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 26 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
FNCL	Fidelity MSCI Financials Index ETF	0.08%	2.17B	Oct 2013	QABA vs FNCL
XLF	State Street Financial Select Sector SPDR ETF	0.08%	51.89B	Dec 1998	QABA vs XLF
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
PBEU	Portfolio Building Block European Banks Index ETF	0.13%	22.30M	Nov 2025	QABA vs PBEU

Best Risk-Adjusted Alternatives to QABA

QABA has a PortfoliosLab risk / return rank of 38. There are 8 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
HSBH	HSBC Holdings plc ADRhedged ETF	90	5.04M	Oct 2024	QABA vs HSBH
GSIB	Themes Global Systemically Important Banks ETF	80	24.99M	Dec 2023	QABA vs GSIB
KBWB	Invesco KBW Bank ETF	56	6.25B	Nov 2011	QABA vs KBWB
EUFN	iShares MSCI Europe Financials ETF	47	3.69B	Jan 2010	QABA vs EUFN
FTXO	First Trust Nasdaq Bank ETF	42	299.07M	Sep 2016	QABA vs FTXO

Top Performing QABA Alternatives (YTD)

QABA is at 16.85% YTD. There is 1 ETF in the Financials Equities category with a higher YTD return, going as high as 26.93%.

Symbol	Name	YTD Return	AUM	Inception
HSBH	HSBC Holdings plc ADRhedged ETF	26.93%	5.04M	Oct 2024	QABA vs HSBH
GSIB	Themes Global Systemically Important Banks ETF	16.30%	24.99M	Dec 2023	QABA vs GSIB
KRE	SPDR S&P Regional Banking ETF	14.14%	4.33B	Jun 2006	QABA vs KRE
PBEU	Portfolio Building Block European Banks Index ETF	13.63%	22.30M	Nov 2025	QABA vs PBEU
PSCF	Invesco S&P SmallCap Financials ETF	12.95%	26.65M	Apr 2010	QABA vs PSCF

Lowest Volatility Alternatives to QABA

QABA has 22.55% 1-year volatility. There are 36 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.43%.

Symbol	Name	Volatility 1Y	AUM	Inception
SPCZ	RiverNorth Enhanced Pre-Merger SPAC ETF	9.43%	7.14M	Jul 2022	QABA vs SPCZ
KWT	iShares MSCI Kuwait ETF	13.57%	70.62M	Sep 2020	QABA vs KWT
IXG	iShares Global Financials ETF	13.90%	580.15M	Nov 2001	QABA vs IXG
IYF	iShares U.S. Financials ETF	14.53%	3.81B	May 2000	QABA vs IYF
XLF	State Street Financial Select Sector SPDR ETF	14.62%	51.89B	Dec 1998	QABA vs XLF

Lowest Drawdown Alternatives to QABA

QABA has a 1-year max drawdown of -12.49%. There are 9 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -3.82%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
SPCZ	RiverNorth Enhanced Pre-Merger SPAC ETF	-3.82%	7.14M	Jul 2022	QABA vs SPCZ
IAK	iShares U.S. Insurance ETF	-7.62%	376.18M	May 2006	QABA vs IAK
KBWP	Invesco KBW Property & Casualty Insurance ETF	-9.56%	254.21M	Dec 2010	QABA vs KBWP
PSCF	Invesco S&P SmallCap Financials ETF	-9.91%	26.65M	Apr 2010	QABA vs PSCF
IXG	iShares Global Financials ETF	-11.33%	580.15M	Nov 2001	QABA vs IXG

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 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	18	18.06%	13.59B	Jul 2015	QABA vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	QABA vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	QABA vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	QABA vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	69	12.67%	9.22B	Mar 2006	QABA vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	QABA vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	QABA vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	QABA vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	QABA vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	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	83	21.13%	—	Jul 2019	QABA vs FISVX
QQQ	Invesco QQQ ETF	Nasdaq-100	59	16.45%	493.17B	Mar 1999	QABA vs QQQ
FXAIX	Fidelity 500 Index Fund	S&P 500	65	9.79%	—	Feb 1988	QABA vs FXAIX
TIME	Clockwise Core Equity & Innovation ETF	Technology Equities	35	6.28%	19.49M	Jan 2022	QABA vs TIME
AVUV	Avantis US Small Cap Value ETF	Small Cap Value Equities	75	20.76%	26.41B	Sep 2019	QABA vs AVUV
KBE	SPDR S&P Bank ETF	Financials Equities	35	11.37%	1.53B	Nov 2005	QABA vs KBE
KCE	SPDR S&P Capital Markets ETF	Financials Equities	18	2.72%	447.12M	Nov 2005	QABA vs KCE
PBDC	Putnam BDC Income ETF	Financials Equities	4	-11.42%	272.46M	Sep 2022	QABA vs PBDC
BIZD	VanEck BDC Income ETF	Financials Equities	4	-9.87%	1.55B	Feb 2013	QABA vs BIZD
PEX	ProShares Global Listed Private Equity ETF	Financials Equities	3	-13.80%	10.88M	Feb 2013	QABA vs PEX
FBDC	FT Confluence BDC & Specialty Finance Income ETF	Financials Equities	—	-10.39%	33.57M	Jun 2025	QABA vs FBDC
IYG	iShares U.S. Financial Services ETF	Financials Equities	20	-0.54%	1.98B	Jun 2000	QABA vs IYG
FXO	First Trust Financials AlphaDEX Fund	Financials Equities	29	3.78%	1.04B	May 2007	QABA vs FXO
IAI	iShares U.S. Broker-Dealers & Securities Exchanges...	Financials Equities	24	4.12%	1.44B	May 2006	QABA vs IAI
IAT	iShares U.S. Regional Banks ETF	Financials Equities	39	11.98%	624.35M	May 2006	QABA vs IAT
KBWD	Invesco KBW High Dividend Yield Financial ETF	Financials Equities, Dividend	10	-5.53%	418.14M	Dec 2010	QABA vs KBWD
FDIQ	Invesco Bloomberg Financial Data Providers ETF	Financials Equities	27	5.60%	47.93M	Nov 2011	QABA vs FDIQ
PFI	Invesco Dorsey Wright Financial Momentum ETF	Momentum, Financials Equities	20	7.04%	33.35M	Oct 2006	QABA vs PFI
DFNL	Davis Select Financial ETF	Financials Equities	32	0.04%	300.51M	Jan 2017	QABA vs DFNL
GPZ	VanEck Alternative Asset Manager ETF	Financials Equities	6	-19.30%	239.09M	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