NDAAX vs. AYBLX
NDAAX (Nationwide Investor Destinations Aggressive Fund) and AYBLX (Pioneer Balanced ESG Fund) are both Diversified Portfolio funds. Over the past 10 years, NDAAX returned 10.68%/yr vs 10.67%/yr for AYBLX. Their correlation of 0.91 suggests significant overlap in exposure. NDAAX charges 0.53%/yr vs 0.65%/yr for AYBLX.
Performance
NDAAX vs. AYBLX - Performance Comparison
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Returns By Period
In the year-to-date period, NDAAX achieves a 12.44% return, which is significantly lower than AYBLX's 13.99% return. Both investments have delivered pretty close results over the past 10 years, with NDAAX having a 10.68% annualized return and AYBLX not far behind at 10.67%.
NDAAX
- 1D
- 0.00%
- 1M
- 2.09%
- YTD
- 12.44%
- 6M
- 11.62%
- 1Y
- 26.40%
- 3Y*
- 18.41%
- 5Y*
- 9.26%
- 10Y*
- 10.68%
AYBLX
- 1D
- -0.21%
- 1M
- 1.64%
- YTD
- 13.99%
- 6M
- 13.54%
- 1Y
- 32.24%
- 3Y*
- 17.53%
- 5Y*
- 9.58%
- 10Y*
- 10.67%
NDAAX vs. AYBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NDAAX Nationwide Investor Destinations Aggressive Fund | 12.44% | 17.35% | 14.01% | 20.48% | -18.33% | 17.16% | 13.37% | 21.59% | -10.35% | 17.71% |
AYBLX Pioneer Balanced ESG Fund | 13.99% | 19.80% | 9.64% | 15.41% | -14.39% | 15.48% | 12.92% | 22.22% | -4.43% | 15.19% |
Correlation
The correlation between NDAAX and AYBLX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2000 | 0.91 |
The correlation between NDAAX and AYBLX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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Return for Risk
NDAAX vs. AYBLX — Risk / Return Rank
NDAAX
AYBLX
NDAAX vs. AYBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Investor Destinations Aggressive Fund (NDAAX) and Pioneer Balanced ESG Fund (AYBLX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NDAAX | AYBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.62 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 5.16 | -1.99 |
| Martin ratioReturn relative to average drawdown | 13.58 | 24.00 | -10.42 |
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Drawdowns
NDAAX vs. AYBLX - Drawdown Comparison
The maximum NDAAX drawdown since its inception was -55.26%, which is greater than AYBLX's maximum drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for NDAAX and AYBLX.
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Drawdown Indicators
| NDAAX | AYBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.26% | -36.28% | -18.98% |
Max Drawdown (1Y)Largest decline over 1 year | -8.70% | -6.41% | -2.29% |
Max Drawdown (3Y)Largest decline over 3 years | -15.84% | -13.39% | -2.45% |
Max Drawdown (5Y)Largest decline over 5 years | -29.50% | -20.26% | -9.24% |
Max Drawdown (10Y)Largest decline over 10 years | -36.67% | -24.24% | -12.43% |
Current DrawdownCurrent decline from peak | -0.28% | -0.52% | +0.24% |
Average DrawdownAverage peak-to-trough decline | -10.40% | -3.78% | -6.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 1.38% | +0.65% |
Volatility
NDAAX vs. AYBLX - Volatility Comparison
Nationwide Investor Destinations Aggressive Fund (NDAAX) has a higher volatility of 4.79% compared to Pioneer Balanced ESG Fund (AYBLX) at 3.63%. This indicates that NDAAX's price experiences larger fluctuations and is considered to be riskier than AYBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NDAAX | AYBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 3.63% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 10.29% | 7.83% | +2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.54% | 9.95% | +2.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.03% | 11.13% | +4.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.95% | 11.33% | +5.62% |
NDAAX vs. AYBLX - Expense Ratio Comparison
NDAAX has a 0.53% expense ratio, which is lower than AYBLX's 0.65% expense ratio.
Dividends
NDAAX vs. AYBLX - Dividend Comparison
NDAAX's dividend yield for the trailing twelve months is around 9.27%, more than AYBLX's 3.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYBLX Pioneer Balanced ESG Fund | 3.24% | 3.58% | 2.59% | 1.76% | 3.23% | 8.61% | 4.12% | 6.03% | 9.97% | 9.42% | 2.63% | 4.14% |
NDAAX Nationwide Investor Destinations Aggressive Fund | 9.27% | 10.60% | 18.58% | 5.92% | 3.68% | 6.69% | 5.75% | 8.80% | 14.29% | 12.98% | 9.26% | 7.45% |
Frequently Asked Questions
With a correlation of 0.91, NDAAX and AYBLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
NDAAX has higher volatility (4.79%) compared to AYBLX (3.63%). In terms of maximum drawdown, NDAAX dropped -55.26% vs AYBLX's -36.28%.
AYBLX currently has the higher Sharpe Ratio (3.33 vs 2.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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