Industry description
The investment seeks to match the performance of the Russell 2000® Index as closely as possible before the deduction of fund expenses.
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% of its net assets in a statistically selected sampling of equity securities of companies included in the Russell 2000® Index. The Russell 2000® Index is composed of approximately 2,000 common stocks of small-cap U.S. companies in a wide range of businesses.
Market Cap
The average market capitalization across the Nationwide Small Cap Index Instl Svc MF is 17.96B. The market cap for tickers in the group ranges from 8.55B to 59.14B. SMCI holds the highest valuation in this group at 59.14B. The lowest valued company is SSD at 8.55B.
Volume
The average weekly volume growth across all stocks in the Nationwide Small Cap Index Instl Svc MF was 7%. For the same stocks of the MF, the average monthly volume growth was -31% and the average quarterly volume growth was -42%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 66
P/E Growth Rating: 63
Price Growth Rating: 54
SMR Rating: 54
Profit Risk Rating: 30
Seasonality Score: 38 (-100 ... +100)