Nationwide S&P 500 Index Fund (GRISX)
The investment seeks to provide investment results that correspond to the price and yield performance of publicly traded common stocks, as represented by the Standard & Poor's 500 Index ("S&P 500 Index"). The fund employs a “passive” management approach, investing in a portfolio of assets whose performance the subadviser expects to match approximately the performance of the index. It invests at least 80% of its net assets in equity securities of companies included in the index. The index is composed of approximately 500 common stocks selected by Standard & Poor’s, most of which are listed on the New York Stock Exchange or NASDAQ.
Fund Info
US63867U3279
Nov 2, 1998
$50,000
Large-Cap
Blend
Expense Ratio
GRISX features an expense ratio of 0.44%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Nationwide S&P 500 Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Nationwide S&P 500 Index Fund had a return of 4.54% year-to-date (YTD) and 22.48% in the last 12 months. Over the past 10 years, Nationwide S&P 500 Index Fund had an annualized return of 7.92%, while the S&P 500 had an annualized return of 11.31%, indicating that Nationwide S&P 500 Index Fund did not perform as well as the benchmark.
GRISX
4.54%
2.53%
7.92%
22.48%
12.87%
7.92%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of GRISX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.72% | 4.54% | |||||||||||
| 2024 | 1.63% | 5.28% | 3.21% | -4.15% | 4.95% | 3.53% | 1.19% | 2.39% | 2.10% | -0.95% | 5.84% | -4.06% | 22.37% |
| 2023 | 6.28% | -2.47% | 3.62% | 1.53% | 0.40% | 6.52% | 3.20% | -1.64% | -4.81% | -2.10% | 9.08% | 4.39% | 25.63% |
| 2022 | -5.21% | -3.05% | 3.67% | -8.74% | 0.15% | -8.30% | 9.20% | -4.14% | -9.20% | 8.02% | 5.59% | -6.24% | -18.84% |
| 2021 | -1.02% | 2.70% | 4.36% | 5.29% | 0.67% | 2.29% | 2.33% | 3.00% | -4.67% | 6.97% | -0.74% | 0.23% | 23.01% |
| 2020 | -0.06% | -8.27% | -12.46% | 12.80% | 4.81% | 1.93% | 5.62% | 7.16% | -3.86% | -2.68% | 10.95% | 3.78% | 17.93% |
| 2019 | 7.95% | 3.26% | 1.88% | 4.05% | -6.42% | 7.03% | 1.37% | -1.60% | 1.83% | 2.12% | 3.65% | -1.42% | 25.40% |
| 2018 | 5.65% | -3.70% | -2.56% | 0.31% | 2.38% | 0.60% | 3.66% | 3.23% | 0.53% | -6.88% | 2.01% | -20.98% | -17.28% |
| 2017 | 1.84% | 3.95% | 0.09% | 1.00% | 1.32% | 0.62% | 2.02% | 0.26% | 2.03% | 2.31% | 3.05% | -3.85% | 15.40% |
| 2016 | -4.98% | -0.15% | 6.75% | 0.36% | 1.74% | 0.20% | 3.70% | 0.07% | 0.04% | -1.92% | 3.71% | -3.54% | 5.55% |
| 2015 | -3.04% | 5.72% | -1.56% | 0.85% | 1.30% | -2.01% | 2.11% | -6.06% | -2.53% | 8.41% | 0.26% | -10.45% | -8.07% |
| 2014 | -3.54% | 4.57% | 0.82% | 0.70% | 2.29% | 2.05% | -1.46% | 3.98% | -1.41% | 2.37% | 2.71% | -4.20% | 8.78% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 81, GRISX is among the top 19% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Nationwide S&P 500 Index Fund (GRISX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Nationwide S&P 500 Index Fund provided a 0.88% dividend yield over the last twelve months, with an annual payout of $0.25 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.25 | $0.25 | $0.23 | $0.19 | $0.24 | $0.31 | $0.29 | $0.24 | $0.24 | $0.30 | $0.24 |
Dividend yield | 0.88% | 0.92% | 1.11% | 1.24% | 0.83% | 1.27% | 1.89% | 2.21% | 1.50% | 1.71% | 2.16% | 1.57% |
Monthly Dividends
The table displays the monthly dividend distributions for Nationwide S&P 500 Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.25 |
| 2023 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.25 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.23 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.19 |
| 2020 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.24 |
| 2019 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.14 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.13 | $0.29 |
| 2017 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.13 | $0.24 |
| 2016 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.13 | $0.24 |
| 2015 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.14 | $0.30 |
| 2014 | $0.01 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.13 | $0.24 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Nationwide S&P 500 Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nationwide S&P 500 Index Fund was 56.20%, occurring on Mar 9, 2009. Recovery took 967 trading sessions.
The current Nationwide S&P 500 Index Fund drawdown is 0.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.2% | Oct 10, 2007 | 354 | Mar 9, 2009 | 967 | Jan 10, 2013 | 1321 |
| -48.66% | Sep 5, 2000 | 523 | Oct 9, 2002 | 1083 | Feb 1, 2007 | 1606 |
| -34.96% | Sep 21, 2018 | 377 | Mar 23, 2020 | 107 | Aug 24, 2020 | 484 |
| -26.46% | Dec 16, 2021 | 207 | Oct 12, 2022 | 318 | Jan 19, 2024 | 525 |
| -21.32% | Dec 8, 2014 | 297 | Feb 11, 2016 | 323 | May 24, 2017 | 620 |
Volatility
Volatility Chart
The current Nationwide S&P 500 Index Fund volatility is 3.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.