FARCX vs. BXMX

Last updated Jun 5, 2026

FARCX (Nuveen Real Estate Securities Fund) and BXMX (Nuveen S&P 500 Buy-Write Income Fund) are both mutual funds - FARCX is a REIT fund managed by Nuveen, while BXMX is a S&P 500 fund actively managed by Nuveen. At a 0.45 correlation, their price movements are largely independent. FARCX charges 0.97%/yr vs 0.89%/yr for BXMX.

Performance

FARCX vs. BXMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Real Estate Securities Fund (FARCX) and Nuveen S&P 500 Buy-Write Income Fund (BXMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FARCX

• 1D: -0.06%
• 1M: -1.72%
• YTD: 11.57%
• 6M: 11.04%
• 1Y: 14.09%
• 3Y*: 9.90%
• 5Y*: 3.81%
• 10Y*: 5.60%

BXMX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FARCX vs. BXMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FARCX Nuveen Real Estate Securities Fund	11.57%	2.56%	6.04%	11.55%	-24.57%	41.57%	-6.14%	25.63%	-5.57%	5.67%
BXMX Nuveen S&P 500 Buy-Write Income Fund	-8.03%	13.74%	17.26%	9.10%	-7.18%	20.83%	1.11%	22.22%	-9.06%	19.76%

Correlation

The correlation between FARCX and BXMX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Oct 28, 2004	0.45

Over the past year, the correlation between FARCX and BXMX has dropped to 0.15 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.

Return for Risk

FARCX vs. BXMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FARCX

FARCX Risk / Return Rank: 19
FARCX Sharpe Ratio Rank: 16
FARCX Sortino Ratio Rank: 15
FARCX Omega Ratio Rank: 15
FARCX Calmar Ratio Rank: 25
FARCX Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FARCX vs. BXMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Real Estate Securities Fund (FARCX) and Nuveen S&P 500 Buy-Write Income Fund (BXMX). 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.

	FARCX	BXMX	Difference
Sharpe ratio: Return per unit of total volatility	1.11	—	—
Sortino ratio: Return per unit of downside risk	1.55	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.83	—	—
Martin ratio: Return relative to average drawdown	5.96	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FARCX	BXMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	—	—

Drawdowns

Drawdown Indicators

	FARCX	BXMX	Difference
Max Drawdown Largest peak-to-trough decline	-70.62%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.59%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.77%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.05%	—	—
Current Drawdown Current decline from peak	-3.26%	—	—
Average Drawdown Average peak-to-trough decline	-10.45%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	—	—

Volatility

Volatility by Period

	FARCX	BXMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.98%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.34%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.15%	—	—

FARCX vs. BXMX - Expense Ratio Comparison

FARCX has a 0.97% expense ratio, which is higher than BXMX's 0.89% expense ratio.

Dividends

FARCX vs. BXMX - Dividend Comparison

FARCX's dividend yield for the trailing twelve months is around 5.22%, less than BXMX's 8.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BXMX Nuveen S&P 500 Buy-Write Income Fund	8.22%	7.41%	7.02%	7.37%	7.48%	5.87%	6.81%	6.76%	8.12%	6.41%	7.33%	7.42%
FARCX Nuveen Real Estate Securities Fund	5.22%	5.77%	9.34%	3.30%	20.25%	15.12%	2.89%	11.46%	6.19%	13.43%	10.99%	8.24%

Frequently Asked Questions

Can I hold both FARCX and BXMX in my portfolio?

FARCX and BXMX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.