GRISX vs. NWHFX
Compare and contrast key facts about Nationwide S&P 500 Index Fund (GRISX) and Nationwide Bailard Cognitive Value Fund (NWHFX).
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. NWHFX is managed by Nationwide. It was launched on May 30, 2001.
Performance
GRISX vs. NWHFX - Performance Comparison
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GRISX vs. NWHFX - 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% |
NWHFX Nationwide Bailard Cognitive Value Fund | 5.84% | 9.95% | 10.23% | 15.78% | -12.91% | 36.15% | 8.82% | 21.18% | -16.17% | 4.04% |
Returns By Period
In the year-to-date period, GRISX achieves a -4.41% return, which is significantly lower than NWHFX's 5.84% return. Over the past 10 years, GRISX has outperformed NWHFX with an annualized return of 13.69%, while NWHFX has yielded a comparatively lower 9.78% 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%
NWHFX
- 1D
- 2.17%
- 1M
- -4.45%
- YTD
- 5.84%
- 6M
- 9.24%
- 1Y
- 24.85%
- 3Y*
- 15.07%
- 5Y*
- 7.36%
- 10Y*
- 9.78%
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GRISX vs. NWHFX - Expense Ratio Comparison
GRISX has a 0.44% expense ratio, which is lower than NWHFX's 1.00% expense ratio.
Return for Risk
GRISX vs. NWHFX — Risk / Return Rank
GRISX
NWHFX
GRISX vs. NWHFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide S&P 500 Index Fund (GRISX) and Nationwide Bailard Cognitive Value Fund (NWHFX). 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 | NWHFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 1.24 | -0.29 |
Sortino ratioReturn per unit of downside risk | 1.47 | 1.83 | -0.36 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.24 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.93 | -0.44 |
Martin ratioReturn relative to average drawdown | 7.12 | 7.64 | -0.52 |
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
| GRISX | NWHFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 1.24 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.36 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.43 | +0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.41 | 0.00 |
Correlation
The correlation between GRISX and NWHFX is 0.77, 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. NWHFX - Dividend Comparison
GRISX's dividend yield for the trailing twelve months is around 5.35%, less than NWHFX's 10.94% 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% |
NWHFX Nationwide Bailard Cognitive Value Fund | 10.94% | 11.48% | 13.85% | 1.38% | 3.31% | 4.98% | 0.83% | 0.65% | 15.39% | 11.63% | 0.62% | 1.21% |
Drawdowns
GRISX vs. NWHFX - Drawdown Comparison
The maximum GRISX drawdown since its inception was -55.53%, which is greater than NWHFX's maximum drawdown of -47.51%. Use the drawdown chart below to compare losses from any high point for GRISX and NWHFX.
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Drawdown Indicators
| GRISX | NWHFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.53% | -47.51% | -8.02% |
Max Drawdown (1Y)Largest decline over 1 year | -12.11% | -13.22% | +1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -24.75% | -24.68% | -0.07% |
Max Drawdown (10Y)Largest decline over 10 years | -33.85% | -47.51% | +13.66% |
Current DrawdownCurrent decline from peak | -6.27% | -5.30% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -10.92% | -7.44% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 3.34% | -0.81% |
Volatility
GRISX vs. NWHFX - Volatility Comparison
The current volatility for Nationwide S&P 500 Index Fund (GRISX) is 5.34%, while Nationwide Bailard Cognitive Value Fund (NWHFX) has a volatility of 6.08%. This indicates that GRISX experiences smaller price fluctuations and is considered to be less risky than NWHFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRISX | NWHFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 6.08% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 9.54% | 12.18% | -2.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.31% | 20.41% | -2.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.95% | 20.71% | -3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.06% | 22.76% | -4.70% |