Nationwide Sp 500 Fund Quote
| GRMRX Fund | USD 28.21 0.11 0.39% |
Performance11 of 100
| Odds Of DistressLess than 18
|
Nationwide is trading at 28.21 as of the 28th of November 2024; that is 0.39% down since the beginning of the trading day. The fund's open price was 28.32. Nationwide has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Nationwide Sp 500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the SP 500 Index before the deduction of Fund expenses. The SP 500 Index includes approximately 500 stocks of large U.S. companies in a wide range of businesses. More on Nationwide Sp 500
Moving together with Nationwide Mutual Fund
| 0.89 | NADMX | Nationwide Investor | PairCorr |
| 0.77 | GGEAX | Nationwide Global Equity | PairCorr |
| 0.78 | GGEIX | Nationwide Global Equity | PairCorr |
| 0.99 | GGFRX | Nationwide Growth | PairCorr |
Moving against Nationwide Mutual Fund
Nationwide Mutual Fund Highlights
| Fund Concentration | Nationwide Funds, Large Blend Funds, Large Blend, Nationwide, Large Blend, Large Blend (View all Sectors) |
| Update Date | 30th of September 2024 |
Nationwide Sp 500 [GRMRX] is traded in USA and was established 28th of November 2024. Nationwide is listed under Nationwide category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Nationwide family. This fund currently has accumulated 3.13 B in assets under management (AUM) with no minimum investment requirementsNationwide Sp 500 is currently producing year-to-date (YTD) return of 26.01% with the current yeild of 0.01%, while the total return for the last 3 years was 9.06%.
Check Nationwide Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nationwide Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nationwide Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nationwide Sp 500 Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Nationwide Sp 500 Mutual Fund Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| MSFT | Microsoft | Stock | Information Technology | |
| NVDA | NVIDIA | Stock | Information Technology |
Nationwide Sp 500 Risk Profiles
| Mean Deviation | 0.5462 | |||
| Semi Deviation | 0.6677 | |||
| Standard Deviation | 0.7669 | |||
| Variance | 0.5881 |
Nationwide Against Markets
Other Information on Investing in Nationwide Mutual Fund
Nationwide financial ratios help investors to determine whether Nationwide Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nationwide with respect to the benefits of owning Nationwide security.
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