NWZNX vs. FDSSX
NWZNX (Nationwide Loomis All Cap Growth Fund) and FDSSX (Fidelity Stock Selector All Cap Fund) are both Large Cap Growth Equities funds. Over the past 5 years, NWZNX returned 8.48%/yr vs 12.00%/yr for FDSSX. Their correlation of 0.91 means they have usually moved in the same direction. NWZNX charges 1.07%/yr vs 0.68%/yr for FDSSX.
Performance
NWZNX vs. FDSSX - 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 FDSSX's 14.50% 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%
FDSSX
- 1D
- 1.87%
- 1M
- -0.79%
- 6M
- 11.52%
- YTD
- 14.50%
- 1Y
- 28.35%
- 3Y*
- 19.68%
- 5Y*
- 12.00%
- 10Y*
- 14.84%
- ALL TIME*
- 11.46%
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. FDSSX - 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% |
FDSSX Fidelity Stock Selector All Cap Fund | 14.50% | 18.89% | 19.79% | 26.94% | -19.55% | 23.14% | 24.90% | 32.21% | -8.61% | 10.03% |
Correlation
The correlation between NWZNX and FDSSX is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2017 | 0.91 |
The correlation between NWZNX and FDSSX has been stable across timeframes, ranging from 0.83 to 0.91 - a consistent structural relationship.
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Return for Risk
NWZNX vs. FDSSX — Risk / Return Rank
NWZNX
FDSSX
NWZNX vs. FDSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Loomis All Cap Growth Fund (NWZNX) and Fidelity Stock Selector All Cap Fund (FDSSX). 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 | FDSSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.04 | ||
| Sortino ratioReturn per unit of downside risk | -2.68 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.33 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 2.83 | -3.02 |
| Martin ratioReturn relative to average drawdown | -0.45 | 12.79 | -13.24 |
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Drawdowns
NWZNX vs. FDSSX - Drawdown Comparison
The maximum NWZNX drawdown since its inception was -36.41%, smaller than the maximum FDSSX drawdown of -56.77%. Use the drawdown chart below to compare losses from any high point for NWZNX and FDSSX.
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Drawdown Indicators
| NWZNX | FDSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.41% | -56.77% | +20.36% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -9.19% | -10.66% |
Max Drawdown (3Y)Largest decline over 3 years | -24.01% | -20.86% | -3.15% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -25.22% | -11.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.37% | — |
Current DrawdownCurrent decline from peak | -11.91% | -2.29% | -9.62% |
Average DrawdownAverage peak-to-trough decline | -7.27% | -9.85% | +2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.34% | 2.03% | +6.31% |
Volatility
NWZNX vs. FDSSX - Volatility Comparison
Nationwide Loomis All Cap Growth Fund (NWZNX) has a higher volatility of 5.08% compared to Fidelity Stock Selector All Cap Fund (FDSSX) at 3.73%. This indicates that NWZNX's price experiences larger fluctuations and is considered to be riskier than FDSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWZNX | FDSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 3.73% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 13.75% | 11.38% | +2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.51% | 14.26% | +3.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.73% | 17.90% | +4.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.78% | 18.58% | +3.20% |
NWZNX vs. FDSSX - Expense Ratio Comparison
NWZNX has a 1.07% expense ratio, which is higher than FDSSX's 0.68% expense ratio.
Dividends
NWZNX vs. FDSSX - Dividend Comparison
NWZNX's dividend yield for the trailing twelve months is around 9.19%, more than FDSSX's 4.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDSSX Fidelity Stock Selector All Cap Fund | 4.18% | 4.79% | 4.83% | 2.03% | 0.36% | 0.84% | 5.22% | 6.09% | 4.46% | 3.07% | 1.04% | 5.16% |
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 FDSSX have a correlation of 0.83, 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 FDSSX (3.73%). In terms of maximum drawdown, NWZNX dropped -36.41% vs FDSSX's -56.77%.
FDSSX currently has the higher Sharpe Ratio (1.82 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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