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OAZMX vs. NQCRX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

OAZMX vs. NQCRX

Last updated Jun 24, 2026

OAZMX (Oakmark Fund R6 Class) and NQCRX (Nuveen Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 5 years, OAZMX returned 9.96%/yr vs 15.27%/yr for NQCRX. Their correlation of 0.90 suggests significant overlap in exposure. OAZMX charges 0.62%/yr vs 0.74%/yr for NQCRX.

Performance

OAZMX vs. NQCRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakmark Fund R6 Class (OAZMX) and Nuveen Large Cap Value Fund (NQCRX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, OAZMX achieves a -1.88% return, which is significantly lower than NQCRX's 18.43% return.

OAZMX

1D
0.00%
1M
-1.01%
YTD
-1.88%
6M
-2.40%
1Y
9.00%
3Y*
14.64%
5Y*
9.96%
10Y*
—

NQCRX

1D
0.46%
1M
2.00%
YTD
18.43%
6M
17.80%
1Y
37.43%
3Y*
22.94%
5Y*
15.27%
10Y*
14.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

OAZMX vs. NQCRX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
OAZMX
Oakmark Fund R6 Class		-1.88%14.45%16.33%31.29%-13.16%34.59%1.81%
NQCRX
Nuveen Large Cap Value Fund		18.43%22.44%17.74%13.76%-1.07%25.38%2.03%

Correlation

The correlation between OAZMX and NQCRX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.75

Correlation (3Y)
Calculated over the trailing 3-year period

0.85

Correlation (5Y)
Calculated over the trailing 5-year period

0.89

Correlation (All Time)
Calculated using the full available price history since Dec 23, 2020

0.90

The correlation between OAZMX and NQCRX shifts across timeframes, from 0.75 (1 year) to 0.90 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Oakmark Fund R6 Class

Nuveen Large Cap Value Fund

Often compared with OAZMX:
OAZMX vs. OAYLXOAZMX vs. OANCXOAZMX vs. OAKWXOAZMX vs. OAKBXOAZMX vs. OANMXOAZMX vs. OAKEXOAZMX vs. OAKMX
Often compared with NQCRX:
NQCRX vs. VOONQCRX vs. VEIRXNQCRX vs. VEIPXNQCRX vs. GABNQCRX vs. MADVXNQCRX vs. FGINXNQCRX vs. NELIX

Return for Risk

OAZMX vs. NQCRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
OAZMX
OAZMX Risk / Return Rank: 1111
Overall Rank
OAZMX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
OAZMX Sortino Ratio Rank: 99
Sortino Ratio Rank
OAZMX Omega Ratio Rank: 99
Omega Ratio Rank
OAZMX Calmar Ratio Rank: 1717
Calmar Ratio Rank
OAZMX Martin Ratio Rank: 1313
Martin Ratio Rank
NQCRX
NQCRX Risk / Return Rank: 9292
Overall Rank
NQCRX Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
NQCRX Sortino Ratio Rank: 9191
Sortino Ratio Rank
NQCRX Omega Ratio Rank: 8484
Omega Ratio Rank
NQCRX Calmar Ratio Rank: 9797
Calmar Ratio Rank
NQCRX Martin Ratio Rank: 9797
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OAZMX vs. NQCRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakmark Fund R6 Class (OAZMX) and Nuveen Large Cap Value Fund (NQCRX). 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.

OAZMXNQCRXDifference
Sharpe ratioReturn per unit of total volatility
0.71
3.01

-2.30

Sortino ratioReturn per unit of downside risk
1.10
4.13

-3.03

Omega ratioGain probability vs. loss probability

1.13

1.52

-0.39

Calmar ratioReturn relative to maximum drawdown

1.35

6.32

-4.97

Martin ratioReturn relative to average drawdown

3.33

23.35

-20.03

OAZMX vs. NQCRX - Sharpe Ratio Comparison

The current OAZMX Sharpe Ratio is 0.71, which is lower than the NQCRX Sharpe Ratio of 3.01. The chart below compares the historical Sharpe Ratios of OAZMX and NQCRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

OAZMX vs. NQCRX - Drawdown Comparison

The maximum OAZMX drawdown since its inception was -23.54%, smaller than the maximum NQCRX drawdown of -57.85%. Use the drawdown chart below to compare losses from any high point for OAZMX and NQCRX.

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Drawdown Indicators

OAZMXNQCRXDifference

Max Drawdown

Largest peak-to-trough decline

-23.54%

-57.85%

+34.31%

Max Drawdown (1Y)

Largest decline over 1 year

-6.93%

-6.07%

-0.86%

Max Drawdown (3Y)

Largest decline over 3 years

-17.01%

-17.21%

+0.20%

Max Drawdown (5Y)

Largest decline over 5 years

-23.54%

-17.61%

-5.93%

Max Drawdown (10Y)

Largest decline over 10 years

—

-41.84%

—

Current Drawdown

Current decline from peak

-4.41%

0.00%

-4.41%

Average Drawdown

Average peak-to-trough decline

-4.72%

-9.99%

+5.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.80%

1.63%

+1.17%

Volatility

OAZMX vs. NQCRX - Volatility Comparison

The current volatility for Oakmark Fund R6 Class (OAZMX) is 3.77%, while Nuveen Large Cap Value Fund (NQCRX) has a volatility of 4.14%. This indicates that OAZMX experiences smaller price fluctuations and is considered to be less risky than NQCRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

OAZMXNQCRXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.77%

4.14%

-0.37%

Volatility (6M)

Calculated over the trailing 6-month period

9.44%

9.92%

-0.48%

Volatility (1Y)

Calculated over the trailing 1-year period

13.20%

12.77%

+0.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.27%

15.62%

+2.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.16%

18.94%

-0.78%

OAZMX vs. NQCRX - Expense Ratio Comparison

OAZMX has a 0.62% expense ratio, which is lower than NQCRX's 0.74% expense ratio.

Dividends

OAZMX vs. NQCRX - Dividend Comparison

OAZMX's dividend yield for the trailing twelve months is around 1.22%, less than NQCRX's 6.17% yield.

PositionTTM20252024202320222021202020192018201720162015
NQCRX
Nuveen Large Cap Value Fund		6.17%7.30%6.82%2.22%4.63%20.85%17.95%26.88%34.12%27.42%10.74%61.01%
OAZMX
Oakmark Fund R6 Class		1.22%1.20%1.38%1.26%1.22%1.72%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

OAZMX and NQCRX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NQCRX has higher volatility (4.14%) compared to OAZMX (3.77%). In terms of maximum drawdown, OAZMX dropped -23.54% vs NQCRX's -57.85%.

NQCRX currently has the higher Sharpe Ratio (3.01 vs 0.71), 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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