JQC vs. ECAT
JQC (Nuveen Credit Strategies Income Fund) and ECAT (BlackRock ESG Capital Allocation Term Trust) are both mutual funds - JQC is a Bank Loan fund managed by Nuveen, while ECAT is a Tactical Allocation fund managed by BlackRock. Over the past 3 years, JQC returned 10.59%/yr vs 19.50%/yr for ECAT. At a 0.41 correlation, their price movements are largely independent. JQC charges 4.34%/yr vs 1.43%/yr for ECAT.
Performance
JQC vs. ECAT - Performance Comparison
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Returns By Period
In the year-to-date period, JQC achieves a 1.77% return, which is significantly lower than ECAT's 15.10% return.
JQC
- 1D
- -0.21%
- 1M
- 0.41%
- 6M
- -0.60%
- YTD
- 1.77%
- 1Y
- -0.85%
- 3Y*
- 10.59%
- 5Y*
- 4.53%
- 10Y*
- 5.73%
ECAT
- 1D
- 0.19%
- 1M
- 4.02%
- 6M
- 11.20%
- YTD
- 15.10%
- 1Y
- 20.06%
- 3Y*
- 19.50%
- 5Y*
- —
- 10Y*
- —
JQC vs. ECAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JQC Nuveen Credit Strategies Income Fund | 1.77% | -0.36% | 22.29% | 15.26% | -14.22% | 2.75% |
ECAT BlackRock ESG Capital Allocation Term Trust | 15.10% | 16.64% | 19.96% | 32.36% | -21.90% | -6.25% |
Correlation
The correlation between JQC and ECAT is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2021 | 0.41 |
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Return for Risk
JQC vs. ECAT — Risk / Return Rank
JQC
ECAT
JQC vs. ECAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Credit Strategies Income Fund (JQC) and BlackRock ESG Capital Allocation Term Trust (ECAT). 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.
| JQC | ECAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.26 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 1.71 | -1.79 |
| Martin ratioReturn relative to average drawdown | -0.16 | 6.34 | -6.50 |
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Drawdowns
JQC vs. ECAT - Drawdown Comparison
The maximum JQC drawdown since its inception was -75.18%, which is greater than ECAT's maximum drawdown of -32.23%. Use the drawdown chart below to compare losses from any high point for JQC and ECAT.
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Drawdown Indicators
| JQC | ECAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.18% | -32.23% | -42.95% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -11.80% | +1.65% |
Max Drawdown (3Y)Largest decline over 3 years | -15.37% | -15.79% | +0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -19.83% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.99% | — | — |
Current DrawdownCurrent decline from peak | -4.36% | 0.00% | -4.36% |
Average DrawdownAverage peak-to-trough decline | -8.80% | -8.93% | +0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.23% | 3.17% | +2.06% |
Volatility
JQC vs. ECAT - Volatility Comparison
The current volatility for Nuveen Credit Strategies Income Fund (JQC) is 1.77%, while BlackRock ESG Capital Allocation Term Trust (ECAT) has a volatility of 3.89%. This indicates that JQC experiences smaller price fluctuations and is considered to be less risky than ECAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JQC | ECAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 3.89% | -2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 8.72% | 10.96% | -2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.19% | 13.90% | -2.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.13% | 16.84% | -3.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.52% | 16.84% | +0.68% |
JQC vs. ECAT - Expense Ratio Comparison
JQC has a 4.34% expense ratio, which is higher than ECAT's 1.43% expense ratio.
Dividends
JQC vs. ECAT - Dividend Comparison
JQC's dividend yield for the trailing twelve months is around 13.13%, less than ECAT's 21.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECAT BlackRock ESG Capital Allocation Term Trust | 21.21% | 23.00% | 17.44% | 9.14% | 8.94% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JQC Nuveen Credit Strategies Income Fund | 13.13% | 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
JQC and ECAT have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ECAT has higher volatility (3.89%) compared to JQC (1.77%). In terms of maximum drawdown, JQC dropped -75.18% vs ECAT's -32.23%.
ECAT currently has the higher Sharpe Ratio (1.45 vs -0.08), 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.
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