NWJCX vs. GOOG
Compare and contrast key facts about Nationwide NYSE Arca Tech 100 Index Fund (NWJCX) and Alphabet Inc. (GOOG).
NWJCX is managed by Nationwide. It was launched on Jun 9, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NWJCX or GOOG.
Performance
NWJCX vs. GOOG - Performance Comparison
Returns By Period
In the year-to-date period, NWJCX achieves a 21.61% return, which is significantly higher than GOOG's 18.48% return. Over the past 10 years, NWJCX has underperformed GOOG with an annualized return of 14.48%, while GOOG has yielded a comparatively higher 20.04% annualized return.
NWJCX
21.61%
2.65%
7.89%
29.76%
15.45%
14.48%
GOOG
18.48%
1.27%
-5.30%
19.25%
20.89%
20.04%
Key characteristics
| NWJCX | GOOG | |
|---|---|---|
| Sharpe Ratio | 1.67 | 0.72 |
| Sortino Ratio | 2.28 | 1.12 |
| Omega Ratio | 1.30 | 1.15 |
| Calmar Ratio | 2.94 | 0.86 |
| Martin Ratio | 9.27 | 2.17 |
| Ulcer Index | 3.21% | 8.87% |
| Daily Std Dev | 17.78% | 26.86% |
| Max Drawdown | -32.00% | -44.60% |
| Current Drawdown | -1.98% | -13.43% |
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Correlation
The correlation between NWJCX and GOOG is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
NWJCX vs. GOOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide NYSE Arca Tech 100 Index Fund (NWJCX) and Alphabet Inc. (GOOG). 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.
Dividends
NWJCX vs. GOOG - Dividend Comparison
NWJCX's dividend yield for the trailing twelve months is around 0.37%, more than GOOG's 0.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWJCX Nationwide NYSE Arca Tech 100 Index Fund | 0.37% | 0.47% | 0.88% | 0.27% | 0.55% | 0.65% | 0.42% | 0.48% | 0.74% | 0.64% | 0.60% | 0.23% |
GOOG Alphabet Inc. | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NWJCX vs. GOOG - Drawdown Comparison
The maximum NWJCX drawdown since its inception was -32.00%, smaller than the maximum GOOG drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for NWJCX and GOOG. For additional features, visit the drawdowns tool.
Volatility
NWJCX vs. GOOG - Volatility Comparison
The current volatility for Nationwide NYSE Arca Tech 100 Index Fund (NWJCX) is 4.80%, while Alphabet Inc. (GOOG) has a volatility of 9.38%. This indicates that NWJCX experiences smaller price fluctuations and is considered to be less risky than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.