Prepare and Protect:

Let us help you navigate the cycles

ACTIVE RISK-MANAGED ETFS

 

WBI’s active investment process seeks to manage risk to capital, unleash the benefits of compounding, and grow capital efficiently through good and bad market cycles. Our Bull|Bear ETFs combine our time-tested, multi-factor security selection models with our advanced dynamic trailing stop process to protect capital.

POWER FACTOR® ETFS

 

WBI’s multi-factor security selection models have been time-tested over three decades to develop the most powerful factor combinations to find the strongest dividend stocks to buy. Our Power Factor ETF unleashes the power of WBI’s sophisticated security selection to identify 50 stocks that have a deep value bias, quality fundamentals, and an attractive yield. Quarterly rebalancing provides a more active approach than you would find in similar offerings.

FEATURED PRODUCTS

WBIF

WBI Bull|Bear
Value 3000 ETF

WBIY

WBI Power Factor® High Dividend ETF

WBIG

WBI Bull|Bear
Yield 3000 ETF

WBIL

WBI Bull|Bear
Quality 3000 ETF

ALL FUNDS

Fund Information
As of: 05/14/2025
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$29.24
- $0.29
0.39%
Fund Goals

  • Multi-factor smart beta ETF
  • Power Factor® approach focuses on generating the highest dividend yield with a deep value bias and multi-factor fundamental analysis to confirm quality
  • Designed to track the Solactive Power Factor® High Dividend Index

Prices
As of: 05/14/2025
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,900,000
55.56
$29.25
17,430
0.01%
1.00%
Performance Month End
As of: 04/30/2025
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 12/19/2016
NAV
-5.84%
-5.84%
-5.73%
0.75%
4.85%
14.17
6.45%
Market
-5.82%
-5.82%
-5.50%
0.67%
4.87%
14.17
6.46%
Performance Quarter End
As of: 03/31/2025
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 12/19/2016
NAV
-1.70
0.11
0.11
1.71
5.90
19.62
7.29
Market
-1.42
0.34
0.34
1.67
5.86
19.64
7.30

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. 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 see the monthly performance table above.

Fund Characteristics
As of: 4/30/2025
30-Day SEC Yield  
5.26%
 

WBIY Top Holdings
As of: 05/16/2025
Security Name Weightings Shares
AES Corp/The
APA Corp
Best Buy Co Inc
Ford Motor Co
LyondellBasell Industries NV
United Parcel Service Inc
Altria Group Inc
FMC Corp
Pfizer Inc
Verizon Communications Inc
5.54%
5.02%
5.00%
4.95%
4.68%
4.64%
4.52%
4.40%
4.37%
4.34%
255,867
161,889
39,336
263,982
45,914
26,464
44,610
64,210
110,852
57,224
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
05/16/2025WBIYAES00130H105AES Corp/The255,86712.4000003172750.805.54%57283785.00195000039.0000000000000.00
05/16/2025WBIYAPA03743Q108APA Corp161,88917.7600002875148.645.02%57283785.00195000039.0000000000000.00
05/16/2025WBIYBBY086516101Best Buy Co Inc39,33672.8400002865234.245.00%57283785.00195000039.0000000000000.00
05/16/2025WBIYF345370860Ford Motor Co263,98210.7500002837806.504.95%57283785.00195000039.0000000000000.00
05/16/2025WBIYLYBN53745100LyondellBasell Industries NV45,91458.4200002682295.884.68%57283785.00195000039.0000000000000.00
05/16/2025WBIYUPS911312106United Parcel Service Inc26,464100.3500002655662.404.64%57283785.00195000039.0000000000000.00
05/16/2025WBIYMO02209S103Altria Group Inc44,61058.0600002590056.604.52%57283785.00195000039.0000000000000.00
05/16/2025WBIYFMC302491303FMC Corp64,21039.2200002518316.204.40%57283785.00195000039.0000000000000.00
05/16/2025WBIYPFE717081103Pfizer Inc110,85222.6000002505255.204.37%57283785.00195000039.0000000000000.00
05/16/2025WBIYVZ92343V104Verizon Communications Inc57,22443.4800002488099.524.34%57283785.00195000039.0000000000000.00
05/16/2025WBIYM55616P104Macy's Inc164,62912.0100001977194.293.45%57283785.00195000039.0000000000000.00
05/16/2025WBIYIVZG491BT108Invesco Ltd112,16815.3200001718413.763.00%57283785.00195000039.0000000000000.00
05/16/2025WBIYMUR626717102Murphy Oil Corp72,97322.2350001622554.662.83%57283785.00195000039.00000000000023716.23
05/16/2025WBIYPZZA698813102Papa John's International Inc38,83940.0500001555501.952.72%57283785.00195000039.0000000000000.00
05/16/2025WBIYNEG65431127Noble Corp PLC55,65624.4000001358006.402.37%57283785.00195000039.0000000000000.00
05/16/2025WBIYCAG205887102CONAGRA BRANDS INC53,16522.7700001210567.052.11%57283785.00195000039.0000000000000.00
05/16/2025WBIYCRI146229109Carter's Inc31,38536.2900001138961.651.99%57283785.00195000039.0000000000000.00
05/16/2025WBIYOMF68268W103OneMain Holdings Inc21,93251.4600001128620.721.97%57283785.00195000039.0000000000000.00
05/16/2025WBIYWU959802109Western Union Co/The106,5299.7800001041853.621.82%57283785.00195000039.0000000000000.00
05/16/2025WBIYAUB04911A107Atlantic Union Bankshares Corp30,01831.130000934460.341.63%57283785.00195000039.0000000000000.00
05/16/2025WBIYVAC57164Y107Marriott Vacations Worldwide Corp12,94271.390000923929.381.61%57283785.00195000039.0000000000000.00
05/16/2025WBIYTFC89832Q109TRUIST FINANCIAL CORP22,31841.180000919055.241.60%57283785.00195000039.0000000000000.00
05/16/2025WBIYMAN56418H100ManpowerGroup Inc21,06943.340000913130.461.59%57283785.00195000039.0000000000000.00
05/16/2025WBIYIPG460690100Interpublic Group of Cos Inc/The33,70825.180000848767.441.48%57283785.00195000039.0000000000000.00
05/16/2025WBIYVLY919794107Valley National Bancorp91,9039.160000841831.481.47%57283785.00195000039.0000000000000.00
05/16/2025WBIYCash&OtherCash&OtherCash & Other830,1991.000000830198.871.45%57283785.00195000039.000000000000Y
05/16/2025WBIYCMA200340107Comerica Inc13,71658.080000796625.281.39%57283785.00195000039.0000000000000.00
05/16/2025WBIYLCII50189K103LCI Industries8,98288.960000799038.721.39%57283785.00195000039.0000000000000.00
05/16/2025WBIYPRU744320102Prudential Financial Inc7,247107.000000775429.001.35%57283785.00195000039.0000000000000.00
05/16/2025WBIYCVX166764100Chevron Corp5,405142.260000768915.301.34%57283785.00195000039.0000000000000.00
05/16/2025WBIYCFG174610105Citizens Financial Group Inc18,09241.720000754798.241.32%57283785.00195000039.0000000000000.00
05/16/2025WBIYTNL894164102Travel + Leisure Co14,64750.710000742749.371.30%57283785.00195000039.0000000000000.00
05/16/2025WBIYOGN68622V106Organon & Co83,4378.770000731742.491.28%57283785.00195000039.0000000000000.00
05/16/2025WBIYCOLB197236102Columbia Banking System Inc29,01225.130000729071.561.27%57283785.00195000039.0000000000000.00
05/16/2025WBIYD25746U109Dominion Energy Inc13,22155.040000727683.841.27%57283785.00195000039.0000000000000.00
05/16/2025WBIYCWEN18539C204Clearway Energy Inc17,54429.950000525442.800.92%57283785.00195000039.0000000000000.00
05/16/2025WBIYAPAM04316A108Artisan Partners Asset Management Inc10,52843.640000459441.920.80%57283785.00195000039.0000000000007159.04
05/16/2025WBIYDIN254423106Dine Brands Global Inc15,35324.700000379219.100.66%57283785.00195000039.0000000000000.00
05/16/2025WBIYFIBK32055Y201First Interstate BancSystem Inc12,82727.690000355179.630.62%57283785.00195000039.0000000000000.00
05/16/2025WBIYPPBI69478X105Pacific Premier Bancorp Inc13,68622.460000307387.560.54%57283785.00195000039.0000000000000.00
05/16/2025WBIYMNRO610236101Monro Inc21,24512.950000275122.750.48%57283785.00195000039.0000000000000.00
05/16/2025WBIYUPBD76009N100Upbound Group Inc10,75424.860000267344.440.47%57283785.00195000039.0000000000000.00
05/16/2025WBIYNAVI63938C108Navient Corp17,42013.880000241789.600.42%57283785.00195000039.0000000000000.00
05/16/2025WBIYSFLG7738W106SFL Corp Ltd27,5768.720000240462.720.42%57283785.00195000039.0000000000000.00
05/16/2025WBIYFLNGG35947202FLEX LNG Ltd9,46924.680000233694.920.41%57283785.00195000039.0000000000000.00
05/16/2025WBIYPFS74386T105Provident Financial Services Inc12,49717.620000220197.140.38%57283785.00195000039.0000000000002999.28
05/16/2025WBIYGSLY27183600Global Ship Lease Inc8,45724.750000209310.750.37%57283785.00195000039.0000000000000.00
05/16/2025WBIYNWBI667340103Northwest Bancshares Inc13,25312.670000167915.510.29%57283785.00195000039.0000000000000.00
05/16/2025WBIYHOPE43940T109Hope Bancorp Inc15,12710.550000159589.850.28%57283785.00195000039.0000000000000.00
05/16/2025WBIYNTBG0772R208Bank of NT Butterfield & Son Ltd/The3,05242.950000131083.400.23%57283785.00195000039.0000000000000.00
05/16/2025WBIYVRTS92828Q109Virtus Investment Partners Inc716176.500000126374.000.22%57283785.00195000039.0000000000000.00
Premium/Discount
Download Premium/Discount

Fund Information
As of: 05/14/2025
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$27.85
- $0.07
0.72%
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities with consistent fundamentals and strong value characteristics

Prices
As of: 05/14/2025
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,038,315
28.92
$27.86
1,300
0.01%
1.64%
Performance Month End
As of: 04/30/2025
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-6.36%
-6.36%
-5.29%
-6.09%
-3.03%
2.52
1.66%
Market
-6.38%
-6.38%
-5.14%
-6.11%
-2.99%
2.52
1.66%
Performance Quarter End
As of: 03/31/2025
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-3.97
1.15
1.15
-5.40
-2.29
3.94
2.31
Market
-3.64
1.33
1.33
-5.43
-2.30
3.97
2.31

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. 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 see the monthly performance table above.

Fund Characteristics
As of: 4/30/2025
30-Day SEC Yield
0.39%
WBIF Top Holdings
As of: 05/16/2025
Security Name Weightings Shares
Penske Automotive Group Inc
Voya Financial Inc
Interactive Brokers Group Inc
Lam Research Corp
Tetra Tech Inc
Progressive Corp/The
ADT Inc
QUALCOMM Inc
NewMarket Corp
Paychex Inc
4.81%
4.76%
4.71%
4.69%
4.66%
4.49%
4.25%
3.97%
3.93%
3.93%
8,460
20,113
6,649
16,150
38,709
4,662
146,317
7,587
1,777
7,426
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
05/16/2025WBIFPAG70959W103Penske Automotive Group Inc8,460165.8100001402752.604.81%29193056.88103831520.7700000000000.00
05/16/2025WBIFVOYA929089100Voya Financial Inc20,11369.0200001388199.264.76%29193056.88103831520.7700000000000.00
05/16/2025WBIFIBKR45841N107Interactive Brokers Group Inc6,649206.9900001376276.514.71%29193056.88103831520.7700000000000.00
05/16/2025WBIFLRCX512807306Lam Research Corp16,15084.7900001369358.504.69%29193056.88103831520.7700000000000.00
05/16/2025WBIFTTEK88162G103Tetra Tech Inc38,70935.1800001361782.624.66%29193056.88103831520.7700000000000.00
05/16/2025WBIFPGR743315103Progressive Corp/The4,662281.1500001310721.304.49%29193056.88103831520.7700000000000.00
05/16/2025WBIFADT00090Q103ADT Inc146,3178.4700001239304.994.25%29193056.88103831520.7700000000000.00
05/16/2025WBIFQCOM747525103QUALCOMM Inc7,587152.6100001157852.073.97%29193056.88103831520.7700000000000.00
05/16/2025WBIFNEU651587107NewMarket Corp1,777646.1700001148244.093.93%29193056.88103831520.7700000000000.00
05/16/2025WBIFPAYX704326107Paychex Inc7,426154.4300001146797.183.93%29193056.88103831520.7700000000000.00
05/16/2025WBIFKBR48242W106KBR Inc20,33155.8300001135079.733.89%29193056.88103831520.7700000000000.00
05/16/2025WBIFDRI237194105Darden Restaurants Inc5,422209.0000001133198.003.88%29193056.88103831520.7700000000000.00
05/16/2025WBIFHCA40412C101HCA Healthcare Inc2,923385.5000001126816.503.86%29193056.88103831520.7700000000000.00
05/16/2025WBIFCBOE12503M108Cboe Global Markets Inc5,108219.1400001119367.123.83%29193056.88103831520.7700000000000.00
05/16/2025WBIFGL37959E102Globe Life Inc8,879120.5700001070541.033.67%29193056.88103831520.7700000000000.00
05/16/2025WBIFSCI817565104Service Corp International/US13,31876.9500001024820.103.51%29193056.88103831520.7700000000000.00
05/16/2025WBIFTSLA88160R101Tesla Inc2,861342.820000980808.023.36%29193056.88103831520.7700000000000.00
05/16/2025WBIFAEP025537101American Electric Power Co Inc9,257101.610000940603.773.22%29193056.88103831520.7700000000000.00
05/16/2025WBIFMSFT594918104Microsoft Corp1,994453.130000903541.223.10%29193056.88103831520.7700000000000.00
05/16/2025WBIFEME29084Q100EMCOR Group Inc1,835464.290000851972.152.92%29193056.88103831520.7700000000000.00
05/16/2025WBIFAMZN023135106Amazon.com Inc4,076205.170000836272.922.86%29193056.88103831520.7700000000000.00
05/16/2025WBIFAAPL037833100Apple Inc3,917211.450000828249.652.84%29193056.88103831520.7700000000000.00
05/16/2025WBIFGOOGL02079K305Alphabet Inc4,908163.960000804715.682.76%29193056.88103831520.7700000000000.00
05/16/2025WBIFFIX199908104Comfort Systems USA Inc1,336462.920000618461.122.12%29193056.88103831520.770000000000601.20
05/16/2025WBIFATO049560105Atmos Energy Corp3,361155.970000524215.171.80%29193056.88103831520.7700000000000.00
05/16/2025WBIFWEC92939U106WEC Energy Group Inc4,954104.910000519724.141.78%29193056.88103831520.7700000000000.00
05/16/2025WBIFAEE023608102Ameren Corp5,32096.820000515082.401.76%29193056.88103831520.7700000000000.00
05/16/2025WBIFMDLZ609207105Mondelez International Inc6,79065.140000442300.601.52%29193056.88103831520.7700000000000.00
05/16/2025WBIFCVS126650100CVS Health Corp7,23760.470000437621.391.50%29193056.88103831520.7700000000000.00
05/16/2025WBIFCash&OtherCash&OtherCash & Other241,3351.000000241335.250.83%29193056.88103831520.770000000000Y
05/16/2025WBIFTHG410867105Hanover Insurance Group Inc/The716165.930000118805.880.41%29193056.88103831520.7700000000000.00
05/16/2025WBIFBAH099502106Booz Allen Hamilton Holding Corp912127.670000116435.040.40%29193056.88103831520.7700000000000.00
Premium/Discount
Download Premium/Discount
Fund Information
As of: 05/14/2025
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$21.42
- $0.03
0.34%
Fund Goals

  • Manage risk to capital
  • Generate an attractive current yield that helps promote compounding
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities that present themselves as undervalued opportunities with attractive dividend yields

Prices
As of: 05/14/2025
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,580,183
33.85
$21.43
1,558
0.03%
1.44%
Performance Month End
As of: 04/30/2025
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-7.94%
-7.94%
-12.29%
-10.58%
-6.07%
0.70
-0.10%
Market
-7.72%
-7.72%
-12.04%
-10.50%
-6.03%
0.72
-0.10%
Performance Quarter End
As of: 03/31/2025
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-5.25
-4.73
-4.73
-8.73
-4.92
2.43
0.68
Market
-5.23
-4.68
-4.68
-8.89
-5.02
2.43
0.66

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. 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 see the monthly performance table above.

Fund Characteristics
As of: 4/30/2025
30-Day SEC Yield
1.48%
WBIG Top Holdings
As of: 05/16/2025
Security Name Weightings Shares
APA Corp
Lam Research Corp
Ford Motor Co
United Parcel Service Inc
Verizon Communications Inc
Tetra Tech Inc
UGI Corp
General Dynamics Corp
AT&T Inc
Hershey Co/The
4.81%
4.77%
4.64%
4.56%
4.50%
4.38%
4.30%
3.87%
3.87%
3.69%
89,583
18,583
142,592
15,021
34,255
41,183
40,256
4,600
46,785
7,524
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
05/16/2025WBIGAPA03743Q108APA Corp89,58317.7600001590994.084.81%33065877.47153018330.6000000000000.00
05/16/2025WBIGLRCX512807306Lam Research Corp18,58384.7900001575652.574.77%33065877.47153018330.6000000000000.00
05/16/2025WBIGF345370860Ford Motor Co142,59210.7500001532864.004.64%33065877.47153018330.6000000000000.00
05/16/2025WBIGUPS911312106United Parcel Service Inc15,021100.3500001507357.354.56%33065877.47153018330.6000000000000.00
05/16/2025WBIGVZ92343V104Verizon Communications Inc34,25543.4800001489407.404.50%33065877.47153018330.6000000000000.00
05/16/2025WBIGTTEK88162G103Tetra Tech Inc41,18335.1800001448817.944.38%33065877.47153018330.6000000000000.00
05/16/2025WBIGUGI902681105UGI Corp40,25635.3100001421439.364.30%33065877.47153018330.6000000000000.00
05/16/2025WBIGGD369550108General Dynamics Corp4,600278.5100001281146.003.87%33065877.47153018330.6000000000000.00
05/16/2025WBIGT00206R102AT&T Inc46,78527.3300001278634.053.87%33065877.47153018330.6000000000000.00
05/16/2025WBIGHSY427866108Hershey Co/The7,524162.3200001221295.683.69%33065877.47153018330.60000000000010307.88
05/16/2025WBIGSJM832696405J M Smucker Co/The10,799111.5700001204844.433.64%33065877.47153018330.60000000000011662.92
05/16/2025WBIGSWX844895102Southwest Gas Holdings Inc16,66369.1800001152746.343.49%33065877.47153018330.6000000000000.00
05/16/2025WBIGTSLA88160R101Tesla Inc3,311342.8200001135077.023.43%33065877.47153018330.6000000000000.00
05/16/2025WBIGTIGOL6388F110Millicom International Cellular SA31,33435.8000001121757.203.39%33065877.47153018330.6000000000000.00
05/16/2025WBIGMSFT594918104Microsoft Corp2,308453.1300001045824.043.16%33065877.47153018330.6000000000000.00
05/16/2025WBIGAEP025537101American Electric Power Co Inc10,213101.6100001037742.933.14%33065877.47153018330.6000000000000.00
05/16/2025WBIGNVDA67066G104NVIDIA Corp7,657134.8300001032393.313.12%33065877.47153018330.6000000000000.00
05/16/2025WBIGVNOM927959106Viper Energy Inc24,21641.120000995761.923.01%33065877.47153018330.6000000000000.00
05/16/2025WBIGAMZN023135106Amazon.com Inc4,716205.170000967581.722.93%33065877.47153018330.6000000000000.00
05/16/2025WBIGAAPL037833100Apple Inc4,532211.450000958291.402.90%33065877.47153018330.6000000000000.00
05/16/2025WBIGGOOGL02079K305Alphabet Inc5,679163.960000931128.842.82%33065877.47153018330.6000000000000.00
05/16/2025WBIGKHC500754106Kraft Heinz Co/The32,88027.490000903871.202.73%33065877.47153018330.6000000000000.00
05/16/2025WBIGCBOE12503M108Cboe Global Markets Inc3,965219.140000868890.102.63%33065877.47153018330.6000000000000.00
05/16/2025WBIGADT00090Q103ADT Inc76,2388.470000645735.861.95%33065877.47153018330.6000000000000.00
05/16/2025WBIGORI680223104Old Republic International Corp16,30337.970000619024.911.87%33065877.47153018330.6000000000000.00
05/16/2025WBIGMETA30303M102Meta Platforms Inc875643.880000563395.001.70%33065877.47153018330.6000000000000.00
05/16/2025WBIGCash&OtherCash&OtherCash & Other558,2261.000000558226.331.69%33065877.47153018330.600000000000Y
05/16/2025WBIGBRK/B084670702Berkshire Hathaway Inc958507.330000486022.141.47%33065877.47153018330.6000000000000.00
05/16/2025WBIGSCI817565104Service Corp International/US5,79076.950000445540.501.35%33065877.47153018330.6000000000000.00
05/16/2025WBIGSYY871829107Sysco Corp5,28672.350000382442.101.16%33065877.47153018330.6000000000000.00
05/16/2025WBIGJPM46625H100JPMORGAN CHASE & CO.1,279267.490000342119.711.03%33065877.47153018330.6000000000000.00
05/16/2025WBIGHIG416515104Hartford Insurance Group Inc/The2,040129.250000263670.000.80%33065877.47153018330.6000000000000.00
05/16/2025WBIGHCA40412C101HCA Healthcare Inc617385.500000237853.500.72%33065877.47153018330.6000000000000.00
05/16/2025WBIGCVS126650100CVS Health Corp3,47060.470000209830.900.63%33065877.47153018330.6000000000000.00
05/16/2025WBIGMDLZ609207105Mondelez International Inc3,21165.140000209164.540.63%33065877.47153018330.6000000000000.00
05/16/2025WBIGMA57636Q104Mastercard Inc347582.200000202023.400.61%33065877.47153018330.6000000000000.00
05/16/2025WBIGAEE023608102Ameren Corp1,99096.820000192671.800.58%33065877.47153018330.6000000000000.00
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Fund Information
As of: 05/14/2025
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$30.72
$0.11
0.73%
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities with strong measures of financial health and potential for growth.

Prices
As of: 05/14/2025
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,027,182
31.55
$30.73
1,083
0.02%
1.65%
Performance Month End
As of: 04/30/2025
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-6.22%
-6.22%
-15.06%
-8.83%
1.15%
4.01
2.32%
Market
-6.07%
-6.07%
-14.72%
-8.78%
1.21%
4.04
2.33%
Performance Quarter End
As of: 03/31/2025
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-8.35
-9.44
-9.44
-8.20
1.28
5.51
2.96
Market
-8.16
-9.21
-9.21
-8.32
1.20
5.51
2.95

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. 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 see the monthly performance table above.

Fund Characteristics
As of: 4/30/2025
30-Day SEC Yield
-0.43%
WBIL Top Holdings
As of: 05/16/2025
Security Name Weightings Shares
Monster Beverage Corp
MercadoLibre Inc
Spotify Technology SA
Ameriprise Financial Inc
HCA Healthcare Inc
eBay Inc
HEICO Corp
Philip Morris International Inc
Copart Inc
Cintas Corp
5.35%
5.27%
4.98%
4.87%
4.79%
4.63%
4.57%
4.55%
4.42%
4.15%
27,391
650
2,486
2,991
3,965
20,946
5,296
8,588
22,421
6,059
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
05/16/2025WBILMNST61174X109Monster Beverage Corp27,39162.3300001707281.035.35%31927589.95102718220.5400000000000.00
05/16/2025WBILMELI58733R102MercadoLibre Inc6502586.4900001681218.505.27%31927589.95102718220.5400000000000.00
05/16/2025WBILSPOTL8681T102Spotify Technology SA2,486640.1800001591487.484.98%31927589.95102718220.5400000000000.00
05/16/2025WBILAMP03076C106Ameriprise Financial Inc2,991519.5500001553974.054.87%31927589.95102718220.5400000000000.00
05/16/2025WBILHCA40412C101HCA Healthcare Inc3,965385.5000001528507.504.79%31927589.95102718220.5400000000000.00
05/16/2025WBILEBAY278642103eBay Inc20,94670.6000001478787.604.63%31927589.95102718220.5400000000000.00
05/16/2025WBILHEI422806109HEICO Corp5,296275.3900001458465.444.57%31927589.95102718220.5400000000000.00
05/16/2025WBILPM718172109Philip Morris International Inc8,588169.1400001452574.324.55%31927589.95102718220.5400000000000.00
05/16/2025WBILCPRT217204106Copart Inc22,42162.9700001411850.374.42%31927589.95102718220.5400000000000.00
05/16/2025WBILCTAS172908105Cintas Corp6,059218.4900001323830.914.15%31927589.95102718220.5400000000000.00
05/16/2025WBILHSY427866108Hershey Co/The8,037162.3200001304565.844.09%31927589.95102718220.54000000000011010.69
05/16/2025WBILTKO87256C101TKO Group Holdings Inc7,770161.4600001254544.203.93%31927589.95102718220.5400000000000.00
05/16/2025WBILDRI237194105Darden Restaurants Inc5,923209.0000001237907.003.88%31927589.95102718220.5400000000000.00
05/16/2025WBILROL775711104Rollins Inc21,56156.3700001215393.573.81%31927589.95102718220.5400000000000.00
05/16/2025WBILVRSN92343E102VeriSign Inc4,300281.6400001211052.003.79%31927589.95102718220.5400000000000.00
05/16/2025WBILPGR743315103Progressive Corp/The4,227281.1500001188421.053.72%31927589.95102718220.5400000000000.00
05/16/2025WBILEA285512109Electronic Arts Inc7,614149.5700001138825.983.57%31927589.95102718220.5400000000000.00
05/16/2025WBILTSLA88160R101Tesla Inc3,130342.8200001073026.603.36%31927589.95102718220.5400000000000.00
05/16/2025WBILMSFT594918104Microsoft Corp2,181453.130000988276.533.10%31927589.95102718220.5400000000000.00
05/16/2025WBILAMZN023135106Amazon.com Inc4,458205.170000914647.862.86%31927589.95102718220.5400000000000.00
05/16/2025WBILAAPL037833100Apple Inc4,284211.450000905851.802.84%31927589.95102718220.5400000000000.00
05/16/2025WBILGOOGL02079K305Alphabet Inc5,368163.960000880137.282.76%31927589.95102718220.5400000000000.00
05/16/2025WBILNOW81762P102ServiceNow Inc8351035.180000864375.302.71%31927589.95102718220.5400000000000.00
05/16/2025WBILHWM443201108Howmet Aerospace Inc4,255161.290000686288.952.15%31927589.95102718220.5400000000000.00
05/16/2025WBILZS98980G102Zscaler Inc2,181245.920000536351.521.68%31927589.95102718220.5400000000000.00
05/16/2025WBILHIG416515104Hartford Insurance Group Inc/The2,644129.250000341737.001.07%31927589.95102718220.5400000000000.00
05/16/2025WBILCOST22160K105Costco Wholesale Corp3011010.470000304151.470.95%31927589.95102718220.5400000000000.00
05/16/2025WBILV92826C839Visa Inc670362.300000242741.000.76%31927589.95102718220.5400000000000.00
05/16/2025WBILNFLX64110L106Netflix Inc1971177.980000232062.060.73%31927589.95102718220.5400000000000.00
05/16/2025WBILCash&OtherCash&OtherCash & Other214,8521.000000214852.380.67%31927589.95102718220.540000000000Y
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Market Disruptions Resulting from COVID-19.  The outbreak of COVID-19 has negatively affected the worldwide economy, individual countries, individual companies and the market in general. The future impact of COVID-19 is currently unknown, and it may exacerbate other risks that apply to the Fund.

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.

There are risks specific to WBIY and WBIG which focus on high yielding securities. The Funds invest 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.

WBIF focuses on value securities. Value style investing involves the risk that an investment made in undervalued securities may not appreciate as anticipated or remain undervalued for long periods of time.

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.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in creation units only. Total returns are calculated using the daily 4:00 p.m. EST net asset value (NAV). Market price returns reflect the last trade on a given date where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.