Fund Evaluator:

Nationwide International Sm Cp Instl Svc Overview

Nationwide International Sm Cp Instl Svc (NWXVX) is an actively managed International Equity Foreign Small/Mid Blend fund. Nationwide launched the fund in 2016.

The investment seeks to provide long-term capital growth. Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities of companies with smaller market capitalizations at the time of purchase. In addition, under normal circumstances, it will invest primarily in securities of non-U.S. companies. For these purposes, the subadviser considers an issuer to be a non-U.S. company if it maintains its principal place of business outside the United States, it generates more than 50% of its revenues from business outside the United States, or its common stock trades on an exchange outside the United States.

About Nationwide International Sm Cp Instl Svc (NWXVX)

There are 2 members of the management team with an average tenure of 8.42 years: Jonathan White (2018), Mary Pryshlak (2018). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI EAFE NR USD index with a weighting of 100% and MSCI EAFE Small Cap NR USD index with a weighting of 100%. Nationwide International Sm Cp Instl Svc has 259 securities in its portfolio. The top 10 holdings constitute 15.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Nationwide International Sm Cp Instl Svc is part of the Equity global asset class and is within the International Equity fund group. Nationwide International Sm Cp Instl Svc has 95.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 3.6%. There is 95.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Nationwide International Sm Cp Instl Svc has 0.8% of the portfolio in cash.

Assets Under Management

The fund has $118 million in total assets, which is below the $540 million average for the Foreign Small/Mid Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

NWXVX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Nationwide International Sm Cp Instl Svc expense ratio is high compared to funds in the Foreign Small/Mid Blend category. Nationwide International Sm Cp Instl Svc has an expense ratio of 1.01%, which is 11% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Nationwide International Sm Cp Instl Svc has a portfolio turnover rate of 132%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 63% for the Foreign Small/Mid Blend category.

Recently, in the month of July 2026, Nationwide International Sm Cp Instl Svc returned 1.1%, which earned it a grade of B, as the Foreign Small/Mid Blend category had an average return of -1.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Nationwide International Sm Cp Instl Svc has a trailing yield of 4.62%, which is above the 2.74% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Nationwide International Sm Cp Instl Svc Grades

Year to date, the fund has returned 12.1%, 2.5 percentage points better than the category, which translates into a grade of A. The fund has returned 26.2% over the past year (grade of A), 16.9% over the past three years (grade of B) and 6.3% per year over the past five years (grade of C).

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