Nationwide Small Cap Fund Quote
| GMRAX Fund | USD 13.20 0.23 1.77% |
Performance8 of 100
| Odds Of DistressLess than 18
|
Nationwide Small is trading at 13.20 as of the 24th of November 2024; that is 1.77% up since the beginning of the trading day. The fund's open price was 12.97. Nationwide Small has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Nationwide Small Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the Russell 2000 Index before the deduction of fund expenses. It normally invests at least 80 percent of its net assets in a statistically selected sampling of equity securities of companies included in the Russell 2000 Index. More on Nationwide Small Cap
Moving together with Nationwide Mutual Fund
| 0.76 | NADMX | Nationwide Investor | PairCorr |
| 0.71 | GGEAX | Nationwide Global Equity | PairCorr |
| 0.72 | GGEIX | Nationwide Global Equity | PairCorr |
| 0.84 | GGFRX | Nationwide Growth | PairCorr |
Moving against Nationwide Mutual Fund
Nationwide Mutual Fund Highlights
| Fund Concentration | Nationwide Funds, Large Funds, Small Blend Funds, Small Blend, Nationwide (View all Sectors) |
| Update Date | 30th of September 2024 |
Nationwide Small Cap [GMRAX] is traded in USA and was established 24th of November 2024. Nationwide Small is listed under Nationwide category by Fama And French industry classification. The fund is listed under Small Blend category and is part of Nationwide family. This fund currently has accumulated 481.9 M in assets under management (AUM) with no minimum investment requirementsNationwide Small Cap is currently producing year-to-date (YTD) return of 14.47% with the current yeild of 0.01%, while the total return for the last 3 years was 0.07%.
Check Nationwide Small Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nationwide Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nationwide Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nationwide Small Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Nationwide Small Cap Mutual Fund Constituents
| EME | EMCOR Group | Stock | Industrials | |
| PLUG | Plug Power | Stock | Industrials | |
| DAR | Darling Ingredients | Stock | Consumer Staples | |
| SAGE | Sage Therapeutic | Stock | Health Care | |
| ACAD | ACADIA Pharmaceuticals | Stock | Health Care | |
| ETSY | Etsy Inc | Stock | Consumer Discretionary | |
| KNX | Knight Transportation | Stock | Industrials | |
| TTEK | Tetra Tech | Stock | Industrials |
Nationwide Small Cap Risk Profiles
| Mean Deviation | 0.9552 | |||
| Semi Deviation | 0.8914 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.82 |
Nationwide Small Against Markets
Other Information on Investing in Nationwide Mutual Fund
Nationwide Small financial ratios help investors to determine whether Nationwide Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nationwide with respect to the benefits of owning Nationwide Small security.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |