First Trust NASDAQ ABA Community Bank Index Fund
ALTAR
Score™		 7.8% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 13.1x P/Sales
ratio		 3.7x
P/BV
ratio		 1.3x 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) $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 151
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 4.8 %
COMMERCE BANCSHARES INC 3.4 %
UNITED BANKSHARES INC 2.8 %
HANCOCK HOLDING CO 2.7 %
BANK OZK 2.5 %
EASTERN BANKSHARES, INC. 2.3 %
FIRST FINL BANKSHARES INC 2.2 %
TEXAS CAPITAL BANCSHARES INC 2.1 %
INTERNATIONAL BANCSHARES CRP 2.0 %
INDEPENDENT BANK CORP/MA 1.9 %
Total 26.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.4 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
6.1% 6.4% 7.9% 7.6% 8.8%

Market Correlations
versus... Beta R-squared
S&P500 0.84 40%
MSCI EAFE 0.79 26%
MSCI Emg. Mkts. 0.57 16%

Technical Indicators
Recent close $62.40
30d moving avg. $59.33
Annualized volatility 28.5%
Short interest (ETF) 1.4%
Short interest (Underlying) 2.4%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.8%
Bid/Ask (% of price) 0.16%
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™: 7.8%


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
(%)
KRE State Street SPDR S&P Regional Banking ETF 34.9 35 25 8.2 +0.4
KBE State Street SPDR S&P Bank ETF 30.9 35 25 8.3 +0.4
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 16.3 12 48 6.5 -1.4
PSCF Invesco S&P SmallCap Financials ETF 15.8 29 31 8.4 +0.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 15.4 47 13 7.6 -0.2
SMDV ProShares Russell 2000 Dividend Growers ETF 13.8 40 20 6.6 -1.3
DES WisdomTree U.S. SmallCap Dividend Fund 13.8 38 22 7.7 -0.2
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 12.3 35 25 8.1 +0.2
JPSV JPMorgan Active Small Cap Value ETF 11.5 74 -14 7.4 -0.4
XSVM Invesco S&P SmallCap Value with Momentum ETF 11.4 36 24 8.9 +1.1
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 11.4 38 22 8.1 +0.3
AVSC Avantis U.S Small Cap Equity ETF 10.8 25 35 4.4 -3.5
FYT First Trust Small Cap Value AlphaDEX Fund 10.6 73 -13 9.7 +1.8
IWC iShares Micro-Cap ETF 10.4 60 0 -1.3 -9.1
SVAL iShares US Small Cap Value Factor ETF 9.7 20 40 7.5 -0.3
FDM First Trust Dow Jones Select MicroCap Index Fund 9.7 60 0 6.7 -1.1
IWN iShares Russell 2000 Value ETF 9.6 24 36 5.5 -2.3
VTWV Vanguard Russell 2000 Value ETF 9.5 10 50 5.6 -2.2
EES WisdomTree U.S. SmallCap Fund 8.8 38 22 7.5 -0.4
DFSV Dimensional US Small Cap Value ETF 8.7 31 29 8.6 +0.8
XSLV Invesco S&P SmallCap Low Volatility ETF 8.6 25 35 7.4 -0.4
AVUV Avantis U.S. Small Cap Value ETF 8.6 25 35 8.0 +0.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 8.4 39 21 4.2 -3.6
OSCV Opus Small Cap Value ETF 8.3 79 -19 5.8 -2.0
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 8.0 40 20 6.3 -1.5
FYX First Trust Small Cap Core AlphaDEX Fund 7.8 61 -1 4.8 -3.0
DFAT Dimensional U.S. Targeted Value ETF 7.5 28 32 8.3 +0.5
CSA VictoryShares US Small Cap Volatility Wtd ETF 7.5 35 25 6.9 -1.0
ROSC Hartford Multifactor Small Cap ETF 7.3 34 26 7.7 -0.2
TPSC Timothy Plan US Small Cap Core ETF 7.3 52 8 5.9 -1.9
BFOR ALPS Barron's 400 ETF 7.2 65 -5 4.9 -3.0
ISMD Inspire Small/Mid Cap ETF 7.0 54 6 4.5 -3.4
IJS iShares S&P Small-Cap 600 Value ETF 7.0 18 42 8.3 +0.5
XMVM Invesco S&P MidCap Value with Momentum ETF 6.9 39 21 8.1 +0.3
FTXO First Trust Nasdaq Bank ETF 6.7 60 0 7.2 -0.7
VIOV Vanguard S&P Small-Cap 600 Value ETF 6.6 10 50 8.2 +0.4
SQLV Royce Quant Small-Cap Quality Value ETF 6.6 60 0 8.2 +0.4
SLYV State Street SPDR S&P 600 Small Cap Value ETF 6.5 15 45 8.3 +0.5
GRPM Invesco S&P MidCap 400 GARP ETF 6.4 35 25 7.0 -0.9
SMCF Themes US Small Cap Cash Flow Champions ETF 6.3 29 31 10.0 +2.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 5.8 20 40 4.7 -3.1
PEY Invesco High Yield Equity Dividend Achievers ETF 5.7 52 8 8.5 +0.7
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 5.7 60 0 5.7 -2.1
RSSL Global X Russell 2000 ETF 5.6 8 52 3.1 -4.7
AFSM First Trust Active Factor Small Cap ETF 5.6 75 -15 6.4 -1.4
IWM iShares Russell 2000 ETF 5.5 19 41 3.1 -4.7
VTWO Vanguard Russell 2000 ETF 5.4 7 53 3.2 -4.6
IAT iShares U.S. Regional Banks ETF 5.2 40 20 7.7 -0.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 5.2 9 51 3.5 -4.4
VFVA Vanguard U.S. Value Factor ETF 5.1 13 47 9.0 +1.2
XJR iShares ESG Screened S&P Small-Cap ETF 5.0 12 48 6.4 -1.4
VFMF Vanguard U.S. Multifactor ETF 4.9 18 42 6.4 -1.4
DFAS Dimensional U.S. Small Cap ETF 4.9 26 34 5.6 -2.2
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 4.8 12 48 6.9 -0.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 4.7 39 21 2.7 -5.2
IJR iShares Core S&P Small Cap ETF 4.7 6 54 6.5 -1.4
STXK Strive Small-Cap ETF 4.6 18 42 5.2 -2.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.6 15 45 6.5 -1.3
VIOO Vanguard S&P Small-Cap 600 ETF 4.4 7 53 6.5 -1.4
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.4 3 57 6.5 -1.3
FESM Fidelity Enhanced Small Cap ETF 4.3 28 32 2.8 -5.1
ISCV iShares Morningstar Small Cap Value ETF 4.1 6 54 7.3 -0.5
GRPZ Invesco S&P SmallCap 600 GARP ETF 4.0 35 25 6.2 -1.6
XSHQ Invesco S&P SmallCap Quality ETF 3.9 29 31 6.6 -1.3
FXO First Trust Financials AlphaDEX Fund 3.8 62 -2 7.4 -0.4
DHS WisdomTree U.S. High Dividend Fund 3.8 38 22 6.7 -1.1
SCDS JPMorgan Fundamental Data Science Small Core ETF 3.8 40 20 4.1 -3.8
SCHA Schwab U.S. Small-Cap ETF 3.8 4 56 4.8 -3.0
ETHO Etho Climate Leadership U.S. ETF 3.7 47 13 4.6 -3.2
KBWD Invesco KBW High Dividend Yield Financial ETF 3.7 384 -324 13.6 +5.7
FNDA Schwab Fundamental US Small Co. Index ETF 3.6 25 35 6.4 -1.4
TMDV ProShares Russell US Dividend Growers ETF 3.6 35 25 5.9 -2.0
BKSE BNY Mellon US Small Cap Core Equity ETF 3.6 4 56 5.0 -2.8
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 3.5 60 0 -0.9 -8.7
FSMD Fidelity Small-Mid Multifactor ETF 3.5 15 45 6.0 -1.9
AIRR First Trust RBA American Industrial Renaissance ETF 3.4 70 -10 3.4 -4.4
PSC Principal U.S. Small-Cap ETF 3.4 38 22 5.9 -1.9
RNMC First Trust Mid Cap US Equity Select ETF 3.2 60 0 5.8 -2.0
FSCS First Trust SMID Capital Strength ETF 3.2 60 0 6.1 -1.8
FAB First Trust Multi Cap Value AlphaDEX Fund 3.1 67 -7 8.3 +0.4
SMAP Amplify Small-Mid Cap Equity ETF 3.0 60 0 4.7 -3.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 3.0 29 31 6.8 -1.1
FNK First Trust Mid Cap Value AlphaDEX Fund 2.9 70 -10 9.0 +1.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.9 35 25 3.0 -4.9
FLQS Franklin U.S. Small Cap Multifactor Index ETF 2.8 35 25 6.4 -1.4
JHSC John Hancock Multifactor Small Cap ETF 2.7 42 18 5.6 -2.3
MGMT Ballast Small/Mid Cap ETF 2.7 110 -50 6.5 -1.4
ISCB iShares Morningstar Small-Cap ETF 2.7 4 56 5.0 -2.8
VFQY Vanguard U.S. Quality Factor ETF 2.6 13 47 5.3 -2.5
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 2.6 55 5 8.9 +1.1
IJJ iShares S&P Mid-Cap 400 Value ETF 2.6 18 42 7.4 -0.4
VBR Vanguard Small Cap Value ETF 2.6 7 53 7.6 -0.2
FYC First Trust Small Cap Growth AlphaDEX Fund 2.6 71 -11 -1.3 -9.1
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 2.5 15 45 7.4 -0.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 2.5 52 8 5.5 -2.3
IVOV Vanguard S&P Mid-Cap 400 Value ETF 2.5 10 50 7.6 -0.3
VXF Vanguard Extended Market ETF 2.5 5 55 3.9 -3.9
WDIV SPDR S&P Global Dividend ETF 2.4 40 20 7.8 -0.0
IJT iShares S&P Small-Cap 600 Growth ETF 2.4 18 42 4.5 -3.3
RNSC Furst Trust Small Cap US Equity Select ETF 2.4 60 0 4.5 -3.4
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 2.3 15 45 4.6 -3.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.3 17 43 5.1 -2.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.2 10 50 4.7 -3.2
SMLF iShares U.S. SmallCap Equity Factor ETF 2.2 15 45 5.2 -2.6
VFH Vanguard Financials ETF 2.1 9 51 6.0 -1.9
WCEO Hypatia Women CEO ETF 2.0 85 -25 2.8 -5.0
DXUV Dimensional US Vector Equity ETF 2.0 28 32 5.2 -2.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 2.0 24 36 6.3 -1.6
TCV Towle Value ETF 2.0 85 -25 9.2 +1.4
AFMC First Trust Active Factor Mid Cap ETF 1.9 65 -5 6.8 -1.1
DIV Global X SuperDividend US ETF 1.8 45 15 9.8 +2.0
VAMO Cambria Value & Momentum ETF 1.8 61 -1 5.3 -2.5
MBOX Freedom Day Dividend ETF 1.8 39 21 6.5 -1.4
FNCL Fidelity MSCI Financials Index ETF 1.8 8 52 6.0 -1.9
PFI Invesco Dorsey Wright Financial Momentum ETF 1.8 60 0 4.4 -3.4
FNX First Trust Mid Cap Core AlphaDEX Fund 1.8 60 0 5.8 -2.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.7 39 21 8.1 +0.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.7 56 4 9.2 +1.4
XJH iShares ESG Screened S&P Mid-Cap ETF 1.7 12 48 6.0 -1.8
HAPS Harbor Human Capital Factor US Small Cap ETF 1.7 60 0 3.4 -4.5
FFOX FundX Future Fund Opportunities ETF 1.6 100 -40 2.7 -5.1
CVY Invesco Zacks Multi-Asset Income ETF 1.6 106 -46 10.0 +2.2
FSGS First Trust SMID Growth Strength ETF 1.6 60 0 4.6 -3.3
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.5 15 45 6.1 -1.7
VB Vanguard Small-Cap ETF 1.5 5 55 5.2 -2.7
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.5 60 0 4.0 -3.8
MDY SPDR S&P Midcap 400 ETF Trust 1.5 24 36 5.9 -1.9
IJH iShares Core S&P Mid-Cap ETF 1.5 5 55 6.1 -1.7
EZM WisdomTree U.S. MidCap Fund 1.5 38 22 7.4 -0.4
IWO iShares Russell 2000 Growth ETF 1.5 24 36 0.7 -7.2
VTWG Vanguard Russell 2000 Growth ETF 1.5 10 50 0.8 -7.0
IVOO Vanguard S&P Mid-Cap 400 ETF 1.4 7 53 6.1 -1.7
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 1.4 3 57 6.1 -1.7
WBIY WBI Power Factor High Dividend ETF 1.4 100 -40 11.4 +3.6
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.4 80 -20 6.5 -1.3
XSMO Invesco S&P SmallCap Momentum ETF 1.3 39 21 3.7 -4.1
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.3 60 0 5.3 -2.5
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.3 35 25 8.2 +0.4
TMFS Motley Fool Small-Cap Growth ETF 1.3 85 -25 2.4 -5.5
DON WisdomTree U.S. MidCap Dividend Fund 1.3 38 22 7.8 -0.0
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.3 25 35 6.6 -1.2
COPY Tweedy, Browne Insider + Value ETF 1.2 80 -20 9.6 +1.8
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.2 35 25 6.1 -1.8
AZTD Aztlan Global Stock Selection DM SMID ETF 1.2 75 -15 5.1 -2.7
SCDV Bahl & Gaynor Small Cap Dividend ETF 1.2 70 -10 3.8 -4.0
DEW WisdomTree Global High Dividend Fund 1.2 58 2 7.0 -0.8
FFSM Fidelity Fundamental Small-Mid Cap ETF 1.2 43 17 4.9 -2.9
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 54 2.5 -5.3
SDIV Global X Superdividend ETF 1.1 58 2 14.7 +6.8
VSDA VictoryShares Dividend Accelerator ETF 1.1 35 25 6.1 -1.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 1.1 25 35 4.7 -3.1
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.1 15 45 6.7 -1.1
SCHD Schwab US Dividend Equity ETF 1.1 6 54 8.1 +0.2
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 1.1 27 33 6.2 -1.6
XMLV Invesco S&P MidCap Low Volatility ETF 1.0 25 35 6.6 -1.2
DFAC Dimensional U.S. Core Equity 2 ETF 1.0 17 43 4.7 -3.2
AUSF Global X Adaptive U.S. Factor ETF 1.0 27 33 7.7 -0.2
SYLD Cambria Shareholder Yield ETF 1.0 59 1 10.3 +2.5
FDFF Fidelity Disruptive Finance ETF 0.9 50 10 4.4 -3.4
SDY State Street SPDR S&P Dividend ETF 0.9 35 25 5.7 -2.1
NUSC Nuveen ESG Small-Cap ETF 0.9 31 29 4.4 -3.4
VFMO Vanguard U.S. Momentum Factor ETF 0.9 13 47 2.5 -5.4
CVAR Cultivar ETF 0.8 87 -27 6.6 -1.2
DFUV Dimensional US Marketwide Value ETF 0.8 22 38 6.2 -1.7
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.8 5 55 6.7 -1.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.8 7 53 4.9 -2.9
SFYX SoFi Next 500 ETF 0.8 0 60 5.0 -2.8
FLDZ RiverNorth Patriot ETF 0.8 75 -15 5.6 -2.2
RFV Invesco S&P Midcap 400 Pure Value ETF 0.8 35 25 11.2 +3.4
DCOR Dimensional US Core Equity 1 ETF 0.7 14 46 4.6 -3.2
RWK Invesco S&P MidCap 400 Revenue ETF 0.7 39 21 7.9 +0.1
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.7 55 5 3.3 -4.5
VFMV Vanguard U.S. Minimum Volatility ETF 0.6 13 47 5.2 -2.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.6 21 39 3.2 -4.7
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.6 56 4 5.6 -2.2
DFSU Dimensional US Sustainability Core 1 ETF 0.6 18 42 4.6 -3.2
DTD WisdomTree U.S. Total Dividend Fund 0.6 28 32 5.4 -2.4
DVY iShares Select Dividend ETF 0.6 38 22 7.8 -0.1
SCHM Schwab U.S. Mid-Cap ETF 0.6 4 56 5.9 -2.0
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.6 79 -19 4.9 -2.9
JSML Janus Henderson Small Cap Growth Alpha ETF 0.6 30 30 7.1 -0.7
XMHQ Invesco S&P MidCap Quality ETF 0.5 25 35 5.7 -2.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 64 -4 0.9 -6.9
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 23 5.2 -2.6
AVSU Avantis Responsible U.S. Equity ETF 0.5 15 45 5.0 -2.8
AVUS Avantis U.S. Equity ETF 0.5 15 45 4.9 -3.0
AVMV Avantis U.S. Mid Cap Value ETF 0.5 20 40 7.2 -0.6
FQAL Fidelity Quality Factor ETF 0.5 15 45 4.8 -3.0
IYG iShares US Financial Services ETF 0.5 40 20 5.1 -2.8
EBI Longview Advantage ETF 0.5 35 25 5.6 -2.3
FCPI Fidelity Stocks for Inflation ETF 0.5 15 45 6.8 -1.1
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.5 12 48 6.3 -1.6
VYM Vanguard High Dividend Yield Index ETF 0.4 6 54 6.0 -1.9
STXM Strive Mid-Cap ETF 0.4 18 42 5.3 -2.5
IYF iShares U.S. Financials ETF 0.4 40 20 5.6 -2.3
FVD First Trust Value Line Dividend Index Fund 0.4 65 -5 5.4 -2.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 56 5.0 -2.8
DFAU Dimensional US Core Equity Market ETF 0.4 12 48 4.4 -3.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 45 5.2 -2.7
IJK iShares S&P Mid-Cap 400 Growth ETF 0.4 17 43 4.7 -3.1
SMMD iShares Russell 2500 ETF 0.4 15 45 5.7 -2.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.4 10 50 4.9 -2.9
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.4 15 45 7.5 -0.3
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -29 4.2 -3.7
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.3 15 45 4.8 -3.1
PFM Invesco Dividend Achievers ETF 0.3 53 7 4.5 -3.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.3 30 30 5.7 -2.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 40 6.1 -1.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 57 4.2 -3.6
VIG Vanguard Dividend Appreciation ETF 0.3 5 55 4.8 -3.0
DFUS Dimensional U.S. Equity ETF 0.3 9 51 4.2 -3.7
VTHR Vanguard Russell 3000 ETF 0.3 7 53 4.2 -3.6
IWV iShares Russell 3000 ETF 0.3 20 40 4.1 -3.8
VTI Vanguard Total Stock Market ETF 0.3 3 57 4.2 -3.6
TEXN iShares Texas Equity ETF 0.3 20 40 5.1 -2.7
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 35 6.1 -1.7
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.3 39 21 10.1 +2.3
TDV ProShares S&P Technology Dividend Aristocrats ETF 0.3 45 15 5.0 -2.8
IWS iShares Russell Mid-Cap Value ETF 0.3 23 37 6.1 -1.8
LGLV State Street SPDR US Large Cap Low Volatility Index ETF 0.3 12 48 5.3 -2.6
SFGV Sequoia Global Value ETF 0.3 23 37 7.0 -0.8
OPTZ Optimize Strategy Index ETF 0.3 50 10 4.1 -3.8
FDL First Trust Morningstar Dividend Leaders Index Fund 0.3 45 15 8.7 +0.8
FDLS Inspire Fidelis Multi Factor ETF 0.3 76 -16 3.9 -3.9
SCHB Schwab U.S. Broad Market ETF 0.3 3 57 4.3 -3.5
JHMM John Hancock Multifactor Mid Cap ETF 0.3 42 18 5.3 -2.6
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 48 6.8 -1.1
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.2 20 40 8.6 +0.7
AVMC Avantis U.S. Mid Cap Equity ETF 0.2 18 42 5.8 -2.1
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 51 4.2 -3.6
GOP Unusual Whales Subversive Republican Trading ETF 0.2 50 10 4.5 -3.3
AKAF The Frontier Economic Fund 0.2 20 40 5.2 -2.6
PKW Invesco Buyback Achievers ETF 0.2 62 -2 7.0 -0.8
LQPE PEO AlphaQuest Thematic PE ETF 0.2 125 -65 6.3 -1.5
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 30 7.0 -0.8
IWR iShares Russell Midcap ETF 0.2 19 41 5.4 -2.5
TXS Texas Capital Texas Equity Index ETF 0.2 49 11 5.0 -2.8
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.2 3 57 4.4 -3.4
STXV Strive 1000 Value ETF 0.2 18 42 6.8 -1.1
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 48 5.1 -2.7
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 21 5.7 -2.1
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 45 6.3 -1.6
IUSV iShares Core S&P US Value ETF 0.1 4 56 5.6 -2.3
DGRO iShares Core Dividend Growth ETF 0.1 8 52 5.6 -2.2
STXD Strive 1000 Dividend Growth ETF 0.1 35 25 4.3 -3.5
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 48 3.4 -4.5
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 40 5.6 -2.3
DIVB iShares Core Dividend ETF 0.1 5 55 7.0 -0.8
VT Vanguard Total World Stock ETF 0.1 6 54 5.0 -2.8
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 43 5.8 -2.0
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 40 7.0 -0.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 51 4.8 -3.1
IWD iShares Russell 1000 Value ETF 0.1 19 41 5.4 -2.4
VONV Vanguard Russell 1000 Value ETF 0.1 7 53 5.6 -2.3
GVLU Gotham 1000 Value ETF 0.1 50 10 8.0 +0.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 48 5.6 -2.3
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 45 4.2 -3.6
ROUS Hartford Multifactor US Equity ETF 0.1 19 41 5.9 -1.9
PTL Inspire 500 ETF 0.1 9 51 4.6 -3.2
SCHK Schwab 1000 Index ETF 0.1 5 55 4.3 -3.5
IYY iShares Dow Jones U.S. ETF 0.1 20 40 4.1 -3.7
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 37 5.2 -2.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 49 4.3 -3.6
IWB iShares Russell 1000 ETF 0.0 15 45 4.2 -3.6
VONE Vanguard Russell 1000 ETF 0.0 7 53 4.3 -3.5
VBK Vanguard Small-Cap Growth ETF 0.0 7 53 1.5 -6.3
REVS Columbia Research Enhanced Value ETF 0.0 19 41 6.8 -1.1
AVUQ Avantis U.S. Quality ETF 0.0 15 45 3.6 -4.2
HDV iShares Core High Dividend ETF 0.0 8 52 5.8 -2.0
JHML John Hancock Multifactor Large Cap ETF 0.0 29 31 4.6 -3.2
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 11 4.8 -3.1
DSI iShares MSCI KLD 400 Social ETF 0.0 25 35 4.2 -3.7
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 56 5.7 -2.2
RECS Columbia Research Enhanced Core ETF 0.0 15 45 5.1 -2.7
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 56 3.5 -4.4
SCHX Schwab U.S. Large-Cap ETF 0.0 3 57 4.3 -3.5
STXG Strive 1000 Growth ETF 0.0 18 42 3.3 -4.6

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 10.7 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 7.8 %
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.