- ISIN
- US63867R6210
- Issuer
- Nationwide
- Inception Date
- May 11, 1933
- Category
- Large Cap Blend Equities
- Min. Investment
- $50,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
MUIFX Performance Chart
Nationwide Fund (MUIFX) is up 6.8% since the beginning of the year. MUIFX is currently trading at $30 per share. Investors who bought $1,000 worth of MUIFX shares 5 years ago would now be looking at an investment worth $1,703.
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Returns By Period
Nationwide Fund (MUIFX) has returned 6.79% so far this year and 19.58% over the past 12 months. Over the last decade, MUIFX has posted an annualized return of 14.02%, slightly higher than the S&P 500 Index benchmark’s 13.66%.
Nationwide Fund
- 1D
- 0.17%
- 1M
- 3.69%
- YTD
- 6.79%
- 6M
- 7.01%
- 1Y
- 19.58%
- 3Y*
- 18.43%
- 5Y*
- 11.23%
- 10Y*
- 14.02%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
MUIFX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1980, MUIFX's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, an investment would double in approximately 6.9 years.
Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +13.9%, while the worst month was Oct 1987 at -21.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, MUIFX closed higher 47% of trading days. The best single day was Dec 27, 2006 with a return of +12.3%, while the worst single day was Mar 16, 2020 at -12.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.41% | -2.38% | -4.91% | 10.22% | 2.65% | 0.27% | 6.79% | ||||||
| 2025 | 2.70% | -1.74% | -5.85% | 0.38% | 5.97% | 4.41% | 2.04% | 2.06% | 2.22% | 1.68% | -0.23% | 0.23% | 14.21% |
| 2024 | 1.88% | 5.44% | 3.09% | -3.60% | 4.00% | 2.73% | -0.12% | 2.78% | 1.24% | -0.69% | 5.81% | -2.37% | 21.61% |
| 2023 | 6.57% | -2.72% | 3.59% | 1.90% | 0.04% | 5.69% | 2.70% | -1.61% | -4.34% | -2.14% | 9.88% | 4.52% | 25.72% |
| 2022 | -5.23% | -1.95% | 2.66% | -9.06% | 0.00% | -8.56% | 8.41% | -3.80% | -9.06% | 7.22% | 5.81% | -5.20% | -19.09% |
| 2021 | -1.60% | 3.45% | 3.24% | 5.92% | 0.07% | 2.60% | 1.95% | 3.08% | -4.50% | 5.78% | -1.66% | 5.09% | 25.37% |
Benchmark Metrics
Nationwide Fund has an annualized alpha of 1.28%, beta of 0.85, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since January 03, 1980.
- This fund participated in 93.22% of S&P 500 Index downside but only 92.19% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 1.28%
- Beta
- 0.85
- R²
- 0.75
- Upside Capture
- 92.19%
- Downside Capture
- 93.22%
Expense Ratio
MUIFX has an expense ratio of 0.65%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MUIFX ranks 34 for risk / return — below 34% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Nationwide Fund (MUIFX) and compare them to S&P 500 Index.
| MUIFX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.73 | 2.24 | -0.52 |
Sortino ratioReturn per unit of downside risk | 2.43 | 3.07 | -0.64 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.41 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.97 | 2.93 | -0.96 |
Martin ratioReturn relative to average drawdown | 8.24 | 13.52 | -5.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Nationwide Fund provided a 24.73% dividend yield over the last twelve months, with an annual payout of $7.30 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $7.30 | $7.27 | $3.42 | $0.92 | $0.97 | $4.33 | $0.87 | $0.68 | $4.99 | $2.35 | $0.99 | $0.81 |
Dividend yield | 24.73% | 26.23% | 11.10% | 3.28% | 4.19% | 14.53% | 3.15% | 2.94% | 27.39% | 9.55% | 4.40% | 3.85% |
Monthly Dividends
The table displays the monthly dividend distributions for Nationwide 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.06 | ||||||
| 2025 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $7.16 | $7.27 |
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $3.32 | $3.42 |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.78 | $0.92 |
| 2022 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.82 | $0.97 |
| 2021 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $4.18 | $4.33 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Nationwide 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 Fund was 58.31%, occurring on Mar 9, 2009. Recovery took 1008 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -58.31%Mar 2009 | 1y 5mo | 4y 3d | 5y 5moOct 2007 - Mar 2013 |
Dot-com crash2000–2002 | -43.01%Oct 2002 | 3y 2mo | 3y 2mo | 6y 5moJul 1999 - Jan 2006 |
Black Monday1987 | -41.23%Dec 1987 | 3mo 22d | 3y 4mo | 3y 8moAug 1987 - Apr 1991 |
COVID crash2020 | -34.37%Mar 2020 | 1mo 2d | 4mo 13d | 5mo 15dFeb 2020 - Aug 2020 |
Bear market2022 | -25.44%Oct 2022 | 9mo 20d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
Drawdown Indicators
| MUIFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.31% | -56.78% | -1.53% |
Max Drawdown (1Y)Largest decline over 1 year | -10.27% | -9.10% | -1.17% |
Max Drawdown (3Y)Largest decline over 3 years | -18.71% | -18.90% | +0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -25.44% | -25.43% | -0.01% |
Max Drawdown (10Y)Largest decline over 10 years | -34.37% | -33.92% | -0.45% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -9.19% | -10.72% | +1.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 1.97% | +0.48% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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