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.
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.
Performance
NWJCX vs. GOOG - Performance Comparison
Key characteristics
NWJCX:
-0.23
GOOG:
1.40
NWJCX:
-0.08
GOOG:
1.94
NWJCX:
0.98
GOOG:
1.26
NWJCX:
-0.25
GOOG:
1.74
NWJCX:
-1.58
GOOG:
4.27
NWJCX:
4.31%
GOOG:
9.07%
NWJCX:
29.91%
GOOG:
27.69%
NWJCX:
-32.00%
GOOG:
-44.60%
NWJCX:
-25.54%
GOOG:
-1.10%
Returns By Period
In the year-to-date period, NWJCX achieves a -7.04% return, which is significantly lower than GOOG's 39.57% return. Over the past 10 years, NWJCX has underperformed GOOG with an annualized return of 11.23%, while GOOG has yielded a comparatively higher 22.19% annualized return.
NWJCX
-7.04%
-23.56%
-20.37%
-6.81%
8.59%
11.23%
GOOG
39.57%
17.80%
8.67%
37.82%
24.03%
22.19%
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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 0.33%, more than GOOG's 0.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWJCX Nationwide NYSE Arca Tech 100 Index Fund | 0.33% | 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. | 0.31% | 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
Nationwide NYSE Arca Tech 100 Index Fund (NWJCX) has a higher volatility of 27.60% compared to Alphabet Inc. (GOOG) at 9.90%. This indicates that NWJCX's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.