JQC vs. NWQIX
JQC (Nuveen Credit Strategies Income Fund) and NWQIX (Nuveen Flexible Income Fund) are both mutual funds - JQC is a Bank Loan fund managed by Nuveen, while NWQIX is a Diversified Portfolio fund managed by Nuveen. Over the past 10 years, JQC returned 5.56%/yr vs 5.14%/yr for NWQIX. Their 0.40 correlation means their historical movements had little consistent relationship. JQC charges 4.34%/yr vs 0.70%/yr for NWQIX.
Performance
JQC vs. NWQIX - Performance Comparison
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Returns By Period
In the year-to-date period, JQC achieves a 1.97% return, which is significantly lower than NWQIX's 4.79% return. Over the past 10 years, JQC has outperformed NWQIX with an annualized return of 5.56%, while NWQIX has yielded a comparatively lower 5.14% annualized return.
JQC
- 1D
- -0.21%
- 1M
- -0.42%
- 6M
- -1.83%
- YTD
- 1.97%
- 1Y
- -2.16%
- 3Y*
- 10.59%
- 5Y*
- 4.73%
- 10Y*
- 5.56%
- ALL TIME*
- 4.93%
NWQIX
- 1D
- 0.30%
- 1M
- -0.98%
- 6M
- 3.20%
- YTD
- 4.79%
- 1Y
- 10.99%
- 3Y*
- 9.67%
- 5Y*
- 3.92%
- 10Y*
- 5.14%
- ALL TIME*
- 5.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.37M | $2.54M | $2.74M | |
| $0.00 | $0.00 | $0.00 |
JQC vs. NWQIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JQC Nuveen Credit Strategies Income Fund | 1.97% | -0.36% | 22.29% | 15.26% | -14.22% | 13.29% | -2.96% | 21.78% | -4.33% | -0.27% |
NWQIX Nuveen Flexible Income Fund | 4.79% | 11.74% | 6.03% | 11.61% | -13.64% | 4.94% | 5.54% | 18.57% | -4.07% | 9.18% |
Correlation
The correlation between JQC and NWQIX is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.32 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010 | 0.40 |
The correlation between JQC and NWQIX shifts across timeframes, from 0.22 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JQC vs. NWQIX — Risk / Return Rank
JQC
NWQIX
JQC vs. NWQIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Credit Strategies Income Fund (JQC) and Nuveen Flexible Income Fund (NWQIX). 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 | NWQIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.17 | ||
| Sortino ratioReturn per unit of downside risk | -4.85 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.61 | -0.64 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 3.96 | -4.21 |
| Martin ratioReturn relative to average drawdown | -0.47 | 17.88 | -18.35 |
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Drawdowns
JQC vs. NWQIX - Drawdown Comparison
The maximum JQC drawdown since its inception was -75.18%, which is greater than NWQIX's maximum drawdown of -23.89%. Use the drawdown chart below to compare losses from any high point for JQC and NWQIX.
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Drawdown Indicators
| JQC | NWQIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.18% | -23.89% | -51.29% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -2.94% | -7.21% |
Max Drawdown (3Y)Largest decline over 3 years | -15.37% | -4.59% | -10.78% |
Max Drawdown (5Y)Largest decline over 5 years | -19.83% | -17.75% | -2.08% |
Max Drawdown (10Y)Largest decline over 10 years | -47.99% | -23.89% | -24.10% |
Current DrawdownCurrent decline from peak | -4.17% | -1.13% | -3.04% |
Average DrawdownAverage peak-to-trough decline | -8.78% | -2.98% | -5.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.32% | 0.65% | +4.67% |
Volatility
JQC vs. NWQIX - Volatility Comparison
Nuveen Credit Strategies Income Fund (JQC) has a higher volatility of 1.47% compared to Nuveen Flexible Income Fund (NWQIX) at 0.79%. This indicates that JQC's price experiences larger fluctuations and is considered to be riskier than NWQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JQC | NWQIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 0.79% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 8.52% | 3.15% | +5.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.13% | 3.96% | +7.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.08% | 5.70% | +7.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 6.29% | +11.20% |
JQC vs. NWQIX - Expense Ratio Comparison
JQC has a 4.34% expense ratio, which is higher than NWQIX's 0.70% expense ratio.
Dividends
JQC vs. NWQIX - Dividend Comparison
JQC's dividend yield for the trailing twelve months is around 13.14%, more than NWQIX's 5.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JQC Nuveen Credit Strategies Income Fund | 13.14% | 12.91% | 11.39% | 11.42% | 9.71% | 10.03% | 16.11% | 16.14% | 6.53% | 7.42% | 6.99% | 7.51% |
NWQIX Nuveen Flexible Income Fund | 5.14% | 6.09% | 5.20% | 7.84% | 7.02% | 4.39% | 4.82% | 5.71% | 6.23% | 5.67% | 5.52% | 5.70% |
Frequently Asked Questions
JQC and NWQIX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JQC has higher volatility (1.47%) compared to NWQIX (0.79%). In terms of maximum drawdown, JQC dropped -75.18% vs NWQIX's -23.89%.
NWQIX currently has the higher Sharpe Ratio (2.94 vs -0.23), 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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