MXDE

Nationwide Maximum Diversification Emerging Markets Core Equity ETF
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65
*Unless otherwise stated, data provided by FactSet.

MXDE Fund Description

MXDE tracks an index of emerging-market companies, excluding those with business practices that contradict certain socially responsible investment values. The fund is optimized to maximize a proprietary measure of diversification.

MXDE Factset Analytics Insight

MXDE provides a portfolio of low-correlation emerging-market stocks while excluding firms that do not align with the index provider’s definition of socially responsible investing principles. The fund’s index screens the eligible universe of large- and midcap companies, removing those involved in the production of controversial weapons, tobacco, or coal, and those engaged in human rights violations, environmental damage, corruption, or other serious ethical violations. Next, the index uses a mathematical model to minimize the covariance between its constituents, resulting in a portfolio of stocks with low or negative correlations to each other. This is the “maximum diversification” alluded to in the fund’s name—but note that MXDE may not be especially diversified by more traditional measures, and holds a fraction of the names in our segment benchmark index. The model applies constraints to ensure that the portfolio does not stray too far from market weights, but these are loose enough that significant tilts are still possible. The index is reconstituted quarterly.

MXDE MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of May 23, 2019 the Nationwide Maximum Diversification Emerging Markets Core Equity ETF MSCI ESG Fund Quality Score is 3.06 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. MXDE ranks in the 16th percentile within its peer group and in the 8th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

MXDE CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 05/23/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MXDE -5.26% -4.54% 1.50% -12.29% -- -- --
MXDE (NAV) -6.18% -5.21% 0.29% -12.06% -- -- --
MSCI Emerging Markets Investable Market Index -9.31% -6.44% 2.37% -11.47% 9.52% 1.04% 5.30%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MXDE Top 10 Countries

MXDE Top 10 Sectors

MXDE Top 10 Holdings [View All]

MXDE Summary Data

Nationwide
03/26/18
Open-Ended Fund
0.64%
$25.49M
$1.67K
0.28%

MXDE Portfolio Data

$20.60B
22.87
2.12
1.36%
N/A
304

MXDE Index Data

TOBAM Maximum Diversification Emerging Index
Technical
Principles-based
MSCI Emerging Markets Investable Market Index

MXDE Portfolio Management

0.64%
--
--
--

MXDE Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

MXDE Fund Structure

Open-Ended Fund
No
Yes
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

MXDE Factset Analytics Block Liquidity

As of 05/24/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MXDE. MXDE is rated a 1 out of 5.

MXDE Tradability

77
$1.67K
0
0
0.28%
$0.06
0.35%
5.20% / -3.78%
None
16.00%
100,000
0
0.34%
2.49%
--
$21.11
1

MXDE Sector/Industry Breakdown


MXDE
Segment Benchmark
18.79%
25.63%
13.87%
7.50%
12.60%
26.72%
11.14%
6.20%
9.32%
2.87%
8.38%
3.91%
7.49%
5.96%
6.23%
7.88%
5.99%
7.35%
3.92%
2.65%

MXDE TOP 10 HOLDINGS[View All]

1.46%
1.38%
1.30%
1.28%
1.27%
1.15%
1.06%
1.05%
1.04%
0.96%
11.95%

MXDE Countries


MXDE
Segment Benchmark
22.46%
9.86%
13.94%
22.20%
12.26%
12.16%
11.71%
13.52%
9.66%
7.17%
8.03%
2.49%
3.02%
2.17%
2.99%
2.66%
2.80%
8.17%
2.77%
2.27%

MXDE Regions


MXDE
Segment Benchmark
79.48%
74.02%
13.41%
11.42%
4.69%
6.01%
2.28%
7.76%
0.14%
0.78%

MXDE Economic Development


MXDE
Segment Benchmark
60.59%
50.74%
39.41%
49.26%

MXDE Performance Statistics

0.90
0.82
0.82
0.89
0.31%
MSCI Emerging Markets Investable Market Index

MXDE MSCI ESG Ratings

3.06 / 10
16.18
8.31
4.06%
5.69%
169.18

MXDE BENCHMARK COMPARISON HOLDINGS

304
2639
278
27.84%

MXDE BENCHMARK COMPARISON SUMMARY


MXDE
Segment Benchmark
304
2639
$20.60B
$85.43B
22.87
13.21
2.12
1.61
2.12%
2.59%
Low
Low

MXDE BENCHMARK COMPARISON MARKET CAP SIZE


MXDE
Segment Benchmark
36.15%
59.01%
49.47%
27.88%
14.38%
10.90%
0.00%
2.22%