Nationwide Destination 2040 Fund (NWMSX) Alternatives
Nationwide Destination 2040 Fund (NWMSX) 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 NWMSX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to NWMSX
NWMSX charges 0.38% annually. Among mutual funds in the Target Retirement Date category, these options have the lowest expense ratios among NWMSX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Principal LifeTime 2035 Fund | 0.01% | Feb 28, 2008 | NWMSX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | Feb 28, 2001 | NWMSX vs PMTIX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | Mar 25, 2014 | NWMSX vs JLKYX | |
| Principal LifeTime 2045 Fund | 0.01% | Feb 28, 2008 | NWMSX vs LTRIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | Mar 26, 2020 | NWMSX vs FCQTX |
Best Risk-Adjusted Alternatives to NWMSX
Among mutual funds in the Target Retirement Date category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| USAA Target Retirement Income Fund | 86 | Jul 30, 2008 | NWMSX vs URINX | |
| Putnam Retirement Advantage Maturity Fund | 86 | Dec 30, 2019 | NWMSX vs PADLX | |
| Fidelity Freedom Income Fund Class K6 | 84 | Oct 17, 1996 | NWMSX vs FYTKX | |
| State Street Target Retirement Fund | 84 | Sep 29, 2014 | NWMSX vs SSFNX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | Aug 1, 2019 | NWMSX vs FRHMX |
Top Performing NWMSX Alternatives (YTD)
NWMSX alternatives from the Target Retirement Date category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Prudential Day One Income Fund | 0.08% | Dec 12, 2016 | NWMSX vs PDAHX | |
| State Street Target Retirement Fund | -0.35% | Sep 29, 2014 | NWMSX vs SSFNX | |
| Dimensional Retirement Income Fund | -0.37% | Nov 1, 2015 | NWMSX vs TDIFX | |
| Prudential Day One 2020 Fund | -0.38% | Dec 12, 2016 | NWMSX vs PDDDX | |
| Fidelity Freedom Income Fund Class K6 | -0.40% | Oct 17, 1996 | NWMSX vs FYTKX |
Lowest Volatility Alternatives to NWMSX
NWMSX alternatives from the Target Retirement Date category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dimensional Retirement Income Fund | 4.31% | Nov 1, 2015 | NWMSX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.34% | Oct 2, 2009 | NWMSX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.35% | Oct 2, 2009 | NWMSX vs FFGZX | |
| Fidelity Managed Retirement Income Fund Class K | 4.58% | Aug 1, 2019 | NWMSX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.59% | Aug 30, 2007 | NWMSX vs FRAMX |
Lowest Drawdown Alternatives to NWMSX
NWMSX alternatives from the Target Retirement Date category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.84% | Nov 1, 2015 | NWMSX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | Oct 2, 2009 | NWMSX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | Oct 2, 2009 | NWMSX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | Aug 1, 2019 | NWMSX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | Aug 1, 2019 | NWMSX vs FRHMX |
Other Mutual Funds from Nationwide
Most popular Nationwide mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | Multisector Bonds | 99 | 0.76% | Nov 1, 2015 | NWMSX vs NWXHX | |
| Nationwide S&P 500 Index Fund | S&P 500 | 43 | -7.15% | Nov 2, 1998 | NWMSX vs GRISX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 66 | -2.18% | Jun 9, 1996 | NWMSX vs NWJCX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 14 | -15.35% | May 29, 2001 | NWMSX vs NWHQX | |
| Nationwide GQG US Quality Equity Fund | Large Cap Blend Equities | 17 | 9.70% | Jan 24, 2021 | NWMSX vs NWAUX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 1 | -11.40% | Jan 4, 1999 | NWMSX vs NWHVX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 46 | -2.61% | Dec 29, 1999 | NWMSX vs GMRAX | |
| Nationwide Mid Cap Market Index Fund | Mid Cap Blend Equities | 29 | -0.45% | Dec 29, 1999 | NWMSX vs GMXAX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 60 | -2.12% | Dec 29, 1999 | NWMSX vs GIIAX | |
| Nationwide Bond Index Fund | Intermediate Core Bond | 42 | -0.61% | Dec 29, 1999 | NWMSX vs GBIAX |
Often Compared With NWMSX
What investors most often compare with NWMSX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 65 | -2.81% | — | NWMSX vs ETV | ||
| Fidelity Managed Retirement 2010 Fund Class K | Target Retirement Date | 83 | -0.48% | Aug 1, 2019 | NWMSX vs FRQKX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 39 | -5.21% | Feb 28, 2008 | NWMSX vs LTFIX | |
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | Target Retirement Date | 59 | -3.42% | Nov 6, 2013 | NWMSX vs JRLVX | |
| Principal LifeTime 2050 Fund | Target Retirement Date | 39 | -5.09% | Feb 28, 2001 | NWMSX vs PPLIX |
Compare NWMSX with Any Fund or Stock
Compare NWMSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.