Nationwide Maximum Diversification Emerging Markets Core Equity ETF (MXDE)
ETF analysis · AMEX · Financial Services · Asset Management - Global
Nationwide Maximum Diversification Emerging Markets Core Equity ETF (MXDE) is an exchange-traded fund in the Financial Services sector. Latest price: $23.43. Market cap $15.32M. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About Nationwide Maximum Diversification Emerging Markets Core Equity ETF
This ETF's primary objective is to mirror the total return performance of the TOBAM Maximum Diversification Emerging Index, before accounting for any associated fees and expenses. Typically, under normal market conditions, at least 80% of its total assets will be allocated to the underlying securities of this index, or to other investments exhibiting substantially similar economic profiles. The index itself is strategically designed to establish a more diversified equity portfolio composed of common and preferred stocks, along with depositary receipts, issued by companies in emerging markets. This approach aims to provide broader exposure and reduce concentration compared to conventional market-capitalization-weighted benchmarks.
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