NWCIX vs. LCTIX
NWCIX (Nationwide BNY Mellon Core Plus Bond ESG Fund) and LCTIX (Leader Capital High Quality Income Fund Institutional Shares) are both Intermediate Core-Plus Bond funds. Over the past 10 years, NWCIX returned 2.19%/yr vs 5.30%/yr for LCTIX. At a 0.18 correlation, their price movements are largely independent. NWCIX charges 0.46%/yr vs 1.08%/yr for LCTIX.
Performance
NWCIX vs. LCTIX - Performance Comparison
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Returns By Period
In the year-to-date period, NWCIX achieves a 0.83% return, which is significantly lower than LCTIX's 2.21% return. Over the past 10 years, NWCIX has underperformed LCTIX with an annualized return of 2.19%, while LCTIX has yielded a comparatively higher 5.30% annualized return.
NWCIX
- 1D
- 0.33%
- 1M
- 0.84%
- YTD
- 0.83%
- 6M
- 0.94%
- 1Y
- 5.20%
- 3Y*
- 4.86%
- 5Y*
- 0.32%
- 10Y*
- 2.19%
LCTIX
- 1D
- 0.09%
- 1M
- 1.00%
- YTD
- 2.21%
- 6M
- 2.62%
- 1Y
- 5.61%
- 3Y*
- 6.33%
- 5Y*
- 5.33%
- 10Y*
- 5.30%
NWCIX vs. LCTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWCIX Nationwide BNY Mellon Core Plus Bond ESG Fund | 0.83% | 9.64% | -0.35% | 6.92% | -13.87% | -0.44% | 8.64% | 9.77% | -0.98% | 3.93% |
LCTIX Leader Capital High Quality Income Fund Institutional Shares | 2.21% | 5.12% | 6.49% | 8.47% | 2.64% | 2.41% | 12.94% | 1.55% | 6.64% | 4.79% |
Correlation
The correlation between NWCIX and LCTIX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2013 | 0.18 |
Over the past year, NWCIX and LCTIX have become more correlated (0.45) than their long-term average of 0.18, meaning their price movements have been converging.
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Return for Risk
NWCIX vs. LCTIX — Risk / Return Rank
NWCIX
LCTIX
NWCIX vs. LCTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide BNY Mellon Core Plus Bond ESG Fund (NWCIX) and Leader Capital High Quality Income Fund Institutional Shares (LCTIX). 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.
| NWCIX | LCTIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -3.89 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 2.01 | -0.74 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | 4.81 | -2.82 |
| Martin ratioReturn relative to average drawdown | 5.70 | 20.45 | -14.75 |
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Drawdowns
NWCIX vs. LCTIX - Drawdown Comparison
The maximum NWCIX drawdown since its inception was -18.98%, smaller than the maximum LCTIX drawdown of -24.76%. Use the drawdown chart below to compare losses from any high point for NWCIX and LCTIX.
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Drawdown Indicators
| NWCIX | LCTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.98% | -24.76% | +5.78% |
Max Drawdown (1Y)Largest decline over 1 year | -2.68% | -1.17% | -1.51% |
Max Drawdown (3Y)Largest decline over 3 years | -7.34% | -1.29% | -6.05% |
Max Drawdown (5Y)Largest decline over 5 years | -18.98% | -3.70% | -15.28% |
Max Drawdown (10Y)Largest decline over 10 years | -18.98% | -23.61% | +4.63% |
Current DrawdownCurrent decline from peak | -1.00% | 0.00% | -1.00% |
Average DrawdownAverage peak-to-trough decline | -3.38% | -3.84% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 0.27% | +0.67% |
Volatility
NWCIX vs. LCTIX - Volatility Comparison
Nationwide BNY Mellon Core Plus Bond ESG Fund (NWCIX) has a higher volatility of 1.11% compared to Leader Capital High Quality Income Fund Institutional Shares (LCTIX) at 0.62%. This indicates that NWCIX's price experiences larger fluctuations and is considered to be riskier than LCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWCIX | LCTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 0.62% | +0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 2.63% | 1.48% | +1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.54% | 2.01% | +1.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.98% | 2.25% | +3.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.85% | 6.30% | -1.45% |
NWCIX vs. LCTIX - Expense Ratio Comparison
NWCIX has a 0.46% expense ratio, which is lower than LCTIX's 1.08% expense ratio.
Dividends
NWCIX vs. LCTIX - Dividend Comparison
NWCIX's dividend yield for the trailing twelve months is around 5.17%, less than LCTIX's 5.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCTIX Leader Capital High Quality Income Fund Institutional Shares | 5.63% | 5.90% | 5.91% | 5.50% | 2.31% | 1.93% | 1.73% | 2.92% | 3.67% | 2.56% | 0.00% | 0.00% |
NWCIX Nationwide BNY Mellon Core Plus Bond ESG Fund | 5.17% | 3.20% | 4.29% | 3.57% | 2.39% | 2.98% | 4.49% | 3.11% | 3.45% | 3.16% | 3.47% | 3.14% |
Frequently Asked Questions
NWCIX and LCTIX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NWCIX has higher volatility (1.11%) compared to LCTIX (0.62%). In terms of maximum drawdown, NWCIX dropped -18.98% vs LCTIX's -24.76%.
LCTIX currently has the higher Sharpe Ratio (2.81 vs 1.51), 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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