NWWVX vs. NWXHX
NWWVX (Nationwide Destination 2060 Fund) and NWXHX (Nationwide Amundi Strategic Income Fund) are both mutual funds - NWWVX is a Target Retirement Date fund managed by Nationwide, while NWXHX is a Multisector Bonds fund managed by Nationwide. Over the past 10 years, NWWVX returned 10.48%/yr vs 6.81%/yr for NWXHX. At a 0.09 correlation, their price movements are largely independent. NWWVX charges 0.38%/yr vs 0.61%/yr for NWXHX.
Performance
NWWVX vs. NWXHX - Performance Comparison
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Returns By Period
In the year-to-date period, NWWVX achieves a 11.57% return, which is significantly higher than NWXHX's 2.37% return. Over the past 10 years, NWWVX has outperformed NWXHX with an annualized return of 10.48%, while NWXHX has yielded a comparatively lower 6.81% annualized return.
NWWVX
- 1D
- 1.15%
- 1M
- 1.80%
- YTD
- 11.57%
- 6M
- 11.40%
- 1Y
- 26.90%
- 3Y*
- 17.48%
- 5Y*
- 9.52%
- 10Y*
- 10.48%
NWXHX
- 1D
- 0.10%
- 1M
- 0.47%
- YTD
- 2.37%
- 6M
- 2.57%
- 1Y
- 6.66%
- 3Y*
- 8.45%
- 5Y*
- 6.60%
- 10Y*
- 6.81%
NWWVX vs. NWXHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWWVX Nationwide Destination 2060 Fund | 11.57% | 19.40% | 13.20% | 20.31% | -18.83% | 17.25% | 13.62% | 21.03% | -9.07% | 17.51% |
NWXHX Nationwide Amundi Strategic Income Fund | 2.37% | 7.36% | 9.76% | 9.39% | 3.56% | 4.86% | 3.48% | 10.18% | -0.11% | 11.16% |
Correlation
The correlation between NWWVX and NWXHX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.09 |
The correlation between NWWVX and NWXHX shifts across timeframes, from 0.05 (5 years) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
NWWVX vs. NWXHX — Risk / Return Rank
NWWVX
NWXHX
NWWVX vs. NWXHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Destination 2060 Fund (NWWVX) and Nationwide Amundi Strategic Income Fund (NWXHX). 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.
| NWWVX | NWXHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.54 | ||
| Sortino ratioReturn per unit of downside risk | -7.33 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 2.78 | -1.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 16.47 | -13.51 |
| Martin ratioReturn relative to average drawdown | 12.98 | 58.15 | -45.17 |
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Drawdowns
NWWVX vs. NWXHX - Drawdown Comparison
The maximum NWWVX drawdown since its inception was -34.31%, which is greater than NWXHX's maximum drawdown of -22.96%. Use the drawdown chart below to compare losses from any high point for NWWVX and NWXHX.
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Drawdown Indicators
| NWWVX | NWXHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.31% | -22.96% | -11.35% |
Max Drawdown (1Y)Largest decline over 1 year | -8.95% | -0.41% | -8.54% |
Max Drawdown (3Y)Largest decline over 3 years | -15.05% | -1.99% | -13.06% |
Max Drawdown (5Y)Largest decline over 5 years | -30.71% | -5.52% | -25.19% |
Max Drawdown (10Y)Largest decline over 10 years | -34.31% | -22.96% | -11.35% |
Current DrawdownCurrent decline from peak | -0.35% | -0.12% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -6.26% | -1.04% | -5.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 0.11% | +1.93% |
Volatility
NWWVX vs. NWXHX - Volatility Comparison
Nationwide Destination 2060 Fund (NWWVX) has a higher volatility of 5.04% compared to Nationwide Amundi Strategic Income Fund (NWXHX) at 0.47%. This indicates that NWWVX's price experiences larger fluctuations and is considered to be riskier than NWXHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWWVX | NWXHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.04% | 0.47% | +4.57% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 0.89% | +9.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.53% | 1.19% | +11.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.93% | 3.70% | +12.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.68% | 4.42% | +12.26% |
NWWVX vs. NWXHX - Expense Ratio Comparison
NWWVX has a 0.38% expense ratio, which is lower than NWXHX's 0.61% expense ratio.
Dividends
NWWVX vs. NWXHX - Dividend Comparison
NWWVX's dividend yield for the trailing twelve months is around 7.92%, more than NWXHX's 5.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWWVX Nationwide Destination 2060 Fund | 7.92% | 9.08% | 12.90% | 4.32% | 2.24% | 8.22% | 6.69% | 3.93% | 7.98% | 3.85% | 3.27% | 2.26% |
NWXHX Nationwide Amundi Strategic Income Fund | 5.18% | 5.19% | 5.09% | 4.57% | 16.34% | 4.20% | 4.92% | 3.94% | 4.59% | 8.67% | 7.55% | 0.00% |
Frequently Asked Questions
NWWVX and NWXHX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NWWVX has higher volatility (5.04%) compared to NWXHX (0.47%). In terms of maximum drawdown, NWWVX dropped -34.31% vs NWXHX's -22.96%.
NWXHX currently has the higher Sharpe Ratio (5.65 vs 2.11), 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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