WBIL vs. FDFF ETF Comparison

Comparison of WBI Large Cap Tactical Select Shares (WBIL) to Fidelity Disruptive Finance ETF (FDFF)
WBIL

WBI Large Cap Tactical Select Shares

WBIL Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive financial condition and prospects for ongoing financial stability, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$32.83

Average Daily Volume

1,989

Number of Holdings *

32

* may have additional holdings in another (foreign) market
FDFF

Fidelity Disruptive Finance ETF

FDFF Description The fund normally invests at least 80% of assets in securities of disruptive finance companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.65

Average Daily Volume

2,995

Number of Holdings *

9

* may have additional holdings in another (foreign) market
Performance
Period WBIL FDFF
30 Days -4.80% -6.64%
60 Days -3.09% -6.09%
90 Days 2.56% 3.30%
12 Months 20.46%
0 Overlapping Holdings
Symbol Grade Weight in WBIL Weight in FDFF Overlap
WBIL Overweight 32 Positions Relative to FDFF
Symbol Grade Weight
PGR B 4.75%
CI C 4.63%
RGA A 4.53%
AXP B 4.32%
ADP D 4.19%
SCI D 4.13%
ACGL A 4.09%
TGT D 3.99%
CL A 3.94%
AME D 3.92%
OTIS D 3.9%
KR C 3.88%
APO D 3.83%
HRB D 3.61%
ELV B 2.15%
CARR A 1.93%
PANW B 1.89%
VST A 1.88%
VRSK C 1.87%
TW B 1.84%
ADBE D 1.76%
INTU C 1.74%
QCOM A 1.72%
BR C 1.71%
DECK D 1.68%
BX D 1.66%
FAST D 1.64%
LRCX D 1.63%
MOH F 1.62%
MPC D 1.5%
SIGI F 1.2%
AL A 1.19%
WBIL Underweight 9 Positions Relative to FDFF
Symbol Grade Weight
V D -5.76%
MA D -5.56%
BLK D -5.43%
EFX D -5.14%
COF B -4.86%
BRP D -4.05%
ICE D -4.03%
FLYW F -3.84%
DLO F -3.67%
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