NWLSX vs. FRAMX
Compare and contrast key facts about Nationwide Destination 2035 Fund (NWLSX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
NWLSX is managed by Nationwide. It was launched on Aug 28, 2007. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
NWLSX vs. FRAMX - Performance Comparison
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NWLSX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWLSX Nationwide Destination 2035 Fund | -3.62% | 16.16% | 10.17% | 17.00% | -17.70% | 13.33% | 12.81% | 18.63% | -8.01% | 15.06% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | -0.57% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 6.82% |
Returns By Period
In the year-to-date period, NWLSX achieves a -3.62% return, which is significantly lower than FRAMX's -0.57% return. Over the past 10 years, NWLSX has outperformed FRAMX with an annualized return of 7.47%, while FRAMX has yielded a comparatively lower 3.65% annualized return.
NWLSX
- 1D
- 0.00%
- 1M
- -6.59%
- YTD
- -3.62%
- 6M
- -1.06%
- 1Y
- 11.95%
- 3Y*
- 10.96%
- 5Y*
- 5.36%
- 10Y*
- 7.47%
FRAMX
- 1D
- 0.26%
- 1M
- -3.20%
- YTD
- -0.57%
- 6M
- 0.62%
- 1Y
- 6.78%
- 3Y*
- 5.66%
- 5Y*
- 2.13%
- 10Y*
- 3.65%
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NWLSX vs. FRAMX - Expense Ratio Comparison
NWLSX has a 0.38% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
NWLSX vs. FRAMX — Risk / Return Rank
NWLSX
FRAMX
NWLSX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination 2035 Fund (NWLSX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX). 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.
| NWLSX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 1.50 | -0.38 |
Sortino ratioReturn per unit of downside risk | 1.61 | 2.09 | -0.47 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 2.00 | -0.59 |
Martin ratioReturn relative to average drawdown | 6.29 | 8.06 | -1.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NWLSX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 1.50 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.41 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.82 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.49 | -0.15 |
Correlation
The correlation between NWLSX and FRAMX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
NWLSX vs. FRAMX - Dividend Comparison
NWLSX's dividend yield for the trailing twelve months is around 8.78%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWLSX Nationwide Destination 2035 Fund | 8.78% | 8.36% | 14.07% | 7.04% | 2.15% | 9.62% | 5.85% | 6.95% | 11.27% | 7.78% | 6.64% | 5.43% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.91% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
NWLSX vs. FRAMX - Drawdown Comparison
The maximum NWLSX drawdown since its inception was -52.58%, which is greater than FRAMX's maximum drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for NWLSX and FRAMX.
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Drawdown Indicators
| NWLSX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.58% | -33.94% | -18.64% |
Max Drawdown (1Y)Largest decline over 1 year | -7.91% | -3.45% | -4.46% |
Max Drawdown (5Y)Largest decline over 5 years | -29.54% | -16.31% | -13.23% |
Max Drawdown (10Y)Largest decline over 10 years | -30.59% | -16.31% | -14.28% |
Current DrawdownCurrent decline from peak | -6.88% | -3.20% | -3.68% |
Average DrawdownAverage peak-to-trough decline | -8.65% | -3.87% | -4.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.78% | 0.86% | +0.92% |
Volatility
NWLSX vs. FRAMX - Volatility Comparison
Nationwide Destination 2035 Fund (NWLSX) has a higher volatility of 3.73% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that NWLSX's price experiences larger fluctuations and is considered to be riskier than FRAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWLSX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.73% | 1.96% | +1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 6.40% | 2.86% | +3.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.88% | 4.59% | +6.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.90% | 5.21% | +7.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.69% | 4.47% | +9.22% |