Key stats
About WBI Power Factor High Dividend ETF
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Inception date
Dec 19, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Millington Securities, Inc.
Distributor
Vigilant Distributors LLC
Identifiers
3
ISIN US00400R8584
WBIY aims to pick the highest-yielding US stocks with the strongest fundamentals by culling out 50 names from a universe of 3000 securities of any capitalization. Potential holdings must have positive earnings from continuing operations, stable or growing dividends, and at least enough cash flow to cover their dividend payments. The selection pool is further narrowed down by a combination of expected dividend yield (determined from option premiums) and the three power factors (P/S, P/FCF and P/E) from continuing operations. The 50 holdings are weighted by expected dividend yield, with quarterly rebalancing. WBIYs premise is that by screening its portfolio for quality fundamentals, it can reduce risk while providing exposure to high-yield stocks. However, the funds stringent criteria create such a small portfolio that single-name risk becomes a potential issue (individual holdings are capped at 5%). And like all high-yield portfolios, WBIY is subject to interest rate risk.
Related funds
Classification
What's in the fund
Exposure type
Finance
Consumer Non-Durables
Health Technology
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
WBIY trades at 33.00 USD today, its price has fallen −0.66% in the past 24 hours. Track more dynamics on WBIY price chart.
WBIY net asset value is 32.95 today — it's risen 2.29% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
WBIY assets under management is 54.86 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
WBIY price has risen by 1.26% over the last month, and its yearly performance shows a 9.82% increase. See more dynamics on WBIY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.29% over the last month, showed a 9.57% increase in three-month performance and has increased by 14.77% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.29% over the last month, showed a 9.57% increase in three-month performance and has increased by 14.77% in a year.
WBIY fund flows account for −12.30 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
WBIY invests in stocks. See more details in our Analysis section.
WBIY expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, WBIY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, WBIY technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WBIY shows the strong buy signal. See more of WBIY technicals for a more comprehensive analysis.
Today, WBIY technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WBIY shows the strong buy signal. See more of WBIY technicals for a more comprehensive analysis.
Yes, WBIY pays dividends to its holders with the dividend yield of 4.59%.
WBIY trades at a premium (0.15%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
WBIY shares are issued by WBI Trading Co., Inc.
WBIY follows the Solactive Power FactorTM High Dividend (GR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 19, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.