FARCX vs. QQQX

Last updated Apr 2, 2026

Compare and contrast key facts about Nuveen Real Estate Securities Fund (FARCX) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX).

FARCX is managed by Nuveen. It was launched on Jun 30, 1995. QQQX is a passively managed fund by Nuveen that tracks the performance of the Nasdaq 100 Index. It was launched on Jan 30, 2007.

Performance

FARCX vs. QQQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Real Estate Securities Fund (FARCX) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX). The values are adjusted to include any dividend payments, if applicable.

FARCX vs. QQQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FARCX Nuveen Real Estate Securities Fund	3.59%	2.56%	6.04%	11.55%	-24.57%	41.57%	-6.14%	25.63%	-5.57%	5.67%
QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund	-0.51%	14.87%	25.61%	21.68%	-27.39%	25.32%	15.75%	28.83%	-11.68%	39.19%

Returns By Period

In the year-to-date period, FARCX achieves a 3.59% return, which is significantly higher than QQQX's -0.51% return. Over the past 10 years, FARCX has underperformed QQQX with an annualized return of 4.87%, while QQQX has yielded a comparatively higher 11.87% annualized return.

FARCX

• 1D: 0.87%
• 1M: -6.77%
• YTD: 3.59%
• 6M: 2.75%
• 1Y: 4.73%
• 3Y*: 6.97%
• 5Y*: 4.21%
• 10Y*: 4.87%

QQQX

• 1D: 4.05%
• 1M: 1.77%
• YTD: -0.51%
• 6M: 4.98%
• 1Y: 26.55%
• 3Y*: 13.53%
• 5Y*: 8.16%
• 10Y*: 11.87%

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

FARCX vs. QQQX - Expense Ratio Comparison

FARCX has a 0.97% expense ratio, which is higher than QQQX's 0.92% expense ratio.

FARCX

Nuveen Real Estate Securities Fund

QQQX

Nuveen NASDAQ 100 Dynamic Overwrite Fund

Return for Risk

FARCX vs. QQQX — Risk / Return Rank

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

FARCX

FARCX Risk / Return Rank: 12
FARCX Sharpe Ratio Rank: 10
FARCX Sortino Ratio Rank: 9
FARCX Omega Ratio Rank: 9
FARCX Calmar Ratio Rank: 14
FARCX Martin Ratio Rank: 16

QQQX

QQQX Risk / Return Rank: 78
QQQX Sharpe Ratio Rank: 70
QQQX Sortino Ratio Rank: 73
QQQX Omega Ratio Rank: 75
QQQX Calmar Ratio Rank: 84
QQQX Martin Ratio Rank: 91

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. QQQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Real Estate Securities Fund (FARCX) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX). 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	QQQX	Difference
Sharpe ratio Return per unit of total volatility	0.29	1.26	-0.97
Sortino ratio Return per unit of downside risk	0.51	1.87	-1.36
Omega ratio Gain probability vs. loss probability	1.07	1.29	-0.22
Calmar ratio Return relative to maximum drawdown	0.47	2.10	-1.63
Martin ratio Return relative to average drawdown	1.94	10.38	-8.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FARCX vs. QQQX - Sharpe Ratio Comparison

The current FARCX Sharpe Ratio is 0.29, which is lower than the QQQX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of FARCX and QQQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FARCX	QQQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.29	1.26	-0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.41	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.57	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.46	-0.06

Correlation

The correlation between FARCX and QQQX is 0.48, 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

FARCX vs. QQQX - Dividend Comparison

FARCX's dividend yield for the trailing twelve months is around 4.87%, less than QQQX's 8.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FARCX Nuveen Real Estate Securities Fund	4.87%	5.77%	9.34%	3.30%	20.25%	15.12%	2.89%	11.46%	6.19%	13.43%	10.99%	8.24%
QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund	8.27%	7.85%	6.73%	7.26%	9.66%	5.85%	6.00%	6.49%	8.40%	5.95%	7.54%	7.23%

Drawdowns

FARCX vs. QQQX - Drawdown Comparison

The maximum FARCX drawdown since its inception was -70.62%, which is greater than QQQX's maximum drawdown of -57.25%. Use the drawdown chart below to compare losses from any high point for FARCX and QQQX.

Drawdown Indicators

	FARCX	QQQX	Difference
Max Drawdown Largest peak-to-trough decline	-70.62%	-57.25%	-13.37%
Max Drawdown (1Y) Largest decline over 1 year	-12.35%	-12.93%	+0.58%
Max Drawdown (5Y) Largest decline over 5 years	-31.77%	-29.33%	-2.44%
Max Drawdown (10Y) Largest decline over 10 years	-41.05%	-35.96%	-5.09%
Current Drawdown Current decline from peak	-6.77%	-0.86%	-5.91%
Average Drawdown Average peak-to-trough decline	-10.50%	-8.09%	-2.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	2.61%	+0.35%

Volatility

FARCX vs. QQQX - Volatility Comparison

The current volatility for Nuveen Real Estate Securities Fund (FARCX) is 4.22%, while Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) has a volatility of 8.15%. This indicates that FARCX experiences smaller price fluctuations and is considered to be less risky than QQQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FARCX	QQQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.22%	8.15%	-3.93%
Volatility (6M) Calculated over the trailing 6-month period	9.02%	11.99%	-2.97%
Volatility (1Y) Calculated over the trailing 1-year period	16.14%	21.13%	-4.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.36%	19.80%	-1.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.16%	21.05%	-0.89%