NASDX vs. TILIX

Last updated Aug 4, 2026

NASDX (Shelton Capital Management Nasdaq-100 Index Fund Direct Shares) and TILIX (Nuveen Large Cap Growth Index Fund R6 Class) are both Large Cap Growth Equities funds - NASDX tracks the NASDAQ-100 Index while TILIX tracks the Russell 1000 Growth Index. Both are passively managed. Over the past 10 years, NASDX returned 21.08%/yr vs 17.31%/yr for TILIX. Their 0.95 correlation means they have historically moved very closely together. NASDX charges 0.63%/yr vs 0.05%/yr for TILIX.

Performance

NASDX vs. TILIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) and Nuveen Large Cap Growth Index Fund R6 Class (TILIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NASDX achieves a 12.17% return, which is significantly higher than TILIX's 0.47% return. Over the past 10 years, NASDX has outperformed TILIX with an annualized return of 21.08%, while TILIX has yielded a comparatively lower 17.31% annualized return.

NASDX

• 1D: 0.59%
• 1M: -3.62%
• 6M: 10.09%
• YTD: 12.17%
• 1Y: 24.90%
• 3Y*: 25.86%
• 5Y*: 16.19%
• 10Y*: 21.08%
• ALL TIME*: 8.49%

TILIX

• 1D: 0.81%
• 1M: -2.43%
• 6M: 1.71%
• YTD: 0.47%
• 1Y: 10.22%
• 3Y*: 19.39%
• 5Y*: 11.86%
• 10Y*: 17.31%
• ALL TIME*: 11.78%

*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)
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares	$0.00	$0.00	$0.00
TILIX Nuveen Large Cap Growth Index Fund R6 Class	$0.00	$0.00	$0.00

NASDX vs. TILIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares	12.17%	21.00%	36.91%	54.69%	-32.57%	27.32%	48.59%	38.22%	-1.21%	31.27%
TILIX Nuveen Large Cap Growth Index Fund R6 Class	0.47%	18.41%	33.31%	42.64%	-29.22%	27.63%	38.43%	36.30%	-1.66%	28.49%

Correlation

The correlation between NASDX and TILIX is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.93
Correlation (3Y) Balances recent behavior with more history.	0.96
Correlation (5Y) Shows whether the relationship held over a longer period.	0.98
Correlation (10Y) Provides a long-term view across more market conditions.	0.97
Correlation (All Time) Calculated using the full available price history since Sep 30, 2002	0.95

The correlation between NASDX and TILIX has been stable across timeframes, ranging from 0.93 to 0.98 - a consistent structural relationship.

Return for Risk

NASDX vs. TILIX — Risk / Return Rank

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

NASDX

NASDX Risk / Return Rank: 37
NASDX Sharpe Ratio Rank: 34
NASDX Sortino Ratio Rank: 32
NASDX Omega Ratio Rank: 32
NASDX Calmar Ratio Rank: 45
NASDX Martin Ratio Rank: 40

TILIX

TILIX Risk / Return Rank: 10
TILIX Sharpe Ratio Rank: 11
TILIX Sortino Ratio Rank: 11
TILIX Omega Ratio Rank: 10
TILIX Calmar Ratio Rank: 10
TILIX Martin Ratio Rank: 11

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.

NASDX vs. TILIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) and Nuveen Large Cap Growth Index Fund R6 Class (TILIX). 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.

	NASDX	TILIX	Difference
Sharpe ratio: Return per unit of total volatility	1.17	0.47	+0.70
Sortino ratio: Return per unit of downside risk	1.66	0.76	+0.90
Omega ratio: Gain probability vs. loss probability	1.21	1.09	+0.12
Calmar ratio: Return relative to maximum drawdown	1.90	0.50	+1.39
Martin ratio: Return relative to average drawdown	6.14	1.50	+4.64

NASDX vs. TILIX - Sharpe Ratio Comparison

The current NASDX Sharpe Ratio is 1.17, which is higher than the TILIX Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of NASDX and TILIX, 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

NASDX vs. TILIX - Drawdown Comparison

The maximum NASDX drawdown since its inception was -83.16%, which is greater than TILIX's maximum drawdown of -50.54%. Use the drawdown chart below to compare losses from any high point for NASDX and TILIX.

Drawdown Indicators

	NASDX	TILIX	Difference
Max Drawdown Largest peak-to-trough decline	-83.16%	-50.54%	-32.62%
Max Drawdown (1Y) Largest decline over 1 year	-11.90%	-16.24%	+4.34%
Max Drawdown (3Y) Largest decline over 3 years	-22.71%	-23.33%	+0.62%
Max Drawdown (5Y) Largest decline over 5 years	-35.33%	-32.68%	-2.65%
Max Drawdown (10Y) Largest decline over 10 years	-35.33%	-32.68%	-2.65%
Current Drawdown Current decline from peak	-7.59%	-7.81%	+0.22%
Average Drawdown Average peak-to-trough decline	-34.18%	-7.72%	-26.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.67%	5.42%	-1.75%

Volatility

NASDX vs. TILIX - Volatility Comparison

Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a higher volatility of 6.80% compared to Nuveen Large Cap Growth Index Fund R6 Class (TILIX) at 6.43%. This indicates that NASDX's price experiences larger fluctuations and is considered to be riskier than TILIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NASDX	TILIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.80%	6.43%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	15.94%	14.00%	+1.94%
Volatility (1Y) Calculated over the trailing 1-year period	19.35%	17.51%	+1.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.53%	21.78%	+1.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.87%	21.22%	+1.65%

NASDX vs. TILIX - Expense Ratio Comparison

NASDX has a 0.63% expense ratio, which is higher than TILIX's 0.05% expense ratio.

Dividends

NASDX vs. TILIX - Dividend Comparison

NASDX's dividend yield for the trailing twelve months is around 3.21%, less than TILIX's 4.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares	3.21%	3.76%	16.95%	7.61%	3.75%	2.59%	1.28%	7.09%	2.47%	1.65%	0.75%	0.85%
TILIX Nuveen Large Cap Growth Index Fund R6 Class	4.39%	4.41%	3.25%	1.90%	11.00%	8.76%	1.91%	2.38%	4.01%	0.68%	1.33%	1.32%

Frequently Asked Questions

Can I hold both NASDX and TILIX in my portfolio?

With a correlation of 0.93, NASDX and TILIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, NASDX or TILIX?

NASDX has higher volatility (6.80%) compared to TILIX (6.43%). In terms of maximum drawdown, NASDX dropped -83.16% vs TILIX's -50.54%.

Which has better risk-adjusted returns?

NASDX currently has the higher Sharpe Ratio (1.17 vs 0.47), 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.