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ETFs

Nationwide Russell 2000 Risk Managed Income ETF

NTKI
$--
Today’s Change
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Snapshot
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Inception Date
Dec 16 2021
Expense Ratio
0.68%
Type
US Equities
Fund Owner
Nationwide
Volume (1m avg. daily)
$13,101
AUM
$12,380,159
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No

Top 10 Holdings

VTWO
Vanguard Group, Inc. - Vanguard Russell 2000 Index ETF
97.34%
n/a
Cash & Other
2.06%
n/a
RUSSELL PUT OPT 10/23 1690
0.59%
n/a
RADIUS HEALTH INC CVR
0.00%
n/a
CINCOR PHARMA INC COM
0.00%
ALBO
Albireo Pharma Inc
0.00%
n/a
JOUNCE THERAPEUTICS INC
0.00%
SCLX
Scilex Holding Company
0.00%
2200963D
Omniab Inc/old
0.00%
n/a
RESOLUTE FOREST PRODUCTS
0.00%
Invest with NTKI

What is NTKI?

An income solution that targets high current income and seeks to provide investors with a measure of downside protection in falling markets and potential for upside participation in rising markets.

ETFs related toNTKI

ETFs correlated to NTKI include CVRD, PRFZ, ESML

NTKI
ETF Series Solutions Trust - Nationwide Russell 2000 Risk-Managed Income ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
PRFZ
Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
NUSC
Nuveen Fund Advisors LLC - Nuveen ESG Small-Cap ETF
SMLF
BlackRock Institutional Trust Company N.A. - iShares U.S. Small-Cap Equity Factor ETF
URTY
ProShares Trust - ProShares UltraPro Russell2000 3x Shares
IWM
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF
UWM
ProShares Trust - ProShares Ultra Russell 2000 2X Shares
VTWO
Vanguard Group, Inc. - Vanguard Russell 2000 Index ETF
TNA
Direxion Shares ETF Trust - Direxion Dialy Small Cap Bull 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

NTKI is a US Equities ETF. An income solution that targets high current income and seeks to provide investors with a measure of downside protection in falling markets and potential for upside participation in rising markets.

Yes, NTKI is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, NTKI is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on NTKI is -0.0208%. This is the percent change in the value of NTKI over the most recent 1-month period. The 3-month return on NTKI is -0.0268%. This is the percent change in the value of NTKI over the most recent 3-month period.

The standard deviation of NTKI for the past year is 0.093%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to NTKI include PKW, VIXY, and XYLD.

ETFs correlated to NTKI include CVRD, PRFZ, and ESML.

ETFs that are inversely correlated to NTKI include SRTY, TZA, and RWM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.