MXDE

Nationwide Maximum Diversification Emerging Markets Core Equity ETF
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60
*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

Nationwide Maximum Diversification Emerging Markets Core Equity ETF has an MSCI ESG Fund Rating of BB based on a score of 3.27 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. Nationwide Maximum Diversification Emerging Markets Core Equity ETF ranks in the 11st percentile within its peer group and in the 16th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

MXDE Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MXDE 2.89% -1.28% 4.72% -2.83% -- -- --
MXDE (NAV) 2.06% -1.53% 3.71% -2.88% -- -- --
MSCI Emerging Markets Investable Market Index 4.09% -1.12% 6.90% 0.44% 6.14% 1.40% 3.46%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MXDE Summary Data

Nationwide
03/26/18
Open-Ended Fund
0.64%
$26.38M
$7.08K
0.28%

MXDE Portfolio Data

$20.90B
24.64
1.93
1.32%
N/A
303

MXDE Index Data

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

MXDE Portfolio Management

0.64%
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--
--

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 -

MXDE Factset Analytics Block Liquidity

As of 09/20/19
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

305
$7.08K
0
0
0.28%
$0.06
0.18%
2.07% / -3.78%
None
17.00%
100,000
0
0.33%
9.00%
0
$21.83
1

MXDE Sector/Industry Breakdown


MXDE
Segment Benchmark
19.52%
27.21%
13.54%
7.07%
13.33%
7.42%
12.25%
26.81%
8.53%
4.09%
7.94%
6.40%
7.81%
3.02%
6.43%
7.34%
5.57%
3.22%
5.07%
7.42%

MXDE Top 10 Holdings[View All]

1.82%
1.56%
1.40%
1.40%
1.34%
1.16%
1.09%
1.08%
1.04%
0.98%
12.87%

MXDE Countries


MXDE
Segment Benchmark
21.55%
9.16%
12.77%
20.98%
12.44%
12.12%
10.58%
12.15%
10.47%
8.16%
8.84%
3.21%
3.45%
2.26%
3.36%
2.48%
2.95%
5.79%
2.79%
8.12%

MXDE Regions


MXDE
Segment Benchmark
77.12%
71.44%
14.23%
12.37%
5.29%
6.21%
2.95%
9.17%
0.41%
0.81%

MXDE Economic Development


MXDE
Segment Benchmark
61.99%
53.28%
38.01%
46.72%

MXDE Performance Statistics

0.88
0.78
0.79
0.82
0.33%
MSCI Emerging Markets Investable Market Index

MXDE MSCI ESG Ratings

BB
3.27 / 10
16.24
11.03
4.98%
3.53%
161.18

MXDE Benchmark Comparison Holdings

303
2765
281
27.80%

MXDE Benchmark Comparison Summary


MXDE
Segment Benchmark
303
2765
$20.90B
$82.54B
24.64
13.76
1.93
1.52
2.23%
2.84%
Low
Low

MXDE Benchmark Comparison Market Cap Size


MXDE
Segment Benchmark
35.74%
58.94%
50.07%
27.29%
14.19%
11.38%
0.00%
2.39%