The Nationwide Nasdaq-100® Risk-Managed Income ETF (NUSI) seeks to generate high current income through a combination of dividends and options premiums. It uses an options collar to reduce volatility and provide downside protection. Despite its relatively low expense ratio, NUSI has underperformed its peers in terms of total return and risk-adjusted performance. QYLG is a better choice for investors seeking high yield and volatility, while QQQ offers the best risk-adjusted returns. NUSI’s income distributions are not reliable, making it unsuitable for investors seeking predictable income. Overall, NUSI has not demonstrated a compelling long-term strategy and is outperformed by other Nasdaq 100-Index funds.