SPXX vs PXF

Comparison between Nuveen S&P 500 Dynamic Overwrite Fund (SPXX, ETF) and INVESCO FTSE RAFI DEVELOPED MARKETS EX-U.S. ETF (PXF, ETF).

5-Year PerformancePXF has outperformed SPXX, delivering a return of +14.5% compared to +8.9%

SPXX vs PXF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPXX(ETF)	PXF(ETF)
Net Assets	$2.80B	$2.90B
Expense Ratio	N/A	0.43%
Max Drawdown	59.96%	65.71%
Sharpe Ratio	0.92	1.88
5Y Beta	0.80	0.72
5Y Dividends CAGR	7.91%	20.92%

Net Assets

SPXX

$2.80B

Winner

PXF

$2.90B

Expense Ratio

SPXX

N/A

PXF

0.43%

Max Drawdown

Winner

SPXX

59.96%

PXF

65.71%

Sharpe Ratio

SPXX

0.92

Winner

PXF

1.88

5Y Beta

SPXX

0.80

Winner

PXF

0.72

5Y Dividends CAGR

SPXX

7.91%

Winner

PXF

20.92%

SPXX vs PXF - Historical Returns

Returns include dividend reinvestment.

Period	SPXX	PXF
1 month	+3.35%	+4.15%
3 months	+10.71%	+6.12%
6 months	+11.62%	+11.28%
1 year	+15.48%	+38.80%
5 years(CAGR)	+8.88%	+14.52%
10 years(CAGR)	+10.51%	+11.91%
Max(CAGR)	+7.77%	+5.61%

SPXX

+3.35%

Winner

PXF

+4.15%

Winner

SPXX

+10.71%

PXF

+6.12%

Winner

SPXX

+11.62%

PXF

+11.28%

SPXX

+15.48%

Winner

PXF

+38.80%

5Y(CAGR)

SPXX

+8.88%

Winner

PXF

+14.52%

10Y(CAGR)

SPXX

+10.51%

Winner

PXF

+11.91%

Max(CAGR)

Winner

SPXX

+7.77%

PXF

+5.61%

SPXX vs PXF - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	SPXX	PXF
2026	+10.94%	+20.74%
2025	+11.56%	+42.94%
2024	+28.64%	+5.44%
2023	+1.77%	+17.64%
2022	-7.14%	-9.89%
2021	+31.06%	+15.16%
2020	+0.75%	+1.75%
2019	+23.48%	+17.66%
2018	-14.40%	-15.52%
2017	+28.09%	+23.77%
2016	+14.57%	+8.91%
2015	+2.35%	-5.40%
2014	+9.85%	-5.31%
2013	+15.93%	+22.01%
2012	+15.76%	+13.11%
2011	-5.57%	-17.35%
2010	+13.97%	+3.74%
2009	+28.61%	+37.81%
2008	-29.58%	-41.42%
2007	-4.08%	+2.78%
2006	+22.10%	N/A
2005	-13.75%	N/A

SPXX vs PXF Drawdown Comparison

The maximum drawdown for SPXX was -52.38%, occurring on Mar 9, 2009. Recovery took 924 trading sessions.

The maximum drawdown for PXF was -64.74%, occurring on Mar 9, 2009. Recovery took 2408 trading sessions.

Rank	SPXX	PXF
#1	-52.38% Apr 12, 2007 - Dec 9, 2010	-64.74% Dec 19, 2007 - Jul 14, 2017
#2	-43.80% Jun 7, 2018 - Mar 1, 2021	-41.56% Jan 26, 2018 - Jan 7, 2021
#3	-18.59% Dec 14, 2010 - Feb 13, 2012	-26.85% Jan 12, 2022 - Jul 26, 2023
#4	-18.06% Jan 12, 2022 - Dec 1, 2022	-14.06% Mar 19, 2025 - May 2, 2025
#5	-17.95% Dec 1, 2022 - Jun 6, 2024	-11.27% Jul 13, 2007 - Oct 11, 2007
#6	-17.67% Feb 19, 2025 - Jun 30, 2025	-10.91% Feb 27, 2026 - May 6, 2026
#7	-14.69% Nov 30, 2005 - Aug 31, 2006	-10.24% Jul 28, 2023 - Dec 13, 2023
#8	-14.67% Nov 24, 2015 - Apr 12, 2016	-9.35% Sep 26, 2024 - Mar 5, 2025
#9	-11.85% Jan 12, 2026 - May 13, 2026	-8.79% Oct 31, 2007 - Dec 19, 2007
#10	-11.20% Oct 1, 2012 - Jan 11, 2013	-8.39% Jun 7, 2021 - Jan 11, 2022
#11	-9.73% Jun 15, 2021 - Dec 30, 2021	-7.30% Jul 12, 2024 - Aug 21, 2024
#12	-9.68% Jul 16, 2015 - Nov 3, 2015	-5.58% Jun 2, 2026 - Aug 5, 2026
#13	-7.94% Jan 26, 2018 - May 4, 2018	-5.18% Jan 8, 2021 - Feb 11, 2021
#14	-7.77% Apr 2, 2012 - Jul 27, 2012	-5.02% Nov 12, 2025 - Dec 3, 2025
#15	-7.69% Jul 16, 2024 - Aug 26, 2024	-4.64% May 17, 2024 - Jul 12, 2024

Correlation

Correlation between SPXX and PXF is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2006 - 2026)

SPXX vs PXF dividend yield comparison.

Year	SPXX	PXF
2026	3.96%	1.48%
2025	7.48%	3.64%
2024	6.87%	3.48%
2023	7.82%	3.55%
2022	7.30%	3.58%
2021	5.27%	3.74%
2020	6.56%	2.11%
2019	6.44%	3.50%
2018	7.98%	3.38%
2017	5.69%	2.78%
2016	5.14%	3.21%
2015	7.75%	3.10%
2014	7.30%	4.00%
2013	7.93%	2.41%
2012	8.66%	2.69%
2011	9.28%	2.20%
2010	8.09%	2.50%
2009	8.56%	2.04%
2008	13.80%	3.05%
2007	9.46%	0.22%
2006	8.36%	0.00%