NWMHX Performance — Nationwide Destination 2040 Fund, Class R6
Data updated: 2026-09-18
NWMHX returned +9.30% year to date and +18.25% over one year to Jul 2026. Annualised returns are +14.36% over 3 years and +7.70% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $150, against $146 for the category, and to $118 over one year, against $116. Volatility over the past three years was 10.72% a year. In the 12 months to Jul 2026 the fund lost a net $8.1M, and assets reached $196.80M.
NWMHX 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 | NWMHX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $118 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $150 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $145 | $142 |
| Since data start (Aug 2019 – Jul 2026) | $198 | $186 |
NWMHX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.30% |
| 1 year | +18.25% |
| 3 years (annualised) | +14.36% |
| 5 years (annualised) | +7.70% |
NWMHX 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) | +9.30% |
| 2025 | +17.77% |
| 2024 | +11.98% |
| 2023 | +18.65% |
| 2022 | −18.14% |
| 2021 | +15.29% |
| 2020 | +13.76% |
| 2019 (Aug–Dec) | +7.65% |
NWMHX 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% | +1.3% | −5.1% | +7.5% | +3.5% | −0.3% | +0.1% | — | — | — | — | — |
| 2025 | +2.9% | −0.1% | −3.1% | +0.4% | +4.3% | +3.8% | +0.5% | +2.6% | +2.6% | +1.5% | +0.5% | +0.8% |
| 2024 | 0.0% | +3.1% | +3.2% | −3.9% | +3.7% | +1.2% | +2.1% | +2.0% | +1.6% | −2.0% | +4.1% | −3.3% |
| 2023 | +7.2% | −2.8% | +1.9% | +0.8% | −1.1% | +5.1% | +3.0% | −2.3% | −3.9% | −2.9% | +8.1% | +5.4% |
| 2022 | −4.8% | −2.3% | +0.5% | −7.4% | +0.3% | −7.4% | +6.7% | −3.7% | −8.6% | +5.8% | +7.2% | −4.3% |
| 2021 | −0.2% | +2.3% | +2.2% | +3.7% | +1.1% | +1.2% | +0.5% | +1.9% | −3.5% | +4.2% | −2.2% | +3.3% |
| 2020 | −1.0% | −6.7% | −14.9% | +10.0% | +4.9% | +2.9% | +4.4% | +4.9% | −2.6% | −1.6% | +11.2% | +4.5% |
| 2019 | — | — | — | — | — | — | — | −1.9% | +1.9% | +2.3% | +2.4% | +2.8% |
NWMHX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 10.72%
- 3-year Sharpe ratio: 0.92 (vs 4.5% risk-free rate)
- Best month: +8.06% (Nov 2023)
- Worst month: −5.07% (Mar 2026)
NWMHX 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 |
NWMHX 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.