NWHFX vs. NWHVX
NWHFX (Nationwide Bailard Cognitive Value Fund) and NWHVX (Nationwide Geneva Mid Cap Growth Fund) are both mutual funds - NWHFX is a Small Cap Value Equities fund managed by Nationwide, while NWHVX is a Mid Cap Growth Equities fund managed by Nationwide. Over the past 10 years, NWHFX returned 10.57%/yr vs 8.94%/yr for NWHVX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. NWHFX charges 1.00%/yr vs 1.07%/yr for NWHVX.
Performance
NWHFX vs. NWHVX - Performance Comparison
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Returns By Period
In the year-to-date period, NWHFX achieves a 22.58% return, which is significantly higher than NWHVX's -1.49% return. Over the past 10 years, NWHFX has outperformed NWHVX with an annualized return of 10.57%, while NWHVX has yielded a comparatively lower 8.94% annualized return.
NWHFX
- 1D
- 0.00%
- 1M
- -0.64%
- 6M
- 13.92%
- YTD
- 22.58%
- 1Y
- 39.98%
- 3Y*
- 16.92%
- 5Y*
- 10.36%
- 10Y*
- 10.57%
- ALL TIME*
- 9.73%
NWHVX
- 1D
- 0.38%
- 1M
- -0.19%
- 6M
- -1.31%
- YTD
- -1.49%
- 1Y
- -5.83%
- 3Y*
- 4.42%
- 5Y*
- -0.05%
- 10Y*
- 8.94%
- ALL TIME*
- 8.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
NWHFX vs. NWHVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWHFX Nationwide Bailard Cognitive Value Fund | 22.58% | 9.95% | 10.23% | 15.78% | -12.91% | 36.15% | 8.82% | 21.18% | -16.17% | 4.04% |
NWHVX Nationwide Geneva Mid Cap Growth Fund | -1.49% | -2.38% | 9.89% | 23.84% | -28.32% | 25.03% | 31.17% | 29.96% | -2.97% | 23.11% |
Correlation
The correlation between NWHFX and NWHVX is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.68 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.75 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2013 | 0.75 |
The correlation between NWHFX and NWHVX has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.
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Return for Risk
NWHFX vs. NWHVX — Risk / Return Rank
NWHFX
NWHVX
NWHFX vs. NWHVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Bailard Cognitive Value Fund (NWHFX) and Nationwide Geneva Mid Cap Growth Fund (NWHVX). 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.
| NWHFX | NWHVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.77 | ||
| Sortino ratioReturn per unit of downside risk | +3.95 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.94 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 4.47 | -0.41 | +4.88 |
| Martin ratioReturn relative to average drawdown | 16.23 | -0.85 | +17.08 |
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Drawdowns
NWHFX vs. NWHVX - Drawdown Comparison
The maximum NWHFX drawdown since its inception was -47.51%, which is greater than NWHVX's maximum drawdown of -37.12%. Use the drawdown chart below to compare losses from any high point for NWHFX and NWHVX.
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Drawdown Indicators
| NWHFX | NWHVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.51% | -37.12% | -10.39% |
Max Drawdown (1Y)Largest decline over 1 year | -8.50% | -17.02% | +8.52% |
Max Drawdown (3Y)Largest decline over 3 years | -24.68% | -19.80% | -4.88% |
Max Drawdown (5Y)Largest decline over 5 years | -24.68% | -37.12% | +12.44% |
Max Drawdown (10Y)Largest decline over 10 years | -47.51% | -37.12% | -10.39% |
Current DrawdownCurrent decline from peak | -1.85% | -10.84% | +8.99% |
Average DrawdownAverage peak-to-trough decline | -7.27% | -7.89% | +0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 8.14% | -5.80% |
Volatility
NWHFX vs. NWHVX - Volatility Comparison
The current volatility for Nationwide Bailard Cognitive Value Fund (NWHFX) is 3.37%, while Nationwide Geneva Mid Cap Growth Fund (NWHVX) has a volatility of 4.10%. This indicates that NWHFX experiences smaller price fluctuations and is considered to be less risky than NWHVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWHFX | NWHVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.37% | 4.10% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 11.40% | 11.92% | -0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.46% | 15.12% | +1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.30% | 19.96% | +0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.77% | 19.66% | +3.11% |
NWHFX vs. NWHVX - Expense Ratio Comparison
NWHFX has a 1.00% expense ratio, which is lower than NWHVX's 1.07% expense ratio.
Dividends
NWHFX vs. NWHVX - Dividend Comparison
NWHFX's dividend yield for the trailing twelve months is around 9.45%, more than NWHVX's 8.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWHFX Nationwide Bailard Cognitive Value Fund | 9.45% | 11.48% | 13.85% | 1.38% | 3.31% | 4.98% | 0.83% | 0.65% | 15.39% | 11.63% | 0.62% | 1.21% |
NWHVX Nationwide Geneva Mid Cap Growth Fund | 8.08% | 7.96% | 11.93% | 16.14% | 36.45% | 34.64% | 6.16% | 18.85% | 38.53% | 11.37% | 8.97% | 13.54% |
Frequently Asked Questions
NWHFX and NWHVX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NWHVX has higher volatility (4.10%) compared to NWHFX (3.37%). In terms of maximum drawdown, NWHFX dropped -47.51% vs NWHVX's -37.12%.
NWHFX currently has the higher Sharpe Ratio (2.31 vs -0.46), 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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