JLS vs. JQC
JLS (Nuveen Mortgage and Income Fund) and JQC (Nuveen Credit Strategies Income Fund) are both mutual funds - JLS is a Mortgage Backed Securities fund managed by Nuveen, while JQC is a Bank Loan fund managed by Nuveen. Over the past 10 years, JLS returned 5.20%/yr vs 5.49%/yr for JQC. Their 0.22 correlation means their historical movements had little consistent relationship. JLS charges 0.04%/yr vs 4.34%/yr for JQC.
Performance
JLS vs. JQC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JLS achieves a 0.31% return, which is significantly lower than JQC's 2.40% return. Over the past 10 years, JLS has underperformed JQC with an annualized return of 5.20%, while JQC has yielded a comparatively higher 5.49% annualized return.
JLS
- 1D
- -0.29%
- 1M
- -0.22%
- 6M
- -2.88%
- YTD
- 0.31%
- 1Y
- 0.32%
- 3Y*
- 12.50%
- 5Y*
- 4.75%
- 10Y*
- 5.20%
- ALL TIME*
- 6.10%
JQC
- 1D
- 0.42%
- 1M
- -0.01%
- 6M
- -0.84%
- YTD
- 2.40%
- 1Y
- -1.75%
- 3Y*
- 10.82%
- 5Y*
- 4.66%
- 10Y*
- 5.49%
- ALL TIME*
- 4.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $480.69K | $426.26K | $441.40K | |
| $2.47M | $2.59M | $2.73M |
JLS vs. JQC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JLS Nuveen Mortgage and Income Fund | 0.31% | 11.60% | 17.86% | 14.88% | -17.88% | 11.02% | -5.38% | 4.26% | -1.02% | 17.03% |
JQC Nuveen Credit Strategies Income Fund | 2.40% | -0.36% | 22.29% | 15.26% | -14.22% | 13.29% | -2.96% | 21.78% | -4.33% | -0.27% |
Correlation
The correlation between JLS and JQC is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 2009 | 0.22 |
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
JLS vs. JQC — Risk / Return Rank
JLS
JQC
JLS vs. JQC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Mortgage and Income Fund (JLS) 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.
| JLS | JQC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.98 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.06 | -0.17 | +0.23 |
| Martin ratioReturn relative to average drawdown | 0.14 | -0.33 | +0.47 |
Loading charts...
Drawdowns
JLS vs. JQC - Drawdown Comparison
The maximum JLS drawdown since its inception was -35.18%, smaller than the maximum JQC drawdown of -75.18%. Use the drawdown chart below to compare losses from any high point for JLS and JQC.
Loading charts...
Drawdown Indicators
| JLS | JQC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.18% | -75.18% | +40.00% |
Max Drawdown (1Y)Largest decline over 1 year | -5.41% | -10.15% | +4.74% |
Max Drawdown (3Y)Largest decline over 3 years | -9.28% | -15.37% | +6.09% |
Max Drawdown (5Y)Largest decline over 5 years | -23.53% | -19.83% | -3.70% |
Max Drawdown (10Y)Largest decline over 10 years | -35.18% | -47.99% | +12.81% |
Current DrawdownCurrent decline from peak | -5.40% | -3.76% | -1.64% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -8.78% | +2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 5.32% | -3.00% |
Volatility
JLS vs. JQC - Volatility Comparison
Nuveen Mortgage and Income Fund (JLS) has a higher volatility of 1.70% compared to Nuveen Credit Strategies Income Fund (JQC) at 1.49%. This indicates that JLS's price experiences larger fluctuations and is considered to be riskier than JQC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JLS | JQC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.70% | 1.49% | +0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 7.00% | 8.51% | -1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.47% | 11.15% | -2.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.57% | 13.07% | -2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.41% | 17.49% | -5.08% |
JLS vs. JQC - Expense Ratio Comparison
JLS has a 0.04% expense ratio, which is lower than JQC's 4.34% expense ratio.
Dividends
JLS vs. JQC - Dividend Comparison
JLS's dividend yield for the trailing twelve months is around 10.71%, less than JQC's 13.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLS Nuveen Mortgage and Income Fund | 10.71% | 10.13% | 9.91% | 9.29% | 6.56% | 4.61% | 4.94% | 6.20% | 9.31% | 13.44% | 7.11% | 6.68% |
JQC Nuveen Credit Strategies Income Fund | 13.09% | 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
JLS and JQC have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JLS has higher volatility (1.70%) compared to JQC (1.49%). In terms of maximum drawdown, JLS dropped -35.18% vs JQC's -75.18%.
JLS currently has the higher Sharpe Ratio (0.04 vs -0.16), 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 JLS 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