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WBI BullBear Quality 3000 ETF

WBIL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 27 2014
Expense Ratio
1.25%
Type
Global Equities
Fund Owner
WBI Shares
Volume (1m avg. daily)
$76,591
AUM
$40,497,387
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
Cash & Other
40.30%
PEP
PepsiCo Inc
4.48%
ADI
Analog Devices Inc.
4.46%
CLX
Clorox Co.
4.46%
MA
Mastercard Incorporated - Ordinary Shares - Class A
4.22%
ITW
Illinois Tool Works, Inc.
3.95%
TPR
Tapestry Inc
3.93%
MANH
Manhattan Associates, Inc.
3.11%
INCY
Incyte Corp.
3.00%
EXPD
Expeditors International Of Washington, Inc.
2.87%
Invest with WBIL

What is WBIL?

The WBI BullBear Quality 3000 ETF (Ticker: WBIL) seeks to provide investors with a wealth-building investment strategy that targets an optimal blend of bear market capital preservation and bull market return. The Fund is actively managed in an effort to provide long-term capital appreciation, while protecting capital during unfavorable market periods. WBIL typically invests in large cap securities with attractive value characteristics and prospects for financial stability. The Fund may also invest in cash or cash equivalents as part of its investment process.

ETFs related toWBIL

ETFs correlated to WBIL include CVLC, GJAN, DFLV

WBIL
WBI Investments Inc - WBI BullBear Quality 3000 ETF
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
GJAN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

WBIL is a Global Equities ETF. The WBI BullBear Quality 3000 ETF (Ticker: WBIL) seeks to provide investors with a wealth-building investment strategy that targets an optimal blend of bear market capital preservation and bull market return. The Fund is actively managed in an effort to provide long-term capital appreciation, while protecting capital during unfavorable market periods. WBIL typically invests in large cap securities with attractive value characteristics and prospects for financial stability. The Fund may also invest in cash or cash equivalents as part of its investment process.

Yes, WBIL is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, WBIL is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on WBIL is -0.0118%. This is the percent change in the value of WBIL over the most recent 1-month period. The 3-month return on WBIL is -0.0049%. This is the percent change in the value of WBIL over the most recent 3-month period.

The standard deviation of WBIL for the past year is 0.1214%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to WBIL include EFG, TAN, and ARKK.

ETFs correlated to WBIL include CVLC, GJAN, and DFLV.

ETFs that are inversely correlated to WBIL include SPXS, SPDN, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.