WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$19.12
As of 08/06/2020

FUND NET ASSETS

$42.07 (MM)
As of 08/06/2020

30-DAY SEC YIELD

5.46%
As of 7/31/2020

30-DAY SEC YIELD (UNSUB.)

5.17%
As of 7/31/2020

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
    08/07/2020WBIYPM718172109PHILIP MORRIS INTL INC41,93277.1200003233795.847.69%42066200.002200000440.00
    08/07/2020WBIYXOM30231G102EXXON MOBIL CORP71,35643.6400003113975.847.40%42066200.002200000440.00
    08/07/2020WBIYT00206R102AT&T INC103,97029.8400003102464.807.38%42066200.002200000440.00
    08/07/2020WBIYKHC500754106KRAFT HEINZ CO58,42535.2800002061234.004.90%42066200.002200000440.00
    08/07/2020WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM15,775124.4900001963829.754.67%42066200.0022000004425713.25
    08/07/2020WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -29,95265.4400001960058.884.66%42066200.002200000440.00
    08/07/2020WBIYCTL156700106CENTURYLINK INC185,00510.5600001953652.804.64%42066200.002200000440.00
    08/07/2020WBIYABBV00287Y109ABBVIE INC20,02792.5700001853899.394.41%42066200.002200000440.00
    08/07/2020WBIYIP460146103INTL PAPER CO46,51735.2700001640654.593.90%42066200.002200000440.00
    08/07/2020WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC31,47844.9600001415250.883.36%42066200.002200000440.00
    08/07/2020WBIYIPG460690100INTERPUBLIC GROUP COS INC75,47218.5300001398496.163.32%42066200.002200000440.00
    08/07/2020WBIYXRX98421M106XEROX HOLDINGS CORP60,12016.350000982962.002.34%42066200.002200000440.00
    08/07/2020WBIYSPKE846511103SPARK ENERGY INC103,2767.910000816913.161.94%42066200.002200000440.00
    08/07/2020WBIYHESM428103105HESS MIDSTREAM LP41,02919.040000781192.161.86%42066200.002200000440.00
    08/07/2020WBIYDHTY2065G121DHT HOLDINGS INC136,1455.680000773303.601.84%42066200.002200000440.00
    08/07/2020WBIYHBI410345102HANESBRANDS INC52,48714.270000748989.491.78%42066200.002200000440.00
    08/07/2020WBIYSWM808541106SCHWEITZER-MAUDUIT INTL INC22,37533.020000738822.501.76%42066200.002200000440.00
    08/07/2020WBIYSGU85512C105STAR GROUP L P80,2379.230000740587.511.76%42066200.002200000440.00
    08/07/2020WBIYGEF397624107GREIF INC19,74237.260000735586.921.75%42066200.002200000440.00
    08/07/2020WBIYVGR92240M108VECTOR GROUP LTD80,7758.980000725359.501.72%42066200.002200000440.00
    08/07/2020WBIYWYND98310W108WYNDHAM DESTINATIONS INC23,01627.430000631328.881.50%42066200.002200000440.00
    08/07/2020WBIYHFC436106108HOLLYFRONTIER CORP25,44724.620000626505.141.49%42066200.002200000440.00
    08/07/2020WBIYCMA200340107COMERICA INC12,72638.130000485242.381.15%42066200.002200000440.00
    08/07/2020WBIYPRU744320102PRUDENTIAL FINL INC6,95164.650000449382.151.07%42066200.002200000440.00
    08/07/2020WBIYHBAN446150104HUNTINGTON BANCSHARES INC47,8259.300000444772.501.06%42066200.002200000440.00
    08/07/2020WBIYCash&OtherCash&OtherCash & Other439,4061.000000439405.841.04%42066200.00220000044Y
    08/07/2020WBIYFHN320517105FIRST HORIZON NATL CORP44,8129.340000418544.080.99%42066200.002200000440.00
    08/07/2020WBIYKEY493267108KEYCORP33,01312.180000402098.340.96%42066200.002200000440.00
    08/07/2020WBIYUNM91529Y106UNUM GROUP23,22317.170000398738.910.95%42066200.002200000440.00
    08/07/2020WBIYFITB316773100FIFTH THIRD BANCORP18,86719.775000373094.930.89%42066200.002200000440.00
    08/07/2020WBIYCFG174610105CITIZENS FINANCIAL GROUP INC COM15,04024.760000372390.400.89%42066200.002200000440.00
    08/07/2020WBIYOMF68268W103ONEMAIN HLDGS INC12,45729.720000370222.040.88%42066200.0022000004429024.81
    08/07/2020WBIYRF7591EP100REGIONS FINANCIAL CORP NEW34,25810.840000371356.720.88%42066200.002200000440.00
    08/07/2020WBIYNAVI63938C108NAVIENT CORPORATION41,4488.460000350650.080.83%42066200.002200000440.00
    08/07/2020WBIYMCY589400100MERCURY GENL CORP NEW7,56944.450000336442.050.80%42066200.002200000440.00
    08/07/2020WBIYOZK06417N103BANK OZK12,92024.700000319124.000.76%42066200.002200000440.00
    08/07/2020WBIYSNV87161C501SYNOVUS FINL CORP15,72720.190000317528.130.75%42066200.002200000440.00
    08/07/2020WBIYWSBC950810101WESBANCO INC15,12120.980000317238.580.75%42066200.002200000440.00
    08/07/2020WBIYWBS947890109WEBSTER FINL CORP CONN11,61527.020000313837.300.75%42066200.002200000440.00
    08/07/2020WBIYPFG74251V102PRINCIPAL FINANCIAL GROUP INC COM7,31642.950000314222.200.75%42066200.002200000440.00
    08/07/2020WBIYASB045487105ASSOCIATED BANC CORP23,62613.180000311390.680.74%42066200.002200000440.00
    08/07/2020WBIYHWC410120109HANCOCK WHITNEY CORPORATION15,87119.400000307897.400.73%42066200.002200000440.00
    08/07/2020WBIYFCF319829107FIRST COMWLTH FINL CORP PA38,3257.980000305833.500.73%42066200.002200000440.00
    08/07/2020WBIYSASR800363103SANDY SPRING BANCORP INC13,07123.200000303247.200.72%42066200.002200000440.00
    08/07/2020WBIYFFG30239F106FBL FINL GROUP INC8,52435.100000299192.400.71%42066200.002200000440.00
    08/07/2020WBIYFNLC31866P102FIRST BANCORP INC ME14,33920.860000299111.540.71%42066200.002200000440.00
    08/07/2020WBIYWDR930059100WADDELL & REED FINL INC19,92614.870000296299.620.70%42066200.002200000440.00
    08/07/2020WBIYBHLB084680107BERKSHIRE HILLS BANCORP INC29,9649.630000288553.320.69%42066200.002200000440.00
    08/07/2020WBIYHOPE43940T109HOPE BANCORP INC34,6088.370000289668.960.69%42066200.002200000444845.12
    08/07/2020WBIYUBFO911460103UNITED SEC BANCSHARES CALIF46,4036.140000284914.420.68%42066200.002200000440.00
    08/07/2020WBIYPFS74386T105PROVIDENT FINL SVCS INC21,39413.300000284540.200.68%42066200.002200000440.00

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.