WBI BullBear Value 3000 ETF (WBIF)

Overview

The WBI BullBear Value 3000 ETF (WBIB) seeks capital appreciation by strategically allocating between a value-oriented equity portfolio and cash based on market conditions and risk management signals. It aims to provide growth during bull markets and protect capital during bear markets.

Reputation and Reliability

WBI Investments has a solid reputation for its risk-managed investment solutions, with a focus on downside protection.

Management Expertise

WBI Investments employs a team of experienced portfolio managers and analysts specializing in quantitative and risk-managed strategies.

Goal

To achieve capital appreciation while actively managing market risk through tactical asset allocation.

Investment Approach and Strategy

Strategy: Actively managed, shifting between equity exposure and cash based on WBI's proprietary risk-management system. The equity portion focuses on value stocks from the Russell 3000 index.

Composition Primarily holds US equities selected based on value characteristics, with a significant allocation to cash or short-term investments depending on market conditions. The equity holdings are a subset of the Russell 3000.

Market Share: WBIB's market share within the tactical allocation ETF category is relatively small.

Total Net Assets (AUM): 35650000

Key Competitors

• DHS (WisdomTree U.S. High Dividend Fund)
• VYM (Vanguard High Dividend Yield ETF)
• SCHD (Schwab US Dividend Equity ETF)

Competitive Landscape

The tactical allocation ETF landscape is competitive, with many established players. WBIB's advantages lie in its specific risk-management methodology. A disadvantage would be its smaller AUM compared to competitors, impacting liquidity and potentially increasing trading costs. WBIB provides risk-managed approach, which might appeal to risk-averse investors seeking both growth and protection.

Historical Performance: Historical performance varies with market conditions and WBI's tactical allocation decisions. Detailed performance data requires referencing fund factsheets.

Benchmark Comparison: Performance is typically compared against a blend of equity and fixed income indices, but the specific benchmark varies based on WBIB's asset allocation.

Expense Ratio: 1.35

Average Trading Volume

WBIB's average trading volume varies but is generally moderate, indicating reasonable liquidity.

Bid-Ask Spread

The bid-ask spread fluctuates depending on trading volume and market conditions, and can impact short-term trading costs.

Market Environment Factors

Economic conditions, interest rate changes, and overall market volatility all influence WBIB's performance. Its tactical allocation aims to navigate these factors.

Growth Trajectory

Growth trajectory is dependent on investor appetite for risk-managed solutions and WBI's ability to deliver competitive risk-adjusted returns.

Competitive Edge

WBIB's competitive advantage lies in its proprietary risk-management system, which actively adjusts asset allocation based on market conditions. This strategy aims to protect capital during downturns while still participating in market upside. The actively managed nature of the fund differentiates it from passive value ETFs. It appeals to investors seeking downside protection, making it suitable for risk-averse portfolios. WBI's approach seeks to mitigate losses during bear markets.

Volatility

WBIB's volatility depends on its asset allocation, with higher equity exposure leading to greater volatility and higher cash allocation leading to lower volatility.

Market Risk

WBIB is subject to market risk, particularly equity market risk when allocated to value stocks. The risk-management strategy aims to mitigate these risks but cannot eliminate them entirely.

Ideal Investor Profile

WBIB is suited for investors seeking capital appreciation with a focus on risk management. Those nearing retirement or with lower risk tolerance may find it appealing.

Market Risk

WBIB can be suitable for both long-term investors and active traders, depending on their investment objectives and risk tolerance. Investors looking for tactical asset allocation may find it appealing.

WBIB is a tactical allocation ETF employing a risk-managed strategy. The ETF is suitable for risk-averse investors seeking both growth and protection by strategic allocation. Its active risk management aims to protect against downside risk. The fund actively shifts between equity exposure and cash.

Data Sources:

• WBI Investments Website
• ETF.com
• Morningstar
• Bloomberg

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions.