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NWHFX vs. BRSIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NWHFX vs. BRSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nationwide Bailard Cognitive Value Fund (NWHFX) and Bridgeway Ultra Small Company Market Fund (BRSIX). The values are adjusted to include any dividend payments, if applicable.

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NWHFX vs. BRSIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
BRSIX
Bridgeway Ultra Small Company Market Fund
-3.39%20.09%14.92%11.46%-23.43%-1.93%25.50%15.34%-17.23%12.29%

Returns By Period

In the year-to-date period, NWHFX achieves a 3.59% return, which is significantly higher than BRSIX's -3.39% return. Over the past 10 years, NWHFX has outperformed BRSIX with an annualized return of 9.54%, while BRSIX has yielded a comparatively lower 6.58% 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%

BRSIX

1D
-1.13%
1M
-7.88%
YTD
-3.39%
6M
4.17%
1Y
40.23%
3Y*
14.23%
5Y*
-3.16%
10Y*
6.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NWHFX vs. BRSIX - Expense Ratio Comparison

NWHFX has a 1.00% expense ratio, which is higher than BRSIX's 0.78% expense ratio.


Return for Risk

NWHFX vs. BRSIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NWHFX
NWHFX Risk / Return Rank: 6464
Overall Rank
NWHFX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
NWHFX Sortino Ratio Rank: 6666
Sortino Ratio Rank
NWHFX Omega Ratio Rank: 5757
Omega Ratio Rank
NWHFX Calmar Ratio Rank: 6868
Calmar Ratio Rank
NWHFX Martin Ratio Rank: 6565
Martin Ratio Rank

BRSIX
BRSIX Risk / Return Rank: 8080
Overall Rank
BRSIX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
BRSIX Sortino Ratio Rank: 8282
Sortino Ratio Rank
BRSIX Omega Ratio Rank: 6767
Omega Ratio Rank
BRSIX Calmar Ratio Rank: 8989
Calmar Ratio Rank
BRSIX Martin Ratio Rank: 8282
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NWHFX vs. BRSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nationwide Bailard Cognitive Value Fund (NWHFX) and Bridgeway Ultra Small Company Market Fund (BRSIX). 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.


NWHFXBRSIXDifference

Sharpe ratio

Return per unit of total volatility

1.13

1.45

-0.32

Sortino ratio

Return per unit of downside risk

1.68

2.07

-0.39

Omega ratio

Gain probability vs. loss probability

1.22

1.25

-0.03

Calmar ratio

Return relative to maximum drawdown

1.57

2.41

-0.84

Martin ratio

Return relative to average drawdown

6.24

8.20

-1.96

NWHFX vs. BRSIX - Sharpe Ratio Comparison

The current NWHFX Sharpe Ratio is 1.13, which is comparable to the BRSIX Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of NWHFX and BRSIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NWHFXBRSIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.13

1.45

-0.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.35

-0.13

+0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.42

0.28

+0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

0.41

-0.01

Correlation

The correlation between NWHFX and BRSIX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

NWHFX vs. BRSIX - Dividend Comparison

NWHFX's dividend yield for the trailing twelve months is around 11.18%, more than BRSIX's 1.06% yield.


TTM20252024202320222021202020192018201720162015
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%
BRSIX
Bridgeway Ultra Small Company Market Fund
1.06%1.03%0.62%0.89%2.12%1.32%3.46%1.30%16.12%13.71%8.25%12.77%

Drawdowns

NWHFX vs. BRSIX - Drawdown Comparison

The maximum NWHFX drawdown since its inception was -47.51%, smaller than the maximum BRSIX drawdown of -61.79%. Use the drawdown chart below to compare losses from any high point for NWHFX and BRSIX.


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Drawdown Indicators


NWHFXBRSIXDifference

Max Drawdown

Largest peak-to-trough decline

-47.51%

-61.79%

+14.28%

Max Drawdown (1Y)

Largest decline over 1 year

-13.22%

-13.57%

+0.35%

Max Drawdown (5Y)

Largest decline over 5 years

-24.68%

-53.66%

+28.98%

Max Drawdown (10Y)

Largest decline over 10 years

-47.51%

-54.09%

+6.58%

Current Drawdown

Current decline from peak

-7.31%

-21.53%

+14.22%

Average Drawdown

Average peak-to-trough decline

-7.44%

-15.68%

+8.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.33%

4.20%

-0.87%

Volatility

NWHFX vs. BRSIX - Volatility Comparison

The current volatility for Nationwide Bailard Cognitive Value Fund (NWHFX) is 5.66%, while Bridgeway Ultra Small Company Market Fund (BRSIX) has a volatility of 7.06%. This indicates that NWHFX experiences smaller price fluctuations and is considered to be less risky than BRSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NWHFXBRSIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.66%

7.06%

-1.40%

Volatility (6M)

Calculated over the trailing 6-month period

12.03%

17.25%

-5.22%

Volatility (1Y)

Calculated over the trailing 1-year period

20.35%

26.41%

-6.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.69%

24.41%

-3.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.75%

24.00%

-1.25%