NWISX vs. GRISX
Compare and contrast key facts about Nationwide Destination 2030 Fund (NWISX) and Nationwide S&P 500 Index Fund (GRISX).
NWISX is managed by Nationwide. It was launched on Aug 28, 2007. 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
NWISX vs. GRISX - Performance Comparison
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NWISX vs. GRISX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWISX Nationwide Destination 2030 Fund | -1.41% | 14.63% | 8.73% | 15.11% | -16.85% | 11.16% | 12.13% | 17.47% | -7.35% | 14.17% |
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, NWISX achieves a -1.41% return, which is significantly higher than GRISX's -4.41% return. Over the past 10 years, NWISX has underperformed GRISX with an annualized return of 6.93%, while GRISX has yielded a comparatively higher 13.69% annualized 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%
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%
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NWISX vs. GRISX - Expense Ratio Comparison
NWISX has a 0.38% expense ratio, which is lower than GRISX's 0.44% expense ratio.
Return for Risk
NWISX vs. GRISX — Risk / Return Rank
NWISX
GRISX
NWISX vs. GRISX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination 2030 Fund (NWISX) 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.
| NWISX | GRISX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 0.96 | +0.38 |
Sortino ratioReturn per unit of downside risk | 1.91 | 1.47 | +0.45 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.22 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.49 | +0.35 |
Martin ratioReturn relative to average drawdown | 7.94 | 7.12 | +0.82 |
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 | GRISX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 0.96 | +0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.67 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.76 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.40 | -0.04 |
Correlation
The correlation between NWISX and GRISX is 0.94, 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. GRISX - Dividend Comparison
NWISX's dividend yield for the trailing twelve months is around 7.66%, more than GRISX's 5.35% 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% |
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
NWISX vs. GRISX - Drawdown Comparison
The maximum NWISX drawdown since its inception was -49.97%, smaller than the maximum GRISX drawdown of -55.53%. Use the drawdown chart below to compare losses from any high point for NWISX and GRISX.
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Drawdown Indicators
| NWISX | GRISX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.97% | -55.53% | +5.56% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -12.11% | +5.32% |
Max Drawdown (5Y)Largest decline over 5 years | -28.31% | -24.75% | -3.56% |
Max Drawdown (10Y)Largest decline over 10 years | -28.31% | -33.85% | +5.54% |
Current DrawdownCurrent decline from peak | -4.38% | -6.27% | +1.89% |
Average DrawdownAverage peak-to-trough decline | -8.00% | -10.92% | +2.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 2.53% | -0.96% |
Volatility
NWISX vs. GRISX - Volatility Comparison
The current volatility for Nationwide Destination 2030 Fund (NWISX) is 3.76%, while Nationwide S&P 500 Index Fund (GRISX) has a volatility of 5.34%. This indicates that NWISX experiences smaller price fluctuations and is considered to be less risky than GRISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWISX | GRISX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | 5.34% | -1.58% |
Volatility (6M)Calculated over the trailing 6-month period | 5.61% | 9.54% | -3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.28% | 18.31% | -9.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.39% | 16.95% | -5.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.89% | 18.06% | -6.17% |