FEVIX vs. NWQIX

Last updated Apr 1, 2026

Compare and contrast key facts about First Eagle U.S. Value Fund (FEVIX) and Nuveen Flexible Income Fund (NWQIX).

FEVIX is managed by First Eagle. It was launched on Sep 3, 2001. NWQIX is managed by Nuveen. It was launched on Dec 8, 2009.

Performance

FEVIX vs. NWQIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Eagle U.S. Value Fund (FEVIX) and Nuveen Flexible Income Fund (NWQIX). The values are adjusted to include any dividend payments, if applicable.

FEVIX vs. NWQIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FEVIX First Eagle U.S. Value Fund	-0.55%	22.95%	15.94%	14.64%	-5.45%	18.89%	6.80%	19.72%	-5.56%	13.02%
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, FEVIX achieves a -0.55% return, which is significantly lower than NWQIX's -0.33% return. Over the past 10 years, FEVIX has outperformed NWQIX with an annualized return of 10.61%, while NWQIX has yielded a comparatively lower 5.38% annualized return.

FEVIX

• 1D: 0.08%
• 1M: -8.32%
• YTD: -0.55%
• 6M: 4.20%
• 1Y: 17.46%
• 3Y*: 15.81%
• 5Y*: 11.28%
• 10Y*: 10.61%

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%

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

FEVIX vs. NWQIX - Expense Ratio Comparison

FEVIX has a 0.83% expense ratio, which is higher than NWQIX's 0.70% expense ratio.

FEVIX

First Eagle U.S. Value Fund

NWQIX

Nuveen Flexible Income Fund

Return for Risk

FEVIX vs. NWQIX — Risk / Return Rank

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

FEVIX

FEVIX Risk / Return Rank: 77
FEVIX Sharpe Ratio Rank: 77
FEVIX Sortino Ratio Rank: 78
FEVIX Omega Ratio Rank: 77
FEVIX Calmar Ratio Rank: 78
FEVIX Martin Ratio Rank: 76

NWQIX

NWQIX Risk / Return Rank: 95
NWQIX Sharpe Ratio Rank: 97
NWQIX Sortino Ratio Rank: 96
NWQIX Omega Ratio Rank: 96
NWQIX Calmar Ratio Rank: 93
NWQIX Martin Ratio Rank: 93

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.

FEVIX vs. NWQIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Eagle U.S. Value Fund (FEVIX) 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.

	FEVIX	NWQIX	Difference
Sharpe ratio Return per unit of total volatility	1.39	2.58	-1.20
Sortino ratio Return per unit of downside risk	1.97	3.49	-1.52
Omega ratio Gain probability vs. loss probability	1.29	1.56	-0.27
Calmar ratio Return relative to maximum drawdown	1.82	2.91	-1.10
Martin ratio Return relative to average drawdown	7.34	11.90	-4.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEVIX vs. NWQIX - Sharpe Ratio Comparison

The current FEVIX Sharpe Ratio is 1.39, which is lower than the NWQIX Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of FEVIX and NWQIX, 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

	FEVIX	NWQIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	2.58	-1.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.68	+0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.86	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.72	-0.01

Correlation

The correlation between FEVIX and NWQIX is 0.60, 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

FEVIX vs. NWQIX - Dividend Comparison

FEVIX's dividend yield for the trailing twelve months is around 9.51%, more than NWQIX's 5.75% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEVIX First Eagle U.S. Value Fund	9.51%	9.46%	6.79%	6.67%	8.32%	9.28%	1.93%	8.58%	16.27%	9.09%	8.76%	5.07%
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

FEVIX vs. NWQIX - Drawdown Comparison

The maximum FEVIX drawdown since its inception was -36.44%, which is greater than NWQIX's maximum drawdown of -23.89%. Use the drawdown chart below to compare losses from any high point for FEVIX and NWQIX.

Drawdown Indicators

	FEVIX	NWQIX	Difference
Max Drawdown Largest peak-to-trough decline	-36.44%	-23.89%	-12.55%
Max Drawdown (1Y) Largest decline over 1 year	-9.38%	-3.75%	-5.63%
Max Drawdown (5Y) Largest decline over 5 years	-19.34%	-17.75%	-1.59%
Max Drawdown (10Y) Largest decline over 10 years	-29.97%	-23.89%	-6.08%
Current Drawdown Current decline from peak	-8.64%	-2.94%	-5.70%
Average Drawdown Average peak-to-trough decline	-4.04%	-3.04%	-1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	0.92%	+1.40%

Volatility

FEVIX vs. NWQIX - Volatility Comparison

First Eagle U.S. Value Fund (FEVIX) has a higher volatility of 3.19% compared to Nuveen Flexible Income Fund (NWQIX) at 1.50%. This indicates that FEVIX'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.

Volatility by Period

	FEVIX	NWQIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.19%	1.50%	+1.69%
Volatility (6M) Calculated over the trailing 6-month period	8.03%	2.76%	+5.27%
Volatility (1Y) Calculated over the trailing 1-year period	13.30%	4.41%	+8.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.52%	5.64%	+6.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.78%	6.31%	+7.47%