BNY vs. JPM

Last updated Jun 4, 2026

BNY (The Bank of New York Mellon Corporation) and JPM (JPMorgan Chase & Co.) are both stocks. Both operate in the Banks - Diversified industry within the Financial Services sector. Over the past 10 years, BNY returned 15.90%/yr vs 19.77%/yr for JPM. A 0.60 correlation means they provide meaningful diversification when combined.

Performance

BNY vs. JPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Bank of New York Mellon Corporation (BNY) and JPMorgan Chase & Co. (JPM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNY achieves a 22.11% return, which is significantly higher than JPM's -5.73% return. Over the past 10 years, BNY has underperformed JPM with an annualized return of 15.90%, while JPM has yielded a comparatively higher 19.77% annualized return.

BNY

• 1D: -0.50%
• 1M: 6.59%
• YTD: 22.11%
• 6M: 25.35%
• 1Y: 60.34%
• 3Y*: 52.65%
• 5Y*: 25.33%
• 10Y*: 15.90%

JPM

• 1D: -0.04%
• 1M: -2.21%
• YTD: -5.73%
• 6M: -2.68%
• 1Y: 15.18%
• 3Y*: 31.87%
• 5Y*: 15.45%
• 10Y*: 19.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BNY vs. JPM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BNY The Bank of New York Mellon Corporation	22.11%	54.45%	51.90%	18.52%	-19.14%	40.55%	-12.91%	9.56%	-10.85%	15.68%
JPM JPMorgan Chase & Co.	-5.73%	37.27%	44.29%	30.63%	-12.64%	27.75%	-5.53%	47.26%	-6.62%	26.76%

Correlation

The correlation between BNY and JPM is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.72
Correlation (All Time) Calculated using the full available price history since Jan 3, 1984	0.60

The correlation between BNY and JPM shifts across timeframes, from 0.51 (1 year) to 0.72 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BNY : $98.14B JPM : $840.48B
EPS BNY : $8.43 JPM : $21.08
PE Ratio BNY : 16.67 JPM : 14.27
PEG Ratio BNY : 0.82 JPM : 1.58
PS Ratio BNY : 2.44 JPM : 2.95
PB Ratio BNY : 2.49 JPM : 2.44
Total Revenue (TTM) BNY : $40.65B JPM : $285.09B
Gross Profit (TTM) BNY : $20.54B JPM : $173.52B
EBITDA (TTM) BNY : $8.96B JPM : $81.46B

Return for Risk

BNY vs. JPM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNY

BNY Risk / Return Rank: 94
BNY Sharpe Ratio Rank: 95
BNY Sortino Ratio Rank: 93
BNY Omega Ratio Rank: 93
BNY Calmar Ratio Rank: 93
BNY Martin Ratio Rank: 94

JPM

JPM Risk / Return Rank: 59
JPM Sharpe Ratio Rank: 63
JPM Sortino Ratio Rank: 55
JPM Omega Ratio Rank: 54
JPM Calmar Ratio Rank: 61
JPM Martin Ratio Rank: 62

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.

BNY vs. JPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Bank of New York Mellon Corporation (BNY) 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.

	BNY	JPM	Difference
Sharpe ratio Return per unit of total volatility	3.06	0.71	+2.35
Sortino ratio Return per unit of downside risk	3.78	1.06	+2.71
Omega ratio Gain probability vs. loss probability	1.50	1.14	+0.36
Calmar ratio Return relative to maximum drawdown	5.98	0.99	+4.99
Martin ratio Return relative to average drawdown	16.93	2.36	+14.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNY vs. JPM - Sharpe Ratio Comparison

The current BNY Sharpe Ratio is 3.06, which is higher than the JPM Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of BNY 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.

Sharpe Ratios by Period

	BNY	JPM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.06	0.71	+2.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	0.64	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.72	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.34	+0.02

Drawdowns

BNY vs. JPM - Drawdown Comparison

The maximum BNY drawdown since its inception was -72.28%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for BNY and JPM.

Drawdown Indicators

	BNY	JPM	Difference
Max Drawdown Largest peak-to-trough decline	-72.28%	-76.16%	+3.88%
Max Drawdown (1Y) Largest decline over 1 year	-10.15%	-15.47%	+5.32%
Max Drawdown (3Y) Largest decline over 3 years	-17.58%	-24.42%	+6.84%
Max Drawdown (5Y) Largest decline over 5 years	-40.45%	-38.77%	-1.68%
Max Drawdown (10Y) Largest decline over 10 years	-50.49%	-43.63%	-6.86%
Current Drawdown Current decline from peak	-1.42%	-9.63%	+8.21%
Average Drawdown Average peak-to-trough decline	-18.72%	-17.62%	-1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	6.46%	-2.88%

Volatility

BNY vs. JPM - Volatility Comparison

The current volatility for The Bank of New York Mellon Corporation (BNY) is 4.87%, while JPMorgan Chase & Co. (JPM) has a volatility of 6.39%. This indicates that BNY 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.

Volatility by Period

	BNY	JPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	6.39%	-1.52%
Volatility (6M) Calculated over the trailing 6-month period	15.73%	17.16%	-1.43%
Volatility (1Y) Calculated over the trailing 1-year period	19.79%	21.41%	-1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.58%	24.41%	+0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.04%	27.37%	-0.33%

Dividends

BNY vs. JPM - Dividend Comparison

BNY's dividend yield for the trailing twelve months is around 1.51%, less than JPM's 1.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BNY The Bank of New York Mellon Corporation	1.51%	1.72%	2.32%	3.04%	3.12%	2.24%	2.92%	2.34%	2.21%	1.60%	1.52%	1.65%
JPM JPMorgan Chase & Co.	1.96%	1.72%	1.92%	2.38%	2.98%	2.34%	2.83%	2.37%	2.54%	1.91%	2.13%	2.54%

Financials

BNY vs. JPM - Profitability Comparison

The chart below illustrates the profitability comparison between The Bank of New York Mellon Corporation and JPMorgan Chase & Co. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BNY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a gross profit of 5.42B and revenue of 9.86B. Therefore, the gross margin over that period was 54.9%.

JPM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a gross profit of 47.33B and revenue of 73.66B. Therefore, the gross margin over that period was 64.3%.

BNY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported an operating income of 2.02B and revenue of 9.86B, resulting in an operating margin of 20.4%.

JPM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported an operating income of 20.48B and revenue of 73.66B, resulting in an operating margin of 27.8%.

BNY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a net income of 1.63B and revenue of 9.86B, resulting in a net margin of 16.6%.

JPM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a net income of 16.49B and revenue of 73.66B, resulting in a net margin of 22.4%.

Frequently Asked Questions

Can I hold both BNY and JPM in my portfolio?

BNY and JPM have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BNY or JPM?

JPM has higher volatility (6.39%) compared to BNY (4.87%). In terms of maximum drawdown, BNY dropped -72.28% vs JPM's -76.16%.

Which has better risk-adjusted returns?

BNY currently has the higher Sharpe Ratio (3.06 vs 0.71), 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.