Nationwide Strategic Beta Maximum Diversification ETFs: An introduction

Nationwide Maximum Diversification ETFs are next-generation Strategic Beta ETFs based on an index construction process pioneered by TOBAM. Using a patented measure of diversification, TOBAM seeks to deliver better risk-adjusted returns across multiple market cycles.

MXDU was one of eight fund winners recognized by Inside ETFs conference provider, not in any specific order. Selection criteria required ETFs with less than $300MM AUM and "different and unique exposures to beat the market". NFA paid a fee for 1/2 page ad in the May edition of ETF.com's ETF Report distributed to financial advisors.

To learn more, call the Advisor Support Desk 877-893-1830 or visit us online.

This material is not a recommendation to buy, sell, hold or roll over any asset, adopt an investment strategy, retain a specific investment manager or use a particular account type. It does not take into account the specific investment objectives, tax and financial condition, or particular needs of any specific person. Investors should work with their financial professional to discuss their specific situation.

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The Fund's return may not match or achieve a high degree of correlation with the return of the underlying index.

Call 800-617-0004 to request a summary prospectus and/or a prospectus, or download prospectuses at etf.nationwide.com. These prospectuses outline investment objectives, risks, fees, charges and expenses, and other information that you should read and consider carefully before investing.

Diversification does not guarantee a profit or protect from loss in a declining market.

Weighted average market capitalization of a portfolio reflects the relative size of its holdings.

KEY RISKS: The Funds are subject to the risks of investing in equity securities. The Funds also are subject to the risks of investing in foreign securities (which are volatile, harder to price, and less liquid than U.S. securities). The Funds may also be subject to the risks of investing in emerging markets (which may include currency fluctuations, political risks, differences in accounting and limited availability of information). Please refer to the summary prospectus for a more detailed explanation of the Funds' principal risks. There is no assurance that the investment objective of any fund will be achieved. Diversification does not assure a profit or protect against a loss in a declining market.

TOBAM Diversification Ratio® (DR(w)) is calculated by using the weighted average volatility and volatility as follows: DR(w)=(w|σ)/σ(w) where (w|σ) = ∑ wiσi.

TOBAM Maximum Diversification® USA Index and TOBAM Maximum Diversification® Emerging Markets Index data copyright ©2018, TOBAM S.A.S. All rights reserved. Maximum Diversification is a registered trademark and service mark of TOBAM S.A.S. or its affiliates (“TOBAM”) and is used under license for certain purposes by Nationwide Fund Advisors. Reproduction of the TOBAM data and information in any form is prohibited except with the prior written permission of TOBAM S.A.S. Nationwide Maximum Diversification U.S. Core Equity ETF and TOBAM Maximum Diversification® Emerging Markets Index are not sponsored, endorsed, sold or promoted by TOBAM and TOBAM makes no representation regarding the advisability of investing in such fund. TOBAM does not guarantee the accuracy or completeness of any data and information and is not responsible for any error or omission or for the results obtained from the use of such data and information. TOBAM GIVES NO EXPRESS OR IMPLIED WARRANTY, INCLUDING, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

Solactive AG is the third-party calculation agent of the TOBAM Maximum Diversification® Index Series and received compensation in that capacity. Solactive AG does not sponsor, endorse, sell, or promote any investment vehicle that is offered by any third party that seeks to provide an investment return based on the performance of any index. It is not possible to invest directly in an index.

Nationwide Fund Advisors (NFA) is the registered investment advisor to Nationwide ETFs, which are distributed by Quasar Distributors LLC. NFA is not affiliated with any distributor, subadviser, or index provider contracted by NFA for the Nationwide ETFs. Nationwide is not an affiliate of third-party sources such as Morningstar, Inc or MSCI. Representatives of the Nationwide ETF Sales Desk are registered with Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio.

Nationwide, the Nationwide N and Eagle, and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. © Nationwide 2018

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