COST vs. JPM
COST (Costco Wholesale Corporation) and JPM (JPMorgan Chase & Co.) are both stocks. COST operates in Discount Stores (Consumer Defensive), while JPM operates in Banks - Diversified (Financial Services). Over the past 10 years, COST returned 21.10%/yr vs 21.80%/yr for JPM. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
COST vs. JPM - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with COST having a 10.87% return and JPM slightly lower at 10.73%. Both investments have delivered pretty close results over the past 10 years, with COST having a 21.10% annualized return and JPM not far ahead at 21.80%.
COST
- 1D
- -0.24%
- 1M
- 3.11%
- 6M
- 1.55%
- YTD
- 10.87%
- 1Y
- 2.04%
- 3Y*
- 21.34%
- 5Y*
- 18.51%
- 10Y*
- 21.10%
- ALL TIME*
- 16.98%
JPM
- 1D
- 0.27%
- 1M
- 5.78%
- 6M
- 16.11%
- YTD
- 10.73%
- 1Y
- 21.02%
- 3Y*
- 33.72%
- 5Y*
- 21.31%
- 10Y*
- 21.80%
- ALL TIME*
- 12.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.83B | $2.11B | $2.34B | |
| $2.69B | $3.19B | $3.04B |
COST vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COST Costco Wholesale Corporation | 10.87% | -5.39% | 39.62% | 49.00% | -19.05% | 51.82% | 32.67% | 45.70% | 10.60% | 22.37% |
JPM JPMorgan Chase & Co. | 10.73% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
Correlation
The correlation between COST and JPM is -0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 1993 | 0.32 |
The correlation between COST and JPM shifts across timeframes, from -0.09 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
Fundamentals
COST:
$422.14B
JPM:
$942.62B
COST:
$26.51
JPM:
$23.29
COST:
35.91
JPM:
15.10
COST:
2.81
JPM:
1.67
COST:
1.08
JPM:
3.30
COST:
$293.59B
JPM:
$297.63B
COST:
$11.12B
JPM:
$186.33B
COST:
$12.48B
JPM:
$90.84B
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Return for Risk
COST vs. JPM — Risk / Return Rank
COST
JPM
COST vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Costco Wholesale Corporation (COST) 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.
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.
| COST | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.17 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 1.36 | -1.24 |
| Martin ratioReturn relative to average drawdown | 0.26 | 3.24 | -2.98 |
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Drawdowns
COST vs. JPM - Drawdown Comparison
The maximum COST drawdown since its inception was -53.39%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for COST and JPM.
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Drawdown Indicators
| COST | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.39% | -76.16% | +22.77% |
Max Drawdown (1Y)Largest decline over 1 year | -16.57% | -15.47% | -1.10% |
Max Drawdown (3Y)Largest decline over 3 years | -20.74% | -24.42% | +3.68% |
Max Drawdown (5Y)Largest decline over 5 years | -31.40% | -38.77% | +7.37% |
Max Drawdown (10Y)Largest decline over 10 years | -31.40% | -43.63% | +12.23% |
Current DrawdownCurrent decline from peak | -12.88% | -1.54% | -11.34% |
Average DrawdownAverage peak-to-trough decline | -13.36% | -17.56% | +4.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.81% | 6.51% | +1.30% |
Volatility
COST vs. JPM - Volatility Comparison
Costco Wholesale Corporation (COST) has a higher volatility of 7.34% compared to JPMorgan Chase & Co. (JPM) at 6.60%. This indicates that COST's price experiences larger fluctuations and is considered to be riskier 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
| COST | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.34% | 6.60% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 15.13% | 16.70% | -1.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.96% | 22.50% | -2.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.93% | 24.46% | -1.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.03% | 27.33% | -5.30% |
Dividends
COST vs. JPM - Dividend Comparison
COST's dividend yield for the trailing twelve months is around 0.72%, less than JPM's 1.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COST Costco Wholesale Corporation | 0.72% | 0.59% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% |
JPM JPMorgan Chase & Co. | 1.71% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
Financials
COST vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between Costco Wholesale Corporation and JPMorgan Chase & Co.. 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
COST vs. JPM - Profitability Comparison
COST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Costco Wholesale Corporation reported a gross profit of -17.68B and revenue of 70.53B. Therefore, the gross margin over that period was -25.1%.
JPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, JPMorgan Chase & Co. reported a gross profit of 54.83B and revenue of 82.46B. Therefore, the gross margin over that period was 66.5%.
COST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Costco Wholesale Corporation reported an operating income of 2.82B and revenue of 70.53B, resulting in an operating margin of 4.0%.
JPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, JPMorgan Chase & Co. reported an operating income of 27.52B and revenue of 82.46B, resulting in an operating margin of 33.4%.
COST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Costco Wholesale Corporation reported a net income of 2.19B and revenue of 70.53B, resulting in a net margin of 3.1%.
JPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, JPMorgan Chase & Co. reported a net income of 21.16B and revenue of 82.46B, resulting in a net margin of 25.7%.
Frequently Asked Questions
COST and JPM have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COST has higher volatility (7.34%) compared to JPM (6.60%). In terms of maximum drawdown, COST dropped -53.39% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (0.94 vs 0.10), 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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