NWZNX vs. MRFOX
NWZNX (Nationwide Loomis All Cap Growth Fund) and MRFOX (Marshfield Concentrated Opportunity Fund) are both Large Cap Growth Equities funds. Over the past 5 years, NWZNX returned 8.48%/yr vs 11.49%/yr for MRFOX. Their 0.64 correlation means they have sometimes moved together and sometimes differently. NWZNX charges 1.07%/yr vs 1.05%/yr for MRFOX.
Performance
NWZNX vs. MRFOX - 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 MRFOX's 4.87% 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%
MRFOX
- 1D
- -1.24%
- 1M
- -0.50%
- 6M
- 3.84%
- YTD
- 4.87%
- 1Y
- 11.84%
- 3Y*
- 13.29%
- 5Y*
- 11.49%
- 10Y*
- 15.92%
- ALL TIME*
- 15.58%
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. MRFOX - 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% |
MRFOX Marshfield Concentrated Opportunity Fund | 4.87% | 10.05% | 17.10% | 17.68% | 5.06% | 17.71% | 15.19% | 36.26% | 1.89% | 13.60% |
Correlation
The correlation between NWZNX and MRFOX is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2017 | 0.64 |
Over the past year, the correlation between NWZNX and MRFOX has dropped to 0.27 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
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Return for Risk
NWZNX vs. MRFOX — Risk / Return Rank
NWZNX
MRFOX
NWZNX vs. MRFOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Loomis All Cap Growth Fund (NWZNX) and Marshfield Concentrated Opportunity Fund (MRFOX). 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 | MRFOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.26 | ||
| Sortino ratioReturn per unit of downside risk | -1.80 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.19 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 1.55 | -1.74 |
| Martin ratioReturn relative to average drawdown | -0.45 | 4.55 | -5.00 |
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Drawdowns
NWZNX vs. MRFOX - Drawdown Comparison
The maximum NWZNX drawdown since its inception was -36.41%, which is greater than MRFOX's maximum drawdown of -29.10%. Use the drawdown chart below to compare losses from any high point for NWZNX and MRFOX.
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Drawdown Indicators
| NWZNX | MRFOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.41% | -29.10% | -7.31% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -7.03% | -12.82% |
Max Drawdown (3Y)Largest decline over 3 years | -24.01% | -7.91% | -16.10% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -12.98% | -23.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.10% | — |
Current DrawdownCurrent decline from peak | -11.91% | -1.37% | -10.54% |
Average DrawdownAverage peak-to-trough decline | -7.27% | -2.34% | -4.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.34% | 2.38% | +5.96% |
Volatility
NWZNX vs. MRFOX - Volatility Comparison
Nationwide Loomis All Cap Growth Fund (NWZNX) has a higher volatility of 5.08% compared to Marshfield Concentrated Opportunity Fund (MRFOX) at 4.45%. This indicates that NWZNX's price experiences larger fluctuations and is considered to be riskier than MRFOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWZNX | MRFOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 4.45% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 13.75% | 7.80% | +5.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.51% | 10.40% | +7.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.73% | 12.17% | +10.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.78% | 14.18% | +7.60% |
NWZNX vs. MRFOX - Expense Ratio Comparison
NWZNX has a 1.07% expense ratio, which is higher than MRFOX's 1.05% expense ratio.
Dividends
NWZNX vs. MRFOX - Dividend Comparison
NWZNX's dividend yield for the trailing twelve months is around 9.19%, more than MRFOX's 1.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MRFOX Marshfield Concentrated Opportunity Fund | 1.54% | 1.62% | 4.59% | 0.46% | 0.35% | 6.78% | 2.68% | 1.39% | 1.94% | 2.06% | 0.60% |
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% |
Frequently Asked Questions
NWZNX and MRFOX have a correlation of 0.27, 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 MRFOX (4.45%). In terms of maximum drawdown, NWZNX dropped -36.41% vs MRFOX's -29.10%.
MRFOX currently has the higher Sharpe Ratio (1.05 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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