“WBII has outperformed the fund’s blended benchmark by 1.59% (1.10% vs.-0.49%). From inception (8/27/14) through year-end (12/31/14) WBII also outperformed the fund’s blended benchmark 0.66% vs. -0.80%,” according to WBI. “Most importantly, WBII had low bear correlation (0.28) relative to the index, which helped to produce a Sharpe Ratio of 1.09 since inception. If you are looking for a flexible income ETF, WBI Tactical Income may be an alternative that has lower volatility, correlation, and risk to capital than a passive approach.”
The ETF’s equity holdings currently include Waste Management (NYSE: WM), General Motors (NYSE: GM) and Johnson Controls (NYSE: JCI). [An Active Income Approach]
At the end of the third quarter, WBII had nearly $147 million in assets under management, an impressive sum when considering more than 90 of the roughly 200 ETFs launched last year did not amass $10 million in assets by the end of the year. [Another Decent Year for New ETFs]
WBI Tactical Income Shares
