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WBI Power Factor High Dividend ETF (WBIY)

28.64 +0.11 (+0.37%)
At close: April 18 at 1:30 PM EDT

ETF Summary

Under normal circumstances the fund will invest at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to select securities from the Solactive US Broad Market Index that exhibit certain yield and fundamental value characteristics. The parent index includes large, mid- and small-cap securities listed in the U.S., including approximately the 3,000 largest U.S. companies that are selected and weighted according to free float market capitalization.

ETF Overview

Category Mid-Cap Value
Fund Family WBI Investments
Net Assets 65.5M
YTD Daily Total Return 0.07%
Yield 4.28%
Legal Type Exchange Traded Fund

ETF Operations

Attributes WBIY Category Average
Annual Report Expense Ratio (net) 1.00% 0.97%
Holdings Turnover 175.00% 55.98%
Total Net Assets 20,843.18 20,843.18

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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