SPXX Alternatives & Similar Mutual Funds

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
BSPGX	iShares S&P 500 Index Fund Class G	0.01%	—	Jul 2019	SPXX vs BSPGX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	0.02%	355.20B	Jul 1997	SPXX vs VIIIX
SWPPX	Schwab S&P 500 Index Fund	0.02%	145.69B	May 1997	SPXX vs SWPPX
FXAIX	Fidelity 500 Index Fund	0.02%	—	Feb 1988	SPXX vs FXAIX
SSSYX	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 19. There are 33 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
SPINX	SEI Institutional Investments Trust S&P 500 Index ...	66	—	Dec 2013	SPXX vs SPINX
PLFIX	Principal Large Cap S&P 500 Index Fund Institution...	65	—	Mar 2001	SPXX vs PLFIX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	65	355.20B	Jul 1997	SPXX vs VIIIX
BSPGX	iShares S&P 500 Index Fund Class G	65	—	Jul 2019	SPXX vs BSPGX
VINIX	Vanguard Institutional Index Fund Institutional Sh...	65	355.20B	Jul 1990	SPXX vs VINIX

Top Performing SPXX Alternatives (YTD)

SPXX is at 6.85% YTD. There are 34 mutual funds in the S&P 500 category with higher YTD returns, going as high as 16.23%.

Symbol	Name	YTD Return	AUM	Inception
DXSLX	Direxion Monthly S&P 500 Bull 1.75X Fund	16.23%	—	May 2006	SPXX vs DXSLX
VADDX	Invesco Equally-Weighted S&P 500 Fund	12.75%	—	Jul 1997	SPXX vs VADDX
USPRX	Victory 500 Index Fund	11.49%	—	May 2002	SPXX vs USPRX
SWPPX	Schwab S&P 500 Index Fund	11.35%	145.69B	May 1997	SPXX vs SWPPX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	11.34%	355.20B	Jul 1997	SPXX vs VIIIX

Lowest Volatility Alternatives to SPXX

SPXX has 12.69% 1-year volatility. There are 32 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 11.05%.

Symbol	Name	Volatility 1Y	AUM	Inception
KNGLX	CBOE Vest S&P 500 Dividend Aristocrats Target Inco...	11.05%	—	Sep 2017	SPXX vs KNGLX
VADDX	Invesco Equally-Weighted S&P 500 Fund	11.84%	—	Jul 1997	SPXX vs VADDX
SPFIX	Shelton Capital Management S&P 500 Index Fund	12.46%	—	Apr 1992	SPXX vs SPFIX
INDEX	CYBER HORNET S&P 500	12.49%	—	Mar 2017	SPXX vs INDEX
PLSAX	Principal LargeCap S&P 500 Index Fund Class A	12.49%	—	Feb 2001	SPXX vs PLSAX

Lowest Drawdown Alternatives to SPXX

SPXX has a 1-year max drawdown of -11.86%. There are 32 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
VADDX	Invesco Equally-Weighted S&P 500 Fund	-7.88%	—	Jul 1997	SPXX vs VADDX
SSSYX	State Street Equity 500 Index Fund Class K	-8.88%	—	Sep 2014	SPXX vs SSSYX
SWPPX	Schwab S&P 500 Index Fund	-8.89%	145.69B	May 1997	SPXX vs SWPPX
FXAIX	Fidelity 500 Index Fund	-8.89%	—	Feb 1988	SPXX vs FXAIX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	-8.90%	355.20B	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
TIEIX	Nuveen Equity Index Fund Class I	Large Cap Blend Equities	63	11.62%	—	Jul 1999	SPXX vs TIEIX
QQQX	Nuveen Nasdaq 100 Dynamic Overwrite Fund	Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed	64	11.14%	—	Jan 2007	SPXX vs QQQX
TILIX	Nuveen Large Cap Growth Index Fund R6 Class	Large Cap Growth Equities	19	5.24%	—	Oct 2002	SPXX vs TILIX
NHMRX	Nuveen High Yield Municipal Bond Fund	High Yield Muni	79	3.88%	—	Jun 1999	SPXX vs NHMRX
JQC	Nuveen Credit Strategies Income Fund	Bank Loan	3	1.77%	—	Jun 2003	SPXX vs JQC
NSBRX	Nuveen Dividend Growth Fund	Large Cap Blend Equities	16	3.86%	—	Mar 2006	SPXX vs NSBRX
NPSRX	Nuveen Preferred Securities & Income Fund	Preferred Stock/Convertible Bonds	73	1.04%	—	Dec 2006	SPXX vs NPSRX
NVLIX	Nuveen Winslow Large-Cap Growth ESG Fund Class I	Large Cap Growth Equities, ESG	14	8.29%	—	May 2009	SPXX vs NVLIX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	High Yield Muni	77	2.42%	—	Jan 2013	SPXX vs NVHIX
FASEX	Nuveen Mid Cap Value Fund	Mid Cap Value Equities	79	20.62%	—	Dec 1987	SPXX vs FASEX

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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ADX	Adams Diversified Equity Fund, Inc.	Large Cap Blend Equities	81	15.83%	—	Jan 1990	SPXX vs ADX
NVDA	NVIDIA Corporation		65	9.26%	—	—	SPXX vs NVDA
PQIPX	PIMCO Dividend and Income Fund	Global Allocation	90	9.26%	—	Dec 2011	SPXX vs PQIPX
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	50	28.66%	36.33B	Dec 1998	SPXX vs XLE
RQI	Cohen & Steers Quality Income Realty Fund, Inc.		61	12.44%	—	Feb 2002	SPXX vs RQI
GPIX	Goldman Sachs S&P 500 Premium Income ETF	Derivative Income, S&P 500	76	10.17%	4.77B	Oct 2023	SPXX vs GPIX
NASDX	Shelton Capital Management Nasdaq-100 Index Fund D...	Large Cap Growth Equities	60	18.34%	—	Jan 2000	SPXX vs NASDX
DLY	DoubleLine Yield Opportunities Fund	Multisector Bonds	4	1.68%	—	Feb 2020	SPXX vs DLY
YACKX	AMG Yacktman Fund	Large Cap Value Equities	86	15.35%	—	Jul 1992	SPXX vs YACKX
USA	Liberty All-Star Equity Fund		33	0.24%	—	—	SPXX vs USA
CEF	Sprott Physical Gold and Silver Trust	Gold, Silver, Precious Metals	13	-13.23%	—	Jan 2018	SPXX vs CEF
NUV	Nuveen Municipal Value Fund Inc.	Municipal Bonds	57	3.40%	—	Apr 1987	SPXX vs NUV
BSPIX	iShares S&P 500 Index Fund Institutional Class	S&P 500	64	11.29%	—	Apr 1993	SPXX vs BSPIX
TRIRX	Nuveen Large Cap Growth Index Fund Retirement Clas...	Large Cap Growth Equities	19	5.10%	—	Oct 2002	SPXX vs TRIRX
FFEIX	Nuveen Dividend Value Fund	Large Cap Value Equities	69	12.76%	—	Dec 1992	SPXX vs FFEIX
JFR	Nuveen Floating Rate Income Fund	High Yield Bonds	5	4.74%	—	Mar 2004	SPXX vs JFR
SPXV	ProShares S&P 500 Ex-Health Care ETF	S&P 500	61	10.82%	39.81M	Sep 2015	SPXX vs SPXV
TTIHX	Nuveen Lifecycle Index 2055 Fund Class I	Target Retirement Date	65	11.59%	—	Dec 2015	SPXX vs TTIHX
FMOTX	Nuveen Missouri Municipal Bond Fund	Municipal Bonds	86	1.88%	—	Aug 1987	SPXX vs FMOTX
TRSPX	Nuveen S&P 500 Index Fund Retirement Class	S&P 500	63	11.18%	—	Oct 2002	SPXX vs TRSPX

Compare SPXX with Any Fund or Stock

Compare SPXX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) Alternatives