First Trust NASDAQ ABA Community Bank Index Fund (QABA)
QABA is a passive ETF by First Trust tracking the investment results of the NASDAQ OMX ABA Community Bank Index. QABA launched on Jun 29, 2009 and has a 0.60% expense ratio.
ETF Info
| ISIN | US33736Q1040 |
|---|---|
| CUSIP | 33736Q104 |
| Issuer | First Trust |
| Inception Date | Jun 29, 2009 |
| Region | North America (U.S.) |
| Category | Financials Equities |
| Index Tracked | NASDAQ OMX ABA Community Bank Index |
| Home Page | www.ftportfolios.com |
| Asset Class | Equity |
Asset Class Size | Micro-Cap |
Asset Class Style | Blend |
Expense Ratio
QABA has a high expense ratio of 0.60%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: QABA vs. FISVX, QABA vs. QQQ, QABA vs. FXAIX
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.
Returns By Period
First Trust NASDAQ ABA Community Bank Index Fund had a return of -4.85% year-to-date (YTD) and 27.36% in the last 12 months. Over the past 10 years, First Trust NASDAQ ABA Community Bank Index Fund had an annualized return of 5.53%, while the S&P 500 had an annualized return of 10.90%, indicating that First Trust NASDAQ ABA Community Bank Index Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -4.85% | 11.05% |
| 1 month | 10.74% | 4.86% |
| 6 months | 11.35% | 17.50% |
| 1 year | 27.36% | 27.37% |
| 5 years (annualized) | 2.28% | 13.14% |
| 10 years (annualized) | 5.53% | 10.90% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -6.11% | -3.65% | 3.86% | -5.54% | -4.85% | ||||||||
| 2023 | 1.56% | 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% |
| 2021 | 3.10% | 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% |
| 2019 | 10.07% | 6.66% | -8.20% | 6.77% | -8.00% | 6.09% | 3.02% | -7.61% | 5.64% | 2.38% | 3.07% | 3.08% | 22.85% |
| 2018 | 3.15% | -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% |
| 2013 | 4.95% | 1.90% | 5.09% | -3.21% | 5.70% | 3.78% | 8.22% | -4.73% | 2.87% | 5.01% | 7.11% | 0.81% | 43.51% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of QABA is 52, 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.
QABA (First Trust NASDAQ ABA Community Bank Index Fund)
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.
Dividends
Dividend History
First Trust NASDAQ ABA Community Bank Index Fund granted a 2.71% dividend yield in the last twelve months. The annual payout for that period amounted to $1.28 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.28 | $1.35 | $1.11 | $0.99 | $1.14 | $1.01 | $0.82 | $0.75 | $0.60 | $0.54 | $0.47 | $0.37 |
Dividend yield | 2.71% | 2.71% | 2.10% | 1.68% | 2.55% | 1.95% | 1.90% | 1.42% | 1.13% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | |||||||
| 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 | $0.22 | $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 | $0.60 |
| 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 | $0.13 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.14 | $0.47 |
| 2013 | $0.05 | $0.00 | $0.00 | $0.10 | $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.
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 21.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.3% | Jun 11, 2018 | 449 | Mar 23, 2020 | 233 | Feb 24, 2021 | 682 |
| -42.93% | Jan 18, 2022 | 331 | May 11, 2023 | — | — | — |
| -32.59% | Apr 26, 2010 | 363 | Oct 3, 2011 | 320 | Jan 22, 2013 | 683 |
| -22.48% | Dec 2, 2015 | 49 | Feb 11, 2016 | 139 | Aug 30, 2016 | 188 |
| -15.01% | Mar 15, 2021 | 88 | Jul 19, 2021 | 74 | Nov 1, 2021 | 162 |
Volatility
Volatility Chart
The current First Trust NASDAQ ABA Community Bank Index Fund volatility is 4.77%, 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.