NWOSX vs. JLKYX
NWOSX (Nationwide Destination 2050 Fund) and JLKYX (John Hancock Funds Multi-Index 2055 Lifetime Portfolio) are both Target Retirement Date funds. Over the past 10 years, NWOSX returned 9.78%/yr vs 11.06%/yr for JLKYX. Their 0.98 correlation means they have historically moved very closely together. NWOSX charges 0.38%/yr vs 0.01%/yr for JLKYX.
Performance
NWOSX vs. JLKYX - Performance Comparison
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Returns By Period
In the year-to-date period, NWOSX achieves a 10.47% return, which is significantly lower than JLKYX's 11.16% return. Over the past 10 years, NWOSX has underperformed JLKYX with an annualized return of 9.78%, while JLKYX has yielded a comparatively higher 11.06% annualized return.
NWOSX
- 1D
- 2.11%
- 1M
- 0.30%
- 6M
- 7.78%
- YTD
- 10.47%
- 1Y
- 21.47%
- 3Y*
- 15.60%
- 5Y*
- 8.48%
- 10Y*
- 9.78%
- ALL TIME*
- 7.05%
JLKYX
- 1D
- 1.90%
- 1M
- -0.32%
- 6M
- 7.83%
- YTD
- 11.16%
- 1Y
- 22.87%
- 3Y*
- 16.64%
- 5Y*
- 9.40%
- 10Y*
- 11.06%
- ALL TIME*
- 9.90%
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 |
NWOSX vs. JLKYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWOSX Nationwide Destination 2050 Fund | 10.47% | 19.12% | 12.86% | 19.96% | -18.85% | 16.69% | 13.70% | 20.56% | -8.99% | 17.09% |
JLKYX John Hancock Funds Multi-Index 2055 Lifetime Portfolio | 11.16% | 20.04% | 15.41% | 18.53% | -18.04% | 18.38% | 16.13% | 25.07% | -8.32% | 17.29% |
Correlation
The correlation between NWOSX and JLKYX is 0.99 - 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. | 0.99 |
Correlation (3Y) Balances recent behavior with more history. | 0.98 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.98 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.98 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2014 | 0.98 |
The correlation between NWOSX and JLKYX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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Return for Risk
NWOSX vs. JLKYX — Risk / Return Rank
NWOSX
JLKYX
NWOSX vs. JLKYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination 2050 Fund (NWOSX) and John Hancock Funds Multi-Index 2055 Lifetime Portfolio (JLKYX). 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.
| NWOSX | JLKYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 2.28 | -0.03 |
| Martin ratioReturn relative to average drawdown | 9.68 | 9.63 | +0.06 |
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Drawdowns
NWOSX vs. JLKYX - Drawdown Comparison
The maximum NWOSX drawdown since its inception was -55.99%, which is greater than JLKYX's maximum drawdown of -32.55%. Use the drawdown chart below to compare losses from any high point for NWOSX and JLKYX.
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Drawdown Indicators
| NWOSX | JLKYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.99% | -32.55% | -23.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.71% | -9.16% | +0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -14.64% | -16.11% | +1.47% |
Max Drawdown (5Y)Largest decline over 5 years | -30.98% | -25.75% | -5.23% |
Max Drawdown (10Y)Largest decline over 10 years | -34.78% | -32.55% | -2.23% |
Current DrawdownCurrent decline from peak | -0.88% | -1.58% | +0.70% |
Average DrawdownAverage peak-to-trough decline | -9.58% | -4.62% | -4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 2.17% | -0.15% |
Volatility
NWOSX vs. JLKYX - Volatility Comparison
Nationwide Destination 2050 Fund (NWOSX) and John Hancock Funds Multi-Index 2055 Lifetime Portfolio (JLKYX) have volatilities of 3.72% and 3.72%, 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.
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Volatility by Period
| NWOSX | JLKYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.72% | 3.72% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 10.51% | 10.98% | -0.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.56% | 13.22% | -0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.63% | 15.38% | +0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.24% | 16.20% | +0.04% |
NWOSX vs. JLKYX - Expense Ratio Comparison
NWOSX has a 0.38% expense ratio, which is higher than JLKYX's 0.01% expense ratio.
Dividends
NWOSX vs. JLKYX - Dividend Comparison
NWOSX's dividend yield for the trailing twelve months is around 8.32%, more than JLKYX's 3.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLKYX John Hancock Funds Multi-Index 2055 Lifetime Portfolio | 3.24% | 3.61% | 1.77% | 2.16% | 8.08% | 5.71% | 3.88% | 8.54% | 10.69% | 4.33% | 3.23% | 1.75% |
NWOSX Nationwide Destination 2050 Fund | 8.32% | 9.15% | 14.74% | 5.41% | 2.70% | 8.89% | 6.64% | 7.16% | 10.70% | 4.85% | 7.38% | 5.15% |
Frequently Asked Questions
With a correlation of 0.99, NWOSX and JLKYX 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.
JLKYX has higher volatility (3.72%) compared to NWOSX (3.72%). In terms of maximum drawdown, NWOSX dropped -55.99% vs JLKYX's -32.55%.
JLKYX currently has the higher Sharpe Ratio (1.58 vs 1.56), 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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