Nationwide Destination Retirement Fund (NWESX) 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 NWESX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NWESX
NWESX charges 0.38% annually. There are 301 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 2055 Fund | 0.01% | — | Feb 2008 | NWESX vs LTFIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | NWESX vs PTDIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | NWESX vs LTRIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | NWESX vs LTIUX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | NWESX vs JIEHX |
Best Risk-Adjusted Alternatives to NWESX
NWESX has a PortfoliosLab risk / return rank of 54. There are 542 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 | |
|---|---|---|---|---|---|
| USAA Target Retirement Income Fund | 86 | — | Jul 2008 | NWESX vs URINX | |
| State Street Target Retirement 2025 Fund | 86 | — | Sep 2014 | NWESX vs SSBRX | |
| State Street Target Retirement Fund | 85 | — | Sep 2014 | NWESX vs SSFNX | |
| USAA Target Retirement 2040 Fund | 85 | — | Jul 2008 | NWESX vs URFRX | |
| USAA Target Retirement 2030 Fund | 85 | — | Jul 2008 | NWESX vs URTRX |
Top Performing NWESX Alternatives (YTD)
NWESX is at 4.75% YTD. There are 586 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 16.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Freedom 2060 Fund Class K6 | 16.14% | — | Aug 2014 | NWESX vs FVTKX | |
| Fidelity Flex Freedom Blend 2065 Fund | 16.10% | — | Jun 2019 | NWESX vs FDFPX | |
| Fidelity Freedom 2055 Fund Class K6 | 16.09% | — | Jun 2011 | NWESX vs FCTKX | |
| Fidelity Freedom 2065 Fund Class K | 16.04% | — | Jun 2019 | NWESX vs FFSDX | |
| Fidelity Freedom 2060 Fund Class K | 16.02% | — | Jul 2017 | NWESX vs FNSFX |
Lowest Volatility Alternatives to NWESX
NWESX has 6.57% 1-year volatility. There are 108 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.53%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.53% | — | Nov 2015 | NWESX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.48% | — | Oct 2009 | NWESX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.51% | — | Oct 2009 | NWESX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | NWESX vs DRIQX | |
| MFS Lifetime Income Fund | 4.52% | — | Sep 2005 | NWESX vs MLLIX |
Lowest Drawdown Alternatives to NWESX
NWESX has a 1-year max drawdown of -5.31%. There are 141 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 | NWESX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | NWESX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | NWESX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | NWESX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | NWESX 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 | 2.87% | — | Nov 2015 | NWESX vs NWXHX | |
| Nationwide Strategic Income A | Multisector Bonds | 99 | 2.70% | — | Nov 2015 | NWESX vs NWXEX | |
| Nationwide S&P 500 Index Fund | S&P 500 | 66 | 13.50% | — | Nov 1998 | NWESX vs GRISX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 71 | 22.47% | — | Jun 1996 | NWESX vs NWJCX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 56 | 11.84% | — | Dec 1999 | NWESX vs GIIAX | |
| Nationwide GQG US Quality Equity Fund | Quality Factor, Large Cap Blend Equities | 18 | 7.81% | — | Jan 2021 | NWESX vs NWAUX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 24 | 16.54% | — | May 2001 | NWESX vs NWHQX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 81 | 20.50% | — | Dec 1999 | NWESX vs GMRAX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 2 | 0.00% | — | Jan 1999 | NWESX vs NWHVX | |
| Nationwide Mid Cap Market Index Fund | Mid Cap Blend Equities | 58 | 15.47% | — | Dec 1999 | NWESX vs GMXAX |
Often Compared With NWESX
Investors most often compare NWESX with NDMAX, FRQIX, FCQTX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare NWESX with Any Fund or Stock
Compare NWESX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NWESX with funds that move differently
Nationwide Destination Retirement Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NWESX.
Explore NWESX Diversifiers