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MUIFX vs. GIIAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MUIFX vs. GIIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nationwide Fund (MUIFX) and Nationwide International Index Fund (GIIAX). The values are adjusted to include any dividend payments, if applicable.

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MUIFX vs. GIIAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MUIFX
Nationwide Fund
-5.87%14.21%21.61%25.72%-19.09%25.37%22.59%30.95%-6.06%19.79%
GIIAX
Nationwide International Index Fund
0.48%31.11%3.05%16.88%-14.43%10.67%7.26%21.56%-14.10%24.81%

Returns By Period

In the year-to-date period, MUIFX achieves a -5.87% return, which is significantly lower than GIIAX's 0.48% return. Over the past 10 years, MUIFX has outperformed GIIAX with an annualized return of 12.80%, while GIIAX has yielded a comparatively lower 8.20% annualized return.


MUIFX

1D
3.05%
1M
-4.94%
YTD
-5.87%
6M
-4.36%
1Y
12.70%
3Y*
15.24%
5Y*
9.39%
10Y*
12.80%

GIIAX

1D
2.65%
1M
-6.70%
YTD
0.48%
6M
4.20%
1Y
21.73%
3Y*
13.56%
5Y*
7.56%
10Y*
8.20%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MUIFX vs. GIIAX - Expense Ratio Comparison

MUIFX has a 0.65% expense ratio, which is lower than GIIAX's 0.71% expense ratio.


Return for Risk

MUIFX vs. GIIAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MUIFX
MUIFX Risk / Return Rank: 3232
Overall Rank
MUIFX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
MUIFX Sortino Ratio Rank: 2828
Sortino Ratio Rank
MUIFX Omega Ratio Rank: 3131
Omega Ratio Rank
MUIFX Calmar Ratio Rank: 3636
Calmar Ratio Rank
MUIFX Martin Ratio Rank: 4141
Martin Ratio Rank

GIIAX
GIIAX Risk / Return Rank: 7070
Overall Rank
GIIAX Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
GIIAX Sortino Ratio Rank: 6969
Sortino Ratio Rank
GIIAX Omega Ratio Rank: 6666
Omega Ratio Rank
GIIAX Calmar Ratio Rank: 7272
Calmar Ratio Rank
GIIAX Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MUIFX vs. GIIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nationwide Fund (MUIFX) and Nationwide International Index Fund (GIIAX). 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.


MUIFXGIIAXDifference

Sharpe ratio

Return per unit of total volatility

0.73

1.42

-0.68

Sortino ratio

Return per unit of downside risk

1.17

1.86

-0.69

Omega ratio

Gain probability vs. loss probability

1.18

1.27

-0.09

Calmar ratio

Return relative to maximum drawdown

1.17

1.86

-0.69

Martin ratio

Return relative to average drawdown

4.84

7.02

-2.18

MUIFX vs. GIIAX - Sharpe Ratio Comparison

The current MUIFX Sharpe Ratio is 0.73, which is lower than the GIIAX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of MUIFX and GIIAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MUIFXGIIAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.73

1.42

-0.68

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.54

0.49

+0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

0.51

+0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.21

+0.32

Correlation

The correlation between MUIFX and GIIAX is 0.71, 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

MUIFX vs. GIIAX - Dividend Comparison

MUIFX's dividend yield for the trailing twelve months is around 28.06%, more than GIIAX's 7.11% yield.


TTM20252024202320222021202020192018201720162015
MUIFX
Nationwide Fund
28.06%26.23%11.10%3.28%4.19%14.53%3.15%2.94%27.39%9.55%4.40%3.85%
GIIAX
Nationwide International Index Fund
7.11%7.14%3.84%2.99%1.90%3.69%1.58%4.20%6.17%6.21%2.87%3.36%

Drawdowns

MUIFX vs. GIIAX - Drawdown Comparison

The maximum MUIFX drawdown since its inception was -58.31%, roughly equal to the maximum GIIAX drawdown of -61.28%. Use the drawdown chart below to compare losses from any high point for MUIFX and GIIAX.


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Drawdown Indicators


MUIFXGIIAXDifference

Max Drawdown

Largest peak-to-trough decline

-58.31%

-61.28%

+2.97%

Max Drawdown (1Y)

Largest decline over 1 year

-11.68%

-11.21%

-0.47%

Max Drawdown (5Y)

Largest decline over 5 years

-25.44%

-29.61%

+4.17%

Max Drawdown (10Y)

Largest decline over 10 years

-34.37%

-34.23%

-0.14%

Current Drawdown

Current decline from peak

-7.54%

-8.58%

+1.04%

Average Drawdown

Average peak-to-trough decline

-9.22%

-16.15%

+6.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.82%

2.97%

-0.15%

Volatility

MUIFX vs. GIIAX - Volatility Comparison

The current volatility for Nationwide Fund (MUIFX) is 5.59%, while Nationwide International Index Fund (GIIAX) has a volatility of 7.19%. This indicates that MUIFX experiences smaller price fluctuations and is considered to be less risky than GIIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MUIFXGIIAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.59%

7.19%

-1.60%

Volatility (6M)

Calculated over the trailing 6-month period

9.36%

10.45%

-1.09%

Volatility (1Y)

Calculated over the trailing 1-year period

18.04%

15.71%

+2.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.41%

15.49%

+1.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.28%

16.29%

+1.99%