MXDU

Nationwide Maximum Diversification U.S. Core Equity ETF
N/A

81
*Unless otherwise stated, data provided by FactSet.

MXDU Fund Description

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

MXDU Factset Analytics Insight

MXDU provides a portfolio of low-correlation US 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 MXDU 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.

MXDU 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 September 20, 2018 the Nationwide Maximum Diversification U.S. Core Equity ETF MSCI ESG Fund Quality Score is 4.79 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. MXDU ranks in the 15th percentile within its peer group and in the 24th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

MXDU 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 09/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MXDU 1.41% 3.94% 11.08% 19.41% -- -- --
MXDU (NAV) 1.78% 4.14% 12.29% 19.85% -- -- --
MSCI USA IMI 2.52% 5.61% 11.33% 19.19% 16.38% 13.37% 11.31%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MXDU Top 10 Countries

MXDU Top 10 Sectors

MXDU Top 10 Holdings [View All]

MXDU Summary Data

Nationwide
09/15/17
Open-Ended Fund
0.34%
$113.58M
$75.18K
0.15%

MXDU Portfolio Data

$85.33B
25.18
3.36
0.39%
N/A
494

MXDU Index Data

Technical
Principles-based
MSCI USA IMI

MXDU Portfolio Management

0.34%
--
--
--

MXDU Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

MXDU Fund Structure

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

MXDU Factset Analytics Block Liquidity

As of 09/21/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MXDU. MXDU is rated a 4 out of 5.

MXDU Tradability

2,443
$75.18K
100
$2.95K
0.15%
$0.04
-0.12%
4.49% / -4.62%
None
100.00%
50,000
0.00
0.03%
0.00%
--
$29.69
4

MXDU Sector/Industry Breakdown


MXDU
Segment Benchmark
21.64%
12.72%
18.62%
13.34%
14.95%
24.04%
12.11%
17.44%
11.73%
6.61%
6.13%
2.77%
4.98%
10.55%
4.33%
5.76%
3.78%
2.56%
1.83%
1.80%

MXDU TOP 10 HOLDINGS[View All]

Apple Inc. 1.58%
Kroger Co. 1.44%
13.96%

MXDU Countries


MXDU
Segment Benchmark
100.70%
99.93%
--
0.07%

MXDU Regions


MXDU
Segment Benchmark
100.70%
100.00%

MXDU Economic Development


MXDU
Segment Benchmark
100.00%
100.00%

MXDU Performance Statistics

0.93
0.90
0.90
0.89
0.19%
MSCI USA IMI

MXDU MSCI ESG Ratings

4.79 / 10
15.41
23.85
7.43%
6.20%
190.07

MXDU BENCHMARK COMPARISON HOLDINGS

494
2409
478
45.19%

MXDU BENCHMARK COMPARISON SUMMARY


MXDU
Segment Benchmark
494
2409
$85.33B
$189.94B
25.18
25.18
3.36
3.23
1.80%
1.74%
--
--

MXDU BENCHMARK COMPARISON MARKET CAP SIZE


MXDU
Segment Benchmark
70.58%
80.79%
29.42%
14.74%
0.00%
4.17%
0.00%
0.29%