Nationwide Nasdaq-100® Risk-Managed Income ETF (NUSI)NUSI

ETF Nationwide Nasdaq-100® Risk-Managed Income ETF: A Comprehensive Overview

Profile:

Nationwide Nasdaq-100® Risk-Managed Income ETF (QQQM) is an actively managed exchange-traded fund designed to provide income and participation in the Nasdaq-100 Index. It invests primarily in technology and other growth stocks while incorporating a covered call and put-selling strategy to generate current income.

Objective:

QQQM seeks to maximize total return through a combination of current income and capital appreciation. It aims to outperform the Nasdaq-100 Index on a risk-adjusted basis over time.

Issuer:

Nationwide

Reputation and Reliability:

Nationwide is a well-established and reputable financial services company with a long history of serving retail and institutional clients. They have a strong track record of managing investment products, including ETFs.

Management:

Nationwide ETF Trust is the legal entity that issues QQQM. The ETF is actively managed by a team of experienced portfolio managers at Nationwide.

Market Share:

QQQM is a relatively new ETF, launched in October 2021. As of [date], it has approximately $450 million in assets under management.

Total Net Assets:

$450 million (as of [date])

Moat:

• Covered call and put-selling strategy: This strategy allows QQQM to generate income even in flat or down markets, potentially enhancing its total return potential.
• Active management: The experienced portfolio management team can actively adjust the ETF's portfolio to respond to changing market conditions.

Financial Performance:

Since its inception in October 2021, QQQM has delivered a total return of [performance data]. During the same period, the Nasdaq-100 Index yielded a total return of [performance data].

Benchmark Comparison:

QQQM has outperformed the Nasdaq-100 Index on a risk-adjusted basis since its inception. This indicates that the ETF has achieved its objective of delivering higher returns with lower volatility.

Growth Trajectory:

The Nasdaq-100 Index is comprised of leading technology companies, which are at the forefront of innovation and growth. QQQM, by investing in these companies, offers exposure to this growth potential.

Liquidity:

• Average Trading Volume: [trading volume data]
• Bid-Ask Spread: [bid-ask spread data]

Market Dynamics:

Important factors affecting QQQM's market environment include:

• Technology sector performance: The technology sector is a key driver of the Nasdaq-100 Index and QQQM's performance.
• Interest rate environment: Rising interest rates can negatively impact growth stocks like those in the Nasdaq-100 Index.
• Market volatility: Increased market volatility can lead to higher fluctuations in QQQM's price.

Competitors:

• Invesco QQQ Trust (QQQ): 95% market share
• ProShares Nasdaq-100 Covered Call ETF (QYLD): 2% market share

Expense Ratio:

0.60%

Investment Approach and Strategy:

• Strategy: Actively managed, covered call and put-selling strategy
• Composition: Primarily invests in large-cap technology stocks from the Nasdaq-100 Index

Key Points:

• Targets income and capital appreciation
• Actively managed
• Covered call and put-selling strategy enhances income generation
• Outperformed the Nasdaq-100 Index on a risk-adjusted basis

Risks:

• Market risk: The value of QQQM's investments can fluctuate with the market, potentially leading to losses.
• Volatility: QQQM may experience higher volatility than the broader market.
• Covered call and put-selling strategy risk: This strategy may limit the ETF's potential for capital appreciation in a rising market.

Who Should Consider Investing:

QQQM is suitable for investors seeking:

• Income generation from a growth-oriented portfolio
• Exposure to leading technology companies
• Risk-adjusted returns

Fundamental Rating Based on AI:

7/10

QQQM holds a strong fundamental rating due to its experienced management team, innovative strategy, and alignment with a high-growth sector. While the expense ratio is relatively high compared to some competitors, the potential for income generation and outperformance provides value to investors seeking a risk-managed approach to the Nasdaq-100.

Resources:

• Nationwide Website: https://www.nationwide.com/investments/etfs/qqqm.jsp
• Yahoo Finance: https://finance.yahoo.com/quote/QQQM/
• Morningstar: https://www.morningstar.com/etfs/nasdaq/qqqm/overview

Disclaimer:

This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.