NWZNX vs. NWAUX
NWZNX (Nationwide Loomis All Cap Growth Fund) and NWAUX (Nationwide GQG US Quality Equity Fund) are both mutual funds - NWZNX is a Large Cap Growth Equities fund managed by Nationwide, while NWAUX is a Quality Factor fund managed by Nationwide. Over the past 5 years, NWZNX returned 8.48%/yr vs 8.98%/yr for NWAUX. Their 0.58 correlation means they have sometimes moved together and sometimes differently. NWZNX charges 1.07%/yr vs 0.74%/yr for NWAUX.
Performance
NWZNX vs. NWAUX - 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 NWAUX's 5.53% 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%
NWAUX
- 1D
- 0.28%
- 1M
- 0.28%
- 6M
- 1.75%
- YTD
- 5.53%
- 1Y
- 6.08%
- 3Y*
- 10.94%
- 5Y*
- 8.98%
- 10Y*
- —
- ALL TIME*
- 11.54%
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. NWAUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NWZNX Nationwide Loomis All Cap Growth Fund | -6.11% | 13.28% | 32.96% | 44.70% | -27.67% | 18.17% |
NWAUX Nationwide GQG US Quality Equity Fund | 5.53% | -4.92% | 27.90% | 18.30% | -3.23% | 22.65% |
Correlation
The correlation between NWZNX and NWAUX is -0.22, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.56 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2021 | 0.58 |
The correlation between NWZNX and NWAUX shifts across timeframes, from -0.22 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NWZNX vs. NWAUX — Risk / Return Rank
NWZNX
NWAUX
NWZNX vs. NWAUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Loomis All Cap Growth Fund (NWZNX) 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.
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 | NWAUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.10 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 0.68 | -0.87 |
| Martin ratioReturn relative to average drawdown | -0.45 | 1.54 | -1.99 |
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Drawdowns
NWZNX vs. NWAUX - Drawdown Comparison
The maximum NWZNX drawdown since its inception was -36.41%, which is greater than NWAUX's maximum drawdown of -21.07%. Use the drawdown chart below to compare losses from any high point for NWZNX and NWAUX.
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Drawdown Indicators
| NWZNX | NWAUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.41% | -21.07% | -15.34% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -8.55% | -11.30% |
Max Drawdown (3Y)Largest decline over 3 years | -24.01% | -19.31% | -4.70% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -21.07% | -15.34% |
Current DrawdownCurrent decline from peak | -11.91% | -10.57% | -1.34% |
Average DrawdownAverage peak-to-trough decline | -7.27% | -7.04% | -0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.34% | 3.77% | +4.57% |
Volatility
NWZNX vs. NWAUX - Volatility Comparison
Nationwide Loomis All Cap Growth Fund (NWZNX) has a higher volatility of 5.08% compared to Nationwide GQG US Quality Equity Fund (NWAUX) at 2.69%. This indicates that NWZNX'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.
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Volatility by Period
| NWZNX | NWAUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 2.69% | +2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 13.75% | 8.30% | +5.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.51% | 10.57% | +6.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.73% | 16.11% | +6.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.78% | 15.83% | +5.95% |
NWZNX vs. NWAUX - Expense Ratio Comparison
NWZNX has a 1.07% expense ratio, which is higher than NWAUX's 0.74% expense ratio.
Dividends
NWZNX vs. NWAUX - Dividend Comparison
NWZNX's dividend yield for the trailing twelve months is around 9.19%, more than NWAUX's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
NWAUX Nationwide GQG US Quality Equity Fund | 4.93% | 4.35% | 13.58% | 0.40% | 1.93% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Frequently Asked Questions
NWZNX and NWAUX have a correlation of -0.22, 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 NWAUX (2.69%). In terms of maximum drawdown, NWZNX dropped -36.41% vs NWAUX's -21.07%.
NWAUX currently has the higher Sharpe Ratio (0.55 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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