NQCRX vs. TIEIX

Last updated Jun 24, 2026

NQCRX (Nuveen Large Cap Value Fund) and TIEIX (Nuveen Equity Index Fund Class I) are both mutual funds - NQCRX is a Large 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, NQCRX returned 14.89%/yr vs 15.07%/yr for TIEIX. Their correlation of 0.90 suggests significant overlap in exposure. NQCRX charges 0.74%/yr vs 0.09%/yr for TIEIX.

Performance

NQCRX vs. TIEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Large Cap Value Fund (NQCRX) 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, NQCRX achieves a 18.43% return, which is significantly higher than TIEIX's 10.07% return. Both investments have delivered pretty close results over the past 10 years, with NQCRX having a 14.89% annualized return and TIEIX not far ahead at 15.07%.

NQCRX

• 1D: 0.46%
• 1M: 2.00%
• YTD: 18.43%
• 6M: 17.80%
• 1Y: 37.43%
• 3Y*: 22.94%
• 5Y*: 15.27%
• 10Y*: 14.89%

TIEIX

• 1D: -0.33%
• 1M: 0.49%
• YTD: 10.07%
• 6M: 8.95%
• 1Y: 25.43%
• 3Y*: 21.02%
• 5Y*: 12.38%
• 10Y*: 15.07%

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

NQCRX vs. TIEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NQCRX Nuveen Large Cap Value Fund	18.43%	22.44%	17.74%	13.76%	-1.07%	25.38%	-0.27%	47.63%	-15.47%	15.46%
TIEIX Nuveen Equity Index Fund Class I	10.07%	17.04%	23.71%	25.92%	-19.18%	25.64%	20.82%	30.89%	-5.27%	19.05%

Correlation

The correlation between NQCRX and TIEIX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Dec 14, 2006	0.90

The correlation between NQCRX and TIEIX shifts across timeframes, from 0.80 (3 years) to 0.90 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NQCRX vs. TIEIX — Risk / Return Rank

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

NQCRX

NQCRX Risk / Return Rank: 92
NQCRX Sharpe Ratio Rank: 94
NQCRX Sortino Ratio Rank: 91
NQCRX Omega Ratio Rank: 84
NQCRX Calmar Ratio Rank: 97
NQCRX Martin Ratio Rank: 97

TIEIX

TIEIX Risk / Return Rank: 63
TIEIX Sharpe Ratio Rank: 60
TIEIX Sortino Ratio Rank: 55
TIEIX Omega Ratio Rank: 55
TIEIX Calmar Ratio Rank: 69
TIEIX Martin Ratio Rank: 78

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.

NQCRX vs. TIEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Large Cap Value Fund (NQCRX) 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.

	NQCRX	TIEIX	Difference
Sharpe ratio: Return per unit of total volatility	3.01	2.10	+0.91
Sortino ratio: Return per unit of downside risk	4.13	2.85	+1.28
Omega ratio: Gain probability vs. loss probability	1.52	1.38	+0.15
Calmar ratio: Return relative to maximum drawdown	6.32	3.04	+3.28
Martin ratio: Return relative to average drawdown	23.35	13.55	+9.80

NQCRX vs. TIEIX - Sharpe Ratio Comparison

The current NQCRX Sharpe Ratio is 3.01, which is higher than the TIEIX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of NQCRX 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

NQCRX vs. TIEIX - Drawdown Comparison

The maximum NQCRX drawdown since its inception was -57.85%, roughly equal to the maximum TIEIX drawdown of -55.55%. Use the drawdown chart below to compare losses from any high point for NQCRX and TIEIX.

Drawdown Indicators

	NQCRX	TIEIX	Difference
Max Drawdown Largest peak-to-trough decline	-57.85%	-55.55%	-2.30%
Max Drawdown (1Y) Largest decline over 1 year	-6.07%	-8.84%	+2.77%
Max Drawdown (3Y) Largest decline over 3 years	-17.21%	-19.29%	+2.08%
Max Drawdown (5Y) Largest decline over 5 years	-17.61%	-25.06%	+7.45%
Max Drawdown (10Y) Largest decline over 10 years	-41.84%	-34.90%	-6.94%
Current Drawdown Current decline from peak	0.00%	-1.47%	+1.47%
Average Drawdown Average peak-to-trough decline	-9.99%	-10.28%	+0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	1.98%	-0.35%

Volatility

NQCRX vs. TIEIX - Volatility Comparison

The current volatility for Nuveen Large Cap Value Fund (NQCRX) is 4.14%, while Nuveen Equity Index Fund Class I (TIEIX) has a volatility of 4.73%. This indicates that NQCRX 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

	NQCRX	TIEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	4.73%	-0.59%
Volatility (6M) Calculated over the trailing 6-month period	9.92%	10.07%	-0.15%
Volatility (1Y) Calculated over the trailing 1-year period	12.77%	12.81%	-0.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.62%	17.40%	-1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.94%	18.45%	+0.49%

NQCRX vs. TIEIX - Expense Ratio Comparison

NQCRX has a 0.74% expense ratio, which is higher than TIEIX's 0.09% expense ratio.

Dividends

NQCRX vs. TIEIX - Dividend Comparison

NQCRX's dividend yield for the trailing twelve months is around 6.17%, more than TIEIX's 2.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NQCRX Nuveen Large Cap Value Fund	6.17%	7.30%	6.82%	2.22%	4.63%	20.85%	17.95%	26.88%	34.12%	27.42%	10.74%	61.01%
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 NQCRX and TIEIX in my portfolio?

NQCRX and TIEIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NQCRX or TIEIX?

TIEIX has higher volatility (4.73%) compared to NQCRX (4.14%). In terms of maximum drawdown, NQCRX dropped -57.85% vs TIEIX's -55.55%.

Which has better risk-adjusted returns?

NQCRX currently has the higher Sharpe Ratio (3.01 vs 2.10), 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.