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% | 355.20B | Jul 1997 | SPXX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 143.85B | 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 15. There are 35 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 65.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 65 | — | Dec 2013 | SPXX vs SPINX | |
| Fidelity 500 Index Fund | 65 | — | Feb 1988 | SPXX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 65 | 355.20B | Jul 1997 | SPXX vs VIIIX | |
| Vanguard Institutional Index Fund Institutional Sh... | 65 | 355.20B | Jul 1990 | SPXX vs VINIX | |
| State Street Equity 500 Index Fund Class K | 65 | — | Sep 2014 | SPXX vs SSSYX |
Top Performing SPXX Alternatives (YTD)
SPXX is at 3.44% YTD. There are 34 mutual funds in the S&P 500 category with higher YTD returns, going as high as 13.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 13.76% | — | May 2006 | SPXX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 10.27% | — | Jul 1997 | SPXX vs VADDX | |
| Victory 500 Index Fund | 10.00% | — | May 2002 | SPXX vs USPRX | |
| Fidelity 500 Index Fund | 9.79% | — | Feb 1988 | SPXX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Sh... | 9.78% | 355.20B | Jul 1990 | SPXX vs VINIX |
Lowest Volatility Alternatives to SPXX
SPXX has 12.45% 1-year volatility. There are 3 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 9.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 9.33% | 236.88M | Feb 2016 | SPXX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 10.86% | — | Sep 2017 | SPXX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.93% | — | Jul 1997 | SPXX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.45% | — | Apr 1992 | SPXX vs SPFIX | |
| CYBER HORNET S&P 500 | 12.47% | — | Mar 2017 | SPXX vs INDEX |
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 -7.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -7.15% | 236.88M | Feb 2016 | SPXX vs PUTW | |
| 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% | 143.85B | May 1997 | SPXX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | SPXX vs FXAIX |
Other Mutual Funds from Nuveen
The 10 most viewed Nuveen mutual funds shown here include TIEIX, QQQX, NHMRX and span 12 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Equity Index Fund Class I | Large Cap Blend Equities | 63 | 10.07% | — | Jul 1999 | SPXX vs TIEIX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | 50 | 7.43% | — | Jan 2007 | SPXX vs QQQX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 61 | 3.32% | — | Jun 1999 | SPXX vs NHMRX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 5 | 2.20% | — | Jun 2003 | SPXX vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 15 | 1.69% | — | Mar 2006 | SPXX vs NSBRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock/Convertible Bonds | 74 | 0.60% | — | Dec 2006 | SPXX vs NPSRX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 65 | 2.04% | — | Jan 2013 | SPXX vs NVHIX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 14 | 6.96% | — | May 2009 | SPXX vs NVLIX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 82 | 20.50% | — | Dec 1987 | SPXX vs FASEX | |
| Nuveen Equity Long/Short Fund | Long-Short | 60 | 8.59% | — | Dec 2008 | SPXX vs NELIX |
Often Compared With SPXX
Investors most often compare SPXX with ADX, PQIPX, NVDA. These 20 comparison targets span 13 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