VALQ vs. WBIF ETF Comparison

Comparison of American Century STOXX U.S. Quality Value ETF (VALQ) to WBI Large Cap Tactical Value Shares (WBIF)

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.92

Average Daily Volume

6,261

Number of Holdings ^*

241

* 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

$30.24

Average Daily Volume

1,622

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VALQ	WBIF
30 Days	3.97%	3.91%
60 Days	4.17%	3.66%
90 Days	6.47%	4.44%
12 Months	28.71%	13.34%

20 Overlapping Holdings

Symbol	Grade	Weight in VALQ	Weight in WBIF	Overlap
ALLE	D	0.55%	0.53%	0.53%
ALSN	B	0.14%	0.67%	0.14%
AMAT	F	0.08%	3.55%	0.08%
CBT	C	0.41%	0.53%	0.41%
CI	F	0.66%	4.26%	0.66%
DCI	B	0.61%	0.56%	0.56%
DKS	C	0.12%	4.24%	0.12%
DOX	D	0.68%	0.52%	0.52%
G	B	0.39%	1.44%	0.39%
GL	B	0.11%	0.55%	0.11%
KBH	D	0.08%	4.54%	0.08%
MCK	B	0.09%	3.93%	0.09%
NXST	C	0.08%	4.43%	0.08%
PHM	D	0.08%	2.6%	0.08%
RGA	A	0.09%	3.26%	0.09%
RMD	C	0.09%	1.23%	0.09%
TOL	B	1.07%	0.54%	0.54%
TXRH	C	0.1%	1.33%	0.1%
UHS	D	0.19%	4.68%	0.19%
UNM	A	0.11%	3.93%	0.11%

VALQ Overweight 221 Positions Relative to WBIF

Symbol	Grade	Weight
AAPL	C	2.63%
CMCSA	B	2.31%
MSI	B	2.23%
AMZN	C	2.22%
WMT	A	2.19%
IBM	C	2.04%
NFLX	A	1.99%
HD	A	1.96%
INGR	B	1.94%
KMB	D	1.91%
EBAY	D	1.88%
ETN	A	1.87%
CTAS	B	1.84%
APH	A	1.76%
SPG	B	1.76%
HPQ	B	1.72%
CL	D	1.71%
ABBV	D	1.67%
KO	D	1.66%
CLX	B	1.55%
VLTO	D	1.55%
TXN	C	1.48%
TGT	F	1.47%
JLL	D	1.45%
MAS	D	1.21%
UBER	D	1.19%
OC	A	1.15%
LYB	F	1.14%
BBY	D	1.12%
PG	A	1.07%
OTIS	C	1.03%
SFM	A	1.02%
GPC	D	0.93%
TPR	B	0.92%
ITW	B	0.91%
MTD	D	0.88%
LECO	B	0.86%
CAH	B	0.84%
BMY	B	0.82%
CTSH	B	0.8%
PYPL	B	0.8%
SEIC	B	0.76%
CSCO	B	0.72%
NVT	B	0.68%
IVZ	B	0.64%
GOOGL	C	0.62%
MO	A	0.56%
HRB	D	0.54%
NYT	C	0.53%
QCOM	F	0.52%
AYI	B	0.51%
FFIV	B	0.51%
REYN	D	0.46%
ECL	D	0.45%
MTG	C	0.42%
NTAP	C	0.41%
HUBB	B	0.41%
ZM	B	0.38%
DBX	B	0.38%
FLS	B	0.36%
AZEK	A	0.33%
SHW	A	0.33%
DOCU	A	0.33%
ARW	D	0.32%
GWW	B	0.32%
AMCR	D	0.31%
SM	B	0.3%
JBL	B	0.29%
NOVT	D	0.29%
WSM	B	0.29%
QLYS	C	0.28%
APP	B	0.27%
TT	A	0.26%
PH	A	0.26%
MSFT	F	0.26%
FICO	B	0.25%
KR	B	0.23%
FLO	D	0.23%
NEU	C	0.23%
COLM	B	0.21%
MPC	D	0.21%
BRBR	A	0.2%
CAT	B	0.2%
ADSK	A	0.2%
ORI	A	0.19%
DVA	B	0.19%
JEF	A	0.19%
CRUS	D	0.18%
NSIT	F	0.18%
LEN	D	0.17%
LAMR	D	0.17%
TJX	A	0.17%
CR	A	0.17%
DDS	B	0.16%
DPZ	C	0.16%
SYY	B	0.15%
PPG	F	0.15%
GAP	C	0.15%
ROST	C	0.15%
EXEL	B	0.14%
UTHR	C	0.14%
LFUS	F	0.14%
ANF	C	0.14%
WING	D	0.13%
EXPE	B	0.13%
AMKR	D	0.13%
IDXX	F	0.13%
EME	C	0.13%
TWLO	A	0.13%
PEGA	A	0.12%
SYF	B	0.12%
SNA	A	0.11%
MMM	D	0.11%
FTNT	C	0.11%
MLI	C	0.11%
AXS	A	0.11%
AIT	A	0.11%
BKNG	A	0.11%
GILD	C	0.11%
GDDY	A	0.1%
STLD	B	0.1%
AXTA	A	0.1%
PKG	A	0.1%
FOXA	B	0.1%
VMI	B	0.1%
TAP	C	0.1%
BK	A	0.1%
META	D	0.1%
GM	B	0.1%
NTRS	A	0.1%
RHI	B	0.1%
THC	D	0.1%
RL	B	0.1%
INCY	C	0.1%
EPAM	C	0.1%
BYD	C	0.1%
EVR	B	0.1%
TRMB	B	0.1%
KEYS	A	0.09%
AVGO	D	0.09%
BWA	D	0.09%
MSM	C	0.09%
BRK.A	B	0.09%
TMHC	B	0.09%
DLB	B	0.09%
ADBE	C	0.09%
VRSN	F	0.09%
INFA	D	0.09%
CACI	D	0.09%
L	A	0.09%
COR	B	0.09%
JKHY	D	0.09%
DGX	A	0.09%
FIZZ	C	0.09%
CSL	C	0.09%
MANH	D	0.09%
OMC	C	0.09%
PGR	A	0.09%
LMT	D	0.09%
JAZZ	B	0.09%
TROW	B	0.09%
BMI	B	0.09%
LDOS	C	0.09%
ALL	A	0.09%
SWKS	F	0.09%
HIG	B	0.09%
FDX	B	0.09%
CMC	B	0.09%
EA	A	0.09%
AIZ	A	0.09%
EHC	B	0.09%
OMF	A	0.09%
HPE	B	0.09%
ALKS	B	0.09%
FIS	C	0.09%
WTS	B	0.09%
CHTR	C	0.09%
STT	A	0.09%
USFD	A	0.09%
AMG	B	0.09%
MHK	D	0.08%
COKE	C	0.08%
CAG	D	0.08%
GIS	D	0.08%
AN	C	0.08%
EG	C	0.08%
TXT	D	0.08%
VLO	C	0.08%
JNJ	D	0.08%
MAT	D	0.08%
EEFT	B	0.08%
POST	C	0.08%
EXPD	D	0.08%
PVH	C	0.08%
SAIC	F	0.08%
NVR	D	0.08%
BERY	B	0.08%
PARA	C	0.08%
ADTN	A	0.08%
SSNC	B	0.08%
TSN	B	0.08%
K	A	0.08%
CCK	C	0.08%
TER	D	0.07%
KLAC	D	0.07%
IQV	D	0.07%
ALLY	C	0.07%
MEDP	D	0.07%
SWK	D	0.07%
CPB	D	0.07%
SKX	D	0.07%
MMS	F	0.07%
LRCX	F	0.07%
AOS	F	0.07%
TKR	D	0.07%
IGT	F	0.07%
AKAM	D	0.07%
CROX	D	0.06%
ELV	F	0.06%
CNC	D	0.06%
QRVO	F	0.05%

VALQ Underweight 23 Positions Relative to WBIF

Symbol	Grade	Weight
WRB	A	-4.74%
FIX	A	-4.58%
V	A	-4.26%
PRU	A	-4.14%
ACN	C	-3.98%
VOYA	B	-3.26%
OXY	D	-2.81%
MMC	B	-2.12%
CF	B	-1.86%
ADP	B	-1.53%
AXP	A	-1.53%
AME	A	-1.46%
PRI	A	-1.42%
PAYX	C	-1.39%
BR	A	-1.36%
CASY	A	-1.28%
FLTR	A	-0.76%
FALN	B	-0.75%
AGZD	A	-0.75%
FTSL	B	-0.69%
THG	A	-0.59%
STIP	C	-0.54%
BKLN	A	-0.32%