WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$26.68
As of 06/28/2022

FUND NET ASSETS

$64.03 (MM)
As of 06/28/2022

30-DAY SEC YIELD

4.47%
As of 5/31/2022

30-DAY SEC YIELD (UNSUB.)

4.22%
As of 5/31/2022

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
    06/29/2022WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM28,075141.8600003982719.506.22%64032240.002400000480.00
    06/29/2022WBIYPSX718546104PHILLIPS 6641,05188.8500003647381.355.70%64032240.002400000480.00
    06/29/2022WBIYGILD375558103GILEAD SCIENCES INC56,60462.2100003521334.845.50%64032240.002400000480.00
    06/29/2022WBIYVZ92343V104VERIZON COMMUNICATIONS INC65,38050.4600003299074.805.15%64032240.002400000480.00
    06/29/2022WBIYPM718172109PHILIP MORRIS INTL INC31,253102.4400003201557.325.00%64032240.002400000480.00
    06/29/2022WBIYLUMN550241103LUMEN TECHNOLOGIES INC281,65811.2500003168652.504.95%64032240.002400000480.00
    06/29/2022WBIYWBA931427108WALGREENS BOOTS ALLIANCE INC COM75,05240.9600003074129.924.80%64032240.002400000480.00
    06/29/2022WBIYKMI49456B101KINDER MORGAN INC DEL172,75417.2000002971368.804.64%64032240.002400000480.00
    06/29/2022WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -30,39988.4200002687879.584.20%64032240.002400000480.00
    06/29/2022WBIYDOW260557103DOW INC49,96252.5300002624503.864.10%64032240.002400000480.00
    06/29/2022WBIYFL344849104FOOT LOCKER INC92,51828.0800002597905.444.06%64032240.002400000480.00
    06/29/2022WBIYAEO02553E106AMERICAN EAGLE OUTFITTERS INC COM148,49912.2500001819112.752.84%64032240.002400000480.00
    06/29/2022WBIYNWL651229106NEWELL BRANDS INC92,65319.4200001799321.262.81%64032240.002400000480.00
    06/29/2022WBIYMMM88579Y1013M CO13,799130.3300001798423.672.81%64032240.002400000480.00
    06/29/2022WBIYWU959802109WESTERN UN CO98,83516.5700001637695.952.56%64032240.002400000480.00
    06/29/2022WBIYBEN354613101FRANKLIN RESOURCES INC63,72624.3900001554277.142.43%64032240.0024000004818480.54
    06/29/2022WBIYHBI410345102HANESBRANDS INC128,29510.5000001347097.502.10%64032240.002400000480.00
    06/29/2022WBIYNYCB649445103NEW YORK CMNTY BANCORP INC144,8679.0400001309597.682.05%64032240.002400000480.00
    06/29/2022WBIYIP460146103INTERNATIONAL PAPER CO24,80342.3400001050159.021.64%64032240.002400000480.00
    06/29/2022WBIYKHC500754106KRAFT HEINZ CO26,33637.730000993657.281.55%64032240.002400000480.00
    06/29/2022WBIYCWH13462K109CAMPING WORLD HLDGS INC43,96521.600000949644.001.48%64032240.002400000480.00
    06/29/2022WBIYPAGP72651A207PLAINS GP HLDGS L P82,74410.590000876258.961.37%64032240.002400000480.00
    06/29/2022WBIYUNM91529Y106UNUM GROUP22,99734.440000792016.681.24%64032240.002400000480.00
    06/29/2022WBIYOMC681919106OMNICOM GROUP INC12,40563.660000789702.301.23%64032240.002400000480.00
    06/29/2022WBIYCash&OtherCash&OtherCash & Other743,8811.000000743880.951.16%64032240.00240000048Y
    06/29/2022WBIYCBRL22410J106CRACKER BARREL OLD CTRY STORE COM8,60985.640000737274.761.15%64032240.002400000480.00
    06/29/2022WBIYFIBK32055Y201FIRST INTST BANCSYSTEM INC18,86238.380000723923.561.13%64032240.002400000480.00
    06/29/2022WBIYFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM18,94736.830000697818.011.09%64032240.002400000480.00
    06/29/2022WBIYORI680223104OLD REP INTL CORP31,63722.150000700759.551.09%64032240.002400000480.00
    06/29/2022WBIYPRU744320102PRUDENTIAL FINL INC7,08897.680000692355.841.08%64032240.002400000480.00
    06/29/2022WBIYPFG74251V102PRINCIPAL FINANCIAL GROUP INC COM9,50068.110000647045.001.01%64032240.002400000480.00
    06/29/2022WBIYNAVI63938C108NAVIENT CORPORATION45,93014.080000646694.401.01%64032240.002400000480.00
    06/29/2022WBIYFNB302520101F N B CORP57,82011.070000640067.401.00%64032240.002400000480.00
    06/29/2022WBIYHESM428103105HESS MIDSTREAM LP20,43629.400000600818.400.94%64032240.002400000480.00
    06/29/2022WBIYUMPQ904214103UMPQUA HLDGS CORP31,42217.020000534802.440.84%64032240.002400000480.00
    06/29/2022WBIYRCII76009N100RENT A CTR INC NEW22,61821.660000489905.880.77%64032240.002400000480.00
    06/29/2022WBIYCWEN18539C204CLEARWAY ENERGY INC13,62835.100000478342.800.75%64032240.002400000480.00
    06/29/2022WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A11,56537.170000429871.050.67%64032240.002400000480.00
    06/29/2022WBIYMC60786M105MOELIS & CO10,36939.900000413723.100.65%64032240.002400000480.00
    06/29/2022WBIYGES401617105GUESS INC22,67818.070000409791.460.64%64032240.002400000480.00
    06/29/2022WBIYKTB50050N103KONTOOR BRANDS INC11,44733.770000386565.190.60%64032240.002400000480.00
    06/29/2022WBIYGNKY2685T131GENCO SHIPPING & TRADING LTD SHS17,06419.660000335478.240.52%64032240.002400000480.00
    06/29/2022WBIYFULT360271100FULTON FINL CORP PA22,49514.670000330001.650.52%64032240.002400000480.00
    06/29/2022WBIYEGLEY2187A150EAGLE BULK SHIPPING INC6,27853.010000332796.780.52%64032240.002400000480.00
    06/29/2022WBIYWHR963320106WHIRLPOOL CORP1,958161.030000315296.740.49%64032240.002400000480.00
    06/29/2022WBIYBGFV08915P101BIG 5 SPORTING GOODS CORP25,70611.370000292277.220.46%64032240.002400000480.00
    06/29/2022WBIYFRG35180X105FRANCHISE GROUP INC7,53737.160000280074.920.44%64032240.002400000480.00
    06/29/2022WBIYHOPE43940T109HOPE BANCORP INC15,76614.050000221512.300.35%64032240.002400000480.00
    06/29/2022WBIYMCY589400100MERCURY GENL CORP NEW4,01344.670000179260.710.28%64032240.002400000480.00
    06/29/2022WBIYPFS74386T105PROVIDENT FINL SVCS INC6,83322.390000152990.870.24%64032240.002400000480.00
    06/29/2022WBIYFFBC320209109FIRST FINL BANCORP OH6,32919.670000124491.430.19%64032240.002400000480.00

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.