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NPCT vs. TIEIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NPCT vs. TIEIX

Last updated Jul 14, 2026
Documentation

NPCT (Nuveen Core Plus Impact Fund) and TIEIX (Nuveen Equity Index Fund Class I) are both mutual funds - NPCT is a Intermediate Core-Plus Bond fund actively managed by Nuveen, while TIEIX is a Large Cap Blend Equities fund tracking the Russell 3000 Index. NPCT is actively managed, while TIEIX is passively managed. Over the past 5 years, NPCT returned -3.39%/yr vs 12.12%/yr for TIEIX. At a 0.40 correlation, their price movements are largely independent. NPCT charges 5.08%/yr vs 0.09%/yr for TIEIX.

Performance

NPCT vs. TIEIX - Performance Comparison

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

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Returns By Period

In the year-to-date period, NPCT achieves a 3.14% return, which is significantly lower than TIEIX's 11.62% return.

NPCT

1D
-0.70%
1M
0.20%
6M
2.64%
YTD
3.14%
1Y
-0.92%
3Y*
11.38%
5Y*
-3.39%
10Y*
—

TIEIX

1D
0.31%
1M
1.99%
6M
9.16%
YTD
11.62%
1Y
22.38%
3Y*
20.53%
5Y*
12.12%
10Y*
14.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NPCT vs. TIEIX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
NPCT
Nuveen Core Plus Impact Fund		3.14%9.87%17.23%7.78%-37.50%-4.98%
TIEIX
Nuveen Equity Index Fund Class I		11.62%17.04%23.71%25.92%-19.18%11.91%

Correlation

The correlation between NPCT and TIEIX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.34

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.40

Correlation (All Time)
Calculated using the full available price history since Apr 28, 2021

0.40

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Nuveen Core Plus Impact Fund

Nuveen Equity Index Fund Class I

Often compared with NPCT:
NPCT vs. EINFXNPCT vs. ARINXNPCT vs. BCPIXNPCT vs. PGSIXNPCT vs. FASEXNPCT vs. GUGAXNPCT vs. MCFIX
Often compared with TIEIX:
TIEIX vs. VOOTIEIX vs. SPYTIEIX vs. VTITIEIX vs. TCIEXTIEIX vs. VIGIXTIEIX vs. QQQTIEIX vs. SCHD

Return for Risk

NPCT vs. TIEIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NPCT
NPCT Risk / Return Rank: 33
Overall Rank
NPCT Sharpe Ratio Rank: 33
Sharpe Ratio Rank
NPCT Sortino Ratio Rank: 33
Sortino Ratio Rank
NPCT Omega Ratio Rank: 33
Omega Ratio Rank
NPCT Calmar Ratio Rank: 33
Calmar Ratio Rank
NPCT Martin Ratio Rank: 33
Martin Ratio Rank
TIEIX
TIEIX Risk / Return Rank: 6363
Overall Rank
TIEIX Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
TIEIX Sortino Ratio Rank: 5656
Sortino Ratio Rank
TIEIX Omega Ratio Rank: 5656
Omega Ratio Rank
TIEIX Calmar Ratio Rank: 6666
Calmar Ratio Rank
TIEIX Martin Ratio Rank: 7777
Martin Ratio Rank
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.

NPCT vs. TIEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Core Plus Impact Fund (NPCT) 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.

NPCTTIEIXDifference
Sharpe ratioReturn per unit of total volatility
-0.09
1.72

-1.82

Sortino ratioReturn per unit of downside risk
-0.07
2.38

-2.45

Omega ratioGain probability vs. loss probability

0.99

1.31

-0.32

Calmar ratioReturn relative to maximum drawdown

-0.14

2.50

-2.63

Martin ratioReturn relative to average drawdown

-0.31

10.94

-11.24

NPCT vs. TIEIX - Sharpe Ratio Comparison

The current NPCT Sharpe Ratio is -0.09, which is lower than the TIEIX Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of NPCT 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.

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Drawdowns

NPCT vs. TIEIX - Drawdown Comparison

The maximum NPCT drawdown since its inception was -46.77%, smaller than the maximum TIEIX drawdown of -55.55%. Use the drawdown chart below to compare losses from any high point for NPCT and TIEIX.

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Drawdown Indicators

NPCTTIEIXDifference

Max Drawdown

Largest peak-to-trough decline

-46.77%

-55.55%

+8.78%

Max Drawdown (1Y)

Largest decline over 1 year

-6.79%

-8.84%

+2.05%

Max Drawdown (3Y)

Largest decline over 3 years

-12.59%

-19.29%

+6.70%

Max Drawdown (5Y)

Largest decline over 5 years

-46.77%

-25.06%

-21.71%

Max Drawdown (10Y)

Largest decline over 10 years

—

-34.90%

—

Current Drawdown

Current decline from peak

-16.26%

-0.08%

-16.18%

Average Drawdown

Average peak-to-trough decline

-25.03%

-10.27%

-14.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.01%

2.01%

+1.00%

Volatility

NPCT vs. TIEIX - Volatility Comparison

The current volatility for Nuveen Core Plus Impact Fund (NPCT) is 2.44%, while Nuveen Equity Index Fund Class I (TIEIX) has a volatility of 4.21%. This indicates that NPCT 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.

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Volatility by Period

NPCTTIEIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.44%

4.21%

-1.77%

Volatility (6M)

Calculated over the trailing 6-month period

7.48%

10.08%

-2.60%

Volatility (1Y)

Calculated over the trailing 1-year period

9.79%

12.81%

-3.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.10%

17.41%

-4.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.00%

18.37%

-5.37%

NPCT vs. TIEIX - Expense Ratio Comparison

NPCT has a 5.08% expense ratio, which is higher than TIEIX's 0.09% expense ratio.

Dividends

NPCT vs. TIEIX - Dividend Comparison

NPCT's dividend yield for the trailing twelve months is around 12.31%, more than TIEIX's 2.14% yield.

PositionTTM20252024202320222021202020192018201720162015
NPCT
Nuveen Core Plus Impact Fund		12.31%13.15%12.20%10.28%11.93%3.94%0.00%0.00%0.00%0.00%0.00%0.00%
TIEIX
Nuveen Equity Index Fund Class I		2.14%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

NPCT and TIEIX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TIEIX has higher volatility (4.21%) compared to NPCT (2.44%). In terms of maximum drawdown, NPCT dropped -46.77% vs TIEIX's -55.55%.

TIEIX currently has the higher Sharpe Ratio (1.72 vs -0.09), 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.

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