First Trust NASDAQ ABA Community Bank Index Fund
ALTAR
Score™
8.5% info Recommen-
dation
OVERWEIGHT
2022E    2023E
P/E
ratio
11.8x P/Sales
ratio
3.5x
P/BV
ratio
1.2x Div.
yield
2.6%


  • 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) $174
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 173
Wgt avg mkt cap (mns) $2,914
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 62.0%
Small cap (<$2bn) 37.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
COMMERCE BANCSHARES INC 3.4 %
SOUTH STATE CORP 2.7 %
PINNACLE FINANCIAL PARTNERS 2.5 %
VALLEY NATIONAL BANCORP 2.4 %
OLD NATL BANCORP/IN 2.3 %
UNITED BANKSHARES INC 2.3 %
WINTRUST FINANCIAL CORP 2.2 %
FIRST FINL BANKSHARES INC 2.2 %
BANK OZK 2.0 %
FIRST INTERSTATE BANCSYS/MT 1.9 %
Total 23.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.8 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.7% 1.9% 3.3% 10.5% 0.0%

Market Correlations
versus... Beta R-squared
S&P500 0.87 43%
MSCI EAFE 0.91 47%
MSCI Emg. Mkts. 0.74 35%

Technical Indicators
Recent close $56.95
30d moving avg. $55.98
Annualized volatility 27.7%
Short interest (ETF) 1.6%
Short interest (Underlying) 2.4%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 41
Turnover 1.3%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $886

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 284 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 47.5 35 25 8.8 +0.3
KRE SPDR S&P Regional Banking ETF 40.3 35 25 9.5 +1.0
KBE SPDR S&P Bank ETF 31.5 35 25 10.4 +1.9
SVAL iShares US Small Cap Value Factor ETF 31.0 20 40 10.4 +1.9
PSCF Invesco S&P SmallCap Financials ETF 30.1 29 31 10.0 +1.5
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 20.0 12 48 6.7 -1.8
AVSC Avantis U.S Small Cap Equity ETF 18.2 25 35 5.1 -3.4
XSLV Invesco S&P SmallCap Low Volatility ETF 18.0 25 35 7.2 -1.3
XSHQ Invesco S&P SmallCap Quality ETF 17.7 29 31 9.6 +1.1
DES WisdomTree U.S. SmallCap Dividend Fund 15.3 38 22 9.0 +0.4
IWN iShares Russell 2000 Value ETF 15.1 23 37 5.8 -2.8
VTWV Vanguard Russell 2000 Value Index Fund 15.0 15 45 5.9 -2.6
EES WisdomTree SmallCap Earnings Fund 14.8 38 22 10.3 +1.7
KSCD KFA Small Cap Quality Dividend Index ETF 14.7 51 9 6.0 -2.5
SMDV ProShares Russell 2000 Dividend Growers ETF 14.6 41 19 6.2 -2.3
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 14.0 35 25 8.4 -0.1
CSML IQ Chaikin U.S. Small Cap ETF 13.8 35 25 5.7 -2.8
AVUV Avantis U.S. Small Cap Value ETF 13.7 25 35 9.5 +1.0
TPSC Timothy Plan US Small Cap Core ETF 13.6 52 8 8.3 -0.2
DFSV Dimensional US Small Cap Value ETF 12.9 31 29 8.4 -0.2
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 12.6 19 41 8.1 -0.5
XSMO Invesco S&P SmallCap Momentum ETF 12.3 39 21 6.7 -1.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 12.0 39 21 7.4 -1.2
DFAT Dimensional U.S. Targeted Value ETF 12.0 29 31 8.5 -0.0
IWC iShares Micro-Cap ETF 11.1 60 0 -5.7 -14.2
ISCV iShares Morningstar Small Cap Value ETF 10.7 6 54 8.0 -0.5
XMHQ Invesco S&P MidCap Quality ETF 10.3 25 35 8.2 -0.4
SMLE Xtrackers S&P SmallCap 600 ESG ETF 10.2 15 45 7.9 -0.6
IJS iShares S&P Small-cap 600 Value ETF 10.1 18 42 7.8 -0.7
SLYV SPDR S&P 600 Small Cap Value ETF 10.1 15 45 7.9 -0.7
VIOV Vanguard S&P Small-Cap 600 Value ETF 10.1 15 45 7.7 -0.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 9.3 20 40 7.1 -1.4
FYT First Trust Small Cap Value AlphaDEX Fund 9.3 71 -11 12.3 +3.8
RNSC Small Cap US Equity Select ETF 9.2 60 0 8.5 +0.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 9.2 15 45 7.7 -0.8
ESIX SPDR S&P SmallCap 600 ESG ETF 9.2 12 48 8.1 -0.5
DFAS Dimensional U.S. Small Cap ETF 9.1 28 32 6.5 -2.0
XJR iShares ESG Screened S&P Small-Cap ETF 9.0 12 48 7.2 -1.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 8.5 9 51 4.4 -4.1
PFI Invesco DWA Financial Momentum ETF 8.5 60 0 6.7 -1.8
IAT iShares U.S. Regional Banks ETF 8.4 39 21 10.1 +1.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 8.3 5 55 7.7 -0.8
SLY SPDR S&P 600 Small Cap ETF 8.3 15 45 7.6 -1.0
VIOO Vanguard S&P Small-Cap 600 ETF 8.3 10 50 7.5 -1.0
IJR iShares Core S&P Small Cap ETF 8.3 6 54 7.6 -0.9
XMVM Invesco S&P MidCap Value with Momentum ETF 8.1 39 21 11.4 +2.9
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 8.1 35 25 9.0 +0.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 8.1 39 21 4.7 -3.8
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 8.1 41 19 6.3 -2.2
ROSC Hartford Multifactor Small Cap ETF 8.1 34 26 10.6 +2.1
IWM iShares Russell 2000 ETF 8.1 19 41 3.9 -4.6
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 8.1 108 -48 4.0 -4.5
VTWO Vanguard Russell 2000 Index Fund 8.0 10 50 4.0 -4.5
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 7.9 36 24 8.4 -0.1
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 7.6 80 -20 6.5 -2.0
PSC Principal U.S. Small Cap Index ETF 7.5 38 22 8.5 -0.0
FYX First Trust Small Cap Core AlphaDEX Fund 7.1 61 -1 8.4 -0.1
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 6.8 40 20 7.3 -1.2
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 6.8 38 22 9.3 +0.8
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 6.5 127 -67 1.8 -6.7
OSCV Opus Small Cap Value Plus ETF 6.5 79 -19 5.8 -2.8
VFVA Vanguard U.S. Value Factor ETF 6.5 13 47 11.8 +3.3
VFLQ Vanguard U.S. Liquidity Factor ETF 6.5 13 47 0.0 -8.5
NVQ QRAFT AI-Enhanced US Next Value ETF 6.5 75 -15 10.5 +2.0
FDM First Trust Dow Jones Select Microcap Index Fund 6.3 60 0 5.3 -3.2
RYLD Global X Russell 2000 Covered Call ETF 6.3 60 0 3.5 -5.0
IJT iShares S&P Small-Cap 600 Growth ETF 6.2 18 42 7.5 -1.0
SLYG SPDR S&P 600 Small Cap Growth ETF 6.2 15 45 7.6 -1.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 6.2 15 45 7.5 -1.0
ISMD Inspire Small/Mid Cap Impact ETF 6.2 48 12 6.4 -2.1
AIRR First Trust RBA American Industrial Renaissance ETF 6.1 70 -10 6.2 -2.3
SCHA Schwab U.S. Small-Cap ETF 6.1 4 56 5.1 -3.4
BFOR Barron's 400 ETF 6.0 65 -5 8.7 +0.2
ISCB iShares Morningstar Small-Cap ETF 6.0 4 56 4.7 -3.8
XMLV Invesco S&P MidCap Low Volatility ETF 6.0 25 35 6.6 -1.9
FSMD Fidelity Small-Mid Factor ETF 5.7 29 31 8.3 -0.3
VFMV Vanguard U.S. Minimum Volatility ETF 5.7 13 47 6.6 -2.0
FNDA Schwab Fundamental U.S. Small Co. Index ETF 5.6 25 35 6.5 -2.1
VBR Vanguard Small Cap Value Index Fund 5.5 7 53 8.2 -0.3
SIXL 6 Meridian Low Beta Equity Strategy ETF 5.4 82 -22 6.1 -2.4
XSVM Invesco S&P SmallCap Value with Momentum ETF 5.3 39 21 11.3 +2.8
VFMF Vanguard U.S. Multifactor ETF 5.3 18 42 9.2 +0.7
JHSC John Hancock Multifactor Small Cap ETF 5.2 42 18 6.4 -2.1
PBSM Invesco PureBeta MSCI USA Small Cap ETF 5.2 6 54 5.4 -3.1
RFV Invesco S&P Midcap 400 Pure Value ETF 5.2 35 25 10.1 +1.6
BKSE BNY Mellon US Small Cap Core Equity ETF 4.9 4 56 5.7 -2.9
AFSM First Trust Active Factor Small Cap ETF 4.8 75 -15 8.4 -0.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 4.7 29 31 7.4 -1.2
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 4.6 17 43 5.4 -3.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 4.6 24 36 8.1 -0.4
FNCL Fidelity MSCI Financials Index ETF 4.6 8 52 8.5 -0.1
XMMO Invesco S&P MidCap Momentum ETF 4.6 33 27 6.9 -1.6
RYJ Invesco Raymond James SB-1 Equity ETF 4.6 81 -21 3.7 -4.9
VFH Vanguard Financials Index Fund 4.5 10 50 8.5 -0.1
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 4.4 20 40 5.6 -2.9
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 4.4 35 25 8.0 -0.6
SQLV Legg Mason Small-Cap Quality Value 4.4 61 -1 11.1 +2.6
NUSC Nuveen ESG Small-Cap ETF 4.4 30 30 5.6 -2.9
EWMC Invesco S&P MidCap 400 Equal Weight ETF 4.3 40 20 7.3 -1.2
DWAS Invesco DWA SmallCap Momentum ETF 4.2 60 0 -0.1 -8.6
SIXS 6 Meridian Small Cap Equity ETF 4.2 100 -40 10.3 +1.8
PEY Invesco High Yield Equity Dividend Achievers ETF 4.2 53 7 8.5 -0.0
SDY SPDR S&P Dividend ETF 3.9 35 25 6.6 -1.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 3.9 15 45 8.1 -0.4
IJJ iShares S&P Mid-Cap 400 Value ETF 3.8 18 42 8.0 -0.5
MDYV SPDR S&P 400 Mid Cap Value ETF 3.8 15 45 8.1 -0.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 3.8 15 45 7.6 -1.0
XJH iShares ESG Screened S&P Mid-Cap ETF 3.8 12 48 7.5 -1.0
MIDE Xtrackers S&P MidCap 400 ESG ETF 3.8 15 45 8.1 -0.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 3.8 35 25 9.1 +0.6
VXF Vanguard Extended Market Index Fund 3.8 6 54 3.7 -4.8
RFG Invesco S&P Midcap 400 Pure Growth ETF 3.6 35 25 8.2 -0.3
MDY SPDR S&P Midcap 400 ETF Trust 3.5 22 38 7.3 -1.2
TMDV ProShares Russell US Dividend Growers ETF 3.5 36 24 5.9 -2.6
EZM WisdomTree U.S. MidCap Earnings Fund 3.5 38 22 10.1 +1.6
IJH iShares Core S&P Mid-Cap ETF 3.5 5 55 7.5 -1.0
SPMD SPDR Portfolio Mid Cap ETF 3.4 5 55 7.5 -1.0
IVOO Vanguard S&P Mid-Cap 400 ETF 3.4 10 50 7.5 -1.0
VB Vanguard Small-Cap ETF 3.4 5 55 5.6 -2.9
VFQY Vanguard U.S. Quality Factor ETF 3.3 13 47 8.2 -0.3
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 3.3 30 30 9.1 +0.6
DON WisdomTree U.S. MidCap Dividend Fund 3.2 38 22 8.5 +0.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 3.1 25 35 9.5 +1.0
FXO First Trust Financials AlphaDEX Fund 3.1 61 -1 10.9 +2.4
RNMC Mid Cap US Equity Select ETF 3.1 60 0 8.7 +0.2
IJK iShares S&P Mid-Cap 400 Growth ETF 3.0 17 43 6.9 -1.6
MDYG SPDR S&P 400 Mid Cap Growth ETF 3.0 15 45 6.9 -1.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 3.0 15 45 7.0 -1.5
FTQI First Trust Nasdaq BuyWrite Income ETF 3.0 85 -25 4.2 -4.4
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.9 35 25 8.8 +0.3
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 2.9 60 0 8.2 -0.3
VFMO Vanguard U.S. Momentum Factor ETF 2.8 13 47 2.9 -5.6
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 2.6 60 0 11.1 +2.6
FAB First Trust Multi Cap Value AlphaDEX Fund 2.6 69 -9 10.9 +2.4
FTXO First Trust Nasdaq Bank ETF 2.5 60 0 10.6 +2.1
DEEP Roundhill Acquirers Deep Value ETF 2.5 80 -20 16.7 +8.2
SYLD Cambria Shareholder Yield ETF 2.5 59 1 11.1 +2.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 2.5 7 53 5.7 -2.8
ETHO Etho Climate Leadership U.S. ETF 2.4 47 13 4.6 -3.9
FNK First Trust Mid Cap Value AlphaDEX Fund 2.4 70 -10 12.2 +3.7
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 2.4 25 35 6.5 -2.1
JSML Janus Henderson Small Cap Growth Alpha ETF 2.3 30 30 10.2 +1.7
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 2.3 60 0 7.6 -1.0
FNX First Trust Mid Cap Core AlphaDEX Fund 2.2 59 1 8.1 -0.4
BOUT Innovator IBD Breakout Opportunities ETF 2.1 80 -20 5.2 -3.3
AFMC First Trust Active Factor Mid Cap ETF 2.0 65 -5 9.0 +0.4
FOVL iShares Focused Value Factor ETF 2.0 25 35 11.3 +2.8
GLRY Inspire Faithward Mid Cap Momentum ESG ETF 2.0 80 -20 7.5 -1.0
RUFF Alpha Dog ETF 2.0 90 -30 5.7 -2.8
USVT US Value ETF 2.0 49 11 11.4 +2.8
JHMF John Hancock Multifactor Financials ETF 1.9 40 20 0.0 -8.5
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.9 70 -10 2.4 -6.1
FLDZ RiverNorth Volition America Patriot ETF 1.8 70 -10 5.5 -3.0
DFAC Dimensional U.S. Core Equity 2 ETF 1.8 19 41 6.7 -1.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.8 39 21 8.9 +0.4
SMDY Syntax Stratified MidCap ETF 1.7 35 25 7.2 -1.3
AVUS Avantis U.S. Equity ETF 1.7 15 45 7.0 -1.5
JSTC Adasina Social Justice All Cap Global ETF 1.7 89 -29 6.3 -2.2
FYC First Trust Small Cap Growth AlphaDEX Fund 1.6 70 -10 1.8 -6.7
LVHD Legg Mason Low Volatility High Dividend ETF 1.6 27 33 7.8 -0.7
DIV Global X SuperDividend US ETF 1.6 45 15 6.6 -1.9
SSLY Syntax Stratified SmallCap ETF 1.6 35 25 7.3 -1.3
SAMT Strategas Macro Thematic Opportunities ETF 1.5 65 -5 3.7 -4.8
DHS WisdomTree U.S. High Dividend Fund 1.5 38 22 8.2 -0.3
IYG iShares US Financial Services ETF 1.5 39 21 7.9 -0.6
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 1.4 21 39 4.5 -4.1
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 1.4 35 25 7.7 -0.8
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.4 64 -4 7.7 -0.8
HAPY Harbor Corporate Culture Leaders ETF 1.3 36 24 2.8 -5.7
DVY iShares Select Dividend ETF 1.3 39 21 9.0 +0.5
IWO iShares Russell 2000 Growth ETF 1.2 23 37 1.9 -6.6
BOSS Global X Founder-Run Companies ETF 1.2 45 15 2.7 -5.8
VTWG Vanguard Russell 2000 Growth Index Fund 1.2 15 45 2.0 -6.5
MGMT Ballast Small/Mid Cap ETF 1.2 110 -50 7.4 -1.2
HLGE Hartford Longevity Economy ETF 1.2 44 16 8.0 -0.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.2 30 30 9.0 +0.5
ISCG iShares Morningstar Small-Cap Growth ETF 1.2 6 54 1.3 -7.2
SFYX Sofi Next 500 ETF 1.1 0 60 6.0 -2.5
KBWD Invesco KBW High Dividend Yield Financial ETF 1.1 124 -64 11.7 +3.2
RWK Invesco S&P MidCap 400 Revenue ETF 1.0 39 21 9.7 +1.2
SCHM Schwab U.S. Mid-Cap ETF 1.0 4 56 6.1 -2.4
FDL First Trust Morningstar Dividend Leaders Index Fund 1.0 45 15 9.4 +0.9
VAMO Cambria Value & Momentum ETF 1.0 64 -4 9.5 +1.0
SCHD Schwab U.S. Dividend Equity ETF 1.0 6 54 8.7 +0.2
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.0 75 -15 9.2 +0.7
PWC Invesco Dynamic Market ETF 0.9 60 0 7.0 -1.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.9 63 -3 3.4 -5.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.9 52 8 7.7 -0.8
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 0.9 60 0 5.5 -3.1
PKW Invesco Buyback Achievers ETF 0.9 64 -4 8.5 -0.0
DFUV Dimensional US Marketwide Value ETF 0.8 23 37 8.5 -0.0
VYM Vanguard High Dividend Yield Index ETF 0.8 6 54 7.8 -0.7
IYF iShares U.S. Financials ETF 0.8 39 21 7.8 -0.7
KLCD KFA Large Cap Quality Dividend Index ETF 0.8 40 20 6.4 -2.1
VSDA VictoryShares Dividend Accelerator ETF 0.8 35 25 6.5 -2.0
DFAU Dimensional US Core Equity Market ETF 0.8 12 48 6.3 -2.2
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 0.8 29 31 7.8 -0.7
GVLU Gotham 1000 Value ETF 0.8 50 10 10.2 +1.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 57 3 13.5 +4.9
WDIV SPDR Global Dividend ETF 0.8 40 20 9.7 +1.2
VLU SPDR S&P 1500 Value Tilt ETF 0.7 12 48 8.1 -0.4
JHMM John Hancock Multifactor Mid Cap ETF 0.7 41 19 7.3 -1.3
WBIY WBI Power Factor High Dividend ETF 0.7 70 -10 11.9 +3.4
AIEQ AI Powered Equity ETF 0.7 75 -15 -1.8 -10.3
RFFC RiverFront Dynamic US Flex-Cap ETF 0.7 52 8 6.1 -2.4
ROUS Hartford Multifactor US Equity ETF 0.6 19 41 7.9 -0.6
CVY Invesco Zacks Multi-Asset Income ETF 0.6 100 -40 10.3 +1.8
VTI Vanguard Total Stock Market Index Fund 0.6 3 57 5.9 -2.6
SMMD iShares Russell 2500 ETF 0.6 15 45 5.8 -2.7
IWV iShares Russell 3000 ETF 0.6 20 40 5.8 -2.7
VTHR Vanguard Russell 3000 Index Fund 0.6 10 50 6.0 -2.6
TMFS Motley Fool Small Cap Growth ETF 0.6 85 -25 3.3 -5.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.6 3 57 5.9 -2.6
QLV FlexShares US Quality Low Volatility Index Fund 0.6 22 38 5.9 -2.6
DTD WisdomTree U.S.Total Dividend Fund 0.6 28 32 7.2 -1.3
PFM Invesco Dividend Achievers ETF 0.5 53 7 6.2 -2.3
SCHB Schwab U.S. Broad Market ETF 0.5 3 57 6.0 -2.5
DFUS Dimensional U.S. Equity ETF 0.5 11 49 6.2 -2.4
ESGV Vanguard ESG U.S. Stock ETF 0.5 9 51 6.2 -2.3
IWS iShares Russell Mid-Cap Value ETF 0.5 23 37 7.0 -1.5
VIG Vanguard Dividend Appreciation Index Fund 0.5 6 54 6.4 -2.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.5 12 48 6.2 -2.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 40 6.5 -2.0
DGRO iShares Core Dividend Growth ETF 0.5 8 52 7.5 -1.0
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.5 39 21 11.4 +2.9
WTV WisdomTree US Value Fund 0.5 12 48 9.2 +0.7
ROCI ROC ETF 0.5 49 11 5.1 -3.4
VBK Vanguard Small-Cap Growth Index Fund 0.4 7 53 1.4 -7.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.4 25 35 7.6 -1.0
LGLV SPDR Russell 1000 Low Volatility ETF 0.4 12 48 5.6 -2.9
JVAL JPMorgan U.S. Value Factor ETF 0.4 12 48 9.2 +0.7
DEW WisdomTree Global High Dividend Fund 0.4 58 2 9.9 +1.4
SPTM SPDR Portfolio Total Stock Market ETF 0.4 3 57 6.4 -2.1
ONEY SPDR Russell 1000 Yield Focus ETF 0.4 20 40 10.0 +1.5
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 21 7.6 -1.0
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -35 2.4 -6.1
IWR iShares Russell Midcap ETF 0.3 18 42 6.1 -2.5
JDIV JPMorgan U.S. Dividend ETF 0.3 12 48 0.0 -8.5
MCRX SNN MicroCap Research Index 0.3 0 60 -2.2 -10.7
VT Vanguard Total World Stock ETF 0.3 7 53 6.7 -1.8
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 48 6.8 -1.7
ETPA Ecofin Digital Payments Infrastructure Fund 0.2 40 20 7.6 -1.0
TDV ProShares S&P Technology Dividend Aristocrats ETF 0.2 46 14 7.2 -1.3
XSW SPDR S&P Software & Services ETF 0.2 35 25 3.7 -4.8
IUSV iShares Core S&P U.S. Value ETF 0.2 4 56 7.0 -1.5
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 40 7.9 -0.6
VNMC Natixis Vaughan Nelson Mid Cap ETF 0.2 85 -25 6.7 -1.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 40 8.4 -0.1
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 54 8.1 -0.4
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.2 17 43 7.9 -0.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 48 6.3 -2.2
IUSG iShares Core S&P US Growth ETF 0.2 4 56 6.2 -2.3
VONV Vanguard Russell 1000 Value Index Fund 0.2 8 52 7.4 -1.1
IWD iShares Russell 1000 Value ETF 0.2 18 42 7.2 -1.3
SCHK Schwab 1000 Index ETF 0.2 5 55 6.2 -2.4
GBDV Global Beta Smart Income ETF 0.2 29 31 0.0 -8.5
VDNI V-Shares US Leadership Diversity ETF 0.2 29 31 6.6 -1.9
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 45 8.7 +0.2
IYY iShares Dow Jones U.S. ETF 0.1 20 40 6.0 -2.5
RESP WisdomTree US ESG Fund of Benef Interest 0.1 28 32 7.3 -1.2
JMIN JPMorgan U.S. Minimum Volatility ETF 0.1 12 48 0.0 -8.5
REVS Columbia Research Enhanced Value ETF 0.1 19 41 8.9 +0.4
IMCB iShares Morningstar Mid-Cap ETF 0.1 4 56 6.4 -2.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.1 4 56 6.4 -2.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 31 7.5 -1.0
VONE Vanguard Russell 1000 ETF 0.1 8 52 6.1 -2.4
IWB iShares Russell 1000 ETF 0.1 15 45 6.1 -2.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 49 6.1 -2.4
DSI iShares MSCI KLD 400 Social ETF 0.1 25 35 6.3 -2.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 40 6.0 -2.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 46 6.2 -2.3
RECS Columbia Research Enhanced Core ETF 0.0 15 45 7.1 -1.5
JHML John Hancock Multifactor Large Cap ETF 0.0 29 31 6.5 -2.0
ILCV iShares Morningstar Value ETF 0.0 4 56 7.5 -1.0
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 56 7.3 -1.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 51 6.4 -2.1
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 57 6.2 -2.3
SCHX Schwab U.S. Large-Cap ETF 0.0 3 57 6.2 -2.3
HKND Humankind US Stock ETF 0.0 11 49 7.6 -0.9
VUSE Vident Core US Equity Fund 0.0 50 10 10.4 +1.9
VGT Vanguard Information Technology Index Fund 0.0 10 50 6.1 -2.4
FTEC Fidelity MSCI Information Technology Index ETF 0.0 8 52 6.1 -2.4
TECB iShares US Tech Breakthrough Multisector ETF 0.0 40 20 6.1 -2.4
ARB AltShares Merger Arbitrage ETF -0.5 67 -7 7.4 -1.2

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%.

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RESULTS & ESTIMATES

  2017 2018 2019 2020 2021 2022E 2023E
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

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VALUATION METRICS
  2021 2022E 2023E
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:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.2 %
Divided by: Fwd. P/BV 1.1 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
1.59 CATEGORY
AVERAGE
1.50
 
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.