WBIY
WBI Power Factor High Dividend ETFWBIY 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.
WBIY Summary Data
WBIY Portfolio Data
WBIY Index Data
WBIY Portfolio Management
WBIY Tax Exposures
WBIY Fund Structure
WBIY Factset Analytics Block Liquidity
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
WBIY Sector/Industry Breakdown
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WBIY Top 10 Holdings[View All]
WBIY Countries
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WBIY Regions
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WBIY Economic Development
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WBIY Performance Statistics
WBIY Benchmark Comparison Summary
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WBIY Benchmark Comparison Market Cap Size
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