NGJFX vs. FASEX

Last updated Jun 24, 2026

NGJFX (Nuveen Global Real Estate Securities Fund) and FASEX (Nuveen Mid Cap Value Fund) are both mutual funds - NGJFX is a REIT fund managed by Nuveen, while FASEX is a Mid Cap Value Equities fund managed by Nuveen. Over the past 5 years, NGJFX returned 2.10%/yr vs 10.44%/yr for FASEX. A 0.70 correlation means they provide meaningful diversification when combined. NGJFX charges 0.95%/yr vs 1.16%/yr for FASEX.

Performance

NGJFX vs. FASEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Global Real Estate Securities Fund (NGJFX) and Nuveen Mid Cap Value Fund (FASEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NGJFX achieves a 8.68% return, which is significantly lower than FASEX's 20.50% return.

NGJFX

• 1D: 0.68%
• 1M: -0.48%
• YTD: 8.68%
• 6M: 9.02%
• 1Y: 11.10%
• 3Y*: 10.62%
• 5Y*: 2.10%
• 10Y*: —

FASEX

• 1D: 0.64%
• 1M: 4.16%
• YTD: 20.50%
• 6M: 18.82%
• 1Y: 32.57%
• 3Y*: 17.18%
• 5Y*: 10.44%
• 10Y*: 11.71%

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

NGJFX vs. FASEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NGJFX Nuveen Global Real Estate Securities Fund	8.68%	9.60%	0.77%	11.63%	-24.79%	28.68%	-0.94%	32.18%	0.17%
FASEX Nuveen Mid Cap Value Fund	20.50%	9.68%	10.40%	14.20%	-10.63%	34.84%	1.19%	26.68%	-13.34%

Correlation

The correlation between NGJFX and FASEX is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (All Time) Calculated using the full available price history since Mar 22, 2018	0.70

The correlation between NGJFX and FASEX shifts across timeframes, from 0.61 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

NGJFX vs. FASEX — Risk / Return Rank

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

NGJFX

NGJFX Risk / Return Rank: 16
NGJFX Sharpe Ratio Rank: 16
NGJFX Sortino Ratio Rank: 15
NGJFX Omega Ratio Rank: 15
NGJFX Calmar Ratio Rank: 14
NGJFX Martin Ratio Rank: 19

FASEX

FASEX Risk / Return Rank: 82
FASEX Sharpe Ratio Rank: 81
FASEX Sortino Ratio Rank: 79
FASEX Omega Ratio Rank: 68
FASEX Calmar Ratio Rank: 92
FASEX Martin Ratio Rank: 91

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.

NGJFX vs. FASEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Global Real Estate Securities Fund (NGJFX) and Nuveen Mid Cap Value Fund (FASEX). 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.

	NGJFX	FASEX	Difference
Sharpe ratio: Return per unit of total volatility	1.03	2.44	-1.41
Sortino ratio: Return per unit of downside risk	1.47	3.43	-1.96
Omega ratio: Gain probability vs. loss probability	1.19	1.42	-0.23
Calmar ratio: Return relative to maximum drawdown	1.21	4.62	-3.41
Martin ratio: Return relative to average drawdown	4.45	16.84	-12.39

NGJFX vs. FASEX - Sharpe Ratio Comparison

The current NGJFX Sharpe Ratio is 1.03, which is lower than the FASEX Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of NGJFX and FASEX, 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

NGJFX vs. FASEX - Drawdown Comparison

The maximum NGJFX drawdown since its inception was -40.37%, smaller than the maximum FASEX drawdown of -55.57%. Use the drawdown chart below to compare losses from any high point for NGJFX and FASEX.

Drawdown Indicators

	NGJFX	FASEX	Difference
Max Drawdown Largest peak-to-trough decline	-40.37%	-55.57%	+15.20%
Max Drawdown (1Y) Largest decline over 1 year	-10.34%	-7.37%	-2.97%
Max Drawdown (3Y) Largest decline over 3 years	-17.50%	-22.26%	+4.76%
Max Drawdown (5Y) Largest decline over 5 years	-32.80%	-22.26%	-10.54%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.56%	—
Current Drawdown Current decline from peak	-2.09%	0.00%	-2.09%
Average Drawdown Average peak-to-trough decline	-10.43%	-8.92%	-1.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	2.01%	+0.80%

Volatility

NGJFX vs. FASEX - Volatility Comparison

The current volatility for Nuveen Global Real Estate Securities Fund (NGJFX) is 3.90%, while Nuveen Mid Cap Value Fund (FASEX) has a volatility of 4.13%. This indicates that NGJFX experiences smaller price fluctuations and is considered to be less risky than FASEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NGJFX	FASEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	4.13%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	9.35%	10.43%	-1.08%
Volatility (1Y) Calculated over the trailing 1-year period	12.17%	13.99%	-1.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.99%	18.05%	-2.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.73%	20.23%	-2.50%

NGJFX vs. FASEX - Expense Ratio Comparison

NGJFX has a 0.95% expense ratio, which is lower than FASEX's 1.16% expense ratio.

Dividends

NGJFX vs. FASEX - Dividend Comparison

NGJFX's dividend yield for the trailing twelve months is around 3.14%, less than FASEX's 12.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FASEX Nuveen Mid Cap Value Fund	12.17%	14.67%	5.29%	3.12%	6.32%	4.02%	1.06%	0.89%	4.48%	7.93%	3.67%	3.49%
NGJFX Nuveen Global Real Estate Securities Fund	3.14%	3.33%	3.39%	3.04%	5.83%	12.94%	3.27%	12.80%	3.90%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NGJFX and FASEX in my portfolio?

NGJFX and FASEX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NGJFX or FASEX?

FASEX has higher volatility (4.13%) compared to NGJFX (3.90%). In terms of maximum drawdown, NGJFX dropped -40.37% vs FASEX's -55.57%.

Which has better risk-adjusted returns?

FASEX currently has the higher Sharpe Ratio (2.44 vs 1.03), 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.