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BNKS.L vs. JPM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BNKS.L vs. JPM

Last updated Jun 5, 2026

BNKS.L (iShares S&P U.S. Banks) is Financials Equities fund tracking the MSCI World/Financials NR USD, while JPM (JPMorgan Chase & Co.) is a stock. Over the past 5 years, BNKS.L returned 4.76%/yr vs 16.21%/yr for JPM. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

BNKS.L vs. JPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P U.S. Banks (BNKS.L) and JPMorgan Chase & Co. (JPM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BNKS.L achieves a 3.61% return, which is significantly higher than JPM's -2.59% return.

BNKS.L

1D
3.49%
1M
0.99%
YTD
3.61%
6M
7.51%
1Y
27.90%
3Y*
26.30%
5Y*
4.76%
10Y*
—

JPM

1D
3.34%
1M
0.48%
YTD
-2.59%
6M
-0.70%
1Y
19.95%
3Y*
33.76%
5Y*
16.21%
10Y*
20.04%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BNKS.L vs. JPM - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
BNKS.L
iShares S&P U.S. Banks		3.61%20.45%28.55%-3.74%-18.79%39.71%-12.04%36.28%-24.32%
JPM
JPMorgan Chase & Co.		-2.59%37.27%44.29%30.63%-12.64%27.75%-5.53%47.26%-12.14%

Correlation

The correlation between BNKS.L and JPM is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.54

Correlation (3Y)
Calculated over the trailing 3-year period

0.59

Correlation (5Y)
Calculated over the trailing 5-year period

0.60

Correlation (All Time)
Calculated using the full available price history since May 24, 2018

0.61

The correlation between BNKS.L and JPM has been stable across timeframes, ranging from 0.54 to 0.61 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares S&P U.S. Banks

JPMorgan Chase & Co.

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Often compared with JPM:
JPM vs. BACJPM vs. SPYJPM vs. BLKJPM vs. AXPJPM vs. VOOJPM vs. UBSJPM vs. HSBC

Return for Risk

BNKS.L vs. JPM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BNKS.L
BNKS.L Risk / Return Rank: 3636
Overall Rank
BNKS.L Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
BNKS.L Sortino Ratio Rank: 3939
Sortino Ratio Rank
BNKS.L Omega Ratio Rank: 3636
Omega Ratio Rank
BNKS.L Calmar Ratio Rank: 3434
Calmar Ratio Rank
BNKS.L Martin Ratio Rank: 3131
Martin Ratio Rank
JPM
JPM Risk / Return Rank: 6666
Overall Rank
JPM Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
JPM Sortino Ratio Rank: 6262
Sortino Ratio Rank
JPM Omega Ratio Rank: 6262
Omega Ratio Rank
JPM Calmar Ratio Rank: 6767
Calmar Ratio Rank
JPM Martin Ratio Rank: 6868
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BNKS.L vs. JPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P U.S. Banks (BNKS.L) and JPMorgan Chase & Co. (JPM). 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.

BNKS.LJPMDifference
Sharpe ratioReturn per unit of total volatility
1.33
0.93

+0.41

Sortino ratioReturn per unit of downside risk
1.96
1.33

+0.63

Omega ratioGain probability vs. loss probability

1.23

1.17

+0.06

Calmar ratioReturn relative to maximum drawdown

1.65

1.30

+0.35

Martin ratioReturn relative to average drawdown

4.55

3.09

+1.46

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNKS.L vs. JPM - Sharpe Ratio Comparison

The current BNKS.L Sharpe Ratio is 1.33, which is higher than the JPM Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of BNKS.L and JPM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BNKS.LJPMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.33

0.93

+0.41

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.17

0.67

-0.49

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.73

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.20

0.34

-0.14

Drawdowns

BNKS.L vs. JPM - Drawdown Comparison

The maximum BNKS.L drawdown since its inception was -51.35%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for BNKS.L and JPM.

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Drawdown Indicators

BNKS.LJPMDifference

Max Drawdown

Largest peak-to-trough decline

-51.35%

-76.16%

+24.81%

Max Drawdown (1Y)

Largest decline over 1 year

-16.88%

-15.47%

-1.41%

Max Drawdown (3Y)

Largest decline over 3 years

-28.47%

-24.42%

-4.05%

Max Drawdown (5Y)

Largest decline over 5 years

-50.15%

-38.77%

-11.38%

Max Drawdown (10Y)

Largest decline over 10 years

—

-43.63%

—

Current Drawdown

Current decline from peak

-5.58%

-6.61%

+1.03%

Average Drawdown

Average peak-to-trough decline

-17.75%

-17.62%

-0.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.12%

6.47%

-0.35%

Volatility

BNKS.L vs. JPM - Volatility Comparison

The current volatility for iShares S&P U.S. Banks (BNKS.L) is 6.48%, while JPMorgan Chase & Co. (JPM) has a volatility of 7.21%. This indicates that BNKS.L experiences smaller price fluctuations and is considered to be less risky than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BNKS.LJPMDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.48%

7.21%

-0.73%

Volatility (6M)

Calculated over the trailing 6-month period

15.85%

17.47%

-1.62%

Volatility (1Y)

Calculated over the trailing 1-year period

20.82%

21.65%

-0.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.66%

24.45%

+3.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.51%

27.39%

+4.12%

Dividends

BNKS.L vs. JPM - Dividend Comparison

BNKS.L has not paid dividends to shareholders, while JPM's dividend yield for the trailing twelve months is around 1.90%.

PositionTTM20252024202320222021202020192018201720162015
BNKS.L
iShares S&P U.S. Banks		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
JPM
JPMorgan Chase & Co.		1.90%1.72%1.92%2.38%2.98%2.34%2.83%2.37%2.54%1.91%2.13%2.54%

Frequently Asked Questions

BNKS.L and JPM have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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