ZECP vs. GROZ

Last updated Jun 4, 2026

ZECP (Zacks Earnings Consistent Portfolio ETF) and GROZ (Zacks Focus Growth ETF) are both exchange-traded funds - ZECP is a Large Cap Blend Equities fund actively managed by Zacks, while GROZ is a Large Cap Growth Equities fund actively managed by Zacks. Both are actively managed. Over the past year, ZECP returned 20.73% vs 29.02% for GROZ. A 0.69 correlation means they provide meaningful diversification when combined. ZECP charges 0.55%/yr vs 0.56%/yr for GROZ.

Performance

ZECP vs. GROZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zacks Earnings Consistent Portfolio ETF (ZECP) and Zacks Focus Growth ETF (GROZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ZECP achieves a 6.36% return, which is significantly lower than GROZ's 8.57% return.

ZECP

• 1D: -0.48%
• 1M: 2.51%
• YTD: 6.36%
• 6M: 5.67%
• 1Y: 20.73%
• 3Y*: 15.85%
• 5Y*: —
• 10Y*: —

GROZ

• 1D: -0.82%
• 1M: 4.91%
• YTD: 8.57%
• 6M: 7.82%
• 1Y: 29.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZECP vs. GROZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ZECP Zacks Earnings Consistent Portfolio ETF	6.36%	15.03%	-4.33%
GROZ Zacks Focus Growth ETF	8.57%	20.28%	-1.80%

Correlation

The correlation between ZECP and GROZ is 0.68, 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	0.68
Correlation (All Time) Calculated using the full available price history since Dec 6, 2024	0.69

The correlation between ZECP and GROZ has been stable across timeframes, ranging from 0.68 to 0.69 - a consistent structural relationship.

Return for Risk

ZECP vs. GROZ — Risk / Return Rank

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

ZECP

ZECP Risk / Return Rank: 59
ZECP Sharpe Ratio Rank: 59
ZECP Sortino Ratio Rank: 63
ZECP Omega Ratio Rank: 56
ZECP Calmar Ratio Rank: 51
ZECP Martin Ratio Rank: 64

GROZ

GROZ Risk / Return Rank: 51
GROZ Sharpe Ratio Rank: 57
GROZ Sortino Ratio Rank: 55
GROZ Omega Ratio Rank: 53
GROZ Calmar Ratio Rank: 43
GROZ Martin Ratio Rank: 48

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.

ZECP vs. GROZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zacks Earnings Consistent Portfolio ETF (ZECP) and Zacks Focus Growth ETF (GROZ). 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.

	ZECP	GROZ	Difference
Sharpe ratio: Return per unit of total volatility	1.98	1.91	+0.07
Sortino ratio: Return per unit of downside risk	2.94	2.63	+0.31
Omega ratio: Gain probability vs. loss probability	1.35	1.33	+0.02
Calmar ratio: Return relative to maximum drawdown	2.50	2.13	+0.37
Martin ratio: Return relative to average drawdown	11.46	7.90	+3.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZECP vs. GROZ - Sharpe Ratio Comparison

The current ZECP Sharpe Ratio is 1.98, which is comparable to the GROZ Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of ZECP and GROZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ZECP	GROZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	1.91	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.84	-0.20

Drawdowns

ZECP vs. GROZ - Drawdown Comparison

The maximum ZECP drawdown since its inception was -21.86%, smaller than the maximum GROZ drawdown of -23.33%. Use the drawdown chart below to compare losses from any high point for ZECP and GROZ.

Drawdown Indicators

	ZECP	GROZ	Difference
Max Drawdown Largest peak-to-trough decline	-21.86%	-23.33%	+1.47%
Max Drawdown (1Y) Largest decline over 1 year	-8.32%	-13.67%	+5.35%
Max Drawdown (3Y) Largest decline over 3 years	-15.47%	—	—
Current Drawdown Current decline from peak	-0.51%	-1.06%	+0.55%
Average Drawdown Average peak-to-trough decline	-5.51%	-4.06%	-1.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	3.69%	-1.88%

Volatility

ZECP vs. GROZ - Volatility Comparison

The current volatility for Zacks Earnings Consistent Portfolio ETF (ZECP) is 2.14%, while Zacks Focus Growth ETF (GROZ) has a volatility of 3.61%. This indicates that ZECP experiences smaller price fluctuations and is considered to be less risky than GROZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZECP	GROZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.14%	3.61%	-1.47%
Volatility (6M) Calculated over the trailing 6-month period	8.08%	11.30%	-3.22%
Volatility (1Y) Calculated over the trailing 1-year period	10.51%	15.24%	-4.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.65%	21.95%	-7.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.65%	21.95%	-7.30%

ZECP vs. GROZ - Expense Ratio Comparison

ZECP has a 0.55% expense ratio, which is lower than GROZ's 0.56% expense ratio.

Dividends

ZECP vs. GROZ - Dividend Comparison

ZECP's dividend yield for the trailing twelve months is around 0.74%, more than GROZ's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021
GROZ Zacks Focus Growth ETF	0.04%	0.04%	0.00%	0.00%	0.00%	0.00%
ZECP Zacks Earnings Consistent Portfolio ETF	0.74%	0.79%	0.63%	0.73%	0.91%	0.11%

Frequently Asked Questions

Can I hold both ZECP and GROZ in my portfolio?

ZECP and GROZ have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ZECP or GROZ?

GROZ has higher volatility (3.61%) compared to ZECP (2.14%). In terms of maximum drawdown, ZECP dropped -21.86% vs GROZ's -23.33%.

Which ETF is better, ZECP or GROZ?

On 1-year performance, GROZ leads with 29.02% vs 20.73% for ZECP. On fees, ZECP is cheaper at 0.55% per year. On volatility, ZECP has been the lower-risk option at 2.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ZECP or GROZ?

Over the 1-year period, GROZ has performed better with a 29.02% return vs 20.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ZECP or GROZ?

ZECP is cheaper with a 0.55% expense ratio, compared with 0.56% for GROZ.

Which ETF pays a higher dividend yield, ZECP or GROZ?

ZECP has the higher dividend yield at 0.74%, compared with 0.04% for GROZ.

What is the main difference between ZECP and GROZ?

ZECP is categorized as Large Cap Blend Equities, while GROZ is Large Cap Growth Equities. Their fees differ too: 0.55% for ZECP and 0.56% for GROZ.

Which has better risk-adjusted returns?

ZECP currently has the higher Sharpe Ratio (1.98 vs 1.91), 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.