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 302 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 | NWOSX vs LTFIX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | NWOSX vs LTSTX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | NWOSX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | NWOSX vs PPLIX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | NWOSX vs PLWIX |
Best Risk-Adjusted Alternatives to NWOSX
NWOSX has a PortfoliosLab risk / return rank of 64. There are 359 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 | NWOSX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | NWOSX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | NWOSX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | NWOSX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | NWOSX vs URTRX |
Top Performing NWOSX Alternatives (YTD)
NWOSX is at 10.47% YTD. There are 161 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 | NWOSX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | NWOSX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | NWOSX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | NWOSX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | NWOSX vs FQLSX |
Lowest Volatility Alternatives to NWOSX
NWOSX has 12.56% 1-year volatility. There are 410 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 | NWOSX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | NWOSX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | NWOSX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | NWOSX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | NWOSX vs DRIQX |
Lowest Drawdown Alternatives to NWOSX
NWOSX has a 1-year max drawdown of -8.71%. There are 413 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 Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | NWOSX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | NWOSX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | NWOSX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | NWOSX 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 | NWOSX vs NWXHX | |
| Nationwide Strategic Income A | Multisector Bonds | 99 | 2.50% | — | Nov 2015 | NWOSX vs NWXEX | |
| Nationwide S&P 500 Index Fund | S&P 500 | 58 | 9.12% | — | Nov 1998 | NWOSX vs GRISX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 70 | 20.98% | — | Jun 1996 | NWOSX vs NWJCX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 63 | 12.14% | — | Dec 1999 | NWOSX vs GIIAX | |
| Nationwide GQG US Quality Equity Fund | Quality Factor, Large Cap Blend Equities | 13 | 5.53% | — | Jan 2021 | NWOSX vs NWAUX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 19 | 12.92% | — | May 2001 | NWOSX vs NWHQX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 76 | 19.02% | — | Dec 1999 | NWOSX vs GMRAX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 1 | -1.87% | — | Jan 1999 | NWOSX vs NWHVX | |
| Nationwide Mid Cap Market Index Fund | Mid Cap Blend Equities | 50 | 14.41% | — | Dec 1999 | NWOSX vs GMXAX |
Often Compared With NWOSX
Investors most often compare NWOSX with FFSFX, FFSDX, FVTKX. These 20 comparison targets span 1 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