MXDU

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 August 2019
Asset Under Management 106.01 Million (USD)
1 Month Total Return -1.26 %
Year To Date Return 18.02 %
1 Year Total Return 2.06 %
3 Year Annualized Total Return
NAV 29.2453
Share Outstanding 3,625,000
Top 10 Holdings (21 August 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
CHIPOTLE MEXICAN GRILL INC CMG EQUI 0.0172000000
NEWMONT GOLDCORP CORP NEM EQUI 0.0160000000
FACEBOOK INC-CLASS A FB EQUI 0.0156000000
CONSOLIDATED EDISON INC ED EQUI 0.0148000000
AUTOZONE INC AZO EQUI 0.0146000000
EDISON INTERNATIONAL EIX EQUI 0.0143000000
PUBLIC STORAGE PSA EQUI 0.0135000000
DEXCOM INC DXCM EQUI 0.0119000000
KROGER CO KR EQUI 0.0118000000
TWITTER INC TWTR EQUI 0.0117000000