JRI vs. MLPA
JRI (Nuveen Real Asset Income and Growth Fund) is a stock, while MLPA (Global X MLP ETF) is MLPs fund tracking the Solactive MLP Infrastructure Index. Over the past 10 years, JRI returned 6.39%/yr vs 6.38%/yr for MLPA. Their 0.35 correlation means their historical movements had little consistent relationship. JRI charges 2.09%/yr vs 0.77%/yr for MLPA.
Performance
JRI vs. MLPA - Performance Comparison
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Returns By Period
In the year-to-date period, JRI achieves a 1.07% return, which is significantly lower than MLPA's 20.99% return. Both investments have delivered pretty close results over the past 10 years, with JRI having a 6.39% annualized return and MLPA not far behind at 6.38%.
JRI
- 1D
- -0.78%
- 1M
- -1.15%
- 6M
- 3.83%
- YTD
- 1.07%
- 1Y
- 9.39%
- 3Y*
- 17.23%
- 5Y*
- 6.03%
- 10Y*
- 6.39%
- ALL TIME*
- 7.37%
MLPA
- 1D
- -0.37%
- 1M
- 5.54%
- 6M
- 13.22%
- YTD
- 20.99%
- 1Y
- 19.33%
- 3Y*
- 17.48%
- 5Y*
- 19.04%
- 10Y*
- 6.38%
- ALL TIME*
- 4.58%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.53M | $1.56M | $1.74M | |
MLPA Global X MLP ETF | $14.19M | $11.50M | $11.16M |
JRI vs. MLPA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JRI Nuveen Real Asset Income and Growth Fund | 1.07% | 26.76% | 16.27% | 10.08% | -20.87% | 29.19% | -19.47% | 45.67% | -17.12% | 21.71% |
MLPA Global X MLP ETF | 20.99% | 5.73% | 20.35% | 15.93% | 27.03% | 39.64% | -33.97% | 11.91% | -15.71% | -8.31% |
Correlation
The correlation between JRI and MLPA is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.42 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2012 | 0.35 |
Over the past year, the correlation between JRI and MLPA has dropped to 0.09 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
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Return for Risk
JRI vs. MLPA — Risk / Return Rank
JRI
MLPA
JRI vs. MLPA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Real Asset Income and Growth Fund (JRI) and Global X MLP ETF (MLPA). 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 | MLPA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.27 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 2.51 | -1.78 |
| Martin ratioReturn relative to average drawdown | 2.69 | 6.77 | -4.08 |
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Drawdowns
JRI vs. MLPA - Drawdown Comparison
The maximum JRI drawdown since its inception was -60.74%, smaller than the maximum MLPA drawdown of -78.75%. Use the drawdown chart below to compare losses from any high point for JRI and MLPA.
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Drawdown Indicators
| JRI | MLPA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.74% | -78.75% | +18.01% |
Max Drawdown (1Y)Largest decline over 1 year | -12.92% | -7.73% | -5.19% |
Max Drawdown (3Y)Largest decline over 3 years | -13.73% | -14.20% | +0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -29.40% | -18.75% | -10.65% |
Max Drawdown (10Y)Largest decline over 10 years | -60.74% | -74.05% | +13.31% |
Current DrawdownCurrent decline from peak | -2.60% | -0.69% | -1.91% |
Average DrawdownAverage peak-to-trough decline | -8.96% | -20.07% | +11.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.50% | 2.87% | +0.63% |
Volatility
JRI vs. MLPA - Volatility Comparison
The current volatility for Nuveen Real Asset Income and Growth Fund (JRI) is 3.16%, while Global X MLP ETF (MLPA) has a volatility of 4.15%. This indicates that JRI experiences smaller price fluctuations and is considered to be less risky than MLPA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JRI | MLPA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 4.15% | -0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 12.23% | 9.67% | +2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.02% | 12.36% | +2.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.36% | 17.68% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.28% | 27.39% | -6.11% |
JRI vs. MLPA - Expense Ratio Comparison
JRI has a 2.09% expense ratio, which is higher than MLPA's 0.77% expense ratio.
Dividends
JRI vs. MLPA - Dividend Comparison
JRI's dividend yield for the trailing twelve months is around 12.55%, more than MLPA's 6.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRI Nuveen Real Asset Income and Growth Fund | 12.55% | 11.77% | 11.83% | 9.18% | 9.90% | 7.18% | 9.06% | 7.05% | 9.33% | 7.21% | 8.57% | 10.33% |
MLPA Global X MLP ETF | 6.98% | 7.82% | 7.25% | 7.49% | 7.30% | 8.72% | 13.84% | 9.09% | 10.00% | 8.05% | 7.15% | 9.29% |
Frequently Asked Questions
JRI and MLPA have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MLPA has higher volatility (4.15%) compared to JRI (3.16%). In terms of maximum drawdown, JRI dropped -60.74% vs MLPA's -78.75%.
MLPA currently has the higher Sharpe Ratio (1.57 vs 0.63), 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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