BRNY vs. WBIF ETF Comparison

Comparison of Burney U.S. Factor Rotation ETF (BRNY) to WBI Large Cap Tactical Value Shares (WBIF)

BRNY

Burney U.S. Factor Rotation ETF

BRNY Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks long term growth of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock. The fund will invest its assets in common stocks of large, mid, and small-capitalization companies.

Grade (RS Rating)

Last Trade

$37.04

Average Daily Volume

7,725

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	BRNY	WBIF
30 Days	0.50%	-2.02%
60 Days	3.38%	-0.13%
90 Days	2.23%	-3.60%
12 Months	30.10%	2.76%

1 Overlapping Holdings

	Symbol	Grade	Weight in BRNY	Weight in WBIF	Overlap
	PHM	D	5.07%	3.89%	3.89%

BRNY Overweight 9 Positions Relative to WBIF

Symbol	Grade	Weight
VRTX	B	5.13%
ALL	D	5.06%
FTNT	C	5.03%
OC	D	4.95%
GOOGL	A	4.94%
NVDA	B	4.69%
COR	C	4.16%
CACI	B	4.13%
TROW	C	3.67%

BRNY Underweight 24 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%
INTU	A	-4.21%
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%
DECK	C	-3.81%
PAYX	D	-3.76%
META	A	-3.71%
QCOM	B	-3.5%
PANW	B	-2.98%
V	C	-2.59%
AFL	B	-1.02%
RJF	D	-0.93%