NWHVX vs. NWHQX
NWHVX (Nationwide Geneva Mid Cap Growth Fund) and NWHQX (Nationwide Bailard Technology and Science Fund) are both mutual funds - NWHVX is a Mid Cap Growth Equities fund managed by Nationwide, while NWHQX is a Technology Equities fund managed by Nationwide. Over the past 10 years, NWHVX returned 8.94%/yr vs 20.06%/yr for NWHQX. Their correlation of 0.81 means they have usually moved in the same direction. NWHVX charges 1.07%/yr vs 0.92%/yr for NWHQX.
Performance
NWHVX vs. NWHQX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NWHVX achieves a -1.49% return, which is significantly lower than NWHQX's 13.96% return. Over the past 10 years, NWHVX has underperformed NWHQX with an annualized return of 8.94%, while NWHQX has yielded a comparatively higher 20.06% annualized return.
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%
NWHQX
- 1D
- 0.92%
- 1M
- -4.00%
- 6M
- 14.76%
- YTD
- 13.96%
- 1Y
- 22.73%
- 3Y*
- 23.52%
- 5Y*
- 12.68%
- 10Y*
- 20.06%
- ALL TIME*
- 18.54%
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 |
NWHVX vs. NWHQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
NWHQX Nationwide Bailard Technology and Science Fund | 13.96% | 18.58% | 26.23% | 63.66% | -37.23% | 19.21% | 50.97% | 38.91% | -3.16% | 38.22% |
Correlation
The correlation between NWHVX and NWHQX is 0.53, 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. | 0.53 |
Correlation (3Y) Balances recent behavior with more history. | 0.65 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2013 | 0.81 |
Over the past year, the correlation between NWHVX and NWHQX has dropped to 0.53 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NWHVX vs. NWHQX — Risk / Return Rank
NWHVX
NWHQX
NWHVX vs. NWHQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Geneva Mid Cap Growth Fund (NWHVX) and Nationwide Bailard Technology and Science Fund (NWHQX). 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.
| NWHVX | NWHQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.15 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 0.94 | -1.35 |
| Martin ratioReturn relative to average drawdown | -0.85 | 2.66 | -3.52 |
Loading charts...
Drawdowns
NWHVX vs. NWHQX - Drawdown Comparison
The maximum NWHVX drawdown since its inception was -37.12%, smaller than the maximum NWHQX drawdown of -42.61%. Use the drawdown chart below to compare losses from any high point for NWHVX and NWHQX.
Loading charts...
Drawdown Indicators
| NWHVX | NWHQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.12% | -42.61% | +5.49% |
Max Drawdown (1Y)Largest decline over 1 year | -17.02% | -21.34% | +4.32% |
Max Drawdown (3Y)Largest decline over 3 years | -19.80% | -26.48% | +6.68% |
Max Drawdown (5Y)Largest decline over 5 years | -37.12% | -42.61% | +5.49% |
Max Drawdown (10Y)Largest decline over 10 years | -37.12% | -42.61% | +5.49% |
Current DrawdownCurrent decline from peak | -10.84% | -8.85% | -1.99% |
Average DrawdownAverage peak-to-trough decline | -7.89% | -7.09% | -0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.14% | 7.54% | +0.60% |
Volatility
NWHVX vs. NWHQX - Volatility Comparison
The current volatility for Nationwide Geneva Mid Cap Growth Fund (NWHVX) is 4.10%, while Nationwide Bailard Technology and Science Fund (NWHQX) has a volatility of 9.12%. This indicates that NWHVX experiences smaller price fluctuations and is considered to be less risky than NWHQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NWHVX | NWHQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 9.12% | -5.02% |
Volatility (6M)Calculated over the trailing 6-month period | 11.92% | 21.61% | -9.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.12% | 25.66% | -10.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.96% | 27.10% | -7.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.66% | 25.54% | -5.88% |
NWHVX vs. NWHQX - Expense Ratio Comparison
NWHVX has a 1.07% expense ratio, which is higher than NWHQX's 0.92% expense ratio.
Dividends
NWHVX vs. NWHQX - Dividend Comparison
NWHVX's dividend yield for the trailing twelve months is around 8.08%, less than NWHQX's 10.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWHQX Nationwide Bailard Technology and Science Fund | 10.27% | 11.71% | 12.90% | 6.49% | 11.34% | 17.51% | 11.54% | 7.38% | 17.44% | 10.29% | 7.72% | 8.63% |
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
NWHVX and NWHQX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NWHQX has higher volatility (9.12%) compared to NWHVX (4.10%). In terms of maximum drawdown, NWHVX dropped -37.12% vs NWHQX's -42.61%.
NWHQX currently has the higher Sharpe Ratio (0.79 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.
Find the right allocation for NWHVX and NWHQX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer