JFR vs SPY

Comparison between Nuveen Floating Rate Income Fund (JFR, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed JFR, delivering a return of +13.3% compared to +5.5%

JFR vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JFR(ETF)	SPY(ETF)
Net Assets	$1.30B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	70.11%	56.47%
Sharpe Ratio	0.05	2.07
5Y Beta	0.37	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	12.72%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

JFR

$1.30B

Winner

SPY

$652B

Expense Ratio

JFR

N/A

SPY

0.09%

Max Drawdown

JFR

70.11%

Winner

SPY

56.47%

Sharpe Ratio

JFR

0.05

Winner

SPY

2.07

5Y Beta

Winner

JFR

0.37

SPY

1.00

P/E Ratio

JFR

N/A

SPY

28.24

Forward P/E

JFR

N/A

SPY

21.85

5Y Dividends CAGR

Winner

JFR

12.72%

SPY

5.43%

5Y EPS CAGR

JFR

N/A

SPY

25.79%

Debt to Equity

JFR

N/A

SPY

22.35%

P/S Ratio

JFR

N/A

SPY

3.55

P/B Ratio

JFR

N/A

SPY

5.29

JFR vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	JFR	SPY
1 month	+1.31%	+9.11%
3 months	+0.05%	+6.59%
6 months	+1.13%	+10.56%
1 year	+4.00%	+32.04%
5 years(CAGR)	+5.46%	+13.35%
10 years(CAGR)	+5.86%	+15.49%
Max(CAGR)	+4.72%	+8.50%

JFR

+1.31%

Winner

SPY

+9.11%

JFR

+0.05%

Winner

SPY

+6.59%

JFR

+1.13%

Winner

SPY

+10.56%

JFR

+4.00%

Winner

SPY

+32.04%

5Y(CAGR)

JFR

+5.46%

Winner

SPY

+13.35%

10Y(CAGR)

JFR

+5.86%

Winner

SPY

+15.49%

Max(CAGR)

JFR

+4.72%

Winner

SPY

+8.50%

JFR vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	JFR	SPY
2026	+0.49%	+8.27%
2025	-1.37%	+18.00%
2024	+20.56%	+25.59%
2023	+15.24%	+26.72%
2022	-14.96%	-18.64%
2021	+24.23%	+30.52%
2020	-7.58%	+17.28%
2019	+18.36%	+31.09%
2018	-11.62%	-5.24%
2017	+2.78%	+20.78%
2016	+23.75%	+13.59%
2015	-0.21%	+1.31%
2014	-2.02%	+14.56%
2013	+2.56%	+29.00%
2012	+21.25%	+14.17%
2011	-0.88%	+0.85%
2010	+19.48%	+13.14%
2009	+71.84%	+22.67%
2008	-42.63%	-36.25%
2007	-8.35%	+5.32%
2006	+16.66%	+13.85%
2005	-4.10%	+5.32%
2004	-8.97%	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

JFR vs SPY Drawdown Comparison

The maximum drawdown for JFR was -62.58%, occurring on Dec 9, 2008. Recovery took 681 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current JFR drawdown is -3.02%.

Rank	JFR	SPY
#1	-62.58% Jun 22, 2007 - Mar 8, 2010	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-47.67% Jan 24, 2020 - Mar 9, 2021	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-20.38% Feb 9, 2022 - Feb 6, 2024	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-20.27% May 19, 2011 - Apr 2, 2012	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-18.76% Mar 11, 2013 - Aug 29, 2016	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-18.14% Oct 23, 2017 - Dec 27, 2019	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-16.10% Apr 14, 2010 - Dec 17, 2010	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-15.46% Mar 25, 2004 - Nov 30, 2006	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-15.30% Dec 10, 2024 - Jul 31, 2025	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-8.83% May 1, 2012 - Jul 20, 2012	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-8.61% Aug 8, 2025 - Mar 27, 2026	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-7.42% Nov 2, 2012 - Jan 9, 2013	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-7.04% Feb 3, 2017 - May 24, 2017	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-5.92% Jan 14, 2022 - Feb 9, 2022	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-5.43% Jul 25, 2024 - Aug 14, 2024	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between JFR and SPY is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (1999 - 2026)

JFR vs SPY dividend yield comparison.

Year	JFR	SPY
2026	4.33%	0.24%
2025	13.03%	1.07%
2024	11.43%	1.21%
2023	11.51%	1.40%
2022	9.61%	1.65%
2021	6.66%	1.20%
2020	7.19%	1.52%
2019	7.19%	1.75%
2018	7.95%	2.04%
2017	7.23%	1.80%
2016	6.38%	2.03%
2015	7.03%	2.06%
2014	6.62%	1.87%
2013	7.15%	1.81%
2012	7.72%	2.18%
2011	8.16%	2.05%
2010	5.31%	1.80%
2009	5.31%	1.95%
2008	14.89%	3.02%
2007	10.40%	1.85%
2006	7.89%	1.73%
2005	7.27%	1.73%
2004	3.88%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%