TRIEX vs. QQQX

Last updated Apr 2, 2026

Compare and contrast key facts about Nuveen International Equity Index Fund Retirement Class (TRIEX) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX).

TRIEX is a passively managed fund by Nuveen that tracks the performance of the MSCI EAFE Index. It was launched on Oct 1, 2002. QQQX is a passively managed fund by Nuveen that tracks the performance of the Nasdaq 100 Index. It was launched on Jan 30, 2007. Both TRIEX and QQQX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

TRIEX vs. QQQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen International Equity Index Fund Retirement Class (TRIEX) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX). The values are adjusted to include any dividend payments, if applicable.

TRIEX vs. QQQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRIEX Nuveen International Equity Index Fund Retirement Class	0.98%	31.24%	3.41%	17.93%	-14.44%	11.08%	7.85%	21.58%	-13.56%	25.06%
QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund	-0.51%	14.87%	25.61%	21.68%	-27.39%	25.32%	15.75%	28.83%	-11.68%	39.19%

Returns By Period

In the year-to-date period, TRIEX achieves a 0.98% return, which is significantly higher than QQQX's -0.51% return. Over the past 10 years, TRIEX has underperformed QQQX with an annualized return of 8.63%, while QQQX has yielded a comparatively higher 11.87% annualized return.

TRIEX

• 1D: 2.99%
• 1M: -6.32%
• YTD: 0.98%
• 6M: 4.68%
• 1Y: 22.55%
• 3Y*: 14.20%
• 5Y*: 7.98%
• 10Y*: 8.63%

QQQX

• 1D: 4.05%
• 1M: 1.77%
• YTD: -0.51%
• 6M: 4.98%
• 1Y: 26.55%
• 3Y*: 13.53%
• 5Y*: 8.16%
• 10Y*: 11.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TRIEX vs. QQQX - Expense Ratio Comparison

TRIEX has a 0.30% expense ratio, which is lower than QQQX's 0.92% expense ratio.

QQQX

Nuveen NASDAQ 100 Dynamic Overwrite Fund

TRIEX

Nuveen International Equity Index Fund Retirement Class

Return for Risk

TRIEX vs. QQQX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRIEX

TRIEX Risk / Return Rank: 63
TRIEX Sharpe Ratio Rank: 67
TRIEX Sortino Ratio Rank: 64
TRIEX Omega Ratio Rank: 60
TRIEX Calmar Ratio Rank: 65
TRIEX Martin Ratio Rank: 58

QQQX

QQQX Risk / Return Rank: 78
QQQX Sharpe Ratio Rank: 70
QQQX Sortino Ratio Rank: 73
QQQX Omega Ratio Rank: 75
QQQX Calmar Ratio Rank: 84
QQQX Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TRIEX vs. QQQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen International Equity Index Fund Retirement Class (TRIEX) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX). 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.

	TRIEX	QQQX	Difference
Sharpe ratio Return per unit of total volatility	1.34	1.26	+0.08
Sortino ratio Return per unit of downside risk	1.85	1.87	-0.02
Omega ratio Gain probability vs. loss probability	1.27	1.29	-0.03
Calmar ratio Return relative to maximum drawdown	1.81	2.10	-0.29
Martin ratio Return relative to average drawdown	6.82	10.38	-3.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRIEX vs. QQQX - Sharpe Ratio Comparison

The current TRIEX Sharpe Ratio is 1.34, which is comparable to the QQQX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of TRIEX and QQQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TRIEX	QQQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	1.26	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.41	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.57	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.46	-0.06

Correlation

The correlation between TRIEX and QQQX is 0.60, 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

TRIEX vs. QQQX - Dividend Comparison

TRIEX's dividend yield for the trailing twelve months is around 3.53%, less than QQQX's 8.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TRIEX Nuveen International Equity Index Fund Retirement Class	3.53%	3.57%	2.84%	2.83%	2.49%	2.69%	1.70%	2.78%	3.05%	2.51%	2.65%	2.72%
QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund	8.27%	7.85%	6.73%	7.26%	9.66%	5.85%	6.00%	6.49%	8.40%	5.95%	7.54%	7.23%

Drawdowns

TRIEX vs. QQQX - Drawdown Comparison

The maximum TRIEX drawdown since its inception was -60.73%, which is greater than QQQX's maximum drawdown of -57.25%. Use the drawdown chart below to compare losses from any high point for TRIEX and QQQX.

Drawdown Indicators

	TRIEX	QQQX	Difference
Max Drawdown Largest peak-to-trough decline	-60.73%	-57.25%	-3.48%
Max Drawdown (1Y) Largest decline over 1 year	-11.37%	-12.93%	+1.56%
Max Drawdown (5Y) Largest decline over 5 years	-29.44%	-29.33%	-0.11%
Max Drawdown (10Y) Largest decline over 10 years	-33.96%	-35.96%	+2.00%
Current Drawdown Current decline from peak	-8.22%	-0.86%	-7.36%
Average Drawdown Average peak-to-trough decline	-11.50%	-8.09%	-3.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	2.61%	+0.40%

Volatility

TRIEX vs. QQQX - Volatility Comparison

The current volatility for Nuveen International Equity Index Fund Retirement Class (TRIEX) is 7.74%, while Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) has a volatility of 8.15%. This indicates that TRIEX experiences smaller price fluctuations and is considered to be less risky than QQQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRIEX	QQQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.74%	8.15%	-0.41%
Volatility (6M) Calculated over the trailing 6-month period	11.21%	11.99%	-0.78%
Volatility (1Y) Calculated over the trailing 1-year period	17.17%	21.13%	-3.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.94%	19.80%	-3.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.59%	21.05%	-4.46%