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WBIL

GradeDNew York Stock Exchange Arca

WBI BullBear Quality 3000 ETF

Active Equity · WBI Shares · Inception 2014-08-25 · SEC filings

$40.05−0.01 (−0.03%)

As of Sep 23, 2026, 3:09 PM EDT

Intraday session: down, 66 prints from 40.07 to 40.05. Range 39.98 to 40.22. Use the arrow keys to read each point.$40.00$40.10$40.2010 AM12 PM2 PM4 PM
Expense ratio
1.65%
Fund size
$30M
1Y return
+16.0%
Yield · Last 12 months
0.04%
Volume · 30D
0M sh
NAV per share
$40.07
52W range
low $32.84high $41.82

The ETF.net WBIL Grade

D

35/ 100

Rank 102 of 127 in US Active Equity

Confidence High

Six-pillar profile for WBIL. Scores out of 100: Cost 4, Risk 35, Mission 69, Tradability 61, Holdings 78, Durability 56. Strongest: Holdings (78). Weakest: Cost (4). Leans toward Holdings.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 35 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 4
    Category rank122/127 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 69
    Category rank34/48 · mid-pack
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 35
    Category rank96/126 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 61
    Category rank42/127 · top 33%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 78
    Category rank23/124 · top 19%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 56
    Category rank66/127 · mid-pack

Graded as of Sep 22, 2026

Our read on WBIL

ETF.net Research

DMost equity funds ride the drop out. WBIL is built to sell into it: nightly quality screens pick the names, a tightening trailing stop decides when they go, and cash counts as a position. An active, risk-managed spin on the Russell 3000 universe, priced accordingly.

Stated mandate

The Fund seeks long-term capital appreciation and potential current income while also seeking to protect principal during unfavorable market conditions.

Why people hold it

  1. 01Stock picks come from nightly screens for quality fundamentals, reasonable value, positive revenue and earnings trends, and price momentum, not index weights.wbietfs.comwbietfs.com
  2. 02Every holding gets a price goal and a stop allowance at purchase. The stop tightens as the stock climbs; if it is hit, the position is sold.wbietfs.com
  3. 03Cash is a deliberate output. When the trend models flag risk, the process builds cash instead of staying fully invested.wbietfs.com
  4. 04Running since 2014, from a manager that has used trend models for decades, so the discipline has been through real bear markets.wbishares.com

Worth knowing

  1. 01At 1.45% a year, this is a premium price tag. Core active rivals like DFAU and FELC charge a small fraction of that.
  2. 02Small asset base and light trading volume mean wider spreads and more price impact on large orders than a mainstream core fund.
  3. 03Selling into weakness cuts both ways: stops can exit just before a rebound, and turnover runs high. Payouts come annually or semiannually, not quarterly.wbietfs.com

WBIL Holdings

As of Sep 20, 2026, 9:16 AM
Asset class
Stocks
Holdings
Top-10 weight
28%
Largest holding
Cash & Other7.7%

Sectors

  • Technology38.5%
  • Industrials17.4%
  • Consumer Discr.12.9%
  • Health Care10.7%
  • Financials8.1%
  • Energy4.4%
  • Materials3.4%
  • Cons. Staples2.8%
  • Communication1.8%

Geography

  • United States91.31%
  • Ireland3.03%
  • Australia2.47%
  • Israel2.29%
  • Uruguay0.90%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001Cash & Other7.74%2,293,357$2M674
002DELLDell Technologies Inc2.62%1,369$778K427
003GTLBGitlab Inc2.38%14,353$707K115
004TEAMAtlassian Corp2.27%3,509$674K201
005ZSZscaler Inc2.20%3,312$653K219
006SMCISuper Micro Computer Inc2.20%16,716$653K265
007MUMicron Technology Inc2.19%639$649K655
008PSXPhillips 662.15%2,334$637K368
009VEEVVeeva Systems Inc2.10%2,387$621K314
010WIXWix.com Ltd2.08%7,850$616K65
011NTAPNetApp Inc2.06%3,082$610K410
012CMECME Group Inc2.04%2,196$606K361
013ANETArista Networks Inc2.04%3,033$605K490
014TRGPTarga Resources Corp2.04%2,069$605K340
015AMGNAmgen Inc2.03%1,558$601K470

Showing 1–15 of 61 holdings

WBIL Performance

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

WBIL$11,602
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. WBIL $11,602. SPY $11,723. Use the arrow keys to read each point.$9,305$10,809$12,312Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 WBIL. Periods over one year show the average yearly return.
PeriodWBIL
Year to date+15.2%
1 month−1.3%
3 months+0.3%
1 year+16.0%
3 years+11.3%per year
5 years+6.5%per year
10 years+7.1%per year

As of the close, 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 WBIL
YearReturn barWBIL
2026 YTD+15.2%
2025−0.5%
2024+13.3%
2023+11.8%
2022−9.6%
2021+18.7%
2020−2.2%

WBIL in the news

ETF.net Research hasn’t filed on WBIL yet — coverage lands here as it’s written.

WBIL 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 Sep 22, 2026.
0.04%Last 12 months
Payout per share
$0.02Last 12 months
Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2017–2026

One bar per payment. 24 payments from 2017 to 2026 YTD. Mar 14, 2017 $0.04; Jun 27, 2017 $0.10; Sep 19, 2017 $0.04; Dec 28, 2017 $0.04; Mar 13, 2018 $0.04; Jun 26, 2018 $0.09; Sep 18, 2018 $0.05; Dec 28, 2018 $0.04; Mar 12, 2019 $0.06; Jun 25, 2019 $0.05; Sep 17, 2019 $0.03; Dec 30, 2019 $0.07; Mar 17, 2020 $0.02; Sep 15, 2020 $0.02; Dec 29, 2020 $0.008; Mar 16, 2021 $0.03; Sep 27, 2021 $0.08; Dec 29, 2021 $0.51; Sep 28, 2022 $0.05; Dec 28, 2022 $0.23; Mar 29, 2023 $0.08; Dec 27, 2023 $0.01; Jun 27, 2024 $0.03; Dec 18, 2025 $0.02. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 18, 2025Dec 19, 2025$0.02
Jun 27, 2024Jun 28, 2024$0.03
Dec 27, 2023Dec 29, 2023$0.01
Mar 29, 2023Mar 31, 2023$0.08
Dec 28, 2022Dec 30, 2022$0.23
Sep 28, 2022Sep 30, 2022$0.05
Dec 29, 2021Dec 31, 2021$0.51
Sep 27, 2021Sep 29, 2021$0.08
Mar 16, 2021Mar 18, 2021$0.03
Dec 29, 2020Dec 31, 2020$0.008
Sep 15, 2020Sep 17, 2020$0.02
Mar 17, 2020Mar 19, 2020$0.02

WBIL Risk

How much the fund’s monthly returns vary, scaled to a year.
15.1%
Annualised · 36 months to Aug 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.
0.42
vs 3-month T-bills · to Aug 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.
−25.3%
Trough Apr 2025
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.
1.19
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.

WBIL Cost

Expense ratio1.65%
  • The middle half of US Active Equity funds
  • Median 0.70%

116 of the 124 US Active Equity funds charge less.

WBIL costs $165.00 a year on $10,000. The median US Active Equity fund costs $70.00.