GRISX vs. NWXEX
Compare and contrast key facts about Nationwide S&P 500 Index Fund (GRISX) and Nationwide Strategic Income A (NWXEX).
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. NWXEX is an actively managed fund by Nationwide. It was launched on Nov 2, 2015.
Performance
GRISX vs. NWXEX - Performance Comparison
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GRISX vs. NWXEX - 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% |
NWXEX Nationwide Strategic Income A | 0.69% | 6.97% | 9.36% | 9.00% | 3.50% | 4.64% | 3.24% | 9.84% | -0.39% | 10.86% |
Returns By Period
In the year-to-date period, GRISX achieves a -4.41% return, which is significantly lower than NWXEX's 0.69% return. Over the past 10 years, GRISX has outperformed NWXEX with an annualized return of 13.69%, while NWXEX has yielded a comparatively lower 6.69% 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%
NWXEX
- 1D
- 0.00%
- 1M
- -0.33%
- YTD
- 0.69%
- 6M
- 1.75%
- 1Y
- 6.39%
- 3Y*
- 8.15%
- 5Y*
- 6.22%
- 10Y*
- 6.69%
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GRISX vs. NWXEX - Expense Ratio Comparison
GRISX has a 0.44% expense ratio, which is lower than NWXEX's 0.99% expense ratio.
Return for Risk
GRISX vs. NWXEX — Risk / Return Rank
GRISX
NWXEX
GRISX vs. NWXEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide S&P 500 Index Fund (GRISX) and Nationwide Strategic Income A (NWXEX). 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 | NWXEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 3.97 | -3.01 |
Sortino ratioReturn per unit of downside risk | 1.47 | 5.59 | -4.13 |
Omega ratioGain probability vs. loss probability | 1.22 | 2.17 | -0.95 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 4.74 | -3.25 |
Martin ratioReturn relative to average drawdown | 7.12 | 27.08 | -19.96 |
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 | NWXEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 3.97 | -3.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 1.71 | -1.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 1.52 | -0.76 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 1.46 | -1.06 |
Correlation
The correlation between GRISX and NWXEX is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
GRISX vs. NWXEX - Dividend Comparison
GRISX's dividend yield for the trailing twelve months is around 5.35%, more than NWXEX's 4.82% 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% |
NWXEX Nationwide Strategic Income A | 4.82% | 4.93% | 4.73% | 4.33% | 16.14% | 3.99% | 4.70% | 3.63% | 4.30% | 8.40% | 7.21% | 0.43% |
Drawdowns
GRISX vs. NWXEX - Drawdown Comparison
The maximum GRISX drawdown since its inception was -55.53%, which is greater than NWXEX's maximum drawdown of -22.97%. Use the drawdown chart below to compare losses from any high point for GRISX and NWXEX.
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Drawdown Indicators
| GRISX | NWXEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.53% | -22.97% | -32.56% |
Max Drawdown (1Y)Largest decline over 1 year | -12.11% | -1.20% | -10.91% |
Max Drawdown (5Y)Largest decline over 5 years | -24.75% | -5.60% | -19.15% |
Max Drawdown (10Y)Largest decline over 10 years | -33.85% | -22.97% | -10.88% |
Current DrawdownCurrent decline from peak | -6.27% | -0.43% | -5.84% |
Average DrawdownAverage peak-to-trough decline | -10.92% | -1.12% | -9.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 0.23% | +2.30% |
Volatility
GRISX vs. NWXEX - Volatility Comparison
Nationwide S&P 500 Index Fund (GRISX) has a higher volatility of 5.34% compared to Nationwide Strategic Income A (NWXEX) at 0.51%. This indicates that GRISX's price experiences larger fluctuations and is considered to be riskier than NWXEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRISX | NWXEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 0.51% | +4.83% |
Volatility (6M)Calculated over the trailing 6-month period | 9.54% | 0.88% | +8.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.31% | 1.59% | +16.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.95% | 3.66% | +13.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.06% | 4.42% | +13.64% |