GRISX vs. NDAAX
Compare and contrast key facts about Nationwide S&P 500 Index Fund (GRISX) and Nationwide Investor Destinations Aggressive Fund (NDAAX).
GRISX is a passively managed fund by Nationwide that tracks the performance of the S&P 500 Index. It was launched on Nov 2, 1998. NDAAX is managed by Nationwide. It was launched on Mar 29, 2000.
Performance
GRISX vs. NDAAX - Performance Comparison
Loading graphics...
GRISX vs. NDAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRISX Nationwide S&P 500 Index Fund | -4.41% | 17.41% | 24.13% | 25.55% | -18.49% | 28.32% | 17.92% | 30.94% | -3.84% | 21.35% |
NDAAX Nationwide Investor Destinations Aggressive Fund | -0.74% | 17.35% | 14.01% | 20.48% | -18.33% | 17.16% | 13.37% | 21.59% | -10.35% | 17.71% |
Returns By Period
In the year-to-date period, GRISX achieves a -4.41% return, which is significantly lower than NDAAX's -0.74% return. Over the past 10 years, GRISX has outperformed NDAAX with an annualized return of 13.69%, while NDAAX has yielded a comparatively lower 9.22% annualized return.
GRISX
- 1D
- 2.95%
- 1M
- -5.03%
- YTD
- -4.41%
- 6M
- -2.28%
- 1Y
- 16.97%
- 3Y*
- 17.65%
- 5Y*
- 11.26%
- 10Y*
- 13.69%
NDAAX
- 1D
- 2.71%
- 1M
- -5.20%
- YTD
- -0.74%
- 6M
- 1.95%
- 1Y
- 18.17%
- 3Y*
- 14.74%
- 5Y*
- 7.49%
- 10Y*
- 9.22%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GRISX vs. NDAAX - Expense Ratio Comparison
GRISX has a 0.44% expense ratio, which is lower than NDAAX's 0.53% expense ratio.
Return for Risk
GRISX vs. NDAAX — Risk / Return Rank
GRISX
NDAAX
GRISX vs. NDAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide S&P 500 Index Fund (GRISX) and Nationwide Investor Destinations Aggressive Fund (NDAAX). 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.
| GRISX | NDAAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 1.21 | -0.25 |
Sortino ratioReturn per unit of downside risk | 1.47 | 1.77 | -0.30 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.26 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.73 | -0.24 |
Martin ratioReturn relative to average drawdown | 7.12 | 7.78 | -0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GRISX | NDAAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 1.21 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.47 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.55 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.31 | +0.09 |
Correlation
The correlation between GRISX and NDAAX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GRISX vs. NDAAX - Dividend Comparison
GRISX's dividend yield for the trailing twelve months is around 5.35%, less than NDAAX's 10.77% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRISX Nationwide S&P 500 Index Fund | 5.35% | 5.08% | 2.62% | 0.79% | 1.67% | 4.96% | 1.27% | 6.26% | 18.54% | 6.66% | 7.42% | 11.98% |
NDAAX Nationwide Investor Destinations Aggressive Fund | 10.77% | 10.60% | 18.58% | 5.92% | 3.68% | 6.69% | 5.75% | 8.80% | 14.29% | 12.98% | 9.26% | 7.45% |
Drawdowns
GRISX vs. NDAAX - Drawdown Comparison
The maximum GRISX drawdown since its inception was -55.53%, roughly equal to the maximum NDAAX drawdown of -55.26%. Use the drawdown chart below to compare losses from any high point for GRISX and NDAAX.
Loading graphics...
Drawdown Indicators
| GRISX | NDAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.53% | -55.26% | -0.27% |
Max Drawdown (1Y)Largest decline over 1 year | -12.11% | -10.96% | -1.15% |
Max Drawdown (5Y)Largest decline over 5 years | -24.75% | -29.50% | +4.75% |
Max Drawdown (10Y)Largest decline over 10 years | -33.85% | -36.67% | +2.82% |
Current DrawdownCurrent decline from peak | -6.27% | -6.23% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -10.92% | -10.48% | -0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.44% | +0.09% |
Volatility
GRISX vs. NDAAX - Volatility Comparison
The current volatility for Nationwide S&P 500 Index Fund (GRISX) is 5.34%, while Nationwide Investor Destinations Aggressive Fund (NDAAX) has a volatility of 5.77%. This indicates that GRISX experiences smaller price fluctuations and is considered to be less risky than NDAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GRISX | NDAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 5.77% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 9.54% | 9.08% | +0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.31% | 15.54% | +2.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.95% | 15.88% | +1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.06% | 16.88% | +1.18% |