| Fund Description |
| The Nationwide Maximum Diversification U.S. Core Equity ETF (the Fund ) seeks to track the total return performance, before fees and expenses, of the TOBAM Maximum Diversification USA Index (the Index ). The Index is a rules-based index that is designed to create a more diversified equity portfolio of the common and preferred stock of large and mid-capitalization U.S. companies relative to traditional market capitalization weighted benchmarks. The Index uses a quantitative model to weight companies in the Index universe to maximize the Diversification Ratio of the Index, a proprietary metric based on the volatility of each Index constituent and its correlation to the other Index constituents. |
| Fund Profile |
| Fund Name |
Nationwide Maximum Diversification US Core Equity ETF |
| Fund Exchange Ticker |
MXDU |
| Fund Sponsor |
Nationwide |
| Fund ISIN |
US26922A6516 |
| Net Expense Ratio |
0.34 % |
| Fund Inception Date |
15 September 2017 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
US Equities - Factor & Thematic |
| Asset Class |
Equities (Stocks) |
| Index Linked |
Passive |
| Index Name |
TOBAM Maximum Diversification USA Index |
| Index Provider |
TOBAM |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Developed Market Funds |
| Market Capitalization Range |
Large & Mid Cap |
| Growth Value |
Core / Blend |
| Continent |
North America |
| Key Statistics |
| Return As of Date |
21 January 2021 |
| Asset Under Management |
112.78 Million (USD) |
| 1 Month Total Return |
3.72 % |
| Year To Date Return |
4.54 % |
| 1 Year Total Return |
23.64 % |
| 3 Year Annualized Total Return |
14.90 % |
| NAV |
38.5577 |
| Share Outstanding |
2,925,000 |