OGIAX vs. NWQIX
OGIAX (JPMorgan Investor Balanced A) and NWQIX (Nuveen Flexible Income Fund) are both Diversified Portfolio funds. Over the past 10 years, OGIAX returned 8.53%/yr vs 5.76%/yr for NWQIX. A 0.71 correlation means they provide meaningful diversification when combined. OGIAX charges 0.97%/yr vs 0.70%/yr for NWQIX.
Performance
OGIAX vs. NWQIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OGIAX achieves a 5.14% return, which is significantly lower than NWQIX's 5.55% return. Over the past 10 years, OGIAX has outperformed NWQIX with an annualized return of 8.53%, while NWQIX has yielded a comparatively lower 5.76% annualized return.
OGIAX
- 1D
- -0.23%
- 1M
- 1.22%
- YTD
- 5.14%
- 6M
- 4.74%
- 1Y
- 13.54%
- 3Y*
- 11.59%
- 5Y*
- 5.94%
- 10Y*
- 8.53%
NWQIX
- 1D
- -0.15%
- 1M
- 1.46%
- YTD
- 5.55%
- 6M
- 5.96%
- 1Y
- 14.35%
- 3Y*
- 10.77%
- 5Y*
- 4.42%
- 10Y*
- 5.76%
OGIAX vs. NWQIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OGIAX JPMorgan Investor Balanced A | 5.14% | 12.46% | 9.00% | 14.74% | -13.87% | 11.73% | 13.91% | 22.60% | -5.01% | 13.03% |
NWQIX Nuveen Flexible Income Fund | 5.55% | 11.74% | 6.03% | 11.61% | -13.64% | 4.94% | 5.54% | 18.57% | -4.07% | 9.18% |
Correlation
The correlation between OGIAX and NWQIX is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010 | 0.71 |
The correlation between OGIAX and NWQIX shifts across timeframes, from 0.71 (10 years) to 0.81 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OGIAX vs. NWQIX — Risk / Return Rank
OGIAX
NWQIX
OGIAX vs. NWQIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Investor Balanced A (OGIAX) and Nuveen Flexible Income Fund (NWQIX). 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.
| OGIAX | NWQIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.73 | ||
| Sortino ratioReturn per unit of downside risk | -3.05 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.82 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 4.98 | -2.45 |
| Martin ratioReturn relative to average drawdown | 10.92 | 23.52 | -12.60 |
Loading charts...
Drawdowns
OGIAX vs. NWQIX - Drawdown Comparison
The maximum OGIAX drawdown since its inception was -29.75%, which is greater than NWQIX's maximum drawdown of -23.89%. Use the drawdown chart below to compare losses from any high point for OGIAX and NWQIX.
Loading charts...
Drawdown Indicators
| OGIAX | NWQIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.75% | -23.89% | -5.86% |
Max Drawdown (1Y)Largest decline over 1 year | -5.62% | -2.94% | -2.68% |
Max Drawdown (3Y)Largest decline over 3 years | -8.70% | -4.59% | -4.11% |
Max Drawdown (5Y)Largest decline over 5 years | -18.78% | -17.75% | -1.03% |
Max Drawdown (10Y)Largest decline over 10 years | -21.07% | -23.89% | +2.82% |
Current DrawdownCurrent decline from peak | -0.23% | -0.15% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -3.57% | -3.00% | -0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 0.62% | +0.68% |
Volatility
OGIAX vs. NWQIX - Volatility Comparison
JPMorgan Investor Balanced A (OGIAX) has a higher volatility of 2.80% compared to Nuveen Flexible Income Fund (NWQIX) at 1.23%. This indicates that OGIAX's price experiences larger fluctuations and is considered to be riskier than NWQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OGIAX | NWQIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.80% | 1.23% | +1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 5.99% | 3.14% | +2.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.26% | 3.98% | +3.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.02% | 5.70% | +3.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.34% | 6.33% | +3.01% |
OGIAX vs. NWQIX - Expense Ratio Comparison
OGIAX has a 0.97% expense ratio, which is higher than NWQIX's 0.70% expense ratio.
Dividends
OGIAX vs. NWQIX - Dividend Comparison
OGIAX's dividend yield for the trailing twelve months is around 5.63%, more than NWQIX's 5.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWQIX Nuveen Flexible Income Fund | 5.50% | 6.09% | 5.20% | 7.84% | 7.02% | 4.39% | 4.82% | 5.71% | 6.23% | 5.67% | 5.52% | 5.70% |
OGIAX JPMorgan Investor Balanced A | 5.63% | 5.87% | 5.76% | 3.28% | 6.82% | 5.11% | 5.99% | 11.18% | 7.63% | 6.70% | 3.56% | 4.94% |
Frequently Asked Questions
OGIAX and NWQIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OGIAX has higher volatility (2.80%) compared to NWQIX (1.23%). In terms of maximum drawdown, OGIAX dropped -29.75% vs NWQIX's -23.89%.
NWQIX currently has the higher Sharpe Ratio (3.69 vs 1.96), 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.
Find the right allocation for OGIAX and NWQIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer