QABA vs ASCE
Comparison between FIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND (QABA, ETF) and ALLSPRING SMID CORE ETF (ASCE, ETF).
QABA vs ASCE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
QABA
$78M
Winner
ASCE
$78M
Expense Ratio
QABA
0.60%
Winner
ASCE
0.38%
Max Drawdown
QABA
51.03%
Winner
ASCE
9.22%
Sharpe Ratio
QABA
0.95
Winner
ASCE
1.53
5Y Beta
Winner
QABA
0.87
ASCE
1.27
P/E Ratio
Winner
QABA
13.33
ASCE
17.38
Forward P/E
QABA
11.91
Winner
ASCE
11.89
5Y Dividends CAGR
QABA
5.56%
ASCE
N/A
5Y EPS CAGR
QABA
8.41%
Winner
ASCE
47.10%
Debt to Equity
QABA
11.54%
Winner
ASCE
-100.43%
P/S Ratio
QABA
3.96
Winner
ASCE
0.90
P/B Ratio
Winner
QABA
1.26
ASCE
2.93
QABA vs ASCE - Holdings Comparison
QABA and ASCE have 3 common holdings. Overlap is 2.30%
QABA's top 25 holdings weight is 49.21%. ASCE's top 25 holdings weight is 61.39%.
| Rank | QABA | ASCE |
|---|---|---|
| #1 | WINTRUST FINANCIAL CORP (WTFC) - 4.56% | STONEX GROUP INC (SNEX) - 3.39% |
| #2 | COMMERCE BANCSHARES INC (CBSH) - 3.45% | CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) - 3.15% |
| #3 | UNITED BANKSHARES INC (UBSI) - 2.74% | CARPENTER TECHNOLOGY CORP (CRS) - 2.95% |
| #4 | HANCOCK WHITNEY CORP (HWC) - 2.53% | TTM TECHNOLOGIES INC (TTMI) - 2.94% |
| #5 | BANK OZK (OZK) - 2.45% | EMCOR GROUP INC (EME) - 2.79% |
| #6 | EASTERN BANKSHARES INC ORDINARY SHARES (EBC) - 2.13% | FABRINET (FN) - 2.78% |
| #7 | FIRST FINANCIAL BANKSHARES INC (FFIN) - 2.11% | BLUE BIRD CORP (BLBD) - 2.75% |
| #8 | TFS FINANCIAL CORP (TFSL) - 2.03% | DIGITALOCEAN HOLDINGS INC (DOCN) - 2.52% |
| #9 | INTERNATIONAL BANCSHARES CORP (IBOC) - 2.02% | COEUR MINING INC (CDE) - 2.47% |
| #10 | TEXAS CAPITAL BANCSHARES INC (TCBI) - 1.99% | ACADIAN ASSET MANAGEMENT INC (AAMI) - 2.45% |
| #11 | CATHAY GENERAL BANCORP (CATY) - 1.77% | EXELIXIS INC (EXEL) - 2.45% |
| #12 | FULTON FINANCIAL CORP (FULT) - 1.76% | CORCEPT THERAPEUTICS INC (CORT) - 2.42% |
| #13 | WSFS FINANCIAL CORP (WSFS) - 1.76% | TEEKAY CORP LTD (TK) - 2.40% |
| #14 | INDEPENDENT BANK CORP (INDB) - 1.75% | CENTURY ALUMINUM CO (CENX) - 2.40% |
| #15 | BANCFIRST CORP (BANF) - 1.67% | WILLDAN GROUP INC (WLDN) - 2.30% |
| #16 | CVB FINANCIAL CORP (CVBF) - 1.63% | VIRTU FINANCIAL INC CLASS A (VIRT) - 2.29% |
| #17 | FIRST INTERSTATE BANCSYSTEM INC (FIBK) - 1.61% | POWELL INDUSTRIES INC (POWL) - 2.26% |
| #18 | FIRST HAWAIIAN INC (FHB) - 1.50% | ONTO INNOVATION INC (ONTO) - 2.24% |
| #19 | WESBANCO INC (WSBC) - 1.50% | UNITED THERAPEUTICS CORP (UTHR) - 2.21% |
| #20 | n/a (MCHB) - 1.46% | AMNEAL PHARMACEUTICALS INC ORDINARY SHARES CLASS A (AMRX) - 2.17% |
| #21 | FIRST FINANCIAL BANCORP (FFBC) - 1.44% | BEL FUSE INC CLASS B (BELFB) - 2.17% |
| #22 | TOWNE BANK (TOWN) - 1.40% | ARRAY TECHNOLOGIES INC ORDINARY SHARES (ARRY) - 2.03% |
| #23 | SIMMONS FIRST NATIONAL CORP CLASS A (SFNC) - 1.40% | PEGASYSTEMS INC (PEGA) - 1.96% |
| #24 | SEACOAST BANKING CORP OF FLORIDA (SBCF) - 1.34% | SKYWEST INC (SKYW) - 1.96% |
| #25 | WAFD INC (WAFD) - 1.21% | XENIA HOTELS & RESORTS INC (XHR) - 1.94% |
| Total Holdings | 148 | 51 |
QABA vs ASCE - Historical Returns
Returns include dividend reinvestment.
1M
Winner
QABA
+1.69%
ASCE
+1.03%
3M
QABA
+10.70%
Winner
ASCE
+19.33%
6M
QABA
+11.50%
Winner
ASCE
+21.20%
1Y
QABA
+21.43%
Winner
ASCE
+33.18%
5Y(CAGR)
QABA
+3.67%
ASCE
N/A
10Y(CAGR)
QABA
+7.08%
ASCE
N/A
Max(CAGR)
QABA
+9.09%
Winner
ASCE
+36.67%
QABA vs ASCE - Annual Returns (2009 - 2026)
Returns include dividend reinvestment.
| Year | QABA | ASCE |
|---|---|---|
| 2026 | +12.64% | +21.05% |
| 2025 | +6.18% | +8.61% |
| 2024 | +14.29% | N/A |
| 2023 | -1.51% | N/A |
| 2022 | -10.27% | N/A |
| 2021 | +34.73% | N/A |
| 2020 | -10.88% | N/A |
| 2019 | +20.99% | N/A |
| 2018 | -16.49% | N/A |
| 2017 | +0.73% | N/A |
| 2016 | +41.73% | N/A |
| 2015 | +9.03% | N/A |
| 2014 | +4.31% | N/A |
| 2013 | +40.71% | N/A |
| 2012 | +11.49% | N/A |
| 2011 | -8.46% | N/A |
| 2010 | +11.50% | N/A |
| 2009 | +12.98% | N/A |
QABA vs ASCE Drawdown Comparison
The maximum drawdown for QABA was -49.30%, occurring on Mar 23, 2020. Recovery took 682 trading sessions.
The maximum drawdown for ASCE was -9.22%, occurring on Nov 20, 2025. Recovery took 54 trading sessions.
The current QABA drawdown is -0.43%. The current ASCE drawdown is -1.11%.
| Rank | QABA | ASCE |
|---|---|---|
| #1 | -49.30% Jun 8, 2018 - Feb 24, 2021 | -9.22% Sep 18, 2025 - Dec 4, 2025 |
| #2 | -42.95% Jan 14, 2022 - Nov 6, 2024 | -8.45% Feb 25, 2026 - Apr 8, 2026 |
| #3 | -32.60% Apr 23, 2010 - Jan 22, 2013 | -4.95% May 6, 2026 - May 26, 2026 |
| #4 | -25.82% Nov 25, 2024 - Jan 21, 2026 | -4.22% Dec 22, 2025 - Jan 9, 2026 |
| #5 | -22.48% Dec 1, 2015 - Aug 30, 2016 | -3.65% Jul 28, 2025 - Aug 8, 2025 |
| #6 | -15.02% Mar 12, 2021 - Nov 3, 2021 | -3.12% Aug 13, 2025 - Aug 22, 2025 |
| #7 | -14.45% Mar 1, 2017 - Nov 29, 2017 | -3.10% Jan 22, 2026 - Feb 6, 2026 |
| #8 | -12.49% Feb 6, 2026 - Mar 18, 2026 | -2.74% Apr 20, 2026 - May 5, 2026 |
| #9 | -12.33% Mar 20, 2014 - Apr 15, 2015 | -2.69% Dec 11, 2025 - Dec 22, 2025 |
| #10 | -10.83% Jul 22, 2015 - Oct 28, 2015 | -2.49% Feb 6, 2026 - Feb 18, 2026 |
| #11 | -10.81% Aug 10, 2009 - Jan 7, 2010 | -2.10% Feb 20, 2026 - Feb 25, 2026 |
| #12 | -9.59% Jan 22, 2014 - Mar 7, 2014 | -2.06% Jul 10, 2025 - Jul 23, 2025 |
| #13 | -8.96% Nov 23, 2021 - Jan 6, 2022 | -1.85% Sep 11, 2025 - Sep 18, 2025 |
| #14 | -7.47% Mar 9, 2018 - May 16, 2018 | -1.56% Jun 4, 2026 - Jun 5, 2026 |
| #15 | -7.11% Jan 23, 2018 - Mar 7, 2018 | -1.47% Jan 15, 2026 - Jan 22, 2026 |
Correlation
Correlation between QABA and ASCE is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.
0.93
-101
Dividend Comparison (2009 - 2026)
QABA vs ASCE dividend yield comparison.
| Year | QABA | ASCE |
|---|---|---|
| 2026 | 0.54% | 0.00% |
| 2025 | 2.52% | 0.22% |
| 2024 | 2.37% | 0.00% |
| 2023 | 2.71% | 0.00% |
| 2022 | 2.10% | 0.00% |
| 2021 | 1.68% | 0.00% |
| 2020 | 2.55% | 0.00% |
| 2019 | 1.95% | 0.00% |
| 2018 | 1.90% | 0.00% |
| 2017 | 1.42% | 0.00% |
| 2016 | 1.13% | 0.00% |
| 2015 | 1.39% | 0.00% |
| 2014 | 1.28% | 0.00% |
| 2013 | 1.01% | 0.00% |
| 2012 | 2.00% | 0.00% |
| 2011 | 1.62% | 0.00% |
| 2010 | 1.22% | 0.00% |
| 2009 | 1.34% | 0.00% |
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