CONWX vs. NWQIX
Compare and contrast key facts about Concorde Wealth Management Fund (CONWX) and Nuveen Flexible Income Fund (NWQIX).
CONWX is managed by BlackRock. It was launched on Dec 3, 1987. NWQIX is managed by Nuveen. It was launched on Dec 8, 2009.
Performance
CONWX vs. NWQIX - Performance Comparison
Loading graphics...
CONWX vs. NWQIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CONWX Concorde Wealth Management Fund | 8.18% | 11.95% | 13.58% | 0.20% | -2.51% | 19.73% | 8.76% | 16.84% | -1.95% | 7.17% |
NWQIX Nuveen Flexible Income Fund | -0.33% | 12.22% | 6.03% | 11.61% | -13.64% | 4.94% | 5.54% | 18.57% | -4.07% | 9.18% |
Returns By Period
In the year-to-date period, CONWX achieves a 8.18% return, which is significantly higher than NWQIX's -0.33% return. Over the past 10 years, CONWX has outperformed NWQIX with an annualized return of 8.62%, while NWQIX has yielded a comparatively lower 5.38% annualized return.
CONWX
- 1D
- -0.62%
- 1M
- -1.70%
- YTD
- 8.18%
- 6M
- 11.51%
- 1Y
- 17.28%
- 3Y*
- 12.45%
- 5Y*
- 7.53%
- 10Y*
- 8.62%
NWQIX
- 1D
- 0.00%
- 1M
- -2.94%
- YTD
- -0.33%
- 6M
- 2.27%
- 1Y
- 10.77%
- 3Y*
- 9.04%
- 5Y*
- 3.81%
- 10Y*
- 5.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CONWX vs. NWQIX - Expense Ratio Comparison
CONWX has a 1.41% expense ratio, which is higher than NWQIX's 0.70% expense ratio.
Return for Risk
CONWX vs. NWQIX — Risk / Return Rank
CONWX
NWQIX
CONWX vs. NWQIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Concorde Wealth Management Fund (CONWX) and Nuveen Flexible Income Fund (NWQIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CONWX | NWQIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.70 | 2.58 | -0.88 |
Sortino ratioReturn per unit of downside risk | 2.36 | 3.49 | -1.13 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.56 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.99 | 2.91 | -0.92 |
Martin ratioReturn relative to average drawdown | 11.30 | 11.90 | -0.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CONWX | NWQIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 2.58 | -0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.68 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.86 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.72 | +0.06 |
Correlation
The correlation between CONWX and NWQIX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
CONWX vs. NWQIX - Dividend Comparison
CONWX's dividend yield for the trailing twelve months is around 3.41%, less than NWQIX's 5.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CONWX Concorde Wealth Management Fund | 3.41% | 3.69% | 10.55% | 2.16% | 7.85% | 3.63% | 3.86% | 2.16% | 5.09% | 2.48% | 0.00% | 0.00% |
NWQIX Nuveen Flexible Income Fund | 5.75% | 6.52% | 5.20% | 7.84% | 7.02% | 4.39% | 4.82% | 5.71% | 6.23% | 5.67% | 5.52% | 5.70% |
Drawdowns
CONWX vs. NWQIX - Drawdown Comparison
The maximum CONWX drawdown since its inception was -26.09%, which is greater than NWQIX's maximum drawdown of -23.89%. Use the drawdown chart below to compare losses from any high point for CONWX and NWQIX.
Loading graphics...
Drawdown Indicators
| CONWX | NWQIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.09% | -23.89% | -2.20% |
Max Drawdown (1Y)Largest decline over 1 year | -8.60% | -3.75% | -4.85% |
Max Drawdown (5Y)Largest decline over 5 years | -12.49% | -17.75% | +5.26% |
Max Drawdown (10Y)Largest decline over 10 years | -26.09% | -23.89% | -2.20% |
Current DrawdownCurrent decline from peak | -2.03% | -2.94% | +0.91% |
Average DrawdownAverage peak-to-trough decline | -2.78% | -3.04% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 0.92% | +0.60% |
Volatility
CONWX vs. NWQIX - Volatility Comparison
Concorde Wealth Management Fund (CONWX) has a higher volatility of 2.12% compared to Nuveen Flexible Income Fund (NWQIX) at 1.50%. This indicates that CONWX's price experiences larger fluctuations and is considered to be riskier than NWQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CONWX | NWQIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.12% | 1.50% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 5.43% | 2.76% | +2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.70% | 4.41% | +6.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.26% | 5.64% | +4.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.15% | 6.31% | +4.84% |