CZOVX vs. NWAUX

Last updated Apr 2, 2026

Compare and contrast key facts about Zacks All-Cap Core Fund (CZOVX) and Nationwide GQG US Quality Equity Fund (NWAUX).

CZOVX is managed by Zacks. It was launched on Dec 5, 2005. NWAUX is managed by Nationwide. It was launched on Jan 24, 2021.

Performance

CZOVX vs. NWAUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zacks All-Cap Core Fund (CZOVX) and Nationwide GQG US Quality Equity Fund (NWAUX). The values are adjusted to include any dividend payments, if applicable.

CZOVX vs. NWAUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CZOVX Zacks All-Cap Core Fund	-2.89%	15.61%	24.75%	23.62%	-18.23%	23.75%
NWAUX Nationwide GQG US Quality Equity Fund	9.49%	-4.92%	27.90%	18.30%	-3.23%	22.65%

Returns By Period

In the year-to-date period, CZOVX achieves a -2.89% return, which is significantly lower than NWAUX's 9.49% return.

CZOVX

• 1D: 2.88%
• 1M: -5.01%
• YTD: -2.89%
• 6M: -1.28%
• 1Y: 16.43%
• 3Y*: 17.73%
• 5Y*: 10.75%
• 10Y*: 12.83%

NWAUX

• 1D: -0.20%
• 1M: -1.80%
• YTD: 9.49%
• 6M: 7.91%
• 1Y: 4.79%
• 3Y*: 17.34%
• 5Y*: 12.43%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CZOVX vs. NWAUX - Expense Ratio Comparison

CZOVX has a 1.00% expense ratio, which is higher than NWAUX's 0.74% expense ratio.

CZOVX

Zacks All-Cap Core Fund

NWAUX

Nationwide GQG US Quality Equity Fund

Return for Risk

CZOVX vs. NWAUX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CZOVX

CZOVX Risk / Return Rank: 54
CZOVX Sharpe Ratio Rank: 45
CZOVX Sortino Ratio Rank: 48
CZOVX Omega Ratio Rank: 49
CZOVX Calmar Ratio Rank: 60
CZOVX Martin Ratio Rank: 70

NWAUX

NWAUX Risk / Return Rank: 13
NWAUX Sharpe Ratio Rank: 12
NWAUX Sortino Ratio Rank: 11
NWAUX Omega Ratio Rank: 10
NWAUX Calmar Ratio Rank: 19
NWAUX Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CZOVX vs. NWAUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zacks All-Cap Core Fund (CZOVX) 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.

	CZOVX	NWAUX	Difference
Sharpe ratio Return per unit of total volatility	0.98	0.38	+0.60
Sortino ratio Return per unit of downside risk	1.48	0.59	+0.89
Omega ratio Gain probability vs. loss probability	1.22	1.08	+0.14
Calmar ratio Return relative to maximum drawdown	1.56	0.66	+0.91
Martin ratio Return relative to average drawdown	7.19	1.53	+5.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CZOVX vs. NWAUX - Sharpe Ratio Comparison

The current CZOVX Sharpe Ratio is 0.98, which is higher than the NWAUX Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of CZOVX and NWAUX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CZOVX	NWAUX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	0.38	+0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.78	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.82	-0.07

Correlation

The correlation between CZOVX and NWAUX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CZOVX vs. NWAUX - Dividend Comparison

CZOVX's dividend yield for the trailing twelve months is around 2.38%, less than NWAUX's 4.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CZOVX Zacks All-Cap Core Fund	2.38%	2.31%	13.81%	27.08%	12.67%	5.83%	5.45%	9.19%	11.09%	8.16%	7.84%	5.91%
NWAUX Nationwide GQG US Quality Equity Fund	4.70%	4.35%	13.58%	0.40%	1.93%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CZOVX vs. NWAUX - Drawdown Comparison

The maximum CZOVX drawdown since its inception was -32.97%, which is greater than NWAUX's maximum drawdown of -21.07%. Use the drawdown chart below to compare losses from any high point for CZOVX and NWAUX.

Drawdown Indicators

	CZOVX	NWAUX	Difference
Max Drawdown Largest peak-to-trough decline	-32.97%	-21.07%	-11.90%
Max Drawdown (1Y) Largest decline over 1 year	-11.07%	-8.57%	-2.50%
Max Drawdown (5Y) Largest decline over 5 years	-23.68%	-21.07%	-2.61%
Max Drawdown (10Y) Largest decline over 10 years	-32.97%	—	—
Current Drawdown Current decline from peak	-5.86%	-7.22%	+1.36%
Average Drawdown Average peak-to-trough decline	-4.03%	-6.85%	+2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	3.83%	-1.42%

Volatility

CZOVX vs. NWAUX - Volatility Comparison

Zacks All-Cap Core Fund (CZOVX) has a higher volatility of 5.39% compared to Nationwide GQG US Quality Equity Fund (NWAUX) at 2.74%. This indicates that CZOVX'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.

Volatility by Period

	CZOVX	NWAUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.39%	2.74%	+2.65%
Volatility (6M) Calculated over the trailing 6-month period	9.51%	7.29%	+2.22%
Volatility (1Y) Calculated over the trailing 1-year period	17.35%	12.55%	+4.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.54%	16.10%	+0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.60%	16.04%	+1.56%