- What does NWXQX invest in?
- This fund commits a significant portion, exceeding 80%, of its total assets to the shares of companies featured within the S&P MidCap 400® Index. This benchmark encompasses roughly 400 mid-sized U.S. corporations across a broad spectrum of industries. The investment adviser utilizes an indexing approach, striving to replicate the performance of the S&P MidCap 400® Index prior to the deduction of fund-related expenses.
- What is the expense ratio of NWXQX?
- Nationwide Mid Cap Market Index Fund (NWXQX) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is NWXQX?
- Nationwide Mid Cap Market Index Fund (NWXQX) manages $497.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is NWXQX actively managed or an index fund?
- NWXQX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (NWXQX's is 0.50%) because there's no security selection cost.
- When was NWXQX launched?
- Nationwide Mid Cap Market Index Fund (NWXQX) launched in December 2016 and is managed by the fund issuer.
- How has NWXQX performed?
- NWXQX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
