First Trust NASDAQ ABA Community Bank Index Fund
ALTAR
Score™		 7.2% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 14.8x P/Sales
ratio		 4.0x
P/BV
ratio		 1.4x Div.
yield		 2.3%


  • 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) $93
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 162
Wgt avg mkt cap (mns) $2,731
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 4.2 %
COMMERCE BANCSHARES INC 3.4 %
CENTRAL BANCOMPANY, INC. 3.1 %
UNITED BANKSHARES INC 2.6 %
HANCOCK HOLDING CO 2.5 %
BANK OZK 2.2 %
EASTERN BANKSHARES, INC. 2.1 %
TFS FINANCIAL CORP 2.0 %
FIRST FINL BANKSHARES INC 2.0 %
INTERNATIONAL BANCSHARES CRP 1.9 %
Total 26.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.4 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
23.2% 30.8% 8.0% 8.2% 9.6%

Market Correlations
versus... Beta R-squared
S&P500 0.67 15%
MSCI EAFE 0.50 13%
MSCI Emg. Mkts. 0.14 3%

Technical Indicators
Recent close $69.02
30d moving avg. $66.79
Annualized volatility 28.5%
Short interest (ETF) 1.4%
Short interest (Underlying) 2.4%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.6%
Bid/Ask (% of price) 0.12%
ADV underlying (mns) $811

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 277 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™: 7.2%


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
(%)
KBE State Street SPDR S&P Bank ETF 32.9 35 25 8.1 +0.9
XSLV Invesco S&P SmallCap Low Volatility ETF 17.3 25 35 7.0 -0.2
PSCF Invesco S&P SmallCap Financials ETF 17.3 29 31 7.9 +0.7
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 16.8 12 48 3.2 -4.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 16.1 47 13 7.3 +0.1
IWC iShares Micro-Cap ETF 14.4 60 0 -1.4 -8.6
SMDV ProShares Russell 2000 Dividend Growers ETF 14.3 40 20 6.6 -0.6
DES WisdomTree U.S. SmallCap Dividend Fund 11.7 38 22 7.8 +0.6
SVAL iShares US Small Cap Value Factor ETF 11.7 20 40 6.9 -0.4
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 11.6 38 22 8.6 +1.4
GRPZ Invesco S&P SmallCap 600 GARP ETF 11.6 35 25 5.7 -1.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 11.4 35 25 8.6 +1.4
IWN iShares Russell 2000 Value ETF 11.2 24 36 4.6 -2.7
VTWV Vanguard Russell 2000 Value ETF 10.9 10 50 4.7 -2.5
XSVM Invesco S&P SmallCap Value with Momentum ETF 10.6 36 24 7.8 +0.6
AVSC Avantis U.S Small Cap Equity ETF 10.1 25 35 4.4 -2.8
FDM First Trust Dow Jones Select MicroCap Index Fund 9.9 60 0 6.7 -0.5
DFSV Dimensional US Small Cap Value ETF 9.5 31 29 8.5 +1.2
JPSV JPMorgan Active Small Cap Value ETF 9.2 74 -14 6.9 -0.3
FYT First Trust Small Cap Value AlphaDEX Fund 9.1 73 -13 9.2 +1.9
BFOR ALPS Barron's 400 ETF 8.8 65 -5 21.2 +14.0
EES WisdomTree U.S. SmallCap Fund 8.7 38 22 7.5 +0.3
FTXO First Trust Nasdaq Bank ETF 8.5 60 0 7.1 -0.1
AVUV Avantis U.S. Small Cap Value ETF 8.3 25 35 7.7 +0.5
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 8.0 40 20 6.5 -0.7
XMVM Invesco S&P MidCap Value with Momentum ETF 8.0 39 21 7.0 -0.2
OSCV Opus Small Cap Value ETF 7.8 79 -19 5.7 -1.5
DFAT Dimensional U.S. Targeted Value ETF 7.5 28 32 8.3 +1.1
SLYV State Street SPDR S&P 600 Small Cap Value ETF 7.3 15 45 8.7 +1.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 7.2 10 50 8.7 +1.5
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 7.0 39 21 3.4 -3.8
FYX First Trust Small Cap Core AlphaDEX Fund 6.9 61 -1 5.0 -2.2
ROSC Hartford Multifactor Small Cap ETF 6.7 34 26 6.9 -0.4
IJS iShares S&P Small-Cap 600 Value ETF 6.6 18 42 8.6 +1.4
SQLV Royce Quant Small-Cap Quality Value ETF 6.5 60 0 7.3 +0.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 6.5 35 25 6.7 -0.5
HAPS Harbor Human Capital Factor US Small Cap ETF 6.4 60 0 3.2 -4.0
ISMD Inspire Small/Mid Cap ETF 6.4 54 6 4.8 -2.4
GRPM Invesco S&P MidCap 400 GARP ETF 6.3 35 25 6.5 -0.7
RSSL Global X Russell 2000 ETF 6.3 8 52 2.6 -4.6
VFVA Vanguard U.S. Value Factor ETF 6.2 13 47 8.8 +1.6
IWM iShares Russell 2000 ETF 6.2 19 41 2.6 -4.7
TPSC Timothy Plan US Small Cap Core ETF 6.2 52 8 6.4 -0.8
SMCF Themes US Small Cap Cash Flow Champions ETF 5.9 29 31 9.3 +2.1
AFSM First Trust Active Factor Small Cap ETF 5.9 75 -15 5.5 -1.8
VFMF Vanguard U.S. Multifactor ETF 5.8 18 42 6.3 -0.9
IAT iShares U.S. Regional Banks ETF 5.6 40 20 7.6 +0.4
VTWO Vanguard Russell 2000 ETF 5.4 7 53 2.7 -4.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 5.3 20 40 3.9 -3.4
PEY Invesco High Yield Equity Dividend Achievers ETF 5.0 52 8 8.4 +1.2
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.7 3 57 6.1 -1.1
VIOO Vanguard S&P Small-Cap 600 ETF 4.7 7 53 5.9 -1.3
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 4.7 60 0 5.6 -1.6
DFAS Dimensional U.S. Small Cap ETF 4.7 26 34 5.4 -1.8
ISCV iShares Morningstar Small Cap Value ETF 4.7 6 54 7.4 +0.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.6 15 45 6.0 -1.3
XMLV Invesco S&P MidCap Low Volatility ETF 4.6 25 35 6.6 -0.6
PSC Principal U.S. Small-Cap ETF 4.5 38 22 3.5 -3.7
IJR iShares Core S&P Small Cap ETF 4.4 6 54 6.1 -1.2
XJR iShares ESG Screened S&P Small-Cap ETF 4.3 12 48 5.9 -1.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 4.2 9 51 3.6 -3.6
FESM Fidelity Enhanced Small Cap ETF 4.2 28 32 2.2 -5.0
STXK Strive Small-Cap ETF 4.1 18 42 5.0 -2.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 4.1 39 21 2.2 -5.0
DHS WisdomTree U.S. High Dividend Fund 4.0 38 22 7.9 +0.7
USVM VictoryShares US Small Mid Cap Value Momentum ETF 3.9 25 35 7.4 +0.2
FNDA Schwab Fundamental US Small Co. Index ETF 3.9 25 35 6.0 -1.3
TMDV ProShares Russell US Dividend Growers ETF 3.9 35 25 6.0 -1.2
PFI Invesco Dorsey Wright Financial Momentum ETF 3.8 60 0 4.5 -2.7
BKSE BNY Mellon US Small Cap Core Equity ETF 3.6 4 56 15.2 +8.0
SCHA Schwab U.S. Small-Cap ETF 3.5 4 56 4.4 -2.9
VFQY Vanguard U.S. Quality Factor ETF 3.4 13 47 5.3 -1.9
KBWD Invesco KBW High Dividend Yield Financial ETF 3.4 384 -324 18.2 +11.0
XSHQ Invesco S&P SmallCap Quality ETF 3.2 29 31 6.6 -0.6
JHSC John Hancock Multifactor Small Cap ETF 3.1 42 18 5.9 -1.4
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 3.0 55 5 8.5 +1.3
FLQS Franklin U.S. Small Cap Multifactor Index ETF 2.9 35 25 5.7 -1.5
SMMD iShares Russell 2500 ETF 2.9 15 45 5.4 -1.8
FSMD Fidelity Small-Mid Multifactor ETF 2.8 15 45 6.5 -0.7
ISCB iShares Morningstar Small-Cap ETF 2.7 4 56 5.3 -2.0
FXO First Trust Financials AlphaDEX Fund 2.7 62 -2 7.6 +0.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 2.7 29 31 6.3 -1.0
MGMT Ballast Small/Mid Cap ETF 2.7 110 -50 7.3 +0.1
TCV Towle Value ETF 2.7 85 -25 9.0 +1.7
SCDS JPMorgan Fundamental Data Science Small Core ETF 2.7 40 20 3.6 -3.7
AIRR First Trust RBA American Industrial Renaissance ETF 2.6 70 -10 3.8 -3.4
VXF Vanguard Extended Market ETF 2.6 5 55 3.7 -3.5
VBR Vanguard Small Cap Value ETF 2.6 7 53 7.6 +0.4
WDIV SPDR S&P Global Dividend ETF 2.5 40 20 8.8 +1.6
IJJ iShares S&P Mid-Cap 400 Value ETF 2.5 18 42 7.7 +0.5
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 2.5 15 45 7.7 +0.5
FAB First Trust Multi Cap Value AlphaDEX Fund 2.5 67 -7 8.2 +1.0
IVOV Vanguard S&P Mid-Cap 400 Value ETF 2.5 10 50 7.8 +0.6
ETHO Etho Climate Leadership U.S. ETF 2.4 47 13 4.1 -3.1
SMOX Horizon Small/Mid Cap Core Equity ETF 2.3 75 -15 5.2 -2.0
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.3 17 43 4.9 -2.3
VFH Vanguard Financials ETF 2.2 9 51 5.8 -1.4
FNK First Trust Mid Cap Value AlphaDEX Fund 2.1 70 -10 9.2 +2.0
WCEO Hypatia Women CEO ETF 2.1 85 -25 4.5 -2.7
FNCL Fidelity MSCI Financials Index ETF 2.1 8 52 5.8 -1.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.1 10 50 3.5 -3.7
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 2.1 15 45 3.5 -3.7
ASCE Allspring SMID Core ETF 2.1 38 22 2.9 -4.3
DXUV Dimensional US Vector Equity ETF 2.0 28 32 5.1 -2.1
IJT iShares S&P Small-Cap 600 Growth ETF 2.0 18 42 3.5 -3.7
DIV Global X SuperDividend US ETF 2.0 45 15 9.5 +2.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 2.0 24 36 5.9 -1.4
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.9 80 -20 6.6 -0.6
FNX First Trust Mid Cap Core AlphaDEX Fund 1.9 60 0 6.1 -1.1
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.9 60 0 -0.9 -8.1
BOUT Innovator IBD Breakout Opportunities ETF 1.9 81 -21 2.9 -4.3
RNMC First Trust Mid Cap US Equity Select ETF 1.8 60 0 6.6 -0.6
FFOX FundX Future Fund Opportunities ETF 1.8 100 -40 2.5 -4.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.8 56 4 9.4 +2.2
AFMC First Trust Active Factor Mid Cap ETF 1.8 65 -5 6.9 -0.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.8 39 21 6.9 -0.3
SMLF iShares U.S. SmallCap Equity Factor ETF 1.8 15 45 4.9 -2.3
WSML iShares MSCI World Small-Cap ETF 1.7 15 45 5.4 -1.9
RFV Invesco S&P Midcap 400 Pure Value ETF 1.7 35 25 10.7 +3.5
ALIL Argent Focused Small Cap ETF 1.6 74 -14 5.7 -1.5
VAMO Cambria Value & Momentum ETF 1.6 61 -1 5.2 -2.1
XJH iShares ESG Screened S&P Mid-Cap ETF 1.6 12 48 5.9 -1.3
VB Vanguard Small-Cap ETF 1.5 5 55 5.2 -2.1
EZM WisdomTree U.S. MidCap Fund 1.5 38 22 7.8 +0.6
FLV American Century Focused Large Cap Value ETF 1.5 42 18 5.7 -1.5
DBSC Deepwater Beachfront Small Cap ETF 1.5 85 -25 1.2 -6.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.5 35 25 2.9 -4.3
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.5 35 25 6.7 -0.5
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.5 15 45 6.1 -1.2
MDY SPDR S&P Midcap 400 ETF Trust 1.4 23 37 5.9 -1.3
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.4 60 0 4.9 -2.3
SCDV Bahl & Gaynor Small Cap Dividend ETF 1.4 70 -10 3.9 -3.3
FYC First Trust Small Cap Growth AlphaDEX Fund 1.4 71 -11 -0.6 -7.8
IJH iShares Core S&P Mid-Cap ETF 1.4 5 55 6.1 -1.2
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 1.4 3 57 6.1 -1.1
IVOO Vanguard S&P Mid-Cap 400 ETF 1.4 7 53 6.0 -1.2
DON WisdomTree U.S. MidCap Dividend Fund 1.4 38 22 7.9 +0.7
TMFS Motley Fool Small-Cap Growth ETF 1.3 85 -25 1.2 -6.0
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.3 15 45 6.7 -0.5
DEW WisdomTree Global High Dividend Fund 1.3 58 2 6.9 -0.3
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.3 35 25 6.3 -1.0
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.2 60 0 6.7 -0.5
SDIV Global X Superdividend ETF 1.2 58 2 13.7 +6.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 1.2 25 35 4.8 -2.4
IWO iShares Russell 2000 Growth ETF 1.1 24 36 0.5 -6.7
AZTD Aztlan Global Stock Selection DM SMID ETF 1.1 75 -15 4.1 -3.1
WBIY WBI Power Factor High Dividend ETF 1.1 100 -40 11.7 +4.5
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 1.1 27 33 6.3 -0.9
ARB AltShares Merger Arbitrage ETF 1.1 77 -17 2.7 -4.6
AUSF Global X Adaptive U.S. Factor ETF 1.1 27 33 7.9 +0.7
DFAC Dimensional U.S. Core Equity 2 ETF 1.0 17 43 4.6 -2.6
SDY State Street SPDR S&P Dividend ETF 1.0 35 25 6.0 -1.2
SYLD Cambria Shareholder Yield ETF 1.0 59 1 9.9 +2.7
XSMO Invesco S&P SmallCap Momentum ETF 1.0 39 21 3.6 -3.6
FSGS First Trust SMID Growth Strength ETF 1.0 60 0 4.8 -2.5
ISCG iShares Morningstar Small-Cap Growth ETF 0.9 6 54 2.7 -4.5
VTWG Vanguard Russell 2000 Growth ETF 0.9 10 50 0.6 -6.6
CVAR Cultivar ETF 0.9 87 -27 6.8 -0.4
FLRG Fidelity U.S. Multifactor ETF 0.8 15 45 5.8 -1.4
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.8 5 55 7.4 +0.2
EBI Longview Advantage ETF 0.8 35 25 5.8 -1.4
FVD First Trust Value Line Dividend Index Fund 0.8 65 -5 5.5 -1.7
DVY iShares Select Dividend ETF 0.8 38 22 7.8 +0.6
FSCS First Trust SMID Capital Strength ETF 0.8 60 0 6.9 -0.3
DFUV Dimensional US Marketwide Value ETF 0.8 22 38 5.9 -1.3
FLDZ RiverNorth Patriot ETF 0.8 75 -15 5.8 -1.4
DCOR Dimensional US Core Equity 1 ETF 0.7 14 46 4.6 -2.7
FDFF Fidelity Disruptive Finance ETF 0.7 50 10 5.2 -2.1
RWK Invesco S&P MidCap 400 Revenue ETF 0.7 39 21 7.5 +0.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.7 70 -10 2.1 -5.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 53 5.2 -2.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.6 21 39 3.0 -4.2
FQAL Fidelity Quality Factor ETF 0.6 15 45 4.8 -2.4
SCHD Schwab US Dividend Equity ETF 0.6 6 54 7.9 +0.7
DTD WisdomTree U.S. Total Dividend Fund 0.6 28 32 5.6 -1.6
DFSU Dimensional US Sustainability Core 1 ETF 0.6 18 42 4.6 -2.6
AVUS Avantis U.S. Equity ETF 0.6 15 45 4.7 -2.5
FVAL Fidelity Value Factor ETF 0.6 15 45 5.8 -1.4
AVSU Avantis Responsible U.S. Equity ETF 0.5 15 45 4.9 -2.3
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 56 5.9 -1.3
PKW Invesco Buyback Achievers ETF 0.5 62 -2 7.0 -0.2
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 23 5.4 -1.8
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.5 12 48 6.1 -1.1
FCPI Fidelity Stocks for Inflation ETF 0.5 15 45 5.9 -1.4
XMHQ Invesco S&P MidCap Quality ETF 0.5 25 35 5.8 -1.4
IYG iShares US Financial Services ETF 0.5 40 20 5.0 -2.3
SIXS ETC 6 Meridian Small Cap Equity ETF 0.5 89 -29 7.4 +0.2
VYM Vanguard High Dividend Yield Index ETF 0.5 6 54 6.0 -1.2
NUSC Nuveen ESG Small-Cap ETF 0.5 31 29 4.8 -2.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 64 -4 1.3 -5.9
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.5 79 -19 4.1 -3.2
VFMV Vanguard U.S. Minimum Volatility ETF 0.5 13 47 5.6 -1.6
AVMV Avantis U.S. Mid Cap Value ETF 0.5 20 40 7.2 -0.1
SIXL ETC 6 Meridian Low Beta Equity ETF 0.5 80 -20 5.8 -1.5
DFAU Dimensional US Core Equity Market ETF 0.4 12 48 4.3 -2.9
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.4 43 17 4.8 -2.4
IYF iShares U.S. Financials ETF 0.4 40 20 5.4 -1.8
RNSC Furst Trust Small Cap US Equity Select ETF 0.4 60 0 4.5 -2.7
STXM Strive Mid-Cap ETF 0.4 18 42 5.9 -1.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 56 16.9 +9.7
OPTZ Optimize Strategy Index ETF 0.4 50 10 3.5 -3.7
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 45 5.0 -2.2
GOP Unusual Whales Subversive Republican Trading ETF 0.4 50 10 4.2 -3.0
VUSE Vident U.S. Equity Strategy ETF 0.4 50 10 3.7 -3.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 40 6.1 -1.2
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.3 20 40 8.4 +1.2
PFM Invesco Dividend Achievers ETF 0.3 53 7 4.6 -2.6
CVY Invesco Zacks Multi-Asset Income ETF 0.3 106 -46 9.7 +2.4
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.3 10 50 4.2 -3.0
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.3 15 45 4.2 -3.0
IJK iShares S&P Mid-Cap 400 Growth ETF 0.3 17 43 4.2 -3.1
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.3 15 45 7.7 +0.5
DFUS Dimensional U.S. Equity ETF 0.3 9 51 4.1 -3.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 57 4.1 -3.1
VIG Vanguard Dividend Appreciation ETF 0.3 5 55 4.9 -2.3
JSML Janus Henderson Small Cap Growth Alpha ETF 0.3 30 30 2.7 -4.6
IWV iShares Russell 3000 ETF 0.3 20 40 4.0 -3.2
VTI Vanguard Total Stock Market ETF 0.3 3 57 4.1 -3.1
VTHR Vanguard Russell 3000 ETF 0.3 7 53 4.2 -3.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 35 6.0 -1.2
TDV ProShares S&P Technology Dividend Aristocrats ETF 0.3 45 15 5.0 -2.2
IWS iShares Russell Mid-Cap Value ETF 0.3 23 37 5.9 -1.4
JHMM John Hancock Multifactor Mid Cap ETF 0.3 42 18 5.4 -1.8
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.3 55 5 3.1 -4.1
FDL First Trust Morningstar Dividend Leaders Index Fund 0.3 45 15 8.9 +1.6
SCHB Schwab U.S. Broad Market ETF 0.2 3 57 4.2 -3.0
FDLS Inspire Fidelis Multi Factor ETF 0.2 76 -16 3.1 -4.1
AKAF The Frontier Economic Fund 0.2 20 40 5.3 -1.9
TEXN iShares Texas Equity ETF 0.2 20 40 5.2 -2.0
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 48 6.7 -0.5
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 30 7.4 +0.2
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 51 4.2 -3.1
AVMC Avantis U.S. Mid Cap Equity ETF 0.2 18 42 6.0 -1.2
TXS Texas Capital Texas Equity Index ETF 0.2 49 11 4.9 -2.3
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 40 7.1 -0.1
IWR iShares Russell Midcap ETF 0.2 19 41 5.3 -1.9
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.2 12 48 3.9 -3.3
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.2 3 57 4.4 -2.8
STXV Strive 1000 Value ETF 0.2 18 42 6.7 -0.5
SFGV Sequoia Global Value ETF 0.2 23 37 7.0 -0.2
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 47 1.8 -5.5
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 48 4.9 -2.3
IUSV iShares Core S&P US Value ETF 0.1 4 56 5.8 -1.5
DGRO iShares Core Dividend Growth ETF 0.1 8 52 5.4 -1.8
DIVB iShares Core Dividend ETF 0.1 5 55 6.5 -0.7
PRF Invesco FTSE RAFI US 1000 ETF 0.1 34 26 5.5 -1.7
VT Vanguard Total World Stock ETF 0.1 6 54 5.0 -2.2
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 40 5.9 -1.3
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 43 6.3 -0.9
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 42 5.3 -2.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 51 4.9 -2.4
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 45 5.7 -1.5
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 48 5.2 -2.1
GVLU Gotham 1000 Value ETF 0.1 50 10 7.9 +0.7
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 45 4.2 -3.0
VONV Vanguard Russell 1000 Value ETF 0.1 7 53 5.2 -2.0
IWD iShares Russell 1000 Value ETF 0.1 19 41 5.1 -2.1
SCHK Schwab 1000 Index ETF 0.1 5 55 4.3 -2.9
PTL Inspire 500 ETF 0.1 9 51 4.5 -2.7
AVUQ Avantis U.S. Quality ETF 0.1 15 45 3.7 -3.5
IYY iShares Dow Jones U.S. ETF 0.1 20 40 4.1 -3.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 49 4.2 -3.1
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -29 4.3 -2.9
IWB iShares Russell 1000 ETF 0.0 15 45 4.2 -3.0
VONE Vanguard Russell 1000 ETF 0.0 7 53 4.3 -3.0
REVS Columbia Research Enhanced Value ETF 0.0 19 41 6.4 -0.8
VBK Vanguard Small-Cap Growth ETF 0.0 7 53 1.3 -5.9
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 56 5.6 -1.6
STXD Strive 1000 Dividend Growth ETF 0.0 35 25 4.3 -2.9
JHML John Hancock Multifactor Large Cap ETF 0.0 29 31 4.5 -2.7
RECS Columbia Research Enhanced Core ETF 0.0 15 45 5.3 -1.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 31 5.6 -1.6
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 56 3.2 -4.0
SCHX Schwab U.S. Large-Cap ETF 0.0 3 57 4.3 -2.9
DSI iShares MSCI KLD 400 Social ETF 0.0 25 35 4.2 -3.1
STXG Strive 1000 Growth ETF 0.0 18 42 3.3 -3.9
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 37 5.3 -2.0

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

  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

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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 10.4 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 7.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.68 CATEGORY
AVERAGE		 1.57
 
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.