Nationwide S&P 500 Index Fund (GRISX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GRISX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GRISX
GRISX charges 0.44% annually. There are 22 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class G | 0.01% | — | Jul 2019 | GRISX vs BSPGX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | GRISX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 355.20B | Jul 1997 | GRISX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 145.69B | May 1997 | GRISX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | GRISX vs FXAIX |
Best Risk-Adjusted Alternatives to GRISX
GRISX has a PortfoliosLab risk / return rank of 63. There are 19 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 66.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 66 | — | Dec 2013 | GRISX vs SPINX | |
| Principal Large Cap S&P 500 Index Fund Institution... | 65 | — | Mar 2001 | GRISX vs PLFIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 65 | 355.20B | Jul 1997 | GRISX vs VIIIX | |
| iShares S&P 500 Index Fund Class G | 65 | — | Jul 2019 | GRISX vs BSPGX | |
| Vanguard Institutional Index Fund Institutional Sh... | 65 | 355.20B | Jul 1990 | GRISX vs VINIX |
Top Performing GRISX Alternatives (YTD)
GRISX is at 11.15% YTD. There are 18 mutual funds in the S&P 500 category with higher YTD returns, going as high as 16.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 16.23% | — | May 2006 | GRISX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 12.75% | — | Jul 1997 | GRISX vs VADDX | |
| Victory 500 Index Fund | 11.49% | — | May 2002 | GRISX vs USPRX | |
| Schwab S&P 500 Index Fund | 11.35% | 145.69B | May 1997 | GRISX vs SWPPX | |
| iShares S&P 500 Index Fund Class G | 11.34% | — | Jul 2019 | GRISX vs BSPGX |
Lowest Volatility Alternatives to GRISX
GRISX has 12.53% 1-year volatility. There are 19 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 11.05%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 11.05% | — | Sep 2017 | GRISX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.84% | — | Jul 1997 | GRISX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.46% | — | Apr 1992 | GRISX vs SPFIX | |
| Principal LargeCap S&P 500 Index Fund Class A | 12.49% | — | Feb 2001 | GRISX vs PLSAX | |
| CYBER HORNET S&P 500 | 12.49% | — | Mar 2017 | GRISX vs INDEX |
Lowest Drawdown Alternatives to GRISX
GRISX has a 1-year max drawdown of -8.95%. There are 21 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.88%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | GRISX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | GRISX vs SSSYX | |
| Schwab S&P 500 Index Fund | -8.89% | 145.69B | May 1997 | GRISX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | GRISX vs FXAIX | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | -8.90% | — | Sep 2017 | GRISX vs KNGLX |
Other Mutual Funds from Nationwide
The 10 most viewed Nationwide mutual funds shown here include NWXHX, NWJCX, NWXEX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | Multisector Bonds | 99 | 2.57% | — | Nov 2015 | GRISX vs NWXHX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 75 | 25.94% | — | Jun 1996 | GRISX vs NWJCX | |
| Nationwide Strategic Income A | Multisector Bonds | 99 | 2.53% | — | Nov 2015 | GRISX vs NWXEX | |
| Nationwide GQG US Quality Equity Fund | Large Cap Blend Equities | 7 | 5.60% | — | Jan 2021 | GRISX vs NWAUX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 27 | 21.38% | — | May 2001 | GRISX vs NWHQX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 34 | 9.90% | — | Dec 1999 | GRISX vs GIIAX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 62 | 20.34% | — | Dec 1999 | GRISX vs GMRAX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 1 | -2.15% | — | Jan 1999 | GRISX vs NWHVX | |
| Nationwide Mid Cap Market Index Fund | Mid Cap Blend Equities | 38 | 14.87% | — | Dec 1999 | GRISX vs GMXAX | |
| Nationwide Bond Index Fund | Intermediate Core Bond | 14 | -0.21% | — | Dec 1999 | GRISX vs GBIAX |
Often Compared With GRISX
Investors most often compare GRISX with FCNTX, SSPIX, PEOPX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare GRISX with Any Fund or Stock
Compare GRISX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GRISX with funds that move differently
Nationwide S&P 500 Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GRISX.
Explore GRISX Diversifiers