NWAQX vs. NWAUX
NWAQX (Nationwide Destination 2065 Fund) and NWAUX (Nationwide GQG US Quality Equity Fund) are both mutual funds - NWAQX is a Target Retirement Date fund managed by Nationwide, while NWAUX is a Quality Factor fund managed by Nationwide. Over the past 5 years, NWAQX returned 8.62%/yr vs 8.98%/yr for NWAUX. Their 0.62 correlation means they have sometimes moved together and sometimes differently. NWAQX charges 0.60%/yr vs 0.74%/yr for NWAUX.
Performance
NWAQX vs. NWAUX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NWAQX achieves a 10.92% return, which is significantly higher than NWAUX's 5.53% return.
NWAQX
- 1D
- 2.19%
- 1M
- 0.33%
- 6M
- 8.05%
- YTD
- 10.92%
- 1Y
- 22.09%
- 3Y*
- 15.72%
- 5Y*
- 8.62%
- 10Y*
- —
- ALL TIME*
- 12.41%
NWAUX
- 1D
- 0.28%
- 1M
- 0.28%
- 6M
- 1.75%
- YTD
- 5.53%
- 1Y
- 6.08%
- 3Y*
- 10.94%
- 5Y*
- 8.98%
- 10Y*
- —
- ALL TIME*
- 11.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
NWAQX vs. NWAUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NWAQX Nationwide Destination 2065 Fund | 10.92% | 19.12% | 12.92% | 20.25% | -19.01% | 14.48% |
NWAUX Nationwide GQG US Quality Equity Fund | 5.53% | -4.92% | 27.90% | 18.30% | -3.23% | 22.65% |
Correlation
The correlation between NWAQX and NWAUX is -0.11, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.11 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2021 | 0.62 |
The correlation between NWAQX and NWAUX shifts across timeframes, from -0.11 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NWAQX vs. NWAUX — Risk / Return Rank
NWAQX
NWAUX
NWAQX vs. NWAUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination 2065 Fund (NWAQX) and Nationwide GQG US Quality Equity Fund (NWAUX). 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.
| NWAQX | NWAUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.10 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 0.68 | +1.56 |
| Martin ratioReturn relative to average drawdown | 9.59 | 1.54 | +8.06 |
Loading charts...
Drawdowns
NWAQX vs. NWAUX - Drawdown Comparison
The maximum NWAQX drawdown since its inception was -29.29%, which is greater than NWAUX's maximum drawdown of -21.07%. Use the drawdown chart below to compare losses from any high point for NWAQX and NWAUX.
Loading charts...
Drawdown Indicators
| NWAQX | NWAUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.29% | -21.07% | -8.22% |
Max Drawdown (1Y)Largest decline over 1 year | -8.98% | -8.55% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -15.18% | -19.31% | +4.13% |
Max Drawdown (5Y)Largest decline over 5 years | -26.97% | -21.07% | -5.90% |
Current DrawdownCurrent decline from peak | -0.84% | -10.57% | +9.73% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -7.04% | +0.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 3.77% | -1.67% |
Volatility
NWAQX vs. NWAUX - Volatility Comparison
Nationwide Destination 2065 Fund (NWAQX) has a higher volatility of 3.87% compared to Nationwide GQG US Quality Equity Fund (NWAUX) at 2.69%. This indicates that NWAQX's price experiences larger fluctuations and is considered to be riskier than NWAUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NWAQX | NWAUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 2.69% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 10.91% | 8.30% | +2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.02% | 10.57% | +2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.38% | 16.11% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.63% | 15.83% | +2.80% |
NWAQX vs. NWAUX - Expense Ratio Comparison
NWAQX has a 0.60% expense ratio, which is lower than NWAUX's 0.74% expense ratio.
Dividends
NWAQX vs. NWAUX - Dividend Comparison
NWAQX's dividend yield for the trailing twelve months is around 5.95%, more than NWAUX's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
NWAQX Nationwide Destination 2065 Fund | 5.95% | 6.54% | 9.49% | 2.23% | 1.38% | 5.43% | 6.71% |
NWAUX Nationwide GQG US Quality Equity Fund | 4.93% | 4.35% | 13.58% | 0.40% | 1.93% | 0.60% | 0.00% |
Frequently Asked Questions
NWAQX and NWAUX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NWAQX has higher volatility (3.87%) compared to NWAUX (2.69%). In terms of maximum drawdown, NWAQX dropped -29.29% vs NWAUX's -21.07%.
NWAQX currently has the higher Sharpe Ratio (1.55 vs 0.55), 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.
Find the right allocation for NWAQX and NWAUX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer