JCE vs GAL

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

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

JCE vs GAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

JCE

$307M

GAL

$306M

Expense Ratio

JCE

N/A

GAL

0.35%

Max Drawdown

JCE

64.90%

Winner

GAL

28.31%

Sharpe Ratio

JCE

0.87

Winner

GAL

1.47

5Y Beta

JCE

0.79

Winner

GAL

0.54

5Y Dividends CAGR

JCE

4.90%

Winner

GAL

16.76%

JCE vs GAL - Historical Returns

Returns include dividend reinvestment.

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

JCE

+0.64%

Winner

GAL

+0.72%

Winner

JCE

+8.57%

GAL

+5.69%

JCE

+8.37%

Winner

GAL

+9.07%

Winner

JCE

+18.53%

GAL

+18.42%

5Y(CAGR)

Winner

JCE

+11.40%

GAL

+6.92%

10Y(CAGR)

Winner

JCE

+12.55%

GAL

+8.21%

Max(CAGR)

Winner

JCE

+9.87%

GAL

+7.36%

JCE vs GAL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

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

JCE vs GAL Drawdown Comparison

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

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

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

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

Correlation

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

0.99

-101

Dividend Comparison (2007 - 2026)

JCE vs GAL dividend yield comparison.

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