Nationwide Destination 2065 Fund (NWAQX) belongs to the Target Retirement Date category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NWAQX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NWAQX
NWAQX charges 0.60% annually. There are 482 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | NWAQX vs PTDIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | NWAQX vs LTRIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | NWAQX vs PMTIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | NWAQX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | NWAQX vs LTIUX |
Best Risk-Adjusted Alternatives to NWAQX
NWAQX has a PortfoliosLab risk / return rank of 59. There are 442 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 86 | — | Dec 2019 | NWAQX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 86 | — | Dec 2007 | NWAQX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 86 | — | Aug 2019 | NWAQX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 86 | — | Aug 2019 | NWAQX vs FRHMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | NWAQX vs FRAMX |
Top Performing NWAQX Alternatives (YTD)
NWAQX is at 11.64% YTD. There are 181 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 15,640,638.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement Income Fund Class K | 15,640,638.04% | — | Aug 2019 | NWAQX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | NWAQX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | NWAQX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | NWAQX vs FIRVX | |
| Fidelity Flex Freedom Blend 2060 Fund | 14.17% | — | Jun 2017 | NWAQX vs FWLSX |
Lowest Volatility Alternatives to NWAQX
NWAQX has 12.69% 1-year volatility. There are 499 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.50% | — | Nov 2015 | NWAQX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | NWAQX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | NWAQX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | NWAQX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.35% | — | Oct 2009 | NWAQX vs FIKFX |
Lowest Drawdown Alternatives to NWAQX
NWAQX has a 1-year max drawdown of -8.98%. There are 473 mutual funds in the Target Retirement Date category with shallower 1-year drawdowns, going as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | NWAQX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | NWAQX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | NWAQX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | NWAQX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | — | Aug 2019 | NWAQX vs FRHMX |
Other Mutual Funds from Nationwide
The 10 most viewed Nationwide mutual funds shown here include NWXHX, GRISX, NWJCX 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 | NWAQX vs NWXHX | |
| Nationwide S&P 500 Index Fund | S&P 500 | 63 | 11.15% | — | Nov 1998 | NWAQX vs GRISX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 75 | 25.94% | — | Jun 1996 | NWAQX vs NWJCX | |
| Nationwide Strategic Income A | Multisector Bonds | 99 | 2.53% | — | Nov 2015 | NWAQX vs NWXEX | |
| Nationwide GQG US Quality Equity Fund | Large Cap Blend Equities | 7 | 5.60% | — | Jan 2021 | NWAQX vs NWAUX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 27 | 21.38% | — | May 2001 | NWAQX vs NWHQX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 34 | 9.90% | — | Dec 1999 | NWAQX vs GIIAX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 62 | 20.34% | — | Dec 1999 | NWAQX vs GMRAX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 1 | -2.15% | — | Jan 1999 | NWAQX vs NWHVX | |
| Nationwide Mid Cap Market Index Fund | Mid Cap Blend Equities | 38 | 14.87% | — | Dec 1999 | NWAQX vs GMXAX |
Often Compared With NWAQX
Investors most often compare NWAQX with PDAHX, FRBHX, DTDRX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare NWAQX with Any Fund or Stock
Compare NWAQX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NWAQX with funds that move differently
Nationwide Destination 2065 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NWAQX.
Explore NWAQX Diversifiers