WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$32.44
As of 11/29/2024

FUND NET ASSETS

$66.50 (MM)
As of 11/29/2024

30-DAY SEC YIELD

5.05%
As of 6/30/2024

WHAT MAKES WBIY SO SMART?

We believe that WBIY’s multi-factor, actively rebalanced process is the most advanced Smart Beta approach in the marketplace today – one that is designed to help solve an investor’s need for high current income, inflation protection, and consistent capital growth. So how does WBIY work?

Watch the video to find out.

The WBIY Power Factor

WBIY is designed to track the Solactive Power Factor High Dividend Index. The Index screens for securities based on three fundamental value characteristics, or “Power Factors”:

  1. Trailing 12-month diluted earnings from continuing operations to price (E/P Ratio)
  2. Trailing 12-month free cash flow to price (FCF/P Ratio)
  3. Trailing 12-month sales to price (S/P Ratio)

Stock Selection Process

The goal of the Solactive Power Factor High Dividend Index and WBIY product design is to improve performance through superior security selection. Quarterly rebalancing provides a more active approach than you would find in similar offerings. The process identifies the “Top 50” highest dividend-yielding U.S. common stocks that also have high quality fundamentals.

Documents

  • Daily Holdings:
    DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
    12/03/2024WBIYMO02209S103Altria 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

The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please click here.

An investment in the Funds is subject to risk, including the possible loss of principal. There is no guarantee the Advisor’s investment strategy or quantitative models used in the investment strategy will be successful. To the extent that a Fund invests in dividend-paying equities, if stocks held by the Fund reduce or stop paying dividends, the Funds’ ability to generate income may be affected. Small and medium capitalization companies may involve greater volatility and risk than investing in larger and more established companies. Foreign and emerging market securities carry additional risks such as currency fluctuation, economic or financial instability, lack of timely or reliable financial information, or unfavorable political or legal developments.

The Fund invests in high yielding stocks, which may be speculative, higher risk investments. It is possible these companies could pay out more than they can support and may reduce or stop paying dividends at any time, which could have a material adverse effect on the companies’ stock price and the Fund’s performance.

WBIY is not actively managed and the Sub-Advisor does not attempt to take defensive positions in declining markets. Unlike many investment companies, the Fund does not utilize an investing strategy that seeks returns in excess of its Underlying Index.

For a full list of investment risks associated with the funds, including but not limited to market risk, portfolio turnover risk, securities business risk, mortgage-backed securities risk, master limited partnership risk, real estate investment trust risk, ETF risk, and trading price risk, please read the prospectus.