NQVRX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Nuveen Multi Cap Value Fund (NQVRX) and S&P 500 Index (^GSPC).

NQVRX is managed by Nuveen. It was launched on Nov 4, 1997.

Performance

NQVRX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Multi Cap Value Fund (NQVRX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

NQVRX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NQVRX Nuveen Multi Cap Value Fund	3.06%	17.89%	19.25%	15.94%	-1.02%	28.56%	-0.27%	30.35%	-14.39%	18.68%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, NQVRX achieves a 3.06% return, which is significantly higher than ^GSPC's -3.95% return. Both investments have delivered pretty close results over the past 10 years, with NQVRX having a 12.26% annualized return and ^GSPC not far behind at 12.24%.

NQVRX

• 1D: 2.42%
• 1M: -4.22%
• YTD: 3.06%
• 6M: 8.35%
• 1Y: 21.81%
• 3Y*: 17.63%
• 5Y*: 12.22%
• 10Y*: 12.26%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

NQVRX vs. ^GSPC — Risk / Return Rank

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

NQVRX

NQVRX Risk / Return Rank: 62
NQVRX Sharpe Ratio Rank: 63
NQVRX Sortino Ratio Rank: 62
NQVRX Omega Ratio Rank: 63
NQVRX Calmar Ratio Rank: 58
NQVRX Martin Ratio Rank: 67

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

NQVRX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Multi Cap Value Fund (NQVRX) and S&P 500 Index (^GSPC). 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.

	NQVRX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.20	0.92	+0.28
Sortino ratio Return per unit of downside risk	1.70	1.41	+0.28
Omega ratio Gain probability vs. loss probability	1.26	1.21	+0.04
Calmar ratio Return relative to maximum drawdown	1.53	1.41	+0.11
Martin ratio Return relative to average drawdown	6.99	6.61	+0.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NQVRX vs. ^GSPC - Sharpe Ratio Comparison

The current NQVRX Sharpe Ratio is 1.20, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of NQVRX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NQVRX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	0.92	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.61	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.68	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.46	-0.06

Correlation

The correlation between NQVRX and ^GSPC is 0.87, 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.

Drawdowns

NQVRX vs. ^GSPC - Drawdown Comparison

The maximum NQVRX drawdown since its inception was -67.80%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NQVRX and ^GSPC.

Drawdown Indicators

	NQVRX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-67.80%	-56.78%	-11.02%
Max Drawdown (1Y) Largest decline over 1 year	-13.68%	-12.14%	-1.54%
Max Drawdown (5Y) Largest decline over 5 years	-17.93%	-25.43%	+7.50%
Max Drawdown (10Y) Largest decline over 10 years	-42.26%	-33.92%	-8.34%
Current Drawdown Current decline from peak	-5.13%	-5.78%	+0.65%
Average Drawdown Average peak-to-trough decline	-11.05%	-10.75%	-0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	2.60%	+0.39%

Volatility

NQVRX vs. ^GSPC - Volatility Comparison

Nuveen Multi Cap Value Fund (NQVRX) and S&P 500 Index (^GSPC) have volatilities of 5.27% and 5.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NQVRX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	5.37%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	9.94%	9.55%	+0.39%
Volatility (1Y) Calculated over the trailing 1-year period	18.29%	18.33%	-0.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	16.90%	-0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.09%	18.05%	+1.04%