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: 06/05/2026
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$34.96
- $0.10
0.23%
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: 06/05/2026
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,700,000
59.43
$34.25
2,504
-2.02%
1.00%
Performance Month End
As of: 05/31/2026
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 12/19/2016
NAV
2.38%
4.60%
12.02%
30.01%
18.66%
9.85
9.02%
Market
2.46%
4.51%
12.04%
29.85%
18.67%
9.85
9.02%
Performance Quarter End
As of: 03/31/2026
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 12/19/2016
NAV
-2.63
7.09
7.09
20.65
13.74
9.90
8.66
Market
-2.57
7.20
7.20
20.72
13.79
9.91
8.67

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: 5/31/2026
30-Day SEC Yield  
4.75%
 

WBIY Top Holdings
As of: 06/08/2026
Security Name Weightings Shares
HP Inc
Altria Group Inc
Best Buy Co Inc
Campbell's Company/The
United Parcel Service Inc
Skyworks Solutions Inc
Verizon Communications Inc
General Mills Inc
Pfizer Inc
Robert Half Inc
6.23%
5.23%
5.20%
4.97%
4.68%
4.59%
4.56%
4.51%
4.50%
3.43%
144,655
43,040
43,218
136,227
25,636
37,109
59,748
80,764
102,680
65,268
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/08/2026WBIYHPQ40434L105HP Inc144,65525.5800003700274.906.23%59426220.001700000170.0000000000000.00
06/08/2026WBIYMO02209S103Altria Group Inc43,04072.1900003107057.605.23%59426220.001700000170.0000000000000.00
06/08/2026WBIYBBY086516101Best Buy Co Inc43,21871.5400003091815.725.20%59426220.001700000170.0000000000000.00
06/08/2026WBIYCPB134429109Campbell's Company/The136,22721.6800002953401.364.97%59426220.001700000170.0000000000000.00
06/08/2026WBIYUPS911312106United Parcel Service Inc25,636108.5400002782531.444.68%59426220.001700000170.0000000000000.00
06/08/2026WBIYSWKS83088M102Skyworks Solutions Inc37,10973.5700002730109.134.59%59426220.001700000170.0000000000000.00
06/08/2026WBIYVZ92343V104Verizon Communications Inc59,74845.3700002710766.764.56%59426220.001700000170.0000000000000.00
06/08/2026WBIYGIS370334104General Mills Inc80,76433.1500002677326.604.51%59426220.001700000170.0000000000000.00
06/08/2026WBIYPFE717081103Pfizer Inc102,68026.0400002673787.204.50%59426220.001700000170.0000000000000.00
06/08/2026WBIYRHI770323103Robert Half Inc65,26831.2600002040277.683.43%59426220.001700000170.0000000000000.00
06/08/2026WBIYHRB093671105H&R Block Inc50,32338.0900001916803.073.23%59426220.001700000170.0000000000000.00
06/08/2026WBIYOMF68268W103OneMain Holdings Inc26,29055.3600001455414.402.45%59426220.001700000170.0000000000000.00
06/08/2026WBIYHESM428103105Hess Midstream LP27,76238.8200001077720.841.81%59426220.001700000170.0000000000000.00
06/08/2026WBIYTROW74144T108T Rowe Price Group Inc9,990105.9900001058840.101.78%59426220.001700000170.0000000000000.00
06/08/2026WBIYBEN354613101Franklin Resources Inc33,42631.3300001047236.581.76%59426220.001700000170.0000000000000.00
06/08/2026WBIYNOG665531307Northern Oil & Gas Inc49,81020.9800001045013.801.76%59426220.001700000170.0000000000000.00
06/08/2026WBIYWU959802109Western Union Co/The139,4247.4800001042891.521.75%59426220.001700000170.0000000000000.00
06/08/2026WBIYOKE682680103ONEOK Inc11,70188.2500001032613.251.74%59426220.001700000170.0000000000000.00
06/08/2026WBIYCash&OtherCash&OtherCash & Other1,020,5711.0000001020570.891.72%59426220.001700000170.000000000000Y
06/08/2026WBIYPRU744320102Prudential Financial Inc9,702104.6200001015023.241.71%59426220.001700000170.0000000000000.00
06/08/2026WBIYGPK388689101Graphic Packaging Holding Co95,94610.5400001011270.841.70%59426220.001700000170.0000000000000.00
06/08/2026WBIYAES00130H105AES Corp/The67,96214.670000997002.541.68%59426220.001700000170.0000000000000.00
06/08/2026WBIYSIRI829933100Sirius XM Holdings Inc36,58627.010000988187.861.66%59426220.001700000170.0000000000000.00
06/08/2026WBIYEIX281020107Edison International13,03973.330000956149.871.61%59426220.001700000170.0000000000000.00
06/08/2026WBIYD25746U109Dominion Energy Inc13,37466.900000894720.601.51%59426220.001700000170.0000000000000.00
06/08/2026WBIYCOLB197236102Columbia Banking System Inc29,64029.660000879122.401.48%59426220.001700000170.0000000000000.00
06/08/2026WBIYBMY110122108Bristol-Myers Squibb Co14,66257.270000839692.741.41%59426220.001700000170.0000000000000.00
06/08/2026WBIYOMC681919106Omnicom Group Inc10,90275.310000821029.621.38%59426220.001700000170.0000000000000.00
06/08/2026WBIYBBWI070830104Bath & Body Works Inc44,50017.430000775635.001.31%59426220.001700000170.0000000000000.00
06/08/2026WBIYCMCSA20030N101Comcast Corp32,39823.820000771720.361.30%59426220.001700000170.0000000000000.00
06/08/2026WBIYUGI902681105UGI Corp21,68034.850000755548.001.27%59426220.001700000170.0000000000000.00
06/08/2026WBIYTGT87612E106Target Corp6,093122.570000746819.011.26%59426220.001700000170.0000000000000.00
06/08/2026WBIYSMG810186106Scotts Miracle-Gro Co/The12,80057.670000738176.001.24%59426220.001700000170.0000000000000.00
06/08/2026WBIYFNF31620R303Fidelity National Financial Inc15,32947.400000726594.601.22%59426220.001700000170.0000000000000.00
06/08/2026WBIYT00206R102AT&T Inc31,87122.750000725065.251.22%59426220.001700000170.0000000000000.00
06/08/2026WBIYFIBK32055Y201First Interstate BancSystem Inc19,79535.570000704108.151.18%59426220.001700000170.0000000000000.00
06/08/2026WBIYTFC89832Q109TRUIST FINANCIAL CORP14,22449.200000699820.801.18%59426220.001700000170.0000000000000.00
06/08/2026WBIYMRP601137102Millrose Properties Inc21,63628.930000625929.481.05%59426220.001700000170.0000000000000.00
06/08/2026WBIYLCII50189K103LCI Industries6,13094.260000577813.800.97%59426220.001700000170.0000000000000.00
06/08/2026WBIYENR29272W109Energizer Holdings Inc26,18119.440000508958.640.86%59426220.001700000170.0000000000000.00
06/08/2026WBIYREYN76171L106Reynolds Consumer Products Inc20,49722.460000460362.620.77%59426220.001700000170.0000000000000.00
06/08/2026WBIYAPAM04316A108Artisan Partners Asset Management Inc12,16137.190000452267.590.76%59426220.001700000170.0000000000000.00
06/08/2026WBIYKMPR488401100Kemper Corp16,31424.750000403771.500.68%59426220.001700000170.0000000000000.00
06/08/2026WBIYWGO974637100Winnebago Industries Inc14,40727.700000399073.900.67%59426220.001700000170.0000000000000.00
06/08/2026WBIYPFS74386T105Provident Financial Services Inc14,18222.500000319095.000.54%59426220.001700000170.0000000000000.00
06/08/2026WBIYNWBI667340103Northwest Bancshares Inc20,00714.190000283899.330.48%59426220.001700000170.0000000000000.00
06/08/2026WBIYSLVM871332102Sylvamo Corp7,08438.640000273725.760.46%59426220.001700000170.0000000000000.00
06/08/2026WBIYGSLY27183600Global Ship Lease Inc6,90638.130000263325.780.44%59426220.001700000170.0000000000000.00
06/08/2026WBIYVRTS92828Q109Virtus Investment Partners Inc1,679146.570000246091.030.41%59426220.001700000170.0000000000000.00
06/08/2026WBIYUPBD76009N100Upbound Group Inc13,12618.270000239812.020.40%59426220.001700000170.0000000000000.00
06/08/2026WBIYPEBO709789101Peoples Bancorp Inc/OH4,62235.140000162417.080.27%59426220.001700000170.0000000000000.00
Premium/Discount
Download Premium/Discount

Fund Information
As of: 06/05/2026
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$33.98
- $0.70
0.22%
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: 06/05/2026
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
688,315
23.39
$33.99
253
0.02%
1.64%
Performance Month End
As of: 05/31/2026
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
4.20%
9.78%
10.96%
23.24%
9.44%
2.44
3.63%
Market
4.18%
9.87%
10.88%
23.16%
9.45%
2.45
3.63%
Performance Quarter End
As of: 03/31/2026
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-4.72
1.07
1.07
8.82
6.00
1.83
2.85
Market
-4.68
0.92
0.92
8.72
6.01
1.78
2.85

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: 5/31/2026
30-Day SEC Yield
-0.12%
WBIF Top Holdings
As of: 06/08/2026
Security Name Weightings Shares
Amphenol Corp
Lennox International Inc
Southern Copper Corp
Piper Sandler Cos
Ball Corp
Yum China Holdings Inc
Interactive Brokers Group Inc
Kinsale Capital Group Inc
McKesson Corp
American Express Co
2.81%
2.49%
2.49%
2.38%
2.33%
2.32%
2.30%
2.21%
2.20%
2.19%
4,729
1,147
3,368
7,266
10,315
12,656
6,372
1,689
664
1,650
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/08/2026WBIFAPH032095101Amphenol Corp4,729138.810000656432.492.81%23386603.4368831568.8300000000000.00
06/08/2026WBIFLII526107107Lennox International Inc1,147508.430000583169.212.49%23386603.4368831568.8300000000000.00
06/08/2026WBIFSCCO84265V105Southern Copper Corp3,368172.970000582476.482.49%23386603.4368831568.8300000000000.00
06/08/2026WBIFPIPR724078209Piper Sandler Cos7,26676.670000557084.222.38%23386603.4368831568.8300000000000.00
06/08/2026WBIFBALL058498106Ball Corp10,31552.920000545869.802.33%23386603.4368831568.8300000000000.00
06/08/2026WBIFYUMC98850P109Yum China Holdings Inc12,65642.880000542689.282.32%23386603.4368831568.8300000000000.00
06/08/2026WBIFIBKR45841N107Interactive Brokers Group Inc6,37284.400000537796.802.30%23386603.4368831568.8300000000000.00
06/08/2026WBIFKNSL49714P108Kinsale Capital Group Inc1,689306.120000517036.682.21%23386603.4368831568.8300000000000.00
06/08/2026WBIFMCK58155Q103McKesson Corp664775.660000515038.242.20%23386603.4368831568.8300000000000.00
06/08/2026WBIFAXP025816109American Express Co1,650310.660000512589.002.19%23386603.4368831568.8300000000000.00
06/08/2026WBIFSGI88023U101Somnigroup International Inc6,37968.010000433835.791.86%23386603.4368831568.8300000000000.00
06/08/2026WBIFVMI920253101Valmont Industries Inc793533.800000423303.401.81%23386603.4368831568.8300000000000.00
06/08/2026WBIFMORN617700109Morningstar Inc2,242185.760000416473.921.78%23386603.4368831568.8300000000000.00
06/08/2026WBIFSNX87162W100TD SYNNEX Corp1,546268.800000415564.801.78%23386603.4368831568.8300000000000.00
06/08/2026WBIFJ46982L108Jacobs Solutions Inc3,299122.550000404292.451.73%23386603.4368831568.8300000000000.00
06/08/2026WBIFVCTR92645B103Victory Capital Holdings Inc4,56187.500000399087.501.71%23386603.4368831568.8300000000000.00
06/08/2026WBIFGG3922B107Genpact Ltd11,95532.620000389972.101.67%23386603.4368831568.8300000000000.00
06/08/2026WBIFRPM749685103RPM International Inc3,630104.960000381004.801.63%23386603.4368831568.8300000000000.00
06/08/2026WBIFPRI74164M108Primerica Inc1,415265.840000376163.601.61%23386603.4368831568.8300000000000.00
06/08/2026WBIFAIZ04621X108Assurant Inc1,452256.470000372394.441.59%23386603.4368831568.8300000000001277.76
06/08/2026WBIFSIGI816300107Selective Insurance Group Inc4,18388.590000370571.971.58%23386603.4368831568.8300000000000.00
06/08/2026WBIFMLI624756102Mueller Industries Inc2,762132.800000366793.601.57%23386603.4368831568.8300000000000.00
06/08/2026WBIFPGR743315103Progressive Corp/The1,800204.020000367236.001.57%23386603.4368831568.8300000000000.00
06/08/2026WBIFAFL001055102Aflac Inc3,088118.240000365125.121.56%23386603.4368831568.8300000000000.00
06/08/2026WBIFDKS253393102Dick's Sporting Goods Inc1,675214.830000359840.251.54%23386603.4368831568.8300000000000.00
06/08/2026WBIFSF860630102Stifel Financial Corp5,06270.720000357984.641.53%23386603.4368831568.8300000000000.00
06/08/2026WBIFARM042068205ARM Holdings PLC1,037342.930000355618.411.52%23386603.4368831568.8300000000000.00
06/08/2026WBIFADP053015103Automatic Data Processing Inc1,498231.950000347461.101.49%23386603.4368831568.8300000000000.00
06/08/2026WBIFMRVL573874104MARVELL TECHNOLOGY INC1,320263.470000347780.401.49%23386603.4368831568.8300000000000.00
06/08/2026WBIFVLO91913Y100Valero Energy Corp1,364255.820000348938.481.49%23386603.4368831568.8300000000000.00
06/08/2026WBIFEME29084Q100EMCOR Group Inc424817.440000346594.561.48%23386603.4368831568.8300000000000.00
06/08/2026WBIFDOXG02602103Amdocs Ltd5,66060.090000340109.401.45%23386603.4368831568.8300000000000.00
06/08/2026WBIFCOF14040H105Capital One Financial Corp1,869180.670000337672.231.44%23386603.4368831568.8300000000000.00
06/08/2026WBIFALAB04626A103Astera Labs Inc1,034317.060000327840.041.40%23386603.4368831568.8300000000000.00
06/08/2026WBIFLNG16411R208Cheniere Energy Inc1,289238.820000307838.981.32%23386603.4368831568.8300000000000.00
06/08/2026WBIFCash&OtherCash&OtherCash & Other307,8081.000000307808.481.32%23386603.4368831568.830000000000Y
06/08/2026WBIFMU595112103Micron Technology Inc327864.010000282531.271.21%23386603.4368831568.8300000000000.00
06/08/2026WBIFMPC56585A102Marathon Petroleum Corp1,041262.010000272752.411.17%23386603.4368831568.8300000000000.00
06/08/2026WBIFTPR876030107Tapestry Inc1,922140.100000269272.201.15%23386603.4368831568.8300000000000.00
06/08/2026WBIFCTAS172908105Cintas Corp1,444179.850000259703.401.11%23386603.4368831568.8300000000000.00
06/08/2026WBIFNBISN97284108Nebius Group NV1,116227.810000254235.961.09%23386603.4368831568.8300000000000.00
06/08/2026WBIFPAYX704326107Paychex Inc2,526100.530000253938.781.09%23386603.4368831568.8300000000000.00
06/08/2026WBIFTMO883556102Thermo Fisher Scientific Inc540472.800000255312.001.09%23386603.4368831568.8300000000000.00
06/08/2026WBIFACNG1151C101Accenture PLC1,419178.250000252936.751.08%23386603.4368831568.8300000000000.00
06/08/2026WBIFMSI620076307Motorola Solutions Inc614410.340000251948.761.08%23386603.4368831568.8300000000000.00
06/08/2026WBIFROP776696106Roper Technologies Inc762332.180000253121.161.08%23386603.4368831568.8300000000000.00
06/08/2026WBIFTELG87052109TE Connectivity PLC1,190212.650000253053.501.08%23386603.4368831568.8300000000000.00
06/08/2026WBIFDDOG23804L103Datadog Inc1,068234.110000250029.481.07%23386603.4368831568.8300000000000.00
06/08/2026WBIFMSFT594918104Microsoft Corp596416.670000248335.321.06%23386603.4368831568.8300000000000.00
06/08/2026WBIFAMD007903107Advanced Micro Devices Inc529466.380000246715.021.05%23386603.4368831568.8300000000000.00
06/08/2026WBIFHIG416515104Hartford Insurance Group Inc/The1,847132.140000244062.581.04%23386603.4368831568.8300000000000.00
06/08/2026WBIFNEE65339F101NextEra Energy Inc2,83285.840000243098.881.04%23386603.4368831568.8300000000000.00
06/08/2026WBIFCRWD22788C105Crowdstrike Holdings Inc360671.020000241567.201.03%23386603.4368831568.8300000000000.00
06/08/2026WBIFSHW824348106Sherwin-Williams Co/The788305.300000240576.401.03%23386603.4368831568.8300000000000.00
06/08/2026WBIFQCOM747525103QUALCOMM Inc1,095215.940000236454.301.01%23386603.4368831568.8300000000000.00
06/08/2026WBIFAWK030420103American Water Works Co Inc1,805124.470000224668.350.96%23386603.4368831568.8300000000000.00
06/08/2026WBIFRGLD780287108Royal Gold Inc1,005206.070000207100.350.89%23386603.4368831568.8300000000000.00
06/08/2026WBIFGL37959E102Globe Life Inc1,177159.180000187354.860.80%23386603.4368831568.8300000000000.00
06/08/2026WBIFMRSH571748102Marsh & McLennan Cos Inc1,129165.440000186781.760.80%23386603.4368831568.8300000000000.00
06/08/2026WBIFAMBAG037AX101Ambarella Inc2,82863.520000179634.560.77%23386603.4368831568.8300000000000.00
06/08/2026WBIFTOL889478103Toll Brothers Inc1,248137.910000172111.680.74%23386603.4368831568.8300000000000.00
06/08/2026WBIFLEVI52736R102Levi Strauss & Co7,55722.530000170259.210.73%23386603.4368831568.8300000000000.00
06/08/2026WBIFSWK854502101Stanley Black & Decker Inc2,09977.650000162987.350.70%23386603.4368831568.8300000000001742.17
06/08/2026WBIFALLEG0176J109Allegion plc1,233130.160000160487.280.69%23386603.4368831568.8300000000000.00
06/08/2026WBIFALSN01973R101Allison Transmission Holdings Inc1,388115.750000160661.000.69%23386603.4368831568.8300000000000.00
06/08/2026WBIFMKC579780206McCormick & Co Inc/MD3,39247.240000160238.080.69%23386603.4368831568.8300000000000.00
06/08/2026WBIFPOOL73278L105Pool Corp873185.520000161958.960.69%23386603.4368831568.8300000000000.00
06/08/2026WBIFSJM832696405J M Smucker Co/The1,528103.540000158209.120.68%23386603.4368831568.8300000000000.00
06/08/2026WBIFAVY053611109Avery Dennison Corp1,009155.180000156576.620.67%23386603.4368831568.8300000000000.00
06/08/2026WBIFLDOS525327102Leidos Holdings Inc1,268124.430000157777.240.67%23386603.4368831568.8300000000000.00
06/08/2026WBIFPNRG7S00T104Pentair PLC2,15773.150000157784.550.67%23386603.4368831568.8300000000000.00
06/08/2026WBIFTTC891092108Toro Co/The1,77187.210000154448.910.66%23386603.4368831568.8300000000000.00
06/08/2026WBIFLW513272104Lamb Weston Holdings Inc3,62842.120000152811.360.65%23386603.4368831568.8300000000000.00
06/08/2026WBIFTSCO892356106Tractor Supply Co4,99329.780000148691.540.64%23386603.4368831568.8300000000000.00
06/08/2026WBIFNFG636180101National Fuel Gas Co1,90977.420000147794.780.63%23386603.4368831568.8300000000000.00
06/08/2026WBIFROST778296103Ross Stores Inc384230.37000088462.080.38%23386603.4368831568.8300000000000.00
Premium/Discount
Download Premium/Discount
Fund Information
As of: 06/05/2026
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$25.06
- $0.42
0.17%
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: 06/05/2026
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,110,183
27.82
$25.07
1,296
0.04%
1.44%
Performance Month End
As of: 05/31/2026
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
3.60%
7.72%
8.63%
19.99%
7.00%
0.81
1.68%
Market
3.60%
7.81%
8.56%
20.25%
7.05%
0.82
1.68%
Performance Quarter End
As of: 03/31/2026
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-3.25
0.84
0.84
5.11
3.61
0.60
1.05
Market
-3.23
0.70
0.70
5.23
3.62
0.59
1.05

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: 5/31/2026
30-Day SEC Yield
0.84%
WBIG Top Holdings
As of: 06/08/2026
Security Name Weightings Shares
Cash & Other
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
Angel Oak High Yield Opportunities ETF
Amphenol Corp
OneMain Holdings Inc
Kimberly-Clark Corp
Smithfield Foods Inc
Prudential Financial Inc
Altria Group Inc
T Rowe Price Group Inc
4.98%
2.74%
2.52%
1.93%
1.90%
1.89%
1.87%
1.86%
1.85%
1.82%
1,384,976
33,458
63,668
3,862
9,571
5,305
19,388
4,949
7,112
4,781
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/08/2026WBIGCash&OtherCash&OtherCash & Other1,384,9761.0000001384976.254.98%27816745.251110183111.020000000000Y
06/08/2026WBIGAGZD97717W380WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund33,45822.762200761577.692.74%27816745.251110183111.0200000000000.00
06/08/2026WBIGAOHY03463K745Angel Oak High Yield Opportunities ETF63,66811.005000700666.342.52%27816745.251110183111.0200000000000.00
06/08/2026WBIGAPH032095101Amphenol Corp3,862138.810000536084.221.93%27816745.251110183111.0200000000000.00
06/08/2026WBIGOMF68268W103OneMain Holdings Inc9,57155.360000529850.561.90%27816745.251110183111.0200000000000.00
06/08/2026WBIGKMB494368103Kimberly-Clark Corp5,30599.040000525407.201.89%27816745.251110183111.0200000000000.00
06/08/2026WBIGSFD832248207Smithfield Foods Inc19,38826.870000520955.561.87%27816745.251110183111.0200000000000.00
06/08/2026WBIGPRU744320102Prudential Financial Inc4,949104.620000517764.381.86%27816745.251110183111.0200000000000.00
06/08/2026WBIGMO02209S103Altria Group Inc7,11272.190000513415.281.85%27816745.251110183111.0200000000000.00
06/08/2026WBIGTROW74144T108T Rowe Price Group Inc4,781105.990000506738.191.82%27816745.251110183111.0200000000000.00
06/08/2026WBIGES30040W108Eversource Energy7,00570.600000494553.001.78%27816745.251110183111.0200000000000.00
06/08/2026WBIGLII526107107Lennox International Inc974508.430000495210.821.78%27816745.251110183111.0200000000000.00
06/08/2026WBIGVZ92343V104Verizon Communications Inc10,89345.370000494215.411.78%27816745.251110183111.0200000000000.00
06/08/2026WBIGSLNZ29287L809TCW Senior Loan ETF10,44845.560000476010.881.71%27816745.251110183111.0200000000000.00
06/08/2026WBIGPIPR724078209Piper Sandler Cos6,18076.670000473820.601.70%27816745.251110183111.0200000000000.00
06/08/2026WBIGBALL058498106Ball Corp8,75652.920000463367.521.67%27816745.251110183111.0200000000000.00
06/08/2026WBIGMCK58155Q103McKesson Corp600775.660000465396.001.67%27816745.251110183111.0200000000000.00
06/08/2026WBIGTAP60871R209Molson Coors Beverage Co11,86239.060000463329.721.67%27816745.251110183111.0200000000000.00
06/08/2026WBIGYUMC98850P109Yum China Holdings Inc10,85942.880000465633.921.67%27816745.251110183111.0200000000000.00
06/08/2026WBIGMKC579780206McCormick & Co Inc/MD9,74247.240000460212.081.65%27816745.251110183111.0200000000000.00
06/08/2026WBIGIBKR45841N107Interactive Brokers Group Inc5,38984.400000454831.601.64%27816745.251110183111.0200000000000.00
06/08/2026WBIGSCCO84265V105Southern Copper Corp2,641172.970000456813.771.64%27816745.251110183111.0200000000000.00
06/08/2026WBIGAXP025816109American Express Co1,431310.660000444554.461.60%27816745.251110183111.0200000000000.00
06/08/2026WBIGBEN354613101Franklin Resources Inc14,08231.330000441189.061.59%27816745.251110183111.0200000000000.00
06/08/2026WBIGFIS31620M106Fidelity National Information Services Inc10,80540.950000442464.751.59%27816745.251110183111.0200000000000.00
06/08/2026WBIGEVSD61774R825Eaton Vance Short Duration Income ETF8,39650.815000426642.741.53%27816745.251110183111.0200000000000.00
06/08/2026WBIGFLRN78468R200State Street SPDR Bloomberg Investment Grade Floating Rate ETF13,54530.760000416644.201.50%27816745.251110183111.0200000000000.00
06/08/2026WBIGARM042068205ARM Holdings PLC1,176342.930000403285.681.45%27816745.251110183111.0200000000000.00
06/08/2026WBIGMRVL573874104MARVELL TECHNOLOGY INC1,472263.470000387827.841.39%27816745.251110183111.0200000000000.00
06/08/2026WBIGAUG0378L100Anglogold Ashanti Plc4,44884.120000374165.761.35%27816745.251110183111.0200000000000.00
06/08/2026WBIGALAB04626A103Astera Labs Inc1,176317.060000372862.561.34%27816745.251110183111.0200000000000.00
06/08/2026WBIGCRWD22788C105Crowdstrike Holdings Inc463671.020000310682.261.12%27816745.251110183111.0200000000000.00
06/08/2026WBIGDDOG23804L103Datadog Inc1,325234.110000310195.751.12%27816745.251110183111.0200000000000.00
06/08/2026WBIGPEP713448108PepsiCo Inc2,110141.920000299451.201.08%27816745.251110183111.0200000000000.00
06/08/2026WBIGMU595112103Micron Technology Inc346864.010000298947.461.07%27816745.251110183111.0200000000000.00
06/08/2026WBIGVOYA929089100Voya Financial Inc3,40086.690000294746.001.06%27816745.251110183111.0200000000000.00
06/08/2026WBIGPRI74164M108Primerica Inc1,097265.840000291626.481.05%27816745.251110183111.0200000000000.00
06/08/2026WBIGAFL001055102Aflac Inc2,437118.240000288150.881.04%27816745.251110183111.0200000000000.00
06/08/2026WBIGGSY46090A887Invesco Ultra Short Duration ETF5,79350.160000290576.881.04%27816745.251110183111.0200000000000.00
06/08/2026WBIGHRL440452100Hormel Foods Corp12,19323.620000287998.661.04%27816745.251110183111.0200000000000.00
06/08/2026WBIGQCOM747525103QUALCOMM Inc1,344215.940000290223.361.04%27816745.251110183111.0200000000000.00
06/08/2026WBIGMLI624756102Mueller Industries Inc2,143132.800000284590.401.02%27816745.251110183111.0200000000000.00
06/08/2026WBIGBBY086516101Best Buy Co Inc3,91171.540000279792.941.01%27816745.251110183111.0200000000000.00
06/08/2026WBIGHRB093671105H&R Block Inc7,37938.090000281066.111.01%27816745.251110183111.0200000000000.00
06/08/2026WBIGAMD007903107Advanced Micro Devices Inc597466.380000278428.861.00%27816745.251110183111.0200000000000.00
06/08/2026WBIGFDX31428X106FedEx Corp839331.000000277709.001.00%27816745.251110183111.0200000000000.00
06/08/2026WBIGNBISN97284108Nebius Group NV1,215227.810000276789.151.00%27816745.251110183111.0200000000000.00
06/08/2026WBIGDINO403949100HF Sinclair Corp3,83871.390000273994.820.98%27816745.251110183111.0200000000000.00
06/08/2026WBIGEME29084Q100EMCOR Group Inc335817.440000273842.400.98%27816745.251110183111.0200000000000.00
06/08/2026WBIGAPA03743Q108APA Corp7,34436.570000268570.080.97%27816745.251110183111.0200000000000.00
06/08/2026WBIGADP053015103Automatic Data Processing Inc1,075231.950000249346.250.90%27816745.251110183111.0200000000000.00
06/08/2026WBIGFTSL33738D309First Trust Senior Loan ETF5,32944.950000239538.550.86%27816745.251110183111.0200000000000.00
06/08/2026WBIGMET59156R108MetLife Inc2,81784.490000238008.330.86%27816745.251110183111.0200000000000.00
06/08/2026WBIGPSX718546104Phillips 661,306183.080000239102.480.86%27816745.251110183111.0200000000000.00
06/08/2026WBIGABT002824100Abbott Laboratories2,61091.070000237692.700.85%27816745.251110183111.0200000000000.00
06/08/2026WBIGCTAS172908105Cintas Corp1,319179.850000237222.150.85%27816745.251110183111.0200000000000.00
06/08/2026WBIGPAYX704326107Paychex Inc2,360100.530000237250.800.85%27816745.251110183111.0200000000000.00
06/08/2026WBIGPFG74251V102Principal Financial Group Inc2,234105.220000235061.480.85%27816745.251110183111.0200000000000.00
06/08/2026WBIGTPR876030107Tapestry Inc1,684140.100000235928.400.85%27816745.251110183111.0200000000000.00
06/08/2026WBIGNEAR46431W507iShares Short Duration Bond Active ETF4,60150.490000232304.490.84%27816745.251110183111.0200000000000.00
06/08/2026WBIGBDX075887109Becton Dickinson & Co1,518151.160000229460.880.82%27816745.251110183111.0200000000000.00
06/08/2026WBIGDRI237194105Darden Restaurants Inc1,156198.120000229026.720.82%27816745.251110183111.0200000000000.00
06/08/2026WBIGEOG26875P101EOG Resources Inc1,653137.780000227750.340.82%27816745.251110183111.0200000000000.00
06/08/2026WBIGMSI620076307Motorola Solutions Inc555410.340000227738.700.82%27816745.251110183111.0200000000000.00
06/08/2026WBIGROP776696106Roper Technologies Inc688332.180000228539.840.82%27816745.251110183111.0200000000000.00
06/08/2026WBIGMSFT594918104Microsoft Corp535416.670000222918.450.80%27816745.251110183111.0200000000000.00
06/08/2026WBIGTMO883556102Thermo Fisher Scientific Inc463472.800000218906.400.79%27816745.251110183111.0200000000000.00
06/08/2026WBIGCVS126650100CVS Health Corp2,27495.930000218144.820.78%27816745.251110183111.0200000000000.00
06/08/2026WBIGDOXG02602103Amdocs Ltd3,60960.090000216864.810.78%27816745.251110183111.0200000000000.00
06/08/2026WBIGHIG416515104Hartford Insurance Group Inc/The1,640132.140000216709.600.78%27816745.251110183111.0200000000000.00
06/08/2026WBIGTELG87052109TE Connectivity PLC1,006212.650000213925.900.77%27816745.251110183111.0200000000000.00
06/08/2026WBIGAMBAG037AX101Ambarella Inc3,31863.520000210759.360.76%27816745.251110183111.0200000000000.00
06/08/2026WBIGVTRS92556V106Viatris Inc12,95015.880000205646.000.74%27816745.251110183111.0200000000000.00
06/08/2026WBIGSHW824348106Sherwin-Williams Co/The666305.300000203329.800.73%27816745.251110183111.0200000000000.00
06/08/2026WBIGAWK030420103American Water Works Co Inc1,547124.470000192555.090.69%27816745.251110183111.0200000000000.00
06/08/2026WBIGCOF14040H105Capital One Financial Corp1,003180.670000181212.010.65%27816745.251110183111.0200000000000.00
06/08/2026WBIGRGLD780287108Royal Gold Inc825206.070000170007.750.61%27816745.251110183111.0200000000000.00
06/08/2026WBIGMRSH571748102Marsh & McLennan Cos Inc1,012165.440000167425.280.60%27816745.251110183111.0200000000000.00
06/08/2026WBIGPGR743315103Progressive Corp/The558204.020000113843.160.41%27816745.251110183111.0200000000000.00
06/08/2026WBIGEFX294429105Equifax Inc626172.130000107753.380.39%27816745.251110183111.0200000000000.00
06/08/2026WBIGROST778296103Ross Stores Inc460230.370000105970.200.38%27816745.251110183111.0200000000000.00
Premium/Discount
Download Premium/Discount
Fund Information
As of: 06/05/2026
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$38.89
- $1.67
0.27%
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: 06/05/2026
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
777,182
30.22
$38.89
312
0.01%
1.65%
Performance Month End
As of: 05/31/2026
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
9.98%
17.76%
13.81%
27.31%
12.57%
5.82
4.61%
Market
9.89%
17.87%
13.80%
27.47%
12.56%
5.80
4.61%
Performance Quarter End
As of: 03/31/2026
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-7.52
-3.36
-3.36
5.95
6.59
3.79
3.21
Market
-7.61
-3.45
-3.45
5.84
6.65
3.74
3.20

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: 5/31/2026
30-Day SEC Yield
-0.68%
WBIL Top Holdings
As of: 06/08/2026
Security Name Weightings Shares
Cash & Other
ARM Holdings PLC
MARVELL TECHNOLOGY INC
Astera Labs Inc
Advanced Micro Devices Inc
Seagate Technology Holdings PLC
Citigroup Inc
Monster Beverage Corp
Marriott International Inc/MD
PACCAR Inc
3.14%
3.07%
2.79%
2.55%
2.33%
2.25%
2.14%
2.14%
2.13%
2.13%
949,767
2,707
3,200
2,433
1,508
804
4,880
7,206
1,641
5,521
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/08/2026WBILCash&OtherCash&OtherCash & Other949,7671.000000949766.563.14%30221343.8277718277.720000000000Y
06/08/2026WBILARM042068205ARM Holdings PLC2,707342.930000928311.513.07%30221343.8277718277.7200000000000.00
06/08/2026WBILMRVL573874104MARVELL TECHNOLOGY INC3,200263.470000843104.002.79%30221343.8277718277.7200000000000.00
06/08/2026WBILALAB04626A103Astera Labs Inc2,433317.060000771406.982.55%30221343.8277718277.7200000000000.00
06/08/2026WBILAMD007903107Advanced Micro Devices Inc1,508466.380000703301.042.33%30221343.8277718277.7200000000000.00
06/08/2026WBILSTXG7997R103Seagate Technology Holdings PLC804847.470000681365.882.25%30221343.8277718277.7200000000000.00
06/08/2026WBILC172967424Citigroup Inc4,880132.470000646453.602.14%30221343.8277718277.7200000000000.00
06/08/2026WBILMNST61174X109Monster Beverage Corp7,20689.550000645297.302.14%30221343.8277718277.7200000000000.00
06/08/2026WBILMAR571903202Marriott International Inc/MD1,641392.510000644108.912.13%30221343.8277718277.7200000000000.00
06/08/2026WBILPCAR693718108PACCAR Inc5,521116.680000644190.282.13%30221343.8277718277.7200000000000.00
06/08/2026WBILTEAM049468101Atlassian Corp6,47299.470000643769.842.13%30221343.8277718277.7200000000000.00
06/08/2026WBILCRWD22788C105Crowdstrike Holdings Inc953671.020000639482.062.12%30221343.8277718277.7200000000000.00
06/08/2026WBILADP053015103Automatic Data Processing Inc2,750231.950000637862.502.11%30221343.8277718277.7200000000000.00
06/08/2026WBILDDOG23804L103Datadog Inc2,721234.110000637013.312.11%30221343.8277718277.7200000000000.00
06/08/2026WBILSTLD858119100Steel Dynamics Inc2,370268.500000636345.002.11%30221343.8277718277.7200000000000.00
06/08/2026WBILLLY532457108Eli Lilly & Co5601131.420000633595.202.10%30221343.8277718277.7200000000000.00
06/08/2026WBILMDB60937P106MongoDB Inc1,813350.740000635891.622.10%30221343.8277718277.7200000000000.00
06/08/2026WBILMS617446448Morgan Stanley2,985211.930000632611.052.09%30221343.8277718277.7200000000000.00
06/08/2026WBILXPO983793100XPO Inc2,887218.940000632079.782.09%30221343.8277718277.7200000000000.00
06/08/2026WBILCAT149123101Caterpillar Inc690904.280000623953.202.06%30221343.8277718277.7200000000000.00
06/08/2026WBILROK773903109Rockwell Automation Inc1,367446.710000610652.572.02%30221343.8277718277.7200000000000.00
06/08/2026WBILFIX199908104Comfort Systems USA Inc3221843.940000593748.681.96%30221343.8277718277.7200000000000.00
06/08/2026WBILNBISN97284108Nebius Group NV2,573227.810000586155.131.94%30221343.8277718277.7200000000000.00
06/08/2026WBILNEM651639106Newmont Corp5,87699.710000585895.961.94%30221343.8277718277.7200000000000.00
06/08/2026WBILINTC458140100Intel Corp5,88199.170000583218.771.93%30221343.8277718277.7200000000000.00
06/08/2026WBILCIEN171779309Ciena Corp1,155488.210000563882.551.87%30221343.8277718277.7200000000000.00
06/08/2026WBILHEI422806109HEICO Corp1,650331.430000546859.501.81%30221343.8277718277.7200000000000.00
06/08/2026WBILVIAV925550105Viavi Solutions Inc11,00747.560000523492.921.73%30221343.8277718277.7200000000000.00
06/08/2026WBILEW28176E108Edwards Lifesciences Corp5,56085.960000477937.601.58%30221343.8277718277.7200000000000.00
06/08/2026WBILTPR876030107Tapestry Inc3,371140.100000472277.101.56%30221343.8277718277.7200000000000.00
06/08/2026WBILEXPE30212P303Expedia Group Inc2,003228.880000458446.641.52%30221343.8277718277.7200000000000.00
06/08/2026WBILAAPL037833100Apple Inc1,454307.340000446872.361.48%30221343.8277718277.7200000000000.00
06/08/2026WBILAMBAG037AX101Ambarella Inc6,97563.520000443052.001.47%30221343.8277718277.7200000000000.00
06/08/2026WBILSCHW808513105Charles Schwab Corp/The4,79788.840000426165.481.41%30221343.8277718277.7200000000000.00
06/08/2026WBILBMY110122108Bristol-Myers Squibb Co7,24957.270000415150.231.37%30221343.8277718277.7200000000000.00
06/08/2026WBILSLB806857108SLB Ltd7,46354.870000409494.811.35%30221343.8277718277.7200000000000.00
06/08/2026WBILFOX35137L204Fox Corp6,70159.880000401255.881.33%30221343.8277718277.7200000000000.00
06/08/2026WBILCSCO17275R102Cisco Systems Inc3,281121.640000399100.841.32%30221343.8277718277.7200000000000.00
06/08/2026WBILLMT539830109Lockheed Martin Corp752523.760000393867.521.30%30221343.8277718277.7200000000000.00
06/08/2026WBILEBAY278642103eBay Inc3,560109.350000389286.001.29%30221343.8277718277.7200000000000.00
06/08/2026WBILROST778296103Ross Stores Inc1,690230.370000389325.301.29%30221343.8277718277.7200000000000.00
06/08/2026WBILLVS517834107Las Vegas Sands Corp7,57950.250000380844.751.26%30221343.8277718277.7200000000000.00
06/08/2026WBILMPWR609839105Monolithic Power Systems Inc2501481.050000370262.501.23%30221343.8277718277.7200000000000.00
06/08/2026WBILCI125523100Cigna Group/The1,261289.480000365034.281.21%30221343.8277718277.7200000000000.00
06/08/2026WBILAVGO11135F101Broadcom Inc913385.730000352171.491.17%30221343.8277718277.7200000000000.00
06/08/2026WBILKO191216100Coca-Cola Co/The4,44879.480000353527.041.17%30221343.8277718277.7200000000000.00
06/08/2026WBILHWM443201108Howmet Aerospace Inc1,383251.900000348377.701.15%30221343.8277718277.7200000000000.00
06/08/2026WBILIBKR45841N107Interactive Brokers Group Inc4,13284.400000348740.801.15%30221343.8277718277.7200000000000.00
06/08/2026WBILFANG25278X109Diamondback Energy Inc1,767192.620000340359.541.13%30221343.8277718277.7200000000000.00
06/08/2026WBILNFLX64110L106Netflix Inc4,13182.180000339485.581.12%30221343.8277718277.7200000000000.00
06/08/2026WBILCMI231021106Cummins Inc517651.220000336680.741.11%30221343.8277718277.7200000000000.00
06/08/2026WBILPAYX704326107Paychex Inc3,124100.530000314055.721.04%30221343.8277718277.7200000000000.00
06/08/2026WBILGD369550108General Dynamics Corp855346.440000296206.200.98%30221343.8277718277.7200000000000.00
06/08/2026WBILODFL679580100Old Dominion Freight Line Inc933242.570000226317.810.75%30221343.8277718277.7200000000000.00
06/08/2026WBILAMGN031162100Amgen Inc582349.580000203455.560.67%30221343.8277718277.7200000000000.00
06/08/2026WBILIDXX45168D104IDEXX Laboratories Inc359562.160000201815.440.67%30221343.8277718277.7200000000000.00
06/08/2026WBILTJX872540109TJX Cos Inc/The1,267160.710000203619.570.67%30221343.8277718277.7200000000000.00
06/08/2026WBILSYY871829107Sysco Corp2,61476.290000199422.060.66%30221343.8277718277.7200000000000.00
06/08/2026WBILPH701094104Parker-Hannifin Corp221882.340000194997.140.65%30221343.8277718277.7200000000000.00
06/08/2026WBILGILD375558103Gilead Sciences Inc1,465129.160000189219.400.63%30221343.8277718277.7200000000000.00
06/08/2026WBILUNP907818108Union Pacific Corp701272.320000190896.320.63%30221343.8277718277.7200000000000.00
06/08/2026WBILWM94106L109Waste Management Inc863220.400000190205.200.63%30221343.8277718277.7200000000000.00
06/08/2026WBILHSY427866108Hershey Co/The1,014184.580000187164.120.62%30221343.8277718277.7200000000000.00
06/08/2026WBILPEP713448108PepsiCo Inc1,273141.920000180664.160.60%30221343.8277718277.7200000000000.00
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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.