MUXYX vs. SPXX
Compare and contrast key facts about Victory S&P 500 Index Fund (MUXYX) and Nuveen S&P 500 Dynamic Overwrite Fund (SPXX).
MUXYX is a passively managed fund by Victory that tracks the performance of the S&P 500 Index. It was launched on Nov 29, 1991. SPXX is an actively managed fund by Nuveen. It was launched on Nov 23, 2005.
Performance
MUXYX vs. SPXX - Performance Comparison
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MUXYX vs. SPXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MUXYX Victory S&P 500 Index Fund | -4.48% | 17.17% | 24.62% | 25.70% | -18.49% | 28.01% | 17.91% | 30.85% | -4.84% | 21.27% |
SPXX Nuveen S&P 500 Dynamic Overwrite Fund | -7.83% | 9.78% | 27.10% | 0.85% | -6.92% | 29.03% | -0.37% | 25.36% | -13.42% | 27.92% |
Returns By Period
In the year-to-date period, MUXYX achieves a -4.48% return, which is significantly higher than SPXX's -7.83% return. Over the past 10 years, MUXYX has outperformed SPXX with an annualized return of 13.50%, while SPXX has yielded a comparatively lower 9.25% annualized return.
MUXYX
- 1D
- 2.92%
- 1M
- -5.05%
- YTD
- -4.48%
- 6M
- -2.46%
- 1Y
- 16.85%
- 3Y*
- 17.77%
- 5Y*
- 11.26%
- 10Y*
- 13.50%
SPXX
- 1D
- 1.43%
- 1M
- -6.59%
- YTD
- -7.83%
- 6M
- -3.93%
- 1Y
- 3.85%
- 3Y*
- 9.58%
- 5Y*
- 7.13%
- 10Y*
- 9.25%
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MUXYX vs. SPXX - Expense Ratio Comparison
MUXYX has a 0.44% expense ratio, which is lower than SPXX's 0.89% expense ratio.
Return for Risk
MUXYX vs. SPXX — Risk / Return Rank
MUXYX
SPXX
MUXYX vs. SPXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Victory S&P 500 Index Fund (MUXYX) and Nuveen S&P 500 Dynamic Overwrite Fund (SPXX). 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.
| MUXYX | SPXX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | 0.22 | +0.73 |
Sortino ratioReturn per unit of downside risk | 1.45 | 0.44 | +1.01 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.06 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | 0.32 | +1.16 |
Martin ratioReturn relative to average drawdown | 7.04 | 1.11 | +5.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MUXYX | SPXX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 0.22 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.45 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.50 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.36 | +0.18 |
Correlation
The correlation between MUXYX and SPXX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MUXYX vs. SPXX - Dividend Comparison
MUXYX's dividend yield for the trailing twelve months is around 8.55%, more than SPXX's 8.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MUXYX Victory S&P 500 Index Fund | 8.55% | 8.00% | 16.75% | 5.84% | 8.25% | 7.94% | 7.27% | 13.51% | 12.31% | 17.31% | 8.03% | 11.65% |
SPXX Nuveen S&P 500 Dynamic Overwrite Fund | 8.28% | 7.48% | 6.87% | 7.82% | 7.30% | 5.27% | 6.56% | 6.44% | 7.98% | 5.69% | 5.14% | 7.75% |
Drawdowns
MUXYX vs. SPXX - Drawdown Comparison
The maximum MUXYX drawdown since its inception was -55.74%, which is greater than SPXX's maximum drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for MUXYX and SPXX.
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Drawdown Indicators
| MUXYX | SPXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.74% | -52.39% | -3.35% |
Max Drawdown (1Y)Largest decline over 1 year | -12.15% | -13.00% | +0.85% |
Max Drawdown (5Y)Largest decline over 5 years | -28.47% | -18.09% | -10.38% |
Max Drawdown (10Y)Largest decline over 10 years | -33.79% | -43.99% | +10.20% |
Current DrawdownCurrent decline from peak | -6.35% | -9.24% | +2.89% |
Average DrawdownAverage peak-to-trough decline | -9.61% | -7.51% | -2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 3.75% | -1.20% |
Volatility
MUXYX vs. SPXX - Volatility Comparison
Victory S&P 500 Index Fund (MUXYX) has a higher volatility of 5.33% compared to Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) at 4.96%. This indicates that MUXYX's price experiences larger fluctuations and is considered to be riskier than SPXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MUXYX | SPXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 4.96% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 9.54% | 9.29% | +0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.36% | 17.96% | +0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.45% | 15.80% | +3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.31% | 18.39% | +0.92% |