USBLX vs. NWQIX
USBLX (USAA Growth and Tax Strategy Fund) and NWQIX (Nuveen Flexible Income Fund) are both Diversified Portfolio funds. Over the past 10 years, USBLX returned 7.94%/yr vs 5.24%/yr for NWQIX. Their 0.66 correlation means they have sometimes moved together and sometimes differently. USBLX charges 0.58%/yr vs 0.70%/yr for NWQIX.
Performance
USBLX vs. NWQIX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with USBLX having a 5.55% return and NWQIX slightly lower at 5.34%. Over the past 10 years, USBLX has outperformed NWQIX with an annualized return of 7.94%, while NWQIX has yielded a comparatively lower 5.24% annualized return.
USBLX
- 1D
- 0.29%
- 1M
- -0.89%
- 6M
- 4.20%
- YTD
- 5.55%
- 1Y
- 13.08%
- 3Y*
- 11.21%
- 5Y*
- 6.06%
- 10Y*
- 7.94%
- ALL TIME*
- 7.01%
NWQIX
- 1D
- 0.52%
- 1M
- -0.47%
- 6M
- 3.53%
- YTD
- 5.34%
- 1Y
- 11.57%
- 3Y*
- 10.02%
- 5Y*
- 4.03%
- 10Y*
- 5.24%
- ALL TIME*
- 5.03%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
USBLX vs. NWQIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USBLX USAA Growth and Tax Strategy Fund | 5.55% | 10.30% | 13.32% | 16.10% | -15.82% | 14.80% | 10.78% | 18.46% | -1.95% | 13.48% |
NWQIX Nuveen Flexible Income Fund | 5.34% | 11.74% | 6.03% | 11.61% | -13.64% | 4.94% | 5.54% | 18.57% | -4.07% | 9.18% |
Correlation
The correlation between USBLX and NWQIX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.67 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010 | 0.66 |
The correlation between USBLX and NWQIX shifts across timeframes, from 0.65 (10 years) to 0.79 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
USBLX vs. NWQIX — Risk / Return Rank
USBLX
NWQIX
USBLX vs. NWQIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Growth and Tax Strategy Fund (USBLX) 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.
| USBLX | NWQIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.96 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.61 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 3.95 | -1.56 |
| Martin ratioReturn relative to average drawdown | 10.99 | 17.80 | -6.81 |
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Drawdowns
USBLX vs. NWQIX - Drawdown Comparison
The maximum USBLX drawdown since its inception was -33.49%, which is greater than NWQIX's maximum drawdown of -23.89%. Use the drawdown chart below to compare losses from any high point for USBLX and NWQIX.
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Drawdown Indicators
| USBLX | NWQIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.49% | -23.89% | -9.60% |
Max Drawdown (1Y)Largest decline over 1 year | -5.24% | -2.94% | -2.30% |
Max Drawdown (3Y)Largest decline over 3 years | -11.66% | -4.59% | -7.07% |
Max Drawdown (5Y)Largest decline over 5 years | -20.51% | -17.75% | -2.76% |
Max Drawdown (10Y)Largest decline over 10 years | -21.93% | -23.89% | +1.96% |
Current DrawdownCurrent decline from peak | -1.29% | -0.62% | -0.67% |
Average DrawdownAverage peak-to-trough decline | -4.28% | -2.98% | -1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 0.65% | +0.49% |
Volatility
USBLX vs. NWQIX - Volatility Comparison
USAA Growth and Tax Strategy Fund (USBLX) has a higher volatility of 1.88% compared to Nuveen Flexible Income Fund (NWQIX) at 0.96%. This indicates that USBLX'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.
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Volatility by Period
| USBLX | NWQIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.88% | 0.96% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 5.38% | 3.19% | +2.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.71% | 3.99% | +2.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.71% | 5.70% | +3.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.11% | 6.29% | +2.82% |
USBLX vs. NWQIX - Expense Ratio Comparison
USBLX has a 0.58% expense ratio, which is lower than NWQIX's 0.70% expense ratio.
Dividends
USBLX vs. NWQIX - Dividend Comparison
USBLX's dividend yield for the trailing twelve months is around 2.26%, less than NWQIX's 5.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWQIX Nuveen Flexible Income Fund | 5.55% | 6.09% | 5.20% | 7.84% | 7.02% | 4.39% | 4.82% | 5.71% | 6.23% | 5.67% | 5.52% | 5.70% |
USBLX USAA Growth and Tax Strategy Fund | 2.26% | 1.96% | 2.28% | 2.11% | 1.74% | 1.66% | 1.88% | 1.95% | 2.73% | 2.16% | 2.31% | 2.69% |
Frequently Asked Questions
USBLX and NWQIX 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.
USBLX has higher volatility (1.88%) compared to NWQIX (0.96%). In terms of maximum drawdown, USBLX dropped -33.49% vs NWQIX's -23.89%.
NWQIX currently has the higher Sharpe Ratio (2.93 vs 1.86), 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.
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