QABA vs. INDF

Last updated Apr 1, 2026

Compare and contrast key facts about First Trust NASDAQ ABA Community Bank Index Fund (QABA) and Nifty India Financials ETF (INDF).

QABA and INDF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QABA is a passively managed fund by First Trust that tracks the performance of the NASDAQ OMX ABA Community Bank Index. It was launched on Jun 29, 2009. INDF is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Nifty Financial Services 25/50 Index. It was launched on Oct 20, 2020. Both QABA and INDF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QABA vs. INDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ ABA Community Bank Index Fund (QABA) and Nifty India Financials ETF (INDF). The values are adjusted to include any dividend payments, if applicable.

QABA vs. INDF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QABA First Trust NASDAQ ABA Community Bank Index Fund	3.40%	4.62%	14.49%	-2.18%	-9.01%	34.20%	25.35%
INDF Nifty India Financials ETF	0.00%	8.17%	6.32%	19.86%	-5.28%	11.95%	23.97%

Returns By Period

QABA

• 1D: 1.52%
• 1M: -0.25%
• YTD: 3.40%
• 6M: 5.20%
• 1Y: 14.29%
• 3Y*: 13.70%
• 5Y*: 2.93%
• 10Y*: 7.10%

INDF

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QABA vs. INDF - Expense Ratio Comparison

QABA has a 0.60% expense ratio, which is lower than INDF's 0.75% expense ratio.

INDF

Nifty India Financials ETF

QABA

First Trust NASDAQ ABA Community Bank Index Fund

Return for Risk

QABA vs. INDF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QABA

QABA Risk / Return Rank: 34
QABA Sharpe Ratio Rank: 31
QABA Sortino Ratio Rank: 32
QABA Omega Ratio Rank: 31
QABA Calmar Ratio Rank: 45
QABA Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QABA vs. INDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ ABA Community Bank Index Fund (QABA) and Nifty India Financials ETF (INDF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	QABA	INDF	Difference
Sharpe ratio Return per unit of total volatility	0.56	—	—
Sortino ratio Return per unit of downside risk	0.93	—	—
Omega ratio Gain probability vs. loss probability	1.13	—	—
Calmar ratio Return relative to maximum drawdown	1.17	—	—
Martin ratio Return relative to average drawdown	2.72	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QABA	INDF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	—	—

Correlation

The correlation between QABA and INDF is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

QABA vs. INDF - Dividend Comparison

QABA's dividend yield for the trailing twelve months is around 2.51%, less than INDF's 21.29% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QABA First Trust NASDAQ ABA Community Bank Index Fund	2.51%	2.52%	2.37%	2.71%	2.10%	1.68%	2.55%	1.95%	1.90%	1.42%	1.13%	1.39%
INDF Nifty India Financials ETF	21.29%	21.29%	6.15%	8.84%	3.12%	1.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	QABA	INDF	Difference
Max Drawdown Largest peak-to-trough decline	-49.30%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-42.93%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-49.30%	—	—
Current Drawdown Current decline from peak	-8.47%	—	—
Average Drawdown Average peak-to-trough decline	-11.51%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.39%	—	—

Volatility

Volatility by Period

	QABA	INDF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.50%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.59%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.71%	—	—