ETF Evaluator:
WBI BullBear Yield 3000 ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Tactical Allocation Over the Last Year
| 31.2% | Relative Sentiment Tactical Allc ETF (MOOD) |
| 27.5% | RH Tactical Rotation ETF (RHRX) |
| 25.2% | Cambria Global Momentum ETF (GMOM) |
| 24.3% | STF Tactical Growth ETF (TUG) |
| 23.1% | Alexis Practical Tactical ETF (LEXI) |
Risk
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Risk
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ETF Details
WBI BullBear Yield 3000 ETF Overview
WBI BullBear Yield 3000 ETF (WBIG) is an actively managed Allocation Tactical Allocation exchange-traded fund (ETF). WBI Investments launched the ETF in 2014.
The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions.
The fund will seek to invest in the equity securities of small-capitalization, mid-capitalization, and large capitalization domestic and foreign companies that the sub-advisor to the fund and an affiliate of the advisor, believes display attractive prospects for growth in a company's intrinsic value, and in other tactical investment opportunities. It may invest up to 50% of its net assets in the securities of issuers in emerging markets.
About WBI BullBear Yield 3000 ETF (WBIG)
There are 2 members of the management team with an average tenure of 6.96 years: Donald Schreiber (2014) and Matthew Schreiber (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. WBI BullBear Yield 3000 ETF has 83 securities in its portfolio. The top 10 holdings constitute 20.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
WBI BullBear Yield 3000 ETF is part of the Allocation global asset class and is within the Allocation ETF group. WBI BullBear Yield 3000 ETF has 4.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 79.6% There is 2.5% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 11.5% (9.4% domestic bond, 2.2% foreign bond and 0.0% convertible bond). WBI BullBear Yield 3000 ETF has 6.3% of the portfolio in cash.
Assets Under Management
The fund has $31 million in total assets, which is below the $144 million average for the Tactical Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
WBIG Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WBI BullBear Yield 3000 ETF expense ratio is high compared to funds in the Tactical Allocation category. WBI BullBear Yield 3000 ETF has an expense ratio of 1.59%, which is 63% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. WBI BullBear Yield 3000 ETF has a portfolio turnover rate of 799%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 261% for the Tactical Allocation category.
Recently, in the month of July 2026, WBI BullBear Yield 3000 ETF returned 0.9%, which earned it a grade of A, as the Tactical Allocation category had an average return of -1.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
WBI BullBear Yield 3000 ETF has a trailing yield of 0.99%, which is below the 2.15% category average.
The fund normally distributes its income monthly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
WBI BullBear Yield 3000 ETF Grades
Year to date, the ETF has returned 12.2%, 4.7 percentage points better than the category, which translates into a grade of B. The fund has returned 20.2% over the past year (grade of B), 5.2% over the past three years (grade of F) and 1.6% per year over the past five years (grade of F) and 4.2% per year over the past 10 years (grade of F).
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WBIG Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| WBIG Return (NAV) | 0.9% | 7.0% | 20.2% | 5.2% | 1.6% | 4.2% |
| WBIG Return (Price) | 1.1% | 7.0% | 20.5% | 5.3% | 1.6% | 4.2% |
| NAV +/- Price Return | -0.203% | -0.011% | -0.279% | -0.054% | -0.019% | -0.014% |
| Tactical Allocation Avg | -1.4% | 1.6% | 15.9% | 10.6% | 5.4% | 7.4% |
| WBIG Grade (NAV) | A | A | B | F | F | F |
| +/- Category (NAV) | 2.3% | 5.4% | 4.3% | -5.4% | -3.9% | -3.2% |
| WBIG Tax-Cost Ratio | na | na | 0.4% | 0.7% | 0.7% | 0.6% |
WBIG Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| WBIG Return (NAV) | 12.2% | -0.7% | 5.7% | -2.3% | -7.8% | 15.8% | -3.5% | 7.4% | -8.0% | 25.0% | -2.2% |
| WBIG Return (Price) | 12.1% | -0.4% | 5.9% | -2.7% | -7.7% | 16.0% | -3.3% | 7.1% | -8.2% | 25.4% | -2.7% |
| NAV +/- Price Ret | -0.004% | -0.438% | 0.027% | 0.149% | -0.015% | 0.014% | -0.045% | -4.1% | 3.3% | 1.8% | 24.9% |
| Tactical Allocation Avg | 7.5% | 12.7% | 11.7% | 10.7% | -13.3% | 16.9% | 7.5% | 14.0% | -6.3% | 19.2% | 7.1% |
| WBIG Grade (NAV) | B | F | D | F | B | C | F | F | C | A | F |
| +/- Category | 4.7% | -13.4% | -6.0% | -13.1% | 5.5% | -1.1% | -10.9% | -6.6% | -1.7% | 5.8% | -9.3% |
| Risk Measures | |
| Beta: | 0.99 |
| R-Squared: | 60% |
| Standard Deviation: | 11.9% |
| Category Risk Index: | 1.01 |
| Category Risk Rating: | Above Average |
| Total Risk Index: | 0.97 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 1.0% |
| Total Assets: | $ 31 Mil |
| Share Class Assets: | $ 31 Mil |
| Turnover: | 799.0% |
| Expense Ratio: | 1.59% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 11.9 years | |||
| Average Tenure: 7.0 years | |||
| Managers (Year): Schreiber Donald (2014), Schreiber Matthew (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 83 |
| % in Top 10 Holdings: | 20.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 4.7% |
Portfolio Allocation |
|
| Domestic Stock: | 79.6% |
| Foreign Stock: | 2.5% |
| Preferred Stock: | 0.1% |
| Domestic Bond: | 9.4% |
| Foreign Bond: | 2.2% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 6.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WBI Investments |
| Phone Number: | 855-924-3837 |
| Website: | www.wbishares.com |
| Inception Date: | August 25, 2014 |
Expenses and Fees
| Expense Ratio (%): | 1.59% (Rating: High) |
| Category Average Expense Ratio (%): | 0.97% |
