NWZNX vs. RYGRX
NWZNX (Nationwide Loomis All Cap Growth Fund) and RYGRX (Rydex S&P 500 Pure Growth Fund) are both Large Cap Growth Equities funds. Over the past 5 years, NWZNX returned 8.48%/yr vs 6.12%/yr for RYGRX. Their correlation of 0.84 means they have usually moved in the same direction. NWZNX charges 1.07%/yr vs 2.26%/yr for RYGRX.
Performance
NWZNX vs. RYGRX - 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 RYGRX's 18.58% 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%
RYGRX
- 1D
- 5.27%
- 1M
- -6.70%
- 6M
- 13.58%
- YTD
- 18.58%
- 1Y
- 19.41%
- 3Y*
- 18.75%
- 5Y*
- 6.12%
- 10Y*
- 11.74%
- ALL TIME*
- 9.16%
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. RYGRX - 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% |
RYGRX Rydex S&P 500 Pure Growth Fund | 18.58% | 11.00% | 25.73% | 5.80% | -28.71% | 26.61% | 26.34% | 34.13% | -6.28% | 8.77% |
Correlation
The correlation between NWZNX and RYGRX is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.61 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2017 | 0.84 |
Over the past year, the correlation between NWZNX and RYGRX has dropped to 0.61 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.
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Return for Risk
NWZNX vs. RYGRX — Risk / Return Rank
NWZNX
RYGRX
NWZNX vs. RYGRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Loomis All Cap Growth Fund (NWZNX) and Rydex S&P 500 Pure Growth Fund (RYGRX). 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 | RYGRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -1.24 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.13 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 0.96 | -1.15 |
| Martin ratioReturn relative to average drawdown | -0.45 | 4.03 | -4.48 |
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Drawdowns
NWZNX vs. RYGRX - Drawdown Comparison
The maximum NWZNX drawdown since its inception was -36.41%, smaller than the maximum RYGRX drawdown of -54.22%. Use the drawdown chart below to compare losses from any high point for NWZNX and RYGRX.
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Drawdown Indicators
| NWZNX | RYGRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.41% | -54.22% | +17.81% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -17.01% | -2.84% |
Max Drawdown (3Y)Largest decline over 3 years | -24.01% | -24.95% | +0.94% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -36.57% | +0.16% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.63% | — |
Current DrawdownCurrent decline from peak | -11.91% | -12.64% | +0.73% |
Average DrawdownAverage peak-to-trough decline | -7.27% | -9.38% | +2.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.34% | 4.08% | +4.26% |
Volatility
NWZNX vs. RYGRX - Volatility Comparison
The current volatility for Nationwide Loomis All Cap Growth Fund (NWZNX) is 5.08%, while Rydex S&P 500 Pure Growth Fund (RYGRX) has a volatility of 10.93%. This indicates that NWZNX experiences smaller price fluctuations and is considered to be less risky than RYGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWZNX | RYGRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 10.93% | -5.85% |
Volatility (6M)Calculated over the trailing 6-month period | 13.75% | 22.15% | -8.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.51% | 24.88% | -7.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.73% | 24.47% | -1.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.78% | 23.34% | -1.56% |
NWZNX vs. RYGRX - Expense Ratio Comparison
NWZNX has a 1.07% expense ratio, which is lower than RYGRX's 2.26% expense ratio.
Dividends
NWZNX vs. RYGRX - Dividend Comparison
NWZNX's dividend yield for the trailing twelve months is around 9.19%, more than RYGRX's 4.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RYGRX Rydex S&P 500 Pure Growth Fund | 4.29% | 5.09% | 0.00% | 0.00% | 0.00% | 2.81% | 4.43% | 12.10% | 7.15% | 6.26% | 0.05% | 2.96% |
Frequently Asked Questions
NWZNX and RYGRX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYGRX has higher volatility (10.93%) compared to NWZNX (5.08%). In terms of maximum drawdown, NWZNX dropped -36.41% vs RYGRX's -54.22%.
RYGRX currently has the higher Sharpe Ratio (0.66 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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