NWXEX vs. ADVNX
Compare and contrast key facts about Nationwide Strategic Income A (NWXEX) and North Square Strategic Income Fund (ADVNX).
NWXEX is an actively managed fund by Nationwide. It was launched on Nov 2, 2015. ADVNX is managed by North Square. It was launched on Dec 30, 2012.
Performance
NWXEX vs. ADVNX - Performance Comparison
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NWXEX vs. ADVNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWXEX Nationwide Strategic Income A | 0.69% | 6.97% | 9.36% | 9.00% | 3.50% | 4.64% | 3.24% | 9.84% | -0.39% | 10.86% |
ADVNX North Square Strategic Income Fund | 0.72% | 11.20% | 9.71% | 5.07% | -8.43% | 5.32% | 11.67% | 11.04% | -1.98% | 6.07% |
Returns By Period
The year-to-date returns for both investments are quite close, with NWXEX having a 0.69% return and ADVNX slightly higher at 0.72%. Over the past 10 years, NWXEX has outperformed ADVNX with an annualized return of 6.69%, while ADVNX has yielded a comparatively lower 5.02% annualized return.
NWXEX
- 1D
- 0.00%
- 1M
- -0.33%
- YTD
- 0.69%
- 6M
- 1.75%
- 1Y
- 6.39%
- 3Y*
- 8.15%
- 5Y*
- 6.22%
- 10Y*
- 6.69%
ADVNX
- 1D
- 0.30%
- 1M
- -1.62%
- YTD
- 0.72%
- 6M
- 1.94%
- 1Y
- 8.45%
- 3Y*
- 9.04%
- 5Y*
- 4.39%
- 10Y*
- 5.02%
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NWXEX vs. ADVNX - Expense Ratio Comparison
NWXEX has a 0.99% expense ratio, which is higher than ADVNX's 0.90% expense ratio.
Return for Risk
NWXEX vs. ADVNX — Risk / Return Rank
NWXEX
ADVNX
NWXEX vs. ADVNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Strategic Income A (NWXEX) and North Square Strategic Income Fund (ADVNX). 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.
| NWXEX | ADVNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.97 | 2.06 | +1.91 |
Sortino ratioReturn per unit of downside risk | 5.59 | 2.98 | +2.61 |
Omega ratioGain probability vs. loss probability | 2.17 | 1.40 | +0.77 |
Calmar ratioReturn relative to maximum drawdown | 4.74 | 3.37 | +1.37 |
Martin ratioReturn relative to average drawdown | 27.08 | 11.88 | +15.20 |
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
| NWXEX | ADVNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.97 | 2.06 | +1.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.71 | 1.05 | +0.66 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.52 | 1.35 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.46 | 1.28 | +0.19 |
Correlation
The correlation between NWXEX and ADVNX is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
NWXEX vs. ADVNX - Dividend Comparison
NWXEX's dividend yield for the trailing twelve months is around 4.82%, which matches ADVNX's 4.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWXEX Nationwide Strategic Income A | 4.82% | 4.93% | 4.73% | 4.33% | 16.14% | 3.99% | 4.70% | 3.63% | 4.30% | 8.40% | 7.21% | 0.43% |
ADVNX North Square Strategic Income Fund | 4.82% | 4.73% | 4.02% | 4.38% | 2.80% | 5.23% | 6.80% | 3.33% | 3.92% | 4.09% | 4.19% | 6.30% |
Drawdowns
NWXEX vs. ADVNX - Drawdown Comparison
The maximum NWXEX drawdown since its inception was -22.97%, which is greater than ADVNX's maximum drawdown of -11.86%. Use the drawdown chart below to compare losses from any high point for NWXEX and ADVNX.
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Drawdown Indicators
| NWXEX | ADVNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.97% | -11.86% | -11.11% |
Max Drawdown (1Y)Largest decline over 1 year | -1.20% | -2.57% | +1.37% |
Max Drawdown (5Y)Largest decline over 5 years | -5.60% | -11.86% | +6.26% |
Max Drawdown (10Y)Largest decline over 10 years | -22.97% | -11.86% | -11.11% |
Current DrawdownCurrent decline from peak | -0.43% | -2.01% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -1.12% | -1.92% | +0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.23% | 0.73% | -0.50% |
Volatility
NWXEX vs. ADVNX - Volatility Comparison
The current volatility for Nationwide Strategic Income A (NWXEX) is 0.51%, while North Square Strategic Income Fund (ADVNX) has a volatility of 1.14%. This indicates that NWXEX experiences smaller price fluctuations and is considered to be less risky than ADVNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWXEX | ADVNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.51% | 1.14% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 0.88% | 2.53% | -1.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.59% | 4.23% | -2.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.66% | 4.22% | -0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.42% | 3.74% | +0.68% |