WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$25.84
As of 02/18/2020

FUND NET ASSETS

$89.14 (MM)
As of 02/18/2020

30-DAY SEC YIELD

5.03%
As of 1/31/2020

30-DAY SEC YIELD (UNSUB.)

4.96%
As of 1/31/2020

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
    02/19/2020WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM33,048151.1000004993552.805.60%89136270.003450000690.00
    02/19/2020WBIYT00206R102AT&T INC119,90238.2600004587450.525.15%89136270.003450000690.00
    02/19/2020WBIYVZ92343V104VERIZON COMMUNICATIONS INC74,87457.9100004335953.344.86%89136270.003450000690.00
    02/19/2020WBIYGM37045V100GENERAL MTRS CO125,73834.4100004326644.584.85%89136270.003450000690.00
    02/19/2020WBIYF345370860FORD MTR CO DEL497,2618.0600004007923.664.50%89136270.003450000690.00
    02/19/2020WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC64,97654.2000003521699.203.95%89136270.003450000690.00
    02/19/2020WBIYM55616P104MACYS INC218,08016.0700003504545.603.93%89136270.003450000690.00
    02/19/2020WBIYLB501797104L BRANDS INC140,35824.0900003381224.223.79%89136270.003450000690.00
    02/19/2020WBIYTGE874696107TALLGRASS ENERGY LP140,41522.3000003131254.503.51%89136270.003450000690.00
    02/19/2020WBIYHBI410345102HANESBRANDS INC188,87914.5100002740634.293.07%89136270.003450000690.00
    02/19/2020WBIYKSS500255104KOHLS CORP56,99843.8300002498222.342.80%89136270.003450000690.00
    02/19/2020WBIYHRB093671105BLOCK H & R INC104,77322.9800002407683.542.70%89136270.003450000690.00
    02/19/2020WBIYSIX83001A102SIX FLAGS ENTMT CORP NEW62,21738.4200002390377.142.68%89136270.003450000690.00
    02/19/2020WBIYGPS364760108GAP INC136,12417.4000002368557.602.66%89136270.003450000690.00
    02/19/2020WBIYTPR876030107TAPESTRY INC80,14528.1000002252074.502.53%89136270.003450000690.00
    02/19/2020WBIYIVZG491BT108INVESCO LTD118,05117.6200002080058.622.33%89136270.003450000690.00
    02/19/2020WBIYIP460146103INTL PAPER CO47,33043.2300002046075.902.30%89136270.003450000690.00
    02/19/2020WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -23,65881.3200001923868.562.16%89136270.003450000690.00
    02/19/2020WBIYWRK96145D105WESTROCK CO47,07840.9200001926431.762.16%89136270.003450000690.00
    02/19/2020WBIYNYCB649445103NEW YORK CMNTY BANCORP INC157,85111.1600001761617.161.98%89136270.003450000690.00
    02/19/2020WBIYCNK17243V102CINEMARK HOLDINGS INC50,67131.7100001606777.411.80%89136270.003450000690.00
    02/19/2020WBIYPAGP72651A207PLAINS GP HLDGS L P93,89116.8700001583941.171.78%89136270.003450000690.00
    02/19/2020WBIYCC163851108CHEMOURS CO84,72018.5600001572403.201.76%89136270.003450000690.00
    02/19/2020WBIYIPG460690100INTERPUBLIC GROUP COS INC57,81824.8600001437355.481.61%89136270.003450000690.00
    02/19/2020WBIYPRU744320102PRUDENTIAL FINL INC14,58293.1800001358750.761.52%89136270.003450000690.00
    02/19/2020WBIYOLN680665205OLIN CORP78,81217.1300001350049.561.51%89136270.003450000690.00
    02/19/2020WBIYCash&OtherCash&OtherCash & Other1,336,4001.0000001336400.491.50%89136270.00345000069Y
    02/19/2020WBIYMSM553530106MSC INDL DIRECT INC18,55671.1700001320630.521.48%89136270.003450000690.00
    02/19/2020WBIYHBAN446150104HUNTINGTON BANCSHARES INC93,62713.9100001302351.571.46%89136270.003450000690.00
    02/19/2020WBIYKEY493267108KEYCORP NEW65,49419.5600001281062.641.44%89136270.003450000690.00
    02/19/2020WBIYBIG089302103BIG LOTS INC49,61225.6900001274532.281.43%89136270.003450000690.00
    02/19/2020WBIYJWN655664100NORDSTROM INC29,57739.9500001181601.151.33%89136270.003450000690.00
    02/19/2020WBIYVLO91913Y100VALERO ENERGY CORP NEW13,72182.5200001132256.921.27%89136270.003450000690.00
    02/19/2020WBIYMDP589433101MEREDITH CORP31,09032.030000995812.701.12%89136270.003450000690.00
    02/19/2020WBIYPACW695263103PACWEST BANCORP DEL26,77536.530000978090.751.10%89136270.0034500006916065.00
    02/19/2020WBIYNAVI63938C108NAVIENT CORPORATION64,92914.300000928484.701.04%89136270.003450000690.00
    02/19/2020WBIYUFS257559203DOMTAR CORP25,29633.720000852981.120.96%89136270.003450000690.00
    02/19/2020WBIYCVI12662P108CVR ENERGY INC22,36233.230000743089.260.83%89136270.003450000690.00
    02/19/2020WBIYCVX166764100CHEVRON CORP NEW6,541110.240000721079.840.81%89136270.003450000690.00
    02/19/2020WBIYBTU704551100PEABODY ENERGY CORP NEW86,9257.380000641506.500.72%89136270.003450000690.00
    02/19/2020WBIYBKE118440106BUCKLE INC25,15324.830000624548.990.70%89136270.003450000690.00
    02/19/2020WBIYTSEL9340P101TRINSEO S A20,60028.090000578654.000.65%89136270.003450000690.00
    02/19/2020WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A16,23035.690000579248.700.65%89136270.003450000690.00
    02/19/2020WBIYMCY589400100MERCURY GENL CORP NEW11,20651.650000578789.900.65%89136270.003450000690.00
    02/19/2020WBIYEFC28852N109ELLINGTON FINANCIAL INC24,63118.870000464786.970.52%89136270.003450000690.00
    02/19/2020WBIYHOPE43940T109HOPE BANCORP INC33,05514.020000463431.100.52%89136270.003450000690.00
    02/19/2020WBIYBPFH101119105BOSTON PRIVATE FINL HLDGS INC COM37,66111.550000434984.550.49%89136270.003450000690.00
    02/19/2020WBIYBRY08579X101BERRY PETE CO57,5057.275000418348.880.47%89136270.003450000690.00
    02/19/2020WBIYGEF397624107GREIF INC9,89941.730000413085.270.46%89136270.003450000690.00
    02/19/2020WBIYKRO50105F105KRONOS WORLDWIDE INC35,90011.420000409978.000.46%89136270.003450000690.00
    02/19/2020WBIYMOV624580106MOVADO GROUP INC23,03016.670000383910.100.43%89136270.003450000690.00

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.