Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SPXX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPXX
SPXX charges 0.89% annually. There are 30 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class G | 0.01% | — | Jul 2019 | SPXX vs BSPGX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 349.70B | Jul 1997 | SPXX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 144.34B | May 1997 | SPXX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | SPXX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | SPXX vs SSSYX |
Best Risk-Adjusted Alternatives to SPXX
SPXX has a PortfoliosLab risk / return rank of 31. There are 34 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 66.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Equally-Weighted S&P 500 Fund | 66 | — | Jul 1997 | SPXX vs VADDX | |
| Fidelity 500 Index Fund | 59 | — | Feb 1988 | SPXX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 59 | 349.70B | Jul 1997 | SPXX vs VIIIX | |
| State Street Equity 500 Index Fund Class K | 59 | — | Sep 2014 | SPXX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Sh... | 59 | 349.70B | Jul 1990 | SPXX vs VINIX |
Top Performing SPXX Alternatives (YTD)
SPXX is at 8.76% YTD. There are 35 mutual funds in the S&P 500 category with higher YTD returns, going as high as 13.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 13.73% | — | May 2006 | SPXX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 13.07% | — | Jul 1997 | SPXX vs VADDX | |
| Fidelity 500 Index Fund | 10.13% | — | Feb 1988 | SPXX vs FXAIX | |
| Victory 500 Index Fund | 10.13% | — | May 2002 | SPXX vs USPRX | |
| Vanguard Institutional Index Fund Institutional Pl... | 10.12% | 349.70B | Jul 1997 | SPXX vs VIIIX |
Lowest Volatility Alternatives to SPXX
SPXX has 12.97% 1-year volatility. There are 32 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 11.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 11.33% | — | Sep 2017 | SPXX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.77% | — | Jul 1997 | SPXX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.81% | — | Apr 1992 | SPXX vs SPFIX | |
| CYBER HORNET S&P 500 | 12.84% | — | Mar 2017 | SPXX vs INDEX | |
| iShares S&P 500 Index Fund Investor A Shares | 12.85% | — | Jul 1993 | SPXX vs BSPAX |
Lowest Drawdown Alternatives to SPXX
SPXX has a 1-year max drawdown of -11.86%. There are 33 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.88%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | SPXX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | SPXX vs SSSYX | |
| Schwab S&P 500 Index Fund | -8.89% | 144.34B | May 1997 | SPXX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | SPXX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | -8.90% | 349.70B | Jul 1997 | SPXX vs VIIIX |
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 | |
|---|---|---|---|---|---|---|---|
| Nuveen Equity Index Fund Class I | Large Cap Blend Equities | 58 | 10.32% | — | Jul 1999 | SPXX vs TIEIX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | 63 | 10.40% | — | Jan 2007 | SPXX vs QQQX | |
| Nuveen Large Cap Growth Index Fund R6 Class | Large Cap Growth Equities | 10 | 0.47% | — | Oct 2002 | SPXX vs TILIX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 2.40% | — | Jun 2003 | SPXX vs JQC | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 85 | 2.14% | — | Jun 1999 | SPXX vs NHMRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock | 69 | 0.93% | — | Dec 2006 | SPXX vs NPSRX | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 27 | 5.21% | — | Mar 2006 | SPXX vs NSBRX | |
| Nuveen Flexible Income Fund | Diversified Portfolio | 96 | 5.34% | — | Dec 2009 | SPXX vs NWQIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 88 | 1.83% | — | Jan 2013 | SPXX vs NVHIX | |
| Nuveen Municipal Credit Income Fund | Municipal Bonds | 31 | 1.26% | — | Mar 2001 | SPXX vs NZF |
Often Compared With SPXX
Investors most often compare SPXX with ADX, NVDA, PQIPX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare SPXX with Any Fund or Stock
Compare SPXX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPXX with funds that move differently
Nuveen S&P 500 Dynamic Overwrite Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPXX.
Explore SPXX Diversifiers