RBINNationwide Risk-Based International Equity ETF
RBIN Fund Description
RBIN tracks an index of large-cap stocks from developed countries, excluding US and Canada, that are selected and weighted for lower portfolio risk.
RBIN Factset Analytics Insight
RBIN aims for lower portfolio risk. The index begins its selection universe with large-cap companies domiciled in developed markets, ex-US and Canada, that meet its liquidity screens. Eligible companies are then evaluated for marginal risk contribution, which is determined by each stock’s volatility and correlation to the pool of other eligible stocks during the last year. Half of the companies with the lowest calculated risk are selected for inclusion. Using correlation to other selected companies, all included securities are weighted so that each contributes an equal amount of marginal risk to the index with a 5% capping constraint for any individual security. Overall, RBIN seeks an increased Sharpe ratio and a lower maximum drawdown during market declines. The index constituents are rebalanced quarterly.
RBIN MSCI ESG Analytics Insight
Nationwide Risk-Based International Equity ETF has an MSCI ESG Fund Rating of AA based on a score of 7.65 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 Risk-Based International Equity ETF ranks in the 86th percentile within its peer group and in the 54th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
RBIN MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
RBIN Summary Data
RBIN Portfolio Data
RBIN Index Data
RBIN Portfolio Management
RBIN Tax Exposures
RBIN Fund Structure
RBIN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RBIN. RBIN is rated a 4 out of 5.
RBIN Top 10 Holdings[View All]
RBIN Economic Development
RBIN Performance Statistics
RBIN MSCI ESG Ratings
RBIN Benchmark Comparison Summary
RBIN Benchmark Comparison Market Cap Size