BMA vs. JXN
BMA (Banco Macro S.A.) and JXN (Jackson Financial Inc.) are both stocks. Both are in the Financial Services sector — BMA in Banks - Regional, JXN in Asset Management. Over the past 3 years, BMA returned 69.62%/yr vs 62.33%/yr for JXN. At a 0.28 correlation, their price movements are largely independent.
Performance
BMA vs. JXN - Performance Comparison
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Returns By Period
In the year-to-date period, BMA achieves a 7.73% return, which is significantly higher than JXN's 4.82% return.
BMA
- 1D
- -3.36%
- 1M
- 24.52%
- YTD
- 7.73%
- 6M
- 7.60%
- 1Y
- 45.58%
- 3Y*
- 69.62%
- 5Y*
- 52.24%
- 10Y*
- 7.89%
JXN
- 1D
- 0.47%
- 1M
- 3.62%
- YTD
- 4.82%
- 6M
- 3.93%
- 1Y
- 33.83%
- 3Y*
- 62.33%
- 5Y*
- —
- 10Y*
- —
BMA vs. JXN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BMA Banco Macro S.A. | 7.73% | -3.55% | 277.79% | 91.62% | 27.04% | -25.03% |
JXN Jackson Financial Inc. | 4.82% | 26.93% | 76.45% | 57.22% | -11.54% | 69.65% |
Correlation
The correlation between BMA and JXN is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 1, 2021 | 0.28 |
Fundamentals
BMA:
ARS 5.81K
JXN:
-$7.23
BMA:
1.84
JXN:
1.00
BMA:
ARS 4.76T
JXN:
$5.86B
BMA:
ARS 2.84T
JXN:
$5.39B
BMA:
ARS 751.84B
JXN:
-$22.00M
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Return for Risk
BMA vs. JXN — Risk / Return Rank
BMA
JXN
BMA vs. JXN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco Macro S.A. (BMA) and Jackson Financial Inc. (JXN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BMA | JXN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | 2.08 | -1.12 |
| Martin ratioReturn relative to average drawdown | 2.15 | 4.61 | -2.46 |
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Drawdowns
BMA vs. JXN - Drawdown Comparison
The maximum BMA drawdown since its inception was -91.66%, which is greater than JXN's maximum drawdown of -48.34%. Use the drawdown chart below to compare losses from any high point for BMA and JXN.
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Drawdown Indicators
| BMA | JXN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.66% | -48.34% | -43.32% |
Max Drawdown (1Y)Largest decline over 1 year | -47.38% | -16.31% | -31.07% |
Max Drawdown (3Y)Largest decline over 3 years | -65.40% | -37.09% | -28.31% |
Max Drawdown (5Y)Largest decline over 5 years | -65.40% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -91.66% | — | — |
Current DrawdownCurrent decline from peak | -13.22% | -8.53% | -4.69% |
Average DrawdownAverage peak-to-trough decline | -44.77% | -15.04% | -29.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.25% | 7.36% | +13.89% |
Volatility
BMA vs. JXN - Volatility Comparison
Banco Macro S.A. (BMA) has a higher volatility of 17.97% compared to Jackson Financial Inc. (JXN) at 6.40%. This indicates that BMA's price experiences larger fluctuations and is considered to be riskier than JXN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BMA | JXN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.97% | 6.40% | +11.57% |
Volatility (6M)Calculated over the trailing 6-month period | 39.49% | 23.26% | +16.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.66% | 31.68% | +42.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.68% | 45.39% | +14.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.38% | 45.39% | +16.99% |
Dividends
BMA vs. JXN - Dividend Comparison
BMA's dividend yield for the trailing twelve months is around 5.09%, more than JXN's 3.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BMA Banco Macro S.A. | 5.09% | 2.38% | 6.10% | 7.75% | 7.28% | 0.00% | 0.00% | 6.20% | 5.05% | 0.65% | 1.53% |
JXN Jackson Financial Inc. | 3.09% | 3.00% | 3.22% | 4.84% | 6.32% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BMA vs. JXN - Financials Comparison
This section allows you to compare key financial metrics between Banco Macro S.A. and Jackson Financial Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BMA vs. JXN - Profitability Comparison
BMA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Banco Macro S.A. reported a gross profit of 1.17T and revenue of 1.91T. Therefore, the gross margin over that period was 61.1%.
JXN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Jackson Financial Inc. reported a gross profit of 0.00 and revenue of 2.90B. Therefore, the gross margin over that period was 0.0%.
BMA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Banco Macro S.A. reported an operating income of 212.69B and revenue of 1.91T, resulting in an operating margin of 11.2%.
JXN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Jackson Financial Inc. reported an operating income of 0.00 and revenue of 2.90B, resulting in an operating margin of 0.0%.
BMA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Banco Macro S.A. reported a net income of 140.24B and revenue of 1.91T, resulting in a net margin of 7.4%.
JXN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Jackson Financial Inc. reported a net income of -435.00M and revenue of 2.90B, resulting in a net margin of -15.0%.
Frequently Asked Questions
BMA and JXN have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BMA has higher volatility (17.97%) compared to JXN (6.40%). In terms of maximum drawdown, BMA dropped -91.66% vs JXN's -48.34%.
JXN currently has the higher Sharpe Ratio (1.07 vs 0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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