JPC vs. NVG
Compare and contrast key facts about Nuveen Preferred and Income Opportunities Fund (JPC) and Nuveen AMT-Free Municipal Credit Income Fund (NVG).
JPC is managed by Nuveen. It was launched on Mar 26, 2003.
Performance
JPC vs. NVG - Performance Comparison
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JPC vs. NVG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPC Nuveen Preferred and Income Opportunities Fund | -1.70% | 14.00% | 27.58% | 0.75% | -19.18% | 9.75% | -2.09% | 35.25% | -12.70% | 13.35% |
NVG Nuveen AMT-Free Municipal Credit Income Fund | 0.63% | 11.61% | 10.79% | 1.94% | -28.47% | 12.14% | 6.40% | 25.63% | -4.03% | 13.19% |
Returns By Period
In the year-to-date period, JPC achieves a -1.70% return, which is significantly lower than NVG's 0.63% return. Over the past 10 years, JPC has outperformed NVG with an annualized return of 6.41%, while NVG has yielded a comparatively lower 3.89% annualized return.
JPC
- 1D
- 3.32%
- 1M
- -4.72%
- YTD
- -1.70%
- 6M
- -0.77%
- 1Y
- 8.19%
- 3Y*
- 16.06%
- 5Y*
- 4.68%
- 10Y*
- 6.41%
NVG
- 1D
- 1.46%
- 1M
- -4.78%
- YTD
- 0.63%
- 6M
- 4.53%
- 1Y
- 8.78%
- 3Y*
- 8.96%
- 5Y*
- -0.06%
- 10Y*
- 3.89%
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Return for Risk
JPC vs. NVG — Risk / Return Rank
JPC
NVG
JPC vs. NVG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Preferred and Income Opportunities Fund (JPC) and Nuveen AMT-Free Municipal Credit Income Fund (NVG). 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.
| JPC | NVG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.54 | 0.76 | -0.21 |
Sortino ratioReturn per unit of downside risk | 0.80 | 1.09 | -0.29 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.16 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.69 | 0.87 | -0.18 |
Martin ratioReturn relative to average drawdown | 3.19 | 2.85 | +0.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JPC | NVG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.54 | 0.76 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | -0.01 | +0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.30 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.39 | -0.13 |
Correlation
The correlation between JPC and NVG is 0.27, 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
JPC vs. NVG - Dividend Comparison
JPC's dividend yield for the trailing twelve months is around 10.04%, more than NVG's 7.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPC Nuveen Preferred and Income Opportunities Fund | 10.04% | 9.79% | 8.94% | 8.00% | 8.74% | 6.52% | 6.95% | 7.00% | 9.02% | 7.50% | 8.14% | 8.65% |
NVG Nuveen AMT-Free Municipal Credit Income Fund | 7.58% | 7.49% | 6.74% | 4.45% | 6.18% | 4.69% | 5.24% | 4.94% | 6.07% | 5.67% | 6.17% | 5.46% |
Drawdowns
JPC vs. NVG - Drawdown Comparison
The maximum JPC drawdown since its inception was -76.07%, which is greater than NVG's maximum drawdown of -41.72%. Use the drawdown chart below to compare losses from any high point for JPC and NVG.
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Drawdown Indicators
| JPC | NVG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.07% | -41.72% | -34.35% |
Max Drawdown (1Y)Largest decline over 1 year | -11.43% | -10.44% | -0.99% |
Max Drawdown (5Y)Largest decline over 5 years | -32.26% | -40.58% | +8.32% |
Max Drawdown (10Y)Largest decline over 10 years | -52.53% | -40.58% | -11.95% |
Current DrawdownCurrent decline from peak | -4.83% | -9.26% | +4.43% |
Average DrawdownAverage peak-to-trough decline | -10.00% | -7.92% | -2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 3.20% | -0.72% |
Volatility
JPC vs. NVG - Volatility Comparison
Nuveen Preferred and Income Opportunities Fund (JPC) has a higher volatility of 8.15% compared to Nuveen AMT-Free Municipal Credit Income Fund (NVG) at 5.39%. This indicates that JPC's price experiences larger fluctuations and is considered to be riskier than NVG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPC | NVG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.15% | 5.39% | +2.76% |
Volatility (6M)Calculated over the trailing 6-month period | 9.49% | 7.51% | +1.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.14% | 11.64% | +3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.40% | 12.90% | +1.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.67% | 12.80% | +7.87% |