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First Trust NASDAQ ABA Community Bank Index Fund (...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US33736Q1040

CUSIP

33736Q104

Issuer

First Trust

Inception Date

Jun 29, 2009

Region

North America (U.S.)

Leveraged

1x

Index Tracked

NASDAQ OMX ABA Community Bank Index

Asset Class

Equity

Asset Class Size

Micro-Cap

Asset Class Style

Blend

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
QABA vs. FISVX QABA vs. QQQ QABA vs. FXAIX QABA vs. TIME
Popular comparisons:
QABA vs. FISVX QABA vs. QQQ QABA vs. FXAIX QABA vs. TIME

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust NASDAQ ABA Community Bank Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
30.51%
11.03%
QABA (First Trust NASDAQ ABA Community Bank Index Fund)
Benchmark (^GSPC)

Returns By Period

First Trust NASDAQ ABA Community Bank Index Fund had a return of 23.36% year-to-date (YTD) and 42.18% in the last 12 months. Over the past 10 years, First Trust NASDAQ ABA Community Bank Index Fund had an annualized return of 7.56%, while the S&P 500 had an annualized return of 11.10%, indicating that First Trust NASDAQ ABA Community Bank Index Fund did not perform as well as the benchmark.


QABA

YTD

23.36%

1M

8.96%

6M

30.51%

1Y

42.18%

5Y (annualized)

6.52%

10Y (annualized)

7.56%

^GSPC (Benchmark)

YTD

23.56%

1M

0.49%

6M

11.03%

1Y

30.56%

5Y (annualized)

13.70%

10Y (annualized)

11.10%

Monthly Returns

The table below presents the monthly returns of QABA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-6.11%-3.65%3.86%-5.54%2.84%2.73%19.53%-0.89%-2.40%2.08%23.36%
20231.56%0.43%-19.20%-6.65%-6.83%6.69%15.90%-7.81%-5.22%-3.25%10.95%17.66%-2.18%
2022-0.07%1.58%-5.81%-9.01%4.97%-6.81%8.93%-2.34%-4.24%11.61%1.69%-7.52%-9.01%
20213.10%15.44%6.94%1.38%2.75%-6.17%-3.71%3.87%2.20%3.52%-1.59%3.59%34.20%
2020-6.32%-11.13%-23.71%10.72%-2.05%0.82%-3.96%2.86%-8.32%14.65%13.36%9.22%-10.70%
201910.07%6.66%-8.20%6.77%-8.00%6.09%3.02%-7.61%5.64%2.38%3.07%3.08%22.85%
20183.15%-2.13%0.37%1.87%4.37%-2.50%0.73%2.36%-5.26%-9.07%3.88%-13.81%-16.47%
2017-2.05%2.17%-3.94%-0.51%-4.88%6.04%-0.77%-4.10%9.79%-0.13%3.10%-2.90%0.75%
2016-8.57%-3.14%6.84%5.39%2.89%-4.22%3.33%6.78%-1.22%0.55%19.22%7.01%37.40%
2015-9.81%7.43%3.18%0.08%2.48%6.30%-0.25%-4.99%1.87%2.81%7.01%-7.07%7.58%
2014-4.51%3.36%3.32%-6.68%-0.78%5.54%-4.75%2.11%-2.57%7.27%-1.95%3.51%2.79%
20134.95%1.90%5.09%-3.21%5.70%3.78%8.22%-4.73%2.87%5.01%7.11%0.81%43.51%

Expense Ratio

QABA features an expense ratio of 0.60%, falling within the medium range.


Expense ratio chart for QABA: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of QABA is 50, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of QABA is 5050
Combined Rank
The Sharpe Ratio Rank of QABA is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of QABA is 5757
Sortino Ratio Rank
The Omega Ratio Rank of QABA is 5353
Omega Ratio Rank
The Calmar Ratio Rank of QABA is 5151
Calmar Ratio Rank
The Martin Ratio Rank of QABA is 4040
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust NASDAQ ABA Community Bank Index Fund (QABA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for QABA, currently valued at 1.51, compared to the broader market0.002.004.001.512.51
The chart of Sortino ratio for QABA, currently valued at 2.38, compared to the broader market-2.000.002.004.006.008.0010.002.383.36
The chart of Omega ratio for QABA, currently valued at 1.29, compared to the broader market0.501.001.502.002.503.001.291.47
The chart of Calmar ratio for QABA, currently valued at 1.46, compared to the broader market0.005.0010.0015.001.463.62
The chart of Martin ratio for QABA, currently valued at 5.28, compared to the broader market0.0020.0040.0060.0080.00100.005.2816.12
QABA
^GSPC

The current First Trust NASDAQ ABA Community Bank Index Fund Sharpe ratio is 1.51. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of First Trust NASDAQ ABA Community Bank Index Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.51
2.51
QABA (First Trust NASDAQ ABA Community Bank Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust NASDAQ ABA Community Bank Index Fund provided a 2.23% dividend yield over the last twelve months, with an annual payout of $1.34 per share. The fund has been increasing its distributions for 2 consecutive years.


1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.34$1.35$1.11$0.99$1.14$1.01$0.82$0.75$0.59$0.54$0.47$0.37

Dividend yield

2.23%2.71%2.10%1.68%2.55%1.95%1.90%1.43%1.12%1.39%1.28%1.01%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust NASDAQ ABA Community Bank Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.27$0.00$0.00$0.43$0.00$0.00$0.28$0.00$0.00$0.98
2023$0.00$0.00$0.35$0.00$0.00$0.34$0.00$0.00$0.31$0.00$0.00$0.36$1.35
2022$0.00$0.00$0.27$0.00$0.00$0.27$0.00$0.00$0.29$0.00$0.00$0.28$1.11
2021$0.00$0.00$0.21$0.00$0.00$0.23$0.00$0.00$0.24$0.00$0.00$0.32$0.99
2020$0.00$0.00$0.27$0.00$0.00$0.33$0.00$0.00$0.26$0.00$0.00$0.29$1.14
2019$0.00$0.00$0.18$0.00$0.00$0.22$0.00$0.00$0.34$0.00$0.00$0.26$1.01
2018$0.00$0.00$0.14$0.00$0.00$0.17$0.00$0.00$0.16$0.00$0.00$0.35$0.82
2017$0.00$0.00$0.13$0.00$0.00$0.18$0.00$0.00$0.19$0.00$0.00$0.25$0.75
2016$0.00$0.00$0.14$0.00$0.00$0.15$0.00$0.00$0.14$0.00$0.00$0.16$0.59
2015$0.00$0.00$0.14$0.00$0.00$0.15$0.00$0.00$0.12$0.00$0.00$0.13$0.54
2014$0.00$0.00$0.09$0.00$0.00$0.14$0.00$0.00$0.11$0.00$0.00$0.14$0.47
2013$0.05$0.00$0.00$0.11$0.00$0.00$0.09$0.00$0.00$0.13$0.37

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.92%
-1.80%
QABA (First Trust NASDAQ ABA Community Bank Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust NASDAQ ABA Community Bank Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust NASDAQ ABA Community Bank Index Fund was 49.30%, occurring on Mar 23, 2020. Recovery took 233 trading sessions.

The current First Trust NASDAQ ABA Community Bank Index Fund drawdown is 2.92%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-49.3%Jun 11, 2018449Mar 23, 2020233Feb 24, 2021682
-42.93%Jan 18, 2022331May 11, 2023375Nov 6, 2024706
-32.59%Apr 26, 2010363Oct 3, 2011320Jan 22, 2013683
-22.48%Dec 2, 201549Feb 11, 2016139Aug 30, 2016188
-15.01%Mar 15, 202188Jul 19, 202174Nov 1, 2021162

Volatility

Volatility Chart

The current First Trust NASDAQ ABA Community Bank Index Fund volatility is 14.62%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
14.62%
4.06%
QABA (First Trust NASDAQ ABA Community Bank Index Fund)
Benchmark (^GSPC)