NWMDX Performance — Nationwide Destination 2040 Fund, Class R
Data updated: 2026-09-18
NWMDX returned +8.86% year to date and +17.41% over one year to Jul 2026. Annualised returns are +13.53% over 3 years and +6.90% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $146, against $146 for the category, and to $117 over one year, against $116. Volatility over the past three years was 10.67% a year. In the 12 months to Jul 2026 the fund lost a net $8.1M, and assets reached $196.80M.
NWMDX Growth of $100
What $100 invested in Nationwide Destination 2040 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | NWMDX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $117 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $146 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $140 | $142 |
| Since data start (Aug 2019 – Jul 2026) | $188 | $186 |
NWMDX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.86% |
| 1 year | +17.41% |
| 3 years (annualised) | +13.53% |
| 5 years (annualised) | +6.90% |
NWMDX Annual Returns
Calendar-year total returns of Nationwide Destination 2040 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +8.86% |
| 2025 | +16.79% |
| 2024 | +11.24% |
| 2023 | +17.78% |
| 2022 | −18.72% |
| 2021 | +14.41% |
| 2020 | +12.82% |
| 2019 (Aug–Dec) | +7.38% |
NWMDX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.3% | +1.2% | −5.1% | +7.4% | +3.5% | −0.3% | +0.1% | — | — | — | — | — |
| 2025 | +2.7% | −0.1% | −3.2% | +0.5% | +4.3% | +3.5% | +0.5% | +2.6% | +2.5% | +1.4% | +0.4% | +0.8% |
| 2024 | −0.1% | +3.0% | +3.1% | −3.9% | +3.8% | +1.1% | +2.2% | +1.9% | +1.6% | −2.2% | +4.1% | −3.3% |
| 2023 | +7.1% | −2.9% | +1.8% | +0.8% | −1.2% | +5.0% | +2.8% | −2.4% | −3.9% | −2.9% | +7.9% | +5.3% |
| 2022 | −4.9% | −2.4% | +0.5% | −7.6% | +0.5% | −7.5% | +6.7% | −3.7% | −8.8% | +5.8% | +7.0% | −4.3% |
| 2021 | −0.2% | +2.3% | +2.0% | +3.7% | +1.1% | +1.1% | +0.6% | +1.9% | −3.6% | +4.1% | −2.3% | +3.2% |
| 2020 | −1.1% | −6.8% | −15.0% | +9.8% | +4.8% | +2.8% | +4.5% | +4.7% | −2.6% | −1.7% | +11.2% | +4.4% |
| 2019 | — | — | — | — | — | — | — | −1.9% | +1.9% | +2.1% | +2.3% | +2.9% |
NWMDX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 10.67%
- 3-year Sharpe ratio: 0.85 (vs 4.5% risk-free rate)
- Best month: +7.91% (Nov 2023)
- Worst month: −5.09% (Mar 2026)
NWMDX Fund Flows
Monthly money in and out of Nationwide Destination 2040 Fund, from SEC Form N-PORT.
- 12-month net flow: −$8.1M
- 12-month gross sales (incl. reinvestments): $43.1M
- Sales ÷ redemptions: 0.84×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.4M | $2.5M | −$1.1M |
| Jun 2026 | $2.2M | $2.8M | −$617K |
| May 2026 | $1.8M | $1.0M | $795K |
| Apr 2026 | $3.8M | $3.0M | $850K |
| Mar 2026 | $2.5M | $2.9M | −$390K |
| Feb 2026 | $2.1M | $6.0M | −$3.9M |
| Jan 2026 | $1.6M | $3.4M | −$1.7M |
| Dec 2025 | $16.6M | $3.9M | $12.8M |
| Nov 2025 | $2.0M | $4.3M | −$2.3M |
| Oct 2025 | $4.1M | $4.1M | −$66K |
| Sep 2025 | $2.5M | $14.5M | −$12.0M |
| Aug 2025 | $2.3M | $2.7M | −$468K |
NWMDX Assets Under Management
Net assets of Nationwide Destination 2040 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $196.80M |
| 2026-04-30 | $191.94M |
| 2026-01-31 | $189.32M |
| 2025-10-31 | $188.16M |
| 2025-07-31 | $189.06M |
| 2025-04-30 | $179.54M |
| 2025-01-31 | $188.48M |
| 2024-10-31 | $193.71M |
| 2024-07-31 | $190.58M |
| 2024-04-30 | $174.03M |
| 2024-01-31 | $169.83M |
| 2023-10-31 | $150.50M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.