NWMSX vs. LTFIX
NWMSX (Nationwide Destination 2040 Fund) and LTFIX (Principal LifeTime 2055 Fund) are both Target Retirement Date funds. Over the past 10 years, NWMSX returned 8.62%/yr vs 11.49%/yr for LTFIX. Their 0.98 correlation means they have historically moved very closely together. NWMSX charges 0.38%/yr vs 0.01%/yr for LTFIX.
Performance
NWMSX vs. LTFIX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with NWMSX having a 11.44% return and LTFIX slightly higher at 11.61%. Over the past 10 years, NWMSX has underperformed LTFIX with an annualized return of 8.62%, while LTFIX has yielded a comparatively higher 11.49% annualized return.
NWMSX
- 1D
- 1.33%
- 1M
- 1.52%
- 6M
- 9.06%
- YTD
- 11.44%
- 1Y
- 20.14%
- 3Y*
- 15.82%
- 5Y*
- 7.76%
- 10Y*
- 8.62%
- ALL TIME*
- 6.48%
LTFIX
- 1D
- 1.35%
- 1M
- 1.88%
- 6M
- 9.06%
- YTD
- 11.61%
- 1Y
- 19.77%
- 3Y*
- 17.99%
- 5Y*
- 9.13%
- 10Y*
- 11.49%
- ALL TIME*
- 8.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
NWMSX vs. LTFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWMSX Nationwide Destination 2040 Fund | 11.44% | 17.51% | 11.63% | 18.59% | -18.29% | 15.03% | 13.50% | 19.70% | -8.44% | 10.47% |
LTFIX Principal LifeTime 2055 Fund | 11.61% | 17.80% | 17.28% | 20.33% | -18.84% | 17.73% | 16.47% | 27.27% | -9.03% | 22.52% |
Correlation
The correlation between NWMSX and LTFIX is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.97 |
Correlation (3Y) Balances recent behavior with more history. | 0.97 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.98 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.97 |
Correlation (All Time) Calculated using the full available price history since Feb 29, 2008 | 0.98 |
The correlation between NWMSX and LTFIX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
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
NWMSX vs. LTFIX — Risk / Return Rank
NWMSX
LTFIX
NWMSX vs. LTFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination 2040 Fund (NWMSX) and Principal LifeTime 2055 Fund (LTFIX). 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.
| NWMSX | LTFIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.28 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 2.25 | +0.31 |
| Martin ratioReturn relative to average drawdown | 11.01 | 9.65 | +1.36 |
Loading charts...
Drawdowns
NWMSX vs. LTFIX - Drawdown Comparison
The maximum NWMSX drawdown since its inception was -55.33%, roughly equal to the maximum LTFIX drawdown of -52.73%. Use the drawdown chart below to compare losses from any high point for NWMSX and LTFIX.
Loading charts...
Drawdown Indicators
| NWMSX | LTFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.33% | -52.73% | -2.60% |
Max Drawdown (1Y)Largest decline over 1 year | -7.82% | -8.71% | +0.89% |
Max Drawdown (3Y)Largest decline over 3 years | -12.62% | -15.70% | +3.08% |
Max Drawdown (5Y)Largest decline over 5 years | -30.39% | -26.80% | -3.59% |
Max Drawdown (10Y)Largest decline over 10 years | -32.80% | -33.50% | +0.70% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -9.24% | -7.58% | -1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 2.03% | -0.22% |
Volatility
NWMSX vs. LTFIX - Volatility Comparison
Nationwide Destination 2040 Fund (NWMSX) and Principal LifeTime 2055 Fund (LTFIX) have volatilities of 3.51% and 3.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NWMSX | LTFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.51% | 3.60% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 9.31% | 10.71% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.06% | 12.89% | -1.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.37% | 15.61% | -1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.12% | 15.81% | -0.69% |
NWMSX vs. LTFIX - Expense Ratio Comparison
NWMSX has a 0.38% expense ratio, which is higher than LTFIX's 0.01% expense ratio.
Dividends
NWMSX vs. LTFIX - Dividend Comparison
NWMSX's dividend yield for the trailing twelve months is around 7.78%, which matches LTFIX's 7.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTFIX Principal LifeTime 2055 Fund | 7.82% | 8.73% | 8.47% | 4.17% | 8.60% | 5.83% | 3.91% | 6.03% | 6.60% | 3.51% | 3.99% | 4.51% |
NWMSX Nationwide Destination 2040 Fund | 7.78% | 8.66% | 14.65% | 6.81% | 2.49% | 9.45% | 6.28% | 7.29% | 11.84% | 1.98% | 8.03% | 5.32% |
Frequently Asked Questions
With a correlation of 0.97, NWMSX and LTFIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
LTFIX has higher volatility (3.60%) compared to NWMSX (3.51%). In terms of maximum drawdown, NWMSX dropped -55.33% vs LTFIX's -52.73%.
NWMSX currently has the higher Sharpe Ratio (1.82 vs 1.53), 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 NWMSX and LTFIX
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