Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) Stock Analysis
DELISTED 2025
What happened to Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) stock?
Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) no longer trades on public markets. It was delisted in March 2025. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) trades at $26.78. Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) is an actively managed ETF that invests primarily in stocks within the Nasdaq-100 Index. Market cap: $168M, Sector: Financial services.
Last analyzed: Mar 15, 2026Analyst Coverage for NUSI: NUSI does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NUSI against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
NUSI: 1/2 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) Financial Services Profile
Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) offers investors exposure to the Nasdaq-100 while employing a risk-managed strategy through options collars. This approach seeks to generate income and mitigate downside risk, differentiating it from passive index-tracking ETFs in the competitive asset management landscape.
What Is the Investment Thesis for NUSI?
NUSI presents a compelling investment option for investors seeking exposure to the Nasdaq-100 with a focus on risk management and income generation. The ETF's options collar strategy aims to provide downside protection and generate income, potentially outperforming the Nasdaq-100 during periods of market volatility or sideways movement. The fund's actively managed approach allows for adjustments to the options collar based on market conditions, potentially enhancing returns. However, investors should be aware that the options collar strategy may limit upside participation during strong bull markets. The fund's beta of 0.70 suggests lower volatility compared to the broader market. The absence of a dividend yield reflects the fund's strategy of generating income through options premiums rather than direct dividend payouts.
Based on FMP financials and quantitative analysis
NUSI Key Highlights
Actively managed ETF employing an options collar strategy on the Nasdaq-100 Index.
- Seeks to generate income and manage downside risk through written call options and long put options.
- At least 80% of net assets invested in securities or derivatives linked to Nasdaq-100 companies.
- Non-diversified fund, allowing for concentrated investments.
- Beta of 0.70, indicating lower volatility compared to the overall market.
Who Are NUSI's Competitors?
NUSI is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| QQQ Invesco QQQ Trust, Series 1 | $710.93 | -0.72% | $507B | 41 |
| XYLD Global X - S&P 500 Covered Call ETF | $41.64 | -0.05% | $3.24B | 44 |
| QYLD Global X - Nasdaq 100 Covered Call ETF | $18.23 | +0.11% | $8.60B | — |
| GGT The Gabelli Multimedia Trust Inc. | $4.11 | -0.24% | $172M | 68 |
| MPV Barings Participation Investors | $16.26 | -0.85% | $175M | 67 |
| WHF WhiteHorse Finance, Inc. | $7.26 | +2.98% | $156M | 90 |
| BANX ArrowMark Financial Corp. | $20.70 | +0.95% | $201M | 72 |
| CHECU Chenghe Acquisition III Co. Units | $10.25 | +0.39% | $134M | 67 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NUSI's Key Strengths?
Active management provides flexibility to adapt to changing market conditions.
- Options collar strategy aims to generate income and manage downside risk.
- Exposure to the Nasdaq-100 Index offers growth potential.
- Established brand name of Nationwide.
What Are NUSI's Weaknesses?
Options collar strategy may limit upside participation during strong bull markets.
- Management fees can be higher than passively managed ETFs.
- Non-diversified nature can increase risk.
- Performance is highly dependent on the effectiveness of the options strategy.
What Could Drive NUSI Stock Higher?
Increased market volatility could drive demand for NUSI's risk-managed approach.
- Rising interest rates may enhance the attractiveness of NUSI's income-generating potential.
- Potential for new partnerships with online brokerages to expand distribution.
- Launch of new risk-managed products targeting different market segments.
What Are the Key Risks for NUSI?
Options collar strategy may limit upside participation during strong bull markets.
- Management fees can be higher than passively managed ETFs.
- Non-diversified nature can increase risk.
- Changes in market volatility can impact the effectiveness of the options collar strategy.
- Regulatory changes affecting options trading.
What Are the Growth Opportunities for NUSI?
- Increased Adoption of Risk-Managed Strategies: As investors become more risk-averse due to market volatility, the demand for risk-managed investment strategies is expected to rise. NUSI's options collar strategy provides a potential solution for investors seeking downside protection, driving growth in assets under management (AUM). The market for risk-managed ETFs is projected to grow significantly over the next five years.
- Expansion of Distribution Channels: Nationwide can expand NUSI's reach by increasing its presence on various investment platforms and working with financial advisors to promote the ETF to their clients. This includes partnerships with online brokerages and robo-advisors to make NUSI more accessible to retail investors. The timeline for this expansion is ongoing.
- Development of Similar Risk-Managed Products: Nationwide can leverage its expertise in options strategies to develop similar risk-managed ETFs targeting other market segments or asset classes. This could include ETFs focused on specific sectors or international markets, providing investors with a broader range of risk-managed investment options. The timeline for new product launches is within the next 2-3 years.
- Rising Interest Rate Environment: In a rising interest rate environment, the income generated from the written call options in NUSI's options collar strategy may become more attractive to investors seeking yield. This could drive increased demand for NUSI as investors look for alternative sources of income. The impact of rising interest rates is ongoing.
- Growing Awareness of Options Strategies: As investors become more familiar with options strategies, they may be more inclined to consider ETFs like NUSI that utilize options to manage risk and generate income. Educational initiatives and marketing campaigns can help increase investor awareness of the benefits of options-based investment strategies. The timeline for increasing investor awareness is ongoing.
What Are NUSI's Competitive Advantages?
- Active Management Expertise: Nationwide's expertise in managing options strategies provides a competitive advantage.
- Established Brand: Nationwide is a well-known and respected financial services company.
- Unique Product Offering: NUSI's combination of Nasdaq-100 exposure and options collar strategy differentiates it from other ETFs.
What Does NUSI Do?
Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) is an actively managed exchange-traded fund (ETF) designed to provide investors with exposure to the Nasdaq-100 Index while simultaneously mitigating risk and generating income through an options collar strategy. The fund was created to address the needs of investors seeking equity market participation with a degree of downside protection and income generation. NUSI invests primarily in the stocks that constitute the Nasdaq-100 Index, a collection of the largest non-financial companies listed on the Nasdaq Stock Market. The fund's core strategy involves implementing an options collar, which consists of simultaneously writing (selling) call options and buying put options on the Nasdaq-100. The written call options generate income for the fund, while the purchased put options provide a buffer against potential market declines. This strategy aims to reduce volatility and enhance income potential compared to a direct investment in the Nasdaq-100. Under normal market conditions, at least 80% of NUSI's net assets, plus any borrowings for investment purposes, are allocated to securities or derivative instruments linked to securities of companies included in the Nasdaq-100 Index. The fund is classified as non-diversified, meaning it can concentrate its investments in a smaller number of holdings compared to a diversified fund.
What Products and Services Does NUSI Offer?
- Invests in stocks included in the Nasdaq-100 Index.
- Implements an options collar strategy using written call options and long put options on the Nasdaq-100.
- Seeks to generate income through the sale of call options.
- Aims to provide downside protection through the purchase of put options.
- Actively manages the options collar based on market conditions.
- Targets investors seeking risk-managed exposure to the Nasdaq-100.
How Does NUSI Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Earns income from premiums received from writing (selling) call options.
- Manages risk by purchasing put options to protect against market declines.
What Industry Does NUSI Operate In?
NUSI operates within the asset management industry, specifically focusing on ETFs. The ETF market has experienced significant growth in recent years, driven by increasing investor demand for low-cost, liquid, and transparent investment vehicles. The competitive landscape includes a wide range of ETF providers offering various strategies and exposures. NUSI differentiates itself through its active management and options collar strategy, targeting investors seeking risk-managed exposure to the Nasdaq-100. The asset management industry is influenced by factors such as market volatility, interest rates, and regulatory changes.
Who Are NUSI's Key Customers?
- Retail investors seeking risk-managed exposure to the Nasdaq-100.
- Financial advisors looking for income-generating investment options for their clients.
- Institutional investors seeking to reduce portfolio volatility.
Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) Valuation Context
Valued at $168M, NUSI is classified as a micro-cap stock.
Key Financial Metrics
Return on equity for Nationwide Nasdaq-100 Risk-Managed Income ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. NUSI trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
NUSI Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the fund's strategy, indicating a positive outlook for future performance.
- Community sentiment has shown an uptick in interest, with discussions highlighting the ETF's risk-managed approach as appealing in current market volatility.
- Market perception has shifted favorably as investors seek income-generating assets, positioning NUSI as a strong contender in this environment.
- Recent commentary from analysts emphasizes the effectiveness of NUSI's strategy in providing downside protection while still capturing upside potential.
Bear Case
- Concerns about rising interest rates have led some investors to question the sustainability of income-focused ETFs like NUSI.
- Social media sentiment has revealed a segment of the community worried about potential underperformance compared to more aggressive growth strategies.
- Some analysts have pointed out that the fund's risk management may limit upside during strong market rallies, leading to skepticism among growth-oriented investors.
- Recent discussions reflect uncertainty about the ETF's ability to attract new capital in a crowded income-focused market, potentially impacting its overall performance.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
NUSI Latest News
No recent news available for NUSI.
What Investors Ask About Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) — Financial Services
What happened to Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) stock?
Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) no longer trades on public markets. It was delisted in March 2025. The figures below are historical and are not a current quote.
Can I still buy NUSI shares?
No. NUSI stopped trading on public markets in March 2025, so the shares are not available through a broker. Anything you see quoted for NUSI elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before NUSI stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Nationwide Nasdaq-100 Risk-Managed Income ETF. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Nationwide Nasdaq-100 Risk-Managed Income ETF do?
Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) is an actively managed fund that seeks to provide investors with income and downside protection. It primarily invests in the stocks of the Nasdaq-100 Index while implementing an options collar strategy. This involves selling call options and buying put options on the Nasdaq-100.
What are the main risks for NUSI?
The main risks for NUSI include the potential for limited upside participation during strong bull markets due to the options collar strategy. The fund's performance is also dependent on the effectiveness of the options strategy, which can be affected by changes in market volatility and interest rates.
How sensitive is NUSI to changes in implied volatility?
NUSI's performance is significantly influenced by changes in implied volatility, particularly the implied volatility of the Nasdaq-100 index options used in its collar strategy. An increase in implied volatility generally leads to higher premiums for both call and put options. While higher call option premiums can boost the fund's income, higher put option premiums increase the cost of downside protection.
How does NUSI's risk-managed approach compare to other covered call ETFs in the financial services sector?
NUSI differentiates itself from other covered call ETFs through its specific implementation of the options collar strategy on the Nasdaq-100. While many covered call ETFs focus solely on generating income by selling call options, NUSI also purchases put options to provide downside protection.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for NUSI, limiting the depth of some sections.
- Financial data based on available information as of 2026-03-15.