Nuveen Flexible Income Fund (NWQIX) Alternatives
Nuveen Flexible Income Fund (NWQIX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NWQIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to NWQIX
NWQIX charges 0.70% annually. Among mutual funds in the Diversified Portfolio category, these options have the lowest expense ratios among NWQIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | Jan 1, 2022 | NWQIX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | Sep 12, 2017 | NWQIX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | Dec 8, 2011 | NWQIX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | Dec 28, 2017 | NWQIX vs BWBIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | Feb 9, 2022 | NWQIX vs FYMIX |
Best Risk-Adjusted Alternatives to NWQIX
Among mutual funds in the Diversified Portfolio category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | Nov 16, 2003 | NWQIX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | Dec 24, 2002 | NWQIX vs TIBIX | |
| Chartwell Income Fund | 96 | Sep 2, 1987 | NWQIX vs BERIX | |
| Pioneer Multi-Asset Income Fund A | 93 | Dec 22, 2011 | NWQIX vs PMAIX | |
| SEI Institutional Managed Trust Multi-Asset Inflat... | 93 | Apr 8, 2012 | NWQIX vs SIFAX |
Top Performing NWQIX Alternatives (YTD)
NWQIX alternatives from the Diversified Portfolio category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | 9.34% | Apr 8, 2012 | NWQIX vs SIFAX | |
| PGIM Real Assets Fund | 9.23% | Dec 29, 2010 | NWQIX vs PUDZX | |
| ICON Equity Income Fund | 8.64% | May 9, 2004 | NWQIX vs IOEZX | |
| DWS RREEF Real Assets Fund - Class A | 8.59% | Jul 30, 2007 | NWQIX vs AAAAX | |
| Concorde Wealth Management Fund | 8.18% | Dec 3, 1987 | NWQIX vs CONWX |
Lowest Volatility Alternatives to NWQIX
NWQIX alternatives from the Diversified Portfolio category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.93% | Nov 16, 2003 | NWQIX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.64% | Apr 8, 2012 | NWQIX vs SCLAX | |
| Ave Maria Bond Fund | 3.44% | Apr 30, 2003 | NWQIX vs AVEFX | |
| American Funds College 2027 Fund | 3.47% | Sep 13, 2012 | NWQIX vs CSTAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 3.66% | Nov 16, 2003 | NWQIX vs SICIX |
Lowest Drawdown Alternatives to NWQIX
NWQIX alternatives from the Diversified Portfolio category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.59% | Nov 16, 2003 | NWQIX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | Apr 8, 2012 | NWQIX vs SCLAX | |
| Ave Maria Bond Fund | -2.52% | Apr 30, 2003 | NWQIX vs AVEFX | |
| American Funds College 2027 Fund | -2.72% | Sep 13, 2012 | NWQIX vs CSTAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.73% | Nov 16, 2003 | NWQIX vs SICIX |
Other Mutual Funds from Nuveen
Most popular Nuveen mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | Large Cap Growth Equities | 71 | -4.39% | Jan 30, 2007 | NWQIX vs QQQX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 9 | -9.14% | Nov 23, 2005 | NWQIX vs SPXX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 9 | 0.13% | Jun 26, 2003 | NWQIX vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 23 | -4.17% | Mar 28, 2006 | NWQIX vs NSBRX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 15 | -0.75% | Jun 6, 1999 | NWQIX vs NHMRX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 49 | 2.64% | Dec 22, 1987 | NWQIX vs FASEX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 28 | -0.04% | Jan 31, 2013 | NWQIX vs NVHIX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 11 | -14.74% | May 15, 2009 | NWQIX vs NVLIX | |
| Nuveen Equity Long/Short Fund | Long-Short | 47 | -4.35% | Dec 29, 2008 | NWQIX vs NELIX | |
| Nuveen Real Estate Securities Fund | REIT | 13 | 2.69% | Jun 30, 1995 | NWQIX vs FARCX |
Often Compared With NWQIX
What investors most often compare with NWQIX, based on PortfoliosLab usage data.
Compare NWQIX with Any Fund or Stock
Compare NWQIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.