NATIONWIDE INVESTOR Sortino Ratio
| GCFRX Fund | | | USD 10.25 0.03 0.29% |
The Sortino Ratio measures risk-adjusted return using only downside deviation rather than total volatility. Unlike the Sharpe Ratio, which penalizes both upside and downside volatility equally, the Sortino Ratio penalizes only returns below a target threshold, making it a more targeted measure of harmful volatility. Below is NATIONWIDE INVESTOR's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
NATIONWIDE INVESTOR's Sortino Ratio of 0.0642 reflects its current reading on this measure. This reflects NATIONWIDE INVESTOR's positioning relative to its own recent range within Mutual Fund Funds.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.0642 | |
| ER[a] | = | Expected return on investing in NATIONWIDE INVESTOR |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Among sector peers, NATIONWIDE INVESTOR's Sortino Ratio of 0.0642 is above the 0.04 group average. The range runs from 0.0393 (Prudential Government Income) to 0.0489 (Invesco Government). NATIONWIDE INVESTOR's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Sortino Ratio Relative To Other Indicators
The chart below plots Sortino Ratio against Maximum Drawdown for Nationwide Investor and its peers. Each point represents one equity — position along the horizontal axis shows Sortino Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
NATIONWIDE INVESTOR's Maximum Drawdown of
1.61 runs about
25.15 times its Sortino Ratio of
0.06 . This indicates Maximum Drawdown substantially exceeds Sortino Ratio for NATIONWIDE INVESTOR.
Methodology, Assumptions & Data Sources
NATIONWIDE INVESTOR has a current Sortino Ratio reading of 0.0642. Sortino Ratio for NATIONWIDE INVESTOR is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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