FSCCX vs. TIEIX

Last updated Jun 20, 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 7.83%/yr vs 14.85%/yr for TIEIX. Their correlation of 0.85 suggests significant overlap in exposure. 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 15.78% return, which is significantly higher than TIEIX's 10.43% return. Over the past 10 years, FSCCX has underperformed TIEIX with an annualized return of 7.83%, while TIEIX has yielded a comparatively higher 14.85% annualized return.

FSCCX

• 1D: 1.07%
• 1M: 2.74%
• YTD: 15.78%
• 6M: 13.32%
• 1Y: 26.88%
• 3Y*: 14.59%
• 5Y*: 8.34%
• 10Y*: 7.83%

TIEIX

• 1D: 1.13%
• 1M: 0.82%
• YTD: 10.43%
• 6M: 9.68%
• 1Y: 27.05%
• 3Y*: 20.52%
• 5Y*: 12.88%
• 10Y*: 14.85%

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

FSCCX vs. TIEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSCCX Nuveen Small Cap Value Fund	15.78%	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	10.43%	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 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.79
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 0.71 (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 risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSCCX

FSCCX Risk / Return Rank: 40
FSCCX Sharpe Ratio Rank: 37
FSCCX Sortino Ratio Rank: 39
FSCCX Omega Ratio Rank: 33
FSCCX Calmar Ratio Rank: 52
FSCCX Martin Ratio Rank: 38

TIEIX

TIEIX Risk / Return Rank: 64
TIEIX Sharpe Ratio Rank: 61
TIEIX Sortino Ratio Rank: 56
TIEIX Omega Ratio Rank: 56
TIEIX Calmar Ratio Rank: 69
TIEIX Martin Ratio Rank: 79

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.

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	1.59	2.11	-0.52
Sortino ratio: Return per unit of downside risk	2.36	2.87	-0.51
Omega ratio: Gain probability vs. loss probability	1.28	1.38	-0.10
Calmar ratio: Return relative to maximum drawdown	2.60	3.06	-0.46
Martin ratio: Return relative to average drawdown	7.86	13.64	-5.78

FSCCX vs. TIEIX - Sharpe Ratio Comparison

The current FSCCX Sharpe Ratio is 1.59, which is comparable to the TIEIX Sharpe Ratio of 2.11. 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	-0.34%	-1.15%	+0.81%
Average Drawdown Average peak-to-trough decline	-13.36%	-10.28%	-3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	1.97%	+1.45%

Volatility

FSCCX vs. TIEIX - Volatility Comparison

The current volatility for Nuveen Small Cap Value Fund (FSCCX) is 4.35%, while Nuveen Equity Index Fund Class I (TIEIX) has a volatility of 4.84%. This indicates that FSCCX experiences smaller price fluctuations and is considered to be less risky than TIEIX based on this measure. 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	4.35%	4.84%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	11.24%	10.07%	+1.17%
Volatility (1Y) Calculated over the trailing 1-year period	16.97%	12.78%	+4.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.70%	17.41%	+3.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.42%	18.44%	+4.98%

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 0.95%, 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	0.95%	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 0.71, 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?

TIEIX has higher volatility (4.84%) compared to FSCCX (4.35%). 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 (2.11 vs 1.59), 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.