QQQX's ROA % is ranked better than 77.74% of 1635
companies
in the Asset Management industry
Industry Median: 3.97
vs QQQX: 12.46
Nuveen NASDAQ 100 Dynamic Overwrite Fund (NAS:QQQX) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Nuveen NASDAQ 100 Dynamic Overwrite Fund ROA % Related Terms
Nuveen NASDAQ 100 Dynamic Overwrite Fund ROA % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nuveen NASDAQ 100 Dynamic Overwrite Fund ROA % Chart
Nuveen NASDAQ 100 Dynamic Overwrite Fund Annual Data
For the Asset Management subindustry, Nuveen NASDAQ 100 Dynamic Overwrite Fund's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nuveen NASDAQ 100 Dynamic Overwrite Fund ROA % vs Asset Management Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) has a ROA % of 26.17% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nuveen NASDAQ 100 Dynamic Overwrite Fund and its competitors. This is 47% above median its historical median of 17.79. According to the industry distribution chart, Nuveen NASDAQ 100 Dynamic Overwrite Fund ranks #364 out of 1635 companies in the Asset Management industry, placing it in the top 22.3%.
Is Nuveen NASDAQ 100 Dynamic Overwrite Fund's ROA % too high?
Nuveen NASDAQ 100 Dynamic Overwrite Fund's current ROA % of 26.17% is 47% above median its 10-year median of 17.79. The Asset Management industry median ROA % is 3.97. Nuveen NASDAQ 100 Dynamic Overwrite Fund's value of 26.17% is 559.2% above this industry median. Based on the distribution chart, Nuveen NASDAQ 100 Dynamic Overwrite Fund ranks #364 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Nuveen NASDAQ 100 Dynamic Overwrite Fund has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen NASDAQ 100 Dynamic Overwrite Fund's ROA % compare to ECAT and GAM?
According to the Asset Management industry distribution chart, Nuveen NASDAQ 100 Dynamic Overwrite Fund ranks #364 out of 1635 companies for ROA %. This places Nuveen NASDAQ 100 Dynamic Overwrite Fund in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 3.97. Nuveen NASDAQ 100 Dynamic Overwrite Fund's value of 26.17% is 559.2% above this benchmark. While the company's 10-year median is 17.79 vs. the industry median of 3.97, Nuveen NASDAQ 100 Dynamic Overwrite Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 3.97, based on 1,635 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen NASDAQ 100 Dynamic Overwrite Fund's current ROA % of 26.17% is 559.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nuveen NASDAQ 100 Dynamic Overwrite Fund and its competitors. For the Asset Management industry, the median ROA % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen NASDAQ 100 Dynamic Overwrite Fund's current ROA % is 26.17%, which is 47% above median its own 10-year median of 17.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen NASDAQ 100 Dynamic Overwrite Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.46, compared to a current price of $28.68 — trading 47.4% above its estimated fair value. The current ROA % is 26.17%, which is 47% above median its 10-year median of 17.79 and 559.2% above the Asset Management industry median of 3.97. Nuveen NASDAQ 100 Dynamic Overwrite Fund's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX), the current ROA % is 26.17% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen NASDAQ 100 Dynamic Overwrite Fund stock appears to be overvalued.
The current stock price of $28.68 is trading 47.4% above its estimated GF Value™ of $19.46.
GuruFocus considers Nuveen NASDAQ 100 Dynamic Overwrite Fund to be Significantly Overvalued.
Key valuation signals for QQQX:
ROA %: 26.17% (47% above median its 10-year median of 17.79)
GF Value™: $19.46 vs. price of $28.68 (47.4% above fair value)
Industry Position: 559.2% above the Asset Management median (#364 of 1635)
No single metric tells the full story. See the QQQX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen NASDAQ 100 Dynamic Overwrite Fund Business Description
Nuveen NASDAQ 100 Dynamic Overwrite Fund is a closed-end management investment company. Its investment objective is to seek attractive total return with less volatility than the S&P 500 Index. Under normal circumstances, the Fund will invest at least 80% of its Assets (as defined below) in a diversified equity portfolio made up of securities comprising the S&P 500 Index (or securities that have economic characteristics that are similar to those securities comprising the S&P 500 Index) that seeks to substantially replicate price movements of the S&P 500 Index and is designed to support the Fund's option strategy.
51GF Score
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