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 19 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 | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 342.00B | Jul 1997 | GRISX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 145.00B | May 1997 | GRISX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | GRISX vs FXAIX | |
| iShares S&P 500 Index Fund | 0.03% | — | Jul 1993 | GRISX vs WFSPX |
Best Risk-Adjusted Alternatives to GRISX
GRISX has a PortfoliosLab risk / return rank of 71. There are 16 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 74.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 74 | — | Dec 2013 | GRISX vs SPINX | |
| Fidelity 500 Index Fund | 73 | — | Feb 1988 | GRISX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 73 | 342.00B | Jul 1997 | GRISX vs VIIIX | |
| iShares S&P 500 Index Fund | 73 | — | Jul 1993 | GRISX vs WFSPX | |
| iShares S&P 500 Index Fund Class G | 73 | — | Jul 2019 | GRISX vs BSPGX |
Top Performing GRISX Alternatives (YTD)
GRISX is at 11.55% YTD. There are 16 mutual funds in the S&P 500 category with higher YTD returns, going as high as 17.64%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 17.64% | — | May 2006 | GRISX vs DXSLX | |
| Victory 500 Index Fund | 11.95% | — | May 2002 | GRISX vs USPRX | |
| Fidelity 500 Index Fund | 11.71% | — | Feb 1988 | GRISX vs FXAIX | |
| iShares S&P 500 Index Fund Class G | 11.70% | — | Jul 2019 | GRISX vs BSPGX | |
| Vanguard Institutional Index Fund Institutional Pl... | 11.70% | 342.00B | Jul 1997 | GRISX vs VIIIX |
Lowest Volatility Alternatives to GRISX
GRISX has 11.88% 1-year volatility. There are 24 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 8.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 8.86% | 236.88M | Feb 2016 | GRISX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 10.62% | — | Sep 2017 | GRISX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.64% | — | Jul 1997 | GRISX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 11.81% | — | Apr 1992 | GRISX vs SPFIX | |
| SEI Institutional Managed Trust S&P 500 Index Fund | 11.83% | — | Feb 1996 | GRISX vs SSPIX |
Lowest Drawdown Alternatives to GRISX
GRISX has a 1-year max drawdown of -8.95%. There are 20 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -7.15% | 236.88M | Feb 2016 | GRISX vs PUTW | |
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | GRISX vs VADDX | |
| Schwab S&P 500 Index Fund | -8.89% | 145.00B | May 1997 | GRISX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | GRISX vs FXAIX | |
| iShares S&P 500 Index Fund Class G | -8.90% | — | Jul 2019 | GRISX vs BSPGX |
Other Mutual Funds from Nationwide
The 10 most viewed Nationwide mutual funds shown here include NWXHX, NWJCX, NWHQX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | Multisector Bonds | 99 | 2.29% | — | Nov 2015 | GRISX vs NWXHX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 81 | 27.01% | — | Jun 1996 | GRISX vs NWJCX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 38 | 25.03% | — | May 2001 | GRISX vs NWHQX | |
| Nationwide GQG US Quality Equity Fund | Large Cap Blend Equities | 6 | 7.43% | — | Jan 2021 | GRISX vs NWAUX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 25 | 9.14% | — | Dec 1999 | GRISX vs GIIAX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 1 | -2.90% | — | Jan 1999 | GRISX vs NWHVX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 62 | 18.35% | — | Dec 1999 | GRISX vs GMRAX | |
| Nationwide Strategic Income A | Multisector Bonds | 99 | 2.17% | — | Nov 2015 | GRISX vs NWXEX | |
| Nationwide Mid Cap Market Index Fund | Mid Cap Blend Equities | 44 | 13.94% | — | Dec 1999 | GRISX vs GMXAX | |
| Nationwide Investor Destinations Moderately Aggres... | Diversified Portfolio | 67 | 10.65% | — | Mar 2000 | GRISX vs NDMAX |
Often Compared With GRISX
Investors most often compare GRISX with FCNTX, PEOPX, VOO. These 20 comparison targets span 11 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