QABA
·NASDAQ
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Key Stats
Assets Under Management
79.84MUSD
Fund Flows (1Y)
-41.96MUSD
Dividend Yield
2.51%
Discount/Premium to NAV
-0.07%
Shares Outstanding
1.40M
Expense Ratio
0.60%
About First Trust NASDAQ ABA Community Bank Index Fund
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Jun 29, 2009
Structure
Open-Ended Fund
Index Tracked
NASDAQ OMX ABA Community Bank Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
First Trust Portfolios LP
Distributor
First Trust Portfolios LP
QABA tracks an index of NASDAQ-listed US banks and thrifts while deliberately excluding the 50 largest based on asset size, according to Federal Deposit Insurance Corporation (FDIC) reports. QABA also excludes banks with an international specialization (assets greater than USD 10 billion and more than 25% of total assets in non-US offices) and banks with a credit card specialization (i.e. banks with credit card loans plus securitized receivables in excess of 50% of total assets plus securitized receivables). The result is an ETF that uniquely targets true community banks, avoiding the mega-money centers that tend to dominate this segment. The index is market-cap-weighted and undergoes quarterly rebalance and semi-annual reconstitution, subject to certain caps. The maximum weight of an issuer is capped at 25% and issuers weighting more than 5% in aggregate should not exceed 50% of the entire portfolio.
Classification
Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Regional Banks
Strategy
Exchange-specific
Geography
U.S.
Weighting Scheme
Market Cap
Selection Criteria
NASDAQ-listed
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.33% | +1.68% | +1.32% | +1.39% | +7.08% | +27.20% |
NAV Total Return | +2.34% | +3.45% | +8.03% | +6.13% | +18.05% | +46.16% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Financial Services
99.63%
Industrials
0.37%
Financial Services
99.63%
Industrials
0.37%
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Micro-Cap Blend
Includes micro-cap companies with both value and growth attributes. These ETFs offer exposure to the smallest market cap firms with balanced financial characteristics.
Top 10 Holdings
Symbol
Ratio
WTFC
Wintrust Financial
4.62%
CBSH
Commerce Bancshares
3.57%
UBSI
United Bankshares
2.67%
HWC
Hancock Whitney
2.64%
OZK
Bank OZK
2.54%
EBC
Eastern Bankshares
2.17%
FFIN
First Financial Bankshares
2.13%
TCBI
Texas Capital Bancshares
2.07%
IBOC
International Bancshares
2.05%
TFSL
Tfs Financial
1.89%
Top 10 Weight 26.35%
152 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-12 | 2025-12-12 | 2025-12-31 | 0.489 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.352 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.278 |
| 2025-03-27 | 2025-03-27 | 2025-03-31 | 0.307 |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | 0.336 |
| 2024-09-26 | 2024-09-26 | 2024-09-30 | 0.276 |
| 2024-06-27 | 2024-06-27 | 2024-06-28 | 0.434 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
