WBIG vs. FXO ETF Comparison

Comparison of WBI Large Cap Tactical Yield Shares (WBIG) to First Trust Financials AlphaDEX (FXO)

WBIG

WBI Large Cap Tactical Yield Shares

WBIG 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 dividend-paying 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 attractive dividend payment prospects, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$23.99

Average Daily Volume

3,419

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXO

First Trust Financials AlphaDEX

FXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Financials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$45.78

Average Daily Volume

66,942

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	WBIG	FXO
30 Days	-0.49%	-0.06%
60 Days	0.07%	-1.27%
90 Days	-3.42%	-0.76%
12 Months	5.56%	26.28%

4 Overlapping Holdings

Symbol	Grade	Weight in WBIG	Weight in FXO	Overlap
JHG	B	4.54%	1.76%	1.76%
OMF	D	2.0%	1.29%	1.29%
PRU	B	4.24%	0.33%	0.33%
TW	C	4.49%	0.34%	0.34%

WBIG Overweight 25 Positions Relative to FXO

Symbol	Grade	Weight
USHY	A	9.71%
LRCX	B	4.37%
ADP	D	4.36%
TJX	A	4.35%
PANW	B	4.3%
MMC	B	4.19%
KBH	D	3.99%
AAPL	A	3.98%
CHD	C	3.98%
DECK	C	3.96%
AMAT	B	3.9%
QCOM	B	3.44%
HAS	D	3.32%
HCA	C	2.88%
T	B	2.24%
BR	B	2.19%
KMB	B	2.19%
PG	C	2.15%
KNTK	B	2.08%
OKE	B	2.05%
PFG	D	1.96%
GIS	D	1.85%
CSL	C	1.84%
UHS	C	1.6%
INTU	A	1.08%

WBIG Underweight 97 Positions Relative to FXO

Symbol	Grade	Weight
ACGL	C	-1.88%
NU	B	-1.86%
KKR	C	-1.81%
APO	B	-1.8%
FCNCA	C	-1.77%
PGR	B	-1.76%
WTM	D	-1.69%
BRK.A	C	-1.67%
EG	D	-1.65%
RNR	D	-1.64%
TROW	C	-1.63%
MTG	B	-1.63%
OWL	D	-1.63%
SLM	D	-1.62%
UNM	D	-1.62%
CINF	C	-1.61%
AMG	D	-1.6%
AGO	D	-1.52%
OZK	D	-1.51%
RYAN	B	-1.45%
MKL	D	-1.43%
BRO	B	-1.42%
MTB	C	-1.4%
COLB	D	-1.36%
AMP	B	-1.35%
C	B	-1.34%
ALLY	B	-1.34%
AIG	D	-1.32%
FHN	C	-1.32%
L	D	-1.32%
STT	C	-1.3%
FNB	C	-1.29%
HBAN	D	-1.26%
CMA	C	-1.2%
WBS	D	-1.12%
BEN	F	-1.1%
VIRT	C	-1.09%
EQH	B	-1.05%
LPLA	B	-1.03%
BAC	B	-1.02%
AFL	B	-1.02%
KNSL	F	-1.01%
BK	B	-1.01%
ARES	C	-1.0%
CB	C	-0.99%
HIG	C	-0.98%
BOKF	D	-0.96%
LNC	C	-0.96%
ZION	C	-0.95%
CFG	B	-0.94%
WAL	B	-0.93%
FHB	C	-0.92%
PRI	C	-0.92%
RF	B	-0.9%
WTFC	D	-0.9%
EWBC	D	-0.89%
SEIC	D	-0.88%
PNFP	D	-0.88%
AXS	C	-0.75%
GS	A	-0.73%
RGA	C	-0.73%
ORI	D	-0.69%
WFC	C	-0.68%
JPM	B	-0.68%
BPOP	D	-0.67%
MORN	B	-0.66%
WTW	B	-0.66%
FITB	D	-0.66%
PNC	C	-0.65%
UWMC	D	-0.65%
SNV	B	-0.65%
RKT	C	-0.65%
NTRS	C	-0.64%
TPG	D	-0.64%
PB	D	-0.63%
USB	D	-0.61%
FAF	D	-0.6%
GL	D	-0.49%
JEF	B	-0.36%
CBSH	C	-0.34%
SF	B	-0.34%
AJG	A	-0.34%
CRBG	C	-0.33%
MS	B	-0.33%
VOYA	D	-0.32%
BLK	B	-0.31%
STWD	D	-0.31%
RJF	D	-0.31%
WRB	C	-0.3%
AFG	D	-0.3%
FNF	D	-0.3%
CBOE	D	-0.3%
CFR	D	-0.29%
AIZ	D	-0.29%
TRV	D	-0.29%
KEY	C	-0.28%
XP	F	-0.23%