NQVRX vs. ^GSPC
Compare and contrast key facts about Nuveen Multi Cap Value Fund (NQVRX) and S&P 500 (^GSPC).
NQVRX is managed by Nuveen. It was launched on Nov 4, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NQVRX or ^GSPC.
Correlation
The correlation between NQVRX and ^GSPC is 0.89, 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.
Performance
NQVRX vs. ^GSPC - Performance Comparison
Key characteristics
NQVRX:
2.00
^GSPC:
1.59
NQVRX:
2.79
^GSPC:
2.16
NQVRX:
1.37
^GSPC:
1.29
NQVRX:
3.12
^GSPC:
2.40
NQVRX:
9.80
^GSPC:
9.79
NQVRX:
2.55%
^GSPC:
2.08%
NQVRX:
12.54%
^GSPC:
12.86%
NQVRX:
-69.12%
^GSPC:
-56.78%
NQVRX:
-1.53%
^GSPC:
-1.09%
Returns By Period
In the year-to-date period, NQVRX achieves a 4.74% return, which is significantly higher than ^GSPC's 2.90% return. Over the past 10 years, NQVRX has underperformed ^GSPC with an annualized return of 9.81%, while ^GSPC has yielded a comparatively higher 11.21% annualized return.
NQVRX
4.74%
5.86%
13.49%
23.79%
13.26%
9.81%
^GSPC
2.90%
3.70%
10.94%
22.18%
12.41%
11.21%
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Risk-Adjusted Performance
NQVRX vs. ^GSPC — Risk-Adjusted Performance Rank
NQVRX
^GSPC
NQVRX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Multi Cap Value Fund (NQVRX) and S&P 500 (^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.
Drawdowns
NQVRX vs. ^GSPC - Drawdown Comparison
The maximum NQVRX drawdown since its inception was -69.12%, 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. For additional features, visit the drawdowns tool.
Volatility
NQVRX vs. ^GSPC - Volatility Comparison
Nuveen Multi Cap Value Fund (NQVRX) and S&P 500 (^GSPC) have volatilities of 3.36% and 3.52%, 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.