Nationwide S&P 500 Risk-Managed Income ETF (NSPI)
| Assets | $22.59M |
| Expense Ratio | 0.68% |
| PE Ratio | 19.58 |
| Shares Out | 1.15M |
| Dividend (ttm) | $1.46 |
| Dividend Yield | 7.42% |
| Ex-Dividend Date | Mar 22, 2023 |
| Payout Ratio | 146.09% |
| 1-Year Return | -16.29% |
| Volume | 1,268 |
| Open | 19.56 |
| Previous Close | 19.66 |
| Day's Range | 19.56 - 19.69 |
| 52-Week Low | 19.10 |
| 52-Week High | 23.82 |
| Beta | 0.59 |
| Holdings | 512 |
| Inception Date | Dec 16, 2021 |
About NSPI
The Nationwide S&P 500 Risk-Managed Income ETF (NSPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of stocks included in the S&P 500 combined with an options collar. The fund seeks to generate current income with some downside protection. NSPI was launched on Dec 16, 2021 and is managed by Nationwide.
Top 10 Holdings
26.42% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 7.05% |
| Microsoft Corporation | MSFT | 5.78% |
| Amazon.com, Inc. | AMZN | 2.53% |
| NVIDIA Corporation | NVDA | 1.82% |
| Alphabet Inc. | GOOGL | 1.74% |
| Berkshire Hathaway Inc. | BRK.B | 1.69% |
| Tesla, Inc. | TSLA | 1.54% |
| Alphabet Inc. | GOOG | 1.52% |
| Exxon Mobil Corporation | XOM | 1.39% |
| Invesco Shrt-Trm Inv Gov&Agcy Instl | AGPXX | 1.37% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 22, 2023 | $0.11524 | Mar 24, 2023 |
| Feb 23, 2023 | $0.11797 | Feb 27, 2023 |
| Jan 25, 2023 | $0.11746 | Jan 27, 2023 |
| Dec 23, 2022 | $0.11422 | Dec 28, 2022 |
| Nov 23, 2022 | $0.11528 | Nov 28, 2022 |
| Oct 26, 2022 | $0.11372 | 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...
NSPI Offered Volatility Reduction in January
This year brings with it a number of headwinds for U.S. equities and challenges for global markets, as well as continued volatility. For advisors seeking monthly income opportunities within equities w...
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...
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. ...
NSPI Offers Risk-Managed Exposure to S&P 500® Index's Dividend Growth
Despite the economic uncertainty and market volatility of much of 2022, dividend-paying companies continued to deliver last year.
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...
NSPI Offered Better Total Returns, Less Volatility in 2022
In a year of volatile markets, advisors and investors were often taken along for the ride as uncertainty, persistent inflation, and continued rising interest rates pulled markets down before sending t...
As Markets Bounce on Fed Hopes, Volatility Likely to Continue
Markets have responded strongly in the wake of Federal Reserve Chair Jerome Powell's speech on Wednesday that the Fed could begin slowing interest rate hikes in December should economic indicators pro...
As Inflation Pressures Ease, Invest in Equities with NSPI
Supplier prices for the month of October have slowed for the second month in a row, rising only 8% year-over-year, a decline from the 8.4% revised in September and yet another metric to indicate that ...
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...
Netflx Nails Q3 Earnings; NSPI Offers Risk-Managed Exposure
With its third-quarter earnings report, Netflix reported an unexpected and outsized win, beating top and bottom-line expectations. The streaming giant's revenue in Q3 was $7.93 billion on expectations...
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 ...
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.
Your Tax Loss Harvest S&P 500® Play for 2022
A stronger than expected jobs report and the Institute of Supply Management (ISM) Non-Manufacturing Index report for August have markets now positioning for the likelihood of another 0.75% interest ra...
As Stocks Decline for the Third Consecutive Quarter, Consider This Risk-Managed ETF
Inflation appears to be more broadly entrenched than previously thought, and rising interest rates, domestic inflation fears, an aggressively tightening Fed, and global inflation fears have created an...
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...
Lessons From a Recent Bear Market Rally
The most recent attempt at a bear market rally of major indexes leading up to the release of the August CPI resulted in the S&P 500 clawing back almost 4% of losses over the course of four days before...
Analysts Predict S&P 500® Will End Year Slightly Higher
A better-than-expected earnings season alongside lighter inflation reports from July drove stocks to rally in mid-August, and analysts anticipate that the S&P 500® will end 2022 at levels slightly abo...
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 ...
The Distribution Yields of These ETFs Hold Up in a Challenged Year
It's been a difficult year for markets, investors, and their portfolios, where equities and bonds have been challenged by soaring, persistent inflation alongside a rising rate environment.
Has the Fed's Recent Rate Hike Increased Recession Risk?
Recession concern is on the rise after the most recent Federal Reserve interest rate hike of 75 basis points (0.75%) at the July Federal Open Market Committee meeting.
Are Markets Nearing the Bottom?
Have equity markets hit bottom? Mark Hackett, chief of investment research for Nationwide's Investment Management Group, wrote in the Nationwide blog that there are certainly signs to suggest that the...
Could Equity Markets Recover? It's Certainly Possible
Despite stock markets riding into 2022 on a surge of economic tailwinds, the climate soon changed after the year was well on its way. Rising inflation, the war in Ukraine, and a hawkish Fed soon led n...
Inflation, Recession Top Concerns For Americans Saving For Retirement
Most Americans worry about the risks of high inflation or a possible recession impacting retirement income, according to results of a survey from Alliance for Lifetime Income and CANNEX. This anxiety ...