NWZNX vs. NWXEX
NWZNX (Nationwide Loomis All Cap Growth Fund) and NWXEX (Nationwide Strategic Income A) are both mutual funds - NWZNX is a Large Cap Growth Equities fund managed by Nationwide, while NWXEX is a Multisector Bonds fund actively managed by Nationwide. Over the past 5 years, NWZNX returned 8.48%/yr vs 6.37%/yr for NWXEX. Their 0.01 correlation means their historical movements had little consistent relationship. NWZNX charges 1.07%/yr vs 0.99%/yr for NWXEX.
Performance
NWZNX vs. NWXEX - Performance Comparison
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Returns By Period
In the year-to-date period, NWZNX achieves a -6.11% return, which is significantly lower than NWXEX's 2.50% return.
NWZNX
- 1D
- 0.32%
- 1M
- -3.65%
- 6M
- -4.19%
- YTD
- -6.11%
- 1Y
- -1.78%
- 3Y*
- 13.94%
- 5Y*
- 8.48%
- 10Y*
- —
- ALL TIME*
- 13.68%
NWXEX
- 1D
- 0.20%
- 1M
- -0.03%
- 6M
- 1.72%
- YTD
- 2.50%
- 1Y
- 5.28%
- 3Y*
- 7.60%
- 5Y*
- 6.37%
- 10Y*
- 6.27%
- ALL TIME*
- 6.46%
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 |
NWZNX vs. NWXEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWZNX Nationwide Loomis All Cap Growth Fund | -6.11% | 13.28% | 32.96% | 44.70% | -27.67% | 16.89% | 30.82% | 30.51% | -2.95% | 12.69% |
NWXEX Nationwide Strategic Income A | 2.50% | 6.97% | 9.36% | 9.00% | 3.50% | 4.64% | 3.24% | 9.84% | -0.39% | 5.33% |
Correlation
The correlation between NWZNX and NWXEX is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.07 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2017 | 0.01 |
Over the past year, NWZNX and NWXEX have become more correlated (0.21) than their long-term average of 0.01, meaning their price movements have been converging.
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Return for Risk
NWZNX vs. NWXEX — Risk / Return Rank
NWZNX
NWXEX
NWZNX vs. NWXEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Loomis All Cap Growth Fund (NWZNX) and Nationwide Strategic Income A (NWXEX). 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.
| NWZNX | NWXEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.57 | ||
| Sortino ratioReturn per unit of downside risk | -7.60 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 2.27 | -1.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 12.54 | -12.73 |
| Martin ratioReturn relative to average drawdown | -0.45 | 47.70 | -48.15 |
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Drawdowns
NWZNX vs. NWXEX - Drawdown Comparison
The maximum NWZNX drawdown since its inception was -36.41%, which is greater than NWXEX's maximum drawdown of -22.97%. Use the drawdown chart below to compare losses from any high point for NWZNX and NWXEX.
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Drawdown Indicators
| NWZNX | NWXEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.41% | -22.97% | -13.44% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -0.43% | -19.42% |
Max Drawdown (3Y)Largest decline over 3 years | -24.01% | -1.89% | -22.12% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -5.60% | -30.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.97% | — |
Current DrawdownCurrent decline from peak | -11.91% | -0.03% | -11.88% |
Average DrawdownAverage peak-to-trough decline | -7.27% | -1.08% | -6.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.34% | 0.11% | +8.23% |
Volatility
NWZNX vs. NWXEX - Volatility Comparison
Nationwide Loomis All Cap Growth Fund (NWZNX) has a higher volatility of 5.08% compared to Nationwide Strategic Income A (NWXEX) at 0.38%. This indicates that NWZNX's price experiences larger fluctuations and is considered to be riskier than NWXEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWZNX | NWXEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 0.38% | +4.70% |
Volatility (6M)Calculated over the trailing 6-month period | 13.75% | 0.97% | +12.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.51% | 1.24% | +16.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.73% | 3.65% | +19.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.78% | 4.39% | +17.39% |
NWZNX vs. NWXEX - Expense Ratio Comparison
NWZNX has a 1.07% expense ratio, which is higher than NWXEX's 0.99% expense ratio.
Dividends
NWZNX vs. NWXEX - Dividend Comparison
NWZNX's dividend yield for the trailing twelve months is around 9.19%, more than NWXEX's 4.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWXEX Nationwide Strategic Income A | 4.96% | 4.93% | 4.73% | 4.33% | 16.14% | 3.99% | 4.70% | 3.63% | 4.30% | 8.40% | 7.21% | 0.43% |
NWZNX Nationwide Loomis All Cap Growth Fund | 9.19% | 8.63% | 9.42% | 7.12% | 8.43% | 10.57% | 2.57% | 1.35% | 8.44% | 0.42% | 0.00% | 0.00% |
Frequently Asked Questions
NWZNX and NWXEX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NWZNX has higher volatility (5.08%) compared to NWXEX (0.38%). In terms of maximum drawdown, NWZNX dropped -36.41% vs NWXEX's -22.97%.
NWXEX currently has the higher Sharpe Ratio (4.36 vs -0.22), 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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