EQTY vs WBIL
Kovitz Core Equity ETF vs WBI BullBear Quality 3000 ETF
Which is better, EQTY or WBIL?
EQTY has been ahead.
EQTY has a lower expense ratio. EQTY led over 1Y, 3Y and the full window. WBIL is less concentrated, with 23.3% of the fund in its ten largest positions against 42.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EQTY | WBIL |
|---|---|---|
| Expense Ratio | 0.99%Best | 1.55% |
| AUM | $1.4B | $28M |
| Dividend Yield | 0.02% | 0.04% |
| Holdings | 77 | 125 |
| YTD Return | +12.60%Best | +8.25% |
| 1Y Return | +16.37%Best | +7.18% |
| 3Y Return (annualized) | +19.06%Best | +9.15% |
| 5Y Return (annualized) | - | +4.55% |
| Volatility (annualized) | 12.8%Best | 13.9% |
| Max Drawdown | -17.3%Best | -25.3% |
| $10,000 over 3.9 years | $18,669Best | $13,292 |
| Top 10 Weight | 42.9% | 23.3%Best |
| Fund Family | Kovitz Investment Group | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 28, 2011 | Aug 25, 2014 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Dec 12, 2022 to Nov 11, 2026 (3.9 years).
EQTY vs WBIL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.9 years both funds cover.
EQTY vs WBIL Performance
Kovitz Core Equity ETF (EQTY) is an ETF from Kovitz Investment Group and WBI BullBear Quality 3000 ETF (WBIL) is an ETF from WBI Investments. Over the past year EQTY returned +16.37% while WBIL returned +7.18%. Year to date, EQTY is up 12.60% versus a gain of 8.25% for WBIL.
Over three years, EQTY compounded at +19.06% per year against +9.15% for WBIL. Across the full 4-year window we track, EQTY has the edge at +17.36% annualized vs +7.57%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WBIL has been the more volatile fund, with annualized monthly volatility of 13.9% compared with 12.8% for EQTY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.3% for EQTY and -25.3% for WBIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EQTY charges 0.99% per year while WBIL charges 1.55%. On a $10,000 position that is $99 vs $155 annually, a gap of $56 per year that compounds over a long holding period. On income, EQTY currently yields 0.02% against 0.04% for WBIL.
Holdings Overlap
19.3% of EQTY's money is in holdings WBIL also owns. 13.2% of WBIL's money is in holdings EQTY also owns.
EQTY and WBIL share little of their money.
7 positions in common, counted across the 37 positions we hold weights for in EQTY and 56 in WBIL, against full books of 77 and 125.
What only one of them owns
Our book lists 47 positions for WBIL that do not appear in our book for EQTY (79.1% of the fund), and 29 for EQTY that do not appear in WBIL (74.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EQTY | Weight in WBIL | Difference |
|---|---|---|---|
| VVisa Inc Class A | 4.89% | 2.08% | 2.81% |
| SCHWSchwab Strategic T | 4.30% | 2.01% | 2.29% |
| METAMeta Platforms Inc | 3.22% | 1.65% | 1.57% |
| PCARPaccar Inc. | 1.95% | 1.99% | 0.04% |
| ANETArista Networks, Inc | 1.79% | 1.98% | 0.19% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.57% | 1.99% | 0.42% |
| AMDAdvanced Micro Devices Inc | 1.61% | 1.54% | 0.07% |
You are not choosing between two funds in isolation.
Whichever of EQTY and WBIL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EQTY or WBIL?
EQTY has an expense ratio of 0.99% while WBIL charges 1.55%. EQTY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, EQTY or WBIL?
Over the past year EQTY returned +16.37% vs +7.18% for WBIL, so EQTY leads on 1-year performance. Over the longest common window we track (4 years), EQTY annualized +17.36% vs +7.57% for WBIL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EQTY or WBIL?
WBIL has been the more volatile fund at 13.9% annualized versus 12.8% for EQTY. Worst drawdown: EQTY -17.3% vs WBIL -25.3%.
Should I hold both EQTY and WBIL?
EQTY and WBIL have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EQTY and WBIL?
19.3% of EQTY's money is in holdings WBIL also owns. 13.2% of WBIL's is in holdings EQTY also owns. They hold 7 positions in common, counted across the 37 positions we hold weights for in EQTY and 56 in WBIL.
Which pays a higher dividend, EQTY or WBIL?
EQTY yields 0.02% while WBIL yields 0.04%, so WBIL currently pays the higher dividend yield.
Is WBIL better than EQTY?
EQTY has a lower expense ratio. EQTY led over 1Y, 3Y and the full window. WBIL is less concentrated, with 23.3% of the fund in its ten largest positions against 42.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.