WBI Power Factor High Dividend ETF

TICKER

WBIY

INCEPTION DATE

12/19/2016

NAV

$28.93
As of 06/11/2024

FUND NET ASSETS

$60.75 (MM)
As of 06/11/2024

30-DAY SEC YIELD

5.03%
As of 5/31/2024

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
    06/12/2024WBIYBBY086516101Best Buy Co Inc38,26687.1100003333351.265.49%60749640.00210000042.0000000000000.00
    06/12/2024WBIYMO02209S103Altria Group Inc71,87046.4000003334768.005.49%60749640.00210000042.0000000000000.00
    06/12/2024WBIYT00206R102AT&T Inc181,76317.8600003246287.185.34%60749640.00210000042.0000000000000.00
    06/12/2024WBIYD25746U109Dominion Energy Inc59,87751.5300003085461.815.08%60749640.00210000042.0000000000000.00
    06/12/2024WBIYOKE682680103ONEOK Inc37,34379.6400002973996.524.90%60749640.00210000042.0000000000000.00
    06/12/2024WBIYKMI49456B101Kinder Morgan Inc149,86219.7900002965768.984.88%60749640.00210000042.0000000000000.00
    06/12/2024WBIYDOW260557103Dow Inc51,48356.1500002890770.454.76%60749640.00210000042.0000000000000.00
    06/12/2024WBIYVZ92343V104Verizon Communications Inc70,08240.4200002832714.444.66%60749640.00210000042.0000000000000.00
    06/12/2024WBIYKSS500255104Kohl's Corp126,75022.2800002823990.004.65%60749640.00210000042.00000000000063375.00
    06/12/2024WBIYLYBN53745100LyondellBasell Industries NV29,25896.3300002818423.144.64%60749640.00210000042.0000000000000.00
    06/12/2024WBIYDIN254423106Dine Brands Global Inc74,24436.5000002709906.004.46%60749640.00210000042.0000000000000.00
    06/12/2024WBIYCAG205887102CONAGRA BRANDS INC92,43429.2400002702770.164.45%60749640.00210000042.0000000000000.00
    06/12/2024WBIYBMY110122108Bristol-Myers Squibb Co60,21243.0200002590320.244.26%60749640.00210000042.0000000000000.00
    06/12/2024WBIYWHR963320106Whirlpool Corp28,51088.5400002524275.404.16%60749640.00210000042.0000000000000.00
    06/12/2024WBIYCFG174610105Citizens Financial Group Inc45,74733.9700001554025.592.56%60749640.00210000042.0000000000000.00
    06/12/2024WBIYKEY493267108KeyCorp104,66613.4200001404617.722.31%60749640.00210000042.0000000000000.00
    06/12/2024WBIYCash&OtherCash&OtherCash & Other1,281,8891.0000001281889.162.11%60749640.00210000042.000000000000Y
    06/12/2024WBIYKHC500754106Kraft Heinz Co/The36,68033.6500001234282.002.03%60749640.00210000042.0000000000000.00
    06/12/2024WBIYRF7591EP100Regions Financial Corp64,69718.1900001176838.431.94%60749640.00210000042.0000000000000.00
    06/12/2024WBIYOGN68622V106Organon & Co48,01220.260000972723.121.60%60749640.00210000042.0000000000000.00
    06/12/2024WBIYALE018522300ALLETE Inc14,49463.060000913991.641.50%60749640.00210000042.0000000000000.00
    06/12/2024WBIYHESM428103105Hess Midstream LP18,75534.860000653799.301.08%60749640.00210000042.0000000000000.00
    06/12/2024WBIYCOLB197236102Columbia Banking System Inc34,13918.470000630547.331.04%60749640.00210000042.0000000000000.00
    06/12/2024WBIYBKH092113109Black Hills Corp11,77353.150000625734.951.03%60749640.00210000042.0000000000000.00
    06/12/2024WBIYWU959802109Western Union Co/The44,98512.590000566361.150.93%60749640.00210000042.0000000000000.00
    06/12/2024WBIYJXN46817M107Jackson Financial Inc7,61571.010000540741.150.89%60749640.00210000042.0000000000000.00
    06/12/2024WBIYCVI12662P108CVR Energy Inc19,15927.500000526872.500.87%60749640.00210000042.0000000000000.00
    06/12/2024WBIYPRU744320102Prudential Financial Inc4,579114.300000523379.700.86%60749640.00210000042.0000000000000.00
    06/12/2024WBIYCWEN18539C204Clearway Energy Inc18,92227.330000517138.260.85%60749640.00210000042.0000000000000.00
    06/12/2024WBIYVLY919794107Valley National Bancorp76,2876.700000511122.900.84%60749640.00210000042.0000000000000.00
    06/12/2024WBIYTNL894164102Travel + Leisure Co11,11043.890000487617.900.80%60749640.00210000042.0000000000000.00
    06/12/2024WBIYUSB902973304US Bancorp12,43238.450000478010.400.79%60749640.00210000042.0000000000000.00
    06/12/2024WBIYOMF68268W103OneMain Holdings Inc10,06946.930000472538.170.78%60749640.00210000042.0000000000000.00
    06/12/2024WBIYFITB316773100Fifth Third Bancorp13,07435.280000461250.720.76%60749640.00210000042.0000000000000.00
    06/12/2024WBIYHBAN446150104Huntington Bancshares Inc/OH37,30712.350000460741.450.76%60749640.00210000042.0000000000000.00
    06/12/2024WBIYSNV87161C501Synovus Financial Corp12,60836.330000458048.640.75%60749640.00210000042.0000000000000.00
    06/12/2024WBIYPNC693475105PNC Financial Services Group Inc/The3,011150.250000452402.750.74%60749640.00210000042.0000000000000.00
    06/12/2024WBIYZION989701107Zions Bancorp NA10,84940.700000441554.300.73%60749640.00210000042.0000000000000.00
    06/12/2024WBIYFNF31620R303Fidelity National Financial Inc8,65248.640000420833.280.69%60749640.00210000042.0000000000000.00
    06/12/2024WBIYASB045487105Associated Banc-Corp14,87820.130000299494.140.49%60749640.00210000042.0000000000000.00
    06/12/2024WBIYRGP76122Q105Resources Connection Inc27,15810.760000292220.080.48%60749640.00210000042.0000000000000.00
    06/12/2024WBIYFIBK32055Y201First Interstate BancSystem Inc10,89425.260000275182.440.45%60749640.00210000042.0000000000000.00
    06/12/2024WBIYNWN66765N105Northwest Natural Holding Co7,53835.770000269634.260.44%60749640.00210000042.0000000000000.00
    06/12/2024WBIYVIRT928254101Virtu Financial Inc9,91223.950000237392.400.39%60749640.00210000042.0000000000000.00
    06/12/2024WBIYFULT360271100Fulton Financial Corp11,63615.860000184546.960.30%60749640.00210000042.0000000000000.00
    06/12/2024WBIYCVBF126600105CVB Financial Corp10,50616.140000169566.840.28%60749640.00210000042.0000000000000.00
    06/12/2024WBIYPFS74386T105Provident Financial Services Inc7,85013.290000104326.500.17%60749640.00210000042.0000000000000.00
    06/12/2024WBIYSFNC828730200Simmons First National Corp5,76316.35000094225.050.16%60749640.00210000042.0000000000000.00
    06/12/2024WBIYSASR800363103Sandy Spring Bancorp Inc3,90721.76000085016.320.14%60749640.00210000042.0000000000000.00
    06/12/2024WBIYHOPE43940T109Hope Bancorp Inc7,4829.89000073996.980.12%60749640.00210000042.0000000000000.00
    06/12/2024WBIYEGBN268948106Eagle Bancorp Inc3,79916.59000063025.410.10%60749640.00210000042.0000000000000.00

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.