NWHFX vs. AVALX
Compare and contrast key facts about Nationwide Bailard Cognitive Value Fund (NWHFX) and Aegis Value Fund (AVALX).
NWHFX is managed by Nationwide. It was launched on May 30, 2001. AVALX is managed by Aegis. It was launched on May 15, 1998.
Performance
NWHFX vs. AVALX - Performance Comparison
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NWHFX vs. AVALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWHFX Nationwide Bailard Cognitive Value Fund | 3.59% | 9.95% | 10.23% | 15.78% | -12.91% | 36.15% | 8.82% | 21.18% | -16.17% | 4.04% |
AVALX Aegis Value Fund | 13.53% | 67.06% | 8.29% | 13.11% | 10.50% | 37.67% | 18.89% | 25.67% | -16.95% | 17.37% |
Returns By Period
In the year-to-date period, NWHFX achieves a 3.59% return, which is significantly lower than AVALX's 13.53% return. Over the past 10 years, NWHFX has underperformed AVALX with an annualized return of 9.54%, while AVALX has yielded a comparatively higher 21.54% annualized return.
NWHFX
- 1D
- -0.63%
- 1M
- -5.75%
- YTD
- 3.59%
- 6M
- 7.05%
- 1Y
- 22.62%
- 3Y*
- 14.25%
- 5Y*
- 7.30%
- 10Y*
- 9.54%
AVALX
- 1D
- -0.54%
- 1M
- -4.89%
- YTD
- 13.53%
- 6M
- 24.20%
- 1Y
- 69.86%
- 3Y*
- 28.86%
- 5Y*
- 25.16%
- 10Y*
- 21.54%
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NWHFX vs. AVALX - Expense Ratio Comparison
NWHFX has a 1.00% expense ratio, which is lower than AVALX's 1.50% expense ratio.
Return for Risk
NWHFX vs. AVALX — Risk / Return Rank
NWHFX
AVALX
NWHFX vs. AVALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Bailard Cognitive Value Fund (NWHFX) and Aegis Value Fund (AVALX). 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.
| NWHFX | AVALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.13 | 3.30 | -2.17 |
Sortino ratioReturn per unit of downside risk | 1.68 | 3.95 | -2.27 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.59 | -0.37 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 5.11 | -3.54 |
Martin ratioReturn relative to average drawdown | 6.24 | 24.92 | -18.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NWHFX | AVALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 3.30 | -2.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 1.12 | -0.76 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.97 | -0.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.53 | -0.13 |
Correlation
The correlation between NWHFX and AVALX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NWHFX vs. AVALX - Dividend Comparison
NWHFX's dividend yield for the trailing twelve months is around 11.18%, more than AVALX's 2.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWHFX Nationwide Bailard Cognitive Value Fund | 11.18% | 11.48% | 13.85% | 1.38% | 3.31% | 4.98% | 0.83% | 0.65% | 15.39% | 11.63% | 0.62% | 1.21% |
AVALX Aegis Value Fund | 2.06% | 2.34% | 7.07% | 2.23% | 0.16% | 0.00% | 6.62% | 2.36% | 6.18% | 0.00% | 1.45% | 0.04% |
Drawdowns
NWHFX vs. AVALX - Drawdown Comparison
The maximum NWHFX drawdown since its inception was -47.51%, smaller than the maximum AVALX drawdown of -73.72%. Use the drawdown chart below to compare losses from any high point for NWHFX and AVALX.
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Drawdown Indicators
| NWHFX | AVALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.51% | -73.72% | +26.21% |
Max Drawdown (1Y)Largest decline over 1 year | -13.22% | -13.02% | -0.20% |
Max Drawdown (5Y)Largest decline over 5 years | -24.68% | -32.00% | +7.32% |
Max Drawdown (10Y)Largest decline over 10 years | -47.51% | -48.34% | +0.83% |
Current DrawdownCurrent decline from peak | -7.31% | -6.09% | -1.22% |
Average DrawdownAverage peak-to-trough decline | -7.44% | -11.01% | +3.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 2.67% | +0.66% |
Volatility
NWHFX vs. AVALX - Volatility Comparison
Nationwide Bailard Cognitive Value Fund (NWHFX) has a higher volatility of 5.66% compared to Aegis Value Fund (AVALX) at 5.32%. This indicates that NWHFX's price experiences larger fluctuations and is considered to be riskier than AVALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWHFX | AVALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.66% | 5.32% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 12.03% | 14.20% | -2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.35% | 21.15% | -0.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.69% | 22.62% | -1.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.75% | 22.32% | +0.43% |