WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$18.81
As of 10/27/2020

FUND NET ASSETS

$39.49 (MM)
As of 10/27/2020

30-DAY SEC YIELD

6.13%
As of 9/30/2020

30-DAY SEC YIELD (UNSUB.)

5.80%
As of 9/30/2020

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
    10/28/2020WBIYT00206R102AT&T INC96,82026.9200002606394.406.60%39490710.002100000420.00
    10/28/2020WBIYXOM30231G102EXXON MOBIL CORP77,14632.8200002531931.726.41%39490710.002100000420.00
    10/28/2020WBIYVLO91913Y100VALERO ENERGY CORP63,94838.2600002446650.486.20%39490710.002100000420.00
    10/28/2020WBIYABBV00287Y109ABBVIE INC23,06582.7100001907706.154.83%39490710.002100000420.00
    10/28/2020WBIYWBA931427108WALGREENS BOOTS ALLIANCE INC COM52,04936.0000001873764.004.74%39490710.002100000420.00
    10/28/2020WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -25,28073.3700001854793.604.70%39490710.002100000420.00
    10/28/2020WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC37,91748.5550001841059.944.66%39490710.002100000420.00
    10/28/2020WBIYPM718172109PHILIP MORRIS INTL INC25,29171.3300001804007.034.57%39490710.002100000420.00
    10/28/2020WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM16,026110.5600001771834.564.49%39490710.002100000420.00
    10/28/2020WBIYCOP20825C104CONOCOPHILLIPS56,54030.2600001710900.404.33%39490710.002100000420.00
    10/28/2020WBIYLUMN156700106LUMEN TECHNOLOGIES INC176,5978.9600001582309.124.01%39490710.002100000420.00
    10/28/2020WBIYOMC681919106OMNICOM GROUP INC31,73948.8200001549497.983.92%39490710.002100000420.00
    10/28/2020WBIYHRB093671105BLOCK H & R INC59,29217.9600001064884.322.70%39490710.002100000420.00
    10/28/2020WBIYXRX98421M106XEROX HOLDINGS CORP49,22718.520000911684.042.31%39490710.002100000420.00
    10/28/2020WBIYKEY493267108KEYCORP71,53612.630000903499.682.29%39490710.002100000420.00
    10/28/2020WBIYIP460146103INTERNATIONAL PAPER CO17,21544.370000763829.551.93%39490710.002100000420.00
    10/28/2020WBIYHBAN446150104HUNTINGTON BANCSHARES INC72,6259.940000721892.501.83%39490710.002100000420.00
    10/28/2020WBIYCash&OtherCash&OtherCash & Other708,9321.000000708932.051.80%39490710.00210000042Y
    10/28/2020WBIYCMA200340107COMERICA INC12,14843.370000526858.761.33%39490710.002100000420.00
    10/28/2020WBIYSGU85512C105STAR GROUP L P50,4649.650000486977.601.23%39490710.002100000420.00
    10/28/2020WBIYGEF397624107GREIF INC11,41341.840000477519.921.21%39490710.002100000420.00
    10/28/2020WBIYUVV913456109UNIVERSAL CORP VA11,46641.630000477329.581.21%39490710.002100000420.00
    10/28/2020WBIYBGS05508R106B & G FOODS INC NEW16,57428.740000476336.761.21%39490710.002100000420.00
    10/28/2020WBIYPFG74251V102PRINCIPAL FINANCIAL GROUP INC COM11,91539.350000468855.251.19%39490710.002100000420.00
    10/28/2020WBIYVGR92240M108VECTOR GROUP LTD46,20310.150000468960.451.19%39490710.002100000420.00
    10/28/2020WBIYSWM808541106SCHWEITZER-MAUDUIT INTL INC14,40832.470000467827.761.18%39490710.002100000420.00
    10/28/2020WBIYFHN320517105FIRST HORIZON NATL CORP42,77610.170000435031.921.10%39490710.002100000420.00
    10/28/2020WBIYRF7591EP100REGIONS FINANCIAL CORP NEW32,70212.900000421855.801.07%39490710.002100000420.00
    10/28/2020WBIYUNM91529Y106UNUM GROUP19,30718.250000352352.750.89%39490710.002100000420.00
    10/28/2020WBIYORI680223104OLD REP INTL CORP19,00315.920000302527.760.77%39490710.002100000420.00
    10/28/2020WBIYNYCB649445103NEW YORK CMNTY BANCORP INC35,8858.330000298922.050.76%39490710.002100000420.00
    10/28/2020WBIYOZK06417N103BANK OZK12,33423.890000294659.260.75%39490710.002100000420.00
    10/28/2020WBIYFHB32051X108FIRST HAWAIIAN INC16,67616.730000278989.480.71%39490710.002100000420.00
    10/28/2020WBIYCFFI12466Q104C & F FINL CORP8,90931.360000279386.240.71%39490710.002100000420.00
    10/28/2020WBIYUNB905400107UNION BANKSHARES INC11,52524.200000278905.000.71%39490710.002100000420.00
    10/28/2020WBIYWBS947890109WEBSTER FINL CORP CONN9,01231.070000280002.840.71%39490710.002100000420.00
    10/28/2020WBIYPFS74386T105PROVIDENT FINL SVCS INC20,42213.410000273859.020.69%39490710.002100000420.00
    10/28/2020WBIYHOPE43940T109HOPE BANCORP INC33,0368.170000269904.120.68%39490710.002100000420.00
    10/28/2020WBIYSAFT78648T100SAFETY INS GROUP INC3,80769.000000262683.000.67%39490710.002100000420.00
    10/28/2020WBIYSNV87161C501SYNOVUS FINL CORP10,61725.050000265955.850.67%39490710.002100000420.00
    10/28/2020WBIYFCF319829107FIRST COMWLTH FINL CORP PA30,4808.670000264261.600.67%39490710.002100000420.00
    10/28/2020WBIYPFBI74050M105PREMIER FINL BANCORP INC21,52312.350000265809.050.67%39490710.002100000420.00
    10/28/2020WBIYFNLC31866P102FIRST BANCORP INC ME11,33923.020000261023.780.66%39490710.002100000420.00
    10/28/2020WBIYATLO031001100AMES NATL CORP13,31919.470000259320.930.66%39490710.002100000420.00
    10/28/2020WBIYCATY149150104CATHAY GEN BANCORP11,09623.340000258980.640.66%39490710.002100000420.00
    10/28/2020WBIYASB045487105ASSOCIATED BANC CORP18,95013.610000257909.500.65%39490710.002100000420.00
    10/28/2020WBIYFNB302520101F N B CORP35,0397.340000257186.260.65%39490710.002100000420.00
    10/28/2020WBIYMCY589400100MERCURY GENL CORP NEW6,31640.150000253587.400.64%39490710.002100000420.00
    10/28/2020WBIYPWOD708430103PENNS WOODS BANCORP INC12,14920.610000250390.890.63%39490710.002100000420.00
    10/28/2020WBIYWDR930059100WADDELL & REED FINL INC14,53316.320000237178.560.60%39490710.002100000420.00
    10/28/2020WBIYNAVI63938C108NAVIENT CORPORATION26,0268.570000223042.820.56%39490710.002100000420.00

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.