Nationwide Risk-Based U.S. Equity ETF (RBUS)
Nationwide Risk-Based U.S. Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $38.01, up 0.08% on the session, giving a market capitalisation of $112.0M. Its beta of 0.86 implies it has historically moved less than the broad market.
Typically, at least 80% of the fund's total assets, encompassing net assets and any capital borrowed for investment, will be channeled into U.S.-listed equities. It tracks a systematically constructed index that applies an equal risk weighting to its constituents. This index is designed to provide exposure to large-capitalization U.S. companies, aiming for characteristics such as reduced volatility, smaller maximum drawdowns, and an improved Sharpe ratio when compared to traditional market-capitalization weighted approaches.
Nationwide Risk-Based U.S. Equity ETF is most often compared with the following Financial Services names: