NWJVX vs. NWHVX
NWJVX (Nationwide Loomis Short Term Bond Fund) and NWHVX (Nationwide Geneva Mid Cap Growth Fund) are both mutual funds - NWJVX is a Short-Term Bond fund managed by Nationwide, while NWHVX is a Mid Cap Growth Equities fund managed by Nationwide. Over the past 10 years, NWJVX returned 2.63%/yr vs 9.06%/yr for NWHVX. At a 0.05 correlation, their price movements are largely independent. NWJVX charges 0.49%/yr vs 1.07%/yr for NWHVX.
Performance
NWJVX vs. NWHVX - Performance Comparison
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Returns By Period
In the year-to-date period, NWJVX achieves a 0.86% return, which is significantly higher than NWHVX's -4.30% return. Over the past 10 years, NWJVX has underperformed NWHVX with an annualized return of 2.63%, while NWHVX has yielded a comparatively higher 9.06% annualized return.
NWJVX
- 1D
- 0.10%
- 1M
- 0.34%
- YTD
- 0.86%
- 6M
- 1.22%
- 1Y
- 3.85%
- 3Y*
- 5.53%
- 5Y*
- 2.68%
- 10Y*
- 2.63%
NWHVX
- 1D
- 1.59%
- 1M
- 0.39%
- YTD
- -4.30%
- 6M
- -5.79%
- 1Y
- -8.74%
- 3Y*
- 4.98%
- 5Y*
- 0.35%
- 10Y*
- 9.06%
NWJVX vs. NWHVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWJVX Nationwide Loomis Short Term Bond Fund | 0.86% | 5.78% | 5.57% | 5.85% | -4.01% | -0.30% | 5.09% | 5.91% | 1.08% | 0.97% |
NWHVX Nationwide Geneva Mid Cap Growth Fund | -4.30% | -2.38% | 9.89% | 23.84% | -28.32% | 25.03% | 31.17% | 29.96% | -2.97% | 23.11% |
Correlation
The correlation between NWJVX and NWHVX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2013 | 0.05 |
Over the past year, NWJVX and NWHVX have become more correlated (0.25) than their long-term average of 0.05, meaning their price movements have been converging.
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Return for Risk
NWJVX vs. NWHVX — Risk / Return Rank
NWJVX
NWHVX
NWJVX vs. NWHVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Loomis Short Term Bond Fund (NWJVX) 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.
| NWJVX | NWHVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.73 | ||
| Sortino ratioReturn per unit of downside risk | +4.93 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 0.91 | +0.63 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | -0.53 | +3.87 |
| Martin ratioReturn relative to average drawdown | 13.65 | -1.14 | +14.79 |
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Drawdowns
NWJVX vs. NWHVX - Drawdown Comparison
The maximum NWJVX drawdown since its inception was -21.61%, smaller than the maximum NWHVX drawdown of -37.12%. Use the drawdown chart below to compare losses from any high point for NWJVX and NWHVX.
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Drawdown Indicators
| NWJVX | NWHVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.61% | -37.12% | +15.51% |
Max Drawdown (1Y)Largest decline over 1 year | -1.19% | -17.82% | +16.63% |
Max Drawdown (3Y)Largest decline over 3 years | -1.19% | -19.80% | +18.61% |
Max Drawdown (5Y)Largest decline over 5 years | -7.00% | -37.12% | +30.12% |
Max Drawdown (10Y)Largest decline over 10 years | -21.61% | -37.12% | +15.51% |
Current DrawdownCurrent decline from peak | -0.10% | -13.37% | +13.27% |
Average DrawdownAverage peak-to-trough decline | -4.66% | -7.85% | +3.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.29% | 8.36% | -8.07% |
Volatility
NWJVX vs. NWHVX - Volatility Comparison
The current volatility for Nationwide Loomis Short Term Bond Fund (NWJVX) is 0.59%, while Nationwide Geneva Mid Cap Growth Fund (NWHVX) has a volatility of 4.92%. This indicates that NWJVX experiences smaller price fluctuations and is considered to be less risky than NWHVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWJVX | NWHVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.59% | 4.92% | -4.33% |
Volatility (6M)Calculated over the trailing 6-month period | 1.38% | 11.87% | -10.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.90% | 14.88% | -12.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.21% | 19.94% | -17.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.29% | 19.67% | -8.38% |
NWJVX vs. NWHVX - Expense Ratio Comparison
NWJVX has a 0.49% expense ratio, which is lower than NWHVX's 1.07% expense ratio.
Dividends
NWJVX vs. NWHVX - Dividend Comparison
NWJVX's dividend yield for the trailing twelve months is around 4.19%, less than NWHVX's 8.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWHVX Nationwide Geneva Mid Cap Growth Fund | 8.32% | 7.96% | 11.93% | 16.14% | 36.45% | 34.64% | 6.16% | 18.85% | 38.53% | 11.37% | 8.97% | 13.54% |
NWJVX Nationwide Loomis Short Term Bond Fund | 4.19% | 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 NWHVX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NWHVX has higher volatility (4.92%) compared to NWJVX (0.59%). In terms of maximum drawdown, NWJVX dropped -21.61% vs NWHVX's -37.12%.
NWJVX currently has the higher Sharpe Ratio (2.09 vs -0.64), 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.
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