NTDSX vs. JRLVX

Last updated Aug 1, 2026

NTDSX (Nationwide Destination 2055 Fund) and JRLVX (John Hancock Funds Multi-Index 2045 Lifetime Portfolio) are both Target Retirement Date funds. Over the past 10 years, NTDSX returned 9.96%/yr vs 10.81%/yr for JRLVX. Their 0.98 correlation means they have historically moved very closely together. NTDSX charges 0.38%/yr vs 0.01%/yr for JRLVX.

Performance

NTDSX vs. JRLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nationwide Destination 2055 Fund (NTDSX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with NTDSX having a 10.93% return and JRLVX slightly lower at 10.68%. Over the past 10 years, NTDSX has underperformed JRLVX with an annualized return of 9.96%, while JRLVX has yielded a comparatively higher 10.81% annualized return.

NTDSX

• 1D: 2.18%
• 1M: 0.32%
• 6M: 8.00%
• YTD: 10.93%
• 1Y: 22.09%
• 3Y*: 15.89%
• 5Y*: 8.73%
• 10Y*: 9.96%
• ALL TIME*: 9.09%

JRLVX

• 1D: 1.74%
• 1M: -0.27%
• 6M: 7.46%
• YTD: 10.68%
• 1Y: 21.80%
• 3Y*: 15.85%
• 5Y*: 8.89%
• 10Y*: 10.81%
• ALL TIME*: 9.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio	$0.00	$0.00	$0.00
NTDSX Nationwide Destination 2055 Fund	$0.00	$0.00	$0.00

NTDSX vs. JRLVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NTDSX Nationwide Destination 2055 Fund	10.93%	19.34%	13.05%	20.34%	-18.88%	17.02%	13.67%	20.80%	-9.18%	17.49%
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio	10.68%	19.25%	14.50%	18.00%	-18.06%	18.45%	16.23%	25.03%	-8.29%	17.40%

Correlation

The correlation between NTDSX and JRLVX is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.99
Correlation (3Y) Balances recent behavior with more history.	0.98
Correlation (5Y) Shows whether the relationship held over a longer period.	0.99
Correlation (10Y) Provides a long-term view across more market conditions.	0.98
Correlation (All Time) Calculated using the full available price history since Nov 8, 2013	0.98

The correlation between NTDSX and JRLVX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

NTDSX vs. JRLVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NTDSX

NTDSX Risk / Return Rank: 65
NTDSX Sharpe Ratio Rank: 62
NTDSX Sortino Ratio Rank: 62
NTDSX Omega Ratio Rank: 59
NTDSX Calmar Ratio Rank: 65
NTDSX Martin Ratio Rank: 78

JRLVX

JRLVX Risk / Return Rank: 71
JRLVX Sharpe Ratio Rank: 69
JRLVX Sortino Ratio Rank: 67
JRLVX Omega Ratio Rank: 67
JRLVX Calmar Ratio Rank: 72
JRLVX Martin Ratio Rank: 81

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NTDSX vs. JRLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination 2055 Fund (NTDSX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX). 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.

	NTDSX	JRLVX	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.62	-0.04
Sortino ratio: Return per unit of downside risk	2.26	2.26	-0.01
Omega ratio: Gain probability vs. loss probability	1.28	1.29	-0.01
Calmar ratio: Return relative to maximum drawdown	2.27	2.35	-0.08
Martin ratio: Return relative to average drawdown	9.70	9.90	-0.20

NTDSX vs. JRLVX - Sharpe Ratio Comparison

The current NTDSX Sharpe Ratio is 1.57, which is comparable to the JRLVX Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of NTDSX and JRLVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NTDSX vs. JRLVX - Drawdown Comparison

The maximum NTDSX drawdown since its inception was -35.39%, which is greater than JRLVX's maximum drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for NTDSX and JRLVX.

Drawdown Indicators

	NTDSX	JRLVX	Difference
Max Drawdown Largest peak-to-trough decline	-35.39%	-32.53%	-2.86%
Max Drawdown (1Y) Largest decline over 1 year	-8.90%	-8.50%	-0.40%
Max Drawdown (3Y) Largest decline over 3 years	-14.84%	-15.27%	+0.43%
Max Drawdown (5Y) Largest decline over 5 years	-30.77%	-25.64%	-5.13%
Max Drawdown (10Y) Largest decline over 10 years	-35.39%	-32.53%	-2.86%
Current Drawdown Current decline from peak	-0.87%	-1.47%	+0.60%
Average Drawdown Average peak-to-trough decline	-5.66%	-4.52%	-1.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	2.01%	+0.07%

Volatility

NTDSX vs. JRLVX - Volatility Comparison

Nationwide Destination 2055 Fund (NTDSX) has a higher volatility of 3.89% compared to John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) at 3.46%. This indicates that NTDSX's price experiences larger fluctuations and is considered to be riskier than JRLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NTDSX	JRLVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	3.46%	+0.43%
Volatility (6M) Calculated over the trailing 6-month period	10.76%	10.26%	+0.50%
Volatility (1Y) Calculated over the trailing 1-year period	12.84%	12.35%	+0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.81%	14.91%	+0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.48%	15.96%	+0.52%

NTDSX vs. JRLVX - Expense Ratio Comparison

NTDSX has a 0.38% expense ratio, which is higher than JRLVX's 0.01% expense ratio.

Dividends

NTDSX vs. JRLVX - Dividend Comparison

NTDSX's dividend yield for the trailing twelve months is around 9.22%, more than JRLVX's 3.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio	3.21%	3.55%	1.89%	2.24%	8.03%	6.00%	4.26%	8.99%	10.96%	4.29%	3.40%	1.90%
NTDSX Nationwide Destination 2055 Fund	9.22%	10.19%	15.40%	4.76%	2.54%	8.37%	6.68%	6.82%	9.92%	3.40%	5.85%	4.96%

Frequently Asked Questions

Can I hold both NTDSX and JRLVX in my portfolio?

With a correlation of 0.99, NTDSX and JRLVX 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.

Which is riskier, NTDSX or JRLVX?

NTDSX has higher volatility (3.89%) compared to JRLVX (3.46%). In terms of maximum drawdown, NTDSX dropped -35.39% vs JRLVX's -32.53%.

Which has better risk-adjusted returns?

JRLVX currently has the higher Sharpe Ratio (1.62 vs 1.57), 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.