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ETFs

Nationwide Russell 2000 Risk Managed Income ETF

NTKI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 16 2021
Expense Ratio
0.68%
Type
US Equities
Fund Owner
Nationwide
Volume (1m avg. daily)
$8,289
AUM
—
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No

Top 10 Holdings

n/a
Cash & Other
10.24%
n/a
RUSSELL PUT OPT 04/23 1685
1.08%
EME
Emcor Group, Inc.
0.37%
TXRH
Texas Roadhouse Inc
0.30%
CROX
Crocs Inc
0.30%
IRDM
Iridium Communications Inc
0.30%
SWAV
ShockWave Medical Inc
0.29%
INSP
Inspire Medical Systems Inc
0.28%
ATKR
Atkore Inc
0.28%
SLAB
Silicon Laboratories Inc
0.28%
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 IJS, AVGE, SLYV

NTKI
ETF Series Solutions Trust - Nationwide Russell 2000 Risk-Managed Income ETF
IJS
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Value ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
SLYV
SPDR Series Trust - SPDR S&P 600 Small Cap Value ETF
SLY
SPDR Series Trust - SPDR S&P 600 Small Cap ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
SPSM
SSgA Active Trust - SPDR Portfolio S&P 600 Small Cap ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
NUSC
Nuveen Fund Advisors LLC - Nuveen ESG Small-Cap ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF

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 -0.0304%. This is the percent change in the value of NTKI over the most recent 1-month period. The 3-month return on NTKI is 0.0295%. 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 0.0991%. 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 HDGE, QYLD, and XYLD.

ETFs correlated to NTKI include IJS, AVGE, and SLYV.

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

Disclaimers

*

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.