QABA Alternatives & Similar ETFs

First Trust NASDAQ ABA Community Bank Index Fund (QABA) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QABA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to QABA

QABA charges 0.60% annually. There are 28 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
XLF	State Street Financial Select Sector SPDR ETF	0.08%	54.08B	Dec 1998	QABA vs XLF
FNCL	Fidelity MSCI Financials Index ETF	0.08%	2.23B	Oct 2013	QABA vs FNCL
VFH	Vanguard Financials ETF	0.09%	13.50B	Jan 2004	QABA vs VFH
GABF	Gabelli Financial Services Opportunities ETF	0.10%	50.20M	May 2022	QABA vs GABF
TRUF	VanEck Financials TruSector ETF	0.10%	581.08K	Apr 2026	QABA vs TRUF

Best Risk-Adjusted Alternatives to QABA

QABA has a PortfoliosLab risk / return rank of 36. There are 10 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
HSBH	HSBC Holdings plc ADRhedged ETF	92	5.04M	Oct 2024	QABA vs HSBH
GSIB	Themes Global Systemically Important Banks ETF	83	28.23M	Dec 2023	QABA vs GSIB
KBWB	Invesco KBW Bank ETF	56	6.94B	Nov 2011	QABA vs KBWB
EUFN	iShares MSCI Europe Financials ETF	55	3.79B	Jan 2010	QABA vs EUFN
IXG	iShares Global Financials ETF	48	607.66M	Nov 2001	QABA vs IXG

Top Performing QABA Alternatives (YTD)

QABA is at 20.23% YTD. There is 1 ETF in the Financials Equities category with a higher YTD return, going as high as 28.62%.

Symbol	Name	YTD Return	AUM	Inception
HSBH	HSBC Holdings plc ADRhedged ETF	28.62%	5.04M	Oct 2024	QABA vs HSBH
GSIB	Themes Global Systemically Important Banks ETF	17.31%	28.23M	Dec 2023	QABA vs GSIB
KRE	SPDR S&P Regional Banking ETF	17.26%	4.83B	Jun 2006	QABA vs KRE
IAT	iShares U.S. Regional Banks ETF	16.18%	676.67M	May 2006	QABA vs IAT
PSCF	Invesco S&P SmallCap Financials ETF	15.56%	26.93M	Apr 2010	QABA vs PSCF

Lowest Volatility Alternatives to QABA

QABA has 22.25% 1-year volatility. There are 37 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 12.02%.

Symbol	Name	Volatility 1Y	AUM	Inception
XLFI	State Street Financial Select Sector SPDR Premium ...	12.02%	6.39M	Jul 2025	QABA vs XLFI
KWT	iShares MSCI Kuwait ETF	13.40%	71.14M	Sep 2020	QABA vs KWT
IXG	iShares Global Financials ETF	13.92%	607.66M	Nov 2001	QABA vs IXG
TRUF	VanEck Financials TruSector ETF	13.94%	581.08K	Apr 2026	QABA vs TRUF
IYF	iShares U.S. Financials ETF	14.72%	4.22B	May 2000	QABA vs IYF

Lowest Drawdown Alternatives to QABA

QABA has a 1-year max drawdown of -12.49%. There are 7 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.62%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
IAK	iShares U.S. Insurance ETF	-7.62%	473.96M	May 2006	QABA vs IAK
KBWP	Invesco KBW Property & Casualty Insurance ETF	-9.56%	261.87M	Dec 2010	QABA vs KBWP
PSCF	Invesco S&P SmallCap Financials ETF	-9.91%	26.93M	Apr 2010	QABA vs PSCF
IXG	iShares Global Financials ETF	-11.33%	607.66M	Nov 2001	QABA vs IXG
KWT	iShares MSCI Kuwait ETF	-11.54%	71.14M	Sep 2020	QABA vs KWT

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	34	28.87%	14.26B	Jul 2015	QABA vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	58	19.10%	11.74B	Nov 2009	QABA vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	66	23.60%	10.80B	Mar 2014	QABA vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	4	-7.65%	132.86M	Feb 2012	QABA vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	76	15.23%	7.48B	Mar 2006	QABA vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-7.95%	510.89M	Mar 2021	QABA vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	94	86.56%	2.46B	Sep 2016	QABA vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	44	17.47%	4.34B	Aug 2012	QABA vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	54	20.15%	718.18M	Feb 2007	QABA vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	34	8.48%	3.40B	Mar 2018	QABA vs KNG

Often Compared With QABA

Investors most often compare QABA with FISVX, QQQ, FXAIX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FISVX	Fidelity Small Cap Value Index Fund	Small Cap Value Equities	80	22.20%	—	Jul 2019	QABA vs FISVX
QQQ	Invesco QQQ ETF	Nasdaq-100	58	16.13%	481.14B	Mar 1999	QABA vs QQQ
FXAIX	Fidelity 500 Index Fund	S&P 500	63	11.06%	—	Feb 1988	QABA vs FXAIX
TIME	Clockwise Core Equity & Innovation ETF	Technology Equities	33	6.84%	19.49M	Jan 2022	QABA vs TIME
AVUV	Avantis US Small Cap Value ETF	Small Cap Value Equities	78	22.32%	28.73B	Sep 2019	QABA vs AVUV
KBE	SPDR S&P Bank ETF	Financials Equities	34	14.67%	1.52B	Nov 2005	QABA vs KBE
KCE	SPDR S&P Capital Markets ETF	Financials Equities	13	4.68%	444.79M	Nov 2005	QABA vs KCE
BIZD	VanEck BDC Income ETF	Financials Equities	3	-6.86%	1.60B	Feb 2013	QABA vs BIZD
PEX	ProShares Global Listed Private Equity ETF	Financials Equities	2	-10.03%	11.20M	Feb 2013	QABA vs PEX
PBDC	Putnam BDC Income ETF	Financials Equities	4	-8.72%	270.76M	Sep 2022	QABA vs PBDC
FTXO	First Trust Nasdaq Bank ETF	Financials Equities	39	12.45%	305.48M	Sep 2016	QABA vs FTXO
FBDC	FT Confluence BDC & Specialty Finance Income ETF	Financials Equities	4	-7.16%	34.39M	Jun 2025	QABA vs FBDC
IYG	iShares U.S. Financial Services ETF	Financials Equities	21	2.49%	2.05B	Jun 2000	QABA vs IYG
PFI	Invesco Dorsey Wright Financial Momentum ETF	Momentum, Financials Equities	24	7.70%	54.90M	Oct 2006	QABA vs PFI
FXO	First Trust Financials AlphaDEX Fund	Financials Equities	35	8.37%	1.10B	May 2007	QABA vs FXO
IAI	iShares U.S. Broker-Dealers & Securities Exchanges...	Financials Equities	20	5.93%	1.41B	May 2006	QABA vs IAI
KBWD	Invesco KBW High Dividend Yield Financial ETF	Financials Equities, Dividend	8	-3.66%	421.36M	Dec 2010	QABA vs KBWD
DFNL	Davis Select Financial ETF	Financials Equities	38	4.68%	300.51M	Jan 2017	QABA vs DFNL
FDIQ	Invesco Bloomberg Financial Data Providers ETF	Financials Equities	27	13.60%	50.16M	Nov 2011	QABA vs FDIQ
GPZ	VanEck Alternative Asset Manager ETF	Financials Equities	4	-18.31%	233.60M	Jun 2025	QABA vs GPZ

Compare QABA with Any Fund or Stock

Compare QABA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair QABA with funds that move differently

First Trust NASDAQ ABA Community Bank Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QABA.

Explore QABA Diversifiers

First Trust NASDAQ ABA Community Bank Index Fund (QABA) Alternatives