JPC vs VRP

Comparison between Nuveen Preferred & Income Opportunities Fund (JPC, ETF) and INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF).

5-Year PerformanceVRP has outperformed JPC, delivering a return of +4.1% compared to +3.6%

JPC vs VRP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JPC(ETF)	VRP(ETF)
Net Assets	$2.90B	$3B
Expense Ratio	N/A	0.50%
Max Drawdown	82.53%	46.22%
Sharpe Ratio	0.18	0.45
5Y Beta	0.44	0.15
5Y Dividends CAGR	5.53%	6.05%

Net Assets

JPC

$2.90B

Winner

VRP

$3B

Expense Ratio

JPC

N/A

VRP

0.50%

Max Drawdown

JPC

82.53%

Winner

VRP

46.22%

Sharpe Ratio

JPC

0.18

Winner

VRP

0.45

5Y Beta

JPC

0.44

Winner

VRP

0.15

5Y Dividends CAGR

JPC

5.53%

Winner

VRP

6.05%

JPC vs VRP - Historical Returns

Returns include dividend reinvestment.

Period	JPC	VRP
1 month	-0.74%	-0.43%
3 months	-1.53%	+0.51%
6 months	-2.02%	+1.32%
1 year	+5.21%	+4.98%
5 years(CAGR)	+3.59%	+4.12%
10 years(CAGR)	+5.31%	+4.86%
Max(CAGR)	+6.16%	+5.04%

JPC

-0.74%

Winner

VRP

-0.43%

JPC

-1.53%

Winner

VRP

+0.51%

JPC

-2.02%

Winner

VRP

+1.32%

Winner

JPC

+5.21%

VRP

+4.98%

5Y(CAGR)

JPC

+3.59%

Winner

VRP

+4.12%

10Y(CAGR)

Winner

JPC

+5.31%

VRP

+4.86%

Max(CAGR)

Winner

JPC

+6.16%

VRP

+5.04%

JPC vs VRP - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	JPC	VRP
2026	+0.94%	+2.12%
2025	+11.93%	+7.07%
2024	+26.27%	+11.29%
2023	+0.04%	+10.49%
2022	-20.05%	-9.00%
2021	+10.57%	+4.93%
2020	-2.15%	+4.79%
2019	+32.55%	+18.32%
2018	-11.31%	-6.37%
2017	+11.56%	+8.94%
2016	+15.56%	+6.93%
2015	+5.74%	+2.65%
2014	+16.77%	+1.81%
2013	-3.19%	N/A
2012	+33.68%	N/A
2011	+4.46%	N/A
2010	+21.17%	N/A
2009	+75.50%	N/A
2008	-51.43%	N/A
2007	-16.32%	N/A
2006	+27.82%	N/A
2005	-7.13%	N/A
2004	+2.12%	N/A
2003	+10.08%	N/A

JPC vs VRP Drawdown Comparison

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

The maximum drawdown for VRP was -46.04%, occurring on Mar 18, 2020. Recovery took 193 trading sessions.

The current JPC drawdown is -2.52%. The current VRP drawdown is -0.43%.

Rank	JPC	VRP
#1	-76.06% Mar 2, 2007 - Jul 22, 2011	-46.04% Feb 12, 2020 - Nov 16, 2020
#2	-52.47% Feb 10, 2020 - May 4, 2021	-13.76% Sep 22, 2021 - Jan 10, 2024
#3	-32.24% Nov 1, 2021 - Sep 11, 2024	-9.04% Aug 31, 2018 - Mar 1, 2019
#4	-21.07% Apr 1, 2004 - Nov 2, 2004	-7.54% Apr 24, 2015 - Apr 22, 2016
#5	-18.25% Jul 22, 2011 - Feb 8, 2012	-5.38% Sep 6, 2016 - Feb 7, 2017
#6	-18.17% Oct 23, 2017 - Mar 15, 2019	-4.26% Feb 28, 2025 - May 16, 2025
#7	-17.32% May 10, 2013 - Jun 23, 2014	-2.89% Feb 24, 2026 - Apr 20, 2026
#8	-15.31% Feb 10, 2005 - Jul 27, 2006	-2.43% Oct 23, 2017 - Aug 31, 2018
#9	-13.93% Sep 6, 2016 - Apr 18, 2017	-1.88% Jul 18, 2024 - Aug 15, 2024
#10	-11.65% Mar 14, 2025 - May 12, 2025	-1.72% Mar 22, 2024 - May 2, 2024
#11	-11.43% Feb 13, 2026 - Mar 30, 2026	-1.71% Aug 29, 2014 - Jan 26, 2015
#12	-11.36% Jul 11, 2003 - Nov 14, 2003	-1.67% Feb 9, 2021 - Mar 31, 2021
#13	-8.48% Feb 4, 2016 - Mar 17, 2016	-1.55% Jan 3, 2025 - Feb 5, 2025
#14	-7.92% Nov 1, 2012 - Dec 7, 2012	-1.41% Feb 27, 2017 - Mar 30, 2017
#15	-6.81% Dec 2, 2015 - Jan 5, 2016	-1.41% Aug 3, 2017 - Oct 23, 2017

Correlation

Correlation between JPC and VRP is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2003 - 2026)

JPC vs VRP dividend yield comparison.

Year	JPC	VRP
2026	5.66%	2.75%
2025	9.79%	6.53%
2024	8.94%	5.78%
2023	8.00%	6.61%
2022	8.74%	5.38%
2021	6.52%	4.25%
2020	6.95%	4.17%
2019	7.00%	4.71%
2018	9.02%	5.28%
2017	7.50%	4.69%
2016	8.14%	5.10%
2015	8.65%	5.02%
2014	7.95%	3.04%
2013	8.56%	0.00%
2012	7.82%	0.00%
2011	9.36%	0.00%
2010	8.14%	0.00%
2009	8.34%	0.00%
2008	21.74%	0.00%
2007	10.43%	0.00%
2006	7.70%	0.00%
2005	10.94%	0.00%
2004	10.05%	0.00%
2003	5.49%	0.00%