WBILWBI BullBear Quality 3000 ETF
Seeks long-term capital appreciation and potential for current income.
WBI Investments · Since 2014 (11 years)
1.55%
#5251 out of 5,332 ETFs
$27M
#3889 out of 5,332 ETFs
0.05%
11 years
#1223 out of 5,332 ETFs
Performance
1 Year
+22.4%
3 Years
+10.2%
5 Years
+4.7%
What's inside
Top holdings
Risk profile
13.7%
Moderate
-25.3%
Worst peak-to-trough loss
0.51
Decent risk-adjusted returns
0.69
Moderate downside risk
Similar ETFs
Our 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
Data updated on 2026-05-05