WBI Power Factor High Dividend ETF (WBIY)
WBI Power Factor High Dividend ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Red Bank, NJ, US. The stock last traded at $34.92, up 7.48% on the session, giving a market capitalisation of $60.9M. Its beta of 0.72 implies it has historically moved less than the broad market.
Typically, the fund allocates a minimum of 80% of its total capital to the holdings of its benchmark index. This benchmark is specifically structured to identify and include companies from the Solactive US Broad Market Index that demonstrate particular characteristics related to dividend yield and fundamental value. The broader Solactive US Broad Market Index, from which these selections are made, encompasses U.S.-listed equities across large, mid, and small capitalizations, generally comprising the 3,000 largest American enterprises. Its constituents are chosen and weighted based on their free float market capitalization.
WBI Power Factor High Dividend ETF is most often compared with the following Financial Services names: