WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$18.89
As of 06/01/2020

FUND NET ASSETS

$43.45 (MM)
As of 06/01/2020

30-DAY SEC YIELD

5.98%
As of 4/30/2020

30-DAY SEC YIELD (UNSUB.)

5.61%
As of 4/30/2020

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
    06/02/2020WBIYMPC56585A102MARATHON PETE CORP63,11036.5000002303515.005.30%43453440.002300000460.00
    06/02/2020WBIYSC80283M101SANTANDER CONSUMER USA HDG INC COM119,18117.9100002134531.714.91%43453440.002300000460.00
    06/02/2020WBIYABBV00287Y109ABBVIE INC20,55890.7000001864610.604.29%43453440.002300000460.00
    06/02/2020WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -27,58265.3400001802207.884.15%43453440.002300000460.00
    06/02/2020WBIYVLO91913Y100VALERO ENERGY CORP26,82666.5800001786075.084.11%43453440.002300000460.00
    06/02/2020WBIYFL344849104FOOT LOCKER INC58,78329.2000001716463.603.95%43453440.002300000460.00
    06/02/2020WBIYT00206R102AT&T INC54,99930.9300001701119.073.91%43453440.002300000460.00
    06/02/2020WBIYLEG524660107LEGGETT & PLATT INC51,23431.7900001628728.863.75%43453440.002300000460.00
    06/02/2020WBIYPM718172109PHILIP MORRIS INTL INC21,93873.7900001618805.023.73%43453440.002300000460.00
    06/02/2020WBIYHBI410345102HANESBRANDS INC155,48410.2900001599930.363.68%43453440.002300000460.00
    06/02/2020WBIYIPG460690100INTERPUBLIC GROUP COS INC86,26817.4700001507101.963.47%43453440.002300000460.00
    06/02/2020WBIYXOM30231G102EXXON MOBIL CORP31,74446.2800001469112.323.38%43453440.002300000460.00
    06/02/2020WBIYIP460146103INTL PAPER CO38,21834.7300001327311.143.05%43453440.002300000460.00
    06/02/2020WBIYHRB093671105BLOCK H & R INC71,84617.3700001247965.022.87%43453440.002300000460.00
    06/02/2020WBIYOZK06417N103BANK OZK52,25923.0200001203002.182.77%43453440.002300000460.00
    06/02/2020WBIYHFC436106108HOLLYFRONTIER CORP35,89631.1400001117801.442.57%43453440.002300000460.00
    06/02/2020WBIYBIG089302103BIG LOTS INC27,83337.3100001038449.232.39%43453440.002300000460.00
    06/02/2020WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM7,726124.890000964900.142.22%43453440.002300000460.00
    06/02/2020WBIYDK24665A103DELEK US HLDGS INC NEW43,97119.640000863590.441.99%43453440.002300000460.00
    06/02/2020WBIYRF7591EP100REGIONS FINANCIAL CORP NEW72,91811.480000837098.641.93%43453440.002300000460.00
    06/02/2020WBIYWYND98310W108WYNDHAM DESTINATIONS INC22,64933.250000753079.251.73%43453440.002300000460.00
    06/02/2020WBIYFFBC320209109FIRST FINL BANCORP OH52,60813.430000706525.441.63%43453440.002300000460.00
    06/02/2020WBIYCMA200340107COMERICA INC17,49937.580000657612.421.51%43453440.002300000460.00
    06/02/2020WBIYNUS67018T105NU SKIN ENTERPRISES INC17,34837.410000648988.681.49%43453440.002300000460.00
    06/02/2020WBIYPSX718546104PHILLIPS 668,18578.830000645223.551.48%43453440.002300000460.00
    06/02/2020WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC11,96052.145000623654.201.44%43453440.002300000460.00
    06/02/2020WBIYVIAC92556H206VIACOMCBS INC26,64221.530000573602.261.32%43453440.002300000460.00
    06/02/2020WBIYCFG174610105CITIZENS FINANCIAL GROUP INC COM22,78724.730000563522.511.30%43453440.002300000460.00
    06/02/2020WBIYPFG74251V102PRINCIPAL FINANCIAL GROUP INC COM14,30639.520000565373.121.30%43453440.002300000460.00
    06/02/2020WBIYSNV87161C501SYNOVUS FINL CORP25,78519.790000510285.151.17%43453440.002300000460.00
    06/02/2020WBIYPRU744320102PRUDENTIAL FINL INC8,36360.880000509139.441.17%43453440.002300000460.00
    06/02/2020WBIYHBAN446150104HUNTINGTON BANCSHARES INC55,5879.100000505841.701.16%43453440.002300000460.00
    06/02/2020WBIYFITB316773100FIFTH THIRD BANCORP25,07419.820000496966.681.14%43453440.002300000460.00
    06/02/2020WBIYSPTN847215100SPARTANNASH CO22,69021.390000485339.101.12%43453440.002300000460.00
    06/02/2020WBIYWBS947890109WEBSTER FINL CORP CONN16,94728.500000482989.501.11%43453440.002300000460.00
    06/02/2020WBIYUNM91529Y106UNUM GROUP29,67516.060000476580.501.10%43453440.002300000460.00
    06/02/2020WBIYKEY493267108KEYCORP38,75611.850000459258.601.06%43453440.002300000460.00
    06/02/2020WBIYNAVI63938C108NAVIENT CORPORATION57,2927.670000439429.641.01%43453440.002300000460.00
    06/02/2020WBIYCIT125581801CIT GROUP INC21,47019.230000412868.100.95%43453440.002300000460.00
    06/02/2020WBIYWFC949746101WELLS FARGO CO NEW13,90527.090000376686.450.87%43453440.002300000460.00
    06/02/2020WBIYCash&OtherCash&OtherCash & Other367,0051.000000367004.930.84%43453440.00230000046Y
    06/02/2020WBIYAROC03957W106ARCHROCK INC47,9926.500000311948.000.72%43453440.002300000460.00
    06/02/2020WBIYTSEL9340P101TRINSEO S A13,74621.000000288666.000.66%43453440.002300000460.00
    06/02/2020WBIYKHC500754106KRAFT HEINZ CO9,14930.425000278358.330.64%43453440.002300000460.00
    06/02/2020WBIYPBI724479100PITNEY BOWES INC99,7082.580000257246.640.59%43453440.002300000460.00
    06/02/2020WBIYMCY589400100MERCURY GENL CORP NEW6,08540.610000247111.850.57%43453440.002300000460.00
    06/02/2020WBIYHOPE43940T109HOPE BANCORP INC25,7269.360000240795.360.55%43453440.002300000460.00
    06/02/2020WBIYGEF397624107GREIF INC6,61034.100000225401.000.52%43453440.002300000460.00
    06/02/2020WBIYHEES404030108H & E EQUIPMENT SERVICES INC COM13,40016.860000225924.000.52%43453440.002300000460.00
    06/02/2020WBIYBHLB084680107BERKSHIRE HILLS BANCORP INC20,11110.760000216394.360.50%43453440.002300000460.00
    06/02/2020WBIYBPFH101119105BOSTON PRIVATE FINL HLDGS INC COM25,1176.710000168535.070.39%43453440.002300000460.00

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.