Nomura Small and Mid Cap ETF seeks superior risk-adjusted returns by exploiting mispricings in the under-researched US small and mid-cap universe. A seasoned team combines rigorous fundamental research with proprietary quantitative modeling and disciplined risk controls to deliver consistent, style-pure alpha.
Proficient team
Stocks are analyzed and selected by highly experienced sector specialists, averaging 25+ years of industry experience
Consistent core style
Seeks to uncover the best opportunities from deep-value to high-growth while ensuring portfolio aligns with the benchmark
Risk controlled
Benchmark-aware portfolio construction seeks to mitigate sector and factor risks to ensure alpha is driven by stock selection
Russell 2500 Index
Returns for less than one year are not annualized.
Benchmark since inception returns are as of the Fund's inception date.
The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may also be obtained by calling 844 469-9911.
Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs, or expenses. Indices are unmanaged and one cannot invest directly in an index.
The Fund has adopted the historical performance of the Institutional Class of Nomura Smid Cap Core Fund (the “Predecessor Fund”) as the result of a reorganization of the Predecessor Fund into the Fund, which was consummated after the close of business on November 6, 2026 (the “Reorganization”). Prior to the Reorganization, the Fund had not yet commenced operations. Delaware Management Company was investment manager of the Predecessor Fund and will continue to serve as the investment manager of the Fund. On April 30, 2021, Delaware Management Company became the Predecessor Fund’s investment manager. The returns shown before April 30, 2021 are from the Predecessor Fund’s prior investment manager. The investment objectives of the Predecessor Fund and the Fund are identical and the investment strategies of the Predecessor Fund and the Fund are substantially the same. If you trade your shares at another time, your return may differ. ETFs trade like stocks, fluctuate in market value and may trade either at a premium or discount to their net asset value. ETF shares trade at market price and are not individually redeemable with the issuing fund, other than in large share amounts called creation units. ETFs are subject to risk similar to those of stocks, including those regarding short-selling and margin account maintenance. Brokerage commissions and expenses will reduce returns.
We'll provide the depth of experience and resources needed to help address the changing dynamics of today's markets. From ETFs, SMAs, and mutual funds to private markets, our team can help you identify investment solutions aligned to your clients' financial needs.
Risk Disclosures
Carefully consider the Fund's investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Fund's prospectus or the summary prospectus, which may be obtained by visiting the Nomura ETF Trust resource pages or calling 844 469-9911. Read the prospectus carefully before investing.
Employees of the Manager's affiliates outside the US participate in the management of certain Funds as “associated persons” of DMC under DMC's oversight, in accordance with SEC guidance as to “participating affiliate” arrangements. These associated persons may, on behalf of DMC, provide discretionary investment management services, trading, research and related services directly or indirectly to the Funds.
Delaware Management Company is a series of Nomura Investment Management Business Trust (a Delaware statutory trust).
Nomura ETF Trust exchange-traded funds (ETFs) are actively managed and do not seek to replicate a specific index. ETF shares are bought and sold through an exchange at the then current market price, not net asset value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV when traded on an exchange. Brokerage commissions will reduce returns. There can be no guarantee that an active market for ETFs will develop or be maintained, or that the ETF's listing will continue or remain unchanged.
Market risk is the risk that all or a majority of the securities in a certain market — like the stock market or bond market — will decline in value because of factors such as adverse political or economic conditions, future expectations, investor confidence, or heavy institutional selling.
Investments in small and/or mid-cap companies may be more volatile than those of larger companies.
The value of securities in a particular industry or sector will decline because of changing expectations for the performance of that industry or sector.
The fund or strategy is subject to liquidity risk, which is the risk that the fund or strategy’s investments cannot be readily sold within seven calendar days at approximately the price at which the fund or strategy has valued them.
The Fund is a newly organized management investment company with no operating history. In addition, there can be no assurance that the Fund will grow to, or maintain, an economically viable size, in which case the Board of Trustees of the Trust (the “Board") may determine to liquidate the Fund.
Not FDIC Insured • No Bank Guarantee • May Lose Value
All third-party marks cited are the property of their respective owners.
The Nomura ETF Trust Funds are distributed by Foreside Financial Services, LLC. Foreside Financial Services, LLC is not affiliated with any Nomura entity, including Delaware Management Company and Delaware Distributors, L.P.