OWCIX vs. NWXEX

Last updated Apr 1, 2026

Compare and contrast key facts about Old Westbury Credit Income Fund (OWCIX) and Nationwide Strategic Income A (NWXEX).

OWCIX is managed by Old Westbury. It was launched on Sep 30, 2020. NWXEX is an actively managed fund by Nationwide. It was launched on Nov 2, 2015.

Performance

OWCIX vs. NWXEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Old Westbury Credit Income Fund (OWCIX) and Nationwide Strategic Income A (NWXEX). The values are adjusted to include any dividend payments, if applicable.

OWCIX vs. NWXEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OWCIX Old Westbury Credit Income Fund	-0.32%	9.35%	2.32%	6.42%	-16.20%	2.77%	2.78%
NWXEX Nationwide Strategic Income A	0.69%	6.97%	9.36%	9.00%	3.50%	4.64%	5.82%

Returns By Period

In the year-to-date period, OWCIX achieves a -0.32% return, which is significantly lower than NWXEX's 0.69% return.

OWCIX

• 1D: 0.38%
• 1M: -2.52%
• YTD: -0.32%
• 6M: 0.34%
• 1Y: 4.33%
• 3Y*: 4.91%
• 5Y*: 0.88%
• 10Y*: —

NWXEX

• 1D: 0.00%
• 1M: -0.33%
• YTD: 0.69%
• 6M: 1.75%
• 1Y: 6.28%
• 3Y*: 8.15%
• 5Y*: 6.20%
• 10Y*: 6.69%

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

OWCIX vs. NWXEX - Expense Ratio Comparison

OWCIX has a 0.85% expense ratio, which is lower than NWXEX's 0.99% expense ratio.

NWXEX

Nationwide Strategic Income A

OWCIX

Old Westbury Credit Income Fund

Return for Risk

OWCIX vs. NWXEX — Risk / Return Rank

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

OWCIX

OWCIX Risk / Return Rank: 61
OWCIX Sharpe Ratio Rank: 55
OWCIX Sortino Ratio Rank: 53
OWCIX Omega Ratio Rank: 44
OWCIX Calmar Ratio Rank: 82
OWCIX Martin Ratio Rank: 72

NWXEX

NWXEX Risk / Return Rank: 98
NWXEX Sharpe Ratio Rank: 99
NWXEX Sortino Ratio Rank: 98
NWXEX Omega Ratio Rank: 98
NWXEX Calmar Ratio Rank: 98
NWXEX Martin Ratio Rank: 98

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.

OWCIX vs. NWXEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Old Westbury Credit Income Fund (OWCIX) 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.

	OWCIX	NWXEX	Difference
Sharpe ratio Return per unit of total volatility	1.05	3.89	-2.84
Sortino ratio Return per unit of downside risk	1.48	5.48	-4.00
Omega ratio Gain probability vs. loss probability	1.20	2.13	-0.93
Calmar ratio Return relative to maximum drawdown	2.03	4.41	-2.38
Martin ratio Return relative to average drawdown	6.84	24.68	-17.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OWCIX vs. NWXEX - Sharpe Ratio Comparison

The current OWCIX Sharpe Ratio is 1.05, which is lower than the NWXEX Sharpe Ratio of 3.89. The chart below compares the historical Sharpe Ratios of OWCIX and NWXEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OWCIX	NWXEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	3.89	-2.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	1.70	-1.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	1.46	-1.31

Correlation

The correlation between OWCIX and NWXEX is 0.00, 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

OWCIX vs. NWXEX - Dividend Comparison

OWCIX's dividend yield for the trailing twelve months is around 5.33%, more than NWXEX's 4.82% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OWCIX Old Westbury Credit Income Fund	5.33%	7.01%	5.83%	5.44%	5.30%	3.91%	1.06%	0.00%	0.00%	0.00%	0.00%	0.00%
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%

Drawdowns

OWCIX vs. NWXEX - Drawdown Comparison

The maximum OWCIX drawdown since its inception was -19.92%, smaller than the maximum NWXEX drawdown of -22.97%. Use the drawdown chart below to compare losses from any high point for OWCIX and NWXEX.

Drawdown Indicators

	OWCIX	NWXEX	Difference
Max Drawdown Largest peak-to-trough decline	-19.92%	-22.97%	+3.05%
Max Drawdown (1Y) Largest decline over 1 year	-3.75%	-1.20%	-2.55%
Max Drawdown (5Y) Largest decline over 5 years	-19.92%	-5.60%	-14.32%
Max Drawdown (10Y) Largest decline over 10 years	—	-22.97%	—
Current Drawdown Current decline from peak	-2.52%	-0.43%	-2.09%
Average Drawdown Average peak-to-trough decline	-7.83%	-1.12%	-6.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.11%	0.25%	+0.86%

Volatility

OWCIX vs. NWXEX - Volatility Comparison

Old Westbury Credit Income Fund (OWCIX) has a higher volatility of 2.04% compared to Nationwide Strategic Income A (NWXEX) at 0.51%. This indicates that OWCIX'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.

Volatility by Period

	OWCIX	NWXEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.04%	0.51%	+1.53%
Volatility (6M) Calculated over the trailing 6-month period	3.32%	0.89%	+2.43%
Volatility (1Y) Calculated over the trailing 1-year period	5.72%	1.60%	+4.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.15%	3.66%	+2.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.96%	4.42%	+1.54%