OFVIX vs. NQCRX

Last updated Jun 24, 2026

OFVIX (O'Shaughnessy Market Leaders Value Fund) and NQCRX (Nuveen Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 5 years, OFVIX returned 13.09%/yr vs 15.27%/yr for NQCRX. Their correlation of 0.91 suggests significant overlap in exposure. OFVIX charges 0.56%/yr vs 0.74%/yr for NQCRX.

Performance

OFVIX vs. NQCRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in O'Shaughnessy Market Leaders Value Fund (OFVIX) and Nuveen Large Cap Value Fund (NQCRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OFVIX achieves a 8.99% return, which is significantly lower than NQCRX's 18.43% return.

OFVIX

• 1D: 0.68%
• 1M: 0.59%
• YTD: 8.99%
• 6M: 7.96%
• 1Y: 20.44%
• 3Y*: 21.55%
• 5Y*: 13.09%
• 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)

OFVIX vs. NQCRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OFVIX O'Shaughnessy Market Leaders Value Fund	8.99%	15.81%	23.70%	17.85%	-6.13%	30.49%	1.76%	35.06%	-12.95%	22.05%
NQCRX Nuveen Large Cap Value Fund	18.43%	22.44%	17.74%	13.76%	-1.07%	25.38%	-0.27%	47.63%	-15.47%	15.46%

Correlation

The correlation between OFVIX and NQCRX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.91

The correlation between OFVIX and NQCRX has been stable across timeframes, ranging from 0.82 to 0.91 - a consistent structural relationship.

Return for Risk

OFVIX vs. NQCRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OFVIX

OFVIX Risk / Return Rank: 51
OFVIX Sharpe Ratio Rank: 41
OFVIX Sortino Ratio Rank: 40
OFVIX Omega Ratio Rank: 38
OFVIX Calmar Ratio Rank: 79
OFVIX Martin Ratio Rank: 58

NQCRX

NQCRX Risk / Return Rank: 92
NQCRX Sharpe Ratio Rank: 94
NQCRX Sortino Ratio Rank: 91
NQCRX Omega Ratio Rank: 84
NQCRX Calmar Ratio Rank: 97
NQCRX Martin Ratio Rank: 97

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.

OFVIX vs. NQCRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for O'Shaughnessy Market Leaders Value Fund (OFVIX) 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.

	OFVIX	NQCRX	Difference
Sharpe ratio: Return per unit of total volatility	1.73	3.01	-1.28
Sortino ratio: Return per unit of downside risk	2.46	4.13	-1.67
Omega ratio: Gain probability vs. loss probability	1.30	1.52	-0.22
Calmar ratio: Return relative to maximum drawdown	3.40	6.32	-2.91
Martin ratio: Return relative to average drawdown	10.90	23.35	-12.45

OFVIX vs. NQCRX - Sharpe Ratio Comparison

The current OFVIX Sharpe Ratio is 1.73, which is lower than the NQCRX Sharpe Ratio of 3.01. The chart below compares the historical Sharpe Ratios of OFVIX 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.

Drawdowns

OFVIX vs. NQCRX - Drawdown Comparison

The maximum OFVIX drawdown since its inception was -41.88%, smaller than the maximum NQCRX drawdown of -57.85%. Use the drawdown chart below to compare losses from any high point for OFVIX and NQCRX.

Drawdown Indicators

	OFVIX	NQCRX	Difference
Max Drawdown Largest peak-to-trough decline	-41.88%	-57.85%	+15.97%
Max Drawdown (1Y) Largest decline over 1 year	-6.26%	-6.07%	-0.19%
Max Drawdown (3Y) Largest decline over 3 years	-19.04%	-17.21%	-1.83%
Max Drawdown (5Y) Largest decline over 5 years	-20.79%	-17.61%	-3.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.84%	—
Current Drawdown Current decline from peak	-2.41%	0.00%	-2.41%
Average Drawdown Average peak-to-trough decline	-5.26%	-9.99%	+4.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	1.63%	+0.32%

Volatility

OFVIX vs. NQCRX - Volatility Comparison

The current volatility for O'Shaughnessy Market Leaders Value Fund (OFVIX) is 3.34%, while Nuveen Large Cap Value Fund (NQCRX) has a volatility of 4.14%. This indicates that OFVIX 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.

Volatility by Period

	OFVIX	NQCRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	4.14%	-0.80%
Volatility (6M) Calculated over the trailing 6-month period	8.50%	9.92%	-1.42%
Volatility (1Y) Calculated over the trailing 1-year period	12.36%	12.77%	-0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.65%	15.62%	+1.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.12%	18.94%	+1.18%

OFVIX vs. NQCRX - Expense Ratio Comparison

OFVIX has a 0.56% expense ratio, which is lower than NQCRX's 0.74% expense ratio.

Dividends

OFVIX vs. NQCRX - Dividend Comparison

OFVIX's dividend yield for the trailing twelve months is around 17.00%, more than NQCRX's 6.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
OFVIX O'Shaughnessy Market Leaders Value Fund	17.00%	18.53%	15.22%	4.10%	7.88%	1.81%	2.15%	8.09%	7.74%	2.40%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OFVIX and NQCRX in my portfolio?

OFVIX and NQCRX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OFVIX or NQCRX?

NQCRX has higher volatility (4.14%) compared to OFVIX (3.34%). In terms of maximum drawdown, OFVIX dropped -41.88% vs NQCRX's -57.85%.

Which has better risk-adjusted returns?

NQCRX currently has the higher Sharpe Ratio (3.01 vs 1.73), 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.