WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$26.87
As of 09/22/2021

FUND NET ASSETS

$63.14 (MM)
As of 09/22/2021

30-DAY SEC YIELD

3.78%
As of 8/31/2021

30-DAY SEC YIELD (UNSUB.)

3.61%
As of 8/31/2021

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
    09/24/2021WBIYMO02209S103ALTRIA GROUP INC79,82748.8100003896355.876.07%64171685.002350000470.00
    09/24/2021WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM27,938136.7300003819962.745.95%64171685.002350000470.00
    09/24/2021WBIYVZ92343V104VERIZON COMMUNICATIONS INC67,03854.4200003648207.965.69%64171685.002350000470.00
    09/24/2021WBIYKMI49456B101KINDER MORGAN INC DEL219,68316.4900003622572.675.65%64171685.002350000470.00
    09/24/2021WBIYIPG460690100INTERPUBLIC GROUP COS INC83,41138.4100003203816.514.99%64171685.002350000470.00
    09/24/2021WBIYWBA931427108WALGREENS BOOTS ALLIANCE INC COM63,10948.4600003058262.144.77%64171685.002350000470.00
    09/24/2021WBIYGILD375558103GILEAD SCIENCES INC42,05171.6900003014636.194.70%64171685.002350000470.00
    09/24/2021WBIYIP460146103INTERNATIONAL PAPER CO51,68557.1000002951213.504.60%64171685.002350000470.00
    09/24/2021WBIYOMC681919106OMNICOM GROUP INC39,41674.1600002923090.564.56%64171685.002350000470.00
    09/24/2021WBIYSO842587107SOUTHERN CO45,60963.4000002891610.604.51%64171685.002350000470.00
    09/24/2021WBIYDOW260557103DOW INC49,99757.4300002871327.714.47%64171685.002350000470.00
    09/24/2021WBIYKHC500754106KRAFT HEINZ CO78,50236.3100002850407.624.44%64171685.002350000470.00
    09/24/2021WBIYHBAN446150104HUNTINGTON BANCSHARES INC174,50815.1100002636815.884.11%64171685.002350000470.00
    09/24/2021WBIYETRN294600101EQUITRANS MIDSTREAM CORP124,0139.7500001209126.751.88%64171685.002350000470.00
    09/24/2021WBIYXRX98421M106XEROX HOLDINGS CORP55,28420.6800001143273.121.78%64171685.002350000470.00
    09/24/2021WBIYHRB093671105BLOCK H & R INC44,55725.4400001133530.081.77%64171685.002350000470.00
    09/24/2021WBIYCash&OtherCash&OtherCash & Other1,134,2971.0000001134297.381.77%64171685.00235000047Y
    09/24/2021WBIYWU959802109WESTERN UN CO55,54420.2200001123099.681.75%64171685.002350000470.00
    09/24/2021WBIYNYCB649445103NEW YORK CMNTY BANCORP INC87,66512.6700001110715.551.73%64171685.002350000470.00
    09/24/2021WBIYORI680223104OLD REP INTL CORP42,00623.050000968238.301.51%64171685.002350000470.00
    09/24/2021WBIYPBCT712704105PEOPLES UNITED FINANCIAL INC COM54,91216.600000911539.201.42%64171685.002350000470.00
    09/24/2021WBIYBGS05508R106B & G FOODS INC NEW28,11430.130000847074.821.32%64171685.002350000470.00
    09/24/2021WBIYOMF68268W103ONEMAIN HLDGS INC13,92557.090000794978.251.24%64171685.002350000470.00
    09/24/2021WBIYPFG74251V102PRINCIPAL FINANCIAL GROUP INC COM11,50164.220000738594.221.15%64171685.002350000470.00
    09/24/2021WBIYKEY493267108KEYCORP32,92320.970000690395.311.08%64171685.002350000470.00
    09/24/2021WBIYGLT377320106GLATFELTER CORPORATION46,96314.690000689886.471.08%64171685.002350000470.00
    09/24/2021WBIYFHN320517105FIRST HORIZON CORPORATION39,13815.870000621120.060.97%64171685.002350000470.00
    09/24/2021WBIYRGP76122Q105RESOURCES CONNECTION INC39,59715.400000609793.800.95%64171685.002350000470.00
    09/24/2021WBIYFRG35180X105FRANCHISE GROUP INC15,74735.630000561065.610.87%64171685.002350000470.00
    09/24/2021WBIYVIRT928254101VIRTU FINL INC22,25223.840000530487.680.83%64171685.002350000470.00
    09/24/2021WBIYASB045487105ASSOCIATED BANC CORP24,95320.860000520519.580.81%64171685.002350000470.00
    09/24/2021WBIYETD297602104ETHAN ALLEN INTERIORS INC20,92924.440000511504.760.80%64171685.002350000470.00
    09/24/2021WBIYVGR92240M108VECTOR GROUP LTD39,80012.520000498296.000.78%64171685.002350000470.00
    09/24/2021WBIYSXC86722A103SUNCOKE ENERGY INC79,1946.230000493378.620.77%64171685.002350000470.00
    09/24/2021WBIYSWM808541106SCHWEITZER-MAUDUIT INTL INC14,12334.480000486961.040.76%64171685.002350000470.00
    09/24/2021WBIYUVV913456109UNIVERSAL CORP VA10,02047.800000478956.000.75%64171685.002350000470.00
    09/24/2021WBIYSGU85512C105STAR GROUP L P47,5869.970000474432.420.74%64171685.002350000470.00
    09/24/2021WBIYNAVI63938C108NAVIENT CORPORATION19,96522.300000445219.500.69%64171685.002350000470.00
    09/24/2021WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A7,77051.050000396658.500.62%64171685.002350000470.00
    09/24/2021WBIYISBC46146L101INVESTORS BANCORP INC NEW25,22414.530000366504.720.57%64171685.002350000470.00
    09/24/2021WBIYMC60786M105MOELIS & CO5,48562.360000342044.600.53%64171685.002350000470.00
    09/24/2021WBIYSAFT78648T100SAFETY INS GROUP INC4,09778.430000321327.710.50%64171685.002350000470.00
    09/24/2021WBIYATLO031001100AMES NATL CORP13,69723.200000317770.400.50%64171685.002350000470.00
    09/24/2021WBIYAGM313148306FEDERAL AGRIC MTG CORP3,032104.170000315843.440.49%64171685.002350000470.00
    09/24/2021WBIYFNB302520101F N B CORP27,02011.220000303164.400.47%64171685.002350000470.00
    09/24/2021WBIYFNLC31866P102FIRST BANCORP INC ME10,22628.640000292872.640.46%64171685.002350000470.00
    09/24/2021WBIYACNB000868109ACNB CORP10,48527.600000289386.000.45%64171685.002350000470.00
    09/24/2021WBIYFFBC320209109FIRST FINL BANCORP OH12,84222.670000291128.140.45%64171685.002350000470.00
    09/24/2021WBIYUVE91359V107UNIVERSAL INS HLDGS INC21,41412.870000275598.180.43%64171685.002350000470.00
    09/24/2021WBIYFULT360271100FULTON FINL CORP PA18,42914.830000273302.070.43%64171685.002350000470.00
    09/24/2021WBIYMCY589400100MERCURY GENL CORP NEW4,73456.580000267849.720.42%64171685.002350000470.00

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.