NWXHX vs. JSVIX

Last updated Jun 25, 2026

NWXHX (Nationwide Amundi Strategic Income Fund) and JSVIX (Easterly Income Opportunities Fund) are both Multisector Bonds funds. Over the past 5 years, NWXHX returned 6.60%/yr vs 3.26%/yr for JSVIX. At a 0.08 correlation, their price movements are largely independent. NWXHX charges 0.61%/yr vs 1.48%/yr for JSVIX.

Performance

NWXHX vs. JSVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nationwide Amundi Strategic Income Fund (NWXHX) and Easterly Income Opportunities Fund (JSVIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NWXHX achieves a 2.37% return, which is significantly higher than JSVIX's 0.48% return.

NWXHX

• 1D: 0.00%
• 1M: 0.47%
• YTD: 2.37%
• 6M: 2.57%
• 1Y: 6.77%
• 3Y*: 8.45%
• 5Y*: 6.60%
• 10Y*: 6.87%

JSVIX

• 1D: 0.10%
• 1M: 0.33%
• YTD: 0.48%
• 6M: 0.73%
• 1Y: 4.58%
• 3Y*: 6.41%
• 5Y*: 3.26%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NWXHX vs. JSVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NWXHX Nationwide Amundi Strategic Income Fund	2.37%	7.36%	9.76%	9.39%	3.56%	4.86%	3.48%	10.18%	-1.98%
JSVIX Easterly Income Opportunities Fund	0.48%	7.88%	8.22%	5.92%	-6.27%	4.79%	14.05%	7.32%	1.26%

Correlation

The correlation between NWXHX and JSVIX is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (All Time) Calculated using the full available price history since Sep 17, 2018	0.08

The correlation between NWXHX and JSVIX shifts across timeframes, from -0.06 (1 year) to 0.17 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

NWXHX vs. JSVIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NWXHX

NWXHX Risk / Return Rank: 99
NWXHX Sharpe Ratio Rank: 100
NWXHX Sortino Ratio Rank: 99
NWXHX Omega Ratio Rank: 99
NWXHX Calmar Ratio Rank: 99
NWXHX Martin Ratio Rank: 99

JSVIX

JSVIX Risk / Return Rank: 77
JSVIX Sharpe Ratio Rank: 90
JSVIX Sortino Ratio Rank: 93
JSVIX Omega Ratio Rank: 93
JSVIX Calmar Ratio Rank: 74
JSVIX Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NWXHX vs. JSVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nationwide Amundi Strategic Income Fund (NWXHX) and Easterly Income Opportunities Fund (JSVIX). 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.

	NWXHX	JSVIX	Difference
Sharpe ratio: Return per unit of total volatility	5.78	2.69	+3.09
Sortino ratio: Return per unit of downside risk	10.59	4.33	+6.26
Omega ratio: Gain probability vs. loss probability	2.85	1.65	+1.20
Calmar ratio: Return relative to maximum drawdown	16.73	3.09	+13.64
Martin ratio: Return relative to average drawdown	59.01	7.47	+51.54

NWXHX vs. JSVIX - Sharpe Ratio Comparison

The current NWXHX Sharpe Ratio is 5.78, which is higher than the JSVIX Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of NWXHX and JSVIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NWXHX vs. JSVIX - Drawdown Comparison

The maximum NWXHX drawdown since its inception was -22.96%, which is greater than JSVIX's maximum drawdown of -8.75%. Use the drawdown chart below to compare losses from any high point for NWXHX and JSVIX.

Drawdown Indicators

	NWXHX	JSVIX	Difference
Max Drawdown Largest peak-to-trough decline	-22.96%	-8.75%	-14.21%
Max Drawdown (1Y) Largest decline over 1 year	-0.41%	-1.49%	+1.08%
Max Drawdown (3Y) Largest decline over 3 years	-1.99%	-1.49%	-0.50%
Max Drawdown (5Y) Largest decline over 5 years	-5.52%	-8.75%	+3.23%
Max Drawdown (10Y) Largest decline over 10 years	-22.96%	—	—
Current Drawdown Current decline from peak	-0.12%	-1.06%	+0.94%
Average Drawdown Average peak-to-trough decline	-1.04%	-1.70%	+0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.11%	0.61%	-0.50%

Volatility

NWXHX vs. JSVIX - Volatility Comparison

The current volatility for Nationwide Amundi Strategic Income Fund (NWXHX) is 0.45%, while Easterly Income Opportunities Fund (JSVIX) has a volatility of 0.52%. This indicates that NWXHX experiences smaller price fluctuations and is considered to be less risky than JSVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NWXHX	JSVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.45%	0.52%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	0.89%	1.22%	-0.33%
Volatility (1Y) Calculated over the trailing 1-year period	1.18%	1.72%	-0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.70%	2.49%	+1.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.41%	2.56%	+1.85%

NWXHX vs. JSVIX - Expense Ratio Comparison

NWXHX has a 0.61% expense ratio, which is lower than JSVIX's 1.48% expense ratio.

Dividends

NWXHX vs. JSVIX - Dividend Comparison

NWXHX's dividend yield for the trailing twelve months is around 5.18%, more than JSVIX's 5.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
JSVIX Easterly Income Opportunities Fund	5.02%	4.83%	5.88%	5.33%	5.57%	5.34%	6.69%	6.29%	0.96%	0.00%	0.00%
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%

Frequently Asked Questions

Can I hold both NWXHX and JSVIX in my portfolio?

NWXHX and JSVIX have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NWXHX or JSVIX?

JSVIX has higher volatility (0.52%) compared to NWXHX (0.45%). In terms of maximum drawdown, NWXHX dropped -22.96% vs JSVIX's -8.75%.

Which has better risk-adjusted returns?

NWXHX currently has the higher Sharpe Ratio (5.78 vs 2.69), 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.