CBSH vs. JNJ
CBSH (Commerce Bancshares, Inc.) and JNJ (Johnson & Johnson) are both stocks. CBSH operates in Banks - Regional (Financial Services), while JNJ operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, CBSH returned 9.61%/yr vs 10.44%/yr for JNJ. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
CBSH vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, CBSH achieves a 14.45% return, which is significantly lower than JNJ's 25.25% return. Over the past 10 years, CBSH has underperformed JNJ with an annualized return of 9.61%, while JNJ has yielded a comparatively higher 10.44% annualized return.
CBSH
- 1D
- -0.29%
- 1M
- 0.90%
- 6M
- 13.80%
- YTD
- 14.45%
- 1Y
- 3.76%
- 3Y*
- 10.69%
- 5Y*
- 3.19%
- 10Y*
- 9.61%
- ALL TIME*
- 12.25%
JNJ
- 1D
- 0.21%
- 1M
- 0.93%
- 6M
- 14.06%
- YTD
- 25.25%
- 1Y
- 59.50%
- 3Y*
- 18.33%
- 5Y*
- 11.37%
- 10Y*
- 10.44%
- ALL TIME*
- 12.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $71.89M | $72.86M | $69.63M | |
| $2.09B | $2.09B | $1.99B |
CBSH vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CBSH Commerce Bancshares, Inc. | 14.45% | -10.16% | 24.71% | -15.91% | 5.56% | 11.44% | 3.71% | 28.74% | 7.52% | 3.07% |
JNJ Johnson & Johnson | 25.25% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between CBSH and JNJ is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984 | 0.21 |
Fundamentals
CBSH:
$8.64B
JNJ:
$617.78B
CBSH:
$4.17
JNJ:
$8.63
CBSH:
14.22
JNJ:
29.71
CBSH:
5.72
JNJ:
0.99
CBSH:
3.83
JNJ:
6.38
CBSH:
1.96
JNJ:
7.36
CBSH:
$2.17B
JNJ:
$97.93B
CBSH:
$1.74B
JNJ:
$68.99B
CBSH:
$831.00M
JNJ:
$31.92B
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Return for Risk
CBSH vs. JNJ — Risk / Return Rank
CBSH
JNJ
CBSH vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Commerce Bancshares, Inc. (CBSH) and Johnson & Johnson (JNJ). 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.
| CBSH | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.07 | ||
| Sortino ratioReturn per unit of downside risk | -3.98 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.56 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | 5.46 | -5.26 |
| Martin ratioReturn relative to average drawdown | 0.35 | 15.18 | -14.83 |
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Drawdowns
CBSH vs. JNJ - Drawdown Comparison
The maximum CBSH drawdown since its inception was -44.70%, smaller than the maximum JNJ drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for CBSH and JNJ.
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Drawdown Indicators
| CBSH | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.70% | -50.67% | +5.97% |
Max Drawdown (1Y)Largest decline over 1 year | -19.51% | -10.96% | -8.55% |
Max Drawdown (3Y)Largest decline over 3 years | -27.63% | -15.72% | -11.91% |
Max Drawdown (5Y)Largest decline over 5 years | -38.02% | -18.41% | -19.61% |
Max Drawdown (10Y)Largest decline over 10 years | -38.23% | -27.37% | -10.86% |
Current DrawdownCurrent decline from peak | -9.20% | -4.07% | -5.13% |
Average DrawdownAverage peak-to-trough decline | -9.24% | -11.88% | +2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.77% | 3.93% | +6.84% |
Volatility
CBSH vs. JNJ - Volatility Comparison
The current volatility for Commerce Bancshares, Inc. (CBSH) is 4.81%, while Johnson & Johnson (JNJ) has a volatility of 8.48%. This indicates that CBSH experiences smaller price fluctuations and is considered to be less risky than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBSH | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 8.48% | -3.67% |
Volatility (6M)Calculated over the trailing 6-month period | 13.22% | 15.03% | -1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.66% | 18.44% | +2.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.04% | 17.46% | +6.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.39% | 18.75% | +7.64% |
Dividends
CBSH vs. JNJ - Dividend Comparison
CBSH's dividend yield for the trailing twelve months is around 1.83%, less than JNJ's 2.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBSH Commerce Bancshares, Inc. | 1.83% | 2.03% | 1.67% | 1.95% | 1.50% | 1.47% | 2.00% | 1.48% | 1.61% | 1.55% | 2.93% | 2.04% |
JNJ Johnson & Johnson | 2.04% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Financials
CBSH vs. JNJ - Financials Comparison
This section allows you to compare key financial metrics between Commerce Bancshares, Inc. and Johnson & Johnson. 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
CBSH vs. JNJ - Profitability Comparison
CBSH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Commerce Bancshares, Inc. reported a gross profit of 398.91M and revenue of 498.91M. Therefore, the gross margin over that period was 80.0%.
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Johnson & Johnson reported a gross profit of 18.50B and revenue of 25.31B. Therefore, the gross margin over that period was 73.1%.
CBSH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Commerce Bancshares, Inc. reported an operating income of 205.94M and revenue of 498.91M, resulting in an operating margin of 41.3%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Johnson & Johnson reported an operating income of 7.17B and revenue of 25.31B, resulting in an operating margin of 28.3%.
CBSH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Commerce Bancshares, Inc. reported a net income of 159.79M and revenue of 498.91M, resulting in a net margin of 32.0%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Johnson & Johnson reported a net income of 5.53B and revenue of 25.31B, resulting in a net margin of 21.9%.
Frequently Asked Questions
CBSH and JNJ have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNJ has higher volatility (8.48%) compared to CBSH (4.81%). In terms of maximum drawdown, CBSH dropped -44.70% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.26 vs 0.18), 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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