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QABA - ETF AI Analysis
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First Trust NASDAQ ABA Community Bank Index Fund (QABA)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Top Bank Holdings
Most of the largest community bank positions have shown solid gains this year, helping support the fund’s overall results.
Recent Performance Momentum
The ETF has delivered positive returns over the year and the last few months, indicating improving momentum despite a slightly weak recent month.
Targeted Community Bank Exposure
The fund offers focused access to U.S. community banks, which can benefit when regional lending and local economies are healthy.
Negative Factors
High Sector Concentration in Financials
Almost the entire portfolio is invested in financial stocks, so the fund is very sensitive to problems in the banking sector.
Limited Geographic Diversification
With nearly all assets in U.S. companies, the ETF offers little protection if the U.S. economy or banking system weakens.
Above-Average Expense Ratio
The fund’s relatively high fee for an ETF can eat into returns over time, especially compared with lower-cost index alternatives.
QABA vs. SPDR S&P 500 ETF (SPY)
AUM80.56M
RegionNorth America
Expense Ratio0.60%
Beta0.83
IssuerFirst Trust
Inception DateJun 29, 2009
Dividend Yield2.28%
Asset ClassEquity
Index TrackedNASDAQ OMX ABA Community Bank
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume11,147
30 Day Avg. Volume9,882
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
66.36Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering150
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QABA Summary
QABA is an ETF that follows the NASDAQ OMX ABA Community Bank Index, focusing on U.S. community and regional banks. These are smaller, locally focused banks that lend to households and small businesses across the country. The fund holds many financial companies, including names like Wintrust Financial and Commerce Bancshares. Someone might invest in QABA to get targeted exposure to the banking sector and to diversify beyond the biggest Wall Street banks. A key risk is that it is heavily concentrated in regional bank stocks, so its price can rise or fall sharply with changes in the financial sector and the broader economy.
How much will it cost me?The expense ratio for QABA is 0.6%, which means you’ll pay $6 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specialized niche of regional banks, requiring more research and management effort.
What would affect this ETF?QABA's focus on U.S. regional banks means it could benefit from a strong U.S. economy, increased lending activity, and favorable interest rate environments that boost bank profitability. However, it may face challenges from rising interest rates that could slow borrowing, regulatory changes impacting smaller banks, or economic downturns that affect local businesses and communities. Its reliance on the financial sector and top holdings in regional banks makes it sensitive to sector-specific trends and economic conditions.
QABA Top 10 Holdings
QABA is very much a pure play on U.S. community and regional banks, with names like Wintrust Financial and Commerce Bancshares quietly steering the fund higher on steady, if unspectacular, gains. The real spark lately comes from faster-rising holdings such as Hancock Whitney and Texas Capital Bancshares, which have been doing the heavy lifting for performance. On the flip side, International Bancshares and TFS Financial have been more of a drag in the short term, showing softer momentum. Overall, it’s a U.S.-only, bank-heavy bet with a few standout winners pulling the load.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Wintrust Financial | 4.66% | $3.78M | $10.30B | 18.62% | 78 Outperform | |
| Commerce Bancshares | 3.37% | $2.74M | $7.98B | -14.39% | 73 Outperform | |
| United Bankshares | 2.81% | $2.28M | $6.20B | 16.32% | 80 Outperform | |
| Hancock Whitney | 2.69% | $2.19M | $5.95B | 18.74% | 72 Outperform | |
| Bank OZK | 2.51% | $2.03M | $5.61B | -4.59% | 70 Outperform | |
| Eastern Bankshares | 2.33% | $1.89M | $5.15B | 15.93% | 74 Outperform | |
| First Financial Bankshares | 2.17% | $1.76M | $4.79B | -10.02% | 63 Neutral | |
| Texas Capital Bancshares | 2.14% | $1.73M | $4.57B | 27.65% | 79 Outperform | |
| International Bancshares | 2.03% | $1.65M | $4.48B | 11.32% | 67 Neutral | |
| TFS Financial | 1.90% | $1.54M | $4.19B | 9.94% | 71 Outperform |
QABA Technical Analysis
Positive
―
Price Trends
59.38
Positive
56.96
Positive
55.61
Positive
Market Momentum
1.16
Negative
59.75
Neutral
42.07
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QABA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 61.26, equal to the 50-day MA of 59.38, and equal to the 200-day MA of 55.61, indicating a bullish trend. The MACD of 1.16 indicates Negative momentum. The RSI at 59.75 is Neutral, neither overbought nor oversold. The STOCH value of 42.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QABA.
QABA Peer Comparison
Comparison Results
Performance Comparison
QABA
First Trust NASDAQ ABA Community Bank Index Fund
62.53
5.94
10.50%
PFI
Invesco DWA Financial Momentum ETF
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KBWR
Invesco KBW Regional Banking ETF
―
―
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GABF
Gabelli Financial Services Opportunities ETF
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―
―
FBDC
FT Confluence BDC & Specialty Finance Income ETF
―
―
―
PSCF
Invesco S&P SmallCap Financials ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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