IAI vs. WBIL ETF Comparison

Comparison of iShares U.S. Broker-Dealers ETF (IAI) to WBI Large Cap Tactical Select Shares (WBIL)

IAI

iShares U.S. Broker-Dealers ETF

IAI Description

The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$148.71

Average Daily Volume

102,067

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIL

WBI Large Cap Tactical Select Shares

WBIL 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 financial condition and prospects for ongoing financial stability, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$35.83

Average Daily Volume

1,627

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IAI	WBIL
30 Days	7.78%	1.80%
60 Days	17.79%	4.88%
90 Days	19.49%	6.90%
12 Months	58.23%	21.83%

1 Overlapping Holdings

	Symbol	Grade	Weight in IAI	Weight in WBIL	Overlap
	SCHW	A	4.58%	4.7%	4.58%

IAI Overweight 31 Positions Relative to WBIL

Symbol	Grade	Weight
GS	A	14.6%
MS	A	12.7%
SPGI	C	12.64%
COIN	A	6.26%
NDAQ	A	3.99%
MSCI	A	3.94%
CME	A	3.91%
ICE	D	3.76%
MCO	C	3.75%
RJF	A	3.58%
LPLA	A	2.8%
HOOD	A	2.57%
CBOE	D	2.57%
IBKR	A	2.24%
FDS	A	2.22%
TW	B	1.87%
SF	A	1.45%
JEF	A	1.42%
EVR	A	1.36%
MKTX	C	1.28%
HLI	A	1.21%
MORN	B	1.15%
LAZ	B	0.83%
PIPR	A	0.67%
MC	B	0.49%
PJT	A	0.48%
BGC	B	0.46%
VIRT	A	0.37%
SNEX	A	0.34%
DFIN	D	0.21%
LPRO	C	0.09%

IAI Underweight 43 Positions Relative to WBIL

Symbol	Grade	Weight
AMP	A	-4.99%
MRVL	B	-4.78%
CRWD	B	-4.74%
AAPL	C	-4.45%
FI	A	-4.3%
LULU	C	-4.2%
PINS	F	-3.9%
UBER	C	-3.79%
EA	A	-3.74%
NVDA	B	-3.63%
AMZN	B	-3.17%
CRM	A	-2.49%
BX	A	-2.33%
FICO	A	-2.28%
INTU	A	-2.16%
BR	A	-2.14%
PWR	A	-2.12%
COST	B	-1.99%
QCOM	F	-1.99%
RMD	C	-1.97%
ABBV	F	-1.94%
URI	B	-1.91%
LRCX	F	-1.86%
TYL	B	-1.8%
SBUX	A	-1.78%
PM	A	-1.75%
MELI	D	-1.7%
FAST	B	-1.08%
GWW	A	-1.07%
NFLX	A	-1.04%
PAYX	B	-1.04%
PH	A	-1.02%
META	C	-0.97%
TJX	A	-0.93%
TT	A	-0.87%
SPOT	A	-0.86%
ANET	C	-0.85%
AGZD	A	-0.74%
FLTR	A	-0.73%
FALN	A	-0.72%
FTSL	A	-0.67%
STIP	C	-0.52%
BKLN	A	-0.32%