- ISIN
- US63868D7536
- Issuer
- Nationwide
- Inception Date
- Feb 27, 2020
- Category
- Target Retirement Date
- Min. Investment
- $2,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
NWAQX Performance Chart
Nationwide Destination 2065 Fund (NWAQX) is up 11.5% since the beginning of the year. NWAQX is currently trading at $16 per share. Investors who bought $1,000 worth of NWAQX shares 5 years ago would now be looking at an investment worth $1,561.
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Returns By Period
Nationwide Destination 2065 Fund (NWAQX) has returned 11.48% so far this year and 26.65% over the past 12 months.
Nationwide Destination 2065 Fund
- 1D
- 1.11%
- 1M
- 1.77%
- YTD
- 11.48%
- 6M
- 11.32%
- 1Y
- 26.65%
- 3Y*
- 17.25%
- 5Y*
- 9.32%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NWAQX Monthly Returns History
Based on dividend-adjusted daily data since Feb 28, 2020, NWAQX's average daily return is +0.05%, while the average monthly return is +1.10%. At this rate, an investment would double in approximately 5.3 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +11.1%, while the worst month was Mar 2020 at -16.9%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.
On a daily basis, NWAQX closed higher 52% of trading days. The best single day was Mar 13, 2020 with a return of +7.6%, while the worst single day was Mar 16, 2020 at -12.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.65% | 1.26% | -5.80% | 9.08% | 4.10% | 0.26% | 11.48% | ||||||
| 2025 | 3.21% | -0.62% | -3.67% | 0.57% | 5.17% | 3.96% | 0.67% | 2.87% | 2.69% | 1.53% | 0.48% | 1.08% | 19.12% |
| 2024 | -0.41% | 3.82% | 3.60% | -4.32% | 4.11% | 1.16% | 2.22% | 2.02% | 1.67% | -2.17% | 4.66% | -3.64% | 12.92% |
| 2023 | 7.77% | -3.07% | 1.77% | 0.73% | -1.18% | 5.80% | 3.39% | -2.69% | -4.15% | -3.25% | 8.57% | 6.01% | 20.25% |
| 2022 | -5.28% | -2.54% | 1.18% | -8.15% | 0.45% | -8.35% | 7.58% | -3.93% | -9.40% | 6.94% | 7.57% | -4.81% | -19.01% |
| 2021 | -0.09% | 2.77% | 2.69% | 4.01% | 1.18% | 1.17% | 0.46% | 2.14% | -3.83% | 4.76% | -2.53% | 3.73% | 17.34% |
Benchmark Metrics
Nationwide Destination 2065 Fund has an annualized alpha of -1.44%, beta of 0.88, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since February 28, 2020.
- This fund participated in 97.86% of S&P 500 Index downside but only 86.18% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.88 and R2 of 0.94, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.44%
- Beta
- 0.88
- R²
- 0.94
- Upside Capture
- 86.18%
- Downside Capture
- 97.86%
Expense Ratio
NWAQX has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
NWAQX ranks 62 for risk / return — better than 62% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Nationwide Destination 2065 Fund (NWAQX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NWAQX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.37 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 2.78 | +0.14 |
| Martin ratioReturn relative to average drawdown | 12.77 | 12.44 | +0.33 |
Dividends
Dividend History
Nationwide Destination 2065 Fund provided a 5.71% dividend yield over the last twelve months, with an annual payout of $0.89 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.89 | $0.91 | $1.18 | $0.27 | $0.14 | $0.70 | $0.78 |
Dividend yield | 5.71% | 6.54% | 9.49% | 2.23% | 1.38% | 5.43% | 6.71% |
Monthly Dividends
The table displays the monthly dividend distributions for Nationwide Destination 2065 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.87 | $0.91 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $1.16 | $1.18 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.27 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.14 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.69 | $0.70 |
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 Destination 2065 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 Destination 2065 Fund was 29.29%, occurring on Mar 20, 2020. Recovery took 83 trading sessions.
The current Nationwide Destination 2065 Fund drawdown is 0.32%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -29.29%Mar 2020 | 15d | 4mo 3d | 4mo 18dMar 2020 - Jul 2020 |
Bear market2022 | -26.97%Sep 2022 | 10mo 25d | 1y 5mo | 2y 3moNov 2021 - Mar 2024 |
2025 selloff2025 | -15.18%Apr 2025 | 1mo 18d | 1mo 26d | 3mo 14dFeb 2025 - Jun 2025 |
2026 pullback2026 | -8.98%Mar 2026 | 1mo 2d | 16d | 1mo 18dFeb 2026 - Apr 2026 |
2024 pullback2024 | -7.66%Aug 2024 | 19d | 18d | 1mo 7dJul 2024 - Aug 2024 |
Drawdown Indicators
| NWAQX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.29% | -56.78% | +27.49% |
Max Drawdown (1Y)Largest decline over 1 year | -8.98% | -9.10% | +0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -15.18% | -18.90% | +3.72% |
Max Drawdown (5Y)Largest decline over 5 years | -26.97% | -25.43% | -1.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.32% | -1.80% | +1.48% |
Average DrawdownAverage peak-to-trough decline | -6.25% | -10.71% | +4.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 2.03% | +0.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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