JGH vs. SPYI
Compare and contrast key facts about Nuveen Global High Income Fund (JGH) and NEOS S&P 500 High Income ETF (SPYI).
JGH is managed by Nuveen. It was launched on Nov 24, 2014. SPYI is an actively managed fund by Neos Investments. It was launched on Aug 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JGH or SPYI.
Correlation
The correlation between JGH and SPYI is 0.44, 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
JGH vs. SPYI - Performance Comparison
Key characteristics
JGH:
1.87
SPYI:
1.88
JGH:
2.68
SPYI:
2.49
JGH:
1.36
SPYI:
1.38
JGH:
3.54
SPYI:
2.82
JGH:
10.98
SPYI:
12.93
JGH:
1.74%
SPYI:
1.44%
JGH:
10.21%
SPYI:
9.95%
JGH:
-43.79%
SPYI:
-10.19%
JGH:
-0.13%
SPYI:
-0.21%
Returns By Period
In the year-to-date period, JGH achieves a 5.97% return, which is significantly higher than SPYI's 4.00% return.
JGH
5.97%
3.27%
9.30%
17.91%
5.24%
7.22%
SPYI
4.00%
1.64%
9.53%
19.80%
N/A
N/A
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JGH vs. SPYI - Expense Ratio Comparison
JGH has a 1.68% expense ratio, which is higher than SPYI's 0.68% expense ratio.
Risk-Adjusted Performance
JGH vs. SPYI — Risk-Adjusted Performance Rank
JGH
SPYI
JGH vs. SPYI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Global High Income Fund (JGH) and NEOS S&P 500 High Income ETF (SPYI). 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
JGH vs. SPYI - Dividend Comparison
JGH's dividend yield for the trailing twelve months is around 9.31%, less than SPYI's 10.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JGH Nuveen Global High Income Fund | 9.31% | 9.72% | 10.23% | 12.05% | 8.20% | 7.15% | 7.53% | 9.88% | 8.52% | 9.61% | 11.44% |
SPYI NEOS S&P 500 High Income ETF | 10.79% | 12.04% | 12.01% | 4.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JGH vs. SPYI - Drawdown Comparison
The maximum JGH drawdown since its inception was -43.79%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for JGH and SPYI. For additional features, visit the drawdowns tool.
Volatility
JGH vs. SPYI - Volatility Comparison
The current volatility for Nuveen Global High Income Fund (JGH) is 1.47%, while NEOS S&P 500 High Income ETF (SPYI) has a volatility of 1.99%. This indicates that JGH experiences smaller price fluctuations and is considered to be less risky than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.