WBI BullBear Yield 3000 ETF (WBIG)

On our desk, we are closely tracking WBIG's turnover metrics. Operating with an annualized portfolio turnover rate hovering near 799% dwarfs the tactical allocation category average of 261%. While the fund managed to pull off an impressive grade of A in July 2026 by returning 0.9% against a category average drop of 1.4%, this level of hyper-activity introduces serious frictional costs and tax drag that long-term allocators need to bake into their models.

Looking at WBIG's multi-year performance profile across the data, the picture is quite polarized. While its 1-year trailing NAV total return sits at a solid 20.2% as of July 2026, its longer-term annualized numbers over 3, 5, and 10 years lag behind peers, yielding category grades of F. Investors looking at the $32.75M market cap fund need to weigh whether the recent short-term alpha justifies the persistent historical lag against category averages.

When building technical allocation models around active global equity ETFs like WBIG, I pay close attention to structural asset concentration. The top 10 holdings represent roughly 19.87% to 20.11% of total assets, featuring a mix of dividend-focused equities and fixed-income overlay components like WisdomTree and Angel Oak vehicles. Evaluating these underlying weights is critical for stress-testing how the fund handles macro shocks like sticky inflation or shifts in monetary policy.