Prepare and Protect:

Let us help you navigate the cycles

ACTIVE RISK-MANAGED ETFS

 

WBI’s active investment process seeks to manage risk to capital, unleash the benefits of compounding, and grow capital efficiently through good and bad market cycles. Our Bull|Bear ETFs combine our time-tested, multi-factor security selection models with our advanced dynamic trailing stop process to protect capital.

TREND SWITCH ETFS

 

WBI has utilized domestic stock and fixed income trend models in our quantitative management process for nearly 30 years. The Trend Switch ETFs are designed to give investors simple solutions aiming to optimize outcomes in bull and bear market cycles.

POWER FACTOR ETFS

 

WBI’s multi-factor security selection models have been time-tested over three decades to develop the most powerful factor combinations to find the strongest dividend stocks to buy. Our Power Factor ETF unleashes the power of WBI’s sophisticated security selection to identify 50 stocks that have a deep value bias, quality fundamentals, and an attractive yield. Quarterly rebalancing provides a more active approach than you would find in similar offerings.

FEATURED PRODUCTS

WBIE

WBI Bull|Bear
Rising Income 3000 ETF

WBIY

WBI Power Factor™ High Dividend ETF

WBIT

WBI Bull|Bear Trend Switch US 3000 Total Return

WBII

WBI Bull|Bear
Global Income ETF

ALL FUNDS

Fund Information
As of: 11/18/2019
NAV Daily Change Fact Sheet Holdings
$26.03
- $0.12
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
11/19/2019WBIYABBV00287Y109ABBVIE INC57,60788.7300005111469.115.38%95013880.003650000730.00
11/19/2019WBIYMO02209S103ALTRIA GROUP INC99,77048.3400004822881.805.08%95013880.003650000730.00
11/19/2019WBIYSLB806857108SCHLUMBERGER LTD138,53334.6900004805709.775.06%95013880.003650000730.00
11/19/2019WBIYPM718172109PHILIP MORRIS INTL INC54,20984.7900004596381.114.84%95013880.003650000730.00
11/19/2019WBIYT00206R102AT&T INC114,48239.6300004536921.664.78%95013880.003650000730.00
11/19/2019WBIYF345370860FORD MTR CO DEL484,9398.9500004340204.054.57%95013880.003650000730.00
11/19/2019WBIYOXY674599105OCCIDENTAL PETE CORP109,54139.3000004304961.304.53%95013880.003650000730.00
11/19/2019WBIYM55616P104MACYS INC233,58416.8800003942897.924.15%95013880.003650000730.00
11/19/2019WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC65,50660.0900003936255.544.14%95013880.003650000730.00
11/19/2019WBIYXOM30231G102EXXON MOBIL CORP55,53568.5200003805258.204.00%95013880.003650000730.00
11/19/2019WBIYIP460146103INTL PAPER CO67,14645.8800003080658.483.24%95013880.003650000730.00
11/19/2019WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -31,39994.9200002980393.083.14%95013880.003650000730.00
11/19/2019WBIYWRK96145D105WESTROCK CO68,04640.0200002723200.922.87%95013880.003650000730.00
11/19/2019WBIYCCL143658300CARNIVAL CORP55,09844.7000002462880.602.59%95013880.003650000730.00
11/19/2019WBIYIVZG491BT108INVESCO LTD135,90017.3700002360583.002.48%95013880.003650000730.00
11/19/2019WBIYKSS500255104KOHLS CORP39,15458.4000002286593.602.41%95013880.003650000730.00
11/19/2019WBIYGPS364760108GAP INC123,43517.3000002135425.502.25%95013880.003650000730.00
11/19/2019WBIYTPR876030107TAPESTRY INC78,23326.9400002107597.022.22%95013880.003650000730.00
11/19/2019WBIYCC163851108CHEMOURS CO102,05116.9800001732825.981.82%95013880.003650000730.00
11/19/2019WBIYIPG460690100INTERPUBLIC GROUP COS INC69,18222.3600001546909.521.63%95013880.003650000730.00
11/19/2019WBIYGT382550101GOODYEAR TIRE & RUBR CO89,60016.1600001447936.001.52%95013880.003650000730.00
11/19/2019WBIYANF002896207ABERCROMBIE & FITCH CO84,10217.0800001436462.161.51%95013880.003650000730.00
11/19/2019WBIYCash&OtherCash&OtherCash & Other1,428,2771.0000001428276.841.50%95013880.00365000073Y
11/19/2019WBIYHRB093671105BLOCK H & R INC56,81524.8600001412420.901.49%95013880.003650000730.00
11/19/2019WBIYJWN655664100NORDSTROM INC37,18837.8700001408309.561.48%95013880.003650000730.00
11/19/2019WBIYVLO91913Y100VALERO ENERGY CORP NEW13,968100.1600001399034.881.47%95013880.0036500007312571.20
11/19/2019WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM10,371134.3100001392929.011.47%95013880.003650000730.00
11/19/2019WBIYHOG412822108HARLEY DAVIDSON INC35,57137.5500001335691.051.41%95013880.003650000730.00
11/19/2019WBIYPRU744320102PRUDENTIAL FINL INC13,57993.1400001264748.061.33%95013880.003650000730.00
11/19/2019WBIYFLR343412102FLUOR CORP NEW70,93617.3500001230739.601.30%95013880.003650000730.00
11/19/2019WBIYVZ92343V104VERIZON COMMUNICATIONS INC20,83259.4400001238254.081.30%95013880.003650000730.00
11/19/2019WBIYKEY493267108KEYCORP NEW64,65218.9700001226448.441.29%95013880.003650000730.00
11/19/2019WBIYHBAN446150104HUNTINGTON BANCSHARES INC81,82314.7300001205252.791.27%95013880.003650000730.00
11/19/2019WBIYRLGY75605Y106REALOGY HLDGS CORP97,34210.3800001010409.961.06%95013880.003650000730.00
11/19/2019WBIYBIG089302103BIG LOTS INC46,15620.680000954506.081.00%95013880.003650000730.00
11/19/2019WBIYPACW695263103PACWEST BANCORP DEL23,67638.170000903712.920.95%95013880.0036500007314205.60
11/19/2019WBIYUFS257559203DOMTAR CORP23,15138.570000892934.070.94%95013880.003650000730.00
11/19/2019WBIYNAVI63938C108NAVIENT CORPORATION61,38814.230000873551.240.92%95013880.003650000730.00
11/19/2019WBIYCVI12662P108CVR ENERGY INC17,52045.290000793480.800.84%95013880.003650000730.00
11/19/2019WBIYR783549108RYDER SYS INC15,14852.060000788604.880.83%95013880.003650000730.00
11/19/2019WBIYAMC00165C104AMC ENTMT HLDGS INC86,9568.470000736517.320.78%95013880.003650000730.00
11/19/2019WBIYPETS716382106PETMED EXPRESS INC20,51722.670000465120.390.49%95013880.003650000730.00
11/19/2019WBIYWDR930059100WADDELL & REED FINL INC27,64016.370000452466.800.48%95013880.003650000730.00
11/19/2019WBIYNEWM64704V106NEW MEDIA INVT GROUP INC55,7806.320000352529.600.37%95013880.003650000730.00
11/19/2019WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A11,05427.860000307964.440.32%95013880.003650000730.00
11/19/2019WBIYCVA22282E102COVANTA HLDG CORP19,21214.700000282416.400.30%95013880.003650000730.00
11/19/2019WBIYGEF397624107GREIF INC6,20641.600000258169.600.27%95013880.003650000730.00
11/19/2019WBIYHOPE43940T109HOPE BANCORP INC15,91514.350000228380.250.24%95013880.003650000730.00
11/19/2019WBIYSPTN847215100SPARTANNASH CO17,62412.760000224882.240.24%95013880.003650000730.00
11/19/2019WBIYETH297602104ETHAN ALLEN INTERIORS INC11,65218.870000219873.240.23%95013880.003650000730.00
11/19/2019WBIYBPFH101119105BOSTON PRIVATE FINL HLDGS INC COM19,20211.490000220630.980.23%95013880.003650000730.00
Fund Goals

  • Multi-factor smart beta ETF
  • Power Factor™ approach focuses on generating the highest dividend yield with a deep value bias and multi-factor fundamental analysis to confirm quality
  • Designed to track the Solactive Power Factor™ High Dividend Index

Prices
As of: 11/18/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net/Gross Expense Ratio
3,650,000
95.01
$26.02
8,810
-0.06%
0.70% / 0.85%
Performance Month End
As of: 10/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
1.81%
1.81%
15.74%
4.13%
 
5.16%
Market
1.78%
1.78%
16.00%
3.81%
 
5.07%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
7.55
0.60
13.69
-3.52
 
4.64
Market
7.43
0.60
13.97
-3.69
 
4.56

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.  The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 10/31/2019
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
4.84%
4.83%

WBIY Top Holdings
As of: 11/19/2019
Security Name Weightings Shares
ABBVIE INC
ALTRIA GROUP INC
SCHLUMBERGER LTD
PHILIP MORRIS INTL INC
AT&T INC
FORD MTR CO DEL
OCCIDENTAL PETE CORP
MACYS INC
SEAGATE TECHNOLOGY PLC
EXXON MOBIL CORP
5.38%
5.08%
5.06%
4.84%
4.78%
4.57%
4.53%
4.15%
4.14%
4.00%
57,607
99,770
138,533
54,209
114,482
484,939
109,541
233,584
65,506
55,535
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 11/18/2019
NAV Daily Change Fact Sheet Holdings
$20.97
- $0.03
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
11/19/2019WBITSLQD46434V100ISHARES TR 0-5YR INVT GR CP358,29251.10000018308721.2042.07%43522502.502075000830.00
11/19/2019WBITVCSH92206C409VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD225,85081.01000018296108.5042.04%43522502.502075000830.00
11/19/2019WBITIGSB464288646ISHARES TR SH TR CRPORT ETF123,84253.6500006644123.3015.27%43522502.502075000830.00
11/19/2019WBITCash&OtherCash&OtherCash & Other266,1171.000000266116.560.61%43522502.50207500083Y
Fund Goals

  • Manage risk to capital
  • Seeks current income and long-term capital appreciation

Prices
As of: 11/18/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,075,000
43.52
$21.00
3,968
0.12%
0.67%
Performance Month End
As of: 10/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
-0.07%
-0.07%
6.40%
 
 
6.40%
Market
0.05%
0.05%
6.44%
 
 
6.44%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
0.32
2.92
6.47
 
 
6.47
Market
0.42
2.75
6.39
 
 
6.39

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.  The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 10/31/2019
30-Day SEC Yield
5.49%

WBIT Top Holdings
As of: 11/19/2019
Security Name Weightings Shares
ISHARES TR 0-5YR INVT GR CP
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD
ISHARES TR SH TR CRPORT ETF
Cash & Other
42.07%
42.04%
15.27%
0.61%
358,292
225,850
123,842
266,117
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 11/18/2019
NAV Daily Change Fact Sheet Holdings
$20.22
- $0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
11/19/2019WBINSLQD46434V100ISHARES TR 0-5YR INVT GR CP178,91851.1000009142709.8042.06%21737252.501075000430.00
11/19/2019WBINVCSH92206C409VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD112,78281.0100009136469.8242.03%21737252.501075000430.00
11/19/2019WBINIGSB464288646ISHARES TR SH TR CRPORT ETF61,84253.6500003317823.3015.26%21737252.501075000430.00
11/19/2019WBINCash&OtherCash&OtherCash & Other136,5121.000000136511.540.63%21737252.50107500043Y
Fund Goals

  • Manage risk to capital
  • Seeks current income and long-term capital appreciation

Prices
As of: 11/18/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,075,000
21.74
$20.23
4,007
0.02%
0.77%
Performance Month End
As of: 10/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 7/18/2019
NAV
-0.07%
-0.07%
2.83%
 
 
2.83%
Market
0.00%
0.00%
2.78%
 
 
2.78%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 7/18/2019
NAV
0.32
2.90
2.90
 
 
2.90
Market
0.26
2.78
2.78
 
 
2.78

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.  The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 10/31/2019
30-Day SEC Yield
5.54%

WBIN Top Holdings
As of: 11/19/2019
Security Name Weightings Shares
ISHARES TR 0-5YR INVT GR CP
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD
ISHARES TR SH TR CRPORT ETF
Cash & Other
42.06%
42.03%
15.26%
0.63%
178,918
112,782
61,842
136,512
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 11/18/2019
NAV Daily Change Fact Sheet Holdings
$25.26
- $0.03
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
11/19/2019WBIISLQD46434V100ISHARES TR 0-5YR INVT GR CP629,29651.10000032157025.6033.06%97257545.003850000770.00
11/19/2019WBIIVCSH92206C409VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD396,71581.01000032137882.1533.04%97257545.003850000770.00
11/19/2019WBIIIGSB464288646ISHARES TR SH TR CRPORT ETF217,83953.65000011687062.3512.02%97257545.003850000770.00
11/19/2019WBIIHYLB233051432DBX ETF TR XTRACK USD HIGH220,94749.75000010992113.2511.30%97257545.003850000770.00
11/19/2019WBIIVCLT92206C813VANGUARD SCOTTSDALE FDS LG-TERM COR BD96,680100.2900009696037.209.97%97257545.003850000770.00
11/19/2019WBIICash&OtherCash&OtherCash & Other573,2741.000000573274.020.59%97257545.00385000077Y
Fund Goals

  • Manage risk to capital
  • Generate high current yield that helps to promote compounding
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in income-producing debt and equity securities of foreign and domestic companies

Prices
As of: 11/18/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
3,850,000
97.26
$25.23
5,704
-0.13%
1.29%
Performance Month End
As of: 10/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.49%
-0.49%
8.67%
11.62%
3.75%
2.67%
Market
-0.47%
-0.47%
8.71%
11.51%
3.76%
2.64%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.10
2.60
9.20
10.67
3.50
2.81
Market
-0.15
2.58
9.22
10.60
3.47
2.78

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.  The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 10/31/2019
30-Day SEC Yield
4.53%
WBII Top Holdings
As of: 11/19/2019
Security Name Weightings Shares
ISHARES TR 0-5YR INVT GR CP
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD
ISHARES TR SH TR CRPORT ETF
DBX ETF TR XTRACK USD HIGH
VANGUARD SCOTTSDALE FDS LG-TERM COR BD
Cash & Other
33.06%
33.04%
12.02%
11.30%
9.97%
0.59%
629,296
396,715
217,839
220,947
96,680
573,274
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 11/18/2019
NAV Daily Change Fact Sheet Holdings
$27.65
- $0.07
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
11/19/2019WBIECDW12514G108CDW CORP19,005137.6400002615848.204.62%56585930.162046278400.00
11/19/2019WBIEALLEG0176J109ALLEGION PUB LTD CO21,747118.4100002575062.274.55%56585930.162046278400.00
11/19/2019WBIEABBV00287Y109ABBVIE INC27,75788.7300002462878.614.35%56585930.162046278400.00
11/19/2019WBIEPG742718109PROCTER & GAMBLE CO20,022121.8900002440481.584.31%56585930.162046278400.00
11/19/2019WBIETER880770102TERADYNE INC35,31365.1100002299229.434.06%56585930.162046278400.00
11/19/2019WBIEFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM47,67347.6000002269234.804.01%56585930.162046278400.00
11/19/2019WBIEROST778296103ROSS STORES INC19,520112.1900002189948.803.87%56585930.162046278400.00
11/19/2019WBIEBMY110122108BRISTOL MYERS SQUIBB CO37,71057.6500002173981.503.84%56585930.162046278400.00
11/19/2019WBIEPNC693475105PNC FINL SVCS GROUP INC14,252151.7100002162170.923.82%56585930.162046278400.00
11/19/2019WBIEATVI00507V109ACTIVISION BLIZZARD INC40,72252.7300002147271.063.79%56585930.162046278400.00
11/19/2019WBIEHD437076102HOME DEPOT INC8,577238.8500002048616.453.62%56585930.162046278400.00
11/19/2019WBIECPB134429109CAMPBELL SOUP CO40,69248.0400001954843.683.45%56585930.162046278400.00
11/19/2019WBIESCHW808513105THE CHARLES SCHWAB CORPORATION COM44,07244.1800001947100.963.44%56585930.162046278400.00
11/19/2019WBIECMCSA20030N101COMCAST CORP NEW43,46744.6100001939062.873.43%56585930.162046278400.00
11/19/2019WBIEICE45866F104INTERCONTINENTAL EXCHANGE INC COM20,64092.8200001915804.803.39%56585930.162046278400.00
11/19/2019WBIEVZ92343V104VERIZON COMMUNICATIONS INC32,12059.4400001909212.803.37%56585930.162046278400.00
11/19/2019WBIEMXIM57772K101MAXIM INTEGRATED PRODS INC32,96056.6200001866195.203.30%56585930.162046278400.00
11/19/2019WBIEORCL68389X105ORACLE CORP30,06556.1900001689352.352.99%56585930.162046278400.00
11/19/2019WBIEBHE08160H101BENCHMARK ELECTRS INC39,60033.6500001332540.002.35%56585930.162046278400.00
11/19/2019WBIETXN882508104TEXAS INSTRS INC10,583117.8900001247629.872.20%56585930.162046278400.00
11/19/2019WBIEUPS911312106UNITED PARCEL SERVICE INC9,834122.7700001207320.182.13%56585930.162046278400.00
11/19/2019WBIEAMAT038222105APPLIED MATLS INC19,15562.3500001194314.252.11%56585930.162046278400.00
11/19/2019WBIECCL143658300CARNIVAL CORP23,29144.7000001041107.701.84%56585930.162046278400.00
11/19/2019WBIEKEY493267108KEYCORP NEW54,01118.9700001024588.671.81%56585930.162046278400.00
11/19/2019WBIEMRK58933Y105MERCK & CO INC11,96184.1300001006278.931.78%56585930.162046278400.00
11/19/2019WBIEV92826C839VISA INC5,597179.6600001005557.021.78%56585930.162046278400.00
11/19/2019WBIEMSFT594918104MICROSOFT CORP6,212150.340000933912.081.65%56585930.162046278400.00
11/19/2019WBIECSCO17275R102CISCO SYS INC20,07145.150000906205.651.60%56585930.162046278400.00
11/19/2019WBIECSGS126349109CSG SYS INTL INC12,93157.580000744566.981.32%56585930.162046278400.00
11/19/2019WBIECBOE12503M108CBOE GLOBAL MARKETS INC6,127120.470000738119.691.30%56585930.162046278400.00
11/19/2019WBIEDGX74834L100QUEST DIAGNOSTICS INC5,640103.980000586447.201.04%56585930.162046278400.00
11/19/2019WBIECash&OtherCash&OtherCash & Other543,3201.000000543320.290.96%56585930.16204627840Y
11/19/2019WBIELUV844741108SOUTHWEST AIRLS CO7,15557.780000413415.900.73%56585930.162046278400.00
11/19/2019WBIEIBTX45384B106INDEPENDENT BK GROUP INC5,51756.710000312869.070.55%56585930.162046278400.00
11/19/2019WBIEHUBB443510607HUBBELL INC2,067147.750000305399.250.54%56585930.162046278400.00
11/19/2019WBIEJBSS800422107SANFILIPPO JOHN B & SON INC2,960102.060000302097.600.53%56585930.162046278400.00
11/19/2019WBIEZION989701107ZIONS BANCORPORATION N A6,03349.305000297457.070.53%56585930.162046278400.00
11/19/2019WBIEDOXG02602103AMDOCS LTD4,06569.420000282192.300.50%56585930.162046278400.00
11/19/2019WBIEFBHS34964C106FORTUNE BRANDS HOME & SEC INC COM4,21463.570000267883.980.47%56585930.162046278400.00
11/19/2019WBIEWSM969904101WILLIAMS SONOMA INC3,60672.940000263021.640.46%56585930.162046278400.00
11/19/2019WBIESC80283M101SANTANDER CONSUMER USA HDG INC COM10,71223.790000254838.480.45%56585930.162046278400.00
11/19/2019WBIERGA759351604REINSURANCE GRP OF AMERICA INC COM NEW1,555163.310000253947.050.45%56585930.162046278400.00
11/19/2019WBIECRI146229109CARTERS INC2,467103.360000254989.120.45%56585930.162046278400.00
11/19/2019WBIESLGN827048109SILGAN HOLDINGS INC8,06330.950000249549.850.44%56585930.162046278400.00
11/19/2019WBIEMSM553530106MSC INDL DIRECT INC3,37273.930000249291.960.44%56585930.162046278400.00
11/19/2019WBIER783549108RYDER SYS INC4,62452.060000240725.440.43%56585930.162046278400.00
11/19/2019WBIEWEN95058W100WENDYS CO11,75220.460000240445.920.42%56585930.162046278400.00
11/19/2019WBIEFCNCA31946M103FIRST CTZNS BANCSHARES INC N C CL A294514.170000151165.980.27%56585930.162046278400.00
11/19/2019WBIEFSS313855108FEDERAL SIGNAL CORP3,85532.950000127022.250.22%56585930.162046278400.00
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities with improving fundamental growth trends

Prices
As of: 11/18/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,046,278
56.59
$27.63
5,549
-0.08%
1.13%
Performance Month End
As of: 10/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.54%
-0.54%
8.91%
4.02%
9.83%
2.29%
Market
-0.70%
-0.70%
8.82%
3.81%
9.84%
2.25%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.42
1.67
9.51
-2.12
8.84
2.43
Market
-0.37
1.76
9.59
-2.07
8.78
2.43

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.  The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For most recent month-end performance, please see the monthly performance tab.

*Effective October 25, 2019, The Fund’s name and Strategy changed. The Fund was previously named WBI BullBear Rising Income 1000 ETF. Performance prior to October 25, 2019 reflects a large-cap investment strategy. The Fund now intends to invest in small, mid, and large caps.

Fund Characteristics
As of: 10/31/2019
30-Day SEC Yield
1.08%
WBIE Top Holdings
As of: 11/19/2019
Security Name Weightings Shares
CDW CORP
ALLEGION PUB LTD CO
ABBVIE INC
PROCTER & GAMBLE CO
TERADYNE INC
FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM
ROSS STORES INC
BRISTOL MYERS SQUIBB CO
PNC FINL SVCS GROUP INC
ACTIVISION BLIZZARD INC
4.62%
4.55%
4.35%
4.31%
4.06%
4.01%
3.87%
3.84%
3.82%
3.79%
19,005
21,747
27,757
20,022
35,313
47,673
19,520
37,710
14,252
40,722
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 11/18/2019
NAV Daily Change Fact Sheet Holdings
$27.61
- $0.06
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
11/19/2019WBIFNXPIN6596X109NXP SEMICONDUCTORS N V25,626115.9200002970565.924.81%61795176.692238315440.00
11/19/2019WBIFBMY110122108BRISTOL MYERS SQUIBB CO45,68657.6500002633797.904.26%61795176.692238315440.00
11/19/2019WBIFCMI231021106CUMMINS INC14,245183.4600002613387.704.23%61795176.692238315440.00
11/19/2019WBIFPG742718109PROCTER & GAMBLE CO21,263121.8900002591747.074.19%61795176.692238315440.00
11/19/2019WBIFCDW12514G108CDW CORP18,426137.6400002536154.644.10%61795176.692238315440.00
11/19/2019WBIFBBY086516101BEST BUY INC32,43577.2900002506901.154.06%61795176.692238315440.00
11/19/2019WBIFGWW384802104GRAINGER W W INC7,615317.4900002417686.353.91%61795176.692238315440.00
11/19/2019WBIFGL37959E102GLOBE LIFE INC23,45399.5300002334277.093.78%61795176.692238315440.00
11/19/2019WBIFROST778296103ROSS STORES INC20,582112.1900002309094.583.74%61795176.692238315440.00
11/19/2019WBIFCAT149123101CATERPILLAR INC DEL16,070143.5900002307491.303.73%61795176.692238315440.00
11/19/2019WBIFCSGS126349109CSG SYS INTL INC39,06557.5800002249362.703.64%61795176.692238315440.00
11/19/2019WBIFPNC693475105PNC FINL SVCS GROUP INC14,678151.7100002226799.383.60%61795176.692238315440.00
11/19/2019WBIFVZ92343V104VERIZON COMMUNICATIONS INC37,28159.4400002215982.643.59%61795176.692238315440.00
11/19/2019WBIFHD437076102HOME DEPOT INC8,834238.8500002110000.903.41%61795176.692238315440.00
11/19/2019WBIFCMCSA20030N101COMCAST CORP NEW45,89644.6100002047420.563.31%61795176.692238315440.00
11/19/2019WBIFICE45866F104INTERCONTINENTAL EXCHANGE INC COM21,79292.8200002022733.443.27%61795176.692238315440.00
11/19/2019WBIFBHE08160H101BENCHMARK ELECTRS INC52,44533.6500001764774.252.86%61795176.692238315440.00
11/19/2019WBIFTXN882508104TEXAS INSTRS INC12,136117.8900001430713.042.32%61795176.692238315440.00
11/19/2019WBIFDGX74834L100QUEST DIAGNOSTICS INC13,686103.9800001423070.282.30%61795176.692238315440.00
11/19/2019WBIFFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM28,98747.6000001379781.202.23%61795176.692238315440.00
11/19/2019WBIFAMAT038222105APPLIED MATLS INC20,55662.3500001281666.602.07%61795176.692238315440.00
11/19/2019WBIFMS617446448MORGAN STANLEY25,75149.0300001262571.532.04%61795176.692238315440.00
11/19/2019WBIFCTSH192446102COGNIZANT TECHNOLOGY SOLUTIONS CL A17,64563.6300001122751.351.82%61795176.692238315440.00
11/19/2019WBIFMRK58933Y105MERCK & CO INC12,83484.1300001079724.421.75%61795176.692238315440.00
11/19/2019WBIFUPS911312106UNITED PARCEL SERVICE INC8,733122.7700001072150.411.74%61795176.692238315440.00
11/19/2019WBIFCSCO17275R102CISCO SYS INC21,42245.150000967203.301.57%61795176.692238315440.00
11/19/2019WBIFORCL68389X105ORACLE CORP16,99356.190000954836.671.55%61795176.692238315440.00
11/19/2019WBIFV92826C839VISA INC5,227179.660000939082.821.52%61795176.692238315440.00
11/19/2019WBIFMSFT594918104MICROSOFT CORP5,940150.340000893019.601.45%61795176.692238315440.00
11/19/2019WBIFCFG174610105CITIZENS FINL GROUP INC23,06738.000000876546.001.42%61795176.692238315440.00
11/19/2019WBIFANTM036752103ANTHEM INC2,910294.000000855540.001.38%61795176.692238315440.00
11/19/2019WBIFRJF754730109RAYMOND JAMES FINANCIAL INC8,16289.440000730009.281.18%61795176.692238315440.00
11/19/2019WBIFCash&OtherCash&OtherCash & Other564,3041.000000564304.410.91%61795176.69223831544Y
11/19/2019WBIFAIZ04621X108ASSURANT INC2,586132.670000343084.620.56%61795176.692238315440.00
11/19/2019WBIFXRX98421M106XEROX HOLDINGS CORP8,59839.300000337901.400.55%61795176.692238315440.00
11/19/2019WBIFNWL651229106NEWELL BRANDS INC17,39919.640000341716.360.55%61795176.692238315440.00
11/19/2019WBIFBBBY075896100BED BATH & BEYOND INC24,28813.960000339060.480.55%61795176.692238315440.00
11/19/2019WBIFKNL498904200KNOLL INC12,13427.370000332107.580.54%61795176.692238315440.00
11/19/2019WBIFCRI146229109CARTERS INC3,231103.360000333956.160.54%61795176.692238315440.00
11/19/2019WBIFALK011659109ALASKA AIR GROUP INC4,76970.060000334116.140.54%61795176.692238315440.00
11/19/2019WBIFSPR848574109SPIRIT AEROSYSTEMS HLDGS INC COM CL A3,53891.710000324469.980.53%61795176.692238315440.00
11/19/2019WBIFFAF31847R102FIRST AMERN FINL CORP5,10063.500000323850.000.52%61795176.692238315440.00
11/19/2019WBIFFUL359694106FULLER H B CO6,27549.750000312181.250.51%61795176.692238315440.00
11/19/2019WBIFSLGN827048109SILGAN HOLDINGS INC10,25330.950000317330.350.51%61795176.692238315440.00
11/19/2019WBIFRNST75970E107RENASANT CORP8,46234.960000295831.520.48%61795176.692238315440.00
11/19/2019WBIFPOL73179P106POLYONE CORP9,07732.800000297725.600.48%61795176.692238315440.00
11/19/2019WBIFHBI410345102HANESBRANDS INC19,19915.440000296432.560.48%61795176.692238315440.00
11/19/2019WBIFSNA833034101SNAP ON INC1,556160.970000250469.320.41%61795176.692238315441680.48
11/19/2019WBIFMSM553530106MSC INDL DIRECT INC2,40873.930000178023.440.29%61795176.692238315440.00
11/19/2019WBIFBYD103304101BOYD GAMING CORP4,78730.110000144136.570.23%61795176.692238315440.00
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities with consistent fundamentals and strong value characteristics

Prices
As of: 11/18/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,238,315
61.80
$27.63
5,622
0.06%
1.18%
Performance Month End
As of: 10/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.27%
0.27%
-0.92%
-5.58%
8.52%
2.26%
Market
0.09%
0.09%
-1.03%
-5.64%
8.54%
2.25%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.05
-1.15
-1.18
-11.33
8.12
2.24
Market
0.21
-0.97
-1.12
-11.20
8.15
2.27

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.  The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For most recent month-end performance, please see the monthly performance tab.

*Effective October 25, 2019, The Fund’s name and Strategy changed. The Fund was previously named WBI BullBear Value 1000 ETF. Performance prior to October 25, 2019 reflects a large-cap investment strategy. The Fund now intends to invest in small, mid, and large caps.

Fund Characteristics
As of: 10/31/2019
30-Day SEC Yield
1.00%
WBIF Top Holdings
As of: 11/19/2019
Security Name Weightings Shares
NXP SEMICONDUCTORS N V
BRISTOL MYERS SQUIBB CO
CUMMINS INC
PROCTER & GAMBLE CO
CDW CORP
BEST BUY INC
GRAINGER W W INC
GLOBE LIFE INC
ROSS STORES INC
CATERPILLAR INC DEL
4.81%
4.26%
4.23%
4.19%
4.10%
4.06%
3.91%
3.78%
3.74%
3.73%
25,626
45,686
14,245
21,263
18,426
32,435
7,615
23,453
20,582
16,070
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 11/18/2019
NAV Daily Change Fact Sheet Holdings
$24.19
- $0.04
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
11/19/2019WBIGORCL68389X105ORACLE CORP68,65456.1900003857668.264.72%81777781.373380183670.00
11/19/2019WBIGUPS911312106UNITED PARCEL SERVICE INC28,815122.7700003537617.554.33%81777781.373380183670.00
11/19/2019WBIGQCOM747525103QUALCOMM INC38,93690.4800003522929.284.31%81777781.373380183670.00
11/19/2019WBIGCDW12514G108CDW CORP24,995137.6400003440311.804.21%81777781.373380183670.00
11/19/2019WBIGVZ92343V104VERIZON COMMUNICATIONS INC54,33759.4400003229791.283.95%81777781.373380183670.00
11/19/2019WBIGHBAN446150104HUNTINGTON BANCSHARES INC215,58114.7300003175508.133.88%81777781.373380183670.00
11/19/2019WBIGETNG29183103EATON CORP PLC34,84490.7300003161396.123.87%81777781.373380183670.00
11/19/2019WBIGPNC693475105PNC FINL SVCS GROUP INC20,746151.7100003147375.663.85%81777781.373380183670.00
11/19/2019WBIGBMY110122108BRISTOL MYERS SQUIBB CO54,09957.6500003118807.353.81%81777781.373380183670.00
11/19/2019WBIGAES00130H105AES CORP158,58418.4900002932218.163.59%81777781.373380183670.00
11/19/2019WBIGFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM61,70247.6000002937015.203.59%81777781.373380183670.00
11/19/2019WBIGBBY086516101BEST BUY INC37,29477.2900002882453.263.52%81777781.373380183670.00
11/19/2019WBIGHD437076102HOME DEPOT INC11,965238.8500002857840.253.49%81777781.373380183670.00
11/19/2019WBIGCPB134429109CAMPBELL SOUP CO58,41648.0400002806304.643.43%81777781.373380183670.00
11/19/2019WBIGCMCSA20030N101COMCAST CORP NEW61,90844.6100002761715.883.38%81777781.373380183670.00
11/19/2019WBIGICE45866F104INTERCONTINENTAL EXCHANGE INC COM29,58392.8200002745894.063.36%81777781.373380183670.00
11/19/2019WBIGROST778296103ROSS STORES INC21,278112.1900002387178.822.92%81777781.373380183670.00
11/19/2019WBIGMRK58933Y105MERCK & CO INC25,54784.1300002149269.112.63%81777781.373380183670.00
11/19/2019WBIGMXIM57772K101MAXIM INTEGRATED PRODS INC36,59956.6200002072235.382.53%81777781.373380183670.00
11/19/2019WBIGCMI231021106CUMMINS INC10,382183.4600001904681.722.33%81777781.373380183670.00
11/19/2019WBIGGEF397624107GREIF INC44,93741.6000001869379.202.29%81777781.373380183670.00
11/19/2019WBIGTXN882508104TEXAS INSTRS INC15,386117.8900001813855.542.22%81777781.373380183670.00
11/19/2019WBIGPG742718109PROCTER & GAMBLE CO14,150121.8900001724743.502.11%81777781.373380183670.00
11/19/2019WBIGAMAT038222105APPLIED MATLS INC27,64862.3500001723852.802.11%81777781.373380183670.00
11/19/2019WBIGKEY493267108KEYCORP NEW84,01818.9700001593821.461.95%81777781.373380183670.00
11/19/2019WBIGABBV00287Y109ABBVIE INC16,13188.7300001431303.631.75%81777781.373380183670.00
11/19/2019WBIGCCL143658300CARNIVAL CORP31,90744.7000001426242.901.74%81777781.373380183670.00
11/19/2019WBIGCSCO17275R102CISCO SYS INC28,81345.1500001300906.951.59%81777781.373380183670.00
11/19/2019WBIGV92826C839VISA INC6,032179.6600001083709.121.33%81777781.373380183670.00
11/19/2019WBIGCash&OtherCash&OtherCash & Other1,075,2321.0000001075232.251.31%81777781.37338018367Y
11/19/2019WBIGCFG174610105CITIZENS FINL GROUP INC19,16638.000000728308.000.89%81777781.373380183670.00
11/19/2019WBIGCSGS126349109CSG SYS INTL INC12,46557.580000717734.700.88%81777781.373380183670.00
11/19/2019WBIGDPZ25754A201DOMINOS PIZZA INC2,281284.610000649195.410.79%81777781.373380183670.00
11/19/2019WBIGTER880770102TERADYNE INC9,72565.110000633194.750.77%81777781.373380183670.00
11/19/2019WBIGPACW695263103PACWEST BANCORP DEL10,90138.170000416091.170.51%81777781.373380183676540.60
11/19/2019WBIGTHO885160101THOR INDS INC6,36564.350000409587.750.50%81777781.373380183670.00
11/19/2019WBIGDAN235825205DANA INC24,03616.710000401641.560.49%81777781.373380183670.00
11/19/2019WBIGMSM553530106MSC INDL DIRECT INC5,39073.930000398482.700.49%81777781.373380183670.00
11/19/2019WBIGKNL498904200KNOLL INC14,45327.370000395578.610.48%81777781.373380183670.00
11/19/2019WBIGHBI410345102HANESBRANDS INC25,32715.440000391048.880.48%81777781.373380183670.00
11/19/2019WBIGWSM969904101WILLIAMS SONOMA INC5,27472.940000384685.560.47%81777781.373380183670.00
11/19/2019WBIGJW/A968223206WILEY JOHN & SONS INC8,34446.110000384741.840.47%81777781.373380183670.00
11/19/2019WBIGFAF31847R102FIRST AMERN FINL CORP5,95463.500000378079.000.46%81777781.373380183670.00
11/19/2019WBIGFHN320517105FIRST HORIZON NATL CORP22,54316.260000366549.180.45%81777781.373380183670.00
11/19/2019WBIGFHB32051X108FIRST HAWAIIAN INC13,09528.390000371767.050.45%81777781.373380183670.00
11/19/2019WBIGXPER98421B100XPERI CORP17,73220.400000361732.800.44%81777781.373380183670.00
11/19/2019WBIGOMF68268W103ONEMAIN HLDGS INC7,50340.740000305672.220.37%81777781.373380183670.00
11/19/2019WBIGCAKE163072101CHEESECAKE FACTORY INC5,89143.940000258850.540.32%81777781.373380183670.00
11/19/2019WBIGHFC436106108HOLLYFRONTIER CORP2,22553.910000119949.750.15%81777781.373380183670.00
11/19/2019WBIGPRK700658107PARK NATL CORP318100.01000031803.180.04%81777781.373380183670.00
Fund Goals

  • Manage risk to capital
  • Generate an attractive current yield that helps promote compounding
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities that present themselves as undervalued opportunities with attractive dividend yields

Prices
As of: 11/18/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
3,380,183
81.78
$24.18
6,598
-0.05%
1.04%
Performance Month End
As of: 10/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-1.40%
-1.40%
1.66%
-6.11%
8.54%
0.04%
Market
-1.56%
-1.56%
1.75%
-6.22%
8.56%
0.02%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.35
-0.61
3.09
-9.31
7.72
0.32
Market
0.58
-0.36
3.36
-9.20
7.73
0.33

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.  The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For most recent month-end performance, please see the monthly performance tab.

*Effective October 25, 2019, The Fund’s name and Strategy changed. The Fund was previously named WBI BullBear Yield 1000 ETF. Performance prior to October 25, 2019 reflects a large-cap investment strategy. The Fund now intends to invest in small, mid, and largecaps.

Fund Characteristics
As of: 10/31/2019
30-Day SEC Yield
1.72%
WBIG Top Holdings
As of: 11/19/2019
Security Name Weightings Shares
ORACLE CORP
UNITED PARCEL SERVICE INC
QUALCOMM INC
CDW CORP
VERIZON COMMUNICATIONS INC
HUNTINGTON BANCSHARES INC
EATON CORP PLC
PNC FINL SVCS GROUP INC
BRISTOL MYERS SQUIBB CO
AES CORP
4.72%
4.33%
4.31%
4.21%
3.95%
3.88%
3.87%
3.85%
3.81%
3.59%
68,654
28,815
38,936
24,995
54,337
215,581
34,844
20,746
54,099
158,584
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 11/18/2019
NAV Daily Change Fact Sheet Holdings
$26.90
- $0.09
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
11/19/2019WBILORCL68389X105ORACLE CORP44,58556.1900002505231.154.71%53194499.961977182390.00
11/19/2019WBILAMP03076C106AMERIPRISE FINL INC15,750158.2600002492595.004.69%53194499.961977182390.00
11/19/2019WBILCPB134429109CAMPBELL SOUP CO48,16648.0400002313894.644.35%53194499.961977182390.00
11/19/2019WBILPG742718109PROCTER & GAMBLE CO18,812121.8900002292994.684.31%53194499.961977182390.00
11/19/2019WBILTER880770102TERADYNE INC35,06965.1100002283342.594.29%53194499.961977182390.00
11/19/2019WBILABBV00287Y109ABBVIE INC25,35488.7300002249660.424.23%53194499.961977182390.00
11/19/2019WBILCDW12514G108CDW CORP16,200137.6400002229768.004.19%53194499.961977182390.00
11/19/2019WBILMSFT594918104MICROSOFT CORP14,812150.3400002226836.084.19%53194499.961977182390.00
11/19/2019WBILSHW824348106SHERWIN WILLIAMS CO3,788586.0800002220071.044.17%53194499.961977182390.00
11/19/2019WBILMXIM57772K101MAXIM INTEGRATED PRODS INC37,83856.6200002142387.564.03%53194499.961977182390.00
11/19/2019WBILETNG29183103EATON CORP PLC22,95690.7300002082797.883.92%53194499.961977182390.00
11/19/2019WBILROST778296103ROSS STORES INC18,465112.1900002071588.353.89%53194499.961977182390.00
11/19/2019WBILBMY110122108BRISTOL MYERS SQUIBB CO35,84957.6500002066694.853.89%53194499.961977182390.00
11/19/2019WBILPNC693475105PNC FINL SVCS GROUP INC13,186151.7100002000448.063.76%53194499.961977182390.00
11/19/2019WBILHD437076102HOME DEPOT INC8,110238.8500001937073.503.64%53194499.961977182390.00
11/19/2019WBILCMCSA20030N101COMCAST CORP NEW41,15344.6100001835835.333.45%53194499.961977182390.00
11/19/2019WBILICE45866F104INTERCONTINENTAL EXCHANGE INC COM19,54092.8200001813702.803.41%53194499.961977182390.00
11/19/2019WBILSCHW808513105THE CHARLES SCHWAB CORPORATION COM37,75244.1800001667883.363.14%53194499.961977182390.00
11/19/2019WBILTXN882508104TEXAS INSTRS INC13,058117.8900001539407.622.89%53194499.961977182390.00
11/19/2019WBILAMAT038222105APPLIED MATLS INC18,28862.3500001140256.802.14%53194499.961977182390.00
11/19/2019WBILLHX502431109L3HARRIS TECHNOLOGIES INC5,020202.7400001017754.801.91%53194499.961977182390.00
11/19/2019WBILUPS911312106UNITED PARCEL SERVICE INC7,831122.770000961411.871.81%53194499.961977182390.00
11/19/2019WBILSYY871829107SYSCO CORP11,79180.700000951533.701.79%53194499.961977182390.00
11/19/2019WBILCVBF126600105CVB FINL CORP37,12121.210000787336.411.48%53194499.961977182390.00
11/19/2019WBILV92826C839VISA INC4,014179.660000721155.241.36%53194499.961977182390.00
11/19/2019WBILMRK58933Y105MERCK & CO INC8,34484.130000701980.721.32%53194499.961977182390.00
11/19/2019WBILCBOE12503M108CBOE GLOBAL MARKETS INC4,589120.470000552836.831.04%53194499.961977182390.00
11/19/2019WBILVZ92343V104VERIZON COMMUNICATIONS INC8,69959.440000517068.560.97%53194499.961977182390.00
11/19/2019WBILCSCO17275R102CISCO SYS INC9,59645.150000433259.400.81%53194499.961977182390.00
11/19/2019WBILCash&OtherCash&OtherCash & Other425,1711.000000425171.290.80%53194499.96197718239Y
11/19/2019WBILIEX45167R104IDEX CORP2,438161.180000392956.840.74%53194499.961977182390.00
11/19/2019WBILPNRG7S00T104PENTAIR PLC6,47443.370000280777.380.53%53194499.961977182390.00
11/19/2019WBILSPR848574109SPIRIT AEROSYSTEMS HLDGS INC COM CL A3,01991.710000276872.490.52%53194499.961977182390.00
11/19/2019WBILNEU651587107NEWMARKET CORP543498.160000270500.880.51%53194499.961977182390.00
11/19/2019WBILBAH099502106BOOZ ALLEN HAMILTON HLDG CORP CL A3,53973.940000261673.660.49%53194499.961977182390.00
11/19/2019WBILHBI410345102HANESBRANDS INC17,03315.440000262989.520.49%53194499.961977182390.00
11/19/2019WBILMLHR600544100MILLER HERMAN INC5,18749.050000254422.350.48%53194499.961977182390.00
11/19/2019WBILRDN750236101RADIAN GROUP INC9,86725.570000252299.190.47%53194499.961977182390.00
11/19/2019WBILESNTG3198U102ESSENT GROUP LTD4,64153.860000249964.260.47%53194499.961977182390.00
11/19/2019WBILCRI146229109CARTERS INC2,425103.360000250648.000.47%53194499.961977182390.00
11/19/2019WBILFII314211103FEDERATED INVS INC PA7,29733.430000243938.710.46%53194499.961977182390.00
11/19/2019WBILCSGS126349109CSG SYS INTL INC4,25457.580000244945.320.46%53194499.961977182390.00
11/19/2019WBILCSWI126402106CSW INDUSTRIALS INC3,32373.740000245038.020.46%53194499.961977182390.00
11/19/2019WBILJBSS800422107SANFILIPPO JOHN B & SON INC2,372102.060000242086.320.46%53194499.961977182390.00
11/19/2019WBILALK011659109ALASKA AIR GROUP INC3,49770.060000244999.820.46%53194499.961977182390.00
11/19/2019WBILTRMK898402102TRUSTMARK CORP6,49434.700000225341.800.42%53194499.961977182390.00
11/19/2019WBILHLI441593100HOULIHAN LOKEY INC4,73147.500000224722.500.42%53194499.961977182390.00
11/19/2019WBILKNL498904200KNOLL INC7,95527.370000217728.350.41%53194499.961977182390.00
11/19/2019WBILOSK688239201OSHKOSH CORP2,28590.280000206289.800.39%53194499.961977182390.00
11/19/2019WBILLSTR515098101LANDSTAR SYS INC1,444112.860000162969.840.31%53194499.961977182390.00
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities with strong measures of financial health and potential for growth.

Prices
As of: 11/18/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,977,182
53.19
$26.88
4,491
-0.09%
1.21%
Performance Month End
As of: 10/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-1.93%
-1.93%
6.84%
-0.47%
8.66%
1.50%
Market
-2.09%
-2.09%
6.68%
-0.66%
8.64%
1.46%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.62
-1.76
8.95
-4.78
8.52
1.91
Market
-0.56
-1.73
8.95
-4.72
8.48
1.90

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.  The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For most recent month-end performance, please see the monthly performance tab.

Effective October 25, 2019, The Fund’s name and Strategy changed. The Fund was previously named WBI BullBear Quality 1000 ETF. Performance prior to October 25, 2019 reflects a large-cap investment strategy. The Fund now intends to invest in small, mid, and large caps.

Fund Characteristics
As of: 10/31/2019
30-Day SEC Yield
0.95%
WBIL Top Holdings
As of: 11/19/2019
Security Name Weightings Shares
ORACLE CORP
AMERIPRISE FINL INC
CAMPBELL SOUP CO
PROCTER & GAMBLE CO
TERADYNE INC
ABBVIE INC
CDW CORP
MICROSOFT CORP
SHERWIN WILLIAMS CO
MAXIM INTEGRATED PRODS INC
4.71%
4.69%
4.35%
4.31%
4.29%
4.23%
4.19%
4.19%
4.17%
4.03%
44,585
15,750
48,166
18,812
35,069
25,354
16,200
14,812
3,788
37,838
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

An investment in the Funds is subject to risk, including the possible loss of principal. There is no guarantee the Advisor’s investment strategy or quantitative models used in the investment strategy will be successful. To the extent that a Fund invests in dividend-paying equities, if stocks held by the Fund reduce or stop paying dividends, the Funds’ ability to generate income may be affected. Small and medium capitalization companies may involve greater volatility and risk than investing in larger and more established companies. Foreign and emerging market securities carry additional risks such as currency fluctuation, economic or financial instability, lack of timely or reliable financial information, or unfavorable political or legal developments.

There are risks specific to WBIN, WBIT, and WBII which can primarily invest in debt securities. During periods of rising interest rates, the market value of the debt securities held by the Fund will generally decline. Credit risk is the risk that an issuer will not make timely payments of principal and interest. The debt securities that are rated below investment grade (i.e., “junk bonds”) are subject to additional risk factors such as increased possibility of default liquidation of the security.

There are risks specific to WBIY and WBIG which focus on high yielding securities. The Funds invest in high yielding stocks, which may be speculative, higher risk investments. It is possible these companies could pay out more than they can support and may reduce or stop paying dividends at any time, which could have a material adverse effect on the companies’ stock price and the Fund’s performance.

WBIF focuses on value securities. Value style investing involves the risk that an investment made in undervalued securities may not appreciate as anticipated or remain undervalued for long periods of time.

WBIY is not actively managed and the Sub-Advisor does not attempt to take defensive positions in declining markets. Unlike many investment companies, the Fund does not utilize an investing strategy that seeks returns in excess of its Underlying Index.

For a full list of investment risks associated with the funds, including but not limited to market risk, portfolio turnover risk, securities business risk, mortgage-backed securities risk, master limited partnership risk, real estate investment trust risk, ETF risk, and trading price risk, please read the prospectus.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in creation units only. Total returns are calculated using the daily 4:00 p.m. EST net asset value (NAV). Market price returns reflect the last trade on a given date where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.