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ISIN
US00400R8097
CUSIP
00400R809
Issuer
WBI
Inception Date
Sep 3, 2014
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$32M

Share Price Chart


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Performance

WBIL Performance Chart

WBI BullBear Quality 3000 ETF (WBIL) is up 14.8% since the beginning of the year. WBIL is currently trading at $40 per share. Investors who bought $1,000 worth of WBIL shares 5 years ago would now be looking at an investment worth $1,361.


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S&P 500 Index

Returns By Period

WBI BullBear Quality 3000 ETF (WBIL) has returned 14.80% so far this year and 27.40% over the past 12 months. Over the last ten years, WBIL has returned 7.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


WBI BullBear Quality 3000 ETF

1D
-0.08%
1M
4.89%
YTD
14.80%
6M
12.99%
1Y
27.40%
3Y*
11.97%
5Y*
6.36%
10Y*
7.06%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WBIL Monthly Returns History

Based on dividend-adjusted daily data since Aug 27, 2014, WBIL's average daily return is +0.02%, while the average monthly return is +0.43%. At this rate, an investment would double in approximately 13.5 years.

Historically, 57% of months were positive and 43% were negative. The best month was Nov 2016 with a return of +9.9%, while the worst month was Mar 2025 at -8.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.

On a daily basis, WBIL closed higher 53% of trading days. The best single day was Mar 5, 2021 with a return of +3.2%, while the worst single day was Apr 4, 2025 at -7.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.06%2.39%-7.61%7.26%9.89%0.88%14.80%
20252.30%-3.36%-8.16%-6.07%4.20%4.73%0.20%0.55%4.77%2.43%0.18%-1.26%-0.47%
20241.19%7.40%3.23%-5.59%2.63%-0.65%2.23%1.15%-0.95%2.74%5.70%-5.70%13.29%
20231.79%-0.99%-0.45%0.34%-0.07%5.00%3.01%1.59%-5.97%-2.22%5.90%3.87%11.79%
2022-1.23%-0.02%1.57%-6.12%1.09%-2.57%2.16%-2.72%-3.51%3.09%2.96%-4.24%-9.60%
20211.84%0.79%5.90%4.62%2.10%-0.45%1.42%2.15%-7.66%5.54%-2.78%4.60%18.67%

Benchmark Metrics

WBI BullBear Quality 3000 ETF has an annualized alpha of -0.56%, beta of 0.46, and R2 of 0.44 versus S&P 500 Index. Calculated based on daily prices since August 27, 2014.

  • This ETF participated in 81.83% of S&P 500 Index downside but only 57.51% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.46 may look defensive, but with R2 of 0.44 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.44 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
-0.56%
Beta
0.46
0.44
Upside Capture
57.51%
Downside Capture
81.83%

Expense Ratio

WBIL has a high expense ratio of 1.23%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

WBIL ranks 57 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


WBIL Risk / Return Rank: 5757
Overall Rank
WBIL Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
WBIL Sortino Ratio Rank: 5353
Sortino Ratio Rank
WBIL Omega Ratio Rank: 5252
Omega Ratio Rank
WBIL Calmar Ratio Rank: 5858
Calmar Ratio Rank
WBIL Martin Ratio Rank: 6666
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for WBI BullBear Quality 3000 ETF (WBIL) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


WBILBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.23

Sortino ratioReturn per unit of downside risk

-0.26

Omega ratioGain probability vs. loss probability

1.32

1.37

-0.05

Calmar ratioReturn relative to maximum drawdown

2.79

2.78

+0.01

Martin ratioReturn relative to average drawdown

11.74

12.44

-0.70

Dividends

Dividend History

WBI BullBear Quality 3000 ETF provided a 0.04% dividend yield over the last twelve months, with an annual payout of $0.02 per share.


0.00%0.50%1.00%1.50%2.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.02$0.02$0.03$0.09$0.29$0.63$0.05$0.20$0.18$0.23$0.14$0.04

Dividend yield

0.04%0.05%0.07%0.29%1.03%2.02%0.19%0.73%0.75%0.83%0.58%0.20%

Monthly Dividends

The table displays the monthly dividend distributions for WBI BullBear Quality 3000 ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02$0.02
2024$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.00$0.03
2023$0.00$0.00$0.08$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.09
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05$0.00$0.00$0.23$0.29
2021$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.08$0.00$0.00$0.51$0.63

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the WBI BullBear Quality 3000 ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the WBI BullBear Quality 3000 ETF was 25.30%, occurring on Apr 21, 2025. Recovery took 274 trading sessions.

The current WBI BullBear Quality 3000 ETF drawdown is 2.17%.


Related event

Drawdown

Fall

Recovery

Underwater

2025 selloff2025
-25.30%Apr 2025
4mo 13d1y 1mo
1y 5moDec 2024 - May 2026
2016 correction2016
-18.00%Nov 2016
2y 1mo7mo
2y 8moSep 2014 - Jun 2017
2019 correction2019
-15.09%Jan 2019
12mo 4d2y 1mo
3y 1moJan 2018 - Mar 2021
Bear market2022
-14.35%Oct 2022
8mo 29d1y 3mo
2y 11dJan 2022 - Jan 2024
2024 pullback2024
-8.49%Aug 2024
4mo 6d2mo 5d
6mo 11dApr 2024 - Oct 2024

Drawdown Indicators


WBILBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-25.30%

-56.78%

+31.48%

Max Drawdown (1Y)

Largest decline over 1 year

-9.85%

-9.10%

-0.75%

Max Drawdown (3Y)

Largest decline over 3 years

-25.30%

-18.90%

-6.40%

Max Drawdown (5Y)

Largest decline over 5 years

-25.30%

-25.43%

+0.13%

Max Drawdown (10Y)

Largest decline over 10 years

-25.30%

-33.92%

+8.62%

Current Drawdown

Current decline from peak

-2.17%

-1.80%

-0.37%

Average Drawdown

Average peak-to-trough decline

-6.96%

-10.71%

+3.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.34%

2.03%

+0.31%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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