HPQ vs. JPM
HPQ (HP Inc.) and JPM (JPMorgan Chase & Co.) are both stocks. HPQ operates in Computer Hardware (Technology), while JPM operates in Banks - Diversified (Financial Services). Over the past 10 years, HPQ returned 10.15%/yr vs 20.32%/yr for JPM. At a 0.38 correlation, their price movements are largely independent.
Performance
HPQ vs. JPM - Performance Comparison
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Returns By Period
In the year-to-date period, HPQ achieves a 15.76% return, which is significantly higher than JPM's -2.52% return. Over the past 10 years, HPQ has underperformed JPM with an annualized return of 10.15%, while JPM has yielded a comparatively higher 20.32% annualized return.
HPQ
- 1D
- -0.78%
- 1M
- 11.90%
- YTD
- 15.76%
- 6M
- 4.10%
- 1Y
- 5.89%
- 3Y*
- -1.36%
- 5Y*
- 0.09%
- 10Y*
- 10.15%
JPM
- 1D
- -0.40%
- 1M
- 2.98%
- YTD
- -2.52%
- 6M
- -0.35%
- 1Y
- 19.35%
- 3Y*
- 33.18%
- 5Y*
- 16.72%
- 10Y*
- 20.32%
HPQ vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HPQ HP Inc. | 15.76% | -28.69% | 12.10% | 16.08% | -26.40% | 57.25% | 24.11% | 3.88% | -0.20% | 45.69% |
JPM JPMorgan Chase & Co. | -2.52% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
Correlation
The correlation between HPQ and JPM is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1983 | 0.38 |
Over the past year, the correlation between HPQ and JPM has dropped to 0.18 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.
Fundamentals
HPQ:
$23.48B
JPM:
$869.15B
HPQ:
$2.72
JPM:
$21.08
HPQ:
9.34
JPM:
14.76
HPQ:
0.42
JPM:
3.05
HPQ:
6.06
JPM:
2.53
HPQ:
$57.42B
JPM:
$285.09B
HPQ:
$11.61B
JPM:
$173.52B
HPQ:
$3.83B
JPM:
$81.46B
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Return for Risk
HPQ vs. JPM — Risk / Return Rank
HPQ
JPM
HPQ vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HP Inc. (HPQ) 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.
| HPQ | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.17 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 1.26 | -1.09 |
| Martin ratioReturn relative to average drawdown | 0.29 | 2.98 | -2.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HPQ | JPM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 0.90 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.69 | -0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.74 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.34 | -0.11 |
Drawdowns
HPQ vs. JPM - Drawdown Comparison
The maximum HPQ drawdown since its inception was -85.19%, which is greater than JPM's maximum drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for HPQ and JPM.
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Drawdown Indicators
| HPQ | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.19% | -76.16% | -9.03% |
Max Drawdown (1Y)Largest decline over 1 year | -36.62% | -15.47% | -21.15% |
Max Drawdown (3Y)Largest decline over 3 years | -51.23% | -24.42% | -26.81% |
Max Drawdown (5Y)Largest decline over 5 years | -51.23% | -38.77% | -12.46% |
Max Drawdown (10Y)Largest decline over 10 years | -51.23% | -43.63% | -7.60% |
Current DrawdownCurrent decline from peak | -30.89% | -6.55% | -24.34% |
Average DrawdownAverage peak-to-trough decline | -30.87% | -17.62% | -13.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.54% | 6.50% | +14.04% |
Volatility
HPQ vs. JPM - Volatility Comparison
HP Inc. (HPQ) has a higher volatility of 23.77% compared to JPMorgan Chase & Co. (JPM) at 6.40%. This indicates that HPQ'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
| HPQ | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.77% | 6.40% | +17.37% |
Volatility (6M)Calculated over the trailing 6-month period | 32.09% | 17.38% | +14.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.17% | 21.62% | +18.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.80% | 24.45% | +11.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.28% | 27.40% | +7.88% |
Dividends
HPQ vs. JPM - Dividend Comparison
HPQ's dividend yield for the trailing twelve months is around 4.64%, more than JPM's 1.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HPQ HP Inc. | 4.64% | 5.24% | 3.42% | 3.53% | 3.77% | 2.21% | 2.94% | 3.20% | 2.83% | 2.56% | 3.40% | 129.70% |
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% |
Financials
HPQ vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between HP Inc. 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
HPQ vs. JPM - Profitability Comparison
HPQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HP Inc. reported a gross profit of 3.02B and revenue of 14.41B. Therefore, the gross margin over that period was 20.9%.
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%.
HPQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HP Inc. reported an operating income of 612.00M and revenue of 14.41B, resulting in an operating margin of 4.3%.
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%.
HPQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HP Inc. reported a net income of 450.00M and revenue of 14.41B, 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 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
HPQ and JPM have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HPQ has higher volatility (23.77%) compared to JPM (6.40%). In terms of maximum drawdown, HPQ dropped -85.19% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (0.90 vs 0.15), 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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