$145.86—Stale · unknown old
NASDAQ • Last print unknown ago
$145.86—Stale · unknown old
The Nationwide NYSE Arca Tech 100 Index Fund Institutional Service Class (NWJFX) is an exchange-traded fund that seeks to track the performance of the NYSE Arca Tech 100 Index, which includes 100 of the largest technology companies listed on the NYSE. The fund's competitive position is bolstered by its diversified exposure to leading tech firms, including those in software, hardware, and internet services, primarily based in the United States.
NWJFX generates revenue primarily through management fees based on the total assets under management. Its competitive advantage lies in its ability to offer diversified exposure to high-growth technology stocks, which are increasingly favored by institutional investors seeking growth.
Performance of the underlying NYSE Arca Tech 100 Index
Changes in investor sentiment towards technology stocks
Fluctuations in interest rates affecting investment flows into equity funds
Market volatility impacting investor appetite for tech exposure
Technological disruption from emerging tech companies that could outperform established players in the index
Regulatory changes affecting the technology sector or asset management industry
Increased competition from other tech-focused ETFs and mutual funds
Market share loss to lower-cost index funds
Financial risk associated with potential declines in AUM during market downturns
Liquidity risk if investors withdraw funds en masse during periods of volatility
high - The performance of technology stocks is closely tied to economic growth, consumer spending, and business investment in technology.
Rising interest rates can negatively impact equity valuations, particularly in growth sectors like technology, which may lead to reduced demand for the fund.
minimal - The fund is not heavily reliant on credit markets, as its revenue is derived from management fees rather than debt financing.
growth - Investors seeking exposure to high-growth technology companies are likely to be attracted to this fund.
high - The fund's performance is subject to the volatility of the technology sector, which has historically exhibited higher beta.