WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$28.52
As of 06/15/2021

FUND NET ASSETS

$67.02 (MM)
As of 06/15/2021

30-DAY SEC YIELD

3.62%
As of 5/31/2021

30-DAY SEC YIELD (UNSUB.)

3.45%
As of 5/31/2021

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
    06/17/2021WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM26,197147.8300003872702.515.83%66456120.002350000470.00
    06/17/2021WBIYPM718172109PHILIP MORRIS INTL INC37,82299.9200003779174.245.69%66456120.002350000470.00
    06/17/2021WBIYABBV00287Y109ABBVIE INC32,492115.5300003753800.765.65%66456120.002350000470.00
    06/17/2021WBIYIP460146103INTERNATIONAL PAPER CO54,54062.2300003394024.205.11%66456120.002350000470.00
    06/17/2021WBIYGILD375558103GILEAD SCIENCES INC46,99367.3300003164038.694.76%66456120.002350000470.00
    06/17/2021WBIYPFE717081103PFIZER INC79,08539.3000003108040.504.68%66456120.002350000470.00
    06/17/2021WBIYDOW260557103DOW INC46,50065.5900003049935.004.59%66456120.002350000470.00
    06/17/2021WBIYVZ92343V104VERIZON COMMUNICATIONS INC53,56656.6400003033978.244.57%66456120.002350000470.00
    06/17/2021WBIYKHC500754106KRAFT HEINZ CO72,24341.9100003027704.134.56%66456120.002350000470.00
    06/17/2021WBIYIPG460690100INTERPUBLIC GROUP COS INC89,31233.4500002987486.404.50%66456120.002350000470.00
    06/17/2021WBIYMO02209S103ALTRIA GROUP INC63,16247.3700002991983.944.50%66456120.002350000470.00
    06/17/2021WBIYSO842587107SOUTHERN CO46,28562.9800002915029.304.39%66456120.002350000470.00
    06/17/2021WBIYPFG74251V102PRINCIPAL FINANCIAL GROUP INC COM36,85064.4900002376456.503.58%66456120.002350000470.00
    06/17/2021WBIYOMC681919106OMNICOM GROUP INC25,20282.6500002082945.303.13%66456120.002350000470.00
    06/17/2021WBIYBGS05508R106B & G FOODS INC NEW56,07333.2400001863866.522.80%66456120.002350000470.00
    06/17/2021WBIYXRX98421M106XEROX HOLDINGS CORP67,48724.6500001663554.552.50%66456120.002350000470.00
    06/17/2021WBIYUNM91529Y106UNUM GROUP54,26430.4300001651253.522.48%66456120.002350000470.00
    06/17/2021WBIYSJI838518108SOUTH JERSEY INDS INC43,92226.9200001182380.241.78%66456120.002350000470.00
    06/17/2021WBIYFHN320517105FIRST HORIZON CORPORATION62,55718.2300001140414.111.72%66456120.002350000470.00
    06/17/2021WBIYCash&OtherCash&OtherCash & Other1,138,0101.0000001138010.081.71%66456120.00235000047Y
    06/17/2021WBIYORI680223104OLD REP INTL CORP42,26825.9900001098545.321.65%66456120.002350000470.00
    06/17/2021WBIYNYCB649445103NEW YORK CMNTY BANCORP INC92,55711.7600001088470.321.64%66456120.002350000470.00
    06/17/2021WBIYNAVI63938C108NAVIENT CORPORATION43,34320.000000866860.001.30%66456120.002350000470.00
    06/17/2021WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A13,94652.560000733001.761.10%66456120.002350000470.00
    06/17/2021WBIYASB045487105ASSOCIATED BANC CORP31,07222.350000694459.201.04%66456120.002350000470.00
    06/17/2021WBIYCWEN18539C204CLEARWAY ENERGY INC22,63227.300000617853.600.93%66456120.002350000470.00
    06/17/2021WBIYMC60786M105MOELIS & CO11,12154.720000608541.120.92%66456120.002350000470.00
    06/17/2021WBIYCFFI12466Q104C & F FINL CORP8,47552.150000441971.250.67%66456120.002350000470.00
    06/17/2021WBIYUNB905400107UNION BANKSHARES INC11,30734.750000392918.250.59%66456120.002350000470.00
    06/17/2021WBIYFNLC31866P102FIRST BANCORP INC ME12,05731.760000382930.320.58%66456120.002350000470.00
    06/17/2021WBIYSPKE846511103SPARK ENERGY INC34,46511.270000388420.550.58%66456120.002350000470.00
    06/17/2021WBIYSXC86722A103SUNCOKE ENERGY INC51,3947.330000376718.020.57%66456120.002350000470.00
    06/17/2021WBIYEBF293389102ENNIS INC16,98121.660000367808.460.55%66456120.002350000470.00
    06/17/2021WBIYPWOD708430103PENNS WOODS BANCORP INC14,67224.770000363425.440.55%66456120.002350000470.00
    06/17/2021WBIYUBFO911460103UNITED SEC BANCSHARES CALIF44,7648.230000368407.720.55%66456120.002350000470.00
    06/17/2021WBIYRGP76122Q105RESOURCES CONNECTION INC24,00714.840000356263.880.54%66456120.002350000470.00
    06/17/2021WBIYUVE91359V107UNIVERSAL INS HLDGS INC25,16114.250000358544.250.54%66456120.002350000470.00
    06/17/2021WBIYMCY589400100MERCURY GENL CORP NEW6,06859.590000361592.120.54%66456120.002350000470.00
    06/17/2021WBIYFRG35180X105FRANCHISE GROUP INC9,51136.690000348958.590.53%66456120.002350000470.00
    06/17/2021WBIYSPTN847215100SPARTANNASH CO17,75619.950000354232.200.53%66456120.002350000470.00
    06/17/2021WBIYETH297602104ETHAN ALLEN INTERIORS INC12,31128.690000353202.590.53%66456120.002350000470.00
    06/17/2021WBIYNWFL669549107NORWOOD FINL CORP13,60625.900000352395.400.53%66456120.002350000470.00
    06/17/2021WBIYSGU85512C105STAR GROUP L P31,32311.300000353949.900.53%66456120.002350000470.00
    06/17/2021WBIYUVV913456109UNIVERSAL CORP VA6,06357.220000346924.860.52%66456120.002350000470.00
    06/17/2021WBIYATLO031001100AMES NATL CORP13,69725.150000344479.550.52%66456120.002350000470.00
    06/17/2021WBIYVGR92240M108VECTOR GROUP LTD24,18914.080000340581.120.51%66456120.002350000470.00
    06/17/2021WBIYCIZN174715102CITIZENS HLDG CO MISS18,06618.750000338737.500.51%66456120.002350000474335.84
    06/17/2021WBIYSAFT78648T100SAFETY INS GROUP INC4,09781.180000332594.460.50%66456120.002350000470.00
    06/17/2021WBIYPFBI74050M105PREMIER FINL BANCORP INC18,41818.150000334286.700.50%66456120.002350000470.00
    06/17/2021WBIYVLGEA927107409VILLAGE SUPER MKT INC13,87623.310000323449.560.49%66456120.002350000470.00
    06/17/2021WBIYSWM808541106SCHWEITZER-MAUDUIT INTL INC7,06540.710000287616.150.43%66456120.002350000470.00

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.