KIO vs. JMM
Compare and contrast key facts about KKR Income Opportunities Fund (KIO) and Nuveen Multi-Market Income Fund (JMM).
KIO is managed by KKR Asset Management. It was launched on Jul 25, 2013. JMM is managed by Nuveen. It was launched on Dec 30, 1988.
Performance
KIO vs. JMM - Performance Comparison
Loading graphics...
KIO vs. JMM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KIO KKR Income Opportunities Fund | -2.01% | -2.49% | 18.45% | 31.53% | -28.25% | 26.82% | 2.04% | 21.92% | -2.53% | 9.68% |
JMM Nuveen Multi-Market Income Fund | -1.07% | 5.61% | 8.15% | 6.57% | -17.95% | 10.53% | 1.77% | 13.56% | -5.37% | 10.58% |
Returns By Period
In the year-to-date period, KIO achieves a -2.01% return, which is significantly lower than JMM's -1.07% return. Over the past 10 years, KIO has outperformed JMM with an annualized return of 8.06%, while JMM has yielded a comparatively lower 3.37% annualized return.
KIO
- 1D
- 3.19%
- 1M
- -3.03%
- YTD
- -2.01%
- 6M
- -7.08%
- 1Y
- 1.11%
- 3Y*
- 12.45%
- 5Y*
- 3.89%
- 10Y*
- 8.06%
JMM
- 1D
- 2.43%
- 1M
- -6.05%
- YTD
- -1.07%
- 6M
- -3.66%
- 1Y
- 0.20%
- 3Y*
- 6.30%
- 5Y*
- 1.27%
- 10Y*
- 3.37%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KIO vs. JMM - Expense Ratio Comparison
KIO has a 0.04% expense ratio, which is higher than JMM's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
KIO vs. JMM — Risk / Return Rank
KIO
JMM
KIO vs. JMM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KKR Income Opportunities Fund (KIO) and Nuveen Multi-Market Income Fund (JMM). 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.
| KIO | JMM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.08 | 0.01 | +0.07 |
Sortino ratioReturn per unit of downside risk | 0.20 | 0.12 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.01 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.08 | 0.06 | +0.02 |
Martin ratioReturn relative to average drawdown | 0.18 | 0.17 | +0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KIO | JMM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.08 | 0.01 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.10 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.24 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.18 | +0.19 |
Correlation
The correlation between KIO and JMM is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
KIO vs. JMM - Dividend Comparison
KIO's dividend yield for the trailing twelve months is around 13.25%, more than JMM's 5.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KIO KKR Income Opportunities Fund | 13.25% | 12.58% | 10.90% | 11.32% | 11.44% | 7.45% | 10.12% | 9.51% | 10.53% | 9.66% | 9.92% | 10.81% |
JMM Nuveen Multi-Market Income Fund | 5.91% | 5.76% | 5.48% | 5.58% | 6.13% | 4.60% | 4.49% | 4.86% | 5.34% | 5.63% | 6.19% | 6.76% |
Drawdowns
KIO vs. JMM - Drawdown Comparison
The maximum KIO drawdown since its inception was -43.87%, smaller than the maximum JMM drawdown of -48.15%. Use the drawdown chart below to compare losses from any high point for KIO and JMM.
Loading graphics...
Drawdown Indicators
| KIO | JMM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.87% | -48.15% | +4.28% |
Max Drawdown (1Y)Largest decline over 1 year | -11.01% | -8.28% | -2.73% |
Max Drawdown (5Y)Largest decline over 5 years | -31.87% | -24.19% | -7.68% |
Max Drawdown (10Y)Largest decline over 10 years | -43.87% | -26.48% | -17.39% |
Current DrawdownCurrent decline from peak | -12.77% | -6.05% | -6.72% |
Average DrawdownAverage peak-to-trough decline | -8.06% | -14.14% | +6.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 3.12% | +1.63% |
Volatility
KIO vs. JMM - Volatility Comparison
KKR Income Opportunities Fund (KIO) and Nuveen Multi-Market Income Fund (JMM) have volatilities of 5.24% and 5.39%, 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.
Loading graphics...
Volatility by Period
| KIO | JMM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 5.39% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 8.24% | 8.11% | +0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.41% | 13.93% | -0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.12% | 13.30% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.37% | 13.90% | +2.47% |