First Trust NASDAQ ABA Community Bank Index Fund
$64.00−0.27 (−0.41%)
- 0.63%
- $83M
- +22.6%
- 2.39%
- 0M sh
- $63.82
- low $51.90high $70.66
The ETF.net QABA Grade
D
Score 33 out of 100
- 9 of 9
Score 33 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F8 out of 100Rank 9 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C54 out of 100Rank 3 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D32 out of 100Rank 6 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A76 out of 100Rank 3 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C51 out of 100Rank 6 of 9
Our read on QABA
DThe community-bank ETF: it tracks an index the American Bankers Association helped build, one that deliberately throws out the 50 biggest banks. What's left is Main Street lenders, not money-center giants.
The Fund seeks to track, before fees and expenses, the price and yield of the Nasdaq OMX® ABA Community BankTM Index.
Why people hold it
- The screen is the whole point. The index leaves out the 50 largest banks and thrifts by asset size, so the megabanks never crowd out the small hometown lenders.aba.com
- Trading since 2009 and it has hugged its Nasdaq ABA index closely. What the methodology promises is what shows up in the portfolio.ftportfolios.com
- About 120 Nasdaq-listed banks and thrifts, market-cap weighted with caps, so the basket spreads across the group instead of riding two or three names.
- Distributions come quarterly, in step with the dividend rhythm of the banks it holds.
Worth knowing
- 0.63% a year is well above the 0.35% charged by the big bank funds like KRE and KBE. The niche screen carries a price tag.
- Thinly traded on a modest asset base, so spreads can run wider than the household-name bank ETFs and size orders may move the price.
- One sector, small lenders. Rate swings, credit cycles and regional bank stress hit this basket harder than a broad financials fund.
QABA Holdings
- Stocks
- 161
- 26%
- WTFC
Sectors
- Financials99.7%
- Industrials0.3%
Geography
- United States99.70%
- Canada0.30%
QABA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
QABA$12,265
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QABA |
|---|---|
| Year to date | +15.3% |
| 1 month | −4.5% |
| 3 months | −3.8% |
| 1 year | +22.6% |
| 3 years | +20.6% |
| 5 years | +4.9% |
| 10 years | +6.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QABA |
|---|---|---|
| 2026 YTD | +15.3% | |
| 2025 | +4.6% | |
| 2024 | +14.5% | |
| 2023 | −2.2% | |
| 2022 | −9.0% | |
| 2021 | +34.2% | |
| 2020 | −10.8% |
QABA in the news
QABA Dividends
- 2.39%
- $1.54
- $0.36 per share
- Quarterly
Distribution history
QABA Risk
- 23.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.72
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −43.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.98
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QABA Cost
0.63%
QABA0.63%
- The middle half of Banks funds
- Median 0.35%
Every other Banks fund charges less.
Other funds in Banks
- BGSIBThemes Global Systemically Important Banks ETFExpense ratio 0.35%1 year return +36.3%
- BPBEUPortfolio Building Block European Banks Index ETFExpense ratio 0.13%1 year return —
- CFDIQInvesco Bloomberg Financial Data Providers ETFExpense ratio 0.35%1 year return —
- DFTXOFirst Trust Nasdaq Bank ETFExpense ratio 0.60%1 year return +18.8%
- DIATiShares U.S. Regional Banks ETFExpense ratio 0.37%1 year return +20.6%