JRS vs. SPY
Compare and contrast key facts about Nuveen Real Estate Income Fund (JRS) and SPDR S&P 500 ETF (SPY).
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: JRS or SPY.
Key characteristics
| JRS | SPY | |
|---|---|---|
| YTD Return | 24.75% | 18.37% |
| 1Y Return | 42.92% | 26.96% |
| 3Y Return (Ann) | 1.74% | 9.40% |
| 5Y Return (Ann) | 5.69% | 15.01% |
| 10Y Return (Ann) | 7.30% | 12.90% |
| Sharpe Ratio | 2.08 | 2.14 |
| Daily Std Dev | 21.98% | 12.67% |
| Max Drawdown | -87.88% | -55.19% |
| Current Drawdown | -8.89% | -1.02% |
Correlation
The correlation between JRS and SPY is 0.48, 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
JRS vs. SPY - Performance Comparison
In the year-to-date period, JRS achieves a 24.75% return, which is significantly higher than SPY's 18.37% return. Over the past 10 years, JRS has underperformed SPY with an annualized return of 7.30%, while SPY has yielded a comparatively higher 12.90% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
JRS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Real Estate Income Fund (JRS) 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
JRS vs. SPY - Dividend Comparison
JRS's dividend yield for the trailing twelve months is around 7.42%, more than SPY's 1.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRS Nuveen Real Estate Income Fund | 7.42% | 8.70% | 11.06% | 5.93% | 9.00% | 7.16% | 9.99% | 8.88% | 9.10% | 9.04% | 7.83% | 9.93% |
SPY SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
JRS vs. SPY - Drawdown Comparison
The maximum JRS drawdown since its inception was -87.88%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JRS and SPY. For additional features, visit the drawdowns tool.
Volatility
JRS vs. SPY - Volatility Comparison
Nuveen Real Estate Income Fund (JRS) and SPDR S&P 500 ETF (SPY) have volatilities of 4.09% and 4.24%, 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.