FSCCX vs. TIEIX

Last updated Aug 4, 2026

FSCCX (Nuveen Small Cap Value Fund) and TIEIX (Nuveen Equity Index Fund Class I) are both mutual funds - FSCCX is a Small Cap Value Equities fund managed by Nuveen, while TIEIX is a Large Cap Blend Equities fund tracking the Russell 3000 Index. Over the past 10 years, FSCCX returned 7.62%/yr vs 14.42%/yr for TIEIX. Their correlation of 0.85 means they have usually moved in the same direction. FSCCX charges 0.95%/yr vs 0.09%/yr for TIEIX.

Performance

FSCCX vs. TIEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Small Cap Value Fund (FSCCX) and Nuveen Equity Index Fund Class I (TIEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSCCX achieves a 16.95% return, which is significantly higher than TIEIX's 10.32% return. Over the past 10 years, FSCCX has underperformed TIEIX with an annualized return of 7.62%, while TIEIX has yielded a comparatively higher 14.42% annualized return.

FSCCX

• 1D: 0.00%
• 1M: -0.03%
• 6M: 10.05%
• YTD: 16.95%
• 1Y: 26.55%
• 3Y*: 12.41%
• 5Y*: 8.16%
• 10Y*: 7.62%
• ALL TIME*: 7.49%

TIEIX

• 1D: 0.56%
• 1M: -0.21%
• 6M: 8.04%
• YTD: 10.32%
• 1Y: 21.51%
• 3Y*: 18.82%
• 5Y*: 11.78%
• 10Y*: 14.42%
• ALL TIME*: 8.48%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSCCX Nuveen Small Cap Value Fund	$0.00	$0.00	$0.00
TIEIX Nuveen Equity Index Fund Class I	$0.00	$0.00	$0.00

FSCCX vs. TIEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSCCX Nuveen Small Cap Value Fund	16.95%	3.21%	14.82%	11.86%	-12.42%	35.38%	-4.21%	17.28%	-20.65%	6.35%
TIEIX Nuveen Equity Index Fund Class I	10.32%	17.04%	23.71%	25.92%	-19.18%	25.64%	20.82%	30.89%	-5.27%	19.05%

Correlation

The correlation between FSCCX and TIEIX is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (3Y) Balances recent behavior with more history.	0.74
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (10Y) Provides a long-term view across more market conditions.	0.78
Correlation (All Time) Calculated using the full available price history since Jun 14, 1999	0.85

The correlation between FSCCX and TIEIX shifts across timeframes, from 0.67 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FSCCX vs. TIEIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSCCX

FSCCX Risk / Return Rank: 53
FSCCX Sharpe Ratio Rank: 50
FSCCX Sortino Ratio Rank: 55
FSCCX Omega Ratio Rank: 46
FSCCX Calmar Ratio Rank: 67
FSCCX Martin Ratio Rank: 49

TIEIX

TIEIX Risk / Return Rank: 58
TIEIX Sharpe Ratio Rank: 54
TIEIX Sortino Ratio Rank: 51
TIEIX Omega Ratio Rank: 50
TIEIX Calmar Ratio Rank: 62
TIEIX Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSCCX vs. TIEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Small Cap Value Fund (FSCCX) and Nuveen Equity Index Fund Class I (TIEIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FSCCX	TIEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.50	-0.04
Sortino ratio: Return per unit of downside risk	2.20	2.09	+0.11
Omega ratio: Gain probability vs. loss probability	1.26	1.27	-0.01
Calmar ratio: Return relative to maximum drawdown	2.34	2.23	+0.11
Martin ratio: Return relative to average drawdown	7.27	9.60	-2.33

FSCCX vs. TIEIX - Sharpe Ratio Comparison

The current FSCCX Sharpe Ratio is 1.46, which is comparable to the TIEIX Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of FSCCX and TIEIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSCCX vs. TIEIX - Drawdown Comparison

The maximum FSCCX drawdown since its inception was -65.90%, which is greater than TIEIX's maximum drawdown of -55.55%. Use the drawdown chart below to compare losses from any high point for FSCCX and TIEIX.

Drawdown Indicators

	FSCCX	TIEIX	Difference
Max Drawdown Largest peak-to-trough decline	-65.90%	-55.55%	-10.35%
Max Drawdown (1Y) Largest decline over 1 year	-10.36%	-8.84%	-1.52%
Max Drawdown (3Y) Largest decline over 3 years	-24.81%	-19.29%	-5.52%
Max Drawdown (5Y) Largest decline over 5 years	-24.81%	-25.06%	+0.25%
Max Drawdown (10Y) Largest decline over 10 years	-53.80%	-34.90%	-18.90%
Current Drawdown Current decline from peak	-1.84%	-1.24%	-0.60%
Average Drawdown Average peak-to-trough decline	-13.32%	-10.25%	-3.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	2.05%	+1.28%

Volatility

FSCCX vs. TIEIX - Volatility Comparison

Nuveen Small Cap Value Fund (FSCCX) and Nuveen Equity Index Fund Class I (TIEIX) have volatilities of 3.50% and 3.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSCCX	TIEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	3.44%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	10.74%	10.24%	+0.50%
Volatility (1Y) Calculated over the trailing 1-year period	16.65%	13.11%	+3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.48%	17.41%	+3.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.33%	18.40%	+4.93%

FSCCX vs. TIEIX - Expense Ratio Comparison

FSCCX has a 0.95% expense ratio, which is higher than TIEIX's 0.09% expense ratio.

Dividends

FSCCX vs. TIEIX - Dividend Comparison

FSCCX's dividend yield for the trailing twelve months is around 0.94%, less than TIEIX's 2.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSCCX Nuveen Small Cap Value Fund	0.94%	1.09%	1.52%	1.02%	1.24%	0.52%	0.54%	1.16%	4.21%	1.03%	2.63%	1.80%
TIEIX Nuveen Equity Index Fund Class I	2.17%	2.39%	1.63%	1.47%	1.83%	2.08%	1.43%	1.99%	2.45%	0.52%	2.45%	1.27%

Frequently Asked Questions

Can I hold both FSCCX and TIEIX in my portfolio?

FSCCX and TIEIX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSCCX or TIEIX?

FSCCX has higher volatility (3.50%) compared to TIEIX (3.44%). In terms of maximum drawdown, FSCCX dropped -65.90% vs TIEIX's -55.55%.

Which has better risk-adjusted returns?

TIEIX currently has the higher Sharpe Ratio (1.50 vs 1.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.