FGLGX vs. NWAUX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Series Large Cap Stock Fund (FGLGX) and Nationwide GQG US Quality Equity Fund (NWAUX).

FGLGX is managed by Fidelity. It was launched on Dec 6, 2012. NWAUX is managed by Nationwide. It was launched on Jan 24, 2021.

Performance

FGLGX vs. NWAUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Large Cap Stock Fund (FGLGX) and Nationwide GQG US Quality Equity Fund (NWAUX). The values are adjusted to include any dividend payments, if applicable.

FGLGX vs. NWAUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FGLGX Fidelity Series Large Cap Stock Fund	-4.68%	28.57%	27.45%	24.80%	-7.23%	14.17%
NWAUX Nationwide GQG US Quality Equity Fund	9.70%	-4.92%	27.90%	18.30%	-3.23%	22.65%

Returns By Period

In the year-to-date period, FGLGX achieves a -4.68% return, which is significantly lower than NWAUX's 9.70% return.

FGLGX

• 1D: -0.59%
• 1M: -7.96%
• YTD: -4.68%
• 6M: 0.33%
• 1Y: 25.34%
• 3Y*: 22.22%
• 5Y*: 15.33%
• 10Y*: 15.16%

NWAUX

• 1D: 0.74%
• 1M: -1.92%
• YTD: 9.70%
• 6M: 7.83%
• 1Y: 4.93%
• 3Y*: 17.42%
• 5Y*: 12.67%
• 10Y*: —

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

FGLGX vs. NWAUX - Expense Ratio Comparison

FGLGX has a 0.00% expense ratio, which is lower than NWAUX's 0.74% expense ratio.

NWAUX

Nationwide GQG US Quality Equity Fund

FGLGX

Fidelity Series Large Cap Stock Fund

Return for Risk

FGLGX vs. NWAUX — Risk / Return Rank

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

FGLGX

FGLGX Risk / Return Rank: 81
FGLGX Sharpe Ratio Rank: 79
FGLGX Sortino Ratio Rank: 80
FGLGX Omega Ratio Rank: 82
FGLGX Calmar Ratio Rank: 81
FGLGX Martin Ratio Rank: 85

NWAUX

NWAUX Risk / Return Rank: 17
NWAUX Sharpe Ratio Rank: 19
NWAUX Sortino Ratio Rank: 17
NWAUX Omega Ratio Rank: 16
NWAUX Calmar Ratio Rank: 20
NWAUX Martin Ratio Rank: 14

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.

FGLGX vs. NWAUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Large Cap Stock Fund (FGLGX) 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.

	FGLGX	NWAUX	Difference
Sharpe ratio Return per unit of total volatility	1.42	0.49	+0.93
Sortino ratio Return per unit of downside risk	2.00	0.73	+1.27
Omega ratio Gain probability vs. loss probability	1.32	1.10	+0.22
Calmar ratio Return relative to maximum drawdown	1.91	0.58	+1.33
Martin ratio Return relative to average drawdown	8.85	1.36	+7.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGLGX vs. NWAUX - Sharpe Ratio Comparison

The current FGLGX Sharpe Ratio is 1.42, which is higher than the NWAUX Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of FGLGX 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

	FGLGX	NWAUX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	0.49	+0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.79	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.83	-0.01

Correlation

The correlation between FGLGX and NWAUX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FGLGX vs. NWAUX - Dividend Comparison

FGLGX's dividend yield for the trailing twelve months is around 10.32%, more than NWAUX's 4.69% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGLGX Fidelity Series Large Cap Stock Fund	10.32%	9.84%	7.99%	5.29%	6.55%	9.22%	5.36%	7.25%	12.29%	4.61%	1.69%	5.94%
NWAUX Nationwide GQG US Quality Equity Fund	4.69%	4.35%	13.58%	0.40%	1.93%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FGLGX vs. NWAUX - Drawdown Comparison

The maximum FGLGX drawdown since its inception was -36.42%, which is greater than NWAUX's maximum drawdown of -21.07%. Use the drawdown chart below to compare losses from any high point for FGLGX and NWAUX.

Drawdown Indicators

	FGLGX	NWAUX	Difference
Max Drawdown Largest peak-to-trough decline	-36.42%	-21.07%	-15.35%
Max Drawdown (1Y) Largest decline over 1 year	-12.19%	-8.87%	-3.32%
Max Drawdown (5Y) Largest decline over 5 years	-21.21%	-21.07%	-0.14%
Max Drawdown (10Y) Largest decline over 10 years	-36.42%	—	—
Current Drawdown Current decline from peak	-9.43%	-7.03%	-2.40%
Average Drawdown Average peak-to-trough decline	-3.82%	-6.85%	+3.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	3.83%	-1.20%

Volatility

FGLGX vs. NWAUX - Volatility Comparison

Fidelity Series Large Cap Stock Fund (FGLGX) has a higher volatility of 4.44% compared to Nationwide GQG US Quality Equity Fund (NWAUX) at 2.74%. This indicates that FGLGX'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

	FGLGX	NWAUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.44%	2.74%	+1.70%
Volatility (6M) Calculated over the trailing 6-month period	9.46%	7.29%	+2.17%
Volatility (1Y) Calculated over the trailing 1-year period	18.22%	12.58%	+5.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.86%	16.10%	+0.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.35%	16.05%	+2.30%