Nationwide Dow Jones Risk-Managed Income ETF (NDJI)
| Assets | $23.65M |
| Expense Ratio | 0.68% |
| PE Ratio | 17.19 |
| Shares Out | 1.20M |
| Dividend (ttm) | $2.37 |
| Dividend Yield | 12.00% |
| Ex-Dividend Date | Mar 22, 2023 |
| Payout Ratio | 206.64% |
| 1-Year Return | -18.42% |
| Volume | 418 |
| Open | 19.75 |
| Previous Close | 19.72 |
| Day's Range | 19.75 - 19.76 |
| 52-Week Low | 18.91 |
| 52-Week High | 24.11 |
| Beta | 0.61 |
| Holdings | 36 |
| Inception Date | Dec 16, 2021 |
About NDJI
The Nationwide Dow Jones Risk-Managed Income ETF (NDJI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of stocks included in the Dow Jones Industrials Average combined with an options collar. The fund seeks to generate current income with some downside protection. NDJI was launched on Dec 16, 2021 and is managed by Nationwide.
Top 10 Holdings
53.71% of assets| Name | Symbol | Weight |
|---|---|---|
| UnitedHealth Group Incorporated | UNH | 9.58% |
| The Goldman Sachs Group, Inc. | GS | 6.34% |
| The Home Depot, Inc. | HD | 5.59% |
| Microsoft Corporation | MSFT | 5.50% |
| McDonald's Corporation | MCD | 5.45% |
| Amgen Inc. | AMGN | 4.71% |
| Visa Inc. | V | 4.41% |
| Caterpillar Inc. | CAT | 4.34% |
| The Boeing Company | BA | 3.99% |
| Salesforce, Inc. | CRM | 3.80% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 22, 2023 | $0.11439 | Mar 24, 2023 |
| Feb 23, 2023 | $0.11804 | Feb 27, 2023 |
| Jan 25, 2023 | $0.11815 | Jan 27, 2023 |
| Dec 23, 2022 | $0.11788 | Dec 28, 2022 |
| Nov 23, 2022 | $0.11871 | Nov 28, 2022 |
| Oct 26, 2022 | $0.11752 | Oct 28, 2022 |
News
An Advisor's Guide to Collar Strategies
Persistent volatility over the last 12 months has been largely driven by investor uncertainty as to the path of inflation and the Fed's tightening regime. The U.S.
Seeking Income Within Equities: Nationwide's Interchangeable ETFs
Economic uncertainty continues to equate to market uncertainty this year as advisors and investors weigh constantly evolving economic data and what it could mean for the Fed rate hiking path as it wor...
Consider Blue Chip Companies and NDJI in Troubled Times
The inflation narrative has proven to be complex so far this year, with a resilient jobs market and supply-side price pressures on the horizon, potentially lending credence to a longer runway for high...
Don't Sleep on the Yields of Nationwide's Risk-Managed ETFs
Volatility mitigation and risk-managed strategies became increasingly popular in 2022 as market and economic uncertainty persisted. The suite of risk-managed Nationwide ETFs offered noteworthy distrib...
In Uncertain Times, Consider Blue-Chip Companies With NDJI
Third quarter earnings were a mixed bag, with the financial sector proving more resilient than expected, while major technology and communication services sector companies missed estimates for their t...
As Recession Signals Grow, Turn to Risk-Managed ETFs With Nationwide
Yet another portent of impending recession has risen to the surface, this time from the Conference Board's Leading Economic Indicators Index that reflected worsening economic conditions in September. ...
In Times of Economic Perplexity, Look to Risk-Managed ETFs
Inflation could finally be easing in 2022, but underlying indicators continue to underscore an economic robustness that makes forward-looking predictions for markets difficult. As uncertainty continue...
The Dow Was the Darling of 2022; Invest With NDJI
2022 was definitively the year of the Dow in terms of performance. The index that tracks just 30 well-established companies consistently outperformed the other major equity indexes.
It's Been a Great Month for the Dow: NDJI Makes it Yours
There's no argument that it's been a challenging year for U.S. equities, with the major equity indexes all hitting bear market territory in the latter half of the year.
Why Now Is the Time for Low Beta Investing
Markets are risk-on, then they're risk-off, then they're risk-on again. It's the continuing pattern this year as investors grapple with uncertainty on the strength of the economy, Fed interest rate hi...
Worried About Volatility in Retirement Portfolios? Consider Nationwide
Markets continue their cycle of bear rallies and drawdowns in the latter half of the year as volatility remains one of the few certainties in a challenging market environment. Strategies that attempt ...
3 ETFs That Track the Dow Jones Industrial Average
The Dow Jones Industrial Average may be the most well-known index in the U.S. Yes, even more than the S&P 500. Developed by Charles Henry Dow, the Dow (as it's now often referred to) just contained 12...
Ride the Dow Jones' 5-Day Rally With NDJI
The Dow Jones Industrial Average has hit its fifth consecutive day of positive closes in a volatile week of earnings, resulting in the Nasdaq and S&P 500 ending a three-day rally on Wednesday, dragged...
Look to the Dow for Earnings Season Stability
Unsure about this market? You're not alone.
How the Twin Specters of Inflation and Recession Can Erode Monthly Income
There are several factors that can eat away at the monthly income of a retirement portfolio but two of the top culprits remain inflation and recession, though for different reasons.
This Net Credit Collar Strategy Offers Income Opportunities in Major Indexes
Market volatility continues as summer officially comes to a close in the U.S. and the August Institute for Supply Management (ISM) report came in higher than expected, reflecting a more robust economy...
Tax Loss Harvesting Opportunities Within the Dow Jones
Equities have felt the effects of inflation this year, with the major equity indexes dropping for much of 2022 and even entering into bear market territory.
How Elections Impact Your Portfolio: A Discussion with Nationwide
Defined by contentious policy objectives and rampant partisanship, today's political environment is among the most dynamic in history. Against this backdrop, midterm elections are rapidly approaching ...
Blue-Chip Companies Prove Their Worth in 2022
In a year of volatility and market uncertainty that has seen both equities and bonds struggle, blue-chip companies have proven their value once again as they have consistently performed better as a cl...
When Market Uncertainty Persists, Turn to Blue-Chip Companies
Volatility persists in the second half of the year as advisors and investors digest the news of the second consecutive quarter of economic retraction alongside reports of a strong labor market. Market...