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Trending ETFs

Nationwide Maximum Diversification U.S. Core Equity ETF

ETF
MXDU
Payout Change
Pending
Price as of:
$34.61 +0.0 +0.0%
primary theme
U.S. Large-Cap Blend Equity
MXDU (ETF)

Nationwide Maximum Diversification U.S. Core Equity ETF

Payout Change
Pending
Price as of:
$34.61 +0.0 +0.0%
primary theme
U.S. Large-Cap Blend Equity
MXDU (ETF)

Nationwide Maximum Diversification U.S. Core Equity ETF

Payout Change
Pending
Price as of:
$34.61 +0.0 +0.0%
primary theme
U.S. Large-Cap Blend Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$34.61

$96.1 M

1.27%

$0.44

0.34%

Vitals

YTD Return

-10.1%

1 yr return

-10.4%

3 Yr Avg Return

8.5%

5 Yr Avg Return

N/A

Net Assets

$96.1 M

Holdings in Top 10

15.2%

52 WEEK LOW AND HIGH

$34.6
$33.10
$42.51

Expenses

OPERATING FEES

Expense Ratio 0.34%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 35.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Large Blend


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$34.61

$96.1 M

1.27%

$0.44

0.34%

MXDU - Profile

Distributions

  • YTD Total Return -14.6%
  • 3 Yr Annualized Total Return 8.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.04%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Nationwide Maximum Diversification U.S. Core Equity ETF
  • Fund Family Name
    Nationwide
  • Inception Date
    Sep 15, 2017
  • Shares Outstanding
    2750000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Austin Wen

Fund Description

Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in equity securities that are principally traded in the United States. The index is a rules-based index that is designed to create a more diversified equity portfolio of the common and preferred stock of large and mid-capitalization U.S. companies relative to traditional market capitalization weighted benchmarks.


MXDU - Performance

Return Ranking - Trailing

Period MXDU Return Category Return Low Category Return High Rank in Category (%)
YTD -10.1% -53.4% 35.0% 27.92%
1 Yr -10.4% -38.0% 59.0% 96.90%
3 Yr 8.5%* -5.4% 22.8% 92.31%
5 Yr N/A* -0.9% 18.5% N/A
10 Yr N/A* 2.8% 15.9% N/A

* Annualized

Return Ranking - Calendar

Period MXDU Return Category Return Low Category Return High Rank in Category (%)
2021 9.7% -69.4% 537.8% 74.84%
2020 19.5% -94.0% 2181.7% 8.93%
2019 24.7% -22.7% 41.1% 40.53%
2018 -6.9% -100.0% 17.3% 13.36%
2017 N/A -100.0% 36.4% N/A

Total Return Ranking - Trailing

Period MXDU Return Category Return Low Category Return High Rank in Category (%)
YTD -14.6% -94.7% 35.0% 36.35%
1 Yr -10.4% -38.0% 67.6% 96.43%
3 Yr 8.5%* -6.5% 26.2% 91.45%
5 Yr N/A* -1.3% 20.3% N/A
10 Yr N/A* 2.8% 15.9% N/A

* Annualized

Total Return Ranking - Calendar

Period MXDU Return Category Return Low Category Return High Rank in Category (%)
2021 9.7% -69.4% 537.8% 74.84%
2020 19.5% -94.0% 2181.7% 8.93%
2019 24.7% -21.6% 41.8% 41.05%
2018 -6.9% -100.0% 17.3% 36.56%
2017 N/A -100.0% 36.4% N/A

MXDU - Holdings

Concentration Analysis

MXDU Category Low Category High MXDU % Rank
Net Assets 96.1 M 177 K 1.2 T 80.82%
Number of Holdings 425 1 4161 19.19%
Net Assets in Top 10 14.6 M 971 278 B 73.43%
Weighting of Top 10 15.18% 2.4% 100.0% 96.89%

Top 10 Holdings

  1. Dollar Tree Inc 1.78%
  2. Cloudflare Inc 1.73%
  3. General Mills Inc 1.62%
  4. Consolidated Edison Inc 1.61%
  5. Snap Inc Class A 1.56%
  6. Biogen Inc 1.55%
  7. Moderna Inc 1.54%
  8. DexCom Inc 1.53%
  9. Newmont Corp 1.53%
  10. Pfizer Inc 1.45%

Asset Allocation

Weighting Return Low Return High MXDU % Rank
Stocks
99.75% 0.00% 129.96% 35.97%
Cash
0.25% -102.29% 100.00% 62.31%
Preferred Stocks
0.00% 0.00% 3.21% 84.96%
Other
0.00% -13.91% 134.98% 83.52%
Convertible Bonds
0.00% 0.00% 6.59% 83.92%
Bonds
0.00% -0.04% 98.56% 83.63%

Stock Sector Breakdown

Weighting Return Low Return High MXDU % Rank
Healthcare
24.96% 0.00% 59.30% 3.03%
Consumer Defense
17.46% 0.00% 50.98% 3.32%
Technology
11.35% 0.00% 77.07% 90.10%
Consumer Cyclical
9.89% 0.00% 53.38% 63.42%
Communication Services
9.41% 0.00% 35.35% 28.31%
Financial Services
6.06% 0.00% 55.50% 92.60%
Real Estate
5.01% 0.00% 38.86% 8.62%
Industrials
4.98% 0.00% 62.11% 95.22%
Energy
3.93% 0.00% 36.08% 42.34%
Utilities
3.85% 0.00% 59.98% 18.17%
Basic Materials
3.10% 0.00% 30.96% 37.74%

Stock Geographic Breakdown

Weighting Return Low Return High MXDU % Rank
US
98.04% 0.00% 128.58% 33.89%
Non US
1.71% 0.00% 54.06% 52.16%

MXDU - Expenses

Operational Fees

MXDU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.34% 0.01% 3.53% 70.03%
Management Fee 0.34% 0.00% 2.00% 31.41%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

MXDU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MXDU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MXDU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 35.00% 0.00% 496.00% 62.52%

MXDU - Distributions

Dividend Yield Analysis

MXDU Category Low Category High MXDU % Rank
Dividend Yield 1.27% 0.00% 12.50% 10.10%

Dividend Distribution Analysis

MXDU Category Low Category High Category Mod
Dividend Distribution Frequency Annually Quarterly Monthly Monthly

Net Income Ratio Analysis

MXDU Category Low Category High MXDU % Rank
Net Income Ratio 1.04% -54.00% 6.06% 31.67%

Capital Gain Distribution Analysis

MXDU Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Dividend Payout History

View More +

MXDU - Fund Manager Analysis

Managers

Austin Wen


Start Date

Tenure

Tenure Rank

Sep 15, 2017

4.62

4.6%

Austin Wen, CFA has seven years of investment management experience. Mr. Wen is a Portfolio Manager at Vident, specializing in portfolio management and trading of equity portfolios and commodities based portfolios, as well as risk monitoring and investment analysis. Previously, Mr. Wen was an analyst for Vident Financial, working on the development and review of investment solutions. He began his career as a State Examiner for the Georgia Department of Banking and Finance. Mr. Wen obtained a BA in Finance from the University of Georgia and holds the Chartered Financial Analyst designation.

Rafael Zayas


Start Date

Tenure

Tenure Rank

Jun 19, 2020

1.86

1.9%

Rafael Zayas, CFA, is a portfolio manager. Mr. Zayas became SVP, Head of Portfolio Management and Trading in June 2020. From 2017 to 2020, he was a Senior Portfolio Manager – International Equity at Vident and has over 15 years of experience that includes managing international equity portfolios, including in emerging and frontier markets. Prior to joining Vident, he was a Portfolio Manager – Direct Investments for seven years at Russell Investments, a global asset manager, where he co-managed more than $4 billion in quantitative strategies across global markets, including the Russell Strategic Call Overwriting Fund, a mutual fund. Mr. Zayas also helped Russell Investments launch its sponsored ETF initiative and advised on index methodologies. Prior to joining Russell Investments, Mr. Zayas was a Portfolio Manager – Equity Indexing at Mellon Capital Management, where he managed assets for internationally listed global equity ETFs. Mr. Zayas graduated with a B.S. in Electrical Engineering from Cornell University and obtained a Certificate in Computational Finance and Risk Management from the University of Washington. He also attained the Chartered Financial Analyst designation in 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 38.94 6.51 2.33