WBIY vs. FOVL ETF Comparison

Comparison of WBI Power Factor High Dividend ETF (WBIY) to iShares Focused Value Factor ETF (FOVL)

WBIY

WBI Power Factor High Dividend ETF

WBIY Description

The investment seeks long term-capital appreciation while also seeking to protect principal during unfavorable market conditions. The fund will seek to achieve its investment objective by using a broad and flexible investment strategy and may invest directly in different types of instruments, such as: stocks and bonds issued by public and private companies and bonds issued by governments and governmental agencies ("Direct Investments"); and shares of funds that invest directly in such instruments. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.51

Average Daily Volume

5,751

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$72.41

Average Daily Volume

2,265

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WBIY	FOVL
30 Days	0.43%	3.40%
60 Days	3.61%	10.89%
90 Days	6.13%	14.47%
12 Months	25.72%	42.75%

6 Overlapping Holdings

Symbol	Grade	Weight in WBIY	Weight in FOVL	Overlap
CRI	D	1.91%	1.91%	1.91%
CWEN	D	0.72%	2.08%	0.72%
D	D	4.71%	2.34%	2.34%
RF	A	1.71%	2.66%	1.71%
UGI	D	1.4%	2.25%	1.4%
VZ	D	4.56%	2.13%	2.13%

WBIY Overweight 43 Positions Relative to FOVL

Symbol	Grade	Weight
MO	A	5.35%
KMI	B	5.31%
F	C	5.01%
UPS	C	4.7%
T	A	4.7%
LYB	F	4.58%
CAG	F	4.43%
KSS	D	4.13%
BEN	C	3.42%
DINO	D	3.16%
M	C	3.01%
WHR	B	2.98%
CVX	A	2.36%
OMF	A	1.9%
VLY	B	1.86%
COLB	A	1.81%
HBAN	A	1.72%
CFG	B	1.62%
PRU	B	1.52%
CNH	D	1.49%
IPG	F	1.44%
WU	F	1.4%
CVS	F	1.29%
FULT	B	1.11%
TNL	A	1.1%
HESM	C	0.99%
MAN	F	0.93%
BKH	A	0.8%
KNTK	B	0.78%
PINC	B	0.76%
DIN	C	0.68%
APAM	B	0.65%
FIBK	B	0.61%
GES	F	0.54%
WSBC	B	0.36%
HOPE	B	0.34%
GSL	F	0.32%
EMBC	C	0.29%
METC	C	0.29%
BRKL	B	0.29%
VRTS	B	0.28%
OCFC	B	0.27%
ASC	F	0.24%

WBIY Underweight 34 Positions Relative to FOVL

Symbol	Grade	Weight
FHN	A	-3.03%
DFS	B	-3.0%
MTB	A	-2.84%
FHB	B	-2.82%
FNB	B	-2.81%
NTRS	A	-2.81%
CMA	A	-2.77%
JHG	A	-2.77%
BAC	A	-2.74%
ALK	A	-2.7%
PNC	B	-2.7%
ETR	B	-2.69%
WTM	A	-2.65%
OZK	B	-2.65%
USB	B	-2.63%
FITB	A	-2.61%
HPE	B	-2.52%
CMCSA	B	-2.5%
OGE	B	-2.5%
VOYA	B	-2.49%
AXS	A	-2.49%
PNW	A	-2.43%
EVRG	A	-2.43%
PFG	C	-2.4%
PRGO	C	-2.38%
AVT	C	-2.36%
MET	C	-2.36%
CNA	C	-2.34%
MTG	C	-2.31%
RNR	D	-2.29%
RPRX	F	-2.18%
BG	D	-2.14%
ADM	F	-2.04%
CNXC	F	-1.88%