KIE vs. WBIL ETF Comparison

Comparison of SPDR S&P Insurance ETF (KIE) to WBI Large Cap Tactical Select Shares (WBIL)

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$59.31

Average Daily Volume

1,134,647

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

$35.89

Average Daily Volume

1,625

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KIE	WBIL
30 Days	2.09%	1.96%
60 Days	5.50%	5.13%
90 Days	10.73%	6.21%
12 Months	37.38%	21.54%

0 Overlapping Holdings

	Symbol	Grade	Weight in KIE	Weight in WBIL	Overlap

KIE Overweight 50 Positions Relative to WBIL

Symbol	Grade	Weight
UNM	A	2.4%
GSHD	A	2.37%
BHF	B	2.28%
LNC	B	2.28%
CNO	A	2.22%
PRI	A	2.17%
RYAN	B	2.11%
KMPR	A	2.09%
RLI	A	2.09%
WTM	A	2.08%
AON	A	2.08%
WTW	B	2.07%
AGO	A	2.06%
CINF	A	2.06%
SIGI	B	2.05%
THG	A	2.04%
BRO	B	2.04%
AIZ	A	2.04%
AXS	A	2.03%
PRU	A	2.03%
TRV	A	2.02%
MET	A	2.02%
PFG	A	2.01%
L	A	2.0%
MKL	A	2.0%
GNW	A	2.0%
GL	B	1.99%
AIG	A	1.99%
ORI	A	1.97%
RNR	D	1.96%
RGA	A	1.96%
WRB	A	1.95%
ALL	A	1.93%
ESGR	B	1.93%
PGR	B	1.9%
HIG	A	1.9%
AFG	A	1.9%
AFL	C	1.88%
AJG	A	1.86%
FNF	C	1.86%
MMC	C	1.85%
KNSL	B	1.84%
CB	C	1.83%
EG	D	1.8%
FAF	C	1.79%
ACGL	D	1.69%
PLMR	A	1.64%
ERIE	F	1.55%
STC	A	1.38%
OSCR	D	1.2%

KIE Underweight 44 Positions Relative to WBIL

Symbol	Grade	Weight
AMP	A	-4.99%
MRVL	B	-4.78%
CRWD	B	-4.74%
SCHW	A	-4.7%
AAPL	C	-4.45%
FI	A	-4.3%
LULU	C	-4.2%
PINS	F	-3.9%
UBER	F	-3.79%
EA	A	-3.74%
NVDA	B	-3.63%
AMZN	B	-3.17%
CRM	B	-2.49%
BX	A	-2.33%
FICO	A	-2.28%
INTU	B	-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	B	-1.07%
NFLX	A	-1.04%
PAYX	B	-1.04%
PH	B	-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%