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 43 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | NRIIX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | NRIIX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | NRIIX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | NRIIX vs MHESX | |
| 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 54. There are 41 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | NRIIX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | NRIIX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 94 | — | Jul 2003 | NRIIX vs GBMFX | |
| GMO Implementation Fund | 94 | — | Feb 2012 | NRIIX vs GIMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | NRIIX vs SAWMX |
Top Performing NRIIX Alternatives (YTD)
NRIIX is at 5.72% YTD. There are 50 mutual funds in the Global Allocation category with higher YTD returns, going as high as 23.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 23.16% | — | Oct 2005 | NRIIX vs CGO | |
| Calamos Global Dynamic Income Fund | 21.48% | — | Jun 2007 | NRIIX vs CHW | |
| Thornburg Investment Income Builder Fund | 16.64% | — | Dec 2002 | NRIIX vs TIBAX | |
| Calamos Global Opportunities Fund | 15.00% | — | Sep 1996 | NRIIX vs CVLOX | |
| Leuthold Global Fund | 13.98% | — | Apr 2008 | NRIIX vs GLBIX |
Lowest Volatility Alternatives to NRIIX
NRIIX has 5.92% 1-year volatility. There are 4 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | NRIIX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.45% | — | Dec 2017 | NRIIX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.68% | — | Mar 2011 | NRIIX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.91% | — | Dec 2011 | NRIIX vs PMFYX | |
| 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 8 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 | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | NRIIX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | NRIIX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | NRIIX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | NRIIX vs PMFYX | |
| 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, SPXX and span 12 categories.
Often Compared With NRIIX
Investors most often compare NRIIX with ASET, SVAIX, FREL. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare NRIIX with Any Fund or Stock
Compare NRIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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