JPC vs SPY

Comparison between Nuveen Preferred & Income Opportunities Fund (JPC, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed JPC, delivering a return of +13.3% compared to +4.6%

JPC vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JPC(ETF)	SPY(ETF)
Net Assets	$2.90B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	82.53%	56.47%
Sharpe Ratio	0.85	2.07
5Y Beta	0.43	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	5.83%	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

JPC

$2.90B

Winner

SPY

$652B

Expense Ratio

JPC

N/A

SPY

0.09%

Max Drawdown

JPC

82.53%

Winner

SPY

56.47%

Sharpe Ratio

JPC

0.85

Winner

SPY

2.07

5Y Beta

Winner

JPC

0.43

SPY

1.00

P/E Ratio

JPC

N/A

SPY

28.24

Forward P/E

JPC

N/A

SPY

21.85

5Y Dividends CAGR

Winner

JPC

5.83%

SPY

5.43%

5Y EPS CAGR

JPC

N/A

SPY

25.79%

Debt to Equity

JPC

N/A

SPY

22.35%

P/S Ratio

JPC

N/A

SPY

3.55

P/B Ratio

JPC

N/A

SPY

5.29

JPC vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	JPC	SPY
1 month	+4.29%	+9.11%
3 months	-0.38%	+6.59%
6 months	+3.63%	+10.56%
1 year	+12.91%	+32.04%
5 years(CAGR)	+4.64%	+13.35%
10 years(CAGR)	+6.07%	+15.49%
Max(CAGR)	+6.30%	+8.50%

JPC

+4.29%

Winner

SPY

+9.11%

JPC

-0.38%

Winner

SPY

+6.59%

JPC

+3.63%

Winner

SPY

+10.56%

JPC

+12.91%

Winner

SPY

+32.04%

5Y(CAGR)

JPC

+4.64%

Winner

SPY

+13.35%

10Y(CAGR)

JPC

+6.07%

Winner

SPY

+15.49%

Max(CAGR)

JPC

+6.30%

Winner

SPY

+8.50%

JPC vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	JPC	SPY
2026	+2.38%	+8.27%
2025	+11.93%	+18.00%
2024	+26.27%	+25.59%
2023	+0.04%	+26.72%
2022	-20.05%	-18.64%
2021	+10.57%	+30.52%
2020	-2.15%	+17.28%
2019	+32.55%	+31.09%
2018	-11.31%	-5.24%
2017	+11.56%	+20.78%
2016	+15.56%	+13.59%
2015	+5.74%	+1.31%
2014	+16.77%	+14.56%
2013	-3.19%	+29.00%
2012	+33.68%	+14.17%
2011	+4.46%	+0.85%
2010	+21.17%	+13.14%
2009	+75.50%	+22.67%
2008	-51.43%	-36.25%
2007	-16.32%	+5.32%
2006	+27.82%	+13.85%
2005	-7.13%	+5.32%
2004	+2.12%	+10.75%
2003	+10.08%	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

JPC vs SPY Drawdown Comparison

The maximum drawdown for JPC was -76.06%, occurring on Mar 9, 2009. Recovery took 1107 trading sessions.

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

The current JPC drawdown is -1.13%.

Rank	JPC	SPY
#1	-76.06% Mar 2, 2007 - Jul 22, 2011	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-52.47% Feb 10, 2020 - May 4, 2021	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-32.24% Nov 1, 2021 - Sep 11, 2024	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-21.07% Apr 1, 2004 - Nov 2, 2004	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-18.25% Jul 22, 2011 - Feb 8, 2012	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-18.17% Oct 23, 2017 - Mar 15, 2019	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-17.32% May 10, 2013 - Jun 23, 2014	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-15.31% Feb 10, 2005 - Jul 27, 2006	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-13.93% Sep 6, 2016 - Apr 18, 2017	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-11.65% Mar 14, 2025 - May 12, 2025	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-11.43% Feb 13, 2026 - Mar 30, 2026	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-11.36% Jul 11, 2003 - Nov 14, 2003	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-8.48% Feb 4, 2016 - Mar 17, 2016	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-7.92% Nov 1, 2012 - Dec 7, 2012	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-6.81% Dec 2, 2015 - Jan 5, 2016	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between JPC 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)

JPC vs SPY dividend yield comparison.

Year	JPC	SPY
2026	3.11%	0.24%
2025	9.79%	1.07%
2024	8.94%	1.21%
2023	8.00%	1.40%
2022	8.74%	1.65%
2021	6.52%	1.20%
2020	6.95%	1.52%
2019	7.00%	1.75%
2018	9.02%	2.04%
2017	7.50%	1.80%
2016	8.14%	2.03%
2015	8.65%	2.06%
2014	7.95%	1.87%
2013	8.56%	1.81%
2012	7.82%	2.18%
2011	9.36%	2.05%
2010	8.14%	1.80%
2009	8.34%	1.95%
2008	21.74%	3.02%
2007	10.43%	1.85%
2006	7.70%	1.73%
2005	10.94%	1.73%
2004	10.05%	1.82%
2003	5.49%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%