NWLSX vs. FRKMX
Compare and contrast key facts about Nationwide Destination 2035 Fund (NWLSX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
NWLSX is managed by Nationwide. It was launched on Aug 28, 2007. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
NWLSX vs. FRKMX - Performance Comparison
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NWLSX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NWLSX Nationwide Destination 2035 Fund | -3.62% | 16.16% | 10.17% | 17.00% | -17.70% | 13.33% | 12.81% | 4.10% |
FRKMX Fidelity Managed Retirement Income Fund Class K | -0.48% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
Returns By Period
In the year-to-date period, NWLSX achieves a -3.62% return, which is significantly lower than FRKMX's -0.48% 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%
FRKMX
- 1D
- 0.26%
- 1M
- -3.17%
- YTD
- -0.48%
- 6M
- 0.79%
- 1Y
- 7.15%
- 3Y*
- 6.03%
- 5Y*
- 2.48%
- 10Y*
- —
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NWLSX vs. FRKMX - Expense Ratio Comparison
NWLSX has a 0.38% expense ratio, which is higher than FRKMX's 0.35% expense ratio.
Return for Risk
NWLSX vs. FRKMX — Risk / Return Rank
NWLSX
FRKMX
NWLSX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination 2035 Fund (NWLSX) and Fidelity Managed Retirement Income Fund Class K (FRKMX). 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 | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 1.59 | -0.47 |
Sortino ratioReturn per unit of downside risk | 1.61 | 2.20 | -0.59 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.32 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 2.13 | -0.71 |
Martin ratioReturn relative to average drawdown | 6.29 | 8.58 | -2.29 |
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 | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 1.59 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.48 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.69 | -0.34 |
Correlation
The correlation between NWLSX and FRKMX is 0.75, 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. FRKMX - Dividend Comparison
NWLSX's dividend yield for the trailing twelve months is around 8.78%, more than FRKMX's 3.27% 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% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.27% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NWLSX vs. FRKMX - Drawdown Comparison
The maximum NWLSX drawdown since its inception was -52.58%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for NWLSX and FRKMX.
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Drawdown Indicators
| NWLSX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.58% | -16.04% | -36.54% |
Max Drawdown (1Y)Largest decline over 1 year | -7.91% | -3.42% | -4.49% |
Max Drawdown (5Y)Largest decline over 5 years | -29.54% | -16.04% | -13.50% |
Max Drawdown (10Y)Largest decline over 10 years | -30.59% | — | — |
Current DrawdownCurrent decline from peak | -6.88% | -3.17% | -3.71% |
Average DrawdownAverage peak-to-trough decline | -8.65% | -3.64% | -5.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.78% | 0.85% | +0.93% |
Volatility
NWLSX vs. FRKMX - Volatility Comparison
Nationwide Destination 2035 Fund (NWLSX) has a higher volatility of 3.73% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 1.96%. This indicates that NWLSX's price experiences larger fluctuations and is considered to be riskier than FRKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWLSX | FRKMX | 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% | 4.58% | +6.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.90% | 5.22% | +7.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.69% | 5.13% | +8.56% |