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ETFs

WBI Power FactorTM High Dividend ETF

WBIY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 19, 2016
Expense Ratio
0.70%
Type
US Equities
Fund Owner
WBI Shares
Volume (1m avg. daily)
$96,901
AUM
$56,667,600
Associated Index
Solactive Power Factor High Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

ASB
Associated Banc-Corp.
8.17%
MO
Altria Group Inc.
6.77%
FRME
First Merchants Corp.
6.60%
OKE
Oneok Inc.
4.96%
VZ
Verizon Communications Inc
4.86%
LYB
LyondellBasell Industries NV - Ordinary Shares - Class A
4.75%
IP
International Paper Co.
4.71%
DOW
Dow Inc
4.60%
MMM
3M Co.
4.46%
BBY
Best Buy Co. Inc.
4.23%
Invest with WBIY

What is WBIY?

WBIY is a new multi-factor Smart Beta ETF designed to track the Solactive Power Factor High Dividend Index. The Solactive Power Factor High Dividend Index ( Index Name , the Index ) is an Index of Solactive AG and is calculated and distributed by Solactive AG. WBIY approach seeks to select the 50 highest-yielding dividend paying U.S. stocks with the strongest quality fundamentals.

ETFs related toWBIY

ETFs correlated to WBIY include VFVA, RDIV, ONEY

WBIY
WBI Investments Inc - WBI Power Factor High Dividend Shares
VFVA
Vanguard Group, Inc. - Vanguard U.S. Value Factor ETF
RDIV
Invesco Exchange-Traded Fund Trust II - Invesco S&P Ultra Dividend Revenue ETF
ONEY
SPDR Series Trust - SPDR Russell 1000 Yield Focus ETF
FTA
First Trust Exchange-Traded Fund III - First Trust Large Capital Value AlphaDEX Fund
SDOG
ALPS Advisors Inc - ALPS Sector Dividend Dogs ETF
RDVY
First Trust Exchange-Traded Fund III - First Trust Rising Dividend Achievers ETF
SPYD
SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend ETF
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value ETF
DON
WisdomTree Trust - WisdomTree U.S. MidCap Dividend Fund
FDL
First Trust Exchange-Traded Fund III - First Trust Morningstar Dividend Leaders Index Fund

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.

Automated Strategies
Related toWBIY

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with WBIY using Composer

FAQ

WBIY is a US Equities ETF. WBIY is a new multi-factor Smart Beta ETF designed to track the Solactive Power Factor High Dividend Index. The Solactive Power Factor High Dividend Index ( Index Name , the Index ) is an Index of Solactive AG and is calculated and distributed by Solactive AG. WBIY approach seeks to select the 50 highest-yielding dividend paying U.S. stocks with the strongest quality fundamentals.

WBIY tracks the Solactive Power Factor High Dividend Index.

WBIY dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, WBIY is not actively managed. It is passively 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.

Yes, WBIY is passively 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 WBIY is -0.0162%. This is the percent change in the value of WBIY over the most recent 1-month period. The 3-month return on WBIY is 0.0235%. This is the percent change in the value of WBIY over the most recent 3-month period.

The standard deviation of WBIY for the past year is 0.2206%. 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 WBIY include VIG, VYM, and DFAS.

ETFs correlated to WBIY include VFVA, RDIV, and ONEY.

ETFs that are inversely correlated to WBIY include TZA, RWM, and TWM.

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.