IEF vs. JPM
IEF (iShares 7-10 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index, while JPM (JPMorgan Chase & Co.) is a stock. Over the past 10 years, IEF returned 0.53%/yr vs 20.32%/yr for JPM. At a correlation of -0.30, they often move in opposite directions.
Performance
IEF vs. JPM - Performance Comparison
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Returns By Period
In the year-to-date period, IEF achieves a -1.16% return, which is significantly higher than JPM's -2.52% return. Over the past 10 years, IEF has underperformed JPM with an annualized return of 0.53%, while JPM has yielded a comparatively higher 20.32% annualized return.
IEF
- 1D
- -0.11%
- 1M
- -1.19%
- YTD
- -1.16%
- 6M
- -0.96%
- 1Y
- 3.91%
- 3Y*
- 2.43%
- 5Y*
- -1.34%
- 10Y*
- 0.53%
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%
IEF vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IEF iShares 7-10 Year Treasury Bond ETF | -1.16% | 8.03% | -0.63% | 3.64% | -15.15% | -3.33% | 10.01% | 8.03% | 0.99% | 2.55% |
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 IEF and JPM is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.27 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2002 | -0.30 |
The correlation between IEF and JPM shifts across timeframes, from -0.30 (all time) to 0.06 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IEF vs. JPM — Risk / Return Rank
IEF
JPM
IEF vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 7-10 Year Treasury Bond ETF (IEF) 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.
| IEF | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.17 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 1.26 | -0.29 |
| Martin ratioReturn relative to average drawdown | 2.79 | 2.98 | -0.20 |
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
| IEF | JPM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 0.90 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.17 | 0.69 | -0.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.08 | 0.74 | -0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.34 | +0.16 |
Drawdowns
IEF vs. JPM - Drawdown Comparison
The maximum IEF drawdown since its inception was -23.93%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for IEF and JPM.
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Drawdown Indicators
| IEF | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.93% | -76.16% | +52.23% |
Max Drawdown (1Y)Largest decline over 1 year | -4.07% | -15.47% | +11.40% |
Max Drawdown (3Y)Largest decline over 3 years | -7.74% | -24.42% | +16.68% |
Max Drawdown (5Y)Largest decline over 5 years | -21.40% | -38.77% | +17.37% |
Max Drawdown (10Y)Largest decline over 10 years | -23.93% | -43.63% | +19.70% |
Current DrawdownCurrent decline from peak | -11.80% | -6.55% | -5.25% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -17.62% | +12.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.40% | 6.50% | -5.10% |
Volatility
IEF vs. JPM - Volatility Comparison
The current volatility for iShares 7-10 Year Treasury Bond ETF (IEF) is 1.51%, while JPMorgan Chase & Co. (JPM) has a volatility of 6.40%. This indicates that IEF 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.
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Volatility by Period
| IEF | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.51% | 6.40% | -4.89% |
Volatility (6M)Calculated over the trailing 6-month period | 3.36% | 17.38% | -14.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.69% | 21.62% | -16.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.71% | 24.45% | -16.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.63% | 27.40% | -20.77% |
Dividends
IEF vs. JPM - Dividend Comparison
IEF's dividend yield for the trailing twelve months is around 3.92%, more than JPM's 1.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEF iShares 7-10 Year Treasury Bond ETF | 3.92% | 3.77% | 3.62% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% |
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% |
Frequently Asked Questions
IEF and JPM have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JPM has higher volatility (6.40%) compared to IEF (1.51%). In terms of maximum drawdown, IEF dropped -23.93% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (0.90 vs 0.84), 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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