JLS vs. SPXX
Compare and contrast key facts about Nuveen Mortgage and Income Fund (JLS) and Nuveen S&P 500 Dynamic Overwrite Fund (SPXX).
JLS is managed by Nuveen. It was launched on Nov 25, 2009. SPXX is an actively managed fund by Nuveen. It was launched on Nov 23, 2005.
Performance
JLS vs. SPXX - Performance Comparison
Loading graphics...
JLS vs. SPXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JLS Nuveen Mortgage and Income Fund | 2.20% | 11.60% | 17.86% | 14.88% | -17.88% | 11.02% | -5.38% | 4.26% | -1.02% | 17.03% |
SPXX Nuveen S&P 500 Dynamic Overwrite Fund | -9.14% | 9.78% | 27.10% | 0.85% | -6.92% | 29.03% | -0.37% | 25.36% | -13.42% | 27.92% |
Returns By Period
In the year-to-date period, JLS achieves a 2.20% return, which is significantly higher than SPXX's -9.14% return. Over the past 10 years, JLS has underperformed SPXX with an annualized return of 6.04%, while SPXX has yielded a comparatively higher 9.09% annualized return.
JLS
- 1D
- 2.72%
- 1M
- -0.79%
- YTD
- 2.20%
- 6M
- 1.79%
- 1Y
- 6.72%
- 3Y*
- 15.30%
- 5Y*
- 5.84%
- 10Y*
- 6.04%
SPXX
- 1D
- 1.52%
- 1M
- -7.65%
- YTD
- -9.14%
- 6M
- -4.47%
- 1Y
- 2.68%
- 3Y*
- 9.06%
- 5Y*
- 6.83%
- 10Y*
- 9.09%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JLS vs. SPXX - Expense Ratio Comparison
JLS has a 0.04% expense ratio, which is lower than SPXX's 0.89% expense ratio.
Return for Risk
JLS vs. SPXX — Risk / Return Rank
JLS
SPXX
JLS vs. SPXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Mortgage and Income Fund (JLS) and Nuveen S&P 500 Dynamic Overwrite Fund (SPXX). 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.
| JLS | SPXX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.64 | 0.15 | +0.49 |
Sortino ratioReturn per unit of downside risk | 0.89 | 0.35 | +0.55 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.05 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.78 | 0.20 | +0.59 |
Martin ratioReturn relative to average drawdown | 3.28 | 0.69 | +2.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JLS | SPXX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 0.15 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.43 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.50 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.36 | +0.17 |
Correlation
The correlation between JLS and SPXX is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
JLS vs. SPXX - Dividend Comparison
JLS's dividend yield for the trailing twelve months is around 10.16%, more than SPXX's 8.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLS Nuveen Mortgage and Income Fund | 10.16% | 10.13% | 9.91% | 9.29% | 6.56% | 4.61% | 4.94% | 6.20% | 9.31% | 13.44% | 7.11% | 6.68% |
SPXX Nuveen S&P 500 Dynamic Overwrite Fund | 8.40% | 7.48% | 6.87% | 7.82% | 7.30% | 5.27% | 6.56% | 6.44% | 7.98% | 5.69% | 5.14% | 7.75% |
Drawdowns
JLS vs. SPXX - Drawdown Comparison
The maximum JLS drawdown since its inception was -35.18%, smaller than the maximum SPXX drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for JLS and SPXX.
Loading graphics...
Drawdown Indicators
| JLS | SPXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.18% | -52.39% | +17.21% |
Max Drawdown (1Y)Largest decline over 1 year | -6.18% | -13.00% | +6.82% |
Max Drawdown (5Y)Largest decline over 5 years | -23.53% | -18.09% | -5.44% |
Max Drawdown (10Y)Largest decline over 10 years | -35.18% | -43.99% | +8.81% |
Current DrawdownCurrent decline from peak | -2.27% | -10.52% | +8.25% |
Average DrawdownAverage peak-to-trough decline | -5.87% | -7.51% | +1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 3.70% | -1.65% |
Volatility
JLS vs. SPXX - Volatility Comparison
Nuveen Mortgage and Income Fund (JLS) and Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) have volatilities of 4.50% and 4.63%, 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 graphics...
Volatility by Period
| JLS | SPXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 4.63% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 6.42% | 9.36% | -2.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.48% | 17.91% | -7.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.53% | 15.79% | -5.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.40% | 18.39% | -5.99% |