WBIY

WBI Power Factor High Dividend ETF
*Unless otherwise stated, data provided by FactSet.

WBIY Fund Description

WBIY tracks an index of 50 US firms selected for high forecasted dividend yield and strong fundamental factors. Holdings are weighted by forecasted dividend yield.

WBIY Factset Analytics Insight

WBIY aims to pick the highest-yielding US stocks with the strongest fundamentals by culling out 50 names from a universe of 3000 securities of any capitalization. Potential holdings must have positive earnings from continuing operations, stable or growing dividends, and at least enough cash flow to cover their dividend payments. The selection pool is further narrowed down by a combination of expected dividend yield (determined from option premiums) and the three “power” factors (P/S, P/FCF and P/E) from continuing operations. The 50 holdings are weighted by expected dividend yield, with quarterly rebalancing. WBIY’s premise is that by screening its portfolio for quality fundamentals, it can reduce risk while providing exposure to high-yield stocks. However, the fund’s stringent criteria create such a small portfolio that single-name risk becomes a potential issue (individual holdings are capped at 5%). And like all high-yield portfolios, WBIY is subject to interest rate risk.

PERFORMANCE [as of 06/30/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
WBIY -11.68% -9.14% -6.28% -2.29% 6.60% 6.67% --
WBIY (NAV) -11.50% -8.83% -5.56% -1.40% 6.81% 6.93% --
Solactive Power Factor High Dividend Index -11.66% -8.69% -5.05% -0.60% 7.08% -- --
MSCI USA IMI High Yield Dividend Index -7.57% -8.78% -10.11% -2.59% 6.84% 8.13% 11.14%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

WBIY Summary Data

WBI
WBI Shares
12/19/16
Open-Ended Fund
0.70%
$63.24M
$180.88K
0.28%

WBIY Portfolio Data

$43.52B
9.02
1.81
3.09%
N/A
50

WBIY Index Data

Dividends
Fundamental
MSCI USA IMI High Yield Dividend Index

WBIY Portfolio Management

0.70%
-0.64%
0.67%
-2.00%

WBIY Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

WBIY Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Medium
Daily

WBIY Factset Analytics Block Liquidity

As of 07/01/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of WBIY. WBIY is rated a 5 out of 5.

WBIY Tradability

6,465
$180.88K
4,857
$136.53K
0.28%
$0.08
0.06%
0.34% / -1.90%
None
100.00%
50,000
0.10
0.04%
0.03%
0
$25.97
5

WBIY Sector/Industry Breakdown


WBIY
Segment Benchmark
20.14%
--
13.50%
--
10.27%
--
9.99%
--
9.92%
--
6.40%
--
6.25%
--
5.99%
--
5.66%
--
5.59%
--

WBIY Countries


WBIY
Segment Benchmark
100.00%
100.00%

WBIY Regions


WBIY
Segment Benchmark
100.00%
100.00%

WBIY Economic Development


WBIY
Segment Benchmark
100.00%
100.00%

WBIY Performance Statistics

0.81
1.06
0.97
1.04
0.50%
MSCI USA IMI High Yield Dividend Index

WBIY Benchmark Comparison Holdings

50
446
30
8.09%

WBIY Benchmark Comparison Summary


WBIY
Segment Benchmark
50
446
$43.52B
$150.31B
9.02
15.55
1.81
2.88
4.98%
2.87%
Medium
Low

WBIY Benchmark Comparison Market Cap Size


WBIY
Segment Benchmark
54.87%
91.84%
29.87%
6.67%
14.69%
1.38%
0.58%
0.11%