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First Trust NASDAQ® ABA Community Bank Index Fund (QABA)
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Upturn Advisory Summary
11/05/2025: QABA (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -19.91% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/05/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.01 | 52 Weeks Range 43.69 - 63.24 | Updated Date 06/30/2025 |
52 Weeks Range 43.69 - 63.24 | Updated Date 06/30/2025 |
Upturn AI SWOT
First Trust NASDAQ® ABA Community Bank Index Fund
ETF Overview
Overview
The First Trust NASDAQu00ae ABA Community Bank Index Fund (QABA) seeks investment results that correspond generally to the price and yield of the NASDAQ ABA Community Bank Index. It focuses on investing in a basket of community bank stocks, aiming for diversification within this sector and exposure to the performance of these institutions. The ETF utilizes a passive management investment approach by tracking the index.
Reputation and Reliability
First Trust is a well-established ETF issuer with a solid reputation and a history of providing innovative and reliable investment products.
Management Expertise
First Trust has a team of experienced portfolio managers and analysts specializing in ETFs and indexing strategies.
Investment Objective
Goal
The investment objective is to seek investment results that correspond generally to the price and yield, before fees and expenses, of the NASDAQ ABA Community Bank Index.
Investment Approach and Strategy
Strategy: QABA aims to track the NASDAQ ABA Community Bank Index, which is composed of community banks.
Composition The ETF holds stocks of publicly traded community banks.
Market Position
Market Share: QABA's market share in the community bank ETF segment is moderate compared to larger financial sector ETFs.
Total Net Assets (AUM): 154446293
Competitors
Key Competitors
- Invesco KBW Regional Banking ETF (KBWR)
- SPDR S&P Regional Banking ETF (KRE)
- iShares U.S. Regional Banks ETF (IAT)
Competitive Landscape
The community bank ETF industry is competitive, with several funds targeting regional and community banks. QABA's advantage lies in its specific index focus, while its disadvantage may be a smaller AUM and trading volume compared to larger competitors such as KRE. KRE has more diversification across the regional banking space.
Financial Performance
Historical Performance: Historical performance data should be obtained from reliable sources such as Morningstar or the fund's website. Actual performance data will vary over time.
Benchmark Comparison: The ETF's performance is compared to the NASDAQ ABA Community Bank Index to assess its tracking effectiveness.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
QABA's average trading volume is moderate and can be found on major financial websites.
Bid-Ask Spread
The bid-ask spread is generally reasonable, reflecting moderate liquidity, and can be found on major financial websites.
Market Dynamics
Market Environment Factors
Economic growth, interest rate changes, regulatory policies, and local market conditions significantly affect QABA's performance.
Growth Trajectory
QABA's growth trajectory is closely linked to the performance and expansion of the community banking sector.
Moat and Competitive Advantages
Competitive Edge
QABA's competitive advantage is its precise focus on community banks, offering targeted exposure to this sub-segment of the financial sector. It tracks a specific index of community banks. Its expense ratio is competitive. This focus allows investors to isolate their investment in community banks. This allows for a pure-play investment option within the financial sector.
Risk Analysis
Volatility
The fund's volatility is related to the sensitivity of community banks to local economies and interest rate fluctuations.
Market Risk
Specific risks include interest rate risk, credit risk associated with community bank loans, and regulatory changes affecting the banking sector.
Investor Profile
Ideal Investor Profile
QABA is best suited for investors seeking targeted exposure to the U.S. community banking sector.
Market Risk
QABA can be suitable for long-term investors seeking diversification within the financial sector, or active traders who are looking to make short-term gains from the price fluctuation of community banks.
Summary
The First Trust NASDAQu00ae ABA Community Bank Index Fund (QABA) offers targeted exposure to U.S. community banks by tracking the NASDAQ ABA Community Bank Index. It caters to investors seeking to capitalize on the performance of these institutions. It carries risks associated with the banking sector, including interest rate sensitivity and credit risk. With a reasonable expense ratio and moderate liquidity, QABA is a niche fund in the financial ETF landscape. The fund is ideal for investors who want to diversify their portfolio in the community banking sector.
Similar ETFs
Sources and Disclaimers
Data Sources:
- First Trust Website
- Morningstar
- ETF.com
Disclaimers:
Data is based on available information and is subject to change. Investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust NASDAQ® ABA Community Bank Index Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities 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.
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