NWLSX vs. GRISX
Compare and contrast key facts about Nationwide Destination 2035 Fund (NWLSX) and Nationwide S&P 500 Index Fund (GRISX).
NWLSX is managed by Nationwide. It was launched on Aug 28, 2007. GRISX is a passively managed fund by Nationwide that tracks the performance of the S&P 500 Index. It was launched on Nov 2, 1998.
Performance
NWLSX vs. GRISX - Performance Comparison
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NWLSX vs. GRISX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWLSX Nationwide Destination 2035 Fund | -1.60% | 16.16% | 10.17% | 17.00% | -17.70% | 13.33% | 12.81% | 18.63% | -8.01% | 15.06% |
GRISX Nationwide S&P 500 Index Fund | -4.41% | 17.41% | 24.13% | 25.55% | -18.49% | 28.32% | 17.92% | 30.94% | -3.84% | 21.35% |
Returns By Period
In the year-to-date period, NWLSX achieves a -1.60% return, which is significantly higher than GRISX's -4.41% return. Over the past 10 years, NWLSX has underperformed GRISX with an annualized return of 7.70%, while GRISX has yielded a comparatively higher 13.69% annualized return.
NWLSX
- 1D
- 2.09%
- 1M
- -4.14%
- YTD
- -1.60%
- 6M
- 0.60%
- 1Y
- 13.91%
- 3Y*
- 11.73%
- 5Y*
- 5.59%
- 10Y*
- 7.70%
GRISX
- 1D
- 2.95%
- 1M
- -5.03%
- YTD
- -4.41%
- 6M
- -2.28%
- 1Y
- 16.97%
- 3Y*
- 17.65%
- 5Y*
- 11.26%
- 10Y*
- 13.69%
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NWLSX vs. GRISX - Expense Ratio Comparison
NWLSX has a 0.38% expense ratio, which is lower than GRISX's 0.44% expense ratio.
Return for Risk
NWLSX vs. GRISX — Risk / Return Rank
NWLSX
GRISX
NWLSX vs. GRISX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination 2035 Fund (NWLSX) and Nationwide S&P 500 Index Fund (GRISX). 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 | GRISX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 0.96 | +0.34 |
Sortino ratioReturn per unit of downside risk | 1.88 | 1.47 | +0.41 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.22 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.49 | +0.33 |
Martin ratioReturn relative to average drawdown | 7.99 | 7.12 | +0.87 |
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 | GRISX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.96 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.67 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.76 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.40 | -0.05 |
Correlation
The correlation between NWLSX and GRISX is 0.95, 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. GRISX - Dividend Comparison
NWLSX's dividend yield for the trailing twelve months is around 8.60%, more than GRISX's 5.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWLSX Nationwide Destination 2035 Fund | 8.60% | 8.36% | 14.07% | 7.04% | 2.15% | 9.62% | 5.85% | 6.95% | 11.27% | 7.78% | 6.64% | 5.43% |
GRISX Nationwide S&P 500 Index Fund | 5.35% | 5.08% | 2.62% | 0.79% | 1.67% | 4.96% | 1.27% | 6.26% | 18.54% | 6.66% | 7.42% | 11.98% |
Drawdowns
NWLSX vs. GRISX - Drawdown Comparison
The maximum NWLSX drawdown since its inception was -52.58%, smaller than the maximum GRISX drawdown of -55.53%. Use the drawdown chart below to compare losses from any high point for NWLSX and GRISX.
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Drawdown Indicators
| NWLSX | GRISX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.58% | -55.53% | +2.95% |
Max Drawdown (1Y)Largest decline over 1 year | -7.91% | -12.11% | +4.20% |
Max Drawdown (5Y)Largest decline over 5 years | -29.54% | -24.75% | -4.79% |
Max Drawdown (10Y)Largest decline over 10 years | -30.59% | -33.85% | +3.26% |
Current DrawdownCurrent decline from peak | -4.93% | -6.27% | +1.34% |
Average DrawdownAverage peak-to-trough decline | -8.65% | -10.92% | +2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 2.53% | -0.72% |
Volatility
NWLSX vs. GRISX - Volatility Comparison
The current volatility for Nationwide Destination 2035 Fund (NWLSX) is 4.43%, while Nationwide S&P 500 Index Fund (GRISX) has a volatility of 5.34%. This indicates that NWLSX experiences smaller price fluctuations and is considered to be less risky than GRISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWLSX | GRISX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 5.34% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 6.73% | 9.54% | -2.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.05% | 18.31% | -7.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.93% | 16.95% | -4.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.71% | 18.06% | -4.35% |