WEEI vs. WBIF ETF Comparison

Comparison of Westwood Salient Enhanced Energy Income ETF (WEEI) to WBI Large Cap Tactical Value Shares (WBIF)

WEEI

Westwood Salient Enhanced Energy Income ETF

WEEI Description

The fund is an actively managed ETF that seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of Midstream North American corporations and Midstream U.S. master limited partnerships ("MLPs") (collectively, "Midstream Investments"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.23

Average Daily Volume

1,424

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

$30.07

Average Daily Volume

1,654

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WEEI	WBIF
30 Days	5.21%	2.86%
60 Days	7.57%	3.49%
90 Days	4.97%	3.85%
12 Months		12.70%

1 Overlapping Holdings

	Symbol	Grade	Weight in WEEI	Weight in WBIF	Overlap
	OXY	D	3.01%	2.81%	2.81%

WEEI Overweight 21 Positions Relative to WBIF

Symbol	Grade	Weight
XOM	B	20.74%
CVX	A	16.3%
COP	C	6.62%
EOG	A	5.0%
WMB	A	4.81%
SLB	C	4.73%
OKE	A	4.6%
MPC	D	3.98%
PSX	C	3.9%
KMI	A	3.74%
FANG	C	3.62%
HES	B	3.24%
VLO	C	3.23%
BKR	A	3.05%
TRGP	A	2.94%
HAL	C	1.93%
EQT	B	1.89%
DVN	F	1.79%
CTRA	B	1.39%
MRO	B	1.07%
APA	D	0.74%

WEEI Underweight 42 Positions Relative to WBIF

Symbol	Grade	Weight
WRB	A	-4.74%
UHS	D	-4.68%
FIX	A	-4.58%
KBH	D	-4.54%
NXST	C	-4.43%
V	A	-4.26%
CI	D	-4.26%
DKS	D	-4.24%
PRU	A	-4.14%
ACN	B	-3.98%
UNM	A	-3.93%
MCK	A	-3.93%
AMAT	F	-3.55%
RGA	A	-3.26%
VOYA	B	-3.26%
PHM	D	-2.6%
MMC	B	-2.12%
CF	A	-1.86%
ADP	A	-1.53%
AXP	A	-1.53%
AME	A	-1.46%
G	B	-1.44%
PRI	B	-1.42%
PAYX	B	-1.39%
BR	A	-1.36%
TXRH	B	-1.33%
CASY	A	-1.28%
RMD	C	-1.23%
FLTR	A	-0.76%
FALN	A	-0.75%
AGZD	A	-0.75%
FTSL	A	-0.69%
ALSN	B	-0.67%
THG	A	-0.59%
DCI	B	-0.56%
GL	C	-0.55%
STIP	C	-0.54%
TOL	B	-0.54%
ALLE	C	-0.53%
CBT	D	-0.53%
DOX	D	-0.52%
BKLN	A	-0.32%