GBIAX vs. NWLSX
Compare and contrast key facts about Nationwide Bond Index Fund (GBIAX) and Nationwide Destination 2035 Fund (NWLSX).
GBIAX is managed by Nationwide. It was launched on Dec 29, 1999. NWLSX is managed by Nationwide. It was launched on Aug 28, 2007.
Performance
GBIAX vs. NWLSX - Performance Comparison
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GBIAX vs. NWLSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GBIAX Nationwide Bond Index Fund | -0.40% | 6.54% | 0.44% | 5.03% | -14.06% | -2.38% | 6.60% | 8.08% | -0.74% | 2.89% |
NWLSX Nationwide Destination 2035 Fund | -3.62% | 16.16% | 10.17% | 17.00% | -17.70% | 13.33% | 12.81% | 18.63% | -8.01% | 15.06% |
Returns By Period
In the year-to-date period, GBIAX achieves a -0.40% return, which is significantly higher than NWLSX's -3.62% return. Over the past 10 years, GBIAX has underperformed NWLSX with an annualized return of 0.91%, while NWLSX has yielded a comparatively higher 7.47% annualized return.
GBIAX
- 1D
- 0.21%
- 1M
- -1.63%
- YTD
- -0.40%
- 6M
- 0.20%
- 1Y
- 3.11%
- 3Y*
- 2.83%
- 5Y*
- -0.58%
- 10Y*
- 0.91%
NWLSX
- 1D
- 0.00%
- 1M
- -6.11%
- YTD
- -3.62%
- 6M
- -1.46%
- 1Y
- 11.57%
- 3Y*
- 10.96%
- 5Y*
- 5.36%
- 10Y*
- 7.47%
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GBIAX vs. NWLSX - Expense Ratio Comparison
GBIAX has a 0.64% expense ratio, which is higher than NWLSX's 0.38% expense ratio.
Return for Risk
GBIAX vs. NWLSX — Risk / Return Rank
GBIAX
NWLSX
GBIAX vs. NWLSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Bond Index Fund (GBIAX) and Nationwide Destination 2035 Fund (NWLSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GBIAX | NWLSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.77 | 1.12 | -0.35 |
Sortino ratioReturn per unit of downside risk | 1.10 | 1.61 | -0.52 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.23 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 1.42 | -0.02 |
Martin ratioReturn relative to average drawdown | 3.85 | 6.29 | -2.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GBIAX | NWLSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 1.12 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 0.42 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.18 | 0.55 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.35 | +0.39 |
Correlation
The correlation between GBIAX and NWLSX is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
GBIAX vs. NWLSX - Dividend Comparison
GBIAX's dividend yield for the trailing twelve months is around 2.97%, less than NWLSX's 8.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBIAX Nationwide Bond Index Fund | 2.97% | 3.18% | 3.07% | 2.57% | 1.59% | 3.02% | 1.79% | 2.27% | 2.29% | 1.93% | 2.15% | 2.43% |
NWLSX Nationwide Destination 2035 Fund | 8.78% | 8.36% | 14.07% | 7.04% | 2.15% | 9.62% | 5.85% | 6.95% | 11.27% | 7.78% | 6.64% | 5.43% |
Drawdowns
GBIAX vs. NWLSX - Drawdown Comparison
The maximum GBIAX drawdown since its inception was -20.26%, smaller than the maximum NWLSX drawdown of -52.58%. Use the drawdown chart below to compare losses from any high point for GBIAX and NWLSX.
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Drawdown Indicators
| GBIAX | NWLSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.26% | -52.58% | +32.32% |
Max Drawdown (1Y)Largest decline over 1 year | -2.73% | -7.91% | +5.18% |
Max Drawdown (5Y)Largest decline over 5 years | -19.07% | -29.54% | +10.47% |
Max Drawdown (10Y)Largest decline over 10 years | -20.26% | -30.59% | +10.33% |
Current DrawdownCurrent decline from peak | -6.78% | -6.88% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -3.02% | -8.65% | +5.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 1.78% | -0.79% |
Volatility
GBIAX vs. NWLSX - Volatility Comparison
The current volatility for Nationwide Bond Index Fund (GBIAX) is 1.54%, while Nationwide Destination 2035 Fund (NWLSX) has a volatility of 3.73%. This indicates that GBIAX experiences smaller price fluctuations and is considered to be less risky than NWLSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GBIAX | NWLSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 3.73% | -2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 2.62% | 6.40% | -3.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.36% | 10.88% | -6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.98% | 12.90% | -6.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.94% | 13.69% | -8.75% |