NUGIX vs. GWOAX
Compare and contrast key facts about Nuveen Global Dividend Growth Fund (NUGIX) and GMO Global Developed Equity Allocation Fund (GWOAX).
NUGIX is managed by Nuveen. It was launched on Jun 10, 2012. GWOAX is managed by GMO. It was launched on Jun 15, 2005.
Performance
NUGIX vs. GWOAX - Performance Comparison
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NUGIX vs. GWOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NUGIX Nuveen Global Dividend Growth Fund | -2.62% | 11.76% | 15.34% | 14.49% | -9.86% | 19.98% | 4.02% | 28.15% | -9.00% | 19.91% |
GWOAX GMO Global Developed Equity Allocation Fund | 3.10% | 28.37% | 6.14% | 22.49% | -14.10% | 18.53% | 10.53% | 26.56% | -12.95% | 25.63% |
Returns By Period
In the year-to-date period, NUGIX achieves a -2.62% return, which is significantly lower than GWOAX's 3.10% return. Over the past 10 years, NUGIX has underperformed GWOAX with an annualized return of 9.07%, while GWOAX has yielded a comparatively higher 11.04% annualized return.
NUGIX
- 1D
- 1.92%
- 1M
- -5.76%
- YTD
- -2.62%
- 6M
- -1.21%
- 1Y
- 10.51%
- 3Y*
- 11.58%
- 5Y*
- 7.96%
- 10Y*
- 9.07%
GWOAX
- 1D
- 2.74%
- 1M
- -5.28%
- YTD
- 3.10%
- 6M
- 9.71%
- 1Y
- 28.87%
- 3Y*
- 17.19%
- 5Y*
- 9.50%
- 10Y*
- 11.04%
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NUGIX vs. GWOAX - Expense Ratio Comparison
NUGIX has a 0.89% expense ratio, which is higher than GWOAX's 0.01% expense ratio.
Return for Risk
NUGIX vs. GWOAX — Risk / Return Rank
NUGIX
GWOAX
NUGIX vs. GWOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Global Dividend Growth Fund (NUGIX) and GMO Global Developed Equity Allocation Fund (GWOAX). 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.
| NUGIX | GWOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.72 | 1.83 | -1.10 |
Sortino ratioReturn per unit of downside risk | 1.12 | 2.51 | -1.40 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.37 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 0.93 | 2.52 | -1.58 |
Martin ratioReturn relative to average drawdown | 3.99 | 11.23 | -7.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NUGIX | GWOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 1.83 | -1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.63 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.67 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.44 | +0.19 |
Correlation
The correlation between NUGIX and GWOAX is 0.92, 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.
Dividends
NUGIX vs. GWOAX - Dividend Comparison
NUGIX's dividend yield for the trailing twelve months is around 11.75%, more than GWOAX's 4.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUGIX Nuveen Global Dividend Growth Fund | 11.75% | 11.74% | 7.84% | 1.53% | 4.27% | 7.70% | 1.86% | 3.76% | 4.98% | 15.70% | 2.02% | 1.95% |
GWOAX GMO Global Developed Equity Allocation Fund | 4.33% | 4.46% | 0.60% | 6.10% | 7.27% | 12.75% | 3.85% | 4.33% | 3.02% | 3.05% | 6.43% | 12.47% |
Drawdowns
NUGIX vs. GWOAX - Drawdown Comparison
The maximum NUGIX drawdown since its inception was -33.65%, smaller than the maximum GWOAX drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for NUGIX and GWOAX.
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Drawdown Indicators
| NUGIX | GWOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -49.84% | +16.19% |
Max Drawdown (1Y)Largest decline over 1 year | -10.80% | -11.43% | +0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -21.20% | -26.21% | +5.01% |
Max Drawdown (10Y)Largest decline over 10 years | -33.65% | -35.28% | +1.63% |
Current DrawdownCurrent decline from peak | -6.81% | -6.28% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -3.57% | -9.06% | +5.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.56% | -0.03% |
Volatility
NUGIX vs. GWOAX - Volatility Comparison
The current volatility for Nuveen Global Dividend Growth Fund (NUGIX) is 4.72%, while GMO Global Developed Equity Allocation Fund (GWOAX) has a volatility of 5.89%. This indicates that NUGIX experiences smaller price fluctuations and is considered to be less risky than GWOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUGIX | GWOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.72% | 5.89% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 8.30% | 9.70% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.10% | 15.92% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.78% | 15.21% | -1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.49% | 16.48% | -0.99% |