Nationwide Strategic Income A (NWXEX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NWXEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NWXEX
NWXEX charges 0.99% annually. There are 57 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | NWXEX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | NWXEX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | NWXEX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | NWXEX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | NWXEX vs MOFIX |
Best Risk-Adjusted Alternatives to NWXEX
NWXEX has a PortfoliosLab risk / return rank of 99. There is 1 mutual fund in the Multisector Bonds category with a higher risk-adjusted rank, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | NWXEX vs NWXHX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | NWXEX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | NWXEX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | NWXEX vs CBLDX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | NWXEX vs ICMUX |
Top Performing NWXEX Alternatives (YTD)
NWXEX is at 2.22% YTD. There are 4 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.36%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.36% | — | Jan 2011 | NWXEX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.03% | — | May 2016 | NWXEX vs LFLIX | |
| Nationwide Amundi Strategic Income Fund | 2.37% | — | Nov 2015 | NWXEX vs NWXHX | |
| Eaton Vance Strategic Income Fund Class I | 2.33% | — | Apr 2009 | NWXEX vs ESIIX | |
| Intrepid Income Fund | 2.20% | — | Jul 2007 | NWXEX vs ICMUX |
Lowest Volatility Alternatives to NWXEX
NWXEX has 1.22% 1-year volatility. There is 1 mutual fund in the Multisector Bonds category with lower 1-year volatility, going as low as 1.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.19% | — | Nov 2015 | NWXEX vs NWXHX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | NWXEX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.40% | — | Jan 2018 | NWXEX vs CBLDX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | NWXEX vs RFXIX | |
| Muzinich Low Duration Fund | 1.56% | — | Jun 2016 | NWXEX vs MZLSX |
Lowest Drawdown Alternatives to NWXEX
NWXEX has a 1-year max drawdown of -0.43%. There is 1 mutual fund in the Multisector Bonds category with a shallower 1-year drawdown, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | NWXEX vs NWXHX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | NWXEX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | NWXEX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | NWXEX vs BWDTX | |
| CrossingBridge Responsible Credit Fund | -1.05% | — | Jun 2021 | NWXEX vs CBRDX |
Other Mutual Funds from Nationwide
The 10 most viewed Nationwide mutual funds shown here include GRISX, NWJCX, NWHQX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nationwide S&P 500 Index Fund | S&P 500 | 63 | 9.61% | — | Nov 1998 | NWXEX vs GRISX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 83 | 28.90% | — | Jun 1996 | NWXEX vs NWJCX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 32 | 22.86% | — | May 2001 | NWXEX vs NWHQX | |
| Nationwide GQG US Quality Equity Fund | Large Cap Blend Equities | 4 | 2.66% | — | Jan 2021 | NWXEX vs NWAUX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 38 | 10.39% | — | Dec 1999 | NWXEX vs GIIAX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 70 | 21.36% | — | Dec 1999 | NWXEX vs GMRAX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 1 | -5.23% | — | Jan 1999 | NWXEX vs NWHVX | |
| Nationwide Mid Cap Market Index Fund | Mid Cap Blend Equities | 49 | 15.54% | — | Dec 1999 | NWXEX vs GMXAX | |
| Nationwide Bond Index Fund | Intermediate Core Bond | 14 | -0.18% | — | Dec 1999 | NWXEX vs GBIAX | |
| Nationwide Investor Destinations Moderately Aggres... | Diversified Portfolio | 71 | 10.76% | — | Mar 2000 | NWXEX vs NDMAX |
Often Compared With NWXEX
Investors most often compare NWXEX with DHEAX, IOFIX, FBAPX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare NWXEX with Any Fund or Stock
Compare NWXEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NWXEX with funds that move differently
Nationwide Strategic Income A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NWXEX.
Explore NWXEX Diversifiers