WBIF vs. IPO ETF Comparison
Comparison of WBI Large Cap Tactical Value Shares (WBIF) to Renaissance IPO ETF (IPO)
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
69
IPO
Renaissance IPO ETF
IPO Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$41.95
Average Daily Volume
52,492
17
Performance
| Period | WBIF | IPO |
|---|---|---|
| 30 Days | -0.28% | 0.45% |
| 60 Days | 3.44% | 13.31% |
| 90 Days | 0.79% | 3.52% |
| 12 Months | 12.47% | 37.15% |
0 Overlapping Holdings
| Symbol | Grade | Weight in WBIF | Weight in IPO | Overlap |
|---|
WBIF Overweight 69 Positions Relative to IPO
| 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% | |
| PAYX | A | 1.32% | |
| 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: Top Represented Industries & Keywords
IPO: Top Represented Industries & Keywords
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