NWZNX vs. BLUEX
NWZNX (Nationwide Loomis All Cap Growth Fund) and BLUEX (AMG Veritas Global Real Return Fund) are both Large Cap Growth Equities funds. Over the past 5 years, NWZNX returned 8.48%/yr vs 0.98%/yr for BLUEX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. NWZNX charges 1.07%/yr vs 1.15%/yr for BLUEX.
Performance
NWZNX vs. BLUEX - Performance Comparison
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Returns By Period
In the year-to-date period, NWZNX achieves a -6.11% return, which is significantly lower than BLUEX's -1.30% return.
NWZNX
- 1D
- 0.32%
- 1M
- -3.65%
- 6M
- -4.19%
- YTD
- -6.11%
- 1Y
- -1.78%
- 3Y*
- 13.94%
- 5Y*
- 8.48%
- 10Y*
- —
- ALL TIME*
- 13.68%
BLUEX
- 1D
- -0.05%
- 1M
- 2.06%
- 6M
- 0.53%
- YTD
- -1.30%
- 1Y
- 2.01%
- 3Y*
- 3.85%
- 5Y*
- 0.98%
- 10Y*
- 9.72%
- ALL TIME*
- 9.36%
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 |
NWZNX vs. BLUEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWZNX Nationwide Loomis All Cap Growth Fund | -6.11% | 13.28% | 32.96% | 44.70% | -27.67% | 16.89% | 30.82% | 30.51% | -2.95% | 12.69% |
BLUEX AMG Veritas Global Real Return Fund | -1.30% | 4.45% | 7.24% | 14.35% | -14.30% | 3.22% | 34.74% | 35.34% | -4.91% | 10.25% |
Correlation
The correlation between NWZNX and BLUEX is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2017 | 0.73 |
Over the past year, the correlation between NWZNX and BLUEX has dropped to 0.43 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.
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Return for Risk
NWZNX vs. BLUEX — Risk / Return Rank
NWZNX
BLUEX
NWZNX vs. BLUEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Loomis All Cap Growth Fund (NWZNX) and AMG Veritas Global Real Return Fund (BLUEX). 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.
| NWZNX | BLUEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.02 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 0.05 | -0.24 |
| Martin ratioReturn relative to average drawdown | -0.45 | 0.11 | -0.56 |
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Drawdowns
NWZNX vs. BLUEX - Drawdown Comparison
The maximum NWZNX drawdown since its inception was -36.41%, smaller than the maximum BLUEX drawdown of -54.27%. Use the drawdown chart below to compare losses from any high point for NWZNX and BLUEX.
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Drawdown Indicators
| NWZNX | BLUEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.41% | -54.27% | +17.86% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -12.19% | -7.66% |
Max Drawdown (3Y)Largest decline over 3 years | -24.01% | -12.19% | -11.82% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -21.87% | -14.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.06% | — |
Current DrawdownCurrent decline from peak | -11.91% | -3.35% | -8.56% |
Average DrawdownAverage peak-to-trough decline | -7.27% | -13.34% | +6.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.34% | 5.56% | +2.78% |
Volatility
NWZNX vs. BLUEX - Volatility Comparison
Nationwide Loomis All Cap Growth Fund (NWZNX) has a higher volatility of 5.08% compared to AMG Veritas Global Real Return Fund (BLUEX) at 3.80%. This indicates that NWZNX's price experiences larger fluctuations and is considered to be riskier than BLUEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWZNX | BLUEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 3.80% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 13.75% | 8.91% | +4.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.51% | 10.90% | +6.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.73% | 10.85% | +11.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.78% | 16.57% | +5.21% |
NWZNX vs. BLUEX - Expense Ratio Comparison
NWZNX has a 1.07% expense ratio, which is lower than BLUEX's 1.15% expense ratio.
Dividends
NWZNX vs. BLUEX - Dividend Comparison
NWZNX's dividend yield for the trailing twelve months is around 9.19%, more than BLUEX's 0.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLUEX AMG Veritas Global Real Return Fund | 0.32% | 0.31% | 0.29% | 0.03% | 11.84% | 27.20% | 25.43% | 13.71% | 13.40% | 0.00% | 0.00% | 0.24% |
NWZNX Nationwide Loomis All Cap Growth Fund | 9.19% | 8.63% | 9.42% | 7.12% | 8.43% | 10.57% | 2.57% | 1.35% | 8.44% | 0.42% | 0.00% | 0.00% |
Frequently Asked Questions
NWZNX and BLUEX 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.
NWZNX has higher volatility (5.08%) compared to BLUEX (3.80%). In terms of maximum drawdown, NWZNX dropped -36.41% vs BLUEX's -54.27%.
BLUEX currently has the higher Sharpe Ratio (0.05 vs -0.22), 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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