NWQIX vs. FPURX
Compare and contrast key facts about Nuveen Flexible Income Fund (NWQIX) and Fidelity Puritan Fund (FPURX).
NWQIX is managed by Nuveen. It was launched on Dec 8, 2009. FPURX is managed by Fidelity. It was launched on Apr 16, 1947.
Performance
NWQIX vs. FPURX - Performance Comparison
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NWQIX vs. FPURX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWQIX Nuveen Flexible Income Fund | -0.33% | 12.22% | 6.03% | 11.61% | -13.64% | 4.94% | 5.54% | 18.57% | -4.07% | 9.18% |
FPURX Fidelity Puritan Fund | -3.53% | 12.22% | 18.94% | 20.20% | -17.35% | 18.92% | 20.58% | 21.27% | -4.18% | 18.28% |
Returns By Period
In the year-to-date period, NWQIX achieves a -0.33% return, which is significantly higher than FPURX's -3.53% return. Over the past 10 years, NWQIX has underperformed FPURX with an annualized return of 5.38%, while FPURX has yielded a comparatively higher 10.27% annualized return.
NWQIX
- 1D
- 0.00%
- 1M
- -2.94%
- YTD
- -0.33%
- 6M
- 2.27%
- 1Y
- 10.77%
- 3Y*
- 9.04%
- 5Y*
- 3.81%
- 10Y*
- 5.38%
FPURX
- 1D
- -0.28%
- 1M
- -6.44%
- YTD
- -3.53%
- 6M
- -0.94%
- 1Y
- 12.60%
- 3Y*
- 13.60%
- 5Y*
- 7.81%
- 10Y*
- 10.27%
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NWQIX vs. FPURX - Expense Ratio Comparison
NWQIX has a 0.70% expense ratio, which is higher than FPURX's 0.50% expense ratio.
Return for Risk
NWQIX vs. FPURX — Risk / Return Rank
NWQIX
FPURX
NWQIX vs. FPURX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Flexible Income Fund (NWQIX) and Fidelity Puritan Fund (FPURX). 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.
| NWQIX | FPURX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.58 | 1.04 | +1.54 |
Sortino ratioReturn per unit of downside risk | 3.49 | 1.50 | +1.98 |
Omega ratioGain probability vs. loss probability | 1.56 | 1.22 | +0.33 |
Calmar ratioReturn relative to maximum drawdown | 2.91 | 1.37 | +1.55 |
Martin ratioReturn relative to average drawdown | 11.90 | 5.87 | +6.03 |
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
| NWQIX | FPURX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.58 | 1.04 | +1.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.59 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 0.79 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.71 | +0.01 |
Correlation
The correlation between NWQIX and FPURX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NWQIX vs. FPURX - Dividend Comparison
NWQIX's dividend yield for the trailing twelve months is around 5.75%, less than FPURX's 7.08% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWQIX Nuveen Flexible Income Fund | 5.75% | 6.52% | 5.20% | 7.84% | 7.02% | 4.39% | 4.82% | 5.71% | 6.23% | 5.67% | 5.52% | 5.70% |
FPURX Fidelity Puritan Fund | 7.08% | 6.83% | 11.30% | 5.34% | 9.38% | 13.10% | 5.10% | 4.29% | 15.26% | 3.78% | 3.71% | 7.49% |
Drawdowns
NWQIX vs. FPURX - Drawdown Comparison
The maximum NWQIX drawdown since its inception was -23.89%, smaller than the maximum FPURX drawdown of -31.76%. Use the drawdown chart below to compare losses from any high point for NWQIX and FPURX.
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Drawdown Indicators
| NWQIX | FPURX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.89% | -31.76% | +7.87% |
Max Drawdown (1Y)Largest decline over 1 year | -3.75% | -8.48% | +4.73% |
Max Drawdown (5Y)Largest decline over 5 years | -17.75% | -22.53% | +4.78% |
Max Drawdown (10Y)Largest decline over 10 years | -23.89% | -23.93% | +0.04% |
Current DrawdownCurrent decline from peak | -2.94% | -7.24% | +4.30% |
Average DrawdownAverage peak-to-trough decline | -3.04% | -4.66% | +1.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 1.97% | -1.05% |
Volatility
NWQIX vs. FPURX - Volatility Comparison
The current volatility for Nuveen Flexible Income Fund (NWQIX) is 1.50%, while Fidelity Puritan Fund (FPURX) has a volatility of 3.89%. This indicates that NWQIX experiences smaller price fluctuations and is considered to be less risky than FPURX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWQIX | FPURX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.50% | 3.89% | -2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 2.76% | 7.54% | -4.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.41% | 12.46% | -8.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.64% | 13.24% | -7.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.31% | 13.03% | -6.72% |