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.

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

WBIF

WBI Bull|Bear
Value 3000 ETF

WBIY

WBI Power Factor® High Dividend ETF

WBIG

WBI Bull|Bear
Yield 3000 ETF

WBIL

WBI Bull|Bear
Quality 3000 ETF

ALL FUNDS

Fund Information
As of: 01/27/2023
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$28.92
$0.06
0.29%
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: 01/27/2023
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
2,850,000
82.41
$28.93
1,242
0.03%
0.70% / 0.94%
Performance Month End
As of: 12/31/2022
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
-5.51%
15.83%
-0.48%
-0.48%
5.22%
6.34%
Market
-5.43%
15.76%
-0.45%
-0.45%
5.35%
6.35%
Performance Quarter End
As of: 12/31/2022
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
-5.51
15.83
-0.48
-0.48
5.22
6.34
Market
-5.43
15.76
-0.45
-0.45
5.35
6.35

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. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please see the monthly performance table above.

*The Fund’s investment sub-advisor has agreed to limit the Fund’s Total Annual Fund Operating Expenses to no more than 0.70% of the average daily net assets for the Fund until at least October 31, 2023.

Fund Characteristics
As of: 12/31/2022
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
4.50%
4.29%

WBIY Top Holdings
As of: 01/30/2023
Security Name Weightings Shares
SEAGATE TECHNOLOGY HLDNGS PLC ORD SHS
LYONDELLBASELL INDUSTRIES N V SHS - A -
DOW INC
VERIZON COMMUNICATIONS INC
COTERRA ENERGY INC
ALTRIA GROUP INC
PIONEER NAT RES CO
INTEL CORP
KINDER MORGAN INC DEL
3M CO
5.25%
4.94%
4.86%
4.83%
4.73%
4.67%
4.64%
4.62%
4.55%
4.54%
62,690
42,597
67,954
97,989
154,000
87,251
16,302
135,332
204,000
32,476
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/30/2023WBIYSTXG7997R103SEAGATE TECHNOLOGY HLDNGS PLC ORD SHS62,69068.9900004324983.105.25%82412595.002850000570.00
01/30/2023WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -42,59795.5500004070143.354.94%82412595.002850000570.00
01/30/2023WBIYDOW260557103DOW INC67,95458.9700004007247.384.86%82412595.002850000570.00
01/30/2023WBIYVZ92343V104VERIZON COMMUNICATIONS INC97,98940.6400003982272.964.83%82412595.002850000570.00
01/30/2023WBIYCTRA127097103COTERRA ENERGY INC154,00025.3300003900820.004.73%82412595.002850000570.00
01/30/2023WBIYMO02209S103ALTRIA GROUP INC87,25144.1400003851259.144.67%82412595.002850000570.00
01/30/2023WBIYPXD723787107PIONEER NAT RES CO16,302234.3900003821025.784.64%82412595.002850000570.00
01/30/2023WBIYINTC458140100INTEL CORP135,33228.1600003810949.124.62%82412595.002850000570.00
01/30/2023WBIYKMI49456B101KINDER MORGAN INC DEL204,00018.3825003750030.004.55%82412595.0028500005756610.00
01/30/2023WBIYMMM88579Y1013M CO32,476115.2500003742859.004.54%82412595.002850000570.00
01/30/2023WBIYF345370860FORD MTR CO DEL272,80513.2700003620122.354.39%82412595.002850000570.00
01/30/2023WBIYWHR963320106WHIRLPOOL CORP20,113154.1000003099413.303.76%82412595.002850000570.00
01/30/2023WBIYIP460146103INTERNATIONAL PAPER CO80,50038.1100003067855.003.72%82412595.002850000570.00
01/30/2023WBIYKSS500255104KOHLS CORP93,91531.4900002957383.353.59%82412595.002850000570.00
01/30/2023WBIYNYCB649445103NEW YORK CMNTY BANCORP INC203,6339.8800002011894.042.44%82412595.002850000570.00
01/30/2023WBIYPRU744320102PRUDENTIAL FINL INC18,815103.5000001947352.502.36%82412595.002850000570.00
01/30/2023WBIYCALM128030202CAL MAINE FOODS INC27,18355.0300001495880.491.82%82412595.002850000570.00
01/30/2023WBIYFL344849104FOOT LOCKER INC32,36943.9800001423588.621.73%82412595.002850000570.00
01/30/2023WBIYNRG629377508NRG ENERGY INC40,89033.7500001380037.501.67%82412595.002850000570.00
01/30/2023WBIYBBY086516101BEST BUY INC14,78785.1800001259556.661.53%82412595.002850000570.00
01/30/2023WBIYWU959802109WESTERN UN CO88,17614.1800001250335.681.52%82412595.002850000570.00
01/30/2023WBIYPSX718546104PHILLIPS 6610,615108.7300001154168.951.40%82412595.002850000570.00
01/30/2023WBIYKHC500754106KRAFT HEINZ CO27,92739.6900001108422.631.34%82412595.002850000570.00
01/30/2023WBIYALLY02005N100ALLY FINL INC32,39932.3300001047459.671.27%82412595.002850000570.00
01/30/2023WBIYKEY493267108KEYCORP52,06518.990000988714.351.20%82412595.002850000570.00
01/30/2023WBIYFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM20,19643.520000878929.921.07%82412595.002850000570.00
01/30/2023WBIYHBAN446150104HUNTINGTON BANCSHARES INC57,69415.010000865986.941.05%82412595.002850000570.00
01/30/2023WBIYTFC89832Q109TRUIST FINANCIAL CORP17,62048.840000860560.801.04%82412595.002850000570.00
01/30/2023WBIYPAGP72651A207PLAINS GP HLDGS L P63,63813.272500844635.361.02%82412595.0028500005717023.17
01/30/2023WBIYUSB902973304US BANCORP DEL16,85948.860000823730.741.00%82412595.002850000570.00
01/30/2023WBIYBEN354613101FRANKLIN RESOURCES INC26,21830.720000805416.960.98%82412595.002850000570.00
01/30/2023WBIYCash&OtherCash&OtherCash & Other800,9521.000000800951.680.97%82412595.00285000057Y
01/30/2023WBIYLEG524660107LEGGETT & PLATT INC22,27935.720000795805.880.97%82412595.002850000570.00
01/30/2023WBIYCG14316J108CARLYLE GROUP INC22,67235.430000803268.960.97%82412595.002850000570.00
01/30/2023WBIYCVI12662P108CVR ENERGY INC21,93434.360000753652.240.91%82412595.002850000570.00
01/30/2023WBIYIVZG491BT108INVESCO LTD39,26818.300000718604.400.87%82412595.002850000570.00
01/30/2023WBIYORI680223104OLD REP INTL CORP26,81425.970000696359.580.84%82412595.002850000570.00
01/30/2023WBIYJXN46817M107JACKSON FINANCIAL INC14,98243.620000653514.840.79%82412595.002850000570.00
01/30/2023WBIYCWH13462K109CAMPING WORLD HLDGS INC25,81924.410000630241.790.76%82412595.002850000570.00
01/30/2023WBIYMDC552676108M D C HLDGS INC15,77138.170000601979.070.73%82412595.002850000570.00
01/30/2023WBIYFAF31847R102FIRST AMERN FINL CORP9,19461.340000563959.960.68%82412595.002850000570.00
01/30/2023WBIYUMPQ904214103UMPQUA HLDGS CORP31,43017.720000556939.600.68%82412595.002850000570.00
01/30/2023WBIYCWEN18539C204CLEARWAY ENERGY INC15,09233.660000507996.720.62%82412595.002850000570.00
01/30/2023WBIYVIRT928254101VIRTU FINL INC19,42719.870000386014.490.47%82412595.002850000570.00
01/30/2023WBIYHESM428103105HESS MIDSTREAM LP10,28631.170000320614.620.39%82412595.002850000570.00
01/30/2023WBIYSBGI829226109SINCLAIR BROADCAST GROUP INC CL A15,07620.470000308605.720.37%82412595.002850000570.00
01/30/2023WBIYNAVI63938C108NAVIENT CORPORATION16,03518.580000297930.300.36%82412595.002850000570.00
01/30/2023WBIYRCII76009N100RENT A CTR INC NEW10,46626.260000274837.160.33%82412595.002850000570.00
01/30/2023WBIYPPBI69478X105PACIFIC PREMIER BANCORP7,94831.020000246546.960.30%82412595.002850000570.00
01/30/2023WBIYPFS74386T105PROVIDENT FINL SVCS INC7,35523.120000170047.600.21%82412595.002850000570.00
01/30/2023WBIYHOPE43940T109HOPE BANCORP INC13,55212.570000170348.640.21%82412595.002850000570.00
Premium/Discount
Download Premium/Discount
Fund Information
As of: 01/27/2023
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$28.24
- $0.04
0.25%
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: 01/27/2023
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
1,488,315
42.03
$28.23
621
-0.04%
1.39% / 1.52%
Performance Month End
As of: 12/31/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-5.91%
-0.69%
-8.60%
-8.60%
1.32%
0.48
2.32%
Market
-5.66%
-0.69%
-8.38%
-8.38%
1.29%
0.39
2.31%
Performance Quarter End
As of: 12/31/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-5.91
-0.69
-8.60
-8.60
1.32
0.48
2.32
Market
-5.66
-0.69
-8.38
-8.38
1.29
0.39
2.31

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. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please see the monthly performance table above.

*The Fund’s investment sub-advisor has agreed to limit the Fund’s Total Annual Fund Operating Expenses to no more than 1.25% of the average daily net assets for the Fund until at least October 31, 2023.

Fund Characteristics
As of: 12/31/2022
30-Day SEC Yield
1.32%
WBIF Top Holdings
As of: 01/30/2023
Security Name Weightings Shares
Cash & Other
LENNAR CORP
QUALCOMM INC
LOEWS CORP
UNITED PARCEL SERVICE INC
EOG RES INC
COTERRA ENERGY INC
PDC ENERGY INC
DIAMONDBACK ENERGY INC
HUNTINGTON BANCSHARES INC
8.74%
5.72%
4.99%
4.95%
4.77%
4.45%
4.29%
4.27%
4.23%
4.21%
3,674,425
23,878
15,711
34,137
11,007
13,894
71,251
25,811
11,779
117,865
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/30/2023WBIFCash&OtherCash&OtherCash & Other3,674,4251.0000003674425.018.74%42030759.76148831529Y
01/30/2023WBIFLEN526057104LENNAR CORP23,878100.6100002402365.585.72%42030759.761488315290.00
01/30/2023WBIFQCOM747525103QUALCOMM INC15,711133.4000002095847.404.99%42030759.761488315290.00
01/30/2023WBIFL540424108LOEWS CORP34,13760.9900002082015.634.95%42030759.761488315290.00
01/30/2023WBIFUPS911312106UNITED PARCEL SERVICE INC11,007182.0900002004264.634.77%42030759.761488315290.00
01/30/2023WBIFEOG26875P101EOG RES INC13,894134.6600001870966.044.45%42030759.761488315290.00
01/30/2023WBIFCTRA127097103COTERRA ENERGY INC71,25125.3300001804787.834.29%42030759.761488315290.00
01/30/2023WBIFPDCE69327R101PDC ENERGY INC25,81169.6100001796703.714.27%42030759.761488315290.00
01/30/2023WBIFFANG25278X109DIAMONDBACK ENERGY INC11,779150.9600001778157.844.23%42030759.761488315290.00
01/30/2023WBIFHBAN446150104HUNTINGTON BANCSHARES INC117,86515.0100001769153.654.21%42030759.761488315290.00
01/30/2023WBIFCMCSA20030N101COMCAST CORP NEW44,38439.6000001757606.404.18%42030759.761488315290.00
01/30/2023WBIFIBKR45841N107INTERACTIVE BROKERS GROUP INC COM CL A22,07077.5100001710645.704.07%42030759.761488315290.00
01/30/2023WBIFPH701094104PARKER-HANNIFIN CORP5,331319.8000001704853.804.06%42030759.761488315290.00
01/30/2023WBIFTELH84989104TE CONNECTIVITY LTD13,475125.3500001689091.254.02%42030759.761488315290.00
01/30/2023WBIFDOV260003108DOVER CORP11,629144.9800001685972.424.01%42030759.761488315290.00
01/30/2023WBIFCAH14149Y108CARDINAL HEALTH INC21,78976.4800001666422.723.96%42030759.761488315290.00
01/30/2023WBIFTTEK88162G103TETRA TECH INC NEW10,668153.8800001641591.843.91%42030759.761488315290.00
01/30/2023WBIFADM039483102ARCHER DANIELS MIDLAND CO18,94483.6300001584286.723.77%42030759.761488315290.00
01/30/2023WBIFEMR291011104EMERSON ELEC CO16,93889.4300001514765.343.60%42030759.761488315290.00
01/30/2023WBIFPSX718546104PHILLIPS 6613,290108.7300001445021.703.44%42030759.761488315290.00
01/30/2023WBIFDFS254709108DISCOVER FINL SVCS9,905117.5700001164530.852.77%42030759.761488315290.00
01/30/2023WBIFAVGO11135F101BROADCOM INC1,973590.9900001166023.272.77%42030759.761488315290.00
01/30/2023WBIFRS759509102RELIANCE STEEL & ALUMINUM CO COM4,260226.690000965699.402.30%42030759.761488315290.00
01/30/2023WBIFODFL679580100OLD DOMINION FREIGHT LINE INC COM2,286333.790000763043.941.82%42030759.761488315290.00
01/30/2023WBIFKNSL49714P108KINSALE CAP GROUP INC1,035273.080000282637.800.67%42030759.761488315290.00
Premium/Discount
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Fund Information
As of: 01/27/2023
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$24.05
- $0.11
0.25%
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: 01/27/2023
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
2,630,183
63.26
$24.05
1,331
-0.01%
1.33% / 1.51%
Performance Month End
As of: 12/31/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-6.07%
-1.53%
-7.78%
-7.78%
1.03%
0.38
1.06%
Market
-5.88%
-1.74%
-7.67%
-7.67%
1.19%
0.37
1.06%
Performance Quarter End
As of: 12/31/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-6.07
-1.53
-7.78
-7.78
1.03
0.38
1.06
Market
-5.88
-1.74
-7.67
-7.67
1.19
0.37
1.06

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. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please see the monthly performance table above.

*The Fund’s investment sub-advisor has agreed to limit the Fund’s Total Annual Fund Operating Expenses to no more than 1.25% of the average daily net assets for the Fund until at least October 31, 2023.

Fund Characteristics
As of: 12/31/2022
30-Day SEC Yield
2.04%
WBIG Top Holdings
As of: 01/30/2023
Security Name Weightings Shares
Cash & Other
DIAMONDBACK ENERGY INC
SPDR SER TR BLOOMBERG 1-3 MO
ALTRIA GROUP INC
UNITED PARCEL SERVICE INC
MURPHY OIL CORP
PACKAGING CORP AMER
WESTROCK CO
DISCOVER FINL SVCS
EXXON MOBIL CORP
17.58%
5.05%
4.96%
4.85%
4.74%
4.62%
4.61%
4.56%
4.20%
4.17%
11,123,572
21,181
34,232
69,475
16,461
65,689
21,089
75,885
22,579
22,844
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/30/2023WBIGCash&OtherCash&OtherCash & Other11,123,5721.00000011123572.4917.58%63259583.41263018352Y
01/30/2023WBIGFANG25278X109DIAMONDBACK ENERGY INC21,181150.9600003197483.765.05%63259583.412630183520.00
01/30/2023WBIGBIL78468R663SPDR SER TR BLOOMBERG 1-3 MO34,23291.7200003139759.044.96%63259583.412630183520.00
01/30/2023WBIGMO02209S103ALTRIA GROUP INC69,47544.1400003066626.504.85%63259583.412630183520.00
01/30/2023WBIGUPS911312106UNITED PARCEL SERVICE INC16,461182.0900002997383.494.74%63259583.412630183520.00
01/30/2023WBIGMUR626717102MURPHY OIL CORP65,68944.4500002919876.054.62%63259583.412630183520.00
01/30/2023WBIGPKG695156109PACKAGING CORP AMER21,089138.4100002918928.494.61%63259583.412630183520.00
01/30/2023WBIGWRK96145D105WESTROCK CO75,88538.0200002885147.704.56%63259583.412630183520.00
01/30/2023WBIGDFS254709108DISCOVER FINL SVCS22,579117.5700002654613.034.20%63259583.412630183520.00
01/30/2023WBIGXOM30231G102EXXON MOBIL CORP22,844115.6100002640994.844.17%63259583.412630183520.00
01/30/2023WBIGCMCSA20030N101COMCAST CORP NEW66,56639.6000002636013.604.17%63259583.412630183520.00
01/30/2023WBIGSON835495102SONOCO PRODS CO43,16560.2600002601122.904.11%63259583.412630183520.00
01/30/2023WBIGIBKR45841N107INTERACTIVE BROKERS GROUP INC COM CL A33,55477.5100002600770.544.11%63259583.412630183520.00
01/30/2023WBIGFITB316773100FIFTH THIRD BANCORP70,75136.1000002554111.104.04%63259583.412630183520.00
01/30/2023WBIGTELH84989104TE CONNECTIVITY LTD20,348125.3500002550621.804.03%63259583.412630183520.00
01/30/2023WBIGA00846U101AGILENT TECHNOLOGIES INC15,795155.6900002459123.553.89%63259583.412630183520.00
01/30/2023WBIGEOG26875P101EOG RES INC15,140134.6600002038752.403.22%63259583.412630183520.00
01/30/2023WBIGVCLT92206C813VANGUARD SCOTTSDALE FDS LG-TERM COR BD19,26781.1900001564287.732.47%63259583.412630183520.00
01/30/2023WBIGVGLT92206C847VANGUARD SCOTTSDALE FDS LONG TERM TREAS23,70065.7500001558275.002.46%63259583.412630183520.00
01/30/2023WBIGTTEK88162G103TETRA TECH INC NEW9,325153.8800001434931.002.27%63259583.412630183520.00
01/30/2023WBIGVLO91913Y100VALERO ENERGY CORP9,852143.2100001410904.922.23%63259583.412630183520.00
01/30/2023WBIGAVGO11135F101BROADCOM INC2,006590.9900001185525.941.87%63259583.412630183520.00
01/30/2023WBIGCVX166764100CHEVRON CORP NEW6,278179.4500001126587.101.78%63259583.412630183520.00
Premium/Discount
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Fund Information
As of: 01/27/2023
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$28.31
$0.08
0.25%
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: 01/27/2023
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
1,527,182
43.23
$28.30
530
-0.04%
1.25% / 1.45%
Performance Month End
As of: 12/31/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-4.38%
1.68%
-9.55%
-9.55%
1.58%
1.21
2.05%
Market
-4.23%
1.64%
-9.59%
-9.59%
1.62%
1.18
2.04%
Performance Quarter End
As of: 12/31/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-4.38
1.68
-9.55
-9.55
1.58
1.21
2.05
Market
-4.23
1.64
-9.59
-9.59
1.62
1.18
2.04

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. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please see the monthly performance table above.

*The Fund’s investment sub-advisor has agreed to limit the Fund’s Total Annual Fund Operating Expenses to no more than 1.25% of the average daily net assets for the Fund until at least October 31, 2023.

Fund Characteristics
As of: 12/31/2022
30-Day SEC Yield
0.87%
WBIL Top Holdings
As of: 01/30/2023
Security Name Weightings Shares
LANDSTAR SYS INC
DIAMONDBACK ENERGY INC
AUTOLIV INC
LENNAR CORP
MATADOR RES CO
LOCKHEED MARTIN CORP
AON PLC
MASTERCARD INCORPORATED
STEEL DYNAMICS INC
EOG RES INC
5.06%
4.99%
4.84%
4.80%
4.71%
4.65%
4.59%
4.54%
4.47%
4.44%
12,658
14,295
22,565
20,616
30,258
4,373
6,208
5,252
16,254
14,265
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/30/2023WBILLSTR515098101LANDSTAR SYS INC12,658172.6500002185403.705.06%43229024.561527182300.00
01/30/2023WBILFANG25278X109DIAMONDBACK ENERGY INC14,295150.9600002157973.204.99%43229024.561527182300.00
01/30/2023WBILALV052800109AUTOLIV INC22,56592.7800002093580.704.84%43229024.561527182300.00
01/30/2023WBILLEN526057104LENNAR CORP20,616100.6100002074175.764.80%43229024.561527182300.00
01/30/2023WBILMTDR576485205MATADOR RES CO30,25867.2800002035758.244.71%43229024.561527182300.00
01/30/2023WBILLMT539830109LOCKHEED MARTIN CORP4,373459.6000002009830.804.65%43229024.561527182300.00
01/30/2023WBILAONG0403H108AON PLC6,208319.3000001982214.404.59%43229024.561527182300.00
01/30/2023WBILMA57636Q104MASTERCARD INCORPORATED5,252374.0300001964405.564.54%43229024.561527182300.00
01/30/2023WBILSTLD858119100STEEL DYNAMICS INC16,254118.9300001933088.224.47%43229024.561527182300.00
01/30/2023WBILEOG26875P101EOG RES INC14,265134.6600001920924.904.44%43229024.561527182300.00
01/30/2023WBILV92826C839VISA INC8,142231.4400001884384.484.36%43229024.561527182300.00
01/30/2023WBILADI032654105ANALOG DEVICES INC10,709170.8300001829418.474.23%43229024.561527182300.00
01/30/2023WBILA00846U101AGILENT TECHNOLOGIES INC11,496155.6900001789812.244.14%43229024.561527182300.00
01/30/2023WBILAVGO11135F101BROADCOM INC3,028590.9900001789517.724.14%43229024.561527182300.00
01/30/2023WBILACNG1151C101ACCENTURE PLC IRELAND6,394277.2700001772864.384.10%43229024.561527182300.00
01/30/2023WBILPXD723787107PIONEER NAT RES CO7,523234.3900001763315.974.08%43229024.561527182300.00
01/30/2023WBILIBKR45841N107INTERACTIVE BROKERS GROUP INC COM CL A22,63977.5100001754748.894.06%43229024.561527182300.00
01/30/2023WBILDFS254709108DISCOVER FINL SVCS14,721117.5700001730747.974.00%43229024.561527182300.00
01/30/2023WBILAMGN031162100AMGEN INC6,798253.6500001724312.703.99%43229024.561527182300.00
01/30/2023WBILTTEK88162G103TETRA TECH INC NEW10,942153.8800001683754.963.89%43229024.561527182300.00
01/30/2023WBILHIG416515104HARTFORD FINL SVCS GROUP INC COM18,77276.6300001438498.363.33%43229024.561527182300.00
01/30/2023WBILPH701094104PARKER-HANNIFIN CORP4,388319.8000001403282.403.25%43229024.561527182300.00
01/30/2023WBILCTRA127097103COTERRA ENERGY INC38,96625.330000987008.782.28%43229024.561527182300.00
01/30/2023WBILTXN882508104TEXAS INSTRS INC5,228174.000000909672.002.10%43229024.561527182306482.72
01/30/2023WBILCash&OtherCash&OtherCash & Other408,9511.000000408951.220.95%43229024.56152718230Y
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Market Disruptions Resulting from COVID-19.  The outbreak of COVID-19 has negatively affected the worldwide economy, individual countries, individual companies and the market in general. The future impact of COVID-19 is currently unknown, and it may exacerbate other risks that apply to the Fund.

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 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.