First Trust NASDAQ ABA Community Bank Index Fund (QABA US)
QABA US$66.98
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 66.98
- Change
- ▲ 0.43 (0.64)
- Bid / Ask
- 67.08 - 67.22
- Volume
- 801
- Turnover
- 51,700
- Open
- 67.47
- Day Range
- 66.98 - 67.47
- VWAP
- 67.41
- Prev Close
- 66.55
- Last Trade
- 29/10 2:48pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$86.9M
OCT 2026
Distributions
Quarterly
Since inception
17.3 yrs
JUN 2009
- Legal name
- First Trust NASDAQ® ABA Community Bank Index Fund
- Issuer
- First Trust
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Index fund
- Morningstar category
- Financial
- Category index
- Morningstar US Fin Svc TR USD
- Benchmark
- Russell 3000 TR USD
- ETF net assets
- $86.9M
- Units on issue
- 1.3M
- Management fee
- 0.40% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 29 JUN 2009
- Listed
- 1 JUL 2009
- Index provider
- Russell Index
Objective and strategy
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 TM Index. 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.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 99.57%Non-US equity 0.31%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.88 | 99.88 | 0.00 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | 0.12 | 0.12 | 0.00 |
| Other | 0.00 | 0.00 | 0.00 |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 99.69%Sensitive 0.31%Defensive 0.00%
- Basic Materials
- 0.00%
- Consumer Cyclical
- 0.00%
- Financial Services
- 99.69%
- Real Estate
- 0.00%
- Communication Services
- 0.00%
- Energy
- 0.00%
- Industrials
- 0.31%
- Technology
- 0.00%
- Consumer Defensive
- 0.00%
- Healthcare
- 0.00%
- Utilities
- 0.00%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 100.00%Emerging markets 0.00%
- North America
- 100.00%
- Latin America
- 0.00%
- United Kingdom
- 0.00%
- Europe Developed
- 0.00%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 0.00%
- Australasia
- 0.00%
- Asia Developed
- 0.00%
- Asia Emerging
- 0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- United States
- 99.69%
- Canada
- 0.31%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Small Value
Size score
-19
Small
Mid
Large
Value-growth score
47
Value
Blend
Growth
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 0.00%
- Large
- 0.00%
- Mid
- 0.00%
- Small
- 28.14%
- Micro
- 71.86%
Small 28%Micro 72%
- Average market cap
- $2.24B
- Number of holdings
- 160
- Shares held
- 158
Portfolio statistics · 22 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 12.49
- Price / book
- 1.28
- Price / sales
- 3.84
- Dividend yield
- 2.74%
- Assets in top 10
- 26.31%
- Return on equity
- 10.54%
- Net margin
- 30.99%
- Earnings growth (3 yr)
- 1.40%
Top holdings · top 10 = 25.29% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| Wintrust Financial Corp WTFC | 4.02 | JUN 2009 | 3.4M | USD | 23,670 | Financial Services | United States | |
| Commerce Bancshares Inc CBSH | 3.30 | JUN 2009 | 2.8M | USD | 50,322 | Financial Services | United States | |
| Central Bancompany Inc Class A CBC | 3.15 | JUN 2026 | 2.6M | USD | 84,029 | Financial Services | United States | |
| United Bankshares Inc UBSI | 2.63 | JUN 2009 | 2.2M | USD | 47,790 | Financial Services | United States | |
| Hancock Whitney Corp HWC | 2.43 | JUN 2009 | 2.0M | USD | 28,146 | Financial Services | United States | |
| Bank OZK OZK | 2.11 | JUL 2018 | 1.8M | USD | 38,255 | Financial Services | United States | |
| Eastern Bankshares Inc Ordinary Shares EBC | 2.01 | DEC 2024 | 1.7M | USD | 80,172 | Financial Services | United States | |
| First Financial Bankshares Inc FFIN | 1.91 | JUN 2009 | 1.6M | USD | 50,286 | Financial Services | United States | |
| TFS Financial Corp TFSL | 1.91 | JUN 2009 | 1.6M | USD | 98,392 | Financial Services | United States | |
| Fulton Financial Corp FULT | 1.81 | JUN 2009 | 1.5M | USD | 66,981 | Financial Services | United States |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-3.7
3M
-4.1
6M
11.4
YTD
15.3
1Y
17.3
3Y
20.4
5Y
5.3
10Y
6.9
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -3.66 | -3.64 | -3.61 | 7 / 102 |
| 3 months | -4.11 | -4.06 | -3.97 | 74 / 97 |
| 6 months | 11.40 | 11.42 | 11.74 | 14 / 94 |
| Year to date | 15.31 | 15.21 | 15.83 | 4 / 94 |
| 1 year | 17.25 | 17.22 | 17.97 | 7 / 93 |
| 3 years p.a. | 20.36 | 20.33 | 21.09 | 38 / 89 |
| 5 years p.a. | 5.31 | 5.31 | 5.95 | 67 / 84 |
| 10 years p.a. | 6.89 | 6.90 | 7.53 | 87 / 72 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2016
37.6
2017
0.6
2018
-16.2
2019
22.8
2020
-11.0
2021
34.1
2022
-8.7
2023
-2.4
2024
14.5
2025
4.5
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 4.46 | 1.87 | 79 / 99 |
| 2024 | 14.51 | 11.84 | 90 / 99 |
| 2023 | -2.45 | -5.04 | 96 / 102 |
| 2022 | -8.74 | -10.63 | 20 / 101 |
| 2021 | 34.10 | 31.87 | 42 / 101 |
| 2020 | -10.96 | -13.19 | 93 / 100 |
| 2019 | 22.81 | 20.44 | 85 / 103 |
| 2018 | -16.18 | -17.74 | 66 / 106 |
| 2017 | 0.57 | -0.85 | 97 / 108 |
| 2016 | 37.57 | 36.04 | 2 / 104 |
| 2015 | 7.88 | 6.39 | 15 / 99 |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | 10.42 | 3.04 | -2.42 | -2.71 |
| Beta | 0.22 | 0.85 | 0.81 | 0.97 |
| R-squared | 4.35 | 19.71 | 23.84 | 32.57 |
| Standard deviation | 15.06 | 22.92 | 24.55 | 24.89 |
| Sharpe ratio | 0.88 | 0.72 | 0.17 | 0.29 |
| Sortino ratio | 1.71 | 1.51 | 0.27 | 0.45 |
| Tracking error | 18.42 | 20.59 | 21.59 | 20.46 |
| Information ratio | 0.03 | -0.07 | -0.29 | -0.27 |
| Upside capture % | 27.37 | 85.82 | 68.57 | 80.45 |
| Downside capture % | -98.42 | 66.97 | 83.82 | 99.34 |
| Maximum drawdown % | -6.45 | -16.84 | -35.19 | -39.72 |
Measured against MSCI ACWI NR USD with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
84.0
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Tracking volatility
- 0.042
- Est. holding cost %
- 0.634
- Market impact cost %
- 0.031
- Best quarter
- 42.11% · DEC 2020
- Worst quarter
- -36.26% · MAR 2020
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.40% p.a.
- PDS dated
- 1 MAY 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.3585
- Ex Date
- 24 SEP 2026
- Record Date
- 24 SEP 2026
- Pay Date
- 30 SEP 2026
- NAV at ex date
- 65.55
- Paid this year
- 1.0501
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
1.4
2023
1.3
2022
1.4
2021
1.1
2020
1.0
2019
1.1
2018
1.0
2017
0.8
2016
0.7
2015
0.6
| Year | Per unit ($) |
|---|---|
| 2024 | 1.4259 |
| 2023 | 1.3193 |
| 2022 | 1.3511 |
| 2021 | 1.1064 |
| 2020 | 0.9908 |
| 2019 | 1.1417 |
| 2018 | 1.0128 |
| 2017 | 0.8172 |
| 2016 | 0.7468 |
| 2015 | 0.5951 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 24 SEP 2026 | 0.3585 |
| 25 JUN 2026 | 0.3497 |
| 26 MAR 2026 | 0.3419 |
| 12 DEC 2025 | 0.4886 |
| 25 SEP 2025 | 0.3523 |
| 26 JUN 2025 | 0.2781 |
| 27 MAR 2025 | 0.3069 |
| 13 DEC 2024 | 0.3361 |
| 26 SEP 2024 | 0.2761 |
| 27 JUN 2024 | 0.4338 |
| 21 MAR 2024 | 0.2733 |
| 22 DEC 2023 | 0.3595 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Low
ESG risk score
30.64
Negligible
Low
Medium
High
Severe
Category average 19.93
- Rank in category
- 98th percentile of 273 funds
- Environmental risk
- 0.24
- Social risk
- 1.11
- Governance risk
- 1.14
- Portfolio covered
- 93.8%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 0.00%
- Low
- 0.93%
- Medium
- 42.90%
- High
- 55.48%
- Severe
- 0.68%
0.00% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
15.76
Low
Medium
High
Severe
Category average 7.74
- Carbon risk
- Medium Risk
- Rank in category
- 92nd percentile of 302 funds
- Fossil fuel involvement
- 0.00%
- Category average
- 2.49%
- Low Carbon Designation
- No
- Portfolio covered
- 93.6%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Roger F. Testin
- Daniel J. Lindquist
- Jon C. Erickson
- David G. McGarel
- Stan Ueland
- Chris A. Peterson
- Erik Russo
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 7
- Average tenure
- 14.7 years
- Longest tenure
- 17.3 years
- Longest serving
- Roger F. Testin, Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Stan Ueland · since 29 JUN 2009
- Most recent appointment
- Erik Russo · since 31 DEC 2020
- Managed since
- 29 JUN 2009
- Other funds managed
- 189
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
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