NWHFX vs. GRISX
Compare and contrast key facts about Nationwide Bailard Cognitive Value Fund (NWHFX) and Nationwide S&P 500 Index Fund (GRISX).
NWHFX is managed by Nationwide. It was launched on May 30, 2001. GRISX is a passively managed fund by Nationwide that tracks the performance of the S&P 500 Index. It was launched on Nov 2, 1998.
Performance
NWHFX vs. GRISX - Performance Comparison
Loading graphics...
NWHFX vs. GRISX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWHFX Nationwide Bailard Cognitive Value Fund | 5.84% | 9.95% | 10.23% | 15.78% | -12.91% | 36.15% | 8.82% | 21.18% | -16.17% | 4.04% |
GRISX Nationwide S&P 500 Index Fund | -4.41% | 17.41% | 24.13% | 25.55% | -18.49% | 28.32% | 17.92% | 30.94% | -3.84% | 21.35% |
Returns By Period
In the year-to-date period, NWHFX achieves a 5.84% return, which is significantly higher than GRISX's -4.41% return. Over the past 10 years, NWHFX has underperformed GRISX with an annualized return of 9.78%, while GRISX has yielded a comparatively higher 13.69% annualized return.
NWHFX
- 1D
- 2.17%
- 1M
- -4.45%
- YTD
- 5.84%
- 6M
- 9.24%
- 1Y
- 24.85%
- 3Y*
- 15.07%
- 5Y*
- 7.36%
- 10Y*
- 9.78%
GRISX
- 1D
- 2.95%
- 1M
- -5.03%
- YTD
- -4.41%
- 6M
- -2.28%
- 1Y
- 16.97%
- 3Y*
- 17.65%
- 5Y*
- 11.26%
- 10Y*
- 13.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NWHFX vs. GRISX - Expense Ratio Comparison
NWHFX has a 1.00% expense ratio, which is higher than GRISX's 0.44% expense ratio.
Return for Risk
NWHFX vs. GRISX — Risk / Return Rank
NWHFX
GRISX
NWHFX vs. GRISX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Bailard Cognitive Value Fund (NWHFX) and Nationwide S&P 500 Index Fund (GRISX). 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 | GRISX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.24 | 0.96 | +0.29 |
Sortino ratioReturn per unit of downside risk | 1.83 | 1.47 | +0.36 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.22 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.93 | 1.49 | +0.44 |
Martin ratioReturn relative to average drawdown | 7.64 | 7.12 | +0.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NWHFX | GRISX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 0.96 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.67 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.76 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.40 | 0.00 |
Correlation
The correlation between NWHFX and GRISX is 0.77, 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. GRISX - Dividend Comparison
NWHFX's dividend yield for the trailing twelve months is around 10.94%, more than GRISX's 5.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWHFX Nationwide Bailard Cognitive Value Fund | 10.94% | 11.48% | 13.85% | 1.38% | 3.31% | 4.98% | 0.83% | 0.65% | 15.39% | 11.63% | 0.62% | 1.21% |
GRISX Nationwide S&P 500 Index Fund | 5.35% | 5.08% | 2.62% | 0.79% | 1.67% | 4.96% | 1.27% | 6.26% | 18.54% | 6.66% | 7.42% | 11.98% |
Drawdowns
NWHFX vs. GRISX - Drawdown Comparison
The maximum NWHFX drawdown since its inception was -47.51%, smaller than the maximum GRISX drawdown of -55.53%. Use the drawdown chart below to compare losses from any high point for NWHFX and GRISX.
Loading graphics...
Drawdown Indicators
| NWHFX | GRISX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.51% | -55.53% | +8.02% |
Max Drawdown (1Y)Largest decline over 1 year | -13.22% | -12.11% | -1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -24.68% | -24.75% | +0.07% |
Max Drawdown (10Y)Largest decline over 10 years | -47.51% | -33.85% | -13.66% |
Current DrawdownCurrent decline from peak | -5.30% | -6.27% | +0.97% |
Average DrawdownAverage peak-to-trough decline | -7.44% | -10.92% | +3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.34% | 2.53% | +0.81% |
Volatility
NWHFX vs. GRISX - Volatility Comparison
Nationwide Bailard Cognitive Value Fund (NWHFX) has a higher volatility of 6.08% compared to Nationwide S&P 500 Index Fund (GRISX) at 5.34%. This indicates that NWHFX's price experiences larger fluctuations and is considered to be riskier than GRISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NWHFX | GRISX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.08% | 5.34% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 12.18% | 9.54% | +2.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.41% | 18.31% | +2.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.71% | 16.95% | +3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.76% | 18.06% | +4.70% |