NWJVX vs. NWAUX
NWJVX (Nationwide Loomis Short Term Bond Fund) and NWAUX (Nationwide GQG US Quality Equity Fund) are both mutual funds - NWJVX is a Short-Term Bond fund managed by Nationwide, while NWAUX is a Large Cap Blend Equities fund managed by Nationwide. Over the past 5 years, NWJVX returned 2.64%/yr vs 9.15%/yr for NWAUX. At a 0.13 correlation, their price movements are largely independent. NWJVX charges 0.49%/yr vs 0.74%/yr for NWAUX.
Performance
NWJVX vs. NWAUX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NWJVX achieves a 0.66% return, which is significantly lower than NWAUX's 2.66% return.
NWJVX
- 1D
- -0.10%
- 1M
- 0.24%
- YTD
- 0.66%
- 6M
- 1.11%
- 1Y
- 3.85%
- 3Y*
- 5.46%
- 5Y*
- 2.64%
- 10Y*
- 2.61%
NWAUX
- 1D
- 0.36%
- 1M
- -5.28%
- YTD
- 2.66%
- 6M
- 2.81%
- 1Y
- 0.44%
- 3Y*
- 11.66%
- 5Y*
- 9.15%
- 10Y*
- —
NWJVX vs. NWAUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NWJVX Nationwide Loomis Short Term Bond Fund | 0.66% | 5.78% | 5.57% | 5.85% | -4.01% | 0.05% |
NWAUX Nationwide GQG US Quality Equity Fund | 2.66% | -4.92% | 27.90% | 18.30% | -3.23% | 22.65% |
Correlation
The correlation between NWJVX and NWAUX is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2021 | 0.13 |
The correlation between NWJVX and NWAUX shifts across timeframes, from -0.00 (1 year) to 0.13 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NWJVX vs. NWAUX — Risk / Return Rank
NWJVX
NWAUX
NWJVX vs. NWAUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Loomis Short Term Bond Fund (NWJVX) and Nationwide GQG US Quality Equity Fund (NWAUX). 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.
| NWJVX | NWAUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +3.72 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.03 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 3.25 | 0.17 | +3.07 |
| Martin ratioReturn relative to average drawdown | 13.31 | 0.45 | +12.86 |
Loading charts...
Drawdowns
NWJVX vs. NWAUX - Drawdown Comparison
The maximum NWJVX drawdown since its inception was -21.61%, roughly equal to the maximum NWAUX drawdown of -21.07%. Use the drawdown chart below to compare losses from any high point for NWJVX and NWAUX.
Loading charts...
Drawdown Indicators
| NWJVX | NWAUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.61% | -21.07% | -0.54% |
Max Drawdown (1Y)Largest decline over 1 year | -1.19% | -8.55% | +7.36% |
Max Drawdown (3Y)Largest decline over 3 years | -1.19% | -19.31% | +18.12% |
Max Drawdown (5Y)Largest decline over 5 years | -7.00% | -21.07% | +14.07% |
Max Drawdown (10Y)Largest decline over 10 years | -21.61% | — | — |
Current DrawdownCurrent decline from peak | -0.30% | -13.00% | +12.70% |
Average DrawdownAverage peak-to-trough decline | -4.66% | -6.96% | +2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.29% | 3.31% | -3.02% |
Volatility
NWJVX vs. NWAUX - Volatility Comparison
The current volatility for Nationwide Loomis Short Term Bond Fund (NWJVX) is 0.59%, while Nationwide GQG US Quality Equity Fund (NWAUX) has a volatility of 3.62%. This indicates that NWJVX experiences smaller price fluctuations and is considered to be less risky than NWAUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NWJVX | NWAUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.59% | 3.62% | -3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 1.38% | 7.96% | -6.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.90% | 10.43% | -8.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.21% | 16.12% | -13.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.29% | 15.91% | -4.62% |
NWJVX vs. NWAUX - Expense Ratio Comparison
NWJVX has a 0.49% expense ratio, which is lower than NWAUX's 0.74% expense ratio.
Dividends
NWJVX vs. NWAUX - Dividend Comparison
NWJVX's dividend yield for the trailing twelve months is around 4.20%, less than NWAUX's 5.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWAUX Nationwide GQG US Quality Equity Fund | 5.07% | 4.35% | 13.58% | 0.40% | 1.93% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NWJVX Nationwide Loomis Short Term Bond Fund | 4.20% | 4.39% | 4.58% | 3.59% | 1.76% | 1.36% | 2.00% | 2.50% | 2.19% | 1.48% | 1.35% | 1.28% |
Frequently Asked Questions
NWJVX and NWAUX have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NWAUX has higher volatility (3.62%) compared to NWJVX (0.59%). In terms of maximum drawdown, NWJVX dropped -21.61% vs NWAUX's -21.07%.
NWJVX currently has the higher Sharpe Ratio (2.04 vs 0.14), 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.
Find the right allocation for NWJVX and NWAUX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer