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Launched · SEC filings

WBI BullBear Value 3000 ETF

WBIFNYSE ArcaWBI SharesD

$36.62+0.08 (+0.23%)

As of Nov 2, 2026, 3:59 PM ET

D36/ 100

Rank 11 of 15 in Global Active Value

D36/100Rank 11 of 15inGlobal Active Value
Intraday session: up, 78 prints from 36.54 to 36.62. Range 36.62 to 36.86. Use the arrow keys to read each point.36.7036.7536.8036.8510 AM12 PM2 PM4 PM
Expense ratio
1.70%*
Fund size
$23M
1Y total return
+17.3%
Yield · Last 12 months
0.00%
Holdings
69
Avg volume · 30D
3.69K sh
52W range
low $29.87high $37.26
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Oct 31, 2027. Without it: 1.82%.

The ETF.net WBIF Grade

Based on 5 of 6 pillars

D

Score 36 out of 100

Category
Global Active Value⁠
Rank
11 of 15
Six-pillar profile for WBIF. Scores out of 100: Cost 0, Risk 59, Mission not scored, Tradability 61, Holdings 76, Durability 41. Strongest: Holdings (76). Weakest: Cost (0). Based on 5 of 6 pillars.

Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F0 out of 100
    Rank 15 of 15

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B59 out of 100
    Rank 6 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 4 of 15

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A76 out of 100
    Rank 3 of 15

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C41 out of 100
    Rank 11 of 15

Our read on WBIF

ETF.net Research

In short

DA 2014-vintage active value fund with an unusual escape hatch: its sell discipline can park a big slice of the portfolio in cash. Roughly 30 names, a global hunting ground, and a price tag well above the typical value ETF.

Stated mandate

The Fund seeks long-term capital appreciation and potential current income while attempting to protect principal in unfavorable markets. It actively invests across domestic and foreign companies of all capitalization sizes and may use tactical investments.

Why people hold it

  • Cash counts as a position here. The selection process evaluates cash and cash equivalents alongside stocks, and the fund can hold a significant percentage of net assets there.wbietfs.com
  • A wide hunting ground: value names across the US, developed international and emerging markets, at every market cap, plus room for tactical positions.
  • Concentrated on purpose at about 30 holdings, so individual picks carry real weight instead of getting diluted across hundreds of names.
  • Launched in 2014, early in the active equity ETF wave, so it has a live record through several full market cycles rather than a backtest.

Worth knowing

  • At 1.52% a year it costs more than double the 0.63% median of its global value peer group. Cheaper active options in that cohort include AVGV at 0.28% and FEGE at 0.50%.
  • Small and thinly traded, so spreads can run wider and sizable orders can move the price more than in the category's household names.
  • The flip side of the cash option: the prospectus flags that extended stretches in cash or equivalents can lag other investments and work against the fund's objective.wbietfs.com

WBIF Performance

Launched Aug 25, 2014

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

WBIF$11,730
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. WBIF $11,730. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for WBIF. Periods over one year show the average yearly return.
PeriodWBIF
Year to date+18.0%
1 month+5.4%
3 months+2.2%
1 year+17.3%
3 yearsper year+12.9%
5 yearsper year+4.5%
10 yearsper year+6.3%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for WBIF
YearReturn barWBIF
2026 YTD+18.0%
2025+9.2%
2024+3.4%
2023+0.5%
2022−8.4%
2021+16.6%
2020−2.7%

WBIF in the news

WBIF Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2025

One bar per payment. 33 payments from 2016 to 2025. Apr 19, 2016 $0.0056; Jun 28, 2016 $0.03; Sep 13, 2016 $0.05; Dec 28, 2016 $0.09; Mar 14, 2017 $0.08; Jun 27, 2017 $0.08; Sep 19, 2017 $0.04; Dec 28, 2017 $0.02; Mar 13, 2018 $0.05; Jun 26, 2018 $0.08; Sep 18, 2018 $0.08; Dec 28, 2018 $0.08; Mar 12, 2019 $0.10; Jun 25, 2019 $0.07; Sep 17, 2019 $0.04; Dec 30, 2019 $0.08; Sep 15, 2020 $0.02; Mar 16, 2021 $0.16; Jun 25, 2021 $0.20; Sep 27, 2021 $0.07; Dec 29, 2021 $0.36; Sep 28, 2022 $0.04; Dec 28, 2022 $0.23; Mar 29, 2023 $0.11; Jun 28, 2023 $0.02; Sep 27, 2023 $0.0028; Dec 27, 2023 $0.10; Mar 26, 2024 $0.12; Jun 27, 2024 $0.14; Sep 27, 2024 $0.04; Dec 24, 2024 $0.03; Mar 27, 2025 $0.02; Sep 25, 2025 $0.02. Use the arrow keys to read each point.2016201720182019202020212022202320242025
Ex-datePay dateAmount per share
Sep 25, 2025Sep 26, 2025$0.02
Mar 27, 2025Mar 28, 2025$0.02
Dec 24, 2024Dec 26, 2024$0.03
Sep 27, 2024Sep 30, 2024$0.04
Jun 27, 2024Jun 28, 2024$0.14
Mar 26, 2024Mar 28, 2024$0.12
Dec 27, 2023Dec 29, 2023$0.10
Sep 27, 2023Sep 29, 2023$0.0028
Jun 28, 2023Jun 30, 2023$0.02
Mar 29, 2023Mar 31, 2023$0.11
Dec 28, 2022Dec 30, 2022$0.23
Sep 28, 2022Sep 30, 2022$0.04

See all 40 payments⁠

$10,000 in WBIF 10 years ago paid $1,197 in dividends.⁠

WBIF Risk

Risk pillarB59 out of 100Rank 6 of 14 in Global Active Value
How much the fund’s monthly returns vary, scaled to a year.
13.3%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.65
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−20.3%
Trough Oct 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.11
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

WBIF Cost

Compare WBIF and AVGV

Overpaying vs AVGV, cheapest in Global Active Value

$23,683

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • WBIF 1.70%

    $29,041

  • AVGV 0.26% Cheapest

    $5,358

$10,000
30 years

Cost over time

  • WBIF 1.70%
  • AVGV 0.26%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530WBIF $29,041AVGV $5,358

Year by year

YearWBIFAVGVOverpaying
10$2,911$473$2,438
20$10,606$1,838$8,768
30$29,041$5,358$23,683
How the 1.70% is worked out

Full fee 1.82%− waiver 0.12%= you pay 1.70%

The waiver ends Oct 31, 2027. After that the fee is 1.82% unless WBI Shares renews it. Source: prospectus, Oct 2026.

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