JQC vs VVR: Correlation
Nuveen Credit Strategies Income Fund Shares of Beneficial (JQC) and Invesco Senior Income Trust (VVR) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JQC and VVR?
On 3 years of weekly data the JQC/VVR correlation comes out at 0.50, moderate. The past 12 months show a weaker link (0.38) than the 3-year average (0.50). The 5-year figure is 0.55, and annualized covariance runs at 82.6 %².
By 3-year correlation, VVR places #8 of the 14 assets tracked against JQC. Over the last 12 months JQC came out ahead by 6.0 percentage points (-2.3% against -8.3%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
JQC vs VVR: side by side
| JQC (Nuveen Credit Strategies Income Fund Shares of Beneficial) | VVR (Invesco Senior Income Trust) | |
|---|---|---|
| 1-year return | -2.3% | -8.3% |
| 5-year return | +26.7% | +22.0% |
| Volatility (ann.) | 11.1% | 15.0% |
| Beta vs S&P 500 | 0.41 | 0.32 |
| Max drawdown (3Y) | -15.4% | -19.5% |
| Market cap | – | $0.4B |
| P/E (trailing) | 16.9 | 32.3 |
| Dividend yield | 13.64% | 15.51% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JQC | VVR |
|---|---|---|
| 2022 | -14.2% | -1.1% |
| 2023 | +15.4% | +20.9% |
| 2024 | +22.3% | +9.0% |
| 2025 | -0.4% | -6.2% |
| 2026 | +2.7% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JQC and VVR good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between JQC and VVR?
As of 2026-08-27, the correlation of weekly returns between JQC and VVR is 0.50 over 3 years, 0.38 over 1 year and 0.55 over 5 years.
Is VVR a good diversifier for JQC?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/jqc-vs-vvr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/jqc-vs-vvr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JQC correlations · VVR correlations
