JPC vs. PFF
JPC (Nuveen Preferred and Income Opportunities Fund) and PFF (iShares Preferred and Income Securities ETF) are both Preferred Stock funds. Over the past 10 years, JPC returned 5.28%/yr vs 2.93%/yr for PFF. Their 0.51 correlation means they have sometimes moved together and sometimes differently. JPC charges 0.01%/yr vs 0.46%/yr for PFF.
Performance
JPC vs. PFF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JPC achieves a 0.17% return, which is significantly lower than PFF's 0.89% return. Over the past 10 years, JPC has outperformed PFF with an annualized return of 5.28%, while PFF has yielded a comparatively lower 2.93% annualized return.
JPC
- 1D
- 0.26%
- 1M
- -1.51%
- 6M
- -1.20%
- YTD
- 0.17%
- 1Y
- 5.09%
- 3Y*
- 15.61%
- 5Y*
- 3.53%
- 10Y*
- 5.28%
- ALL TIME*
- 6.14%
PFF
- 1D
- 0.10%
- 1M
- -0.03%
- 6M
- -1.43%
- YTD
- 0.89%
- 1Y
- 3.06%
- 3Y*
- 5.64%
- 5Y*
- 0.71%
- 10Y*
- 2.93%
- ALL TIME*
- 3.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.41M | $6.24M | $7.03M | |
| $85.47M | $81.60M | $92.33M |
JPC vs. PFF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPC Nuveen Preferred and Income Opportunities Fund | 0.17% | 14.00% | 27.58% | 0.75% | -19.18% | 9.75% | -2.09% | 35.25% | -12.70% | 13.35% |
PFF iShares Preferred and Income Securities ETF | 0.89% | 4.87% | 7.24% | 9.22% | -18.19% | 7.15% | 7.89% | 15.93% | -4.64% | 8.10% |
Correlation
The correlation between JPC and PFF is 0.50, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.52 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2007 | 0.51 |
The correlation between JPC and PFF has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.
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
JPC vs. PFF — Risk / Return Rank
JPC
PFF
JPC vs. PFF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Preferred and Income Opportunities Fund (JPC) and iShares Preferred and Income Securities ETF (PFF). 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.
| JPC | PFF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.07 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 0.55 | -0.13 |
| Martin ratioReturn relative to average drawdown | 2.11 | 1.42 | +0.69 |
Loading charts...
Drawdowns
JPC vs. PFF - Drawdown Comparison
The maximum JPC drawdown since its inception was -76.07%, which is greater than PFF's maximum drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for JPC and PFF.
Loading charts...
Drawdown Indicators
| JPC | PFF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.07% | -65.55% | -10.52% |
Max Drawdown (1Y)Largest decline over 1 year | -11.43% | -5.28% | -6.15% |
Max Drawdown (3Y)Largest decline over 3 years | -11.65% | -10.63% | -1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -32.26% | -21.05% | -11.21% |
Max Drawdown (10Y)Largest decline over 10 years | -52.53% | -34.10% | -18.43% |
Current DrawdownCurrent decline from peak | -3.02% | -3.07% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -9.89% | -5.74% | -4.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 2.05% | +0.24% |
Volatility
JPC vs. PFF - Volatility Comparison
The current volatility for Nuveen Preferred and Income Opportunities Fund (JPC) is 1.86%, while iShares Preferred and Income Securities ETF (PFF) has a volatility of 2.60%. This indicates that JPC experiences smaller price fluctuations and is considered to be less risky than PFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JPC | PFF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.86% | 2.60% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 10.05% | 5.87% | +4.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.42% | 7.31% | +4.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.52% | 10.40% | +4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.60% | 12.70% | +7.90% |
JPC vs. PFF - Expense Ratio Comparison
JPC has a 0.01% expense ratio, which is lower than PFF's 0.46% expense ratio.
Dividends
JPC vs. PFF - Dividend Comparison
JPC's dividend yield for the trailing twelve months is around 9.96%, more than PFF's 5.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPC Nuveen Preferred and Income Opportunities Fund | 9.96% | 9.79% | 8.94% | 8.00% | 8.74% | 6.52% | 6.95% | 7.00% | 9.02% | 7.50% | 8.14% | 8.65% |
PFF iShares Preferred and Income Securities ETF | 4.97% | 6.30% | 6.32% | 6.63% | 6.01% | 4.45% | 4.79% | 5.31% | 6.32% | 5.59% | 5.85% | 5.76% |
Frequently Asked Questions
JPC and PFF have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PFF has higher volatility (2.60%) compared to JPC (1.86%). In terms of maximum drawdown, JPC dropped -76.07% vs PFF's -65.55%.
JPC currently has the higher Sharpe Ratio (0.42 vs 0.40), 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 JPC and PFF
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