WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$27.59
As of 12/08/2022

FUND NET ASSETS

$77.26 (MM)
As of 12/08/2022

30-DAY SEC YIELD

4.31%
As of 11/30/2022

30-DAY SEC YIELD (UNSUB.)

4.11%
As of 11/30/2022

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
    12/09/2022WBIYBBY086516101BEST BUY INC52,61583.4000004388091.005.58%78640050.002850000570.00
    12/09/2022WBIYWBA931427108WALGREENS BOOTS ALLIANCE INC COM104,72040.9000004283048.005.45%78640050.002850000570.00
    12/09/2022WBIYOKE682680103ONEOK INC NEW62,15564.1200003985378.605.07%78640050.002850000570.00
    12/09/2022WBIYDOW260557103DOW INC77,75450.5600003931242.245.00%78640050.002850000570.00
    12/09/2022WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM25,222147.7800003727307.164.74%78640050.002850000570.00
    12/09/2022WBIYMMM88579Y1013M CO28,975126.0000003650850.004.64%78640050.002850000570.00
    12/09/2022WBIYINTC458140100INTEL CORP127,15628.4400003616316.644.60%78640050.002850000570.00
    12/09/2022WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -44,19981.5800003605754.424.59%78640050.002850000570.00
    12/09/2022WBIYSTXG7997R103SEAGATE TECHNOLOGY HLDNGS PLC ORD SHS64,54654.4300003513238.784.47%78640050.002850000570.00
    12/09/2022WBIYVZ92343V104VERIZON COMMUNICATIONS INC94,41837.1000003502907.804.45%78640050.002850000570.00
    12/09/2022WBIYFANG25278X109DIAMONDBACK ENERGY INC23,350132.8800003102748.003.95%78640050.002850000570.00
    12/09/2022WBIYKSS500255104KOHLS CORP102,74727.1000002784443.703.54%78640050.002850000570.00
    12/09/2022WBIYF345370860FORD MTR CO DEL197,87513.1200002596120.003.30%78640050.002850000570.00
    12/09/2022WBIYIVZG491BT108INVESCO LTD91,58618.5100001695256.862.16%78640050.002850000570.00
    12/09/2022WBIYCash&OtherCash&OtherCash & Other1,659,5031.0000001659503.362.11%78640050.00285000057Y
    12/09/2022WBIYFL344849104FOOT LOCKER INC40,31739.0400001573975.682.00%78640050.002850000570.00
    12/09/2022WBIYGILD375558103GILEAD SCIENCES INC16,85589.4700001508016.851.92%78640050.002850000570.00
    12/09/2022WBIYBEN354613101FRANKLIN RESOURCES INC55,83726.8700001500340.191.91%78640050.002850000570.00
    12/09/2022WBIYWHR963320106WHIRLPOOL CORP9,619145.3600001398217.841.78%78640050.002850000570.00
    12/09/2022WBIYKHC500754106KRAFT HEINZ CO31,95240.1400001282553.281.63%78640050.002850000570.00
    12/09/2022WBIYCALM128030202CAL MAINE FOODS INC20,23959.0800001195720.121.52%78640050.002850000570.00
    12/09/2022WBIYOMC681919106OMNICOM GROUP INC15,57675.6100001177701.361.50%78640050.002850000570.00
    12/09/2022WBIYTROW74144T108PRICE T ROWE GROUP INC9,059122.2600001107553.341.41%78640050.002850000570.00
    12/09/2022WBIYWU959802109WESTERN UN CO78,76713.9100001095648.971.39%78640050.002850000570.00
    12/09/2022WBIYCG14316J108CARLYLE GROUP INC36,82629.1200001072373.121.36%78640050.002850000570.00
    12/09/2022WBIYPSX718546104PHILLIPS 6610,615100.9000001071053.501.36%78640050.002850000570.00
    12/09/2022WBIYPAGP72651A207PLAINS GP HLDGS L P82,57712.2600001012394.021.29%78640050.002850000570.00
    12/09/2022WBIYPRU744320102PRUDENTIAL FINL INC9,861101.6000001001877.601.27%78640050.002850000570.00
    12/09/2022WBIYNYCB649445103NEW YORK CMNTY BANCORP INC116,6338.500000991380.501.26%78640050.002850000570.00
    12/09/2022WBIYKEY493267108KEYCORP55,21317.180000948559.341.21%78640050.002850000570.00
    12/09/2022WBIYTFC89832Q109TRUIST FINANCIAL CORP22,17442.060000932638.441.19%78640050.002850000570.00
    12/09/2022WBIYLEG524660107LEGGETT & PLATT INC25,99635.240000916099.041.16%78640050.002850000570.00
    12/09/2022WBIYUSB902973304US BANCORP DEL20,81443.560000906657.841.15%78640050.002850000570.00
    12/09/2022WBIYFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM23,52637.250000876343.501.11%78640050.002850000570.00
    12/09/2022WBIYIGTG4863A108INTERNATIONAL GAME TECHNOLOGY SHS USD34,56724.450000845163.151.07%78640050.002850000570.00
    12/09/2022WBIYORI680223104OLD REP INTL CORP29,42024.050000707551.000.90%78640050.002850000570.00
    12/09/2022WBIYFAF31847R102FIRST AMERN FINL CORP11,95952.520000628086.680.80%78640050.002850000570.00
    12/09/2022WBIYCWEN18539C204CLEARWAY ENERGY INC18,39433.100000608841.400.77%78640050.002850000570.00
    12/09/2022WBIYKTB50050N103KONTOOR BRANDS INC10,86842.370000460477.160.59%78640050.002850000570.00
    12/09/2022WBIYNAVI63938C108NAVIENT CORPORATION28,21216.520000466062.240.59%78640050.002850000570.00
    12/09/2022WBIYTSEG9059U107TRINSEO PLC18,67723.450000437975.650.56%78640050.002850000570.00
    12/09/2022WBIYRCII76009N100RENT A CTR INC NEW17,97123.710000426092.410.54%78640050.002850000570.00
    12/09/2022WBIYEGLEY2187A150EAGLE BULK SHIPPING INC8,44750.170000423785.990.54%78640050.002850000570.00
    12/09/2022WBIYVIRT928254101VIRTU FINL INC19,42721.460000416903.420.53%78640050.002850000570.00
    12/09/2022WBIYUMPQ904214103UMPQUA HLDGS CORP19,72518.400000362940.000.46%78640050.002850000570.00
    12/09/2022WBIYHESM428103105HESS MIDSTREAM LP10,28628.780000296031.080.38%78640050.002850000570.00
    12/09/2022WBIYTDS879433829TELEPHONE & DATA SYS INC22,8559.980000228092.900.29%78640050.002850000570.00
    12/09/2022WBIYPPBI69478X105PACIFIC PREMIER BANCORP6,05434.530000209044.620.27%78640050.002850000570.00
    12/09/2022WBIYHOPE43940T109HOPE BANCORP INC13,55213.230000179292.960.23%78640050.002850000570.00
    12/09/2022WBIYPFS74386T105PROVIDENT FINL SVCS INC7,35521.990000161736.450.21%78640050.002850000570.00
    12/09/2022WBIYFFBC320209109FIRST FINL BANCORP OH5,49525.220000138583.900.18%78640050.002850000570.00
    12/09/2022WBIYFG30190A104F&G ANNUITIES & LIFE INC1,59918.24000029165.760.04%78640050.002850000570.00

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.