First Trust NASDAQ ABA Community Bank Index Fund

QABA

Market cap $107M

Overview Fund Activity

57.92 USD

-0.38

0.65%

At close Updated Sep 12, 4:00 PM EDT

1 day

-0.65%

5 days

-0.48%

1 month

4.04%

3 months

8.53%

6 months

12.07%

Year to date

5.83%

1 year

12.18%

5 years

69.6%

10 years

51.9%

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

5% more funds holding

Funds holding: 43 [Q1] → 45 (+2) [Q2]

4% less capital invested

Capital invested by funds: $74.4M [Q1] → $71.2M (-$3.16M) [Q2]

11.01% less ownership

Funds ownership: 69.39% [Q1] → 58.38% (-11.01%) [Q2]

14% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 14

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Financial journalist opinion

U.S. Banks Maintain Favorable Earnings While Confronting Economic Uncertainty

US banks' net interest margins are poised to expand, but higher-for-longer interest rates and uncertainty created by tariffs will push credit costs higher and limit earnings growth in 2025. Banks' earnings should remain healthy through the first half of the year, buoyed by continued margin expansion, steady loan growth and benign credit quality.

U.S. Banks Maintain Favorable Earnings While Confronting Economic Uncertainty

Small Community Banks Are The Focus Of QABA

QABA offers exposure to small community banks with attractive valuations, higher yields, and potential acquisition upside versus larger peers. Despite some compelling individual bank stories, QABA's historical returns have been erratic, and the fund has lagged broader benchmarks recently. The ETF carries higher risks due to its sensitivity to interest rates and concentrated exposure to smaller banks, which may be depending heavily on commercial real estate.

Small Community Banks Are The Focus Of QABA

QABA: Small-Bank ETF Lagging Competitors

First Trust NASDAQ® ABA Community Bank Index Fund ETF holds 154 small and micro-cap banks and thrifts. The QABA ETF is well-diversified in states and holdings, and shows growth characteristics within the banking industry. QABA has a lackluster track record, lagging the banking industry benchmark and the small-cap benchmark.

QABA: Small-Bank ETF Lagging Competitors

Zacks Investment Research

5 Best-Performing Sector ETFs Midway in Q4

After reaching a record high, all three bourses lost momentum on sticky inflation and the Fed's hawkish comments.

5 Best-Performing Sector ETFs Midway in Q4

Zacks Investment Research

5 Sector ETFs That Outperformed With Double-Digit Gains in July

July witnessed the "Great Rotation" in the U.S. stock market as investors shunned the hot technology stocks in favor of smaller companies and other sectors, which are the bigger beneficiaries of the Fed rate cuts.

5 Sector ETFs That Outperformed With Double-Digit Gains in July

Zacks Investment Research

Best ETFs of Last Week

Wall Street offered a mixed performance last week.

Best ETFs of Last Week

Zacks Investment Research

5 Top-Performing ETF Areas of Last Week

Wall Street was mixed last week with the S&P 500, the Dow Jones and the Nasdaq losing 1.9%, adding 0.7% and retreating 3.7% last week. The small-cap index Russell 2000 advanced 1.7% last week as “Trump Trade” gained momentum.

5 Top-Performing ETF Areas of Last Week

Zacks Investment Research

5 Top-Performing ETFs of Last Week

Wall Street delivered mixed performance last week. Here are some top-performing ETF areas.

5 Top-Performing ETFs of Last Week

Zacks Investment Research

Bank ETFs Soar on Trump Trade, September Rate Cut Bets

Bank ETFs soared to a new one-year high as the probability of Donald Trump returning to the White House has risen significantly along with a Fed rate cut in September.

Bank ETFs Soar on Trump Trade, September Rate Cut Bets

Zacks Investment Research

5 Best Investing Areas of Q4 & Their Top ETFs

Wall Street is ending the fourth quarter on a sweet note. After a Downbeat October 2023, stocks surged in November and December on the hopes of Fed rate cuts in 2024.

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