NRIIX Alternatives & Similar Mutual Funds

Nuveen Real Asset Income Fund (NRIIX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NRIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NRIIX

NRIIX charges 0.91% annually. There are 42 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
GIMFX	GMO Implementation Fund	0.02%	—	Feb 2012	NRIIX vs GIMFX
GGSIX	Goldman Sachs Growth Strategy Portfolio	0.19%	—	Jan 1998	NRIIX vs GGSIX
IPIRX	Voya Global Perspectives Portfolio	0.20%	—	Apr 2013	NRIIX vs IPIRX
MHESX	MH Elite Select Portfolio of Funds Fund	0.21%	—	Apr 2006	NRIIX vs MHESX
JNSMX	Janus Henderson Global Allocation Fund - Moderate	0.25%	—	Dec 2005	NRIIX vs JNSMX

Best Risk-Adjusted Alternatives to NRIIX

NRIIX has a PortfoliosLab risk / return rank of 73. There are 25 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
TIBAX	Thornburg Investment Income Builder Fund	97	—	Dec 2002	NRIIX vs TIBAX
GBFFX	GMO Benchmark-Free Fund	95	—	Jun 2011	NRIIX vs GBFFX
PDSYX	Principal Diversified Select Real Asset Fund	95	—	Jul 2019	NRIIX vs PDSYX
GIMFX	GMO Implementation Fund	95	—	Feb 2012	NRIIX vs GIMFX
GBMFX	GMO Benchmark-Free Allocation Fund	95	—	Jul 2003	NRIIX vs GBMFX

Top Performing NRIIX Alternatives (YTD)

NRIIX is at 6.83% YTD. There are 50 mutual funds in the Global Allocation category with higher YTD returns, going as high as 22.73%.

Symbol	Name	YTD Return	AUM	Inception
CHW	Calamos Global Dynamic Income Fund	22.73%	—	Jun 2007	NRIIX vs CHW
CGO	Calamos Global Total Return Fund	21.26%	—	Oct 2005	NRIIX vs CGO
TIBAX	Thornburg Investment Income Builder Fund	16.02%	—	Dec 2002	NRIIX vs TIBAX
NMAI	Nuveen Multi-Asset Income Fund	14.86%	—	Nov 2021	NRIIX vs NMAI
WMRIX	Wilmington Real Asset Fund	14.45%	—	Jun 2003	NRIIX vs WMRIX

Lowest Volatility Alternatives to NRIIX

NRIIX has 5.89% 1-year volatility. There are 3 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.04%.

Symbol	Name	Volatility 1Y	AUM	Inception
PDSYX	Principal Diversified Select Real Asset Fund	3.04%	—	Jul 2019	NRIIX vs PDSYX
PFADX	PFG BNY Mellon Diversifier Strategy Fund	4.43%	—	Dec 2017	NRIIX vs PFADX
LFMIX	LoCorr Macro Strategies Fund Class I	5.65%	—	Mar 2011	NRIIX vs LFMIX
PMFYX	Pioneer Multi-Asset Income Fund	5.94%	—	Dec 2011	NRIIX vs PMFYX
MHEIX	MH Elite Income Fund of Funds	6.25%	—	Aug 2011	NRIIX vs MHEIX

Lowest Drawdown Alternatives to NRIIX

NRIIX has a 1-year max drawdown of -4.90%. There are 7 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PDSYX	Principal Diversified Select Real Asset Fund	-1.98%	—	Jul 2019	NRIIX vs PDSYX
LFMIX	LoCorr Macro Strategies Fund Class I	-2.60%	—	Mar 2011	NRIIX vs LFMIX
PFADX	PFG BNY Mellon Diversifier Strategy Fund	-3.63%	—	Dec 2017	NRIIX vs PFADX
PMFYX	Pioneer Multi-Asset Income Fund	-4.08%	—	Dec 2011	NRIIX vs PMFYX
MSTGX	Morningstar Global Income Fund	-4.38%	—	Nov 2018	NRIIX vs MSTGX

Other Mutual Funds from Nuveen

The 10 most viewed Nuveen mutual funds shown here include TIEIX, QQQX, TILIX and span 11 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TIEIX	Nuveen Equity Index Fund Class I	Large Cap Blend Equities	61	10.75%	—	Jul 1999	NRIIX vs TIEIX
QQQX	Nuveen Nasdaq 100 Dynamic Overwrite Fund	Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed	67	11.69%	—	Jan 2007	NRIIX vs QQQX
TILIX	Nuveen Large Cap Growth Index Fund R6 Class	Large Cap Growth Equities	16	3.21%	—	Oct 2002	NRIIX vs TILIX
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	S&P 500	23	8.01%	—	Nov 2005	NRIIX vs SPXX
NHMRX	Nuveen High Yield Municipal Bond Fund	High Yield Muni	82	3.74%	—	Jun 1999	NRIIX vs NHMRX
JQC	Nuveen Credit Strategies Income Fund	Bank Loan	3	1.98%	—	Jun 2003	NRIIX vs JQC
NSBRX	Nuveen Dividend Growth Fund	Large Cap Blend Equities	17	3.61%	—	Mar 2006	NRIIX vs NSBRX
NPSRX	Nuveen Preferred Securities & Income Fund	Preferred Stock/Convertible Bonds	74	0.92%	—	Dec 2006	NRIIX vs NPSRX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	High Yield Muni	82	2.42%	—	Jan 2013	NRIIX vs NVHIX
NVLIX	Nuveen Winslow Large-Cap Growth ESG Fund Class I	Large Cap Growth Equities, ESG	12	6.35%	—	May 2009	NRIIX vs NVLIX

Often Compared With NRIIX

Investors most often compare NRIIX with ASET, SVAIX, VOO. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ASET	FlexShares Real Assets Allocation Index Fund	Diversified Portfolio	—	—	7.49M	Nov 2015	NRIIX vs ASET
SVAIX	Federated Hermes Strategic Value Dividend Fund	Large Cap Value Equities	86	13.08%	—	Mar 2005	NRIIX vs SVAIX
VOO	Vanguard S&P 500 ETF	S&P 500	67	10.87%	1.70T	Sep 2010	NRIIX vs VOO
FREL	Fidelity MSCI Real Estate Index ETF	REIT	31	12.28%	1.45B	Feb 2015	NRIIX vs FREL
CIBFX	American Funds Capital Income Builder Fund Class F...	Global Allocation	70	8.43%	—	Jul 1987	NRIIX vs CIBFX
CVLOX	Calamos Global Opportunities Fund	Global Allocation	40	14.37%	—	Sep 1996	NRIIX vs CVLOX
FESGX	First Eagle Global Fund Class C	Global Allocation	46	5.09%	—	Jan 1979	NRIIX vs FESGX
TRXAX	Catalyst/MAP Global Balanced Fund	Global Allocation	63	6.34%	—	Jul 2011	NRIIX vs TRXAX
PDPAX	Virtus Duff & Phelps Real Asset Fund	Global Allocation	78	12.25%	—	Nov 2005	NRIIX vs PDPAX
PDAVX	PineBridge Dynamic Asset Allocation Fund	Global Allocation	23	4.76%	—	Mar 2016	NRIIX vs PDAVX
HGLB	Highland Global Allocation Fund	Global Allocation	3	-13.26%	—	Jan 1998	NRIIX vs HGLB
FFACX	Franklin Global Allocation Fund Class C	Global Allocation	61	7.12%	—	Aug 2003	NRIIX vs FFACX
WARAX	Allspring Absolute Return Fund	Global Allocation	89	12.79%	—	Feb 2012	NRIIX vs WARAX
PIALX	Pioneer Solutions - Balanced Fund	Global Allocation	84	7.36%	—	Aug 2004	NRIIX vs PIALX
RALIX	Lazard Real Assets Portfolio	Global Allocation	82	11.94%	—	Dec 2016	NRIIX vs RALIX
GMWAX	GMO Global Asset Allocation Fund	Global Allocation	90	11.06%	—	Oct 1996	NRIIX vs GMWAX
HRLYX	Hartford Real Asset Fund	Global Allocation	92	11.83%	—	May 2010	NRIIX vs HRLYX
IGA	Voya Global Advantage and Premium Opportunity Fund	Global Allocation	44	7.93%	—	Oct 2005	NRIIX vs IGA
RAPZX	Cohen & Steers Real Assets Fund Inc	Global Allocation	39	11.38%	—	Jan 2012	NRIIX vs RAPZX
FEBIX	First Eagle Global Income Builder Fund	Global Allocation	66	7.48%	—	Apr 2012	NRIIX vs FEBIX

Compare NRIIX with Any Fund or Stock

Compare NRIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair NRIIX with funds that move differently

Nuveen Real Asset Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NRIIX.

Explore NRIIX Diversifiers

Nuveen Real Asset Income Fund (NRIIX) Alternatives