Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) belongs to the Derivative Income category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with QQQX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QQQX
QQQX charges 0.89% annually. There are 8 mutual funds in the Derivative Income category with lower expense ratios, going as low as 0.44%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 0.44% | 236.88M | Feb 2016 | QQQX vs PUTW | |
| USCF Gold Strategy Plus Income Fund | 0.45% | — | Nov 2021 | QQQX vs USG | |
| JPMorgan Equity Premium Income Fund Class I | 0.59% | — | Aug 2018 | QQQX vs JEPIX | |
| Shelton Equity Income Fund | 0.72% | — | Sep 1996 | QQQX vs EQTIX | |
| Cullen Enhanced Equity Income Fund | 0.75% | — | Dec 2015 | QQQX vs ENHNX |
Best Risk-Adjusted Alternatives to QQQX
QQQX has a PortfoliosLab risk / return rank of 72. There are 2 mutual funds in the Derivative Income category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Enhanced Large Cap Core Fund | 89 | — | Apr 2004 | QQQX vs CII | |
| Virtus Equity & Convertible Income Fund | 77 | — | Feb 2007 | QQQX vs NIE | |
| Invesco Income Advantage U.S. Fund | 68 | — | Mar 2006 | QQQX vs SCAUX | |
| BlackRock High Equity Income Fund | 65 | — | Apr 1998 | QQQX vs BMCIX | |
| BlackRock High Equity Income Fund Class A | 63 | — | May 1998 | QQQX vs BMEAX |
Top Performing QQQX Alternatives (YTD)
QQQX is at 12.31% YTD. There are 2 mutual funds in the Derivative Income category with higher YTD returns, going as high as 15.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | 15.39% | — | Sep 2021 | QQQX vs ECAT | |
| BlackRock Enhanced Large Cap Core Fund | 14.56% | — | Apr 2004 | QQQX vs CII | |
| Virtus Equity & Convertible Income Fund | 12.16% | — | Feb 2007 | QQQX vs NIE | |
| Catalyst Nasdaq-100 Hedged Equity Fund | 11.66% | — | Dec 2013 | QQQX vs CLPAX | |
| BlackRock High Equity Income Fund | 10.98% | — | Apr 1998 | QQQX vs BMCIX |
Lowest Volatility Alternatives to QQQX
QQQX has 15.73% 1-year volatility. There are 20 mutual funds in the Derivative Income category with lower 1-year volatility, going as low as 8.71%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan Equity Premium Income Fund Class I | 8.71% | — | Aug 2018 | QQQX vs JEPIX | |
| JPMorgan Equity Premium Income Fund Class A | 8.76% | — | Aug 2018 | QQQX vs JEPAX | |
| The Covered Bridge Fund | 8.77% | — | Sep 2013 | QQQX vs TCBIX | |
| Crossmark Steward Covered Call Income Fund | 8.86% | — | Dec 2017 | QQQX vs SCJIX | |
| Madison Covered Call & Equity Income Fund | 9.51% | — | Oct 2009 | QQQX vs MENYX |
Lowest Drawdown Alternatives to QQQX
QQQX has a 1-year max drawdown of -9.11%. There are 11 mutual funds in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -5.26%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| The Covered Bridge Fund | -5.26% | — | Sep 2013 | QQQX vs TCBIX | |
| Cullen Enhanced Equity Income Fund | -6.34% | — | Dec 2015 | QQQX vs ENHNX | |
| Invesco Income Advantage U.S. Fund | -7.05% | — | Mar 2006 | QQQX vs SCAUX | |
| Shelton Equity Income Fund | -7.10% | — | Sep 1996 | QQQX vs EQTIX | |
| JPMorgan Equity Premium Income Fund Class I | -7.41% | — | Aug 2018 | QQQX vs JEPIX |
Other Mutual Funds from Nuveen
The 10 most viewed Nuveen mutual funds shown here include TIEIX, TILIX, SPXX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Equity Index Fund Class I | Large Cap Blend Equities | 64 | 11.18% | — | Jul 1999 | QQQX vs TIEIX | |
| Nuveen Large Cap Growth Index Fund R6 Class | Large Cap Growth Equities | 18 | 4.63% | — | Oct 2002 | QQQX vs TILIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 24 | 8.42% | — | Nov 2005 | QQQX vs SPXX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 86 | 3.81% | — | Jun 1999 | QQQX vs NHMRX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 2.19% | — | Jun 2003 | QQQX vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 16 | 3.44% | — | Mar 2006 | QQQX vs NSBRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock/Convertible Bonds | 74 | 0.92% | — | Dec 2006 | QQQX vs NPSRX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 86 | 2.42% | — | Jan 2013 | QQQX vs NVHIX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 13 | 7.75% | — | May 2009 | QQQX vs NVLIX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 81 | 20.48% | — | Dec 1987 | QQQX vs FASEX |
Often Compared With QQQX
Investors most often compare QQQX with QQQ, QYLD, SCHD. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare QQQX with Any Fund or Stock
Compare QQQX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QQQX with funds that move differently
Nuveen Nasdaq 100 Dynamic Overwrite Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQQX.
Explore QQQX Diversifiers