FJSYX vs. ARDC
Compare and contrast key facts about Nuveen Credit Income Fund (FJSYX) and Ares Dynamic Credit Allocation Fund, Inc. (ARDC).
FJSYX is managed by Nuveen. It was launched on Aug 30, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJSYX or ARDC.
Correlation
The correlation between FJSYX and ARDC is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FJSYX vs. ARDC - Performance Comparison
Key characteristics
FJSYX:
2.22
ARDC:
0.48
FJSYX:
3.55
ARDC:
0.71
FJSYX:
1.57
ARDC:
1.12
FJSYX:
2.26
ARDC:
0.39
FJSYX:
9.04
ARDC:
1.56
FJSYX:
0.96%
ARDC:
4.88%
FJSYX:
3.90%
ARDC:
15.75%
FJSYX:
-36.44%
ARDC:
-45.40%
FJSYX:
-2.21%
ARDC:
-10.62%
Returns By Period
In the year-to-date period, FJSYX achieves a -0.27% return, which is significantly higher than ARDC's -6.88% return. Over the past 10 years, FJSYX has underperformed ARDC with an annualized return of 4.27%, while ARDC has yielded a comparatively higher 7.56% annualized return.
FJSYX
-0.27%
-1.21%
1.25%
8.14%
7.26%
4.27%
ARDC
-6.88%
-2.36%
-5.30%
7.38%
15.24%
7.56%
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Risk-Adjusted Performance
FJSYX vs. ARDC — Risk-Adjusted Performance Rank
FJSYX
ARDC
FJSYX vs. ARDC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Credit Income Fund (FJSYX) and Ares Dynamic Credit Allocation Fund, Inc. (ARDC). 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.
Dividends
FJSYX vs. ARDC - Dividend Comparison
FJSYX's dividend yield for the trailing twelve months is around 8.29%, less than ARDC's 10.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FJSYX Nuveen Credit Income Fund | 8.29% | 8.42% | 7.32% | 5.80% | 4.73% | 4.74% | 6.20% | 7.84% | 7.07% | 7.09% | 8.14% | 7.12% |
ARDC Ares Dynamic Credit Allocation Fund, Inc. | 10.24% | 9.33% | 9.85% | 10.31% | 7.16% | 8.40% | 8.40% | 9.35% | 7.58% | 8.45% | 10.51% | 8.87% |
Drawdowns
FJSYX vs. ARDC - Drawdown Comparison
The maximum FJSYX drawdown since its inception was -36.44%, smaller than the maximum ARDC drawdown of -45.40%. Use the drawdown chart below to compare losses from any high point for FJSYX and ARDC. For additional features, visit the drawdowns tool.
Volatility
FJSYX vs. ARDC - Volatility Comparison
The current volatility for Nuveen Credit Income Fund (FJSYX) is 1.92%, while Ares Dynamic Credit Allocation Fund, Inc. (ARDC) has a volatility of 11.85%. This indicates that FJSYX experiences smaller price fluctuations and is considered to be less risky than ARDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.