WBI BullBear Quality 3000 ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$33.56
- Net Assets:$0 Million
- NAV:$33.86
- Premium-0.89%
- Peer Rank:27 of 298
- Investment Rating:B
- Performance:B-
- RiskC+
We rate WBI BullBear Quality 3000 at B. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a greater than above average total return, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Global Equity strategy.
Total return ranks above peers over the last three years. The WBI BullBear Quality 3000 has returned an annual rate of 3.71% since inception. More recently, the fund has generated a total return of 6.68% in the last five years, 7.77% in the last three years, and 20.10% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 56% of them. It has also outpaced 74% of its competitors on a three year basis and 78% of them over the last year for the period ending 2/29/2024. On a year to date basis, WBIL has returned 9.51%.
Downside risk has been below average. WBIL has a draw down risk of -13.66%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 12.7%. This fund has had moderate volatility in its monthly performance over the last 36 months.
High expense ratio hinders performance. As WBIL is an exchange traded fund, it has no front end or back end load.
The WBI BullBear Quality 3000 is managed by Donald R. Schreiber, Jr. at Millington Securities Inc. This fund is one of 4 Millington Securities Inc exchange-traded funds launched since 8/25/2014 that we track.