GAL vs JCE

Comparison between STATE STREET(R) GLOBAL ALLOCATION ETF (GAL, ETF) and Nuveen Core Equity Alpha Fund (JCE, ETF).

5-Year PerformanceJCE has outperformed GAL, delivering a return of +11.4% compared to +6.9%

GAL vs JCE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GAL(ETF)	JCE(ETF)
Net Assets	$306M	$307M
Expense Ratio	0.35%	N/A
Max Drawdown	28.31%	64.90%
Sharpe Ratio	1.47	0.87
5Y Beta	0.54	0.79
5Y Dividends CAGR	16.76%	4.90%

Net Assets

GAL

$306M

Winner

JCE

$307M

Expense Ratio

GAL

0.35%

JCE

N/A

Max Drawdown

Winner

GAL

28.31%

JCE

64.90%

Sharpe Ratio

Winner

GAL

1.47

JCE

0.87

5Y Beta

Winner

GAL

0.54

JCE

0.79

5Y Dividends CAGR

Winner

GAL

16.76%

JCE

4.90%

GAL vs JCE - Historical Returns

Returns include dividend reinvestment.

Period	GAL	JCE
1 month	+0.72%	+0.64%
3 months	+5.69%	+8.57%
6 months	+9.07%	+8.37%
1 year	+18.42%	+18.53%
5 years(CAGR)	+6.92%	+11.40%
10 years(CAGR)	+8.21%	+12.55%
Max(CAGR)	+7.36%	+9.87%

Winner

GAL

+0.72%

JCE

+0.64%

GAL

+5.69%

Winner

JCE

+8.57%

Winner

GAL

+9.07%

JCE

+8.37%

GAL

+18.42%

Winner

JCE

+18.53%

5Y(CAGR)

GAL

+6.92%

Winner

JCE

+11.40%

10Y(CAGR)

GAL

+8.21%

Winner

JCE

+12.55%

Max(CAGR)

GAL

+7.36%

Winner

JCE

+9.87%

GAL vs JCE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GAL	JCE
2026	+7.11%	+6.45%
2025	+16.22%	+11.45%
2024	+10.70%	+28.16%
2023	+13.44%	+12.70%
2022	-13.47%	-12.92%
2021	+12.77%	+50.42%
2020	+8.67%	+3.73%
2019	+18.85%	+30.21%
2018	-8.11%	-10.86%
2017	+17.99%	+31.07%
2016	+3.98%	+1.74%
2015	-2.42%	+0.50%
2014	+6.75%	+19.62%
2013	+11.55%	+35.38%
2012	+5.60%	+14.23%
2011	N/A	+2.56%
2010	N/A	+19.72%
2009	N/A	+32.50%
2008	N/A	-34.35%
2007	N/A	-11.96%

GAL vs JCE Drawdown Comparison

The maximum drawdown for GAL was -28.31%, occurring on Mar 23, 2020. Recovery took 168 trading sessions.

The maximum drawdown for JCE was -57.60%, occurring on Mar 9, 2009. Recovery took 951 trading sessions.

The current GAL drawdown is -1.47%. The current JCE drawdown is -1.60%.

Rank	GAL	JCE
#1	-28.31% Feb 12, 2020 - Oct 12, 2020	-57.60% Apr 19, 2007 - Jan 26, 2011
#2	-21.14% Nov 8, 2021 - Mar 7, 2024	-43.39% Feb 14, 2020 - Jan 20, 2021
#3	-14.96% Jan 26, 2018 - Sep 12, 2019	-30.15% Dec 31, 2021 - Mar 13, 2024
#4	-13.25% Apr 27, 2015 - Feb 21, 2017	-28.91% Aug 8, 2018 - Dec 27, 2019
#5	-9.12% Feb 18, 2025 - May 13, 2025	-21.74% Jun 30, 2011 - Feb 7, 2012
#6	-8.02% May 21, 2013 - Sep 18, 2013	-19.02% Feb 19, 2025 - Jul 25, 2025
#7	-7.48% Apr 27, 2012 - Aug 16, 2012	-18.87% Mar 23, 2015 - Jul 11, 2016
#8	-7.11% Sep 3, 2014 - Jan 26, 2015	-12.12% Jul 29, 2014 - Nov 20, 2014
#9	-6.26% Feb 25, 2026 - Apr 15, 2026	-11.72% Jul 21, 2016 - Feb 21, 2017
#10	-4.96% Jul 16, 2024 - Aug 21, 2024	-10.87% Jan 27, 2026 - Apr 15, 2026
#11	-4.73% Jan 22, 2014 - Feb 24, 2014	-10.02% Oct 5, 2012 - Jan 16, 2013
#12	-4.70% Oct 12, 2020 - Nov 5, 2020	-9.26% May 1, 2012 - Sep 12, 2012
#13	-4.39% Oct 17, 2012 - Dec 12, 2012	-9.17% May 21, 2013 - Jul 15, 2013
#14	-3.69% Dec 6, 2024 - Feb 13, 2025	-9.05% Jan 26, 2018 - May 21, 2018
#15	-3.58% Sep 3, 2021 - Nov 2, 2021	-8.34% Jan 21, 2014 - Feb 26, 2014

Correlation

Correlation between GAL and JCE is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2007 - 2026)

GAL vs JCE dividend yield comparison.

Year	GAL	JCE
2026	0.26%	4.39%
2025	3.47%	8.03%
2024	2.99%	8.05%
2023	2.56%	9.45%
2022	6.19%	17.22%
2021	4.05%	9.89%
2020	2.14%	6.57%
2019	2.96%	6.84%
2018	2.43%	9.23%
2017	2.26%	17.33%
2016	2.43%	8.68%
2015	3.10%	19.27%
2014	3.36%	14.38%
2013	2.50%	8.51%
2012	2.47%	8.09%
2011	0.00%	8.66%
2010	0.00%	10.14%
2009	0.00%	7.04%
2008	0.00%	15.53%
2007	0.00%	7.89%