WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$24.48
As of 10/15/2019

FUND NET ASSETS

$91.79 (MM)
As of 10/15/2019

30-DAY SEC YIELD

4.89%
As of 9/30/2019

30-DAY SEC YIELD (UNSUB.)

4.88%
As of 9/30/2019

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

  • WBIY Investment Process Overview
  • Daily Holdings:
    DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
    10/16/2019WBIYT00206R102AT&T INC137,59337.9000005214774.705.68%91794000.003750000750.00
    10/16/2019WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC93,97554.9400005162986.505.62%91794000.003750000750.00
    10/16/2019WBIYABBV00287Y109ABBVIE INC66,71074.5000004969895.005.41%91794000.003750000750.00
    10/16/2019WBIYVZ92343V104VERIZON COMMUNICATIONS INC77,97860.5500004721567.905.14%91794000.003750000750.00
    10/16/2019WBIYVLO91913Y100VALERO ENERGY CORP NEW50,10289.4500004481623.904.88%91794000.003750000750.00
    10/16/2019WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM29,817143.0000004263831.004.64%91794000.003750000750.00
    10/16/2019WBIYF345370860FORD MTR CO DEL443,7479.0700004024785.294.38%91794000.003750000750.00
    10/16/2019WBIYMO02209S103ALTRIA GROUP INC87,83043.4300003814456.904.16%91794000.003750000750.00
    10/16/2019WBIYJWN655664100NORDSTROM INC106,50235.4800003778690.964.12%91794000.003750000750.00
    10/16/2019WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -37,66287.2000003284126.403.58%91794000.003750000750.00
    10/16/2019WBIYIP460146103INTL PAPER CO72,93441.4200003020926.283.29%91794000.003750000750.00
    10/16/2019WBIYK487836108KELLOGG CO48,10561.9300002979142.653.25%91794000.003750000750.00
    10/16/2019WBIYWRK96145D105WESTROCK CO76,73536.2500002781643.753.03%91794000.003750000750.00
    10/16/2019WBIYNYCB649445103NEW YORK CMNTY BANCORP INC168,65613.0200002195901.122.39%91794000.003750000750.00
    10/16/2019WBIYKSS500255104KOHLS CORP41,85051.4500002153182.502.35%91794000.003750000750.00
    10/16/2019WBIYCC163851108CHEMOURS CO125,84214.7500001856169.502.02%91794000.003750000750.00
    10/16/2019WBIYM55616P104MACYS INC115,66515.6900001814783.851.98%91794000.003750000750.00
    10/16/2019WBIYGPS364760108GAP INC104,68017.3200001813057.601.98%91794000.003750000750.00
    10/16/2019WBIYRLGY75605Y106REALOGY HLDGS CORP214,1007.3800001580058.001.72%91794000.003750000750.00
    10/16/2019WBIYCash&OtherCash&OtherCash & Other1,498,1751.0000001498174.721.63%91794000.00375000075Y
    10/16/2019WBIYTPR876030107TAPESTRY INC55,67225.5200001420749.441.55%91794000.003750000750.00
    10/16/2019WBIYIVZG491BT108INVESCO LTD86,97715.7900001373366.831.50%91794000.003750000750.00
    10/16/2019WBIYWU959802109WESTERN UN CO56,95623.9700001365235.321.49%91794000.003750000750.00
    10/16/2019WBIYHOG412822108HARLEY DAVIDSON INC36,54536.4300001331334.351.45%91794000.003750000750.00
    10/16/2019WBIYHBAN446150104HUNTINGTON BANCSHARES INC87,56814.2450001247406.161.36%91794000.003750000750.00
    10/16/2019WBIYKEY493267108KEYCORP NEW66,42217.7800001180983.161.29%91794000.003750000750.00
    10/16/2019WBIYGIS370334104GENERAL MLS INC21,92753.6100001175506.471.28%91794000.003750000750.00
    10/16/2019WBIYPACW695263103PACWEST BANCORP DEL31,33436.8700001155284.581.26%91794000.003750000750.00
    10/16/2019WBIYIPG460690100INTERPUBLIC GROUP COS INC55,20020.6800001141536.001.24%91794000.003750000750.00
    10/16/2019WBIYPAGP72651A207PLAINS GP HLDGS L P54,54119.4000001058095.401.15%91794000.003750000750.00
    10/16/2019WBIYPRU744320102PRUDENTIAL FINL INC11,51989.9500001036134.051.13%91794000.003750000750.00
    10/16/2019WBIYHRB093671105BLOCK H & R INC41,45723.440000971752.081.06%91794000.003750000750.00
    10/16/2019WBIYAMC00165C104AMC ENTMT HLDGS INC105,1719.170000964418.071.05%91794000.003750000750.00
    10/16/2019WBIYFNB302520101FNB CORP PA81,01711.920000965722.641.05%91794000.003750000750.00
    10/16/2019WBIYBGS05508R106B & G FOODS INC NEW47,91416.560000793455.840.86%91794000.003750000750.00
    10/16/2019WBIYCVI12662P108CVR ENERGY INC18,00043.790000788220.000.86%91794000.003750000750.00
    10/16/2019WBIYVIRT928254101VIRTU FINL INC46,88916.465000772027.390.84%91794000.003750000750.00
    10/16/2019WBIYNAVI63938C108NAVIENT CORPORATION63,06812.010000757446.680.83%91794000.003750000750.00
    10/16/2019WBIYPETS716382106PETMED EXPRESS INC38,41918.730000719587.870.78%91794000.003750000750.00
    10/16/2019WBIYCHS168615102CHICOS FAS INC179,4013.500000627903.500.68%91794000.003750000750.00
    10/16/2019WBIYANF002896207ABERCROMBIE & FITCH CO38,78715.320000594216.840.65%91794000.003750000750.00
    10/16/2019WBIYWDR930059100WADDELL & REED FINL INC37,63515.340000577320.900.63%91794000.003750000750.00
    10/16/2019WBIYGEF397624107GREIF INC15,06137.780000569004.580.62%91794000.003750000750.00
    10/16/2019WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A21,30426.200000558164.800.61%91794000.003750000750.00
    10/16/2019WBIYODP676220106OFFICE DEPOT INC295,8011.885000557584.890.61%91794000.003750000750.00
    10/16/2019WBIYCVA22282E102COVANTA HLDG CORP31,47116.260000511718.460.56%91794000.003750000750.00
    10/16/2019WBIYBPFH101119105BOSTON PRIVATE FINL HLDGS INC COM40,44911.590000468803.910.51%91794000.003750000750.00
    10/16/2019WBIYHOPE43940T109HOPE BANCORP INC32,46114.130000458673.930.50%91794000.003750000750.00
    10/16/2019WBIYBIG089302103BIG LOTS INC19,31522.140000427634.100.47%91794000.003750000750.00
    10/16/2019WBIYNEWM64704V106NEW MEDIA INVT GROUP INC50,7038.500000430975.500.47%91794000.003750000750.00
    10/16/2019WBIYXOM30231G102EXXON MOBIL CORP5,49169.420000381185.220.42%91794000.003750000750.00

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 Fund is subject to investment risk, including the possible loss of principal amount invested. Common stocks are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence in and perceptions of their issuers change. High yielding stocks are often speculative, high risk investments. These companies can be paying out more than they can support and may reduce their dividends or stop paying dividends at any time, which could have a material adverse effect on the stock price of these companies and the Fund’s performance. The Fund 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. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Other Fund risks include but are not limited to concentration risk, cyber security risk, small and mid-cap risk, tracking error risk, premium/discount risk, and valuation risk. Additional details regarding the risks of the Fund can be found in the prospectus.