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Morningstar

Nationwide NYSE Arca Tech 100 Idx C NWJDX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 81.27  /  2.12 %
  • Total Assets 548.0 Mil
  • Adj. Expense Ratio
    1.390%
  • Expense Ratio 1.350%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Technology
  • Investment Style Large Growth
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 0.25%
  • Turnover 5%

USD | NAV as of Feb 01, 2023 | 1-Day Return as of Feb 01, 2023, 11:55 PM GMT+00:00

Morningstar’s Analysis NWJDX

Will NWJDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NWJDX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NWJDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of NWJDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

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Nationwide NYSE Arca Tech 100 Idx C's Average Process and Parent pillars limit this strategy to a Morningstar Quantitative Rating of Neutral. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

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