WBILWBI BullBear Quality 3000 ETF
Seeks long-term capital appreciation and potential for current income.
By WBI Investments · Launched 2014
1.55%
#5,476 of 5,562 · expensive
$31M
#4,030 of 5,562 · small
0.04%
11 years
#1,216 of 5,562 · established
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeStrategy
Option income
What it actually holds
By weightConcentration
Top 10 holdings = 30.6% of fund✓ well diversified
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks long-term capital appreciation and potential for current income.
- Strategy
- Invests primarily in equity securities of small-, mid-, and large-cap domestic and foreign companies with growth potential. Employs a systematic buy and sell discipline based on quantitative screening and technical analysis, with a focus on managing volatility and risk. May also invest in debt securities, options strategies, and up to 50% in emerging markets.
- Inception date
- August 25, 2014
- Fund family
- WBI Investments
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19