IAT vs. JPM
IAT (iShares U.S. Regional Banks ETF) is Financials Equities fund tracking the Dow Jones U.S. Select Regional Banks Index, while JPM (JPMorgan Chase & Co.) is a stock. Over the past 10 years, IAT returned 9.74%/yr vs 22.02%/yr for JPM. A 0.79 correlation means they provide meaningful diversification when combined.
Performance
IAT vs. JPM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IAT achieves a 11.98% return, which is significantly higher than JPM's 4.70% return. Over the past 10 years, IAT has underperformed JPM with an annualized return of 9.74%, while JPM has yielded a comparatively higher 22.02% annualized return.
IAT
- 1D
- 1.65%
- 1M
- 7.24%
- YTD
- 11.98%
- 6M
- 9.77%
- 1Y
- 31.31%
- 3Y*
- 27.52%
- 5Y*
- 4.34%
- 10Y*
- 9.74%
JPM
- 1D
- 0.80%
- 1M
- 9.06%
- YTD
- 4.70%
- 6M
- 3.51%
- 1Y
- 22.41%
- 3Y*
- 37.10%
- 5Y*
- 19.98%
- 10Y*
- 22.02%
IAT vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAT iShares U.S. Regional Banks ETF | 11.98% | 13.05% | 24.36% | -8.53% | -20.61% | 38.89% | -7.60% | 31.38% | -17.45% | 10.42% |
JPM JPMorgan Chase & Co. | 4.70% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
Correlation
The correlation between IAT and JPM is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since May 5, 2006 | 0.79 |
The correlation between IAT and JPM shifts across timeframes, from 0.63 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IAT vs. JPM — Risk / Return Rank
IAT
JPM
IAT vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Regional Banks ETF (IAT) 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.
| IAT | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.19 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 1.46 | +0.34 |
| Martin ratioReturn relative to average drawdown | 4.57 | 3.43 | +1.14 |
Loading charts...
Drawdowns
IAT vs. JPM - Drawdown Comparison
The maximum IAT drawdown since its inception was -77.22%, roughly equal to the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for IAT and JPM.
Loading charts...
Drawdown Indicators
| IAT | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.22% | -76.16% | -1.06% |
Max Drawdown (1Y)Largest decline over 1 year | -17.49% | -15.47% | -2.02% |
Max Drawdown (3Y)Largest decline over 3 years | -29.29% | -24.42% | -4.87% |
Max Drawdown (5Y)Largest decline over 5 years | -55.55% | -38.77% | -16.78% |
Max Drawdown (10Y)Largest decline over 10 years | -55.55% | -43.63% | -11.92% |
Current DrawdownCurrent decline from peak | -1.69% | 0.00% | -1.69% |
Average DrawdownAverage peak-to-trough decline | -26.91% | -17.61% | -9.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.87% | 6.55% | +0.32% |
Volatility
IAT vs. JPM - Volatility Comparison
The current volatility for iShares U.S. Regional Banks ETF (IAT) is 6.82%, while JPMorgan Chase & Co. (JPM) has a volatility of 7.34%. This indicates that IAT 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.
Loading charts...
Volatility by Period
| IAT | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.82% | 7.34% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 16.15% | 17.14% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.02% | 22.12% | -0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.96% | 24.47% | +4.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.73% | 27.35% | +3.38% |
Dividends
IAT vs. JPM - Dividend Comparison
IAT's dividend yield for the trailing twelve months is around 2.65%, more than JPM's 1.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAT iShares U.S. Regional Banks ETF | 2.65% | 2.94% | 2.95% | 3.56% | 3.12% | 1.88% | 2.87% | 2.49% | 2.48% | 1.55% | 1.52% | 1.78% |
JPM JPMorgan Chase & Co. | 1.77% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
Frequently Asked Questions
IAT and JPM have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JPM has higher volatility (7.34%) compared to IAT (6.82%). In terms of maximum drawdown, IAT dropped -77.22% vs JPM's -76.16%.
IAT currently has the higher Sharpe Ratio (1.43 vs 1.02), 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.
Find the right allocation for IAT and JPM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer