GTIP vs JCE

Comparison between GOLDMAN SACHS ACCESS INFLATION PROTECTED USD BOND ETF (GTIP, ETF) and Nuveen Core Equity Alpha Fund (JCE, ETF).

5-Year PerformanceJCE has outperformed GTIP, delivering a return of +11.6% compared to +0.6%

GTIP vs JCE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GTIP(ETF)	JCE(ETF)
Net Assets	$297M	$296M
Expense Ratio	0.12%	N/A
Max Drawdown	21.37%	64.90%
Sharpe Ratio	-0.29	0.94
5Y Beta	0.03	0.80
5Y Dividends CAGR	16.87%	4.90%

Net Assets

Winner

GTIP

$297M

JCE

$296M

Expense Ratio

GTIP

0.12%

JCE

N/A

Max Drawdown

Winner

GTIP

21.37%

JCE

64.90%

Sharpe Ratio

GTIP

-0.29

Winner

JCE

0.94

5Y Beta

Winner

GTIP

0.03

JCE

0.80

5Y Dividends CAGR

Winner

GTIP

16.87%

JCE

4.90%

GTIP vs JCE - Historical Returns

Returns include dividend reinvestment.

Period	GTIP	JCE
1 month	+0.03%	+3.48%
3 months	-0.42%	+7.34%
6 months	+0.64%	+8.81%
1 year	+2.47%	+17.08%
5 years(CAGR)	+0.61%	+11.55%
10 years(CAGR)	+2.50%	+12.17%
Max(CAGR)	+3.09%	+10.03%

GTIP

+0.03%

Winner

JCE

+3.48%

GTIP

-0.42%

Winner

JCE

+7.34%

GTIP

+0.64%

Winner

JCE

+8.81%

GTIP

+2.47%

Winner

JCE

+17.08%

5Y(CAGR)

GTIP

+0.61%

Winner

JCE

+11.55%

10Y(CAGR)

GTIP

+2.50%

Winner

JCE

+12.17%

Max(CAGR)

GTIP

+3.09%

Winner

JCE

+10.03%

GTIP vs JCE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GTIP	JCE
2026	+0.80%	+10.47%
2025	+6.57%	+11.45%
2024	+2.10%	+28.16%
2023	+3.57%	+12.70%
2022	-11.68%	-12.92%
2021	+5.69%	+50.42%
2020	+10.26%	+3.73%
2019	+8.20%	+30.21%
2018	+0.24%	-10.86%
2017	N/A	+31.07%
2016	+11.38%	+1.74%
2015	N/A	+0.50%
2014	N/A	+19.62%
2013	N/A	+35.38%
2012	N/A	+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%

GTIP vs JCE Drawdown Comparison

The maximum drawdown for GTIP was -14.30%, occurring on Oct 10, 2022. Recovery took 1068 trading sessions.

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

The current GTIP drawdown is -0.99%. The current JCE drawdown is -0.06%.

Rank	GTIP	JCE
#1	-14.30% Nov 9, 2021 - Feb 12, 2026	-57.60% Apr 19, 2007 - Jan 26, 2011
#2	-10.55% Mar 6, 2020 - Jun 10, 2020	-43.39% Feb 14, 2020 - Jan 20, 2021
#3	-4.21% Aug 23, 2016 - Mar 22, 2019	-30.15% Dec 31, 2021 - Mar 13, 2024
#4	-2.86% Jan 28, 2021 - May 5, 2021	-28.91% Aug 8, 2018 - Dec 27, 2019
#5	-2.38% Aug 29, 2019 - Jan 3, 2020	-21.74% Jun 30, 2011 - Feb 7, 2012
#6	-2.02% Feb 27, 2026 - May 1, 2026	-19.02% Feb 19, 2025 - Jul 25, 2025
#7	-1.87% Feb 10, 2016 - Mar 4, 2016	-18.87% Mar 23, 2015 - Jul 11, 2016
#8	-1.68% Jun 23, 2016 - Jun 30, 2016	-12.12% Jul 29, 2014 - Nov 20, 2014
#9	-1.67% Mar 18, 2016 - Mar 31, 2016	-11.72% Jul 21, 2016 - Feb 21, 2017
#10	-1.55% May 2, 2016 - Jun 3, 2016	-10.87% Jan 27, 2026 - Apr 15, 2026
#11	-1.52% Jan 13, 2016 - Jan 26, 2016	-10.02% Oct 5, 2012 - Jan 16, 2013
#12	-1.47% Oct 27, 2021 - Nov 8, 2021	-9.26% May 1, 2012 - Sep 12, 2012
#13	-1.47% Sep 9, 2021 - Oct 26, 2021	-9.17% May 21, 2013 - Jul 15, 2013
#14	-1.32% Sep 2, 2020 - Nov 30, 2020	-9.05% Jan 26, 2018 - May 21, 2018
#15	-1.29% Jul 14, 2016 - Jul 29, 2016	-8.34% Jan 21, 2014 - Feb 26, 2014

Correlation

Correlation between GTIP and JCE is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (2007 - 2026)

GTIP vs JCE dividend yield comparison.

Year	GTIP	JCE
2026	3.09%	4.23%
2025	4.58%	8.03%
2024	3.52%	8.05%
2023	2.77%	9.45%
2022	6.47%	17.22%
2021	3.82%	9.89%
2020	1.04%	6.57%
2019	2.34%	6.84%
2018	0.66%	9.23%
2017	0.00%	17.33%
2016	0.00%	8.68%
2015	0.00%	19.27%
2014	0.00%	14.38%
2013	0.00%	8.51%
2012	0.00%	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%