JLS vs. PFN
JLS (Nuveen Mortgage and Income Fund) and PFN (PIMCO Income Strategy Fund II) are both mutual funds - JLS is a Mortgage Backed Securities fund managed by Nuveen, while PFN is a Multisector Bonds fund actively managed by PIMCO. Over the past 10 years, JLS returned 5.28%/yr vs 8.13%/yr for PFN. Their 0.23 correlation means their historical movements had little consistent relationship. JLS charges 0.04%/yr vs 1.86%/yr for PFN.
Performance
JLS vs. PFN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JLS achieves a 0.60% return, which is significantly lower than PFN's 1.29% return. Over the past 10 years, JLS has underperformed PFN with an annualized return of 5.28%, while PFN has yielded a comparatively higher 8.13% annualized return.
JLS
- 1D
- 0.06%
- 1M
- 0.07%
- 6M
- -2.75%
- YTD
- 0.60%
- 1Y
- 0.61%
- 3Y*
- 12.66%
- 5Y*
- 4.99%
- 10Y*
- 5.28%
- ALL TIME*
- 6.13%
PFN
- 1D
- 0.28%
- 1M
- 0.31%
- 6M
- 1.68%
- YTD
- 1.29%
- 1Y
- 5.81%
- 3Y*
- 12.15%
- 5Y*
- 2.52%
- 10Y*
- 8.13%
- ALL TIME*
- 6.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $442.02K | $421.06K | $446.13K | |
| $2.77M | $4.68M | $3.43M |
JLS vs. PFN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JLS Nuveen Mortgage and Income Fund | 0.60% | 11.60% | 17.86% | 14.88% | -17.88% | 11.02% | -5.38% | 4.26% | -1.02% | 17.03% |
PFN PIMCO Income Strategy Fund II | 1.29% | 13.07% | 15.72% | 15.43% | -17.65% | 5.14% | 3.97% | 21.84% | 0.94% | 20.58% |
Correlation
The correlation between JLS and PFN is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 2009 | 0.23 |
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. PFN — Risk / Return Rank
JLS
PFN
JLS vs. PFN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Mortgage and Income Fund (JLS) and PIMCO Income Strategy Fund II (PFN). 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 | PFN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.12 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 0.57 | -0.40 |
| Martin ratioReturn relative to average drawdown | 0.41 | 2.06 | -1.65 |
Loading charts...
Drawdowns
JLS vs. PFN - Drawdown Comparison
The maximum JLS drawdown since its inception was -35.18%, smaller than the maximum PFN drawdown of -80.08%. Use the drawdown chart below to compare losses from any high point for JLS and PFN.
Loading charts...
Drawdown Indicators
| JLS | PFN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.18% | -80.08% | +44.90% |
Max Drawdown (1Y)Largest decline over 1 year | -5.41% | -10.77% | +5.36% |
Max Drawdown (3Y)Largest decline over 3 years | -9.28% | -14.31% | +5.03% |
Max Drawdown (5Y)Largest decline over 5 years | -23.53% | -33.45% | +9.92% |
Max Drawdown (10Y)Largest decline over 10 years | -35.18% | -45.70% | +10.52% |
Current DrawdownCurrent decline from peak | -5.12% | -1.12% | -4.00% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -11.75% | +5.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 2.96% | -0.67% |
Volatility
JLS vs. PFN - Volatility Comparison
Nuveen Mortgage and Income Fund (JLS) and PIMCO Income Strategy Fund II (PFN) have volatilities of 1.74% and 1.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JLS | PFN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.74% | 1.76% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.03% | 8.87% | -1.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.45% | 10.30% | -1.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.57% | 14.55% | -3.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.41% | 18.18% | -5.77% |
JLS vs. PFN - Expense Ratio Comparison
JLS has a 0.04% expense ratio, which is lower than PFN's 1.86% expense ratio.
Dividends
JLS vs. PFN - Dividend Comparison
JLS's dividend yield for the trailing twelve months is around 10.68%, less than PFN's 12.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLS Nuveen Mortgage and Income Fund | 10.68% | 10.13% | 9.91% | 9.29% | 6.56% | 4.61% | 4.94% | 6.20% | 9.31% | 13.44% | 7.11% | 6.68% |
PFN PIMCO Income Strategy Fund II | 12.17% | 11.49% | 11.57% | 11.92% | 12.19% | 9.71% | 9.67% | 9.07% | 10.81% | 9.20% | 10.12% | 11.74% |
Frequently Asked Questions
JLS and PFN have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PFN has higher volatility (1.76%) compared to JLS (1.74%). In terms of maximum drawdown, JLS dropped -35.18% vs PFN's -80.08%.
PFN currently has the higher Sharpe Ratio (0.59 vs 0.11), 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 PFN
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