497

Stradley Ronon Stevens & Young, LLP 2000 K Street, N.W., Suite 700 Washington, DC 20006 Telephone 202.822.9611 Fax 202.822.0140 www.stradley.com

Jessica D. Burt, Esquire

202.419.8409

jburt@stradley.com

1933 Act Rule 497(e)

1933 Act File No. 002-73024

1940 Act File No. 811-03213

October 31, 2019

VIA EDGAR

Filing Desk

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

Re:	Nationwide Variable Insurance Trust (the “Registrant”)
	File Nos. 002-73024 and 811-03213
	Rule 497(e) filing

Ladies and Gentlemen:

Enclosed for filing pursuant to Rule 497(e) under the Securities Act of 1933, as amended (the “1933 Act”), are exhibits of certain risk/return summary information in an interactive data format using the eXtensible Business Reporting Language (the “XBRL Exhibits”). The XBRL Exhibits reflect the risk/return summary disclosure that was included in the supplement dated October 15, 2019 to the Registrant’s currently effective Prospectus, relating to the NVIT Emerging Markets Fund, a series of the Registrant, which was filed with the U.S. Securities and Exchange Commission via the EDGAR system on October 15, 2019 (SEC Accession No. 0001680359-19-000589) pursuant to Rule 497(e) under the 1933 Act.

Please direct questions or comments relating to this filing to me at the above-referenced telephone number.

Very truly yours,

/s/Jessica D. Burt

Jessica D. Burt, Esquire

A Pennsylvania Limited Liability Partnership

XML

Label

Element

Value

Risk/Return:

rr_RiskReturnAbstract

Registrant Name

dei_EntityRegistrantName

NATIONWIDE VARIABLE INSURANCE TRUST

Prospectus Date

rr_ProspectusDate

Apr. 30, 2019

Supplement to Prospectus [Text Block]

rr_SupplementToProspectusTextBlock

NATIONWIDE VARIABLE INSURANCE TRUST

NVIT Emerging Markets Fund

Supplement dated October 15, 2019

to the Prospectus dated April 30, 2019

Capitalized terms and certain other terms used in this supplement, unless otherwise defined in this supplement, have the meanings assigned to them in the Prospectus.

NVIT Emerging Markets Fund

Effective as of October 1, 2019:

1. The table under the heading “Fees and Expenses” on page 19 of the Prospectus is hereby deleted and replaced with the following:

	Class I Shares	Class II Shares	Class D Shares	Class Y Shares
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees	0.95%	0.95%	0.95%	0.95%
Distribution and/or Service (12b-1) Fees	None	0.25%	0.25%	None
Other Expenses	0.22%	0.22%	0.30%	0.07%
Total Annual Fund Operating Expenses	1.17%	1.42%	1.50%	1.02%
Fee Waiver/Expense Reimbursement(1)	(0.05)%	(0.05)%	(0.05)%	(0.05)%
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement	1.12%	1.37%	1.45%	0.97%

⁽¹⁾ Nationwide Variable Insurance Trust (the “Trust”) and Nationwide Fund Advisors (the “Adviser”) have entered into a written contract waiving 0.05% of the management fee to which the Adviser would otherwise be entitled until April 30, 2021. The written contract may be changed or eliminated only with the consent of the Board of Trustees of the Trust.

2. The table under the heading “Example” on page 19 of the Prospectus is hereby deleted and replaced with the following:

	1 Year	3 Years	5 Years	10 Years
Class I Shares	$114	$367	$639	$1,416
Class II Shares	139	444	772	1,698
Class D Shares	148	469	814	1,786
Class Y Shares	99	320	558	1,243

NVIT Emerging Markets Fund

Risk/Return:

rr_RiskReturnAbstract

Supplement to Prospectus [Text Block]

rr_SupplementToProspectusTextBlock

NATIONWIDE VARIABLE INSURANCE TRUST

NVIT Emerging Markets Fund

Supplement dated October 15, 2019

to the Prospectus dated April 30, 2019

Capitalized terms and certain other terms used in this supplement, unless otherwise defined in this supplement, have the meanings assigned to them in the Prospectus.

NVIT Emerging Markets Fund

Effective as of October 1, 2019:

1. The table under the heading “Fees and Expenses” on page 19 of the Prospectus is hereby deleted and replaced with the following:

	Class I Shares	Class II Shares	Class D Shares	Class Y Shares
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees	0.95%	0.95%	0.95%	0.95%
Distribution and/or Service (12b-1) Fees	None	0.25%	0.25%	None
Other Expenses	0.22%	0.22%	0.30%	0.07%
Total Annual Fund Operating Expenses	1.17%	1.42%	1.50%	1.02%
Fee Waiver/Expense Reimbursement(1)	(0.05)%	(0.05)%	(0.05)%	(0.05)%
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement	1.12%	1.37%	1.45%	0.97%

⁽¹⁾ Nationwide Variable Insurance Trust (the “Trust”) and Nationwide Fund Advisors (the “Adviser”) have entered into a written contract waiving 0.05% of the management fee to which the Adviser would otherwise be entitled until April 30, 2021. The written contract may be changed or eliminated only with the consent of the Board of Trustees of the Trust.

2. The table under the heading “Example” on page 19 of the Prospectus is hereby deleted and replaced with the following:

	1 Year	3 Years	5 Years	10 Years
Class I Shares	$114	$367	$639	$1,416
Class II Shares	139	444	772	1,698
Class D Shares	148	469	814	1,786
Class Y Shares	99	320	558	1,243

Operating Expenses Caption [Text]

rr_OperatingExpensesCaption

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Fee Waiver or Reimbursement over Assets, Date of Termination

rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination

April 30, 2021

NVIT Emerging Markets Fund | Class I Shares

Risk/Return:

rr_RiskReturnAbstract

Management Fees

rr_ManagementFeesOverAssets

0.95%

Distribution and/or Service (12b-1) Fees

rr_DistributionAndService12b1FeesOverAssets

none

Other Expenses

rr_OtherExpensesOverAssets

0.22%

Total Annual Fund Operating Expenses

rr_ExpensesOverAssets

1.17%

Fee Waiver/Expense Reimbursement

rr_FeeWaiverOrReimbursementOverAssets

(0.05%)

^[1]

Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement

rr_NetExpensesOverAssets

1.12%

1 Year

rr_ExpenseExampleYear01

$ 114

3 Years

rr_ExpenseExampleYear03

367

5 Years

rr_ExpenseExampleYear05

639

10 Years

rr_ExpenseExampleYear10

$ 1,416

NVIT Emerging Markets Fund | Class II Shares

Risk/Return:

rr_RiskReturnAbstract

Management Fees

rr_ManagementFeesOverAssets

0.95%

Distribution and/or Service (12b-1) Fees

rr_DistributionAndService12b1FeesOverAssets

0.25%

Other Expenses

rr_OtherExpensesOverAssets

0.22%

Total Annual Fund Operating Expenses

rr_ExpensesOverAssets

1.42%

Fee Waiver/Expense Reimbursement

rr_FeeWaiverOrReimbursementOverAssets

(0.05%)

^[1]

Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement

rr_NetExpensesOverAssets

1.37%

1 Year

rr_ExpenseExampleYear01

$ 139

3 Years

rr_ExpenseExampleYear03

444

5 Years

rr_ExpenseExampleYear05

772

10 Years

rr_ExpenseExampleYear10

$ 1,698

NVIT Emerging Markets Fund | Class D Shares

Risk/Return:

rr_RiskReturnAbstract

Management Fees

rr_ManagementFeesOverAssets

0.95%

Distribution and/or Service (12b-1) Fees

rr_DistributionAndService12b1FeesOverAssets

0.25%

Other Expenses

rr_OtherExpensesOverAssets

0.30%

Total Annual Fund Operating Expenses

rr_ExpensesOverAssets

1.50%

Fee Waiver/Expense Reimbursement

rr_FeeWaiverOrReimbursementOverAssets

(0.05%)

^[1]

Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement

rr_NetExpensesOverAssets

1.45%

1 Year

rr_ExpenseExampleYear01

$ 148

3 Years

rr_ExpenseExampleYear03

469

5 Years

rr_ExpenseExampleYear05

814

10 Years

rr_ExpenseExampleYear10

$ 1,786

NVIT Emerging Markets Fund | Class Y Shares

Risk/Return:

rr_RiskReturnAbstract

Management Fees

rr_ManagementFeesOverAssets

0.95%

Distribution and/or Service (12b-1) Fees

rr_DistributionAndService12b1FeesOverAssets

none

Other Expenses

rr_OtherExpensesOverAssets

0.07%

Total Annual Fund Operating Expenses

rr_ExpensesOverAssets

1.02%

Fee Waiver/Expense Reimbursement

rr_FeeWaiverOrReimbursementOverAssets

(0.05%)

^[1]

Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement

rr_NetExpensesOverAssets

0.97%

1 Year

rr_ExpenseExampleYear01

$ 99

3 Years

rr_ExpenseExampleYear03

320

5 Years

rr_ExpenseExampleYear05

558

10 Years

rr_ExpenseExampleYear10

$ 1,243

[1] Nationwide Variable Insurance Trust (the “Trust”) and Nationwide Fund Advisors (the “Adviser”) have entered into a written contract waiving 0.05% of the management fee to which the Adviser would otherwise be entitled until April 30, 2021. The written contract may be changed or eliminated only with the consent of the Board of Trustees of the Trust.

XML

Apr. 30, 2019

NATIONWIDE VARIABLE INSURANCE TRUST

NVIT Emerging Markets Fund

Supplement dated October 15, 2019

to the Prospectus dated April 30, 2019

Capitalized terms and certain other terms used in this supplement, unless otherwise defined in this supplement, have the meanings assigned to them in the Prospectus.

NVIT Emerging Markets Fund

Effective as of October 1, 2019:

1. The table under the heading “Fees and Expenses” on page 19 of the Prospectus is hereby deleted and replaced with the following:

	Class I Shares	Class II Shares	Class D Shares	Class Y Shares
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees	0.95%	0.95%	0.95%	0.95%
Distribution and/or Service (12b-1) Fees	None	0.25%	0.25%	None
Other Expenses	0.22%	0.22%	0.30%	0.07%
Total Annual Fund Operating Expenses	1.17%	1.42%	1.50%	1.02%
Fee Waiver/Expense Reimbursement(1)	(0.05)%	(0.05)%	(0.05)%	(0.05)%
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement	1.12%	1.37%	1.45%	0.97%

⁽¹⁾ Nationwide Variable Insurance Trust (the “Trust”) and Nationwide Fund Advisors (the “Adviser”) have entered into a written contract waiving 0.05% of the management fee to which the Adviser would otherwise be entitled until April 30, 2021. The written contract may be changed or eliminated only with the consent of the Board of Trustees of the Trust.

2. The table under the heading “Example” on page 19 of the Prospectus is hereby deleted and replaced with the following:

	1 Year	3 Years	5 Years	10 Years
Class I Shares	$114	$367	$639	$1,416
Class II Shares	139	444	772	1,698
Class D Shares	148	469	814	1,786
Class Y Shares	99	320	558	1,243

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Registrant Name	dei_EntityRegistrantName	NATIONWIDE VARIABLE INSURANCE TRUST
Prospectus Date	rr_ProspectusDate	Apr. 30, 2019
Document Creation Date	dei_DocumentCreationDate	Oct. 15, 2019

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Document Type	dei_DocumentType	497
Document Period End Date	dei_DocumentPeriodEndDate	Dec. 31, 2018
Registrant Name	dei_EntityRegistrantName	NATIONWIDE VARIABLE INSURANCE TRUST
Central Index Key	dei_EntityCentralIndexKey	0000353905
Amendment Flag	dei_AmendmentFlag	false
Document Creation Date	dei_DocumentCreationDate	Oct. 15, 2019
Document Effective Date	dei_DocumentEffectiveDate	Oct. 15, 2019
Prospectus Date	rr_ProspectusDate	Apr. 30, 2019
Entity Inv Company Type	dei_EntityInvCompanyType	N-1A