Nationwide Russell 2000 Risk-Managed Income ETF (NTKI)
| Assets | $12.90M |
| Expense Ratio | 0.68% |
| PE Ratio | 11.47 |
| Shares Out | 650,000 |
| Dividend (ttm) | $1.50 |
| Dividend Yield | 7.53% |
| Ex-Dividend Date | Feb 23, 2023 |
| Payout Ratio | 86.40% |
| 1-Year Return | -17.70% |
| Volume | 176 |
| Open | 19.95 |
| Previous Close | 19.86 |
| Day's Range | 19.95 - 19.95 |
| 52-Week Low | 19.46 |
| 52-Week High | 24.29 |
| Beta | -0.47 |
| Holdings | 1940 |
| Inception Date | Dec 16, 2021 |
About NTKI
The Nationwide Russell 2000 Risk-Managed Income ETF (NTKI) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively-managed portfolio of stocks included in the Russell 2000 combined with an options collar. The fund seeks to generate current income with some downside protection. NTKI was launched on Dec 16, 2021 and is managed by Nationwide.
Top 10 Holdings
17.02% of assets| Name | Symbol | Weight |
|---|---|---|
| US DOLLARS | n/a | 5.80% |
| Invesco Shrt-Trm Inv Gov&Agcy Instl | AGPXX | 4.83% |
| Russell Put Opt 04/23 1685 | n/a | 3.50% |
| Cash Offset | n/a | 1.08% |
| EMCOR Group, Inc. | EME | 0.37% |
| Texas Roadhouse, Inc. | TXRH | 0.30% |
| Iridium Communications Inc. | IRDM | 0.30% |
| Crocs, Inc. | CROX | 0.30% |
| Inspire Medical Systems, Inc. | INSP | 0.28% |
| ShockWave Medical, Inc. | SWAV | 0.28% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 23, 2023 | $0.11976 | Feb 27, 2023 |
| Jan 25, 2023 | $0.1188 | Jan 27, 2023 |
| Dec 23, 2022 | $0.11504 | Dec 28, 2022 |
| Nov 23, 2022 | $0.11761 | Nov 28, 2022 |
| Oct 26, 2022 | $0.1158 | Oct 28, 2022 |
| Sep 21, 2022 | $0.11988 | Sep 23, 2022 |
News
Advisors See Small-Cap Opportunity in Second Half
Financial advisors believe there is strong opportunity in small-cap equities in the second half of the year as the U.S. potentially begins to transition towards recovery, though the timing of that nar...
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...
NTKI Offered Better Returns in Small-Caps in 2022
Small-caps are often the first to take the hit for economic downturn, but they also historically have had outsized rebounds ahead of other equities when economies shift into recovery mode. For investo...
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...
3 Reasons You Should Consider Small-Cap Companies Going Into 2023
Equities have taken big hits this year and small caps in particular have felt the crush of inflation and market uncertainty. The precipitous fall this year of small-cap stocks has led to strong invest...
NTKI Captured Small-Cap Performance and Reduced Volatility in Q3
A largely disappointing third-quarter earnings season for high-growth technology companies resulted in advisors and investors continuing to move out of their tech exposures.
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 ...
Small-Caps Avoid Tech Carnage, NTKI Offers Exposure
Major tech companies have consistently missed earnings expectations this earnings season and have issued grim outlooks for this quarter and beyond.
Tax Loss Harvesting Opportunities Within Small-Caps
Small-caps have taken an outsized hit this year as recession risk rises under an aggressively tightening Federal Reserve monetary policy regime. Advisors evaluating their portfolios for tax loss harve...
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...
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.
This Small-Cap ETF Significantly Outperformed the Russell 2000
There is merit in small cap investment, but playing it smart, particularly in a bear market or potential recession, could provide upside benefits once a rebound begins while adding diversification opp...
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 ...
Nationwide's ETFs Offer Interchangeable Exposures Without Sacrificing Income
In a challenging market of continued volatility and concerns around the major indexes entering bear territory, advisors and investors are shifting around portfolio allocations to limit exposures while...
Safeguarding Retirement Portfolios From Inflation and Rate Hike Risks
With the U.S. national debt crossing the $30 trillion mark for the first time in early 2022, investors will need to keep this in mind when structuring their retirement portfolios. However, investors s...
3 Things Advisors Should Be Talking to Clients About Now
Investors are feeling the squeeze this year in the challenging environment of soaring inflation and rising interest rates. This year's mid-year check-in with clients will likely be fraught with questi...
ETFs to Generate Income, Mitigate Risks in Troubled Times
As we consider the state of income investing, investors can turn to innovative exchange traded fund solutions that balance income generation and downside risk mitigation. In the recent webcast, Redefi...
Retirement Income Challenges in an Inflationary Environment
The Federal Reserve has ramped up its fight against inflation through more aggressive interest rate hikes and quantitative tightening, but in an environment of soaring inflation that continues to ling...