About GRISX
The Nationwide S&P 500 Index Fund Institutional Service Class is a passively managed mutual fund designed to closely track the performance of the S&P 500 Index, which represents 500 of the largest publicly traded companies in the United States. This fund primarily invests at least 80% of its net assets in the equities included in the S&P 500, offering broad exposure to leading sectors such as technology, consumer cyclical, communication services, and financial services. The portfolio is market capitalization-weighted, resulting in higher allocations to companies like Apple, NVIDIA, Microsoft, and Amazon, which together comprise a significant portion of the fund's total assets. With a low expense ratio and an institutional share class structure, the fund is structured to appeal to institutional investors seeking a cost-effective, diversified solution for large-cap U.S. equity market exposure. Its investment style reflects a large blend approach, capturing both growth and value segments of the market, and provides investors with a benchmark for the overall health and direction of the U.S. equity landscape.
Fund Family Nationwide
Category Large Blend
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol GRISX
Share Class Institutional Service Class
Index S&P 500 TR
GRISX had a total return of 20.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.26%.
