QABA : First Trust NASDAQ ABA Community Bank Index Fund

QABA is a Sector Equity Market Financial Services index fund with MODERATE fees.

QABA

First Trust NASDAQ ABA Community Bank Index Fund

FI Score

37 /100

Diversification Rating

3 /10

Expense Ratio Rating

7 /10

Expense Rating

4 /10

Market Score

4 /10

Category Score

0 /10

Market Size

4 /10

37% FI Score
  • qaba
  • ETF
  • Sector Equity
  • Financial Services

First Trust NASDAQ ABA Community Bank Index Fund

Expenses: 0.60% (Better than 1% of similar funds)

This is a bad choice for a Financial Services Sector Equity fund. See why »

Fund Summary

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® ABA Community Bank IndexSM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to track the performance of small, mid and large capitalization companies that comprise the community banking industry.

Largest Holdings

Amount Holding
4.11% Commerce Bancshares, Inc
2.55% TCF Financial Corporation
2.50% First Financial Bankshares, Inc
2.48% TFS Financial Corporation
2.19% Glacier Bancorp, Inc
2.17% United Bankshares, Inc
2.10% First Citizens BancShares, Inc
2.07% BOK Financial Corporation
2.01% Popular, Inc
1.85% Valley National Bancorp

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