WBIY vs. KBE ETF Comparison

Comparison of WBI Power Factor High Dividend ETF (WBIY) to SPDR S&P Bank ETF (KBE)

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

$32.35

Average Daily Volume

6,009

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.63

Average Daily Volume

1,808,152

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WBIY	KBE
30 Days	4.72%	13.14%
60 Days	5.37%	15.82%
90 Days	6.99%	15.94%
12 Months	27.95%	60.85%

8 Overlapping Holdings

Symbol	Grade	Weight in WBIY	Weight in KBE	Overlap
CFG	B	1.62%	1.18%	1.18%
COLB	A	1.75%	1.27%	1.27%
FIBK	A	0.6%	1.1%	0.6%
FULT	A	1.09%	1.19%	1.09%
HBAN	A	1.72%	1.25%	1.25%
RF	A	1.72%	1.21%	1.21%
VLY	B	1.85%	1.21%	1.21%
WSBC	A	0.35%	0.44%	0.35%

WBIY Overweight 41 Positions Relative to KBE

Symbol	Grade	Weight
MO	A	5.59%
KMI	A	5.41%
F	C	4.99%
T	A	4.84%
UPS	C	4.82%
VZ	C	4.77%
D	C	4.67%
LYB	F	4.48%
CAG	D	4.24%
KSS	F	3.84%
BEN	C	3.46%
DINO	D	3.2%
M	D	3.0%
WHR	B	2.93%
CVX	A	2.43%
CRI	D	1.9%
OMF	A	1.87%
PRU	A	1.56%
CNH	C	1.53%
UGI	A	1.43%
WU	D	1.43%
IPG	D	1.33%
CVS	D	1.3%
TNL	A	1.09%
HESM	B	1.01%
MAN	D	0.9%
BKH	A	0.81%
KNTK	B	0.8%
PINC	B	0.74%
CWEN	C	0.71%
DIN	C	0.68%
APAM	B	0.62%
GES	F	0.5%
HOPE	B	0.33%
GSL	F	0.32%
METC	C	0.29%
BRKL	B	0.28%
EMBC	C	0.27%
VRTS	B	0.27%
OCFC	B	0.26%
ASC	F	0.24%

WBIY Underweight 85 Positions Relative to KBE

Symbol	Grade	Weight
APO	B	-1.45%
WFC	A	-1.42%
WBS	A	-1.37%
EWBC	A	-1.32%
PNFP	B	-1.32%
FHN	A	-1.3%
MTB	A	-1.29%
ZION	B	-1.29%
GBCI	B	-1.29%
AX	A	-1.28%
CFR	B	-1.28%
SNV	B	-1.27%
WTFC	A	-1.27%
ASB	B	-1.26%
NTRS	A	-1.25%
TCBI	B	-1.24%
JXN	C	-1.22%
BAC	A	-1.22%
KEY	B	-1.21%
C	A	-1.21%
BOH	B	-1.21%
FCNCA	A	-1.21%
JPM	A	-1.21%
CADE	B	-1.2%
CMA	A	-1.2%
EQH	B	-1.19%
FNB	A	-1.19%
CBSH	A	-1.18%
PNC	B	-1.18%
UMBF	B	-1.17%
HWC	B	-1.17%
OZK	B	-1.17%
BKU	A	-1.16%
BK	A	-1.16%
USB	A	-1.15%
PB	A	-1.15%
HOMB	A	-1.15%
CRBG	B	-1.14%
TBBK	B	-1.14%
ABCB	B	-1.14%
ONB	B	-1.14%
UBSI	B	-1.14%
SSB	B	-1.13%
FITB	A	-1.13%
TFC	A	-1.13%
BANC	A	-1.13%
FFIN	B	-1.13%
VOYA	B	-1.1%
WAL	B	-1.1%
FBP	B	-1.04%
COOP	B	-1.04%
AUB	B	-1.03%
EBC	B	-1.03%
CVBF	A	-1.02%
PFS	B	-1.0%
CBU	B	-0.99%
MTG	C	-0.99%
BPOP	B	-0.99%
WD	D	-0.99%
RDN	C	-0.98%
CATY	B	-0.97%
INDB	B	-0.97%
BOKF	B	-0.94%
NMIH	D	-0.93%
UCB	A	-0.91%
SFBS	B	-0.9%
PFSI	D	-0.9%
ESNT	D	-0.89%
IBOC	A	-0.89%
FHB	A	-0.88%
WAFD	B	-0.83%
RNST	B	-0.82%
WSFS	A	-0.81%
TFIN	A	-0.79%
PPBI	B	-0.78%
IBTX	B	-0.77%
BANR	B	-0.75%
SBCF	A	-0.72%
RKT	F	-0.69%
SFNC	B	-0.64%
TRMK	B	-0.61%
FFBC	A	-0.61%
HTH	B	-0.58%
FRME	B	-0.56%
LKFN	B	-0.45%