WBI BullBear Quality 3000 ETF (WBIL)

Overview

The WBI BullBear Quality 3000 ETF (WBIL) seeks to provide long-term capital appreciation while managing downside risk through a tactical allocation strategy. It invests primarily in U.S. large-cap stocks based on a proprietary quantitative model that adjusts exposure between a 'bull' and 'bear' allocation based on market conditions.

Reputation and Reliability

WBI Investments has a solid reputation for risk-managed investment strategies and quantitative analysis.

Management Expertise

WBI's management team has extensive experience in quantitative investing and risk management.

Goal

To provide long-term capital appreciation while actively managing downside risk.

Investment Approach and Strategy

Strategy: The ETF employs a tactical asset allocation strategy, shifting between a bullish stance, investing in equities, and a defensive (bearish) stance, reducing equity exposure based on market signals.

Composition Primarily U.S. large-cap equities, with the allocation percentage varying based on the WBI investment model's assessment of market risk.

Market Share: WBIL's market share is relatively small compared to larger, more established broad market or tactical ETFs.

Total Net Assets (AUM): 113723939.64

Key Competitors

• SPDR S&P 500 ETF Trust (SPY)
• iShares Core S&P 500 ETF (IVV)
• Vanguard Total Stock Market ETF (VTI)

Competitive Landscape

The ETF market is highly competitive, dominated by large, low-cost index funds. WBIL differentiates itself through its tactical allocation strategy, aiming to outperform during bear markets. However, active management strategies may face difficulty beating the index funds consistently.

Historical Performance: Historical performance data is needed to be determined; however, this is best extracted directly from financial data sources.

Benchmark Comparison: To be determined; however, the appropriate benchmark is a broad market index like the S&P 500 or a composite benchmark reflecting its tactical allocations.

Expense Ratio: 0.95

Average Trading Volume

Average trading volume is moderate and may vary considerably; always check recent volume data before trading.

Bid-Ask Spread

The bid-ask spread can vary depending on trading volume and market conditions, impacting the cost of trading.

Market Environment Factors

Economic growth, interest rate changes, inflation, and geopolitical events can influence WBIL's performance. Market volatility is a crucial factor affecting its tactical allocation decisions.

Growth Trajectory

WBIL's growth depends on its ability to successfully navigate market cycles and deliver returns superior to a simple buy-and-hold strategy. Changes to their quantitative model will alter holdings accordingly.

Competitive Edge

WBIL's competitive advantage lies in its proprietary quantitative model designed to actively manage risk. This model aims to protect capital during market downturns, offering a potentially attractive risk-adjusted return. The tactical approach sets it apart from passive ETFs. However, the performance of the quantitative model is critical to realizing these advantages, and it might underperform passive strategies in certain market conditions.

Volatility

The ETF's volatility will fluctuate based on its equity allocation, with higher volatility during bullish periods and lower volatility during bearish periods.

Market Risk

The primary risk is market risk associated with equity investments. The ETF's tactical allocation seeks to mitigate this risk, but cannot eliminate it entirely. Furthermore, the model can make miscalculations.

Ideal Investor Profile

Investors seeking capital appreciation with a focus on downside protection and who are comfortable with active management and potentially higher expense ratios.

Market Risk

Suitable for investors who prioritize risk management and are looking for an actively managed tactical allocation strategy; it may appeal to long-term investors seeking to smooth out market cycles.

The WBI BullBear Quality 3000 ETF (WBIL) is an actively managed ETF that seeks to provide long-term capital appreciation with downside protection. It uses a quantitative model to tactically allocate between equities and cash, aiming to outperform in both bull and bear markets. Its higher expense ratio reflects its active management style. Investors should carefully evaluate their risk tolerance and investment goals before considering WBIL.

Data Sources:

• WBI Investments website
• ETF.com
• Morningstar

Disclaimers:

Investment in ETFs involves risk, including the possible loss of principal. Past performance is not indicative of future results. This analysis is for informational purposes only and should not be considered investment advice.