NYSEArca - Delayed Quote USD

Nationwide Maximum Diversification Emerging Markets Core Equity ETF (MXDE)

23.43 -0.01 (-0.04%)
At close: August 27 at 3:07 PM EDT

ETF Summary

The investment seeks to track the total return performance, before fees and expenses, of the TOBAM Maximum Diversification Emerging Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is designed to create a more diversified equity portfolio of the common and preferred stock (or depositary receipts) of companies in emerging markets relative to traditional market capitalization weighted benchmarks.

ETF Overview

Category Diversified Emerging Mkts
Fund Family Nationwide
Net Assets 14.94M
YTD Daily Total Return -1.86%
Yield 1.41%
Legal Type Exchange Traded Fund

ETF Operations

Attributes MXDE Category Average
Annual Report Expense Ratio (net) 0.64% 1.15%
Holdings Turnover 44.00% 52.00%
Total Net Assets 10,187.97 10,187.97

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. MORNING_STAR_STYLE_BOX

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Related Tickers