JRI vs. BALI
JRI (Nuveen Real Asset Income and Growth Fund) is a stock, while BALI (Blackrock Advantage Large Cap Income ETF) is Derivative Income fund actively managed by BlackRock. Over the past year, JRI returned 12.31% vs 23.42% for BALI. Their 0.45 correlation means their historical movements had little consistent relationship. JRI charges 2.09%/yr vs 0.35%/yr for BALI.
Performance
JRI vs. BALI - Performance Comparison
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Returns By Period
In the year-to-date period, JRI achieves a 2.98% return, which is significantly lower than BALI's 12.53% return.
JRI
- 1D
- 0.70%
- 1M
- 0.71%
- 6M
- 6.11%
- YTD
- 2.98%
- 1Y
- 12.31%
- 3Y*
- 17.14%
- 5Y*
- 6.55%
- 10Y*
- 6.73%
- ALL TIME*
- 7.52%
BALI
- 1D
- 0.56%
- 1M
- 1.43%
- 6M
- 10.03%
- YTD
- 12.53%
- 1Y
- 23.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 21.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.45M | $7.43M | $9.08M | |
| $1.27M | $1.47M | $1.72M |
JRI vs. BALI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JRI Nuveen Real Asset Income and Growth Fund | 2.98% | 26.76% | 16.27% | 15.70% |
BALI Blackrock Advantage Large Cap Income ETF | 12.53% | 14.51% | 22.38% | 9.71% |
Correlation
The correlation between JRI and BALI is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023 | 0.45 |
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Return for Risk
JRI vs. BALI — Risk / Return Rank
JRI
BALI
JRI vs. BALI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Real Asset Income and Growth Fund (JRI) and Blackrock Advantage Large Cap Income ETF (BALI). 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.
| JRI | BALI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.37 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 3.23 | -2.29 |
| Martin ratioReturn relative to average drawdown | 3.46 | 15.05 | -11.60 |
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Drawdowns
JRI vs. BALI - Drawdown Comparison
The maximum JRI drawdown since its inception was -60.74%, which is greater than BALI's maximum drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for JRI and BALI.
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Drawdown Indicators
| JRI | BALI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.74% | -16.65% | -44.09% |
Max Drawdown (1Y)Largest decline over 1 year | -12.92% | -6.71% | -6.21% |
Max Drawdown (3Y)Largest decline over 3 years | -13.73% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.40% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -60.74% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | 0.00% | -0.77% |
Average DrawdownAverage peak-to-trough decline | -8.96% | -1.60% | -7.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.49% | 1.44% | +2.05% |
Volatility
JRI vs. BALI - Volatility Comparison
Nuveen Real Asset Income and Growth Fund (JRI) and Blackrock Advantage Large Cap Income ETF (BALI) have volatilities of 3.04% and 2.93%, 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.
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Volatility by Period
| JRI | BALI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 2.93% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 12.20% | 8.42% | +3.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.96% | 10.73% | +4.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.34% | 12.90% | +4.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.27% | 12.90% | +8.37% |
JRI vs. BALI - Expense Ratio Comparison
JRI has a 2.09% expense ratio, which is higher than BALI's 0.35% expense ratio.
Dividends
JRI vs. BALI - Dividend Comparison
JRI's dividend yield for the trailing twelve months is around 12.32%, more than BALI's 7.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BALI Blackrock Advantage Large Cap Income ETF | 7.23% | 8.51% | 7.13% | 2.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JRI Nuveen Real Asset Income and Growth Fund | 12.32% | 11.77% | 11.83% | 9.18% | 9.90% | 7.18% | 9.06% | 7.05% | 9.33% | 7.21% | 8.57% | 10.33% |
Frequently Asked Questions
JRI and BALI have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JRI has higher volatility (3.04%) compared to BALI (2.93%). In terms of maximum drawdown, JRI dropped -60.74% vs BALI's -16.65%.
BALI currently has the higher Sharpe Ratio (2.02 vs 0.81), 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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