Nationwide Etf Profile
The performance scores are derived for the period starting the 26th of September 2024 and ending today, the 25th of December 2024. Click here to learn more.
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RefreshNationwide Etf Highlights
Old Name | Nationwide Risk-Based U.S. Equity ETF |
Business Concentration | Large Blend, Nationwide (View all Sectors) |
Nav Price | 37.49 |
Two Hundred Day Average | 39.29 |
Ytd | -10.48% |
Average Daily Volume In Three Month | 1.82k |
Fifty Two Week Low | 36.77 |
As Of Date | 11th of May 2022 |
Average Daily Volume Last 10 Day | 2.13k |
Fifty Two Week High | 41.27 |
One Month | -7.42% |
Fifty Day Average | 38.76 |
Three Month | -4.32% |
Beta In Three Year | 0.86 |
Nationwide [RBUS] is traded in USA and was established 2017-09-15. The fund is listed under Large Blend category and is part of Nationwide family. Nationwide at this time have 112.18 M in assets. , while the total return for the last 3 years was 11.33%.
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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
NEE | Nextera Energy | Stock | Utilities | |
ED | Consolidated Edison | Stock | Utilities | |
STZ | Constellation Brands Class | Stock | Consumer Staples | |
KR | Kroger Company | Stock | Consumer Staples | |
XEL | Xcel Energy | Stock | Utilities | |
VZ | Verizon Communications | Stock | Communication Services | |
K | Kellanova | Stock | Consumer Staples | |
AZO | AutoZone | Stock | Consumer Discretionary |
Nationwide Top Holders
GAFRX | Nationwide Investor Destinations | Mutual Fund | Allocation--85%+ Equity | |
NDAAX | Nationwide Investor Destinations | Mutual Fund | Allocation--85%+ Equity | |
NDASX | Nationwide Investor Destinations | Mutual Fund | Allocation--85%+ Equity | |
NWWHX | Nationwide Investor Destinations | Mutual Fund | Allocation--85%+ Equity | |
GAIDX | Nationwide Investor Destinations | Mutual Fund | Allocation--85%+ Equity |
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 Your Equity Center 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 employment. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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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