About NWXPX
The Nationwide International Index Fund Institutional Service is a mutual fund designed to provide broad exposure to international developed equity markets. Its primary function is to track a market-capitalization-weighted index, specifically an MSCI benchmark, focusing on large- and mid-cap stocks in developed markets outside the United States. The fund follows a passively managed, index-based approach, offering investors a diversified portfolio across major sectors such as technology, consumer defensive, healthcare, financial services, and energy. Notable holdings include multinational firms like SAP SE, Nestle SA, ASML Holding, and Novartis AG. With an institutional share class structure, it targets investors seeking cost-efficient access to foreign equities, maintaining a low expense ratio and modest portfolio turnover. This fund plays a significant role in providing diversified non-U.S. equity exposure within a broader investment portfolio, catering to those aiming to balance or complement domestic holdings with international assets.
Fund Family Nationwide
Category Foreign Large Blend
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol NWXPX
Share Class Institutional Service Class
Index MSCI EAFE NR USD
NWXPX had a total return of 12.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.81%.
