GROZ vs. ZDIVX
GROZ (Zacks Focus Growth ETF) and ZDIVX (Zacks Dividend Fund) are both funds - GROZ is a Large Cap Growth Equities fund actively managed by Zacks, while ZDIVX is a Large Cap Value Equities fund managed by Zacks. Over the past year, GROZ returned 22.90% vs 21.31% for ZDIVX. At a 0.48 correlation, their price movements are largely independent. GROZ charges 0.56%/yr vs 1.30%/yr for ZDIVX.
Performance
GROZ vs. ZDIVX - Performance Comparison
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Returns By Period
In the year-to-date period, GROZ achieves a 4.90% return, which is significantly lower than ZDIVX's 10.04% return.
GROZ
- 1D
- -1.25%
- 1M
- -1.82%
- YTD
- 4.90%
- 6M
- 3.15%
- 1Y
- 22.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ZDIVX
- 1D
- 0.45%
- 1M
- 1.01%
- YTD
- 10.04%
- 6M
- 9.38%
- 1Y
- 21.31%
- 3Y*
- 16.81%
- 5Y*
- 10.51%
- 10Y*
- 11.00%
GROZ vs. ZDIVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GROZ Zacks Focus Growth ETF | 4.90% | 20.28% | -1.80% |
ZDIVX Zacks Dividend Fund | 10.04% | 15.24% | -4.59% |
Correlation
The correlation between GROZ and ZDIVX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | 0.48 |
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Return for Risk
GROZ vs. ZDIVX — Risk / Return Rank
GROZ
ZDIVX
GROZ vs. ZDIVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Zacks Focus Growth ETF (GROZ) and Zacks Dividend Fund (ZDIVX). 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.
| GROZ | ZDIVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.41 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 3.24 | -1.56 |
| Martin ratioReturn relative to average drawdown | 6.10 | 12.11 | -6.01 |
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Drawdowns
GROZ vs. ZDIVX - Drawdown Comparison
The maximum GROZ drawdown since its inception was -23.33%, smaller than the maximum ZDIVX drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for GROZ and ZDIVX.
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Drawdown Indicators
| GROZ | ZDIVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.33% | -35.27% | +11.94% |
Max Drawdown (1Y)Largest decline over 1 year | -13.67% | -6.93% | -6.74% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.07% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.27% | — |
Current DrawdownCurrent decline from peak | -4.40% | -0.80% | -3.60% |
Average DrawdownAverage peak-to-trough decline | -4.02% | -3.88% | -0.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.76% | 1.85% | +1.91% |
Volatility
GROZ vs. ZDIVX - Volatility Comparison
Zacks Focus Growth ETF (GROZ) has a higher volatility of 5.23% compared to Zacks Dividend Fund (ZDIVX) at 2.94%. This indicates that GROZ's price experiences larger fluctuations and is considered to be riskier than ZDIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GROZ | ZDIVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 2.94% | +2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 11.94% | 7.54% | +4.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.82% | 9.94% | +5.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.91% | 13.52% | +8.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.91% | 16.24% | +5.67% |
GROZ vs. ZDIVX - Expense Ratio Comparison
GROZ has a 0.56% expense ratio, which is lower than ZDIVX's 1.30% expense ratio.
Dividends
GROZ vs. ZDIVX - Dividend Comparison
GROZ's dividend yield for the trailing twelve months is around 0.04%, less than ZDIVX's 3.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GROZ Zacks Focus Growth ETF | 0.04% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZDIVX Zacks Dividend Fund | 3.36% | 3.70% | 5.88% | 6.01% | 6.32% | 3.97% | 2.81% | 2.51% | 6.66% | 3.30% | 1.59% | 2.85% |
Frequently Asked Questions
GROZ and ZDIVX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GROZ has higher volatility (5.23%) compared to ZDIVX (2.94%). In terms of maximum drawdown, GROZ dropped -23.33% vs ZDIVX's -35.27%.
ZDIVX currently has the higher Sharpe Ratio (2.27 vs 1.46), 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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