WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$26.08
As of 11/11/2019

FUND NET ASSETS

$95.19 (MM)
As of 11/11/2019

30-DAY SEC YIELD

4.84%
As of 10/31/2019

30-DAY SEC YIELD (UNSUB.)

4.83%
As of 10/31/2019

WHAT MAKES WBIY SO SMART?

We believe that WBIY’s multi-factor, actively rebalanced process is the most advanced Smart Beta approach in the marketplace today – one that is designed to help solve an investor’s need for high current income, inflation protection, and consistent capital growth. So how does WBIY work?

Watch the video to find out.

The WBIY Power Factor

WBIY is designed to track the Solactive Power Factor High Dividend Index. The Index screens for securities based on three fundamental value characteristics, or “Power Factors”:

  1. Trailing 12-month diluted earnings from continuing operations to price (E/P Ratio)
  2. Trailing 12-month free cash flow to price (FCF/P Ratio)
  3. Trailing 12-month sales to price (S/P Ratio)

Stock Selection Process

The goal of the Solactive Power Factor High Dividend Index and WBIY product design is to improve performance through superior security selection. Quarterly rebalancing provides a more active approach than you would find in similar offerings. The process identifies the “Top 50” highest dividend-yielding U.S. common stocks that also have high quality fundamentals.

Documents

  • Daily Holdings:
    DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
    11/12/2019WBIYSLB806857108SCHLUMBERGER LTD138,53336.4100005043986.535.30%95185430.003650000730.00
    11/12/2019WBIYABBV00287Y109ABBVIE INC57,60785.6600004934615.625.18%95185430.003650000730.00
    11/12/2019WBIYMO02209S103ALTRIA GROUP INC99,77046.4100004630325.704.86%95185430.003650000730.00
    11/12/2019WBIYPM718172109PHILIP MORRIS INTL INC54,20983.7400004539461.664.77%95185430.003650000730.00
    11/12/2019WBIYT00206R102AT&T INC114,48239.3700004507156.344.74%95185430.003650000730.00
    11/12/2019WBIYF345370860FORD MTR CO DEL484,9399.0800004403246.124.63%95185430.003650000730.00
    11/12/2019WBIYOXY674599105OCCIDENTAL PETE CORP109,54138.8800004258954.084.47%95185430.003650000730.00
    11/12/2019WBIYXOM30231G102EXXON MOBIL CORP55,53570.3400003906331.904.10%95185430.003650000730.00
    11/12/2019WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC65,50658.2500003815724.504.01%95185430.003650000730.00
    11/12/2019WBIYM55616P104MACYS INC233,58416.0500003749023.203.94%95185430.003650000730.00
    11/12/2019WBIYIP460146103INTL PAPER CO67,14645.9500003085358.703.24%95185430.003650000730.00
    11/12/2019WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -31,39997.1900003051668.813.21%95185430.003650000730.00
    11/12/2019WBIYWRK96145D105WESTROCK CO68,04639.3900002680331.942.82%95185430.003650000730.00
    11/12/2019WBIYCCL143658300CARNIVAL CORP55,09844.6800002461778.642.59%95185430.003650000730.00
    11/12/2019WBIYIVZG491BT108INVESCO LTD135,90017.6400002397276.002.52%95185430.003650000730.00
    11/12/2019WBIYKSS500255104KOHLS CORP39,15457.0100002232169.542.35%95185430.003650000730.00
    11/12/2019WBIYGPS364760108GAP INC123,43517.0900002109504.152.22%95185430.003650000730.00
    11/12/2019WBIYTPR876030107TAPESTRY INC78,23326.6800002087256.442.19%95185430.003650000730.00
    11/12/2019WBIYCC163851108CHEMOURS CO102,05119.4400001983871.442.08%95185430.003650000730.00
    11/12/2019WBIYIPG460690100INTERPUBLIC GROUP COS INC69,18222.5100001557286.821.64%95185430.003650000730.00
    11/12/2019WBIYGT382550101GOODYEAR TIRE & RUBR CO89,60016.9900001522304.001.60%95185430.003650000730.00
    11/12/2019WBIYANF002896207ABERCROMBIE & FITCH CO84,10217.8800001503743.761.58%95185430.003650000730.00
    11/12/2019WBIYVLO91913Y100VALERO ENERGY CORP NEW13,968100.6800001406298.241.48%95185430.003650000730.00
    11/12/2019WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM10,371135.4700001404959.371.48%95185430.003650000730.00
    11/12/2019WBIYHRB093671105BLOCK H & R INC56,81524.6000001397649.001.47%95185430.003650000730.00
    11/12/2019WBIYJWN655664100NORDSTROM INC37,18837.4300001391946.841.46%95185430.003650000730.00
    11/12/2019WBIYHOG412822108HARLEY DAVIDSON INC35,57138.5200001370194.921.44%95185430.003650000730.00
    11/12/2019WBIYFLR343412102FLUOR CORP NEW70,93618.8900001339981.041.41%95185430.003650000730.00
    11/12/2019WBIYCash&OtherCash&OtherCash & Other1,305,0451.0000001305045.081.37%95185430.00365000073Y
    11/12/2019WBIYPRU744320102PRUDENTIAL FINL INC13,57992.2500001252662.751.32%95185430.003650000730.00
    11/12/2019WBIYVZ92343V104VERIZON COMMUNICATIONS INC20,83259.6100001241795.521.30%95185430.003650000730.00
    11/12/2019WBIYKEY493267108KEYCORP NEW64,65219.2000001241318.401.30%95185430.003650000730.00
    11/12/2019WBIYHBAN446150104HUNTINGTON BANCSHARES INC81,82314.9300001221617.391.28%95185430.003650000730.00
    11/12/2019WBIYBIG089302103BIG LOTS INC46,15621.330000984507.481.03%95185430.003650000730.00
    11/12/2019WBIYPACW695263103PACWEST BANCORP DEL23,67639.110000925968.360.97%95185430.003650000730.00
    11/12/2019WBIYRLGY75605Y106REALOGY HLDGS CORP97,3429.310000906254.020.95%95185430.003650000730.00
    11/12/2019WBIYNAVI63938C108NAVIENT CORPORATION61,38814.520000891353.760.94%95185430.003650000730.00
    11/12/2019WBIYUFS257559203DOMTAR CORP23,15138.470000890618.970.94%95185430.003650000730.00
    11/12/2019WBIYAMC00165C104AMC ENTMT HLDGS INC86,9569.540000829560.240.87%95185430.003650000730.00
    11/12/2019WBIYCVI12662P108CVR ENERGY INC17,52046.930000822213.600.86%95185430.003650000730.00
    11/12/2019WBIYR783549108RYDER SYS INC15,14853.930000816931.640.86%95185430.003650000730.00
    11/12/2019WBIYPETS716382106PETMED EXPRESS INC20,51723.100000473942.700.50%95185430.003650000730.00
    11/12/2019WBIYWDR930059100WADDELL & REED FINL INC27,64016.750000462970.000.49%95185430.003650000730.00
    11/12/2019WBIYNEWM64704V106NEW MEDIA INVT GROUP INC55,7806.910000385439.800.40%95185430.003650000730.00
    11/12/2019WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A11,05429.480000325871.920.34%95185430.003650000730.00
    11/12/2019WBIYCVA22282E102COVANTA HLDG CORP19,21214.740000283184.880.30%95185430.003650000730.00
    11/12/2019WBIYGEF397624107GREIF INC6,20642.380000263010.280.28%95185430.003650000730.00
    11/12/2019WBIYETH297602104ETHAN ALLEN INTERIORS INC11,65219.320000225116.640.24%95185430.003650000730.00
    11/12/2019WBIYHOPE43940T109HOPE BANCORP INC15,91514.600000232359.000.24%95185430.003650000730.00
    11/12/2019WBIYBPFH101119105BOSTON PRIVATE FINL HLDGS INC COM19,20211.510000221015.020.23%95185430.003650000730.00
    11/12/2019WBIYSPTN847215100SPARTANNASH CO17,62411.830000208491.920.22%95185430.003650000730.00

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 click here.

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.

The Fund invests 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.

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.