Nationwide Maximum Diversification U.S. Core Equity ETF (MXDU)
Nationwide Maximum Diversification U.S. Core Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $34.57, down 0.13% on the session, giving a market capitalisation of $96.0M. Its beta of 0.93 implies it has historically moved less than the broad market.
Under typical conditions, the fund dedicates at least 80% of its net assets, supplemented by any borrowed capital for investment, to equity securities primarily traded within the United States. It tracks a rules-based index specifically designed to cultivate a more diversified equity portfolio. This portfolio includes both common and preferred shares of large and mid-capitalization U.S. companies, offering enhanced diversification compared to standard market-capitalization weighted benchmarks.
Nationwide Maximum Diversification U.S. Core Equity ETF is most often compared with the following Financial Services names: