Nationwide S&P 500 Risk-Managed Income ETF (NSPI)

NYSEARCA: NSPI · IEX Real-Time Price · USD
+0.02 (0.12%)
At close: Mar 24, 2023, 3:29 PM
+0.02 (0.08%)
After-hours: Mar 24, 2023, 8:00 PM EDT
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.

Asset Class Equity
Category Derivative Income
Region North America
Stock Exchange NYSEARCA
Ticker Symbol NSPI
Issuer Exchange Traded Concepts
Index Tracked S&P 500

Top 10 Holdings

26.42% of assets
Name Symbol Weight
Apple Inc. AAPL 7.05%
Microsoft Corporation MSFT 5.78%, 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%
View More Holdings


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
Full Dividend History


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.

Other symbols: NDJINTKINUSI
1 day ago - ETF Trends

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...

Other symbols: NDJINTKINUSI
2 days ago - ETF Trends

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...

2 weeks ago - ETF Trends

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...

Other symbols: NDJINTKINUSI
1 month ago - ETF Trends

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. ...

Other symbols: NDJINTKINUSI
2 months ago - ETF Trends

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.

2 months ago - ETF Trends

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...

Other symbols: NDJINTKINUSI
2 months ago - ETF Trends

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...

3 months ago - ETF Trends

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...

4 months ago - ETF Trends

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 ...

4 months ago - ETF Trends

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...

Other symbols: NDJINTKINUSI
4 months ago - ETF Trends

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...

4 months ago - ETF Trends

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 ...

Other symbols: NDJINTKINUSI
5 months ago - ETF Trends

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.

Other symbols: NDJINTKINUSI
5 months ago - ETF Trends

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...

5 months ago - ETF Trends

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...

5 months ago - ETF Trends

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...

Other symbols: NDJINTKI
5 months ago - ETF Trends

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...

5 months ago - ETF Trends

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...

6 months ago - ETF Trends

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 ...

Other symbols: NDJINTKINUSI
6 months ago - ETF Trends

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.

Other symbols: NTKINUSI
7 months ago - ETF Trends

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.

Other symbols: NTKINUSI
8 months ago - ETF Trends

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...

Other symbols: NTKINUSI
8 months ago - ETF Trends

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...

Other symbols: NTKINUSI
9 months ago - ETF Trends

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 ...

Other symbols: NTKINUSI
9 months ago - ETF Trends