Nationwide Risk-Based International Equity ETF
RBIN
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- DE United States of America
- IPO Date
- Sep 15, 2017
- CIK
- 0001540305
- Similar Companies
- Business
- Nationwide Risk-Based International Equity ETF (RBIN) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the R Risk-Based International Index. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities principally traded in Europe, Australasia, and the Far East markets; it emphasizes risk-based allocations by eliminating the riskiest 50% of stocks in the investable universe and equally weighting the remainder based on volatilities and correlations to reduce portfolio volatility, mitigate drawdowns, and enhance the Sharpe ratio without curtailing returns. Launched in September 2017 as part of Nationwide's entry into the ETF market alongside the Nationwide Risk-Based U.S. Equity ETF (RBUS) and Nationwide Maximum Diversification U.S. Core Equity ETF (MXDU), RBIN is issued by ETF Series Solutions and advised by Nationwide Fund Advisors, LLC, with sub-advisory from Vident Investment Advisory, LLC; the index is developed by Rothschild Risk Based Investments LLC. Headquartered in Columbus, Ohio, through its sponsor Nationwide, the ETF targets investors seeking broad international equity exposure with improved risk-adjusted returns relative to traditional market-cap weighted strategies. No major acquisitions, funding rounds, partnerships, or strategic shifts have been reported for RBIN or its sponsor in the last 1-2 years.