Nationwide Destination 2050 Fund (NWOSX) 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 NWOSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NWOSX
NWOSX 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 2045 Fund | 0.01% | — | Feb 2008 | NWOSX vs LTRIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | NWOSX vs LTFIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | NWOSX vs PTDIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | NWOSX vs JIEHX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | NWOSX vs FCQTX |
Best Risk-Adjusted Alternatives to NWOSX
NWOSX has a PortfoliosLab risk / return rank of 65. There are 396 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 87 | — | Dec 2019 | NWOSX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 84 | — | Dec 2007 | NWOSX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | NWOSX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | NWOSX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | NWOSX vs FRHMX |
Top Performing NWOSX Alternatives (YTD)
NWOSX is at 10.86% YTD. There are 233 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 | NWOSX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | NWOSX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | NWOSX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | NWOSX vs FIRVX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.76% | — | Aug 2014 | NWOSX vs FVTKX |
Lowest Volatility Alternatives to NWOSX
NWOSX has 12.13% 1-year volatility. There are 430 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.58% | — | Nov 2015 | NWOSX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | NWOSX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.31% | — | Oct 2009 | NWOSX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.32% | — | Oct 2009 | NWOSX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.36% | — | Aug 2007 | NWOSX vs FRQAX |
Lowest Drawdown Alternatives to NWOSX
NWOSX has a 1-year max drawdown of -8.69%. There are 435 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 | NWOSX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | NWOSX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | NWOSX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | NWOSX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | NWOSX vs FRKMX |
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 | 2.37% | — | Nov 2015 | NWOSX vs NWXHX | |
| Nationwide S&P 500 Index Fund | S&P 500 | 63 | 9.61% | — | Nov 1998 | NWOSX vs GRISX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 83 | 28.90% | — | Jun 1996 | NWOSX vs NWJCX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 32 | 22.86% | — | May 2001 | NWOSX vs NWHQX | |
| Nationwide GQG US Quality Equity Fund | Large Cap Blend Equities | 4 | 2.66% | — | Jan 2021 | NWOSX vs NWAUX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 38 | 10.39% | — | Dec 1999 | NWOSX vs GIIAX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 70 | 21.36% | — | Dec 1999 | NWOSX vs GMRAX | |
| Nationwide Strategic Income A | Multisector Bonds | 99 | 2.22% | — | Nov 2015 | NWOSX vs NWXEX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 1 | -5.23% | — | Jan 1999 | NWOSX vs NWHVX | |
| Nationwide Mid Cap Market Index Fund | Mid Cap Blend Equities | 49 | 15.54% | — | Dec 1999 | NWOSX vs GMXAX |
Often Compared With NWOSX
Investors most often compare NWOSX with FFSFX, FFSDX, FFSZX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare NWOSX with Any Fund or Stock
Compare NWOSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NWOSX with funds that move differently
Nationwide Destination 2050 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NWOSX.
Explore NWOSX Diversifiers