FCBYX vs. JQC
FCBYX (Nuveen Strategic Income Fund) and JQC (Nuveen Credit Strategies Income Fund) are both mutual funds - FCBYX is a Multisector Bonds fund managed by Nuveen, while JQC is a Bank Loan fund managed by Nuveen. Over the past 10 years, FCBYX returned 4.02%/yr vs 5.75%/yr for JQC. At a 0.20 correlation, their price movements are largely independent. FCBYX charges 0.59%/yr vs 4.34%/yr for JQC.
Performance
FCBYX vs. JQC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FCBYX achieves a 1.01% return, which is significantly lower than JQC's 1.98% return. Over the past 10 years, FCBYX has underperformed JQC with an annualized return of 4.02%, while JQC has yielded a comparatively higher 5.75% annualized return.
FCBYX
- 1D
- -0.10%
- 1M
- 0.04%
- 6M
- 0.91%
- YTD
- 1.01%
- 1Y
- 5.75%
- 3Y*
- 7.02%
- 5Y*
- 2.77%
- 10Y*
- 4.02%
JQC
- 1D
- 0.21%
- 1M
- 0.62%
- 6M
- -0.78%
- YTD
- 1.98%
- 1Y
- -1.00%
- 3Y*
- 10.67%
- 5Y*
- 4.70%
- 10Y*
- 5.75%
FCBYX vs. JQC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCBYX Nuveen Strategic Income Fund | 1.01% | 8.55% | 6.86% | 9.14% | -10.36% | 1.47% | 8.45% | 13.18% | -3.07% | 5.54% |
JQC Nuveen Credit Strategies Income Fund | 1.98% | -0.36% | 22.29% | 15.26% | -14.22% | 13.29% | -2.96% | 21.78% | -4.33% | -0.27% |
Correlation
The correlation between FCBYX and JQC is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2003 | 0.20 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FCBYX vs. JQC — Risk / Return Rank
FCBYX
JQC
FCBYX vs. JQC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Strategic Income Fund (FCBYX) and Nuveen Credit Strategies Income Fund (JQC). 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.
| FCBYX | JQC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.18 | ||
| Sortino ratioReturn per unit of downside risk | +3.62 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 0.99 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | -0.10 | +2.48 |
| Martin ratioReturn relative to average drawdown | 7.94 | -0.19 | +8.13 |
Loading charts...
Drawdowns
FCBYX vs. JQC - Drawdown Comparison
The maximum FCBYX drawdown since its inception was -24.49%, smaller than the maximum JQC drawdown of -75.18%. Use the drawdown chart below to compare losses from any high point for FCBYX and JQC.
Loading charts...
Drawdown Indicators
| FCBYX | JQC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.49% | -75.18% | +50.69% |
Max Drawdown (1Y)Largest decline over 1 year | -2.39% | -10.15% | +7.76% |
Max Drawdown (3Y)Largest decline over 3 years | -4.75% | -15.37% | +10.62% |
Max Drawdown (5Y)Largest decline over 5 years | -15.74% | -19.83% | +4.09% |
Max Drawdown (10Y)Largest decline over 10 years | -15.93% | -47.99% | +32.06% |
Current DrawdownCurrent decline from peak | -0.53% | -4.16% | +3.63% |
Average DrawdownAverage peak-to-trough decline | -2.40% | -8.79% | +6.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 5.24% | -4.52% |
Volatility
FCBYX vs. JQC - Volatility Comparison
The current volatility for Nuveen Strategic Income Fund (FCBYX) is 0.73%, while Nuveen Credit Strategies Income Fund (JQC) has a volatility of 1.74%. This indicates that FCBYX experiences smaller price fluctuations and is considered to be less risky than JQC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FCBYX | JQC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.73% | 1.74% | -1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.09% | 8.71% | -6.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.73% | 11.17% | -8.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.14% | 13.13% | -8.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.19% | 17.51% | -13.32% |
FCBYX vs. JQC - Expense Ratio Comparison
FCBYX has a 0.59% expense ratio, which is lower than JQC's 4.34% expense ratio.
Dividends
FCBYX vs. JQC - Dividend Comparison
FCBYX's dividend yield for the trailing twelve months is around 5.32%, less than JQC's 13.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCBYX Nuveen Strategic Income Fund | 5.32% | 6.22% | 6.44% | 5.59% | 4.71% | 3.08% | 3.58% | 3.69% | 3.91% | 4.92% | 5.28% | 5.53% |
JQC Nuveen Credit Strategies Income Fund | 13.10% | 12.91% | 11.39% | 11.42% | 9.71% | 10.03% | 16.11% | 16.14% | 6.53% | 7.42% | 6.99% | 7.51% |
Frequently Asked Questions
FCBYX and JQC have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JQC has higher volatility (1.74%) compared to FCBYX (0.73%). In terms of maximum drawdown, FCBYX dropped -24.49% vs JQC's -75.18%.
FCBYX currently has the higher Sharpe Ratio (2.08 vs -0.09), 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.
Find the right allocation for FCBYX and JQC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer