AWEIX vs. NWAUX
AWEIX (CIBC Atlas Disciplined Equity Fund) and NWAUX (Nationwide GQG US Quality Equity Fund) are both mutual funds - AWEIX is a Large Cap Blend Equities fund managed by CIBC Private Wealth Management, while NWAUX is a Quality Factor fund managed by Nationwide. Over the past 5 years, AWEIX returned 7.60%/yr vs 8.98%/yr for NWAUX. Their 0.64 correlation means they have sometimes moved together and sometimes differently. AWEIX charges 0.72%/yr vs 0.74%/yr for NWAUX.
Performance
AWEIX vs. NWAUX - Performance Comparison
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Returns By Period
In the year-to-date period, AWEIX achieves a 3.11% return, which is significantly lower than NWAUX's 5.53% return.
AWEIX
- 1D
- 1.50%
- 1M
- 0.26%
- 6M
- 2.97%
- YTD
- 3.11%
- 1Y
- 10.44%
- 3Y*
- 13.07%
- 5Y*
- 7.60%
- 10Y*
- 12.65%
- ALL TIME*
- 10.14%
NWAUX
- 1D
- 0.28%
- 1M
- 0.28%
- 6M
- 1.75%
- YTD
- 5.53%
- 1Y
- 6.08%
- 3Y*
- 10.94%
- 5Y*
- 8.98%
- 10Y*
- —
- ALL TIME*
- 11.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AWEIX vs. NWAUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AWEIX CIBC Atlas Disciplined Equity Fund | 3.11% | 11.55% | 19.26% | 20.74% | -18.97% | 25.66% |
NWAUX Nationwide GQG US Quality Equity Fund | 5.53% | -4.92% | 27.90% | 18.30% | -3.23% | 22.65% |
Correlation
The correlation between AWEIX and NWAUX is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2021 | 0.64 |
The correlation between AWEIX and NWAUX shifts across timeframes, from -0.08 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AWEIX vs. NWAUX — Risk / Return Rank
AWEIX
NWAUX
AWEIX vs. NWAUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas Disciplined Equity Fund (AWEIX) and Nationwide GQG US Quality Equity Fund (NWAUX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AWEIX | NWAUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.10 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 0.68 | -0.02 |
| Martin ratioReturn relative to average drawdown | 2.43 | 1.54 | +0.89 |
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Drawdowns
AWEIX vs. NWAUX - Drawdown Comparison
The maximum AWEIX drawdown since its inception was -51.13%, which is greater than NWAUX's maximum drawdown of -21.07%. Use the drawdown chart below to compare losses from any high point for AWEIX and NWAUX.
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Drawdown Indicators
| AWEIX | NWAUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.13% | -21.07% | -30.06% |
Max Drawdown (1Y)Largest decline over 1 year | -11.93% | -8.55% | -3.38% |
Max Drawdown (3Y)Largest decline over 3 years | -16.64% | -19.31% | +2.67% |
Max Drawdown (5Y)Largest decline over 5 years | -24.38% | -21.07% | -3.31% |
Max Drawdown (10Y)Largest decline over 10 years | -32.92% | — | — |
Current DrawdownCurrent decline from peak | -1.42% | -10.57% | +9.15% |
Average DrawdownAverage peak-to-trough decline | -6.39% | -7.04% | +0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 3.77% | -0.52% |
Volatility
AWEIX vs. NWAUX - Volatility Comparison
CIBC Atlas Disciplined Equity Fund (AWEIX) has a higher volatility of 3.14% compared to Nationwide GQG US Quality Equity Fund (NWAUX) at 2.69%. This indicates that AWEIX's price experiences larger fluctuations and is considered to be riskier than NWAUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AWEIX | NWAUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 2.69% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 9.75% | 8.30% | +1.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.36% | 10.57% | +1.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.56% | 16.11% | +0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.77% | 15.83% | +1.94% |
AWEIX vs. NWAUX - Expense Ratio Comparison
AWEIX has a 0.72% expense ratio, which is lower than NWAUX's 0.74% expense ratio.
Dividends
AWEIX vs. NWAUX - Dividend Comparison
AWEIX's dividend yield for the trailing twelve months is around 14.11%, more than NWAUX's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AWEIX CIBC Atlas Disciplined Equity Fund | 14.11% | 14.54% | 6.39% | 4.72% | 4.13% | 7.09% | 2.52% | 2.08% | 8.91% | 2.68% | 1.49% | 5.46% |
NWAUX Nationwide GQG US Quality Equity Fund | 4.93% | 4.35% | 13.58% | 0.40% | 1.93% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AWEIX and NWAUX have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AWEIX has higher volatility (3.14%) compared to NWAUX (2.69%). In terms of maximum drawdown, AWEIX dropped -51.13% vs NWAUX's -21.07%.
AWEIX currently has the higher Sharpe Ratio (0.64 vs 0.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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