NWZNX vs. NWXHX
NWZNX (Nationwide Loomis All Cap Growth Fund) and NWXHX (Nationwide Amundi Strategic Income Fund) are both mutual funds - NWZNX is a Large Cap Growth Equities fund managed by Nationwide, while NWXHX is a Multisector Bonds fund managed by Nationwide. Over the past 5 years, NWZNX returned 8.48%/yr vs 6.64%/yr for NWXHX. Their 0.01 correlation means their historical movements had little consistent relationship. NWZNX charges 1.07%/yr vs 0.61%/yr for NWXHX.
Performance
NWZNX vs. NWXHX - 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 NWXHX's 2.57% 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%
NWXHX
- 1D
- 0.10%
- 1M
- 0.00%
- 6M
- 1.77%
- YTD
- 2.57%
- 1Y
- 5.61%
- 3Y*
- 7.95%
- 5Y*
- 6.64%
- 10Y*
- 6.55%
- ALL TIME*
- 6.98%
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. NWXHX - 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% |
NWXHX Nationwide Amundi Strategic Income Fund | 2.57% | 7.36% | 9.76% | 9.39% | 3.56% | 4.86% | 3.48% | 10.18% | -0.11% | 5.50% |
Correlation
The correlation between NWZNX and NWXHX is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
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 NWXHX have become more correlated (0.25) than their long-term average of 0.01, meaning their price movements have been converging.
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Return for Risk
NWZNX vs. NWXHX — Risk / Return Rank
NWZNX
NWXHX
NWZNX vs. NWXHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Loomis All Cap Growth Fund (NWZNX) 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.
| NWZNX | NWXHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.03 | ||
| Sortino ratioReturn per unit of downside risk | -8.69 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 2.43 | -1.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 13.86 | -14.05 |
| Martin ratioReturn relative to average drawdown | -0.45 | 46.17 | -46.62 |
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Drawdowns
NWZNX vs. NWXHX - Drawdown Comparison
The maximum NWZNX drawdown since its inception was -36.41%, which is greater than NWXHX's maximum drawdown of -22.96%. Use the drawdown chart below to compare losses from any high point for NWZNX and NWXHX.
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Drawdown Indicators
| NWZNX | NWXHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.41% | -22.96% | -13.45% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -0.41% | -19.44% |
Max Drawdown (3Y)Largest decline over 3 years | -24.01% | -1.99% | -22.02% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -5.52% | -30.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.96% | — |
Current DrawdownCurrent decline from peak | -11.91% | -0.10% | -11.81% |
Average DrawdownAverage peak-to-trough decline | -7.27% | -1.03% | -6.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.34% | 0.12% | +8.22% |
Volatility
NWZNX vs. NWXHX - Volatility Comparison
Nationwide Loomis All Cap Growth Fund (NWZNX) has a higher volatility of 5.08% compared to Nationwide Amundi Strategic Income Fund (NWXHX) at 0.32%. This indicates that NWZNX'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
| NWZNX | NWXHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 0.32% | +4.76% |
Volatility (6M)Calculated over the trailing 6-month period | 13.75% | 0.91% | +12.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.51% | 1.17% | +16.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.73% | 3.69% | +19.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.78% | 4.40% | +17.38% |
NWZNX vs. NWXHX - Expense Ratio Comparison
NWZNX has a 1.07% expense ratio, which is higher than NWXHX's 0.61% expense ratio.
Dividends
NWZNX vs. NWXHX - Dividend Comparison
NWZNX's dividend yield for the trailing twelve months is around 9.19%, more than NWXHX's 5.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
NWXHX Nationwide Amundi Strategic Income Fund | 5.27% | 5.19% | 5.09% | 4.57% | 16.34% | 4.20% | 4.92% | 3.94% | 4.59% | 8.67% | 7.55% |
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% |
Frequently Asked Questions
NWZNX and NWXHX have a correlation of 0.25, 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 NWXHX (0.32%). In terms of maximum drawdown, NWZNX dropped -36.41% vs NWXHX's -22.96%.
NWXHX currently has the higher Sharpe Ratio (4.82 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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