First Trust NASDAQ ABA Community Bank Index Fund
ALTAR
Score™		 8.5% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 12.1x P/Sales
ratio		 3.5x
P/BV
ratio		 1.2x Div.
yield		 2.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust NASDAQ ABA Community Bank Index Fund seeks investment results that correspond generally to the price and yield of the ABA Community Bank Index.

FUND BASICS
Category US Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Jun 29, 2009
Assets (mns) $81
Currency USD
Expense ratio 60 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 152
Wgt avg mkt cap (mns) $2,805
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 53.5%
Small cap (<$2bn) 46.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
WINTRUST FINANCIAL CORP 4.6 %
COMMERCE BANCSHARES INC 3.6 %
UNITED BANKSHARES INC 2.7 %
HANCOCK HOLDING CO 2.6 %
BANK OZK 2.6 %
EASTERN BANKSHARES, INC. 2.2 %
FIRST FINL BANKSHARES INC 2.1 %
TEXAS CAPITAL BANCSHARES INC 2.1 %
INTERNATIONAL BANCSHARES CRP 2.0 %
TFS FINANCIAL CORP 1.9 %
Total 26.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.3 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
3.8% 3.8% 7.3% 6.1% 8.5%

Market Correlations
versus... Beta R-squared
S&P500 0.83 41%
MSCI EAFE 0.81 29%
MSCI Emg. Mkts. 0.61 18%

Technical Indicators
Recent close $57.72
30d moving avg. $57.42
Annualized volatility 28.5%
Short interest (ETF) 1.4%
Short interest (Underlying) 2.4%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.6%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $811

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 276 potential alternatives to the First Trust NASDAQ ABA Community Bank Index Fund ETF based on the alternatives' overlap in portfolio holdings with QABA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: QABA Expense: 60 bp ALTAR Score™: 8.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH QABA
Ticker Fund
Name		 Overlap1
vs QABA
(%)		 Expense
ratio
(bp)		 Savings
vs QABA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs QABA
(%)
KBWR Invesco KBW Regional Banking ETF 36.1 35 25 8.9 +0.4
KRE State Street SPDR S&P Regional Banking ETF 33.9 35 25 8.8 +0.3
KBE State Street SPDR S&P Bank ETF 29.2 35 25 8.6 +0.2
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 15.9 12 48 6.9 -1.6
PSCF Invesco S&P SmallCap Financials ETF 15.8 29 31 8.6 +0.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 15.3 47 13 8.4 -0.1
SMDV ProShares Russell 2000 Dividend Growers ETF 13.8 40 20 7.1 -1.3
DES WisdomTree U.S. SmallCap Dividend Fund 13.8 38 22 8.4 -0.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 12.3 35 25 8.6 +0.2
JPSV JPMorgan Active Small Cap Value ETF 11.4 74 -14 7.8 -0.7
XSVM Invesco S&P SmallCap Value with Momentum ETF 11.4 36 24 9.7 +1.2
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 11.4 38 22 9.0 +0.6
AVSC Avantis U.S Small Cap Equity ETF 10.8 25 35 4.7 -3.8
FDM First Trust Dow Jones Select MicroCap Index Fund 9.9 60 0 7.3 -1.2
IWC iShares Micro-Cap ETF 9.8 60 0 -1.3 -9.7
FYT First Trust Small Cap Value AlphaDEX Fund 9.7 73 -13 10.7 +2.2
SVAL iShares US Small Cap Value Factor ETF 9.5 20 40 8.1 -0.4
VTWV Vanguard Russell 2000 Value ETF 9.2 10 50 6.0 -2.5
IWN iShares Russell 2000 Value ETF 9.1 24 36 5.9 -2.6
EES WisdomTree U.S. SmallCap Fund 8.8 38 22 7.7 -0.7
XSLV Invesco S&P SmallCap Low Volatility ETF 8.8 25 35 7.9 -0.6
DFSV Dimensional US Small Cap Value ETF 8.7 31 29 9.4 +1.0
AVUV Avantis U.S. Small Cap Value ETF 8.6 25 35 8.8 +0.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 8.4 39 21 4.4 -4.0
OSCV Opus Small Cap Value ETF 8.1 79 -19 6.4 -2.1
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 8.0 40 20 6.9 -1.6
CSA VictoryShares US Small Cap Volatility Wtd ETF 7.5 35 25 6.8 -1.7
DFAT Dimensional U.S. Targeted Value ETF 7.4 28 32 9.0 +0.6
ROSC Hartford Multifactor Small Cap ETF 7.4 34 26 8.1 -0.4
TPSC Timothy Plan US Small Cap Core ETF 7.3 52 8 6.3 -2.2
FYX First Trust Small Cap Core AlphaDEX Fund 7.3 61 -1 5.1 -3.3
ISMD Inspire Small/Mid Cap ETF 7.1 54 6 4.8 -3.7
BFOR ALPS Barron's 400 ETF 7.0 65 -5 5.0 -3.5
XMVM Invesco S&P MidCap Value with Momentum ETF 6.9 39 21 8.5 +0.1
IJS iShares S&P Small-Cap 600 Value ETF 6.8 18 42 8.9 +0.4
SMCF Themes US Small Cap Cash Flow Champions ETF 6.7 29 31 10.7 +2.2
SQLV Royce Quant Small-Cap Quality Value ETF 6.6 60 0 8.5 +0.1
FTXO First Trust Nasdaq Bank ETF 6.4 60 0 7.3 -1.1
GRPM Invesco S&P MidCap 400 GARP ETF 6.4 35 25 6.9 -1.5
SLYV State Street SPDR S&P 600 Small Cap Value ETF 6.4 15 45 8.9 +0.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 5.9 20 40 4.8 -3.6
PEY Invesco High Yield Equity Dividend Achievers ETF 5.7 52 8 9.1 +0.7
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 5.6 60 0 6.1 -2.3
RSSL Global X Russell 2000 ETF 5.4 8 52 3.2 -5.3
IAT iShares U.S. Regional Banks ETF 5.3 40 20 8.2 -0.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 5.2 9 51 3.5 -4.9
VFVA Vanguard U.S. Value Factor ETF 5.2 13 47 9.5 +1.0
IWM iShares Russell 2000 ETF 5.1 19 41 3.2 -5.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 5.1 10 50 8.8 +0.3
AFSM First Trust Active Factor Small Cap ETF 5.0 75 -15 6.6 -1.9
VFMF Vanguard U.S. Multifactor ETF 4.9 18 42 6.8 -1.7
XJR iShares ESG Screened S&P Small-Cap ETF 4.7 12 48 6.8 -1.7
DFAS Dimensional U.S. Small Cap ETF 4.7 26 34 5.9 -2.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 4.7 39 21 2.8 -5.7
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 4.6 12 48 7.3 -1.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.6 15 45 6.9 -1.6
VTWO Vanguard Russell 2000 ETF 4.5 7 53 3.3 -5.1
IJR iShares Core S&P Small Cap ETF 4.5 6 54 6.8 -1.6
STXK Strive Small-Cap ETF 4.4 18 42 5.4 -3.1
FESM Fidelity Enhanced Small Cap ETF 4.3 28 32 2.8 -5.6
GRPZ Invesco S&P SmallCap 600 GARP ETF 4.2 35 25 6.6 -1.8
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.2 3 57 6.9 -1.6
VIOO Vanguard S&P Small-Cap 600 ETF 4.0 7 53 6.9 -1.6
ISCV iShares Morningstar Small Cap Value ETF 3.9 6 54 7.7 -0.8
XSHQ Invesco S&P SmallCap Quality ETF 3.9 29 31 6.8 -1.7
DHS WisdomTree U.S. High Dividend Fund 3.8 38 22 7.4 -1.0
SCDS JPMorgan Fundamental Data Science Small Core ETF 3.8 40 20 4.3 -4.2
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 3.7 60 0 -0.9 -9.4
KBWD Invesco KBW High Dividend Yield Financial ETF 3.6 384 -324 13.6 +5.1
TMDV ProShares Russell US Dividend Growers ETF 3.6 35 25 6.5 -2.0
BKSE BNY Mellon US Small Cap Core Equity ETF 3.6 4 56 5.2 -3.3
SCHA Schwab U.S. Small-Cap ETF 3.5 4 56 5.0 -3.5
FNDA Schwab Fundamental US Small Co. Index ETF 3.5 25 35 6.8 -1.6
ETHO Etho Climate Leadership U.S. ETF 3.5 47 13 4.8 -3.7
FSMD Fidelity Small-Mid Multifactor ETF 3.5 15 45 6.2 -2.3
PSC Principal U.S. Small-Cap ETF 3.4 38 22 6.0 -2.5
FSCS First Trust SMID Capital Strength ETF 3.1 60 0 6.2 -2.2
RNMC First Trust Mid Cap US Equity Select ETF 3.1 60 0 6.0 -2.5
FXO First Trust Financials AlphaDEX Fund 3.1 62 -2 7.2 -1.2
SMAP Amplify Small-Mid Cap Equity ETF 3.0 60 0 4.9 -3.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 3.0 10 50 4.9 -3.6
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 3.0 29 31 7.2 -1.3
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.9 35 25 3.1 -5.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 2.8 35 25 6.6 -1.9
JHSC John Hancock Multifactor Small Cap ETF 2.7 42 18 5.9 -2.6
VFQY Vanguard U.S. Quality Factor ETF 2.6 13 47 5.3 -3.1
FAB First Trust Multi Cap Value AlphaDEX Fund 2.6 67 -7 8.9 +0.5
MGMT Ballast Small/Mid Cap ETF 2.6 110 -50 7.1 -1.4
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 2.6 55 5 9.3 +0.9
VBR Vanguard Small Cap Value ETF 2.5 7 53 8.1 -0.4
IJJ iShares S&P Mid-Cap 400 Value ETF 2.5 18 42 7.8 -0.7
ISCB iShares Morningstar Small-Cap ETF 2.5 4 56 5.2 -3.3
FYC First Trust Small Cap Growth AlphaDEX Fund 2.4 71 -11 -1.3 -9.8
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 2.4 15 45 7.8 -0.7
FSGS First Trust SMID Growth Strength ETF 2.4 60 0 4.4 -4.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 2.4 52 8 5.6 -2.9
RNSC Furst Trust Small Cap US Equity Select ETF 2.4 60 0 4.3 -4.1
PFI Invesco Dorsey Wright Financial Momentum ETF 2.3 60 0 4.2 -4.3
FNK First Trust Mid Cap Value AlphaDEX Fund 2.3 70 -10 9.6 +1.1
IJT iShares S&P Small-Cap 600 Growth ETF 2.3 18 42 4.7 -3.7
VXF Vanguard Extended Market ETF 2.3 5 55 3.9 -4.5
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 2.2 15 45 4.8 -3.7
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.1 17 43 5.3 -3.2
AIRR First Trust RBA American Industrial Renaissance ETF 2.1 70 -10 4.0 -4.4
SMLF iShares U.S. SmallCap Equity Factor ETF 2.0 15 45 5.3 -3.2
JMEE JPMorgan Market Expansion Enhanced Equity ETF 2.0 24 36 6.6 -1.9
TCV Towle Value ETF 2.0 85 -25 10.4 +1.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 2.0 10 50 7.9 -0.5
WCEO Hypatia Women CEO ETF 2.0 85 -25 2.9 -5.6
FTDS First Trust Dividend Strength ETF 1.9 70 -10 7.5 -1.0
DXUV Dimensional US Vector Equity ETF 1.9 28 32 5.3 -3.2
DIV Global X SuperDividend US ETF 1.9 45 15 10.9 +2.5
VFH Vanguard Financials ETF 1.8 9 51 5.6 -2.8
WBIY WBI Power Factor High Dividend ETF 1.8 100 -40 12.6 +4.1
FNCL Fidelity MSCI Financials Index ETF 1.8 8 52 5.6 -2.8
MBOX Freedom Day Dividend ETF 1.8 39 21 6.9 -1.6
AFMC First Trust Active Factor Mid Cap ETF 1.8 65 -5 7.1 -1.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.7 39 21 8.7 +0.2
VAMO Cambria Value & Momentum ETF 1.7 61 -1 5.5 -3.0
HAPS Harbor Human Capital Factor US Small Cap ETF 1.7 60 0 3.4 -5.0
CVY Invesco Zacks Multi-Asset Income ETF 1.6 106 -46 10.5 +2.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.6 56 4 10.2 +1.7
XJH iShares ESG Screened S&P Mid-Cap ETF 1.6 12 48 6.2 -2.2
FNX First Trust Mid Cap Core AlphaDEX Fund 1.6 60 0 6.0 -2.4
WDIV SPDR S&P Global Dividend ETF 1.6 40 20 8.4 -0.0
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.5 15 45 6.4 -2.1
EZM WisdomTree U.S. MidCap Fund 1.5 38 22 7.7 -0.7
FFOX FundX Future Fund Opportunities ETF 1.5 100 -40 2.7 -5.8
BOUT Innovator IBD Breakout Opportunities ETF 1.5 81 -21 4.7 -3.8
AZTD Aztlan Global Stock Selection DM SMID ETF 1.5 75 -15 5.3 -3.2
VB Vanguard Small-Cap ETF 1.5 5 55 5.3 -3.1
MDY SPDR S&P Midcap 400 ETF Trust 1.4 24 36 6.1 -2.3
IJH iShares Core S&P Mid-Cap ETF 1.4 5 55 6.3 -2.1
IWO iShares Russell 2000 Growth ETF 1.4 24 36 0.7 -7.8
IVOO Vanguard S&P Mid-Cap 400 ETF 1.4 7 53 6.4 -2.1
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 1.4 3 57 6.4 -2.1
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.3 80 -20 6.9 -1.6
XSMO Invesco S&P SmallCap Momentum ETF 1.3 39 21 4.0 -4.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.3 35 25 9.1 +0.6
DON WisdomTree U.S. MidCap Dividend Fund 1.3 38 22 8.3 -0.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.3 25 35 7.0 -1.4
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.2 60 0 5.7 -2.7
DEW WisdomTree Global High Dividend Fund 1.2 58 2 7.7 -0.7
FFSM Fidelity Fundamental Small-Mid Cap ETF 1.2 43 17 5.2 -3.2
VTWG Vanguard Russell 2000 Growth ETF 1.1 10 50 0.8 -7.7
SCHD Schwab US Dividend Equity ETF 1.1 6 54 9.1 +0.6
VSDA VictoryShares Dividend Accelerator ETF 1.1 35 25 6.7 -1.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 1.1 25 35 4.7 -3.7
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.1 15 45 7.0 -1.4
SDIV Global X Superdividend ETF 1.1 58 2 15.8 +7.3
AUSF Global X Adaptive U.S. Factor ETF 1.1 27 33 8.1 -0.4
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 1.1 27 33 6.9 -1.6
XMLV Invesco S&P MidCap Low Volatility ETF 1.0 25 35 6.9 -1.6
COPY Tweedy, Browne Insider + Value ETF 1.0 80 -20 10.5 +2.0
SDY State Street SPDR S&P Dividend ETF 1.0 35 25 6.3 -2.2
ISCG iShares Morningstar Small-Cap Growth ETF 1.0 6 54 2.5 -5.9
SYLD Cambria Shareholder Yield ETF 1.0 59 1 11.3 +2.8
DFAC Dimensional U.S. Core Equity 2 ETF 1.0 17 43 4.7 -3.7
NUSC Nuveen ESG Small-Cap ETF 0.9 31 29 4.6 -3.9
VFMO Vanguard U.S. Momentum Factor ETF 0.9 13 47 2.5 -5.9
CVAR Cultivar ETF 0.8 87 -27 6.8 -1.7
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.8 35 25 6.4 -2.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.8 10 50 5.1 -3.4
FDFF Fidelity Disruptive Finance ETF 0.8 50 10 3.9 -4.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.8 7 53 5.1 -3.4
DFUV Dimensional US Marketwide Value ETF 0.8 22 38 6.5 -2.0
FLDZ RiverNorth Patriot ETF 0.8 75 -15 5.7 -2.8
RFV Invesco S&P Midcap 400 Pure Value ETF 0.8 35 25 12.0 +3.6
SFYX SoFi Next 500 ETF 0.7 0 60 5.1 -3.4
DCOR Dimensional US Core Equity 1 ETF 0.7 14 46 4.7 -3.8
RWK Invesco S&P MidCap 400 Revenue ETF 0.7 39 21 8.4 -0.1
VFMV Vanguard U.S. Minimum Volatility ETF 0.6 13 47 5.3 -3.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.6 21 39 3.1 -5.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.6 64 -4 0.9 -7.6
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.6 55 5 3.5 -5.0
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.6 56 4 5.9 -2.6
JSML Janus Henderson Small Cap Growth Alpha ETF 0.6 30 30 7.1 -1.4
DTD WisdomTree U.S. Total Dividend Fund 0.6 28 32 5.7 -2.8
XMHQ Invesco S&P MidCap Quality ETF 0.5 25 35 5.6 -2.8
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 56 6.1 -2.4
DFSU Dimensional US Sustainability Core 1 ETF 0.5 18 42 4.5 -3.9
DVY iShares Select Dividend ETF 0.5 38 22 8.5 +0.0
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 23 5.3 -3.2
AVSU Avantis Responsible U.S. Equity ETF 0.5 15 45 5.0 -3.4
AVUS Avantis U.S. Equity ETF 0.5 15 45 5.0 -3.5
AVMV Avantis U.S. Mid Cap Value ETF 0.5 20 40 7.7 -0.8
FQAL Fidelity Quality Factor ETF 0.5 15 45 4.8 -3.6
EBI Longview Advantage ETF 0.5 35 25 5.8 -2.7
FCPI Fidelity Stocks for Inflation ETF 0.5 15 45 6.9 -1.6
STXM Strive Mid-Cap ETF 0.4 18 42 5.5 -2.9
IYG iShares US Financial Services ETF 0.4 40 20 4.8 -3.7
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.4 12 48 6.6 -1.9
VYM Vanguard High Dividend Yield Index ETF 0.4 6 54 6.4 -2.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 56 5.2 -3.3
FVD First Trust Value Line Dividend Index Fund 0.4 65 -5 5.8 -2.7
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.4 5 55 7.3 -1.2
IYF iShares U.S. Financials ETF 0.4 40 20 5.3 -3.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 45 5.3 -3.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.4 70 -10 1.7 -6.8
DFAU Dimensional US Core Equity Market ETF 0.4 12 48 4.3 -4.1
IJK iShares S&P Mid-Cap 400 Growth ETF 0.4 17 43 4.9 -3.6
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.4 15 45 7.7 -0.7
SMMD iShares Russell 2500 ETF 0.3 15 45 5.9 -2.6
PFM Invesco Dividend Achievers ETF 0.3 53 7 4.7 -3.8
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.3 15 45 4.9 -3.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.3 30 30 5.8 -2.7
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -29 4.2 -4.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 40 6.5 -2.0
FDLS Inspire Fidelis Multi Factor ETF 0.3 76 -16 4.1 -4.3
VIG Vanguard Dividend Appreciation ETF 0.3 5 55 4.9 -3.6
IWV iShares Russell 3000 ETF 0.3 20 40 4.1 -4.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 57 4.2 -4.3
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.3 39 21 11.0 +2.5
TDV ProShares S&P Technology Dividend Aristocrats ETF 0.3 45 15 5.1 -3.4
LGLV State Street SPDR US Large Cap Low Volatility Index ETF 0.3 12 48 5.5 -3.0
DFUS Dimensional U.S. Equity ETF 0.3 9 51 4.1 -4.3
VTHR Vanguard Russell 3000 ETF 0.3 7 53 4.2 -4.3
IWS iShares Russell Mid-Cap Value ETF 0.3 23 37 6.4 -2.1
TEXN iShares Texas Equity ETF 0.3 20 40 5.7 -2.8
VTI Vanguard Total Stock Market ETF 0.3 3 57 4.2 -4.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 35 6.4 -2.0
JHMM John Hancock Multifactor Mid Cap ETF 0.3 42 18 5.5 -3.0
FDL First Trust Morningstar Dividend Leaders Index Fund 0.3 45 15 9.9 +1.5
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 48 7.0 -1.5
AKAF The Frontier Economic Fund 0.2 20 40 5.6 -2.8
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.2 20 40 9.3 +0.9
AVMC Avantis U.S. Mid Cap Equity ETF 0.2 18 42 6.0 -2.4
OPTZ Optimize Strategy Index ETF 0.2 50 10 4.2 -4.3
SCHB Schwab U.S. Broad Market ETF 0.2 3 57 4.3 -4.2
PKW Invesco Buyback Achievers ETF 0.2 62 -2 7.1 -1.4
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 30 7.1 -1.4
GOP Unusual Whales Subversive Republican Trading ETF 0.2 50 10 4.7 -3.8
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 51 4.1 -4.4
IWR iShares Russell Midcap ETF 0.2 19 41 5.5 -3.0
TXS Texas Capital Texas Equity Index ETF 0.2 49 11 5.4 -3.1
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.2 3 57 4.4 -4.1
STXV Strive 1000 Value ETF 0.2 18 42 7.3 -1.2
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 48 5.1 -3.4
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 21 6.0 -2.5
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 45 6.7 -1.8
IUSV iShares Core S&P US Value ETF 0.1 4 56 5.7 -2.7
DGRO iShares Core Dividend Growth ETF 0.1 8 52 5.9 -2.6
LQPE PEO AlphaQuest Thematic PE ETF 0.1 125 -65 6.0 -2.4
DIVB iShares Core Dividend ETF 0.1 5 55 7.4 -1.1
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 48 3.4 -5.1
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 43 6.1 -2.4
STXD Strive 1000 Dividend Growth ETF 0.1 35 25 4.3 -4.2
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 40 5.8 -2.6
VT Vanguard Total World Stock ETF 0.1 6 54 5.1 -3.4
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 40 7.4 -1.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 51 4.9 -3.6
IWD iShares Russell 1000 Value ETF 0.1 19 41 5.7 -2.8
VONV Vanguard Russell 1000 Value ETF 0.1 7 53 5.8 -2.7
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 48 5.8 -2.7
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 45 4.2 -4.3
GVLU Gotham 1000 Value ETF 0.1 50 10 8.3 -0.1
PTL Inspire 500 ETF 0.1 9 51 4.8 -3.7
ROUS Hartford Multifactor US Equity ETF 0.1 19 41 6.1 -2.4
SCHK Schwab 1000 Index ETF 0.1 5 55 4.3 -4.2
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 37 5.2 -3.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 49 4.2 -4.3
IYY iShares Dow Jones U.S. ETF 0.0 20 40 4.1 -4.4
IWB iShares Russell 1000 ETF 0.0 15 45 4.2 -4.3
VBK Vanguard Small-Cap Growth ETF 0.0 7 53 1.5 -7.0
AVUQ Avantis U.S. Quality ETF 0.0 15 45 3.5 -5.0
REVS Columbia Research Enhanced Value ETF 0.0 19 41 7.0 -1.5
VONE Vanguard Russell 1000 ETF 0.0 7 53 4.3 -4.2
HDV iShares Core High Dividend ETF 0.0 8 52 6.6 -1.8
JHML John Hancock Multifactor Large Cap ETF 0.0 29 31 4.7 -3.8
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 11 4.7 -3.8
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 56 6.0 -2.5
DSI iShares MSCI KLD 400 Social ETF 0.0 25 35 4.1 -4.4
RECS Columbia Research Enhanced Core ETF 0.0 15 45 5.0 -3.4
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 56 3.3 -5.1
SCHX Schwab U.S. Large-Cap ETF 0.0 3 57 4.3 -4.2
STXG Strive 1000 Growth ETF 0.0 18 42 3.1 -5.3

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 First Trust NASDAQ ABA Community Bank Index Fund
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.7 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 8.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.68 CATEGORY
AVERAGE		 1.58
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.