Investment objective & strategy
As of Feb. 19, 2026 · prospectusObjective. The Nationwide Small Cap Index Fund seeks to match the performance of the Russell 2000 Index (Russell 2000 Index) as closely as possible before the deduction of Fund expenses.
Strategy. 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. The Russell 2000 Index is composed of equity securities of approximately 2,000 small-cap U.S. companies in a wide range of businesses. To the extent that the Russell 2000 Index emphasizes certain sectors, the Fund will likely similarly emphasize any such sectors. Under normal circumstances, the Fund invests at least 80% of its net assets in a statistically selected sampling of securities of companies included in the Russell 2000 Index. The Fund does not necessarily invest in all of the securities included in the Russell 2000 Index or in the same weightings. The Fund … 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. The Russell 2000 Index is composed of equity securities of approximately 2,000 small-cap U.S. companies in a wide range of businesses. To the extent that the Russell 2000 Index emphasizes certain sectors, the Fund will likely similarly emphasize any such sectors. Under normal circumstances, the Fund invests at least 80% of its net assets in a statistically selected sampling of securities of companies included in the Russell 2000 Index. The Fund does not necessarily invest in all of the securities included in the Russell 2000 Index or in the same weightings. The Fund intends to be diversified in approximately the same proportion as the Russell 2000 Index is diversified. The Fund may become nondiversified, as defined in the Investment Company Act of 1940 Act, as amended (the 1940 Act), solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Russell 2000 Index. A nondiversified fund generally invests a greater proportion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund. Shareholder approval will not be sought if the Fund becomes nondiversified due solely to a change in the relative market capitalization or index weighting of one or more constituents of the Russell 2000 Index.
Top holdings
As of April 30, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| Treasury Repurchase Agreement | — | $7.00M | 2.67% |
| Treasury Repurchase Agreement | — | $5.00M | 1.91% |
| BLOOM ENERGY CORP CL A | — | $4.91M | 1.87% |
| Treasury Repurchase Agreement | — | $4.77M | 1.82% |
| CREDO TECHNOLOGY GROUP HOLDING LTD | — | $2.23M | 0.85% |
| FABRINET | — | $1.96M | 0.75% |
| COEUR MINING INC | — | $1.45M | 0.55% |
| NEXTRACKER INC CL A | — | $1.38M | 0.53% |
| ECHOSTAR CORP CL A | — | $1.32M | 0.50% |
| TTM TECHNOLOGIES INC | — | $1.28M | 0.49% |
Portfolio moves
Jan 31, 2026 → Apr 30, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| SA Small Cap Index Portfolio | 93% | 0.41% |
| LVIP SSGA Small-Cap Index Fund | 89% | 0.38% |
| Venerable Small Cap Index Fund | 89% | 0.45% |
Advisers
| Firm | Role |
|---|---|
| BlackRock Investment Management, LLC | Sub-adviser |
| Nationwide Fund Advisors | Adviser |
Footnotes
- Expense ratio as of February 19, 2026, from the fund's prospectus.
- Net assets and holdings count as of April 30, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.