PGWCX vs. ANVIX

Last updated Apr 2, 2026

Compare and contrast key facts about Virtus Focused Growth Fund (PGWCX) and Virtus NFJ Large-Cap Value Fund (ANVIX).

PGWCX is managed by Allianz. It was launched on Feb 24, 1984. ANVIX is managed by Allianz. It was launched on May 8, 2000.

Performance

PGWCX vs. ANVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Focused Growth Fund (PGWCX) and Virtus NFJ Large-Cap Value Fund (ANVIX). The values are adjusted to include any dividend payments, if applicable.

PGWCX vs. ANVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PGWCX Virtus Focused Growth Fund	-10.48%	19.31%	52.99%	52.26%	-34.89%	19.61%	47.57%	32.96%	-6.82%	30.45%
ANVIX Virtus NFJ Large-Cap Value Fund	-0.11%	6.78%	6.28%	17.92%	-14.81%	26.52%	2.29%	25.03%	-9.38%	21.36%

Returns By Period

In the year-to-date period, PGWCX achieves a -10.48% return, which is significantly lower than ANVIX's -0.11% return. Over the past 10 years, PGWCX has outperformed ANVIX with an annualized return of 16.85%, while ANVIX has yielded a comparatively lower 8.79% annualized return.

PGWCX

• 1D: 4.26%
• 1M: -6.24%
• YTD: -10.48%
• 6M: -8.72%
• 1Y: 17.24%
• 3Y*: 28.31%
• 5Y*: 13.53%
• 10Y*: 16.85%

ANVIX

• 1D: 2.41%
• 1M: -1.75%
• YTD: -0.11%
• 6M: -0.65%
• 1Y: 7.52%
• 3Y*: 8.86%
• 5Y*: 5.89%
• 10Y*: 8.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PGWCX vs. ANVIX - Expense Ratio Comparison

PGWCX has a 1.70% expense ratio, which is higher than ANVIX's 0.74% expense ratio.

PGWCX

Virtus Focused Growth Fund

ANVIX

Virtus NFJ Large-Cap Value Fund

Return for Risk

PGWCX vs. ANVIX — Risk / Return Rank

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

PGWCX

PGWCX Risk / Return Rank: 35
PGWCX Sharpe Ratio Rank: 30
PGWCX Sortino Ratio Rank: 37
PGWCX Omega Ratio Rank: 34
PGWCX Calmar Ratio Rank: 37
PGWCX Martin Ratio Rank: 35

ANVIX

ANVIX Risk / Return Rank: 15
ANVIX Sharpe Ratio Rank: 13
ANVIX Sortino Ratio Rank: 13
ANVIX Omega Ratio Rank: 13
ANVIX Calmar Ratio Rank: 18
ANVIX Martin Ratio Rank: 20

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.

PGWCX vs. ANVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Focused Growth Fund (PGWCX) and Virtus NFJ Large-Cap Value Fund (ANVIX). 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.

	PGWCX	ANVIX	Difference
Sharpe ratio Return per unit of total volatility	0.78	0.41	+0.37
Sortino ratio Return per unit of downside risk	1.29	0.69	+0.61
Omega ratio Gain probability vs. loss probability	1.18	1.10	+0.08
Calmar ratio Return relative to maximum drawdown	1.11	0.62	+0.49
Martin ratio Return relative to average drawdown	4.13	2.40	+1.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PGWCX vs. ANVIX - Sharpe Ratio Comparison

The current PGWCX Sharpe Ratio is 0.78, which is higher than the ANVIX Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of PGWCX and ANVIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PGWCX	ANVIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	0.41	+0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.36	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.48	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.39	+0.21

Correlation

The correlation between PGWCX and ANVIX is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PGWCX vs. ANVIX - Dividend Comparison

PGWCX's dividend yield for the trailing twelve months is around 15.50%, more than ANVIX's 10.44% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PGWCX Virtus Focused Growth Fund	15.50%	13.87%	24.05%	6.02%	15.19%	41.55%	15.72%	23.03%	20.78%	1.92%	3.51%	9.18%
ANVIX Virtus NFJ Large-Cap Value Fund	10.44%	10.78%	2.80%	7.28%	20.66%	6.43%	1.43%	3.54%	2.02%	1.89%	2.13%	2.26%

Drawdowns

PGWCX vs. ANVIX - Drawdown Comparison

The maximum PGWCX drawdown since its inception was -67.19%, which is greater than ANVIX's maximum drawdown of -62.48%. Use the drawdown chart below to compare losses from any high point for PGWCX and ANVIX.

Drawdown Indicators

	PGWCX	ANVIX	Difference
Max Drawdown Largest peak-to-trough decline	-67.19%	-62.48%	-4.71%
Max Drawdown (1Y) Largest decline over 1 year	-16.31%	-13.19%	-3.12%
Max Drawdown (5Y) Largest decline over 5 years	-39.09%	-23.67%	-15.42%
Max Drawdown (10Y) Largest decline over 10 years	-39.09%	-38.41%	-0.68%
Current Drawdown Current decline from peak	-12.74%	-4.67%	-8.07%
Average Drawdown Average peak-to-trough decline	-17.93%	-9.69%	-8.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.36%	3.40%	+0.96%

Volatility

PGWCX vs. ANVIX - Volatility Comparison

Virtus Focused Growth Fund (PGWCX) has a higher volatility of 7.44% compared to Virtus NFJ Large-Cap Value Fund (ANVIX) at 4.51%. This indicates that PGWCX's price experiences larger fluctuations and is considered to be riskier than ANVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PGWCX	ANVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.44%	4.51%	+2.93%
Volatility (6M) Calculated over the trailing 6-month period	13.01%	10.15%	+2.86%
Volatility (1Y) Calculated over the trailing 1-year period	23.31%	17.61%	+5.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.61%	16.58%	+10.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.39%	18.28%	+6.11%