JQC vs. SPY
Compare and contrast key facts about Nuveen Credit Strategies Income Fund (JQC) and SPDR S&P 500 ETF (SPY).
JQC is managed by Nuveen. It was launched on Jun 26, 2003. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JQC or SPY.
Correlation
The correlation between JQC and SPY is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JQC vs. SPY - Performance Comparison
Key characteristics
JQC:
1.46
SPY:
1.87
JQC:
1.97
SPY:
2.52
JQC:
1.26
SPY:
1.35
JQC:
2.99
SPY:
2.81
JQC:
8.34
SPY:
11.69
JQC:
1.85%
SPY:
2.02%
JQC:
10.61%
SPY:
12.65%
JQC:
-75.18%
SPY:
-55.19%
JQC:
-3.88%
SPY:
0.00%
Returns By Period
In the year-to-date period, JQC achieves a -0.75% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, JQC has underperformed SPY with an annualized return of 5.74%, while SPY has yielded a comparatively higher 13.23% annualized return.
JQC
-0.75%
-1.34%
2.12%
15.42%
5.58%
5.74%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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JQC vs. SPY - Expense Ratio Comparison
JQC has a 4.34% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
JQC vs. SPY — Risk-Adjusted Performance Rank
JQC
SPY
JQC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Credit Strategies Income Fund (JQC) and SPDR S&P 500 ETF (SPY). 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.
Dividends
JQC vs. SPY - Dividend Comparison
JQC's dividend yield for the trailing twelve months is around 11.70%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JQC Nuveen Credit Strategies Income Fund | 11.70% | 11.39% | 11.49% | 9.78% | 10.06% | 16.10% | 16.22% | 6.57% | 7.49% | 7.06% | 7.54% | 6.58% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
JQC vs. SPY - Drawdown Comparison
The maximum JQC drawdown since its inception was -75.18%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JQC and SPY. For additional features, visit the drawdowns tool.
Volatility
JQC vs. SPY - Volatility Comparison
Nuveen Credit Strategies Income Fund (JQC) and SPDR S&P 500 ETF (SPY) have volatilities of 2.91% and 3.00%, 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.