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: 11/29/2024
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$32.44
$0.06
0.37%
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: 11/29/2024
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,050,000
66.50
$32.44
4,821
-0.01%
1.00%
Performance Month End
As of: 11/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 12/19/2016
NAV
5.76%
3.43%
16.52%
26.36%
12.46%
10.05
8.57%
Market
5.40%
3.43%
16.56%
26.46%
12.41%
10.05
8.57%
Performance Quarter End
As of: 09/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 12/19/2016
NAV
2.75
9.44
12.66
28.86
10.48
10.38
8.30
Market
2.79
9.50
12.69
28.90
10.44
10.41
8.29

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: 6/30/2024
30-Day SEC Yield  
5.05%
 

WBIY Top Holdings
As of: 12/03/2024
Security Name Weightings Shares
Altria Group Inc
Kinder Morgan Inc
Verizon Communications Inc
Ford Motor Co
AT&T Inc
United Parcel Service Inc
Dominion Energy Inc
CONAGRA BRANDS INC
LyondellBasell Industries NV
Franklin Resources Inc
5.58%
5.25%
4.86%
4.81%
4.70%
4.70%
4.56%
4.36%
4.35%
3.52%
64,505
126,660
73,365
289,838
136,984
23,215
52,622
103,716
35,030
103,169
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/03/2024WBIYMO02209S103Altria Group Inc64,50557.1800003688395.905.58%66138125.00205000041.0000000000000.00
12/03/2024WBIYKMI49456B101Kinder Morgan Inc126,66027.4400003475550.405.25%66138125.00205000041.0000000000000.00
12/03/2024WBIYVZ92343V104Verizon Communications Inc73,36543.8500003217055.254.86%66138125.00205000041.0000000000000.00
12/03/2024WBIYF345370860Ford Motor Co289,83810.9800003182421.244.81%66138125.00205000041.0000000000000.00
12/03/2024WBIYT00206R102AT&T Inc136,98422.7000003109536.804.70%66138125.00205000041.0000000000000.00
12/03/2024WBIYUPS911312106United Parcel Service Inc23,215134.0200003111274.304.70%66138125.00205000041.0000000000000.00
12/03/2024WBIYD25746U109Dominion Energy Inc52,62257.3400003017345.484.56%66138125.00205000041.0000000000000.00
12/03/2024WBIYCAG205887102CONAGRA BRANDS INC103,71627.8200002885379.124.36%66138125.00205000041.0000000000000.00
12/03/2024WBIYLYBN53745100LyondellBasell Industries NV35,03082.0500002874211.504.35%66138125.00205000041.0000000000000.00
12/03/2024WBIYBEN354613101Franklin Resources Inc103,16922.5900002330587.713.52%66138125.00205000041.0000000000000.00
12/03/2024WBIYKSS500255104Kohl's Corp143,68015.4300002216982.403.35%66138125.00205000041.0000000000000.00
12/03/2024WBIYM55616P104Macy's Inc127,72616.9300002162401.183.27%66138125.00205000041.0000000000000.00
12/03/2024WBIYDINO403949100HF Sinclair Corp48,40741.5700002012278.993.04%66138125.00205000041.0000000000000.00
12/03/2024WBIYWHR963320106Whirlpool Corp17,146110.7500001898919.502.87%66138125.00205000041.0000000000000.00
12/03/2024WBIYNEG65431127Noble Corp PLC50,91533.8700001724491.052.61%66138125.00205000041.0000000000000.00
12/03/2024WBIYCVX166764100Chevron Corp9,816162.2100001592253.362.41%66138125.00205000041.0000000000000.00
12/03/2024WBIYCRI146229109Carter's Inc23,62656.8500001343138.102.03%66138125.00205000041.0000000000000.00
12/03/2024WBIYOMF68268W103OneMain Holdings Inc22,12557.1000001263337.501.91%66138125.00205000041.0000000000000.00
12/03/2024WBIYVLY919794107Valley National Bancorp117,91110.5500001243961.051.88%66138125.00205000041.0000000000000.00
12/03/2024WBIYCash&OtherCash&OtherCash & Other1,160,1501.0000001160150.161.75%66138125.00205000041.000000000000Y
12/03/2024WBIYCOLB197236102Columbia Banking System Inc37,35830.8700001153241.461.74%66138125.00205000041.0000000000000.00
12/03/2024WBIYRF7591EP100Regions Financial Corp42,43826.5300001125880.141.70%66138125.00205000041.0000000000000.00
12/03/2024WBIYCNHN20944109CNH Industrial NV90,51112.3700001119621.071.69%66138125.00205000041.0000000000000.00
12/03/2024WBIYHBAN446150104Huntington Bancshares Inc/OH63,01017.7800001120317.801.69%66138125.00205000041.0000000000000.00
12/03/2024WBIYUGI902681105UGI Corp38,06628.7700001095158.821.66%66138125.00205000041.0000000000000.00
12/03/2024WBIYCFG174610105Citizens Financial Group Inc22,61547.0800001064714.201.61%66138125.00205000041.0000000000000.00
12/03/2024WBIYPRU744320102Prudential Financial Inc7,908128.4100001015466.281.54%66138125.00205000041.0000000000000.00
12/03/2024WBIYIPG460690100Interpublic Group of Cos Inc/The31,54030.120000949984.801.44%66138125.00205000041.0000000000000.00
12/03/2024WBIYWU959802109Western Union Co/The85,84311.090000951998.871.44%66138125.00205000041.0000000000000.00
12/03/2024WBIYCVS126650100CVS Health Corp15,06659.080000890099.281.35%66138125.00205000041.0000000000000.00
12/03/2024WBIYTNL894164102Travel + Leisure Co13,28455.350000735269.401.11%66138125.00205000041.0000000000000.00
12/03/2024WBIYFULT360271100Fulton Financial Corp33,76221.470000724870.141.10%66138125.00205000041.0000000000000.00
12/03/2024WBIYHESM428103105Hess Midstream LP18,30936.970000676883.731.02%66138125.00205000041.0000000000000.00
12/03/2024WBIYMAN56418H100ManpowerGroup Inc9,37563.200000592500.000.90%66138125.00205000041.0000000000000.00
12/03/2024WBIYBKH092113109Black Hills Corp8,34462.810000524086.640.79%66138125.00205000041.0000000000000.00
12/03/2024WBIYKNTK02215L209Kinetik Holdings Inc8,78057.180000502040.400.76%66138125.00205000041.0000000000000.00
12/03/2024WBIYPINC74051N102Premier Inc21,39822.830000488516.340.74%66138125.00205000041.0000000000000.00
12/03/2024WBIYCWEN18539C204Clearway Energy Inc16,71029.080000485926.800.73%66138125.00205000041.0000000000000.00
12/03/2024WBIYDIN254423106Dine Brands Global Inc13,14635.410000465499.860.70%66138125.00205000041.0000000000000.00
12/03/2024WBIYAPAM04316A108Artisan Partners Asset Management Inc8,54049.100000419314.000.63%66138125.00205000041.0000000000000.00
12/03/2024WBIYFIBK32055Y201First Interstate BancSystem Inc11,64534.910000406526.950.61%66138125.00205000041.0000000000000.00
12/03/2024WBIYGES401617105Guess? Inc19,95817.300000345273.400.52%66138125.00205000041.0000000000000.00
12/03/2024WBIYEMBC29082K105Embecta Corp11,95720.620000246553.340.37%66138125.00205000041.0000000000000.00
12/03/2024WBIYWSBC950810101WesBanco Inc6,50235.280000229390.560.35%66138125.00205000041.0000000000000.00
12/03/2024WBIYHOPE43940T109Hope Bancorp Inc15,90113.700000217843.700.33%66138125.00205000041.0000000000000.00
12/03/2024WBIYGSLY27183600Global Ship Lease Inc8,88921.950000195113.550.30%66138125.00205000041.0000000000000.00
12/03/2024WBIYBRKL11373M107Brookline Bancorp Inc14,93412.640000188765.760.29%66138125.00205000041.0000000000000.00
12/03/2024WBIYMETC75134P600Ramaco Resources Inc15,00212.180000182724.360.28%66138125.00205000041.0000000000000.00
12/03/2024WBIYVRTS92828Q109Virtus Investment Partners Inc752248.470000186849.440.28%66138125.00205000041.0000000000000.00
12/03/2024WBIYOCFC675234108OceanFirst Financial Corp8,32620.610000171598.860.26%66138125.00205000041.0000000000000.00
12/03/2024WBIYKALU483007704Kaiser Aluminum Corp1,86183.220000154872.420.23%66138125.00205000041.0000000000000.00
Premium/Discount
Download Premium/Discount

Fund Information
As of: 11/29/2024
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$30.69
$0.05
0.53%
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: 11/29/2024
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,088,315
33.40
$30.67
3,928
-0.07%
1.64%
Performance Month End
As of: 11/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
6.35%
4.98%
11.57%
14.70%
2.56%
3.47
3.02%
Market
6.32%
5.18%
11.67%
15.02%
2.60%
3.46
3.02%
Performance Quarter End
As of: 09/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-0.24
0.98
6.28
10.72
0.68
2.91
2.57
Market
-0.20
0.89
6.18
10.60
0.58
2.86
2.56

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: 6/30/2024
30-Day SEC Yield
1.19%
WBIF Top Holdings
As of: 12/03/2024
Security Name Weightings Shares
Comfort Systems USA Inc
Cigna Group/The
Penske Automotive Group Inc
KB Home
Interactive Brokers Group Inc
Voya Financial Inc
Boyd Gaming Corp
Universal Health Services Inc
Prudential Financial Inc
CMS Energy Corp
3.42%
3.26%
3.21%
3.19%
3.16%
3.16%
3.12%
3.09%
3.03%
2.99%
2,328
3,223
6,401
12,780
5,674
12,723
13,855
5,137
7,877
14,577
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/03/2024WBIFFIX199908104Comfort Systems USA Inc2,328489.5300001139625.843.42%33355113.45108831521.7700000000000.00
12/03/2024WBIFCI125523100Cigna Group/The3,223337.0600001086344.383.26%33355113.45108831521.7700000000000.00
12/03/2024WBIFPAG70959W103Penske Automotive Group Inc6,401167.4600001071911.463.21%33355113.45108831521.7700000000000.00
12/03/2024WBIFKBH48666K109KB Home12,78083.1300001062401.403.19%33355113.45108831521.7700000000000.00
12/03/2024WBIFIBKR45841N107Interactive Brokers Group Inc5,674185.6800001053548.323.16%33355113.45108831521.7700000000000.00
12/03/2024WBIFVOYA929089100Voya Financial Inc12,72382.9500001055372.853.16%33355113.45108831521.7700000000000.00
12/03/2024WBIFBYD103304101Boyd Gaming Corp13,85575.0500001039817.753.12%33355113.45108831521.7700000000000.00
12/03/2024WBIFUHS913903100Universal Health Services Inc5,137200.8600001031817.823.09%33355113.45108831521.7700000000001027.40
12/03/2024WBIFPRU744320102Prudential Financial Inc7,877128.4100001011485.573.03%33355113.45108831521.7700000000000.00
12/03/2024WBIFCMS125896100CMS Energy Corp14,57768.400000997066.802.99%33355113.45108831521.7700000000000.00
12/03/2024WBIFPHM745867101PulteGroup Inc7,334135.140000991116.762.97%33355113.45108831521.7700000000000.00
12/03/2024WBIFWRB084423102W R Berkley Corp15,56463.650000990648.602.97%33355113.45108831521.7700000000000.00
12/03/2024WBIFNXST65336K103Nexstar Media Group Inc5,590173.160000967964.402.90%33355113.45108831521.7700000000000.00
12/03/2024WBIFMAR571903202Marriott International Inc/MD3,354286.240000960048.962.88%33355113.45108831521.7700000000000.00
12/03/2024WBIFLRCX512807306Lam Research Corp6,54878.510000514083.481.54%33355113.45108831521.7700000000000.00
12/03/2024WBIFAMAT038222105Applied Materials Inc2,742183.265000502512.631.51%33355113.45108831521.7700000000000.00
12/03/2024WBIFAXP025816109American Express Co1,614302.260000487847.641.46%33355113.45108831521.7700000000000.00
12/03/2024WBIFRMD761152107ResMed Inc1,966244.920000481512.721.44%33355113.45108831521.7700000000000.00
12/03/2024WBIFAME031100100AMETEK Inc2,445195.560000478144.201.43%33355113.45108831521.7700000000000.00
12/03/2024WBIFLEN526057104Lennar Corp2,741173.470000475481.271.43%33355113.45108831521.7700000000000.00
12/03/2024WBIFACNG1151C101Accenture PLC1,310361.380000473407.801.42%33355113.45108831521.7700000000000.00
12/03/2024WBIFDKS253393102Dick's Sporting Goods Inc2,205215.360000474868.801.42%33355113.45108831521.7700000000000.00
12/03/2024WBIFCSL142339100Carlisle Cos Inc1,039453.280000470957.921.41%33355113.45108831521.7700000000000.00
12/03/2024WBIFMCK58155Q103McKesson Corp751621.290000466588.791.40%33355113.45108831521.7700000000000.00
12/03/2024WBIFMCD580135101McDonald's Corp1,582292.440000462640.081.39%33355113.45108831521.7700000000000.00
12/03/2024WBIFSTZ21036P108Constellation Brands Inc1,949237.760000463394.241.39%33355113.45108831521.7700000000000.00
12/03/2024WBIFTSN902494103Tyson Foods Inc7,15164.340000460095.341.38%33355113.45108831521.7700000000000.00
12/03/2024WBIFCF125269100CF Industries Holdings Inc5,02090.960000456619.201.37%33355113.45108831521.7700000000000.00
12/03/2024WBIFKLAC482480100KLA CORP678666.030000451568.341.35%33355113.45108831521.7700000000000.00
12/03/2024WBIFPRI74164M108Primerica Inc1,464301.120000440839.681.32%33355113.45108831521.7700000000000.00
12/03/2024WBIFCASY147528103Casey's General Stores Inc1,035421.080000435817.801.31%33355113.45108831521.7700000000000.00
12/03/2024WBIFSNX87162W100TD SYNNEX Corp3,565122.110000435322.151.31%33355113.45108831521.7700000000000.00
12/03/2024WBIFADP053015103Automatic Data Processing Inc1,414306.030000432726.421.30%33355113.45108831521.7700000000000.00
12/03/2024WBIFHIG416515104Hartford Financial Services Group Inc/The3,568121.220000432512.961.30%33355113.45108831521.7700000000000.00
12/03/2024WBIFMTG552848103MGIC Investment Corp16,63526.030000433009.051.30%33355113.45108831521.7700000000000.00
12/03/2024WBIFV92826C839Visa Inc1,360316.650000430644.001.29%33355113.45108831521.7700000000000.00
12/03/2024WBIFGG3922B107Genpact Ltd9,25246.290000428275.081.28%33355113.45108831521.7700000000000.00
12/03/2024WBIFPAYX704326107Paychex Inc2,944145.450000428204.801.28%33355113.45108831521.7700000000000.00
12/03/2024WBIFR783549108Ryder System Inc2,392170.030000406711.761.22%33355113.45108831521.7700000000000.00
12/03/2024WBIFYUMC98850P109Yum China Holdings Inc8,66846.610000404015.481.21%33355113.45108831521.7700000000000.00
12/03/2024WBIFOSK688239201Oshkosh Corp3,542112.130000397164.461.19%33355113.45108831521.7700000000000.00
12/03/2024WBIFTXRH882681109Texas Roadhouse Inc1,963198.200000389066.601.17%33355113.45108831521.7700000000000.00
12/03/2024WBIFTFX879369106Teleflex Inc1,995194.310000387648.451.16%33355113.45108831521.7700000000000.00
12/03/2024WBIFNEU651587107NewMarket Corp706542.190000382786.141.15%33355113.45108831521.7700000000000.00
12/03/2024WBIFCash&OtherCash&OtherCash & Other330,9071.000000330907.430.99%33355113.45108831521.770000000000Y
12/03/2024WBIFAGZD97717W380WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund10,80722.440000242509.080.73%33355113.45108831521.7700000000000.00
12/03/2024WBIFFALN46435G474iShares Fallen Angels USD Bond ETF8,94927.170000243144.330.73%33355113.45108831521.7700000000000.00
12/03/2024WBIFFLTR92189F486VanEck IG Floating Rate ETF9,62225.430000244687.460.73%33355113.45108831521.7700000000000.00
12/03/2024WBIFFTSL33738D309First Trust Senior Loan ETF4,81546.330000223078.950.67%33355113.45108831521.7700000000000.00
12/03/2024WBIFJPLD46654Q773JPMorgan Limited Duration Bond ETF4,32951.620000223462.980.67%33355113.45108831521.7700000000000.00
12/03/2024WBIFDCI257651109Donaldson Co Inc2,38078.070000185806.600.56%33355113.45108831521.7700000000000.00
12/03/2024WBIFTOL889478103Toll Brothers Inc1,141163.910000187021.310.56%33355113.45108831521.7700000000000.00
12/03/2024WBIFCWEN/A18539C105Clearway Energy Inc6,66227.330000182072.460.55%33355113.45108831521.7700000000000.00
12/03/2024WBIFKBR48242W106KBR Inc2,98061.070000181988.600.55%33355113.45108831521.7700000000000.00
12/03/2024WBIFTTC891092108Toro Co/The2,13486.500000184591.000.55%33355113.45108831521.7700000000000.00
12/03/2024WBIFAVY053611109Avery Dennison Corp880206.140000181403.200.54%33355113.45108831521.7700000000000.00
12/03/2024WBIFDRI237194105Darden Restaurants Inc1,048172.000000180256.000.54%33355113.45108831521.7700000000000.00
12/03/2024WBIFEGG3223R108Everest Group Ltd470383.730000180353.100.54%33355113.45108831521.7700000000000.00
12/03/2024WBIFFNF31620R303Fidelity National Financial Inc2,86463.030000180517.920.54%33355113.45108831521.7700000000000.00
12/03/2024WBIFGPC372460105Genuine Parts Co1,403127.530000178924.590.54%33355113.45108831521.7700000000000.00
12/03/2024WBIFGPI398905109Group 1 Automotive Inc421427.810000180108.010.54%33355113.45108831521.7700000000000.00
12/03/2024WBIFOC690742101Owens Corning892203.360000181397.120.54%33355113.45108831521.7700000000000.00
12/03/2024WBIFSCI817565104Service Corp International/US2,02788.140000178659.780.54%33355113.45108831521.7700000000000.00
12/03/2024WBIFALSN01973R101Allison Transmission Holdings Inc1,506116.750000175825.500.53%33355113.45108831521.7700000000000.00
12/03/2024WBIFCBT127055101Cabot Corp1,587112.420000178410.540.53%33355113.45108831521.7700000000000.00
12/03/2024WBIFDOXG02602103Amdocs Ltd2,01787.690000176870.730.53%33355113.45108831521.7700000000000.00
12/03/2024WBIFFLS34354P105Flowserve Corp2,92560.860000178015.500.53%33355113.45108831521.7700000000000.00
12/03/2024WBIFGL37959E102Globe Life Inc1,617110.040000177934.680.53%33355113.45108831521.7700000000000.00
12/03/2024WBIFNFG636180101National Fuel Gas Co2,79562.760000175414.200.53%33355113.45108831521.7700000000000.00
12/03/2024WBIFSTIP46429B747iShares 0-5 Year TIPS Bond ETF1,723100.850000173764.550.52%33355113.45108831521.7700000000000.00
12/03/2024WBIFALLEG0176J109Allegion plc1,216140.400000170726.400.51%33355113.45108831521.7700000000000.00
12/03/2024WBIFVTIP922020805Vanguard Short-Term Inflation-Protected Securities ETF2,70449.000000132496.000.40%33355113.45108831521.7700000000000.00
12/03/2024WBIFBKLN46138G508Invesco Senior Loan ETF4,85921.130000102670.670.31%33355113.45108831521.7700000000000.00
Premium/Discount
Download Premium/Discount
Fund Information
As of: 11/29/2024
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$25.59
$0.10
0.28%
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: 11/29/2024
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,680,183
43.00
$25.57
5,731
-0.11%
1.44%
Performance Month End
As of: 11/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
5.37%
3.92%
12.21%
17.50%
1.86%
2.99
1.77%
Market
5.46%
4.11%
12.69%
18.12%
1.93%
3.01
1.77%
Performance Quarter End
As of: 09/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
1.69
3.63
7.98
14.05
0.71
2.53
1.41
Market
1.73
3.53
8.24
13.90
0.61
2.50
1.39

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: 6/30/2024
30-Day SEC Yield
2.05%
WBIG Top Holdings
As of: 12/03/2024
Security Name Weightings Shares
ProShares S&P 500 High Income ETF
REX FANG & Innovation Equity Premium Income ETF
JPMorgan Nasdaq Equity Premium Income ETF
Cash & Other
FMC Corp
UGI Corp
Verizon Communications Inc
Interpublic Group of Cos Inc/The
Pfizer Inc
Kraft Heinz Co/The
3.96%
3.89%
3.69%
3.40%
3.06%
2.69%
2.37%
2.36%
2.36%
2.33%
35,968
31,222
26,903
1,412,195
21,442
38,878
22,490
32,608
37,986
30,582
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/03/2024WBIGISPY74347G242ProShares S&P 500 High Income ETF35,96845.7400001645176.323.96%41567873.30163018332.6000000000000.00
12/03/2024WBIGFEPI26923N744REX FANG & Innovation Equity Premium Income ETF31,22251.8000001617299.603.89%41567873.30163018332.6000000000000.00
12/03/2024WBIGJEPQ46654Q203JPMorgan Nasdaq Equity Premium Income ETF26,90356.9700001532663.913.69%41567873.30163018332.6000000000000.00
12/03/2024WBIGCash&OtherCash&OtherCash & Other1,412,1951.0000001412195.233.40%41567873.30163018332.600000000000Y
12/03/2024WBIGFMC302491303FMC Corp21,44259.3800001273225.963.06%41567873.30163018332.6000000000000.00
12/03/2024WBIGUGI902681105UGI Corp38,87828.7700001118520.062.69%41567873.30163018332.6000000000000.00
12/03/2024WBIGVZ92343V104Verizon Communications Inc22,49043.850000986186.502.37%41567873.30163018332.6000000000000.00
12/03/2024WBIGIPG460690100Interpublic Group of Cos Inc/The32,60830.120000982152.962.36%41567873.30163018332.6000000000000.00
12/03/2024WBIGPFE717081103Pfizer Inc37,98625.820000980798.522.36%41567873.30163018332.6000000000000.00
12/03/2024WBIGKHC500754106Kraft Heinz Co/The30,58231.610000966697.022.33%41567873.30163018332.6000000000000.00
12/03/2024WBIGNXST65336K103Nexstar Media Group Inc5,510173.160000954111.602.30%41567873.30163018332.6000000000000.00
12/03/2024WBIGUPS911312106United Parcel Service Inc7,032134.020000942428.642.27%41567873.30163018332.6000000000000.00
12/03/2024WBIGTROW74144T108T Rowe Price Group Inc7,564123.640000935212.962.25%41567873.30163018332.6000000000000.00
12/03/2024WBIGF345370860Ford Motor Co84,76110.980000930675.782.24%41567873.30163018332.6000000000000.00
12/03/2024WBIGBBY086516101Best Buy Co Inc10,08390.930000916847.192.21%41567873.30163018332.6000000000000.00
12/03/2024WBIGGIS370334104General Mills Inc13,43267.010000900078.322.17%41567873.30163018332.6000000000000.00
12/03/2024WBIGPM718172109Philip Morris International Inc6,813131.020000892639.262.15%41567873.30163018332.6000000000000.00
12/03/2024WBIGKMB494368103Kimberly-Clark Corp6,210139.560000866667.602.08%41567873.30163018332.6000000000000.00
12/03/2024WBIGPR71424F105Permian Resources Corp55,71315.280000851294.642.05%41567873.30163018332.6000000000000.00
12/03/2024WBIGOKE682680103ONEOK Inc7,499110.440000828189.561.99%41567873.30163018332.6000000000000.00
12/03/2024WBIGSJM832696405J M Smucker Co/The6,287119.580000751799.461.81%41567873.30163018332.6000000000000.00
12/03/2024WBIGAGZD97717W380WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund27,91922.440000626502.361.51%41567873.30163018332.6000000000000.00
12/03/2024WBIGFLTR92189F486VanEck IG Floating Rate ETF24,65825.430000627052.941.51%41567873.30163018332.6000000000000.00
12/03/2024WBIGFALN46435G474iShares Fallen Angels USD Bond ETF22,95127.170000623578.671.50%41567873.30163018332.6000000000000.00
12/03/2024WBIGJPLD46654Q773JPMorgan Limited Duration Bond ETF11,15551.620000575821.101.39%41567873.30163018332.6000000000000.00
12/03/2024WBIGFTSL33738D309First Trust Senior Loan ETF12,36346.330000572777.791.38%41567873.30163018332.6000000000000.00
12/03/2024WBIGCI125523100Cigna Group/The1,572337.060000529858.321.27%41567873.30163018332.6000000000000.00
12/03/2024WBIGKBH48666K109KB Home6,34683.130000527542.981.27%41567873.30163018332.6000000000000.00
12/03/2024WBIGPAG70959W103Penske Automotive Group Inc3,163167.460000529675.981.27%41567873.30163018332.6000000000000.00
12/03/2024WBIGVOYA929089100Voya Financial Inc6,24282.950000517773.901.25%41567873.30163018332.6000000000000.00
12/03/2024WBIGIBKR45841N107Interactive Brokers Group Inc2,780185.680000516190.401.24%41567873.30163018332.6000000000000.00
12/03/2024WBIGUHS913903100Universal Health Services Inc2,565200.860000515205.901.24%41567873.30163018332.600000000000513.00
12/03/2024WBIGBYD103304101Boyd Gaming Corp6,82975.050000512516.451.23%41567873.30163018332.6000000000000.00
12/03/2024WBIGCMS125896100CMS Energy Corp7,17268.400000490564.801.18%41567873.30163018332.6000000000000.00
12/03/2024WBIGPRU744320102Prudential Financial Inc3,834128.410000492323.941.18%41567873.30163018332.6000000000000.00
12/03/2024WBIGPHM745867101PulteGroup Inc3,600135.140000486504.001.17%41567873.30163018332.6000000000000.00
12/03/2024WBIGWRB084423102W R Berkley Corp7,61163.650000484440.151.17%41567873.30163018332.6000000000000.00
12/03/2024WBIGMAR571903202Marriott International Inc/MD1,645286.240000470864.801.13%41567873.30163018332.6000000000000.00
12/03/2024WBIGFIX199908104Comfort Systems USA Inc949489.530000464563.971.12%41567873.30163018332.6000000000000.00
12/03/2024WBIGSTIP46429B747iShares 0-5 Year TIPS Bond ETF4,497100.850000453522.451.09%41567873.30163018332.6000000000000.00
12/03/2024WBIGIBM459200101International Business Machines Corp1,975227.390000449095.251.08%41567873.30163018332.6000000000000.00
12/03/2024WBIGGILD375558103Gilead Sciences Inc4,68294.020000440201.641.06%41567873.30163018332.6000000000000.00
12/03/2024WBIGOMC681919106Omnicom Group Inc4,130105.010000433691.301.04%41567873.30163018332.6000000000000.00
12/03/2024WBIGPEP713448108PepsiCo Inc2,616163.050000426538.801.03%41567873.30163018332.6000000000000.00
12/03/2024WBIGPPG693506107PPG Industries Inc3,258125.970000410410.260.99%41567873.30163018332.6000000000000.00
12/03/2024WBIGCLX189054109Clorox Co/The2,449166.540000407856.460.98%41567873.30163018332.6000000000000.00
12/03/2024WBIGMDTG5960L103Medtronic PLC4,72986.540000409247.660.98%41567873.30163018332.6000000000000.00
12/03/2024WBIGSLB806857108Schlumberger NV9,33743.630000407373.310.98%41567873.30163018332.6000000000000.00
12/03/2024WBIGHPE42824C109Hewlett Packard Enterprise Co18,99321.250000403601.250.97%41567873.30163018332.6000000000000.00
12/03/2024WBIGSYY871829107Sysco Corp5,25376.270000400646.310.96%41567873.30163018332.6000000000000.00
12/03/2024WBIGNEM651639106Newmont Corp9,44140.910000386231.310.93%41567873.30163018332.6000000000000.00
12/03/2024WBIGVTIP922020805Vanguard Short-Term Inflation-Protected Securities ETF7,01749.000000343833.000.83%41567873.30163018332.6000000000000.00
12/03/2024WBIGBKLN46138G508Invesco Senior Loan ETF12,57421.130000265688.620.64%41567873.30163018332.6000000000000.00
12/03/2024WBIGLRCX512807306Lam Research Corp3,22378.510000253037.730.61%41567873.30163018332.6000000000000.00
12/03/2024WBIGAMAT038222105Applied Materials Inc1,332183.265000244108.980.59%41567873.30163018332.6000000000000.00
12/03/2024WBIGAXP025816109American Express Co797302.260000240901.220.58%41567873.30163018332.6000000000000.00
12/03/2024WBIGACNG1151C101Accenture PLC645361.380000233090.100.56%41567873.30163018332.6000000000000.00
12/03/2024WBIGCSL142339100Carlisle Cos Inc518453.280000234799.040.56%41567873.30163018332.6000000000000.00
12/03/2024WBIGLEN526057104Lennar Corp1,350173.470000234184.500.56%41567873.30163018332.6000000000000.00
12/03/2024WBIGRMD761152107ResMed Inc949244.920000232429.080.56%41567873.30163018332.6000000000000.00
12/03/2024WBIGAME031100100AMETEK Inc1,177195.560000230174.120.55%41567873.30163018332.6000000000000.00
12/03/2024WBIGMCD580135101McDonald's Corp782292.440000228688.080.55%41567873.30163018332.6000000000000.00
12/03/2024WBIGMCK58155Q103McKesson Corp369621.290000229256.010.55%41567873.30163018332.6000000000000.00
12/03/2024WBIGKLAC482480100KLA CORP334666.030000222454.020.54%41567873.30163018332.6000000000000.00
12/03/2024WBIGSTZ21036P108Constellation Brands Inc947237.760000225158.720.54%41567873.30163018332.6000000000000.00
12/03/2024WBIGADP053015103Automatic Data Processing Inc695306.030000212690.850.51%41567873.30163018332.6000000000000.00
12/03/2024WBIGCBOE12503M108Cboe Global Markets Inc1,005211.910000212969.550.51%41567873.30163018332.6000000000000.00
12/03/2024WBIGHIG416515104Hartford Financial Services Group Inc/The1,753121.220000212498.660.51%41567873.30163018332.6000000000000.00
12/03/2024WBIGPAYX704326107Paychex Inc1,462145.450000212647.900.51%41567873.30163018332.6000000000000.00
12/03/2024WBIGTSN902494103Tyson Foods Inc3,27264.340000210520.480.51%41567873.30163018332.6000000000000.00
12/03/2024WBIGV92826C839Visa Inc664316.650000210255.600.51%41567873.30163018332.6000000000000.00
Premium/Discount
Download Premium/Discount
Fund Information
As of: 11/29/2024
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$37.09
$0.17
0.50%
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: 11/29/2024
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,127,182
41.80
$37.06
4,613
-0.09%
1.65%
Performance Month End
As of: 11/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
5.81%
8.32%
20.03%
24.37%
8.29%
7.55
4.62%
Market
5.70%
8.59%
20.13%
24.78%
8.29%
7.56
4.62%
Performance Quarter End
As of: 09/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-0.79
2.70
10.81
19.21
6.39
5.92
3.88
Market
-0.95
2.43
10.63
18.98
6.27
5.87
3.85

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: 6/30/2024
30-Day SEC Yield
0.37%
WBIL Top Holdings
As of: 12/03/2024
Security Name Weightings Shares
AppLovin Corp
Gilead Sciences Inc
Apple Inc
Expedia Group Inc
Spotify Technology SA
Charles Schwab Corp/The
Electronic Arts Inc
Corpay Inc
PayPal Holdings Inc
Salesforce Inc
4.81%
2.50%
2.47%
2.44%
2.44%
2.39%
2.35%
2.32%
2.29%
2.28%
5,908
11,114
4,311
5,520
2,121
12,270
5,923
2,529
11,072
2,879
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/03/2024WBILAPP03831W108AppLovin Corp5,908340.5900002012205.724.81%41795683.12112718222.5400000000000.00
12/03/2024WBILGILD375558103Gilead Sciences Inc11,11494.0200001044938.282.50%41795683.12112718222.5400000000000.00
12/03/2024WBILAAPL037833100Apple Inc4,311239.5900001032872.492.47%41795683.12112718222.5400000000000.00
12/03/2024WBILEXPE30212P303Expedia Group Inc5,520185.0100001021255.202.44%41795683.12112718222.5400000000000.00
12/03/2024WBILSPOTL8681T102Spotify Technology SA2,121480.2700001018652.672.44%41795683.12112718222.5400000000000.00
12/03/2024WBILSCHW808513105Charles Schwab Corp/The12,27081.390000998655.302.39%41795683.12112718222.5400000000000.00
12/03/2024WBILEA285512109Electronic Arts Inc5,923165.960000982981.082.35%41795683.12112718222.5400000000000.00
12/03/2024WBILCPAY219948106Corpay Inc2,529382.990000968581.712.32%41795683.12112718222.5400000000000.00
12/03/2024WBILPYPL70450Y103PayPal Holdings Inc11,07286.530000958060.162.29%41795683.12112718222.5400000000000.00
12/03/2024WBILCRM79466L302Salesforce Inc2,879331.010000952977.792.28%41795683.12112718222.5400000000000.00
12/03/2024WBILBX09260D107Blackstone Inc5,036187.050000941983.802.25%41795683.12112718222.5400000000000.00
12/03/2024WBILCI125523100Cigna Group/The2,710337.060000913432.602.19%41795683.12112718222.5400000000000.00
12/03/2024WBILEME29084Q100EMCOR Group Inc1,811505.090000914717.992.19%41795683.12112718222.5400000000000.00
12/03/2024WBILTEAM049468101Atlassian Corp3,446265.880000916222.482.19%41795683.12112718222.5400000000000.00
12/03/2024WBILBR11133T103Broadridge Financial Solutions Inc3,887234.250000910529.752.18%41795683.12112718222.5400000000000.00
12/03/2024WBILVRSK92345Y106Verisk Analytics Inc3,103292.700000908248.102.17%41795683.12112718222.5400000000000.00
12/03/2024WBILRMD761152107ResMed Inc3,663244.920000897141.962.15%41795683.12112718222.5400000000000.00
12/03/2024WBILLULU550021109Lululemon Athletica Inc2,667334.400000891844.802.13%41795683.12112718222.5400000000000.00
12/03/2024WBILHUBS443573100HubSpot Inc1,220723.590000882779.802.11%41795683.12112718222.5400000000000.00
12/03/2024WBILCVNA146869102Carvana Co3,423254.940000872659.622.09%41795683.12112718222.5400000000000.00
12/03/2024WBILMRVL573874104MARVELL TECHNOLOGY INC9,01196.860000872805.462.09%41795683.12112718222.5400000000000.00
12/03/2024WBILBKNG09857L108Booking Holdings Inc1615224.280000841109.082.01%41795683.12112718222.5400000000000.00
12/03/2024WBILFI337738108Fiserv Inc3,743218.510000817882.931.96%41795683.12112718222.5400000000000.00
12/03/2024WBILAMP03076C106Ameriprise Financial Inc1,431565.370000809044.471.94%41795683.12112718222.5400000000000.00
12/03/2024WBILKKR48251W104KKR & Co Inc4,976159.650000794418.401.90%41795683.12112718222.5400000000000.00
12/03/2024WBILCRWD22788C105Crowdstrike Holdings Inc2,279346.800000790357.201.89%41795683.12112718222.5400000000000.00
12/03/2024WBILAMZN023135106Amazon.com Inc3,716210.710000782998.361.87%41795683.12112718222.5400000000000.00
12/03/2024WBILNFLX64110L106Netflix Inc867897.740000778340.581.86%41795683.12112718222.5400000000000.00
12/03/2024WBILVRT92537N108Vertiv Holdings Co6,057127.012500769314.711.84%41795683.12112718222.540000000000227.14
12/03/2024WBILWMB969457100Williams Cos Inc/The12,94656.450000730801.701.75%41795683.12112718222.5400000000000.00
12/03/2024WBILBAH099502106Booz Allen Hamilton Holding Corp3,124148.720000464601.281.11%41795683.12112718222.5400000000000.00
12/03/2024WBILCAT149123101Caterpillar Inc1,127402.510000453628.771.09%41795683.12112718222.5400000000000.00
12/03/2024WBILMETA30303M102Meta Platforms Inc768592.830000455293.441.09%41795683.12112718222.5400000000000.00
12/03/2024WBILTJX872540109TJX Cos Inc/The3,604126.190000454788.761.09%41795683.12112718222.5400000000000.00
12/03/2024WBILCOST22160K105Costco Wholesale Corp464975.000000452400.001.08%41795683.12112718222.5400000000000.00
12/03/2024WBILCSX126408103CSX Corp12,45536.340000452614.701.08%41795683.12112718222.5400000000000.00
12/03/2024WBILLEN526057104Lennar Corp2,553173.470000442868.911.06%41795683.12112718222.5400000000000.00
12/03/2024WBILGWW384802104WW Grainger Inc3671193.990000438194.331.05%41795683.12112718222.5400000000000.00
12/03/2024WBILPH701094104Parker-Hannifin Corp624700.690000437230.561.05%41795683.12112718222.5400000000000.00
12/03/2024WBILCash&OtherCash&OtherCash & Other440,6541.000000440654.011.05%41795683.12112718222.540000000000Y
12/03/2024WBILROL775711104Rollins Inc8,70449.860000433981.441.04%41795683.12112718222.5400000000000.00
12/03/2024WBILTELG87052109TE Connectivity PLC2,766154.330000426876.781.02%41795683.12112718222.5400000000000.00
12/03/2024WBILFAST311900104Fastenal Co5,08382.670000420211.611.01%41795683.12112718222.5400000000000.00
12/03/2024WBILLMT539830109Lockheed Martin Corp808520.340000420434.721.01%41795683.12112718222.5400000000000.00
12/03/2024WBILSCCO84265V105Southern Copper Corp4,152100.050000415407.600.99%41795683.12112718222.5400000000000.00
12/03/2024WBILWAT941848103Waters Corp1,048387.100000405680.800.97%41795683.12112718222.5400000000000.00
12/03/2024WBILPWR74762E102Quanta Services Inc1,119342.330000383067.270.92%41795683.12112718222.5400000000000.00
12/03/2024WBILTMUS872590104T-Mobile US Inc1,567244.820000383632.940.92%41795683.12112718222.5400000000000.00
12/03/2024WBILURI911363109United Rentals Inc451857.050000386529.550.92%41795683.12112718222.5400000000000.00
12/03/2024WBILADP053015103Automatic Data Processing Inc1,243306.030000380395.290.91%41795683.12112718222.5400000000000.00
12/03/2024WBILCHTR16119P108Charter Communications Inc956394.430000377075.080.90%41795683.12112718222.5400000000000.00
12/03/2024WBILMSI620076307Motorola Solutions Inc759496.700000376995.300.90%41795683.12112718222.5400000000000.00
12/03/2024WBILGRMNH2906T109Garmin Ltd1,743213.460000372060.780.89%41795683.12112718222.5400000000000.00
12/03/2024WBILSYK863667101Stryker Corp951389.630000370538.130.89%41795683.12112718222.5400000000000.00
12/03/2024WBILTTG8994E103Trane Technologies PLC895414.790000371237.050.89%41795683.12112718222.5400000000000.00
12/03/2024WBILHEI422806109HEICO Corp1,321268.680000354926.280.85%41795683.12112718222.5400000000000.00
12/03/2024WBILNVDA67066G104NVIDIA Corp2,517138.630000348931.710.83%41795683.12112718222.5400000000000.00
12/03/2024WBILAGZD97717W380WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund13,28022.440000298003.200.71%41795683.12112718222.5400000000000.00
12/03/2024WBILARES03990B101Ares Management Corp1,714173.950000298150.300.71%41795683.12112718222.5400000000000.00
12/03/2024WBILFLTR92189F486VanEck IG Floating Rate ETF11,67225.430000296818.960.71%41795683.12112718222.5400000000000.00
12/03/2024WBILFALN46435G474iShares Fallen Angels USD Bond ETF10,83627.170000294414.120.70%41795683.12112718222.5400000000000.00
12/03/2024WBILFTSL33738D309First Trust Senior Loan ETF5,87346.330000272096.090.65%41795683.12112718222.5400000000000.00
12/03/2024WBILJPLD46654Q773JPMorgan Limited Duration Bond ETF5,25351.620000271159.860.65%41795683.12112718222.5400000000000.00
12/03/2024WBILMA57636Q104Mastercard Inc414531.360000219983.040.53%41795683.12112718222.5400000000000.00
12/03/2024WBILSTIP46429B747iShares 0-5 Year TIPS Bond ETF2,093100.850000211079.050.51%41795683.12112718222.5400000000000.00
12/03/2024WBILFICO303250104Fair Isaac Corp842332.110000195897.240.47%41795683.12112718222.5400000000000.00
12/03/2024WBILVTIP922020805Vanguard Short-Term Inflation-Protected Securities ETF3,26949.000000160181.000.38%41795683.12112718222.5400000000000.00
12/03/2024WBILBKLN46138G508Invesco Senior Loan ETF6,07421.130000128343.620.31%41795683.12112718222.5400000000000.00
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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.