NWISX vs. FRKMX
Compare and contrast key facts about Nationwide Destination 2030 Fund (NWISX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
NWISX is managed by Nationwide. It was launched on Aug 28, 2007. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
NWISX vs. FRKMX - Performance Comparison
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NWISX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NWISX Nationwide Destination 2030 Fund | -1.41% | 14.63% | 8.73% | 15.11% | -16.85% | 11.16% | 12.13% | 3.70% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 0.27% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
Returns By Period
In the year-to-date period, NWISX achieves a -1.41% return, which is significantly lower than FRKMX's 0.27% return.
NWISX
- 1D
- 1.60%
- 1M
- -3.71%
- YTD
- -1.41%
- 6M
- 0.57%
- 1Y
- 12.07%
- 3Y*
- 10.35%
- 5Y*
- 4.77%
- 10Y*
- 6.93%
FRKMX
- 1D
- 0.75%
- 1M
- -2.05%
- YTD
- 0.27%
- 6M
- 1.36%
- 1Y
- 7.67%
- 3Y*
- 6.29%
- 5Y*
- 2.54%
- 10Y*
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NWISX vs. FRKMX - Expense Ratio Comparison
NWISX has a 0.38% expense ratio, which is higher than FRKMX's 0.35% expense ratio.
Return for Risk
NWISX vs. FRKMX — Risk / Return Rank
NWISX
FRKMX
NWISX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination 2030 Fund (NWISX) and Fidelity Managed Retirement Income Fund Class K (FRKMX). 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.
| NWISX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 1.72 | -0.39 |
Sortino ratioReturn per unit of downside risk | 1.91 | 2.41 | -0.50 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.35 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.84 | 2.35 | -0.51 |
Martin ratioReturn relative to average drawdown | 7.94 | 9.34 | -1.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NWISX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 1.72 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.49 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.71 | -0.35 |
Correlation
The correlation between NWISX and FRKMX is 0.79, 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
NWISX vs. FRKMX - Dividend Comparison
NWISX's dividend yield for the trailing twelve months is around 7.66%, more than FRKMX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWISX Nationwide Destination 2030 Fund | 7.66% | 7.48% | 13.04% | 7.29% | 3.01% | 9.66% | 5.40% | 6.21% | 11.67% | 7.96% | 7.01% | 5.09% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.25% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NWISX vs. FRKMX - Drawdown Comparison
The maximum NWISX drawdown since its inception was -49.97%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for NWISX and FRKMX.
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Drawdown Indicators
| NWISX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.97% | -16.04% | -33.93% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -3.42% | -3.37% |
Max Drawdown (5Y)Largest decline over 5 years | -28.31% | -16.04% | -12.27% |
Max Drawdown (10Y)Largest decline over 10 years | -28.31% | — | — |
Current DrawdownCurrent decline from peak | -4.38% | -2.44% | -1.94% |
Average DrawdownAverage peak-to-trough decline | -8.00% | -3.64% | -4.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 0.86% | +0.71% |
Volatility
NWISX vs. FRKMX - Volatility Comparison
Nationwide Destination 2030 Fund (NWISX) has a higher volatility of 3.76% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 2.14%. This indicates that NWISX's price experiences larger fluctuations and is considered to be riskier than FRKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWISX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | 2.14% | +1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 5.61% | 2.95% | +2.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.28% | 4.63% | +4.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.39% | 5.23% | +6.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.89% | 5.14% | +6.75% |