JCE vs. ANFFX
Compare and contrast key facts about Nuveen Core Equity Alpha Fund (JCE) and American Funds The New Economy Fund Class F-1 (ANFFX).
JCE is an actively managed fund by Nuveen. It was launched on Mar 27, 2007. ANFFX is an actively managed fund by American Funds. It was launched on Mar 15, 2001.
Performance
JCE vs. ANFFX - Performance Comparison
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JCE vs. ANFFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JCE Nuveen Core Equity Alpha Fund | -5.16% | 9.06% | 27.90% | 10.67% | -14.29% | 47.67% | 3.59% | 30.50% | -11.11% | 31.98% |
ANFFX American Funds The New Economy Fund Class F-1 | -8.51% | 30.96% | 23.52% | 29.10% | -29.69% | 11.98% | 33.43% | 26.38% | -4.41% | 34.27% |
Returns By Period
In the year-to-date period, JCE achieves a -5.16% return, which is significantly higher than ANFFX's -8.51% return. Over the past 10 years, JCE has underperformed ANFFX with an annualized return of 11.60%, while ANFFX has yielded a comparatively higher 13.09% annualized return.
JCE
- 1D
- 4.75%
- 1M
- -4.62%
- YTD
- -5.16%
- 6M
- -1.92%
- 1Y
- 10.24%
- 3Y*
- 16.14%
- 5Y*
- 11.11%
- 10Y*
- 11.60%
ANFFX
- 1D
- -1.43%
- 1M
- -11.33%
- YTD
- -8.51%
- 6M
- -0.99%
- 1Y
- 27.33%
- 3Y*
- 20.21%
- 5Y*
- 8.37%
- 10Y*
- 13.09%
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JCE vs. ANFFX - Expense Ratio Comparison
JCE has a 1.00% expense ratio, which is higher than ANFFX's 0.78% expense ratio.
Return for Risk
JCE vs. ANFFX — Risk / Return Rank
JCE
ANFFX
JCE vs. ANFFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Core Equity Alpha Fund (JCE) and American Funds The New Economy Fund Class F-1 (ANFFX). 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.
| JCE | ANFFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.57 | 1.30 | -0.73 |
Sortino ratioReturn per unit of downside risk | 0.96 | 1.88 | -0.93 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.26 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.96 | 1.78 | -0.81 |
Martin ratioReturn relative to average drawdown | 4.01 | 7.66 | -3.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JCE | ANFFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 1.30 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.44 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.69 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.47 | -0.06 |
Correlation
The correlation between JCE and ANFFX is 0.69, 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.
Dividends
JCE vs. ANFFX - Dividend Comparison
JCE's dividend yield for the trailing twelve months is around 8.80%, less than ANFFX's 10.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JCE Nuveen Core Equity Alpha Fund | 8.80% | 8.03% | 8.05% | 9.45% | 17.22% | 9.89% | 6.57% | 6.84% | 9.23% | 17.33% | 8.68% | 19.27% |
ANFFX American Funds The New Economy Fund Class F-1 | 10.82% | 9.90% | 9.56% | 3.89% | 0.00% | 7.53% | 2.45% | 7.26% | 9.84% | 8.19% | 2.13% | 6.07% |
Drawdowns
JCE vs. ANFFX - Drawdown Comparison
The maximum JCE drawdown since its inception was -57.63%, roughly equal to the maximum ANFFX drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for JCE and ANFFX.
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Drawdown Indicators
| JCE | ANFFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.63% | -55.37% | -2.26% |
Max Drawdown (1Y)Largest decline over 1 year | -11.74% | -13.36% | +1.62% |
Max Drawdown (5Y)Largest decline over 5 years | -30.24% | -37.10% | +6.86% |
Max Drawdown (10Y)Largest decline over 10 years | -43.56% | -37.10% | -6.46% |
Current DrawdownCurrent decline from peak | -6.63% | -13.36% | +6.73% |
Average DrawdownAverage peak-to-trough decline | -9.33% | -11.43% | +2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 3.09% | -0.22% |
Volatility
JCE vs. ANFFX - Volatility Comparison
Nuveen Core Equity Alpha Fund (JCE) has a higher volatility of 6.95% compared to American Funds The New Economy Fund Class F-1 (ANFFX) at 6.50%. This indicates that JCE's price experiences larger fluctuations and is considered to be riskier than ANFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JCE | ANFFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.95% | 6.50% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 10.79% | 13.19% | -2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.18% | 20.67% | -2.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 19.16% | +3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.52% | 18.97% | +3.55% |