NWESX vs. URTRX

Last updated Aug 6, 2026

NWESX (Nationwide Destination Retirement Fund) and URTRX (USAA Target Retirement 2030 Fund) are both Target Retirement Date funds. Over the past 10 years, NWESX returned 5.31%/yr vs 7.86%/yr for URTRX. Their correlation of 0.94 means they have usually moved in the same direction. NWESX charges 0.38%/yr vs 0.03%/yr for URTRX.

Performance

NWESX vs. URTRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nationwide Destination Retirement Fund (NWESX) and USAA Target Retirement 2030 Fund (URTRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NWESX achieves a 5.68% return, which is significantly lower than URTRX's 10.05% return. Over the past 10 years, NWESX has underperformed URTRX with an annualized return of 5.31%, while URTRX has yielded a comparatively higher 7.86% annualized return.

NWESX

• 1D: 0.89%
• 1M: 0.63%
• 6M: 4.57%
• YTD: 5.68%
• 1Y: 11.11%
• 3Y*: 9.80%
• 5Y*: 4.04%
• 10Y*: 5.31%
• ALL TIME*: 4.40%

URTRX

• 1D: 1.04%
• 1M: 1.25%
• 6M: 7.61%
• YTD: 10.05%
• 1Y: 16.83%
• 3Y*: 12.95%
• 5Y*: 6.64%
• 10Y*: 7.86%
• ALL TIME*: 7.15%

*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)
NWESX Nationwide Destination Retirement Fund	$0.00	$0.00	$0.00
URTRX USAA Target Retirement 2030 Fund	$0.00	$0.00	$0.00

NWESX vs. URTRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NWESX Nationwide Destination Retirement Fund	5.68%	12.66%	6.15%	11.26%	-14.14%	6.52%	10.59%	12.62%	-4.88%	10.06%
URTRX USAA Target Retirement 2030 Fund	10.05%	14.78%	8.09%	13.98%	-13.23%	12.23%	9.25%	17.13%	-6.98%	16.14%

Correlation

The correlation between NWESX and URTRX is 0.95, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.95
Correlation (3Y) Balances recent behavior with more history.	0.90
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.91
Correlation (All Time) Calculated using the full available price history since Jul 31, 2008	0.94

The correlation between NWESX and URTRX has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.

Return for Risk

NWESX vs. URTRX — Risk / Return Rank

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

NWESX

NWESX Risk / Return Rank: 55
NWESX Sharpe Ratio Rank: 55
NWESX Sortino Ratio Rank: 59
NWESX Omega Ratio Rank: 53
NWESX Calmar Ratio Rank: 46
NWESX Martin Ratio Rank: 61

URTRX

URTRX Risk / Return Rank: 85
URTRX Sharpe Ratio Rank: 85
URTRX Sortino Ratio Rank: 84
URTRX Omega Ratio Rank: 82
URTRX Calmar Ratio Rank: 84
URTRX Martin Ratio Rank: 89

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.

NWESX vs. URTRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination Retirement Fund (NWESX) and USAA Target Retirement 2030 Fund (URTRX). 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.

	NWESX	URTRX	Difference
Sharpe ratio: Return per unit of total volatility	1.70	2.16	-0.47
Sortino ratio: Return per unit of downside risk	2.49	3.10	-0.62
Omega ratio: Gain probability vs. loss probability	1.31	1.41	-0.09
Calmar ratio: Return relative to maximum drawdown	2.10	3.20	-1.10
Martin ratio: Return relative to average drawdown	9.29	13.47	-4.17

NWESX vs. URTRX - Sharpe Ratio Comparison

The current NWESX Sharpe Ratio is 1.70, which is comparable to the URTRX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of NWESX and URTRX, 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

NWESX vs. URTRX - Drawdown Comparison

The maximum NWESX drawdown since its inception was -39.22%, which is greater than URTRX's maximum drawdown of -34.10%. Use the drawdown chart below to compare losses from any high point for NWESX and URTRX.

Drawdown Indicators

	NWESX	URTRX	Difference
Max Drawdown Largest peak-to-trough decline	-39.22%	-34.10%	-5.12%
Max Drawdown (1Y) Largest decline over 1 year	-5.31%	-5.29%	-0.02%
Max Drawdown (3Y) Largest decline over 3 years	-5.87%	-9.12%	+3.25%
Max Drawdown (5Y) Largest decline over 5 years	-25.05%	-19.52%	-5.53%
Max Drawdown (10Y) Largest decline over 10 years	-25.05%	-23.56%	-1.49%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.13%	-4.12%	-2.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.20%	1.25%	-0.05%

Volatility

NWESX vs. URTRX - Volatility Comparison

Nationwide Destination Retirement Fund (NWESX) and USAA Target Retirement 2030 Fund (URTRX) have volatilities of 2.14% and 2.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NWESX	URTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.14%	2.18%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	5.67%	6.66%	-0.99%
Volatility (1Y) Calculated over the trailing 1-year period	6.61%	7.86%	-1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.22%	9.77%	-0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.11%	10.31%	-2.20%

NWESX vs. URTRX - Expense Ratio Comparison

NWESX has a 0.38% expense ratio, which is higher than URTRX's 0.03% expense ratio.

Dividends

NWESX vs. URTRX - Dividend Comparison

NWESX's dividend yield for the trailing twelve months is around 3.49%, less than URTRX's 6.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NWESX Nationwide Destination Retirement Fund	3.49%	3.78%	10.53%	5.51%	4.69%	10.16%	4.26%	4.93%	7.59%	5.04%	6.11%	8.26%
URTRX USAA Target Retirement 2030 Fund	6.16%	6.78%	3.16%	4.24%	9.53%	7.66%	4.53%	11.43%	8.54%	8.10%	4.06%	2.80%

Frequently Asked Questions

Can I hold both NWESX and URTRX in my portfolio?

With a correlation of 0.95, NWESX and URTRX 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, NWESX or URTRX?

URTRX has higher volatility (2.18%) compared to NWESX (2.14%). In terms of maximum drawdown, NWESX dropped -39.22% vs URTRX's -34.10%.

Which has better risk-adjusted returns?

URTRX currently has the higher Sharpe Ratio (2.16 vs 1.70), 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.