AFSM vs. WBIY ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to WBI Power Factor High Dividend ETF (WBIY)

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.41

Average Daily Volume

5,783

Number of Holdings ^*

308

* may have additional holdings in another (foreign) market

WBIY

WBI Power Factor High Dividend ETF

WBIY Description

The investment seeks long term-capital appreciation while also seeking to protect principal during unfavorable market conditions. The fund will seek to achieve its investment objective by using a broad and flexible investment strategy and may invest directly in different types of instruments, such as: stocks and bonds issued by public and private companies and bonds issued by governments and governmental agencies ("Direct Investments"); and shares of funds that invest directly in such instruments. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.17

Average Daily Volume

11,270

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	WBIY
30 Days	-1.01%	-3.65%
60 Days	-0.67%	1.38%
90 Days	4.99%	2.86%
12 Months	29.13%	23.45%

6 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in WBIY	Overlap
BKH	B	0.27%	1.03%	0.27%
CVBF	D	0.32%	0.29%	0.29%
EGBN	F	0.46%	0.14%	0.14%
FIBK	B	0.05%	0.46%	0.05%
KSS	F	0.05%	5.06%	0.05%
PFS	B	0.21%	0.2%	0.2%

AFSM Overweight 302 Positions Relative to WBIY

Symbol	Grade	Weight
BCC	D	1.16%
ELF	D	1.09%
HCC	B	1.03%
ESGR	B	0.92%
FIX	C	0.91%
DDS	B	0.87%
PFBC	A	0.85%
WIRE	A	0.83%
ALKS	F	0.82%
CAL	D	0.81%
WFRD	B	0.8%
ANF	C	0.79%
TNK	B	0.78%
MTG	C	0.77%
MOD	B	0.76%
KBH	B	0.76%
SMCI	D	0.75%
ATKR	B	0.73%
MLI	B	0.72%
MHO	D	0.71%
STRL	D	0.7%
EME	A	0.7%
LPG	B	0.69%
CPRX	D	0.68%
AROC	B	0.66%
PLUS	C	0.66%
ARCH	D	0.66%
TMHC	C	0.65%
GMS	C	0.65%
GNK	A	0.64%
PBF	C	0.64%
MATX	B	0.63%
AMR	D	0.63%
SLVM	A	0.63%
PRDO	A	0.62%
SSD	D	0.61%
BMI	A	0.6%
CNXN	D	0.6%
OTTR	B	0.59%
SANM	B	0.59%
AMPH	F	0.59%
TEX	D	0.59%
OFG	A	0.57%
SKT	D	0.57%
SIG	C	0.57%
MUSA	D	0.57%
APPF	C	0.57%
NTB	A	0.57%
CALM	D	0.56%
BXC	D	0.55%
TNC	D	0.55%
DFIN	A	0.55%
BRBR	C	0.54%
UFPT	A	0.54%
IDCC	C	0.54%
BKU	B	0.53%
BDC	C	0.53%
PLAB	C	0.53%
CRVL	C	0.53%
NHC	D	0.52%
CHCO	B	0.52%
CEIX	F	0.51%
POWL	B	0.51%
RDN	C	0.5%
HUBG	C	0.5%
GRBK	C	0.5%
UVE	B	0.49%
LGND	D	0.48%
SKYW	A	0.48%
OPCH	F	0.48%
BTU	F	0.46%
HURN	F	0.46%
FDP	D	0.46%
CCRN	F	0.45%
STBA	B	0.45%
TGNA	D	0.45%
WINA	C	0.45%
NAVI	D	0.45%
MEDP	D	0.45%
HIBB	A	0.43%
GMED	D	0.43%
RMR	B	0.43%
ANIP	C	0.4%
FBP	A	0.39%
MD	D	0.39%
ASC	A	0.39%
BKE	D	0.39%
QLYS	D	0.39%
SPNS	B	0.38%
NSIT	A	0.38%
VNDA	B	0.38%
TWI	F	0.38%
BPMC	A	0.38%
VSH	C	0.38%
ODP	C	0.37%
CWCO	D	0.37%
NTCT	F	0.37%
PINC	F	0.37%
INMD	F	0.36%
CBZ	D	0.36%
CADE	B	0.36%
ALRM	D	0.36%
HRMY	C	0.36%
GEO	B	0.35%
ABG	F	0.35%
COOP	A	0.35%
CVLT	A	0.34%
ONTO	A	0.34%
DNOW	D	0.34%
ADUS	C	0.34%
M	C	0.34%
ARCB	F	0.34%
CTRE	B	0.33%
KOP	F	0.33%
SCS	D	0.33%
MTH	A	0.33%
UFPI	C	0.33%
APOG	A	0.33%
CMC	C	0.33%
MRVI	C	0.32%
HIW	A	0.32%
ANDE	B	0.32%
ALE	A	0.32%
WTS	C	0.32%
ETD	F	0.31%
IBOC	A	0.31%
WNC	F	0.31%
AMRK	A	0.31%
PRG	B	0.31%
LOPE	C	0.31%
MCY	A	0.3%
HRB	D	0.3%
REZI	D	0.3%
VRNS	D	0.3%
VRNT	C	0.3%
HLNE	A	0.3%
HCI	B	0.3%
RHP	D	0.3%
IIPR	A	0.3%
PSN	D	0.3%
ASTH	D	0.29%
AMWD	D	0.29%
MED	F	0.29%
MOG.A	A	0.29%
SFL	A	0.28%
NMIH	A	0.28%
CRC	F	0.28%
HWKN	A	0.28%
CRS	A	0.28%
KFY	D	0.28%
NHI	A	0.27%
MAC	D	0.27%
PDM	B	0.27%
AMKR	C	0.27%
BELFB	B	0.27%
LRN	A	0.27%
HSII	D	0.26%
ITCI	C	0.26%
RAMP	D	0.26%
MITK	C	0.26%
OSIS	C	0.26%
STRA	A	0.26%
HLX	B	0.26%
CUZ	A	0.26%
SUPN	D	0.26%
NSSC	B	0.26%
MOV	D	0.25%
SLG	B	0.25%
RMBS	F	0.25%
DAKT	B	0.25%
CORT	D	0.25%
ACT	A	0.25%
XRX	F	0.25%
HAE	A	0.25%
CATY	D	0.25%
DFH	D	0.24%
SD	C	0.24%
DHT	A	0.24%
WGO	F	0.24%
COKE	B	0.24%
RLI	D	0.24%
SBRA	B	0.24%
PK	D	0.24%
THFF	B	0.24%
HIMS	D	0.23%
DUOL	A	0.23%
CASH	B	0.23%
KFRC	D	0.22%
TMDX	A	0.22%
IIIN	D	0.22%
CMPR	D	0.21%
PARR	F	0.21%
WMK	D	0.21%
DOLE	B	0.21%
WABC	B	0.21%
RXST	A	0.21%
CCS	D	0.21%
UE	B	0.21%
TBBK	F	0.21%
AVNS	D	0.21%
BRZE	D	0.2%
VGR	F	0.2%
SITC	C	0.2%
EPR	D	0.2%
INSW	A	0.2%
IDYA	D	0.2%
LNTH	B	0.19%
BASE	D	0.19%
STNG	A	0.19%
HDSN	F	0.19%
RYI	F	0.19%
KNSA	C	0.19%
EXTR	F	0.19%
HOV	B	0.19%
KRC	D	0.19%
QTRX	F	0.19%
IMXI	D	0.19%
BPOP	A	0.18%
TCMD	F	0.18%
INVA	B	0.17%
CLSK	C	0.17%
PIPR	A	0.17%
LMAT	A	0.17%
NUS	F	0.17%
FWRD	F	0.17%
MIRM	D	0.17%
COHU	F	0.17%
ASIX	F	0.16%
SIGA	A	0.16%
CHRD	B	0.16%
MXL	D	0.16%
AXSM	C	0.16%
INTA	F	0.16%
IMKTA	F	0.16%
IRWD	F	0.16%
LXU	C	0.15%
LQDA	D	0.15%
OSCR	A	0.15%
ALXO	B	0.14%
OMI	F	0.14%
BRC	B	0.14%
AYI	C	0.13%
CECO	C	0.13%
LBRT	B	0.12%
AIT	C	0.11%
NEO	D	0.11%
FOR	D	0.11%
ALKT	A	0.1%
ROCK	D	0.1%
SPSC	C	0.1%
YELP	C	0.1%
ASO	D	0.1%
ESNT	D	0.09%
ACAD	F	0.09%
YEXT	F	0.09%
CSGS	F	0.08%
KRYS	D	0.08%
KN	B	0.08%
CABA	F	0.08%
AMN	D	0.07%
KTB	B	0.07%
TPH	A	0.07%
VCTR	A	0.07%
CRAI	B	0.07%
SFM	A	0.07%
VSTO	A	0.06%
JWN	B	0.06%
SQSP	B	0.06%
GES	B	0.06%
KAI	D	0.06%
TGTX	C	0.06%
BECN	B	0.06%
OPI	C	0.06%
TNET	F	0.06%
EIG	D	0.06%
OVV	B	0.06%
JBI	D	0.06%
MLKN	D	0.05%
INDB	C	0.05%
PRK	A	0.05%
CRUS	C	0.05%
VCEL	C	0.05%
ATEN	A	0.05%
OGS	B	0.05%
HVT	F	0.05%
CTS	A	0.05%
ZEUS	F	0.05%
GFF	C	0.05%
UNFI	F	0.05%
APAM	D	0.05%
GCO	F	0.04%
SIBN	F	0.04%
TDC	F	0.04%
DVAX	D	0.04%
PHR	D	0.04%
EGRX	F	0.04%
EMBC	F	0.04%
EOLS	D	0.04%
VSCO	F	0.03%
SPTN	D	0.03%
EYPT	D	0.02%
AKR	B	0.0%

AFSM Underweight 44 Positions Relative to WBIY

Symbol	Grade	Weight
F	C	-5.01%
MO	A	-4.95%
D	A	-4.92%
T	C	-4.9%
OKE	C	-4.85%
WHR	F	-4.83%
KMI	A	-4.82%
LYB	D	-4.73%
BMY	F	-4.72%
DOW	C	-4.7%
CAG	B	-4.68%
VZ	D	-4.68%
BBY	D	-4.57%
CFG	A	-2.61%
KEY	C	-2.51%
KHC	B	-2.27%
RF	B	-2.05%
CBRL	F	-1.66%
OGN	B	-1.44%
HESM	C	-1.07%
COLB	C	-1.05%
CVI	F	-1.03%
WU	C	-0.98%
VLY	D	-0.96%
JXN	A	-0.86%
PRU	C	-0.83%
OMF	A	-0.83%
USB	C	-0.83%
HBAN	A	-0.82%
TNL	D	-0.82%
FITB	A	-0.78%
PNC	A	-0.76%
SNV	C	-0.74%
ZION	A	-0.73%
CWEN	B	-0.71%
FNF	A	-0.7%
ASB	A	-0.51%
NWN	B	-0.47%
VIRT	A	-0.35%
FULT	A	-0.29%
BRY	B	-0.25%
SFNC	D	-0.17%
HOPE	D	-0.13%
SASR	D	-0.13%