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%	2.21B	Oct 2013	QABA vs FNCL
XLF	State Street Financial Select Sector SPDR ETF	0.08%	49.47B	Dec 1998	QABA vs XLF
VFH	Vanguard Financials ETF	0.10%	13.70B	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 26. There are 8 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 68.

Symbol	Name	Risk / Return Rank	AUM	Inception
GSIB	Themes Global Systemically Important Banks ETF	68	26.29M	Dec 2023	QABA vs GSIB
KBWB	Invesco KBW Bank ETF	45	5.32B	Nov 2011	QABA vs KBWB
FDIQ	Invesco Bloomberg Financial Data Providers ETF	33	51.11M	Nov 2011	QABA vs FDIQ
EUFN	iShares MSCI Europe Financials ETF	32	3.64B	Jan 2010	QABA vs EUFN
FTXO	First Trust Nasdaq Bank ETF	30	286.76M	Sep 2016	QABA vs FTXO

Top Performing QABA Alternatives (YTD)

QABA is at 8.16% YTD. There are 2 ETFs in the Financials Equities category with higher YTD returns, going as high as 9.75%.

Symbol	Name	YTD Return	AUM	Inception
GSIB	Themes Global Systemically Important Banks ETF	9.75%	26.29M	Dec 2023	QABA vs GSIB
FDIQ	Invesco Bloomberg Financial Data Providers ETF	9.72%	51.11M	Nov 2011	QABA vs FDIQ
PBEU	Portfolio Building Block European Banks Index ETF	6.67%	22.30M	Nov 2025	QABA vs PBEU
KRE	SPDR S&P Regional Banking ETF	5.35%	3.91B	Jun 2006	QABA vs KRE
PSCF	Invesco S&P SmallCap Financials ETF	4.89%	24.48M	Apr 2010	QABA vs PSCF

Lowest Volatility Alternatives to QABA

QABA has 22.50% 1-year volatility. There are 36 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 7.78%.

Symbol	Name	Volatility 1Y	AUM	Inception
SPCZ	RiverNorth Enhanced Pre-Merger SPAC ETF	7.78%	6.34M	Jul 2022	QABA vs SPCZ
IXG	iShares Global Financials ETF	13.67%	542.62M	Nov 2001	QABA vs IXG
KWT	iShares MSCI Kuwait ETF	13.84%	70.21M	Sep 2020	QABA vs KWT
IYF	iShares U.S. Financials ETF	14.34%	3.50B	May 2000	QABA vs IYF
XLF	State Street Financial Select Sector SPDR ETF	14.41%	49.47B	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%	6.34M	Jul 2022	QABA vs SPCZ
IAK	iShares U.S. Insurance ETF	-7.62%	359.47M	May 2006	QABA vs IAK
KBWP	Invesco KBW Property & Casualty Insurance ETF	-9.56%	242.19M	Dec 2010	QABA vs KBWP
PSCF	Invesco S&P SmallCap Financials ETF	-9.91%	24.48M	Apr 2010	QABA vs PSCF
FDIQ	Invesco Bloomberg Financial Data Providers ETF	-11.13%	51.11M	Nov 2011	QABA vs FDIQ

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 11 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	Technology Equities, Cybersecurity	26	28.52%	13.68B	Jul 2015	QABA vs CIBR
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	79	28.91%	11.29B	Nov 2009	QABA vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	3	-9.70%	133.88M	Feb 2012	QABA vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	78	31.77%	10.62B	Mar 2014	QABA vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	70	13.33%	7.39B	Mar 2006	QABA vs FDL
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	28	1.69%	591.41M	Mar 2021	QABA vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	97	115.70%	2.52B	Sep 2016	QABA vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	83	30.57%	4.66B	Aug 2012	QABA vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	20	2.20%	3.28B	Mar 2018	QABA vs KNG
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	89	52.94%	895.30M	Feb 2007	QABA vs QCLN

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	78	18.90%	—	Jul 2019	QABA vs FISVX
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	QABA vs QQQ
FXAIX	Fidelity 500 Index Fund	S&P 500	73	11.71%	—	Feb 1988	QABA vs FXAIX
TIME	Clockwise Core Equity & Innovation ETF	Technology Equities	45	9.82%	19.49M	Jan 2022	QABA vs TIME
AVUV	Avantis US Small Cap Value ETF	Small Cap Value Equities	67	17.96%	26.41B	Sep 2019	QABA vs AVUV
KBE	SPDR S&P Bank ETF	Financials Equities	25	2.87%	1.39B	Nov 2005	QABA vs KBE
PBDC	Putnam BDC Income ETF	Financials Equities	4	-9.74%	274.13M	Sep 2022	QABA vs PBDC
KCE	SPDR S&P Capital Markets ETF	Financials Equities	17	-1.07%	449.09M	Nov 2005	QABA vs KCE
BIZD	VanEck BDC Income ETF	Financials Equities	3	-8.99%	1.57B	Feb 2013	QABA vs BIZD
FBDC	FT Confluence BDC & Specialty Finance Income ETF	Financials Equities	—	-9.51%	34.30M	Jun 2025	QABA vs FBDC
IYG	iShares U.S. Financial Services ETF	Financials Equities	13	-6.51%	1.90B	Jun 2000	QABA vs IYG
PEX	ProShares Global Listed Private Equity ETF	Financials Equities	3	-12.48%	11.12M	Feb 2013	QABA vs PEX
FXO	First Trust Financials AlphaDEX Fund	Financials Equities	18	-3.33%	1.01B	May 2007	QABA vs FXO
IAI	iShares U.S. Broker-Dealers & Securities Exchanges...	Financials Equities	23	0.24%	1.43B	May 2006	QABA vs IAI
IAT	iShares U.S. Regional Banks ETF	Financials Equities	27	2.80%	603.37M	May 2006	QABA vs IAT
GPZ	VanEck Alternative Asset Manager ETF	Financials Equities	—	-19.37%	244.99M	Jun 2025	QABA vs GPZ
DFNL	Davis Select Financial ETF	Financials Equities	23	-5.82%	300.51M	Jan 2017	QABA vs DFNL
KBWD	Invesco KBW High Dividend Yield Financial ETF	Financials Equities, Dividend	10	-5.52%	426.58M	Dec 2010	QABA vs KBWD
PFI	Invesco Dorsey Wright Financial Momentum ETF	Momentum, Financials Equities	11	-0.47%	32.80M	Oct 2006	QABA vs PFI
INDF	Nifty India Financials ETF	Financials Equities	—	—	10.83M	Oct 2020	QABA vs INDF

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