NWJCX vs. NWHVX

Last updated Jul 15, 2026

NWJCX (Nationwide NYSE Arca Tech 100 Index Fund) and NWHVX (Nationwide Geneva Mid Cap Growth Fund) are both mutual funds - NWJCX is a Technology Equities fund managed by Nationwide, while NWHVX is a Mid Cap Growth Equities fund managed by Nationwide. Over the past 10 years, NWJCX returned 19.10%/yr vs 8.79%/yr for NWHVX. Their correlation of 0.86 suggests significant overlap in exposure. NWJCX charges 0.65%/yr vs 1.07%/yr for NWHVX.

Performance

NWJCX vs. NWHVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nationwide NYSE Arca Tech 100 Index Fund (NWJCX) and Nationwide Geneva Mid Cap Growth Fund (NWHVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NWJCX achieves a 23.63% return, which is significantly higher than NWHVX's -2.15% return. Over the past 10 years, NWJCX has outperformed NWHVX with an annualized return of 19.10%, while NWHVX has yielded a comparatively lower 8.79% annualized return.

NWJCX

• 1D: -1.83%
• 1M: -1.11%
• 6M: 17.28%
• YTD: 23.63%
• 1Y: 36.86%
• 3Y*: 26.92%
• 5Y*: 15.88%
• 10Y*: 19.10%

NWHVX

• 1D: 0.00%
• 1M: 1.26%
• 6M: -5.33%
• YTD: -2.15%
• 1Y: -7.45%
• 3Y*: 4.14%
• 5Y*: 0.42%
• 10Y*: 8.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NWJCX vs. NWHVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NWJCX Nationwide NYSE Arca Tech 100 Index Fund	23.63%	19.96%	18.77%	41.70%	-21.56%	25.46%	24.25%	33.67%	0.51%	31.31%
NWHVX Nationwide Geneva Mid Cap Growth Fund	-2.15%	-2.38%	9.89%	23.84%	-28.32%	25.03%	31.17%	29.96%	-2.97%	23.11%

Correlation

The correlation between NWJCX and NWHVX is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 17, 2013	0.86

Over the past year, the correlation between NWJCX and NWHVX has dropped to 0.64 - well below their long-term average of 0.86, suggesting their price drivers have been diverging.

Return for Risk

NWJCX vs. NWHVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NWJCX

NWJCX Risk / Return Rank: 72
NWJCX Sharpe Ratio Rank: 68
NWJCX Sortino Ratio Rank: 58
NWJCX Omega Ratio Rank: 56
NWJCX Calmar Ratio Rank: 90
NWJCX Martin Ratio Rank: 90

NWHVX

NWHVX Risk / Return Rank: 1
NWHVX Sharpe Ratio Rank: 1
NWHVX Sortino Ratio Rank: 1
NWHVX Omega Ratio Rank: 1
NWHVX Calmar Ratio Rank: 1
NWHVX Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NWJCX vs. NWHVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nationwide NYSE Arca Tech 100 Index Fund (NWJCX) and Nationwide Geneva Mid Cap Growth Fund (NWHVX). 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.

	NWJCX	NWHVX	Difference
Sharpe ratio: Return per unit of total volatility	1.80	-0.47	+2.27
Sortino ratio: Return per unit of downside risk	2.39	-0.58	+2.96
Omega ratio: Gain probability vs. loss probability	1.31	0.94	+0.37
Calmar ratio: Return relative to maximum drawdown	3.67	-0.39	+4.06
Martin ratio: Return relative to average drawdown	13.26	-0.81	+14.08

NWJCX vs. NWHVX - Sharpe Ratio Comparison

The current NWJCX Sharpe Ratio is 1.80, which is higher than the NWHVX Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of NWJCX and NWHVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NWJCX vs. NWHVX - Drawdown Comparison

The maximum NWJCX drawdown since its inception was -31.31%, smaller than the maximum NWHVX drawdown of -37.12%. Use the drawdown chart below to compare losses from any high point for NWJCX and NWHVX.

Drawdown Indicators

	NWJCX	NWHVX	Difference
Max Drawdown Largest peak-to-trough decline	-31.31%	-37.12%	+5.81%
Max Drawdown (1Y) Largest decline over 1 year	-10.18%	-17.82%	+7.64%
Max Drawdown (3Y) Largest decline over 3 years	-21.21%	-19.80%	-1.41%
Max Drawdown (5Y) Largest decline over 5 years	-31.31%	-37.12%	+5.81%
Max Drawdown (10Y) Largest decline over 10 years	-31.31%	-37.12%	+5.81%
Current Drawdown Current decline from peak	-4.38%	-11.43%	+7.05%
Average Drawdown Average peak-to-trough decline	-5.09%	-7.87%	+2.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	8.60%	-5.79%

Volatility

NWJCX vs. NWHVX - Volatility Comparison

Nationwide NYSE Arca Tech 100 Index Fund (NWJCX) has a higher volatility of 9.41% compared to Nationwide Geneva Mid Cap Growth Fund (NWHVX) at 3.97%. This indicates that NWJCX's price experiences larger fluctuations and is considered to be riskier than NWHVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NWJCX	NWHVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.41%	3.97%	+5.44%
Volatility (6M) Calculated over the trailing 6-month period	17.68%	11.77%	+5.91%
Volatility (1Y) Calculated over the trailing 1-year period	20.81%	14.85%	+5.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.05%	19.94%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.66%	19.64%	+2.02%

NWJCX vs. NWHVX - Expense Ratio Comparison

NWJCX has a 0.65% expense ratio, which is lower than NWHVX's 1.07% expense ratio.

Dividends

NWJCX vs. NWHVX - Dividend Comparison

NWJCX's dividend yield for the trailing twelve months is around 3.47%, less than NWHVX's 8.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NWHVX Nationwide Geneva Mid Cap Growth Fund	8.14%	7.96%	11.93%	16.14%	36.45%	34.64%	6.16%	18.85%	38.53%	11.37%	8.97%	13.54%
NWJCX Nationwide NYSE Arca Tech 100 Index Fund	3.47%	4.27%	31.15%	11.59%	17.83%	8.74%	5.04%	1.98%	2.59%	3.94%	0.74%	0.64%

Frequently Asked Questions

Can I hold both NWJCX and NWHVX in my portfolio?

NWJCX and NWHVX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NWJCX or NWHVX?

NWJCX has higher volatility (9.41%) compared to NWHVX (3.97%). In terms of maximum drawdown, NWJCX dropped -31.31% vs NWHVX's -37.12%.

Which has better risk-adjusted returns?

NWJCX currently has the higher Sharpe Ratio (1.80 vs -0.47), 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.