Nationwide S&P 500 Index Fund (GRMIX) Research

The Nationwide S&P 500 Index Fund utilizes a passive investment strategy, often referred to as indexing. Its main goal is to closely track the performance of the S&P 500 Index, before factoring in its own operating costs. The S&P 500 Index itself is composed of roughly 500 stocks from major U.S. companies across a diverse range of business sectors. However, this fund isn't required to invest in every single security within the S&P 500, nor does it necessarily replicate the exact market capitalization weightings of each company in the index.

Market snapshot

Symbol
GRMIX
Price
$33.83
Day change
+1.11%
Market cap
$1.8B
52-week range
28.08-34.39
Sector
Financial Services
Industry
Asset Management

Peer companies

  • American Century Emerging Markets Fund (AEDMX)
  • Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV)
  • FAM Value Fund (FAMWX)
  • Columbia Cornerstone Equity Fund Class A (NSGAX)
  • T. Rowe Price U.S. Equity Research Fund (PRCOX)
  • AMG TimesSquare Mid Cap Growth Fund (TMDPX)

Open Nationwide S&P 500 Index Fund (GRMIX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.