WBIY vs. WBIF ETF Comparison

Comparison of WBI Power Factor High Dividend ETF (WBIY) to WBI Large Cap Tactical Value Shares (WBIF)

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

$28.91

Average Daily Volume

11,422

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIF

WBI Large Cap Tactical Value Shares

WBIF 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 discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$28.76

Average Daily Volume

1,823

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WBIY	WBIF
30 Days	-4.66%	-5.46%
60 Days	0.94%	-2.22%
90 Days	1.55%	2.42%
12 Months	18.60%	11.37%

2 Overlapping Holdings

	Symbol	Grade	Weight in WBIY	Weight in WBIF	Overlap
	F	D	5.01%	2.03%	2.03%
	MO	A	4.95%	4.95%	4.95%

WBIY Overweight 48 Positions Relative to WBIF

Symbol	Grade	Weight
KSS	F	5.06%
D	A	4.92%
T	B	4.9%
OKE	B	4.85%
WHR	F	4.83%
KMI	A	4.82%
LYB	C	4.73%
BMY	F	4.72%
DOW	B	4.7%
CAG	A	4.68%
VZ	C	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	A	1.44%
HESM	C	1.07%
COLB	B	1.05%
BKH	A	1.03%
CVI	F	1.03%
WU	C	0.98%
VLY	F	0.96%
JXN	A	0.86%
PRU	B	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	A	0.71%
FNF	C	0.7%
ASB	A	0.51%
NWN	A	0.47%
FIBK	A	0.46%
VIRT	A	0.35%
CVBF	D	0.29%
FULT	A	0.29%
BRY	B	0.25%
PFS	B	0.2%
SFNC	D	0.17%
EGBN	F	0.14%
HOPE	D	0.13%
SASR	D	0.13%

WBIY Underweight 30 Positions Relative to WBIF

Symbol	Grade	Weight
SJNK	A	-9.24%
KNTK	A	-4.95%
TW	B	-4.32%
CHD	A	-4.1%
HRB	B	-4.04%
HPQ	D	-3.96%
NFLX	D	-3.88%
BR	C	-3.87%
IBM	D	-3.31%
MSFT	C	-3.08%
AXP	A	-2.38%
GIS	B	-2.23%
EBAY	A	-2.17%
RGA	A	-2.04%
CI	A	-2.04%
UNM	A	-2.02%
GRMN	A	-2.0%
WRB	D	-2.0%
DKS	B	-1.99%
HAL	D	-1.97%
UHS	C	-1.95%
MAR	D	-1.95%
CARR	A	-1.95%
PCAR	D	-1.93%
NXPI	B	-1.9%
SLB	F	-1.88%
CNA	B	-1.86%
BCC	D	-1.82%
TGT	D	-1.57%
KMB	A	-0.92%