HQY vs. JXN
HQY (HealthEquity, Inc.) and JXN (Jackson Financial Inc.) are both stocks. HQY operates in Health Information Services (Healthcare), while JXN operates in Asset Management (Financial Services). Over the past 3 years, HQY returned 14.18%/yr vs 63.49%/yr for JXN. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
HQY vs. JXN - Performance Comparison
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Returns By Period
In the year-to-date period, HQY achieves a 9.82% return, which is significantly lower than JXN's 20.34% return.
HQY
- 1D
- -0.38%
- 1M
- 5.56%
- 6M
- 17.44%
- YTD
- 9.82%
- 1Y
- 10.49%
- 3Y*
- 14.18%
- 5Y*
- 6.34%
- 10Y*
- 13.41%
- ALL TIME*
- 14.41%
JXN
- 1D
- 3.18%
- 1M
- 20.77%
- 6M
- 5.02%
- YTD
- 20.34%
- 1Y
- 55.19%
- 3Y*
- 63.49%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 45.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $67.39M | $73.41M | $83.43M | |
| $71.45M | $76.75M | $71.06M |
HQY vs. JXN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HQY HealthEquity, Inc. | 9.82% | -4.52% | 44.72% | 7.56% | 39.33% | -31.06% |
JXN Jackson Financial Inc. | 20.34% | 26.93% | 76.45% | 57.22% | -11.54% | 69.65% |
Correlation
The correlation between HQY and JXN is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Sep 1, 2021 | 0.29 |
Fundamentals
HQY:
$8.41B
JXN:
$8.80B
HQY:
$2.67
JXN:
$1.75
HQY:
37.72
JXN:
72.09
HQY:
0.27
JXN:
3.02
HQY:
6.51
JXN:
1.02
HQY:
$1.34B
JXN:
$6.51B
HQY:
$972.12M
JXN:
$5.48B
HQY:
$300.86M
JXN:
-$611.00M
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Return for Risk
HQY vs. JXN — Risk / Return Rank
HQY
JXN
HQY vs. JXN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HealthEquity, Inc. (HQY) and Jackson Financial Inc. (JXN). 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.
| HQY | JXN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.29 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 3.40 | -3.28 |
| Martin ratioReturn relative to average drawdown | 0.24 | 7.17 | -6.93 |
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Drawdowns
HQY vs. JXN - Drawdown Comparison
The maximum HQY drawdown since its inception was -60.65%, which is greater than JXN's maximum drawdown of -48.34%. Use the drawdown chart below to compare losses from any high point for HQY and JXN.
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Drawdown Indicators
| HQY | JXN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.65% | -48.34% | -12.31% |
Max Drawdown (1Y)Largest decline over 1 year | -30.57% | -16.31% | -14.26% |
Max Drawdown (3Y)Largest decline over 3 years | -36.07% | -37.09% | +1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -46.30% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -60.65% | — | — |
Current DrawdownCurrent decline from peak | -12.14% | 0.00% | -12.14% |
Average DrawdownAverage peak-to-trough decline | -22.95% | -14.83% | -8.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.71% | 7.72% | +7.99% |
Volatility
HQY vs. JXN - Volatility Comparison
The current volatility for HealthEquity, Inc. (HQY) is 9.47%, while Jackson Financial Inc. (JXN) has a volatility of 11.47%. This indicates that HQY experiences smaller price fluctuations and is considered to be less risky than JXN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HQY | JXN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.47% | 11.47% | -2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 25.37% | 25.21% | +0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.76% | 32.72% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.87% | 45.24% | -5.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.54% | 45.24% | -0.70% |
Dividends
HQY vs. JXN - Dividend Comparison
HQY has not paid dividends to shareholders, while JXN's dividend yield for the trailing twelve months is around 2.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
HQY HealthEquity, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JXN Jackson Financial Inc. | 2.69% | 3.00% | 3.22% | 4.84% | 6.32% | 1.20% |
Financials
HQY vs. JXN - Financials Comparison
This section allows you to compare key financial metrics between HealthEquity, Inc. and Jackson Financial Inc.. 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
Frequently Asked Questions
HQY and JXN have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JXN has higher volatility (11.47%) compared to HQY (9.47%). In terms of maximum drawdown, HQY dropped -60.65% vs JXN's -48.34%.
JXN currently has the higher Sharpe Ratio (1.70 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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