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 485 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 2060 Fund | 0.01% | — | Feb 2013 | NWAQX vs PLTZX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | NWAQX vs JIEHX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | NWAQX vs PLWIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | NWAQX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | NWAQX vs PMTIX |
Best Risk-Adjusted Alternatives to NWAQX
NWAQX has a PortfoliosLab risk / return rank of 63. There are 381 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 | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | NWAQX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | NWAQX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | NWAQX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | NWAQX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | NWAQX vs URTRX |
Top Performing NWAQX Alternatives (YTD)
NWAQX is at 10.92% YTD. There are 107 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | NWAQX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | NWAQX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | NWAQX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | NWAQX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | NWAQX vs FDFPX |
Lowest Volatility Alternatives to NWAQX
NWAQX has 13.02% 1-year volatility. There are 486 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | NWAQX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | NWAQX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | NWAQX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | NWAQX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | NWAQX vs DRIQX |
Lowest Drawdown Alternatives to NWAQX
NWAQX has a 1-year max drawdown of -8.98%. There are 456 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 Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | NWAQX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | NWAQX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | NWAQX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | NWAQX vs PRMYX |
Other Mutual Funds from Nationwide
The 10 most viewed Nationwide mutual funds shown here include NWXHX, NWXEX, GRISX and span 9 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 Strategic Income A | Multisector Bonds | 99 | 2.50% | — | Nov 2015 | NWAQX vs NWXEX | |
| Nationwide S&P 500 Index Fund | S&P 500 | 58 | 9.12% | — | Nov 1998 | NWAQX vs GRISX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 70 | 20.98% | — | Jun 1996 | NWAQX vs NWJCX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 63 | 12.14% | — | Dec 1999 | NWAQX vs GIIAX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 19 | 12.92% | — | May 2001 | NWAQX vs NWHQX | |
| Nationwide GQG US Quality Equity Fund | Quality Factor, Large Cap Blend Equities | 13 | 5.53% | — | Jan 2021 | NWAQX vs NWAUX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 76 | 19.02% | — | Dec 1999 | NWAQX vs GMRAX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 1 | -1.87% | — | Jan 1999 | NWAQX vs NWHVX | |
| Nationwide Mid Cap Market Index Fund | Mid Cap Blend Equities | 50 | 14.41% | — | Dec 1999 | NWAQX vs GMXAX |
Often Compared With NWAQX
Investors most often compare NWAQX with FRBHX, DTDRX, LTRIX. 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