JRI vs SPLS
Nuveen Real Asset Income and Growth Fund vs PIMCO US Stocks PLUS Active Bond Exchange-Traded Fund
Which is better, JRI or SPLS?
SPLS has been ahead.
SPLS has a lower expense ratio. SPLS led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JRI | SPLS |
|---|---|---|
| Expense Ratio | 3.97% | 0.18%Best |
| AUM | $442M | $88M |
| Dividend Yield | 13.27% | 0.54% |
| Holdings | 413 | 3 |
| YTD Return | -16.19% | +10.71%Best |
| 1Y Return | -16.30% | +10.71%Best |
| 3Y Return (annualized) | +12.67% | - |
| 5Y Return (annualized) | +2.11% | - |
| Volatility (annualized) | 20.2%Best | 158.3% |
| Max Drawdown | -64.3% | -58.6%Best |
| $10,000 over 14.5 years | $9,728 | $44,707Best |
| Fund Family | Nuveen | PIMCO (US) |
| Category | Allocation/Balanced | Allocation/Balanced |
| Style | Allocation/Balanced | Allocation/Balanced |
| Inception | Apr 25, 2012 | Jan 15, 2026 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 14.5 years row, are measured over the window both funds cover: Apr 25, 2012 to Oct 14, 2026 (14.5 years).
JRI vs SPLS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 14.5 years both funds cover.
JRI vs SPLS Performance
Nuveen Real Asset Income and Growth Fund (JRI) is an ETF from Nuveen and PIMCO US Stocks PLUS Active Bond Exchange-Traded Fund (SPLS) is an ETF from PIMCO (US). Over the past year JRI returned -16.30% while SPLS returned +10.71%. Year to date, JRI is down 16.19% versus a gain of 10.71% for SPLS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPLS has been the more volatile fund, with annualized monthly volatility of 158.3% compared with 20.2% for JRI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -64.3% for JRI and -58.6% for SPLS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.03. They move largely independently of each other.
Fees and Cost Over Time
JRI charges 3.97% per year while SPLS charges 0.18%. On a $10,000 position that is $397 vs $18 annually, a gap of $379 per year that compounds over a long holding period. On income, JRI currently yields 13.27% against 0.54% for SPLS.
Holdings Overlap
We hold position weights for 330 holdings in JRI and 3 in SPLS, totalling 83.4% and 98.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 68 days apart, JRI as of Jul 31, 2026 and SPLS as of Oct 7, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 330 positions we hold weights for in JRI and 3 in SPLS, against full books of 413 and 3.
You are not choosing between two funds in isolation.
Whichever of JRI and SPLS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JRI or SPLS?
JRI has an expense ratio of 3.97% while SPLS charges 0.18%. SPLS is the cheaper option, by $379 a year on a $10,000 investment.
Which performed better, JRI or SPLS?
Over the past year JRI returned -16.30% vs +10.71% for SPLS, so SPLS leads on 1-year performance. Over the longest common window we track (15 years), JRI annualized -0.19% vs +10.88% for SPLS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JRI or SPLS?
SPLS has been the more volatile fund at 158.3% annualized versus 20.2% for JRI. Worst drawdown: JRI -64.3% vs SPLS -58.6%.
Should I hold both JRI and SPLS?
JRI and SPLS have a monthly-return correlation of -0.03, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JRI or SPLS?
JRI yields 13.27% while SPLS yields 0.54%, so JRI currently pays the higher dividend yield.
Is SPLS better than JRI?
SPLS has a lower expense ratio. SPLS led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.