ZSCIX Performance — Zacks Small-Cap Core Fund, Institutional Class
Data updated: 2024-02-12
ZSCIX returned +0.70% over one year to Nov 2023. The annualised 3-year return is +10.17%. The fund beat its US Small Blend category average: $100 invested three years ago grew to $134, against $113 for the category, and to $101 over one year, against $99. Volatility over the past three years was 19.76% a year. In the 12 months to Nov 2023 the fund took in a net $11.6M, and assets reached $31.73M.
ZSCIX Growth of $100
What $100 invested in Zacks Small-Cap Core Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | ZSCIX | Category average |
|---|---|---|
| 1 year (Dec 2022 – Nov 2023) | $101 | $99 |
| 3 years (Dec 2020 – Nov 2023) | $134 | $113 |
| Since data start (Mar 2020 – Nov 2023) | $139 | $138 |
ZSCIX Trailing Returns
Total returns to Nov 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.70% |
| 3 years (annualised) | +10.17% |
ZSCIX Annual Returns
Calendar-year total returns of Zacks Small-Cap Core Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Nov) | +5.13% |
| 2022 | −11.62% |
| 2021 | +32.97% |
| 2020 (Mar–Dec) | +12.81% |
ZSCIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +6.8% | +0.7% | −3.6% | −3.2% | −0.9% | +10.8% | +3.4% | −2.8% | −5.2% | −6.8% | +7.3% | — |
| 2022 | −6.3% | −0.2% | −0.4% | −6.4% | +3.7% | −9.0% | +10.2% | −3.9% | −7.3% | +12.2% | +1.6% | −4.2% |
| 2021 | +0.2% | +10.5% | +6.2% | +3.4% | +1.2% | −0.4% | +0.5% | +2.4% | −2.6% | +6.3% | −3.4% | +5.4% |
| 2020 | — | — | −25.5% | +9.4% | +5.5% | +1.1% | +4.7% | +2.8% | −3.0% | +2.0% | +12.5% | +8.2% |
ZSCIX Risk
Risk measures from monthly returns over Dec 2020 – Nov 2023.
- 3-year volatility (annualised): 19.76%
- 3-year Sharpe ratio: 0.29 (vs 4.5% risk-free rate)
- Best month: +12.18% (Oct 2022)
- Worst month: −8.97% (Jun 2022)
ZSCIX Fund Flows
Monthly money in and out of Zacks Small-Cap Core Fund, from SEC Form N-PORT.
- 12-month net flow: $11.6M
- 12-month gross sales (incl. reinvestments): $2.7M
- Sales ÷ redemptions: -0.31×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2023 | $244K | −$1.1M | $1.4M |
| Oct 2023 | $34K | −$715K | $750K |
| Sep 2023 | $55K | −$879K | $934K |
| Aug 2023 | $277K | −$1.8M | $2.0M |
| Jul 2023 | $269K | −$449K | $718K |
| Jun 2023 | $231K | −$433K | $664K |
| May 2023 | $264K | −$390K | $655K |
| Apr 2023 | $101K | −$280K | $381K |
| Mar 2023 | $197K | −$591K | $788K |
| Feb 2023 | $76K | −$581K | $658K |
| Jan 2023 | $118K | −$299K | $418K |
| Dec 2022 | $866K | −$1.4M | $2.2M |
ZSCIX Assets Under Management
Net assets of Zacks Small-Cap Core Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-11-30 | $31.73M |
| 2023-08-31 | $35.99M |
| 2023-05-31 | $33.93M |
| 2023-02-28 | $37.42M |
| 2022-11-30 | $37.77M |
| 2022-08-31 | $41.67M |
| 2022-05-31 | $44.23M |
| 2022-02-28 | $47.25M |
| 2021-11-30 | $48.87M |
| 2021-08-31 | $49.82M |
| 2021-05-31 | $49.54M |
| 2021-02-28 | $46.97M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.