CZOVX vs. VSTSX

Last updated Jun 5, 2026

CZOVX (Zacks All-Cap Core Fund) and VSTSX (Vanguard Total Stock Market Index Fund Institutional Select Shares) are both Large Cap Blend Equities funds. Over the past 5 years, CZOVX returned 12.84%/yr vs 12.71%/yr for VSTSX. With a 0.98 correlation, they move nearly in lockstep. CZOVX charges 1.00%/yr vs 0.01%/yr for VSTSX.

Performance

CZOVX vs. VSTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zacks All-Cap Core Fund (CZOVX) and Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CZOVX achieves a 12.05% return, which is significantly higher than VSTSX's 11.14% return.

CZOVX

• 1D: -0.48%
• 1M: 4.04%
• YTD: 12.05%
• 6M: 11.35%
• 1Y: 27.59%
• 3Y*: 21.67%
• 5Y*: 12.84%
• 10Y*: 14.35%

VSTSX

• 1D: -0.76%
• 1M: 4.07%
• YTD: 11.14%
• 6M: 10.87%
• 1Y: 28.13%
• 3Y*: 22.07%
• 5Y*: 12.71%
• 10Y*: —

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

CZOVX vs. VSTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CZOVX Zacks All-Cap Core Fund	12.05%	15.61%	24.75%	23.62%	-18.23%	29.23%	15.24%	29.34%	-5.32%	21.25%
VSTSX Vanguard Total Stock Market Index Fund Institutional Select Shares	11.14%	17.16%	23.27%	26.54%	-19.49%	25.75%	21.02%	30.81%	-5.15%	20.21%

Correlation

The correlation between CZOVX and VSTSX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.98

The correlation between CZOVX and VSTSX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

Return for Risk

CZOVX vs. VSTSX — Risk / Return Rank

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

CZOVX

CZOVX Risk / Return Rank: 68
CZOVX Sharpe Ratio Rank: 64
CZOVX Sortino Ratio Rank: 61
CZOVX Omega Ratio Rank: 57
CZOVX Calmar Ratio Rank: 74
CZOVX Martin Ratio Rank: 83

VSTSX

VSTSX Risk / Return Rank: 64
VSTSX Sharpe Ratio Rank: 61
VSTSX Sortino Ratio Rank: 57
VSTSX Omega Ratio Rank: 56
VSTSX Calmar Ratio Rank: 67
VSTSX Martin Ratio Rank: 78

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. VSTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zacks All-Cap Core Fund (CZOVX) and Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX). 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	VSTSX	Difference
Sharpe ratio: Return per unit of total volatility	2.33	2.32	+0.02
Sortino ratio: Return per unit of downside risk	3.25	3.17	+0.07
Omega ratio: Gain probability vs. loss probability	1.41	1.42	0.00
Calmar ratio: Return relative to maximum drawdown	3.29	3.17	+0.12
Martin ratio: Return relative to average drawdown	15.14	14.63	+0.51
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. VSTSX - Sharpe Ratio Comparison

The current CZOVX Sharpe Ratio is 2.33, which is comparable to the VSTSX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of CZOVX and VSTSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CZOVX	VSTSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	2.32	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.74	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.80	+0.02

Drawdowns

CZOVX vs. VSTSX - Drawdown Comparison

The maximum CZOVX drawdown since its inception was -32.97%, smaller than the maximum VSTSX drawdown of -34.97%. Use the drawdown chart below to compare losses from any high point for CZOVX and VSTSX.

Drawdown Indicators

	CZOVX	VSTSX	Difference
Max Drawdown Largest peak-to-trough decline	-32.97%	-34.97%	+2.00%
Max Drawdown (1Y) Largest decline over 1 year	-8.49%	-8.92%	+0.43%
Max Drawdown (3Y) Largest decline over 3 years	-18.17%	-19.36%	+1.19%
Max Drawdown (5Y) Largest decline over 5 years	-23.68%	-25.35%	+1.67%
Max Drawdown (10Y) Largest decline over 10 years	-32.97%	—	—
Current Drawdown Current decline from peak	-0.48%	-0.76%	+0.28%
Average Drawdown Average peak-to-trough decline	-3.99%	-4.89%	+0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	1.93%	-0.09%

Volatility

CZOVX vs. VSTSX - Volatility Comparison

Zacks All-Cap Core Fund (CZOVX) and Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX) have volatilities of 3.10% and 3.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CZOVX	VSTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.10%	3.05%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	9.18%	9.20%	-0.02%
Volatility (1Y) Calculated over the trailing 1-year period	11.97%	12.22%	-0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.54%	17.36%	-0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.63%	18.75%	-1.12%

CZOVX vs. VSTSX - Expense Ratio Comparison

CZOVX has a 1.00% expense ratio, which is higher than VSTSX's 0.01% expense ratio.

Dividends

CZOVX vs. VSTSX - Dividend Comparison

CZOVX's dividend yield for the trailing twelve months is around 2.06%, more than VSTSX's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CZOVX Zacks All-Cap Core Fund	2.06%	2.31%	13.81%	27.08%	12.67%	5.83%	5.45%	9.19%	11.09%	8.16%	7.84%	5.91%
VSTSX Vanguard Total Stock Market Index Fund Institutional Select Shares	1.03%	1.13%	1.27%	1.43%	1.67%	1.23%	1.44%	1.79%	2.07%	1.74%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CZOVX and VSTSX in my portfolio?

With a correlation of 0.98, CZOVX and VSTSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CZOVX or VSTSX?

CZOVX has higher volatility (3.10%) compared to VSTSX (3.05%). In terms of maximum drawdown, CZOVX dropped -32.97% vs VSTSX's -34.97%.

Which has better risk-adjusted returns?

CZOVX currently has the higher Sharpe Ratio (2.33 vs 2.32), 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.