See what your fund actually adds
First Trust NASDAQ ABA Community Bank Index Fund QABA
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | QABA | Replication |
|---|---|---|
| Annualized growth | 4.6% | 6.5% |
| Annualized volatility | 24.8% | 19.1% |
| Sharpe ratio | 0.30 | 0.43 |
| Maximum drawdown | 42.7% | 25.6% |
| Replication fit (R²) | 0.66 · Tracking error 14.5% | |
Replication portfolio
The published portfolio below is the investable basket used to model QABA’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| IJR | US Small Cap | 81.4% |
| XLF | Sector · Financials | 18.6% |