SPXX vs. PQIPX
Compare and contrast key facts about Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) and PIMCO Dividend and Income Fund (PQIPX).
SPXX is an actively managed fund by Nuveen. It was launched on Nov 23, 2005. PQIPX is managed by PIMCO. It was launched on Dec 13, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPXX or PQIPX.
Correlation
The correlation between SPXX and PQIPX is 0.61, 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.
Performance
SPXX vs. PQIPX - Performance Comparison
Key characteristics
SPXX:
2.41
PQIPX:
2.16
SPXX:
3.13
PQIPX:
2.98
SPXX:
1.44
PQIPX:
1.40
SPXX:
3.58
PQIPX:
3.70
SPXX:
17.19
PQIPX:
10.37
SPXX:
1.60%
PQIPX:
1.29%
SPXX:
11.43%
PQIPX:
6.21%
SPXX:
-52.39%
PQIPX:
-33.13%
SPXX:
0.00%
PQIPX:
0.00%
Returns By Period
In the year-to-date period, SPXX achieves a 3.72% return, which is significantly lower than PQIPX's 4.15% return. Over the past 10 years, SPXX has outperformed PQIPX with an annualized return of 9.91%, while PQIPX has yielded a comparatively lower 4.29% annualized return.
SPXX
3.72%
3.14%
16.00%
29.34%
9.27%
9.91%
PQIPX
4.15%
3.16%
3.87%
13.29%
7.39%
4.29%
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SPXX vs. PQIPX - Expense Ratio Comparison
SPXX has a 0.89% expense ratio, which is higher than PQIPX's 0.81% expense ratio.
Risk-Adjusted Performance
SPXX vs. PQIPX — Risk-Adjusted Performance Rank
SPXX
PQIPX
SPXX vs. PQIPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) and PIMCO Dividend and Income Fund (PQIPX). 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.
Dividends
SPXX vs. PQIPX - Dividend Comparison
SPXX's dividend yield for the trailing twelve months is around 6.63%, more than PQIPX's 4.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPXX Nuveen S&P 500 Dynamic Overwrite Fund | 6.63% | 6.87% | 7.82% | 7.30% | 5.27% | 6.56% | 6.44% | 7.98% | 5.70% | 6.81% | 7.75% | 7.30% |
PQIPX PIMCO Dividend and Income Fund | 4.91% | 5.12% | 4.49% | 5.51% | 3.96% | 2.68% | 3.80% | 3.74% | 2.70% | 3.46% | 4.59% | 3.98% |
Drawdowns
SPXX vs. PQIPX - Drawdown Comparison
The maximum SPXX drawdown since its inception was -52.39%, which is greater than PQIPX's maximum drawdown of -33.13%. Use the drawdown chart below to compare losses from any high point for SPXX and PQIPX. For additional features, visit the drawdowns tool.
Volatility
SPXX vs. PQIPX - Volatility Comparison
Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) has a higher volatility of 2.04% compared to PIMCO Dividend and Income Fund (PQIPX) at 1.55%. This indicates that SPXX's price experiences larger fluctuations and is considered to be riskier than PQIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.