WBIF vs. DIVS ETF Comparison

Comparison of WBI Large Cap Tactical Value Shares (WBIF) to SmartETFs Dividend Builder ETF (DIVS)

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

$29.16

Average Daily Volume

1,052

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DIVS

SmartETFs Dividend Builder ETF

DIVS Description

The investment seeks a moderate level of current income and consistent dividend growth at a rate that exceeds inflation. The fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in publicly-traded equity securities in dividend-paying companies that the Adviser believes have the ability to consistently increase their dividend payments over the medium term (three to five years). Equity Securities may include common stocks, preferred stocks, securities convertible into common stocks, rights and warrants.

Grade (RS Rating)

Last Trade

$30.07

Average Daily Volume

2,176

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WBIF	DIVS
30 Days	-0.28%	1.38%
60 Days	3.44%	7.64%
90 Days	0.79%	8.06%
12 Months	12.47%	28.28%

1 Overlapping Holdings

	Symbol	Grade	Weight in WBIF	Weight in DIVS	Overlap
	PAYX	A	1.32%	2.7%	1.32%

WBIF Overweight 68 Positions Relative to DIVS

Symbol	Grade	Weight
BDX	B	3.27%
DTE	A	3.26%
UNM	A	3.21%
VOYA	A	3.21%
WRB	B	3.2%
CI	D	3.16%
FIX	A	3.12%
RGA	C	3.09%
UHS	D	3.05%
PRU	C	2.99%
CMS	A	2.98%
OXY	F	2.89%
LRCX	D	1.52%
AMAT	B	1.5%
LEN	B	1.48%
MCK	F	1.48%
AXP	A	1.48%
V	C	1.47%
CSL	A	1.47%
MPC	F	1.46%
PHM	A	1.45%
DHI	C	1.44%
SLB	D	1.43%
ADP	A	1.43%
BYD	C	1.39%
MLI	C	1.38%
PAG	D	1.37%
NXST	D	1.35%
AME	D	1.33%
DKS	D	1.31%
EXP	C	1.29%
BR	B	1.29%
PRI	A	1.28%
RMD	C	1.28%
OC	C	1.28%
G	A	1.27%
R	C	1.26%
HRB	C	1.22%
LPX	A	1.22%
CASY	D	1.22%
TXRH	A	1.2%
KBR	C	1.2%
FLTR	A	0.77%
FALN	A	0.77%
AGZD	B	0.76%
DFS	C	0.72%
FTSL	A	0.7%
SYF	B	0.57%
EG	B	0.57%
ALSN	A	0.57%
DOX	B	0.56%
IPG	C	0.56%
TOL	A	0.56%
AVY	C	0.56%
NEU	F	0.55%
EQH	C	0.55%
STIP	A	0.55%
ALLE	A	0.55%
TTC	D	0.55%
GPI	C	0.55%
DCI	B	0.55%
CBT	B	0.55%
SCI	C	0.54%
THG	C	0.54%
NOV	F	0.53%
GL	C	0.53%
AOS	B	0.43%
BKLN	A	0.32%

WBIF Underweight 23 Positions Relative to DIVS

Symbol	Grade	Weight
AFL	A	-3.2%
ABBV	A	-3.19%
AVGO	C	-3.17%
UL	C	-3.11%
AJG	D	-2.99%
TSM	C	-2.92%
CSCO	A	-2.92%
ITW	A	-2.84%
JNJ	D	-2.84%
BLK	A	-2.83%
OTIS	A	-2.81%
MDLZ	C	-2.8%
MDT	B	-2.8%
MSFT	D	-2.79%
ABBV	A	-2.78%
DEO	B	-2.76%
TXN	C	-2.69%
KO	C	-2.68%
PG	C	-2.67%
CME	A	-2.54%
PEP	D	-2.52%
EMR	B	-2.5%
ETN	C	-2.48%