BCHP vs. WBIF ETF Comparison

Comparison of Principal Focused Blue Chip ETF (BCHP) to WBI Large Cap Tactical Value Shares (WBIF)

BCHP

Principal Focused Blue Chip ETF

BCHP Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with large market capitalizations at the time of purchase that, in the opinion of Principal Global Investors, LLC ("PGI"), the fund"s investment advisor, display characteristics of a "blue chip" company. Blue chip companies are firms that, in PGI"s view, are well established in their industries and have the potential for growth of capital and an expectation for above-average earnings. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.78

Average Daily Volume

5,868

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

$29.06

Average Daily Volume

1,535

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BCHP	WBIF
30 Days	4.45%	-2.02%
60 Days	4.68%	-0.13%
90 Days	5.16%	-3.60%
12 Months		2.76%

2 Overlapping Holdings

	Symbol	Grade	Weight in BCHP	Weight in WBIF	Overlap
	INTU	A	3.57%	4.21%	3.57%
	V	C	4.33%	2.59%	2.59%

BCHP Overweight 7 Positions Relative to WBIF

Symbol	Grade	Weight
MSFT	A	13.86%
GOOG	A	12.86%
AMZN	A	11.89%
MA	C	6.65%
TDG	D	5.17%
PGR	B	4.72%
DHR	D	4.55%

BCHP Underweight 23 Positions Relative to WBIF

Symbol	Grade	Weight
LRCX	B	-5.51%
USHY	A	-5.04%
TW	C	-4.44%
BR	B	-4.28%
UHS	C	-4.26%
DKS	C	-4.24%
RGA	C	-4.09%
BX	C	-4.09%
AAPL	A	-4.02%
CRBG	C	-4.0%
CHD	C	-3.99%
HIG	C	-3.94%
FIX	D	-3.93%
ADP	D	-3.93%
VOYA	D	-3.9%
PHM	D	-3.89%
DECK	C	-3.81%
PAYX	D	-3.76%
META	A	-3.71%
QCOM	B	-3.5%
PANW	B	-2.98%
AFL	B	-1.02%
RJF	D	-0.93%