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 expected dividend yield and strong fundamental factors, and weighted by expected dividend yield.

WBIY Factset Analytics Insight

WBIY aims to buy the highest-yielding US stocks with the strongest fundamentals by winnowing down a universe of 3000+ publically-traded securities to just 50 names. 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 by a combination of expected dividend yield (determined from option premiums) and the three “power factors” alluded to in the fund’s name: price/sales, price/free cash flow, and price/earnings 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. It’s important to note, however, that 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. Cost is another concern; the fund sports one of the highest expense ratios in the US high-dividend segment.

WBIY MSCI ESG Analytics Insight

WBI Power Factor High Dividend ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.53 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. WBI Power Factor High Dividend ETF ranks in the 29th percentile within its peer group and in the 13th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

WBIY Charts And Performance

Price Chart ($)
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
WBIY 2.83% 2.27% 16.01% 2.54% -- -- --
WBIY (NAV) 2.98% 2.24% 15.68% 2.53% -- -- --
MSCI USA IMI High Yield Dividend Index 0.77% 2.38% 16.28% 8.90% 11.93% 9.93% 12.53%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

WBIY Summary Data

WBI Shares
12/19/16
Open-Ended Fund
0.70%
$92.03M
$503.43K
0.13%

WBIY Portfolio Data

$53.21B
10.99
1.68
5.74%
N/A
51

WBIY Index Data

Dividends
Fundamental
MSCI USA IMI High Yield Dividend Index

WBIY Portfolio Management

0.70%
--
--
--

WBIY Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

WBIY Fund Structure

Open-Ended Fund
No
Yes
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

WBIY Factset Analytics Block Liquidity

As of 10/22/19
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

21,415
$503.43K
13,528
$322.59K
0.13%
$0.03
-0.08%
0.72% / -0.75%
None
100.00%
50,000
0.27
0.04%
0.03%
0
$24.90
5

WBIY Sector/Industry Breakdown


WBIY
Segment Benchmark
23.36%
9.20%
15.33%
17.26%
12.44%
16.60%
12.37%
2.95%
11.13%
5.55%
10.56%
12.10%
7.44%
4.91%
5.22%
13.60%
2.13%
8.78%

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

0.79
1.19
1.13
1.07
0.54%
MSCI USA IMI High Yield Dividend Index

WBIY MSCI ESG Ratings

BBB
4.53 / 10
13.16
28.70
4.59%
7.50%
123.86

WBIY Benchmark Comparison Holdings

51
395
37
12.38%

WBIY Benchmark Comparison Summary


WBIY
Segment Benchmark
51
395
$53.21B
$144.69B
10.99
17.49
1.68
2.75
5.77%
3.26%
Medium
Low

WBIY Benchmark Comparison Market Cap Size


WBIY
Segment Benchmark
56.86%
91.58%
29.22%
6.57%
10.05%
1.68%
3.87%
0.17%