JGH vs. PDI
JGH (Nuveen Global High Income Fund) is High Yield Bonds fund managed by Nuveen, while PDI (PIMCO Dynamic Income Fund) is a stock. Over the past 10 years, JGH returned 7.61%/yr vs 6.63%/yr for PDI. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
JGH vs. PDI - Performance Comparison
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Returns By Period
In the year-to-date period, JGH achieves a 5.11% return, which is significantly higher than PDI's -1.34% return. Over the past 10 years, JGH has outperformed PDI with an annualized return of 7.61%, while PDI has yielded a comparatively lower 6.63% annualized return.
JGH
- 1D
- 0.08%
- 1M
- -0.13%
- 6M
- 1.68%
- YTD
- 5.11%
- 1Y
- 4.74%
- 3Y*
- 13.20%
- 5Y*
- 5.30%
- 10Y*
- 7.61%
- ALL TIME*
- 6.27%
PDI
- 1D
- -0.68%
- 1M
- -2.92%
- 6M
- -5.41%
- YTD
- -1.34%
- 1Y
- -3.63%
- 3Y*
- 8.66%
- 5Y*
- 2.52%
- 10Y*
- 6.63%
- ALL TIME*
- 9.85%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $971.44K | $1.41M | $1.21M | |
| $42.57M | $40.75M | $45.28M |
JGH vs. PDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JGH Nuveen Global High Income Fund | 5.11% | 8.62% | 15.98% | 20.89% | -21.01% | 10.84% | 2.77% | 30.04% | -12.02% | 15.25% |
PDI PIMCO Dynamic Income Fund | -1.34% | 11.03% | 17.18% | 11.99% | -16.99% | 7.81% | -9.96% | 22.23% | 7.35% | 18.59% |
Correlation
The correlation between JGH and PDI is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.32 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2014 | 0.34 |
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Return for Risk
JGH vs. PDI — Risk / Return Rank
JGH
PDI
JGH vs. PDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Global High Income Fund (JGH) and PIMCO Dynamic Income Fund (PDI). 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.
| JGH | PDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.95 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | -0.32 | +0.89 |
| Martin ratioReturn relative to average drawdown | 1.35 | -0.61 | +1.96 |
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Drawdowns
JGH vs. PDI - Drawdown Comparison
The maximum JGH drawdown since its inception was -43.79%, smaller than the maximum PDI drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for JGH and PDI.
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Drawdown Indicators
| JGH | PDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.79% | -46.47% | +2.68% |
Max Drawdown (1Y)Largest decline over 1 year | -8.37% | -10.95% | +2.58% |
Max Drawdown (3Y)Largest decline over 3 years | -13.70% | -17.55% | +3.85% |
Max Drawdown (5Y)Largest decline over 5 years | -28.66% | -27.19% | -1.47% |
Max Drawdown (10Y)Largest decline over 10 years | -43.79% | -46.47% | +2.68% |
Current DrawdownCurrent decline from peak | -2.07% | -9.05% | +6.98% |
Average DrawdownAverage peak-to-trough decline | -6.93% | -6.23% | -0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.52% | 5.78% | -2.26% |
Volatility
JGH vs. PDI - Volatility Comparison
The current volatility for Nuveen Global High Income Fund (JGH) is 2.52%, while PIMCO Dynamic Income Fund (PDI) has a volatility of 3.04%. This indicates that JGH experiences smaller price fluctuations and is considered to be less risky than PDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JGH | PDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.52% | 3.04% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 7.61% | 8.89% | -1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.44% | 11.83% | -1.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.78% | 15.58% | -1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.87% | 19.05% | -3.18% |
Dividends
JGH vs. PDI - Dividend Comparison
JGH's dividend yield for the trailing twelve months is around 9.91%, less than PDI's 16.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGH Nuveen Global High Income Fund | 9.91% | 9.82% | 9.67% | 10.18% | 12.05% | 8.19% | 7.13% | 7.53% | 9.88% | 8.52% | 9.61% | 11.44% |
PDI PIMCO Dynamic Income Fund | 16.54% | 14.94% | 14.43% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 18.70% |
Frequently Asked Questions
JGH and PDI have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PDI has higher volatility (3.04%) compared to JGH (2.52%). In terms of maximum drawdown, JGH dropped -43.79% vs PDI's -46.47%.
JGH currently has the higher Sharpe Ratio (0.46 vs -0.30), 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.
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