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

WBIF

WBI Bull|Bear
Value 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: 06/15/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$28.52
$0.09
0.25%
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: 06/15/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net/Gross Expense Ratio
2,350,000
67.02
$28.55
1,381
0.10%
0.70% / 0.77%
Performance Month End
As of: 05/31/2021
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
3.21%
4.85%
24.59%
58.58%
7.43%
8.09%
Market
3.31%
4.77%
24.52%
58.54%
7.50%
8.09%
Performance Quarter End
As of: 03/31/2021
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
7.04
18.83
18.83
84.33
6.93
7.23
Market
6.80
18.85
18.85
84.55
6.90
7.24

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: 5/31/2021
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
3.62%
3.45%

WBIY Top Holdings
As of: 06/17/2021
Security Name Weightings Shares
INTERNATIONAL BUSINESS MACHS COM
PHILIP MORRIS INTL INC
ABBVIE INC
INTERNATIONAL PAPER CO
GILEAD SCIENCES INC
PFIZER INC
DOW INC
VERIZON COMMUNICATIONS INC
KRAFT HEINZ CO
INTERPUBLIC GROUP COS INC
5.83%
5.69%
5.65%
5.11%
4.76%
4.68%
4.59%
4.57%
4.56%
4.50%
26,197
37,822
32,492
54,540
46,993
79,085
46,500
53,566
72,243
89,312
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2021WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM26,197147.8300003872702.515.83%66456120.002350000470.00
06/17/2021WBIYPM718172109PHILIP MORRIS INTL INC37,82299.9200003779174.245.69%66456120.002350000470.00
06/17/2021WBIYABBV00287Y109ABBVIE INC32,492115.5300003753800.765.65%66456120.002350000470.00
06/17/2021WBIYIP460146103INTERNATIONAL PAPER CO54,54062.2300003394024.205.11%66456120.002350000470.00
06/17/2021WBIYGILD375558103GILEAD SCIENCES INC46,99367.3300003164038.694.76%66456120.002350000470.00
06/17/2021WBIYPFE717081103PFIZER INC79,08539.3000003108040.504.68%66456120.002350000470.00
06/17/2021WBIYDOW260557103DOW INC46,50065.5900003049935.004.59%66456120.002350000470.00
06/17/2021WBIYVZ92343V104VERIZON COMMUNICATIONS INC53,56656.6400003033978.244.57%66456120.002350000470.00
06/17/2021WBIYKHC500754106KRAFT HEINZ CO72,24341.9100003027704.134.56%66456120.002350000470.00
06/17/2021WBIYIPG460690100INTERPUBLIC GROUP COS INC89,31233.4500002987486.404.50%66456120.002350000470.00
06/17/2021WBIYMO02209S103ALTRIA GROUP INC63,16247.3700002991983.944.50%66456120.002350000470.00
06/17/2021WBIYSO842587107SOUTHERN CO46,28562.9800002915029.304.39%66456120.002350000470.00
06/17/2021WBIYPFG74251V102PRINCIPAL FINANCIAL GROUP INC COM36,85064.4900002376456.503.58%66456120.002350000470.00
06/17/2021WBIYOMC681919106OMNICOM GROUP INC25,20282.6500002082945.303.13%66456120.002350000470.00
06/17/2021WBIYBGS05508R106B & G FOODS INC NEW56,07333.2400001863866.522.80%66456120.002350000470.00
06/17/2021WBIYXRX98421M106XEROX HOLDINGS CORP67,48724.6500001663554.552.50%66456120.002350000470.00
06/17/2021WBIYUNM91529Y106UNUM GROUP54,26430.4300001651253.522.48%66456120.002350000470.00
06/17/2021WBIYSJI838518108SOUTH JERSEY INDS INC43,92226.9200001182380.241.78%66456120.002350000470.00
06/17/2021WBIYFHN320517105FIRST HORIZON CORPORATION62,55718.2300001140414.111.72%66456120.002350000470.00
06/17/2021WBIYCash&OtherCash&OtherCash & Other1,138,0101.0000001138010.081.71%66456120.00235000047Y
06/17/2021WBIYORI680223104OLD REP INTL CORP42,26825.9900001098545.321.65%66456120.002350000470.00
06/17/2021WBIYNYCB649445103NEW YORK CMNTY BANCORP INC92,55711.7600001088470.321.64%66456120.002350000470.00
06/17/2021WBIYNAVI63938C108NAVIENT CORPORATION43,34320.000000866860.001.30%66456120.002350000470.00
06/17/2021WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A13,94652.560000733001.761.10%66456120.002350000470.00
06/17/2021WBIYASB045487105ASSOCIATED BANC CORP31,07222.350000694459.201.04%66456120.002350000470.00
06/17/2021WBIYCWEN18539C204CLEARWAY ENERGY INC22,63227.300000617853.600.93%66456120.002350000470.00
06/17/2021WBIYMC60786M105MOELIS & CO11,12154.720000608541.120.92%66456120.002350000470.00
06/17/2021WBIYCFFI12466Q104C & F FINL CORP8,47552.150000441971.250.67%66456120.002350000470.00
06/17/2021WBIYUNB905400107UNION BANKSHARES INC11,30734.750000392918.250.59%66456120.002350000470.00
06/17/2021WBIYFNLC31866P102FIRST BANCORP INC ME12,05731.760000382930.320.58%66456120.002350000470.00
06/17/2021WBIYSPKE846511103SPARK ENERGY INC34,46511.270000388420.550.58%66456120.002350000470.00
06/17/2021WBIYSXC86722A103SUNCOKE ENERGY INC51,3947.330000376718.020.57%66456120.002350000470.00
06/17/2021WBIYEBF293389102ENNIS INC16,98121.660000367808.460.55%66456120.002350000470.00
06/17/2021WBIYPWOD708430103PENNS WOODS BANCORP INC14,67224.770000363425.440.55%66456120.002350000470.00
06/17/2021WBIYUBFO911460103UNITED SEC BANCSHARES CALIF44,7648.230000368407.720.55%66456120.002350000470.00
06/17/2021WBIYRGP76122Q105RESOURCES CONNECTION INC24,00714.840000356263.880.54%66456120.002350000470.00
06/17/2021WBIYUVE91359V107UNIVERSAL INS HLDGS INC25,16114.250000358544.250.54%66456120.002350000470.00
06/17/2021WBIYMCY589400100MERCURY GENL CORP NEW6,06859.590000361592.120.54%66456120.002350000470.00
06/17/2021WBIYFRG35180X105FRANCHISE GROUP INC9,51136.690000348958.590.53%66456120.002350000470.00
06/17/2021WBIYSPTN847215100SPARTANNASH CO17,75619.950000354232.200.53%66456120.002350000470.00
06/17/2021WBIYETH297602104ETHAN ALLEN INTERIORS INC12,31128.690000353202.590.53%66456120.002350000470.00
06/17/2021WBIYNWFL669549107NORWOOD FINL CORP13,60625.900000352395.400.53%66456120.002350000470.00
06/17/2021WBIYSGU85512C105STAR GROUP L P31,32311.300000353949.900.53%66456120.002350000470.00
06/17/2021WBIYUVV913456109UNIVERSAL CORP VA6,06357.220000346924.860.52%66456120.002350000470.00
06/17/2021WBIYATLO031001100AMES NATL CORP13,69725.150000344479.550.52%66456120.002350000470.00
06/17/2021WBIYVGR92240M108VECTOR GROUP LTD24,18914.080000340581.120.51%66456120.002350000470.00
06/17/2021WBIYCIZN174715102CITIZENS HLDG CO MISS18,06618.750000338737.500.51%66456120.002350000474335.84
06/17/2021WBIYSAFT78648T100SAFETY INS GROUP INC4,09781.180000332594.460.50%66456120.002350000470.00
06/17/2021WBIYPFBI74050M105PREMIER FINL BANCORP INC18,41818.150000334286.700.50%66456120.002350000470.00
06/17/2021WBIYVLGEA927107409VILLAGE SUPER MKT INC13,87623.310000323449.560.49%66456120.002350000470.00
06/17/2021WBIYSWM808541106SCHWEITZER-MAUDUIT INTL INC7,06540.710000287616.150.43%66456120.002350000470.00
Premium/Discount
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Fund Information
As of: 06/15/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$20.45
$0.00
0.30%
Fund Goals

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

Prices
As of: 06/15/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,425,000
29.15
$20.44
170
-0.09%
0.89%
Performance Month End
As of: 05/31/2021
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
0.05%
0.91%
1.27%
21.07%
 
5.37%
Market
0.13%
0.93%
1.19%
20.91%
 
5.33%
Performance Quarter End
As of: 03/31/2021
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
0.65
0.37
0.37
23.05
 
5.35
Market
0.70
0.26
0.26
22.92
 
5.29

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: 5/31/2021
30-Day SEC Yield
4.34%

WBIT Top Holdings
As of: 06/17/2021
Security Name Weightings Shares
ISHARES TR BROAD USD HIGH
DBX ETF TR XTRACK USD HIGH
VANECK VECTORS ETF TR FALLEN ANGEL HG
Cash & Other
39.30%
39.03%
19.90%
1.76%
276,304
283,361
178,524
512,618
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2021WBITUSHY46435U853ISHARES TR BROAD USD HIGH276,30441.40000011438985.6039.30%29103345.001425000570.00
06/17/2021WBITHYLB233051432DBX ETF TR XTRACK USD HIGH283,36140.09000011359942.4939.03%29103345.001425000570.00
06/17/2021WBITANGL92189F437VANECK VECTORS ETF TR FALLEN ANGEL HG178,52432.4400005791318.5619.90%29103345.001425000570.00
06/17/2021WBITCash&OtherCash&OtherCash & Other512,6181.000000512617.711.76%29103345.00142500057Y
Premium/Discount
Download Premium/Discount
Fund Information
As of: 06/15/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$24.85
$0.00
0.20%
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: 06/15/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,200,000
54.67
$24.86
4,298
0.03%
1.22%
Performance Month End
As of: 05/31/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
0.12%
0.76%
0.36%
8.26%
4.78%
2.98
2.45%
Market
0.20%
0.65%
0.52%
8.22%
4.77%
2.99
2.44%
Performance Quarter End
As of: 03/31/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
0.46
-0.40
-0.40
10.74
3.92
2.72
2.40
Market
0.73
-0.13
-0.13
11.06
3.90
2.69
2.40

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: 5/31/2021
30-Day SEC Yield
3.73%
WBII Top Holdings
As of: 06/17/2021
Security Name Weightings Shares
SPDR SER TR BLOOMBERG SRT TR
ISHARES TR 0-5YR HI YL CP
ISHARES TR BROAD USD HIGH
DBX ETF TR XTRACK USD HIGH
VANECK VECTORS ETF TR FALLEN ANGEL HG
ISHARES TR PFD AND INCM SEC
Cash & Other
22.71%
22.45%
20.44%
13.03%
10.07%
9.93%
1.37%
451,500
267,237
269,676
177,431
169,437
139,409
746,045
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2021WBIISJNK78468R408SPDR SER TR BLOOMBERG SRT TR451,50027.47000012402705.0022.71%54608620.002200000440.00
06/17/2021WBIISHYG46434V407ISHARES TR 0-5YR HI YL CP267,23745.88000012260833.5622.45%54608620.002200000440.00
06/17/2021WBIIUSHY46435U853ISHARES TR BROAD USD HIGH269,67641.40000011164586.4020.44%54608620.002200000440.00
06/17/2021WBIIHYLB233051432DBX ETF TR XTRACK USD HIGH177,43140.0900007113208.7913.03%54608620.002200000440.00
06/17/2021WBIIANGL92189F437VANECK VECTORS ETF TR FALLEN ANGEL HG169,43732.4400005496536.2810.07%54608620.002200000440.00
06/17/2021WBIIPFF464288687ISHARES TR PFD AND INCM SEC139,40938.9000005423010.109.93%54608620.002200000440.00
06/17/2021WBIICash&OtherCash&OtherCash & Other746,0451.000000746044.851.37%54608620.00220000044Y
Premium/Discount
Download Premium/Discount
Fund Information
As of: 06/15/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$32.05
$0.06
0.15%
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: 06/15/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,688,315
54.10
$32.05
1,965
0.01%
1.25%
Performance Month End
As of: 05/31/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
1.07%
6.54%
18.96%
23.65%
5.18%
8.74
4.52%
Market
1.02%
6.34%
19.05%
23.68%
5.18%
8.75
4.52%
Performance Quarter End
As of: 03/31/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
6.32
11.66
11.66
20.59
3.07
7.28
3.64
Market
6.45
11.96
11.96
20.94
3.03
7.35
3.67

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: 5/31/2021
30-Day SEC Yield
0.67%
WBIF Top Holdings
As of: 06/17/2021
Security Name Weightings Shares
Cash & Other
EBAY INC.
COCA-COLA EUROPACIFIC PARTNERS SHS
ONEMAIN HLDGS INC
LOWES COS INC
AMERICAN FINL GROUP INC OHIO COM
BEST BUY INC
FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM
FLOWERS FOODS INC
DTE ENERGY CO
5.29%
5.22%
4.94%
4.89%
4.56%
4.51%
4.45%
4.43%
4.42%
4.31%
2,844,266
42,493
42,638
43,700
13,175
19,158
21,783
51,663
97,346
17,080
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2021WBIFCash&OtherCash&OtherCash & Other2,844,2661.0000002844266.035.29%53765235.33168831533Y
06/17/2021WBIFEBAY278642103EBAY INC.42,49366.0900002808362.375.22%53765235.331688315330.00
06/17/2021WBIFCCEPG25839104COCA-COLA EUROPACIFIC PARTNERS SHS42,63862.2700002655068.264.94%53765235.331688315330.00
06/17/2021WBIFOMF68268W103ONEMAIN HLDGS INC43,70060.1900002630303.004.89%53765235.331688315330.00
06/17/2021WBIFLOW548661107LOWES COS INC13,175186.2000002453185.004.56%53765235.331688315330.00
06/17/2021WBIFAFG025932104AMERICAN FINL GROUP INC OHIO COM19,158126.6000002425402.804.51%53765235.331688315330.00
06/17/2021WBIFBBY086516101BEST BUY INC21,783109.9000002393951.704.45%53765235.331688315330.00
06/17/2021WBIFFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM51,66346.0800002380631.044.43%53765235.331688315330.00
06/17/2021WBIFFLO343498101FLOWERS FOODS INC97,34624.4100002376215.864.42%53765235.331688315330.00
06/17/2021WBIFDTE233331107DTE ENERGY CO17,080135.5700002315535.604.31%53765235.331688315330.00
06/17/2021WBIFHBI410345102HANESBRANDS INC117,73319.1000002248700.304.18%53765235.331688315330.00
06/17/2021WBIFDG256677105DOLLAR GEN CORP NEW10,534211.1400002224148.764.14%53765235.331688315330.00
06/17/2021WBIFEMR291011104EMERSON ELEC CO22,02798.2400002163932.484.02%53765235.331688315330.00
06/17/2021WBIFWMT931142103WALMART INC15,140137.1500002076451.003.86%53765235.331688315330.00
06/17/2021WBIFKMB494368103KIMBERLY-CLARK CORP15,897128.8900002048964.333.81%53765235.331688315330.00
06/17/2021WBIFREG3223R108EVEREST RE GROUP LTD7,981254.1900002028690.393.77%53765235.331688315330.00
06/17/2021WBIFIPG460690100INTERPUBLIC GROUP COS INC47,67633.4500001594762.202.97%53765235.331688315330.00
06/17/2021WBIFACNG1151C101ACCENTURE PLC IRELAND5,135283.9400001458031.902.71%53765235.331688315330.00
06/17/2021WBIFORI680223104OLD REP INTL CORP54,27025.9900001410477.302.62%53765235.331688315330.00
06/17/2021WBIFBPOP733174700POPULAR INC16,70779.4200001326869.942.47%53765235.331688315330.00
06/17/2021WBIFSHOP82509L107SHOPIFY INC9661366.3000001319845.802.45%53765235.331688315330.00
06/17/2021WBIFPRI74164M108PRIMERICA INC8,045154.5300001243193.852.31%53765235.331688315330.00
06/17/2021WBIFJEF47233W109JEFFERIES FINL GROUP INC37,71231.7900001198864.482.23%53765235.331688315330.00
06/17/2021WBIFLMT539830109LOCKHEED MARTIN CORP3,064383.6000001175350.402.19%53765235.331688315330.00
06/17/2021WBIFCRH12626K203CRH PLC21,99351.2000001126041.602.09%53765235.331688315330.00
06/17/2021WBIFPH701094104PARKER-HANNIFIN CORP2,711295.950000802320.451.49%53765235.331688315330.00
06/17/2021WBIFPG742718109PROCTER AND GAMBLE CO5,647132.780000749808.661.39%53765235.331688315330.00
06/17/2021WBIFFL344849104FOOT LOCKER INC11,36560.520000687809.801.28%53765235.331688315330.00
06/17/2021WBIFGIS370334104GENERAL MLS INC10,44061.150000638406.001.19%53765235.331688315330.00
06/17/2021WBIFNTRS665859104NORTHERN TR CORP4,377118.990000520819.230.97%53765235.331688315330.00
06/17/2021WBIFDOV260003108DOVER CORP3,023149.990000453419.770.84%53765235.331688315330.00
Premium/Discount
Download Premium/Discount
Fund Information
As of: 06/15/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$26.84
$0.05
0.22%
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: 06/15/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,780,183
47.77
$26.82
933
-0.08%

1.14%

Performance Month End
As of: 05/31/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
2.12%
6.60%
14.26%
18.95%
3.54%
7.02
2.33%
Market
2.13%
6.56%
14.61%
18.99%
3.58%
7.05
2.32%
Performance Quarter End
As of: 03/31/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
4.18
7.19
7.19
15.06
1.20
5.36
1.40
Market
4.11
7.55
7.55
15.23
1.10
5.40
1.40

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: 5/31/2021
30-Day SEC Yield
1.75%
WBIG Top Holdings
As of: 06/17/2021
Security Name Weightings Shares
Cash & Other
EBAY INC.
ONEMAIN HLDGS INC
COCA-COLA EUROPACIFIC PARTNERS SHS
OGE ENERGY CORP
FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM
KRAFT HEINZ CO
INTERNATIONAL PAPER CO
FLOWERS FOODS INC
PHILIP MORRIS INTL INC
17.44%
5.21%
5.00%
4.85%
4.82%
4.78%
4.61%
4.44%
4.41%
4.38%
8,274,548
37,379
39,439
36,962
65,706
49,259
52,227
33,852
85,754
20,815
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2021WBIGCash&OtherCash&OtherCash & Other8,274,5481.0000008274547.6017.44%47437248.47178018335Y
06/17/2021WBIGEBAY278642103EBAY INC.37,37966.0900002470378.115.21%47437248.471780183350.00
06/17/2021WBIGOMF68268W103ONEMAIN HLDGS INC39,43960.1900002373833.415.00%47437248.471780183350.00
06/17/2021WBIGCCEPG25839104COCA-COLA EUROPACIFIC PARTNERS SHS36,96262.2700002301623.744.85%47437248.471780183350.00
06/17/2021WBIGOGE670837103OGE ENERGY CORP65,70634.7800002285254.684.82%47437248.471780183350.00
06/17/2021WBIGFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM49,25946.0800002269854.724.78%47437248.471780183350.00
06/17/2021WBIGKHC500754106KRAFT HEINZ CO52,22741.9100002188833.574.61%47437248.471780183350.00
06/17/2021WBIGIP460146103INTERNATIONAL PAPER CO33,85262.2300002106609.964.44%47437248.471780183350.00
06/17/2021WBIGFLO343498101FLOWERS FOODS INC85,75424.4100002093255.144.41%47437248.471780183350.00
06/17/2021WBIGPM718172109PHILIP MORRIS INTL INC20,81599.9200002079834.804.38%47437248.471780183350.00
06/17/2021WBIGDTE233331107DTE ENERGY CO15,226135.5700002064188.824.35%47437248.471780183350.00
06/17/2021WBIGHBI410345102HANESBRANDS INC102,11419.1000001950377.404.11%47437248.471780183350.00
06/17/2021WBIGKMB494368103KIMBERLY-CLARK CORP14,506128.8900001869678.343.94%47437248.471780183350.00
06/17/2021WBIGCVS126650100CVS HEALTH CORP21,22484.7400001798521.763.79%47437248.471780183350.00
06/17/2021WBIGIRM46284V101IRON MTN INC NEW36,14745.3600001639627.923.46%47437248.471780183350.00
06/17/2021WBIGMMM88579Y1013M CO7,937196.9100001562874.673.29%47437248.471780183350.00
06/17/2021WBIGGILD375558103GILEAD SCIENCES INC18,96567.3300001276913.452.69%47437248.471780183350.00
06/17/2021WBIGGLW219350105CORNING INC30,93940.3500001248388.652.63%47437248.471780183350.00
06/17/2021WBIGSHOP82509L107SHOPIFY INC8861366.3000001210541.802.55%47437248.471780183350.00
06/17/2021WBIGPH701094104PARKER-HANNIFIN CORP3,611295.9500001068675.452.25%47437248.471780183350.00
06/17/2021WBIGBPOP733174700POPULAR INC12,64779.4200001004424.742.12%47437248.471780183350.00
06/17/2021WBIGNWL651229106NEWELL BRANDS INC35,77327.010000966228.732.04%47437248.471780183350.00
06/17/2021WBIGBBY086516101BEST BUY INC7,664109.900000842273.601.78%47437248.471780183350.00
06/17/2021WBIGTROW74144T108PRICE T ROWE GROUP INC2,511195.870000491829.571.04%47437248.471780183350.00
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Fund Information
As of: 06/15/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$31.07
$0.07
0.23%
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: 06/15/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,477,182
45.89
$31.06
383
-0.02%
1.23%
Performance Month End
As of: 05/31/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
2.10%
6.92%
15.72%
17.37%
5.90%
8.01
3.73%
Market
2.10%
6.82%
16.11%
17.45%
5.91%
8.05
3.73%
Performance Quarter End
As of: 03/31/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
5.89
8.23
8.23
15.00
3.32
6.54
2.78
Market
5.90
8.70
8.70
15.20
3.26
6.59
2.80

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: 5/31/2021
30-Day SEC Yield
0.67%
WBIL Top Holdings
As of: 06/17/2021
Security Name Weightings Shares
EBAY INC.
COCA-COLA EUROPACIFIC PARTNERS SHS
ACCENTURE PLC IRELAND
PRIMERICA INC
EVERCORE INC
TE CONNECTIVITY LTD
CRH PLC
AON PLC
BEST BUY INC
ABBVIE INC
5.17%
4.84%
4.79%
4.59%
4.57%
4.54%
4.48%
4.44%
4.30%
4.22%
35,590
35,336
7,667
13,497
15,234
15,182
39,832
8,278
17,786
16,596
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2021WBILEBAY278642103EBAY INC.35,59066.0900002352143.105.17%45488342.511477182290.00
06/17/2021WBILCCEPG25839104COCA-COLA EUROPACIFIC PARTNERS SHS35,33662.2700002200372.724.84%45488342.511477182290.00
06/17/2021WBILACNG1151C101ACCENTURE PLC IRELAND7,667283.9400002176967.984.79%45488342.511477182290.00
06/17/2021WBILPRI74164M108PRIMERICA INC13,497154.5300002085691.414.59%45488342.511477182290.00
06/17/2021WBILEVR29977A105EVERCORE INC15,234136.3100002076546.544.57%45488342.511477182290.00
06/17/2021WBILTELH84989104TE CONNECTIVITY LTD15,182135.9600002064144.724.54%45488342.511477182290.00
06/17/2021WBILCRH12626K203CRH PLC39,83251.2000002039398.404.48%45488342.511477182290.00
06/17/2021WBILAONG0403H108AON PLC8,278244.1000002020659.804.44%45488342.511477182290.00
06/17/2021WBILBBY086516101BEST BUY INC17,786109.9000001954681.404.30%45488342.511477182290.00
06/17/2021WBILABBV00287Y109ABBVIE INC16,596115.5300001917335.884.22%45488342.511477182290.00
06/17/2021WBILHBI410345102HANESBRANDS INC99,39419.1000001898425.404.17%45488342.511477182290.00
06/17/2021WBILTXN882508104TEXAS INSTRS INC9,477187.7300001779117.213.91%45488342.511477182290.00
06/17/2021WBILFLO343498101FLOWERS FOODS INC72,43624.4100001768162.763.89%45488342.511477182290.00
06/17/2021WBILFAST311900104FASTENAL CO34,19651.0100001744337.963.83%45488342.511477182290.00
06/17/2021WBILFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM37,64046.0800001734451.203.81%45488342.511477182290.00
06/17/2021WBILKR501044101KROGER CO45,61737.5500001712918.353.77%45488342.511477182290.00
06/17/2021WBILOMC681919106OMNICOM GROUP INC18,48382.6500001527619.953.36%45488342.511477182290.00
06/17/2021WBILOMF68268W103ONEMAIN HLDGS INC23,83160.1900001434387.893.15%45488342.511477182290.00
06/17/2021WBILITW452308109ILLINOIS TOOL WKS INC6,037227.9000001375832.303.02%45488342.511477182290.00
06/17/2021WBILEMR291011104EMERSON ELEC CO13,70798.2400001346575.682.96%45488342.511477182290.00
06/17/2021WBILGILD375558103GILEAD SCIENCES INC18,92367.3300001274085.592.80%45488342.511477182290.00
06/17/2021WBILIRM46284V101IRON MTN INC NEW28,04545.3600001272121.202.80%45488342.511477182290.00
06/17/2021WBILORI680223104OLD REP INTL CORP45,61225.9900001185455.882.61%45488342.511477182290.00
06/17/2021WBILSHOP82509L107SHOPIFY INC8481366.3000001158622.402.55%45488342.511477182290.00
06/17/2021WBILBPOP733174700POPULAR INC14,04279.4200001115215.642.45%45488342.511477182290.00
06/17/2021WBILMSI620076307MOTOROLA SOLUTIONS INC4,610209.700000966717.002.13%45488342.511477182290.00
06/17/2021WBILKMB494368103KIMBERLY-CLARK CORP3,778128.890000486946.421.07%45488342.511477182290.00
06/17/2021WBILCash&OtherCash&OtherCash & Other464,9711.000000464971.141.02%45488342.51147718229Y
06/17/2021WBILYUM988498101YUM BRANDS INC2,987118.140000352884.180.78%45488342.511477182290.00
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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 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.