02%
KLIC	F	-1.01%
IDCC	D	-1.0%
CCOI	D	-0.99%
NMIH	A	-0.99%
AMN	D	-0.99%
CARG	D	-0.96%
EXTR	F	-0.92%
AX	A	-0.9%
SXI	B	-0.85%
EVTC	D	-0.84%
BLMN	D	-0.8%
PRGS	F	-0.76%
CPRX	C	-0.75%
PLMR	B	-0.73%
IPAR	F	-0.72%
PLAB	D	-0.72%
EPAC	A	-0.69%
ODP	D	-0.65%
DFIN	B	-0.63%
PRG	B	-0.62%
OFG	A	-0.6%
CVI	F	-0.6%
NATL	B	-0.59%
BKE	D	-0.58%
FIZZ	F	-0.55%
WNC	F	-0.54%
HWKN	A	-0.53%
APOG	A	-0.52%
VRTS	D	-0.52%
CAL	D	-0.51%
SLCA	A	-0.5%
LPG	B	-0.5%
LGND	C	-0.48%
CSGS	F	-0.48%
AMWD	C	-0.48%
LNN	B	-0.47%
POWL	B	-0.47%
SDGR	F	-0.46%
RGR	B	-0.44%
ATEN	B	-0.43%
CARS	F	-0.43%
JBSS	D	-0.42%
PDFS	F	-0.39%
EIG	C	-0.39%
AMSF	F	-0.38%
GDEN	F	-0.38%
NX	D	-0.38%
MCRI	C	-0.36%
CRK	B	-0.33%
MRTN	D	-0.32%
MNRO	F	-0.3%
CLB	D	-0.29%
IIIN	D	-0.28%
SLP	A	-0.27%
MYE	A	-0.26%
MED	F	-0.25%
HCI	A	-0.24%
ZEUS	D	-0.24%
CLW	A	-0.23%
TWI	F	-0.23%
RES	F	-0.21%
FWRD	F	-0.19%
CCRN	D	-0.19%
USNA	D	-0.18%
CPF	A	-0.17%
RGP	F	-0.13%
SPWR	F	-0.05%