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NWHQX vs. FSELX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NWHQX vs. FSELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nationwide Bailard Technology and Science Fund (NWHQX) and Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

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NWHQX vs. FSELX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NWHQX
Nationwide Bailard Technology and Science Fund
-15.35%18.58%26.23%63.66%-37.23%19.21%50.97%38.91%-3.16%38.22%
FSELX
Fidelity Select Semiconductors Portfolio
7.19%52.17%49.68%78.49%-35.27%59.16%44.33%64.50%-12.01%34.51%

Returns By Period

In the year-to-date period, NWHQX achieves a -15.35% return, which is significantly lower than FSELX's 7.19% return. Over the past 10 years, NWHQX has underperformed FSELX with an annualized return of 17.17%, while FSELX has yielded a comparatively higher 32.33% annualized return.


NWHQX

1D
-1.03%
1M
-10.15%
YTD
-15.35%
6M
-17.09%
1Y
10.40%
3Y*
19.52%
5Y*
8.57%
10Y*
17.17%

FSELX

1D
7.19%
1M
-4.24%
YTD
7.19%
6M
13.70%
1Y
97.02%
3Y*
46.40%
5Y*
31.60%
10Y*
32.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NWHQX vs. FSELX - Expense Ratio Comparison

NWHQX has a 0.92% expense ratio, which is higher than FSELX's 0.68% expense ratio.


Return for Risk

NWHQX vs. FSELX — Risk / Return Rank

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

NWHQX
NWHQX Risk / Return Rank: 1414
Overall Rank
NWHQX Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
NWHQX Sortino Ratio Rank: 1616
Sortino Ratio Rank
NWHQX Omega Ratio Rank: 1515
Omega Ratio Rank
NWHQX Calmar Ratio Rank: 1313
Calmar Ratio Rank
NWHQX Martin Ratio Rank: 1212
Martin Ratio Rank

FSELX
FSELX Risk / Return Rank: 9696
Overall Rank
FSELX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
FSELX Sortino Ratio Rank: 9494
Sortino Ratio Rank
FSELX Omega Ratio Rank: 9191
Omega Ratio Rank
FSELX Calmar Ratio Rank: 9898
Calmar Ratio Rank
FSELX Martin Ratio Rank: 9898
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.

NWHQX vs. FSELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nationwide Bailard Technology and Science Fund (NWHQX) and Fidelity Select Semiconductors Portfolio (FSELX). 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.


NWHQXFSELXDifference

Sharpe ratio

Return per unit of total volatility

0.37

2.40

-2.03

Sortino ratio

Return per unit of downside risk

0.70

3.02

-2.32

Omega ratio

Gain probability vs. loss probability

1.10

1.43

-0.33

Calmar ratio

Return relative to maximum drawdown

0.32

5.65

-5.33

Martin ratio

Return relative to average drawdown

1.02

22.93

-21.91

NWHQX vs. FSELX - Sharpe Ratio Comparison

The current NWHQX Sharpe Ratio is 0.37, which is lower than the FSELX Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of NWHQX and FSELX, 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


NWHQXFSELXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.37

2.40

-2.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.33

0.82

-0.49

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

0.93

-0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.69

0.50

+0.19

Correlation

The correlation between NWHQX and FSELX is 0.86, 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

NWHQX vs. FSELX - Dividend Comparison

NWHQX's dividend yield for the trailing twelve months is around 13.83%, more than FSELX's 10.36% yield.


TTM20252024202320222021202020192018201720162015
NWHQX
Nationwide Bailard Technology and Science Fund
13.83%11.71%12.90%6.49%11.34%17.51%11.54%7.38%17.44%10.29%7.72%8.63%
FSELX
Fidelity Select Semiconductors Portfolio
10.36%11.11%7.97%7.20%6.69%6.99%8.13%3.36%26.80%14.44%3.82%15.22%

Drawdowns

NWHQX vs. FSELX - Drawdown Comparison

The maximum NWHQX drawdown since its inception was -42.61%, smaller than the maximum FSELX drawdown of -82.54%. Use the drawdown chart below to compare losses from any high point for NWHQX and FSELX.


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Drawdown Indicators


NWHQXFSELXDifference

Max Drawdown

Largest peak-to-trough decline

-42.61%

-82.54%

+39.93%

Max Drawdown (1Y)

Largest decline over 1 year

-21.34%

-17.23%

-4.11%

Max Drawdown (5Y)

Largest decline over 5 years

-42.61%

-46.37%

+3.76%

Max Drawdown (10Y)

Largest decline over 10 years

-42.61%

-46.37%

+3.76%

Current Drawdown

Current decline from peak

-21.34%

-8.22%

-13.12%

Average Drawdown

Average peak-to-trough decline

-7.14%

-28.82%

+21.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.74%

4.24%

+2.50%

Volatility

NWHQX vs. FSELX - Volatility Comparison

The current volatility for Nationwide Bailard Technology and Science Fund (NWHQX) is 6.95%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 12.78%. This indicates that NWHQX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NWHQXFSELXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.95%

12.78%

-5.83%

Volatility (6M)

Calculated over the trailing 6-month period

16.65%

25.83%

-9.18%

Volatility (1Y)

Calculated over the trailing 1-year period

27.22%

41.39%

-14.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.24%

38.69%

-12.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.06%

34.78%

-9.72%