TSORX vs. TIEIX

Last updated Jun 24, 2026

TSORX (Nuveen International Responsible Equity Fund Class A) and TIEIX (Nuveen Equity Index Fund Class I) are both mutual funds - TSORX is a Foreign Large Cap Equities fund actively managed by Nuveen, while TIEIX is a Large Cap Blend Equities fund tracking the Russell 3000 Index. TSORX is actively managed, while TIEIX is passively managed. Over the past 10 years, TSORX returned 9.49%/yr vs 15.07%/yr for TIEIX. A 0.78 correlation means they provide meaningful diversification when combined. TSORX charges 0.71%/yr vs 0.09%/yr for TIEIX.

Performance

TSORX vs. TIEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen International Responsible Equity Fund Class A (TSORX) and Nuveen Equity Index Fund Class I (TIEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSORX achieves a 9.14% return, which is significantly lower than TIEIX's 10.07% return. Over the past 10 years, TSORX has underperformed TIEIX with an annualized return of 9.49%, while TIEIX has yielded a comparatively higher 15.07% annualized return.

TSORX

• 1D: 0.18%
• 1M: 2.77%
• YTD: 9.14%
• 6M: 8.66%
• 1Y: 21.46%
• 3Y*: 15.83%
• 5Y*: 8.44%
• 10Y*: 9.49%

TIEIX

• 1D: -0.33%
• 1M: 0.49%
• YTD: 10.07%
• 6M: 8.95%
• 1Y: 25.43%
• 3Y*: 21.02%
• 5Y*: 12.38%
• 10Y*: 15.07%

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

TSORX vs. TIEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TSORX Nuveen International Responsible Equity Fund Class A	9.14%	28.13%	2.92%	18.90%	-15.04%	11.57%	9.49%	23.02%	-13.94%	21.85%
TIEIX Nuveen Equity Index Fund Class I	10.07%	17.04%	23.71%	25.92%	-19.18%	25.64%	20.82%	30.89%	-5.27%	19.05%

Correlation

The correlation between TSORX and TIEIX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.78

The correlation between TSORX and TIEIX has been stable across timeframes, ranging from 0.74 to 0.79 - a consistent structural relationship.

Return for Risk

TSORX vs. TIEIX — Risk / Return Rank

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

TSORX

TSORX Risk / Return Rank: 29
TSORX Sharpe Ratio Rank: 29
TSORX Sortino Ratio Rank: 29
TSORX Omega Ratio Rank: 29
TSORX Calmar Ratio Rank: 27
TSORX Martin Ratio Rank: 30

TIEIX

TIEIX Risk / Return Rank: 63
TIEIX Sharpe Ratio Rank: 60
TIEIX Sortino Ratio Rank: 55
TIEIX Omega Ratio Rank: 55
TIEIX Calmar Ratio Rank: 69
TIEIX Martin Ratio Rank: 78

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.

TSORX vs. TIEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen International Responsible Equity Fund Class A (TSORX) and Nuveen Equity Index Fund Class I (TIEIX). 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.

	TSORX	TIEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.43	2.10	-0.67
Sortino ratio: Return per unit of downside risk	2.06	2.85	-0.79
Omega ratio: Gain probability vs. loss probability	1.26	1.38	-0.12
Calmar ratio: Return relative to maximum drawdown	1.79	3.04	-1.25
Martin ratio: Return relative to average drawdown	6.55	13.55	-7.00

TSORX vs. TIEIX - Sharpe Ratio Comparison

The current TSORX Sharpe Ratio is 1.43, which is lower than the TIEIX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of TSORX and TIEIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TSORX vs. TIEIX - Drawdown Comparison

The maximum TSORX drawdown since its inception was -33.10%, smaller than the maximum TIEIX drawdown of -55.55%. Use the drawdown chart below to compare losses from any high point for TSORX and TIEIX.

Drawdown Indicators

	TSORX	TIEIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.10%	-55.55%	+22.45%
Max Drawdown (1Y) Largest decline over 1 year	-12.68%	-8.84%	-3.84%
Max Drawdown (3Y) Largest decline over 3 years	-13.26%	-19.29%	+6.03%
Max Drawdown (5Y) Largest decline over 5 years	-29.70%	-25.06%	-4.64%
Max Drawdown (10Y) Largest decline over 10 years	-33.10%	-34.90%	+1.80%
Current Drawdown Current decline from peak	0.00%	-1.47%	+1.47%
Average Drawdown Average peak-to-trough decline	-6.14%	-10.28%	+4.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	1.98%	+1.48%

Volatility

TSORX vs. TIEIX - Volatility Comparison

Nuveen International Responsible Equity Fund Class A (TSORX) and Nuveen Equity Index Fund Class I (TIEIX) have volatilities of 4.71% and 4.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSORX	TIEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.71%	4.73%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	13.17%	10.07%	+3.10%
Volatility (1Y) Calculated over the trailing 1-year period	15.92%	12.81%	+3.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.19%	17.40%	-1.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.64%	18.45%	-1.81%

TSORX vs. TIEIX - Expense Ratio Comparison

TSORX has a 0.71% expense ratio, which is higher than TIEIX's 0.09% expense ratio.

Dividends

TSORX vs. TIEIX - Dividend Comparison

TSORX's dividend yield for the trailing twelve months is around 5.02%, more than TIEIX's 2.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TIEIX Nuveen Equity Index Fund Class I	2.17%	2.39%	1.63%	1.47%	1.83%	2.08%	1.43%	1.99%	2.45%	0.52%	2.45%	1.27%
TSORX Nuveen International Responsible Equity Fund Class A	5.02%	5.48%	2.98%	2.96%	2.03%	2.85%	1.21%	1.34%	2.11%	0.04%	2.21%	0.00%

Frequently Asked Questions

Can I hold both TSORX and TIEIX in my portfolio?

TSORX and TIEIX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSORX or TIEIX?

TIEIX has higher volatility (4.73%) compared to TSORX (4.71%). In terms of maximum drawdown, TSORX dropped -33.10% vs TIEIX's -55.55%.

Which has better risk-adjusted returns?

TIEIX currently has the higher Sharpe Ratio (2.10 vs 1.43), 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.