NWXHX vs. PYFRX
Compare and contrast key facts about Nationwide Amundi Strategic Income Fund (NWXHX) and Payden Floating Rate Fund (PYFRX).
NWXHX is managed by Nationwide. It was launched on Nov 1, 2015. PYFRX is managed by Paydenfunds. It was launched on Nov 10, 2013.
Performance
NWXHX vs. PYFRX - Performance Comparison
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NWXHX vs. PYFRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWXHX Nationwide Amundi Strategic Income Fund | 0.76% | 7.36% | 9.76% | 9.39% | 3.56% | 4.86% | 3.48% | 10.18% | -0.11% | 11.16% |
PYFRX Payden Floating Rate Fund | -0.20% | 6.61% | 8.90% | 12.86% | 0.27% | 3.93% | 1.72% | 8.49% | 0.31% | 2.82% |
Returns By Period
In the year-to-date period, NWXHX achieves a 0.76% return, which is significantly higher than PYFRX's -0.20% return. Over the past 10 years, NWXHX has outperformed PYFRX with an annualized return of 6.99%, while PYFRX has yielded a comparatively lower 5.03% annualized return.
NWXHX
- 1D
- 0.00%
- 1M
- -0.21%
- YTD
- 0.76%
- 6M
- 2.00%
- 1Y
- 6.79%
- 3Y*
- 8.51%
- 5Y*
- 6.51%
- 10Y*
- 6.99%
PYFRX
- 1D
- 0.11%
- 1M
- 0.46%
- YTD
- -0.20%
- 6M
- 1.50%
- 1Y
- 5.81%
- 3Y*
- 8.18%
- 5Y*
- 6.13%
- 10Y*
- 5.03%
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NWXHX vs. PYFRX - Expense Ratio Comparison
NWXHX has a 0.61% expense ratio, which is lower than PYFRX's 0.70% expense ratio.
Return for Risk
NWXHX vs. PYFRX — Risk / Return Rank
NWXHX
PYFRX
NWXHX vs. PYFRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Amundi Strategic Income Fund (NWXHX) and Payden Floating Rate Fund (PYFRX). 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.
| NWXHX | PYFRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 4.08 | 2.81 | +1.27 |
Sortino ratioReturn per unit of downside risk | 5.70 | 3.65 | +2.05 |
Omega ratioGain probability vs. loss probability | 2.29 | 1.93 | +0.36 |
Calmar ratioReturn relative to maximum drawdown | 4.69 | 2.45 | +2.24 |
Martin ratioReturn relative to average drawdown | 27.35 | 11.59 | +15.75 |
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
| NWXHX | PYFRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.08 | 2.81 | +1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.77 | 3.18 | -1.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.58 | 1.39 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.58 | 1.36 | +0.22 |
Correlation
The correlation between NWXHX and PYFRX is 0.31, 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
NWXHX vs. PYFRX - Dividend Comparison
NWXHX's dividend yield for the trailing twelve months is around 5.09%, less than PYFRX's 7.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWXHX Nationwide Amundi Strategic Income Fund | 5.09% | 5.19% | 5.09% | 4.57% | 16.34% | 4.20% | 4.92% | 3.94% | 4.59% | 8.67% | 7.55% | 0.00% |
PYFRX Payden Floating Rate Fund | 7.22% | 7.55% | 8.88% | 8.35% | 5.08% | 2.94% | 3.19% | 4.45% | 4.22% | 3.30% | 3.53% | 3.17% |
Drawdowns
NWXHX vs. PYFRX - Drawdown Comparison
The maximum NWXHX drawdown since its inception was -22.96%, which is greater than PYFRX's maximum drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for NWXHX and PYFRX.
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Drawdown Indicators
| NWXHX | PYFRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.96% | -20.18% | -2.78% |
Max Drawdown (1Y)Largest decline over 1 year | -1.30% | -2.18% | +0.88% |
Max Drawdown (5Y)Largest decline over 5 years | -5.52% | -4.80% | -0.72% |
Max Drawdown (10Y)Largest decline over 10 years | -22.96% | -20.18% | -2.78% |
Current DrawdownCurrent decline from peak | -0.41% | -0.51% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -1.06% | -0.60% | -0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.24% | 0.48% | -0.24% |
Volatility
NWXHX vs. PYFRX - Volatility Comparison
The current volatility for Nationwide Amundi Strategic Income Fund (NWXHX) is 0.40%, while Payden Floating Rate Fund (PYFRX) has a volatility of 0.64%. This indicates that NWXHX experiences smaller price fluctuations and is considered to be less risky than PYFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWXHX | PYFRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.40% | 0.64% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 0.76% | 0.97% | -0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.62% | 2.04% | -0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.70% | 1.94% | +1.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.43% | 3.62% | +0.81% |