Nationwide Etf Profile
The performance scores are derived for the period starting the 16th of December 2024 and ending today, the 16th of March 2025. Click here to learn more.
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RefreshNationwide Etf Highlights
| Old Name | Nationwide Dow Jones Risk-Managed Income ETF |
| Business Concentration | Derivative Income, Nationwide (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 2.68 |
| Name | Nationwide Dow Jones Risk-Managed Income ETF |
| Currency Code | USD |
| Open Figi | BBG0145JF097 |
| 1y Volatility | 11.41 |
| 200 Day M A | 20.4634 |
| 50 Day M A | 21.1594 |
| Code | NDJI |
| Updated At | 6th of March 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Nationwide [NDJI] is traded in USA and was established 2021-12-16. The fund is listed under Derivative Income category and is part of Nationwide family. Nationwide now have 27.78 M in assets. , while the total return for the last year was 12.7%.
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Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nationwide Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nationwide Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nationwide Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Nationwide Etf Constituents
| AGPXX | Invesco Short Term Investments | Money Market Fund | US Money Market Fund | |
| AMGN | Amgen Inc | Stock | Health Care | |
| CAT | Caterpillar | Stock | Industrials | |
| GS | Goldman Sachs Group | Stock | Financials | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| HON | Honeywell International | Stock | Industrials | |
| MCD | McDonalds | Stock | Consumer Discretionary | |
| MSFT | Microsoft | Stock | Information Technology |
Nationwide Against Markets
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Nationwide Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nationwide etf to make a market-neutral strategy. Peer analysis of Nationwide could also be used in its relative valuation, which is a method of valuing Nationwide by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Tools for Nationwide Etf
When running Nationwide's price analysis, check to measure Nationwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nationwide is operating at the current time. Most of Nationwide's value examination focuses on studying past and present price action to predict the probability of Nationwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nationwide's price. Additionally, you may evaluate how the addition of Nationwide to your portfolios can decrease your overall portfolio volatility.
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