IGV vs. JPM
IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while JPM (JPMorgan Chase & Co.) is a stock. Over the past 10 years, IGV returned 15.60%/yr vs 21.27%/yr for JPM. At a 0.47 correlation, their price movements are largely independent.
Performance
IGV vs. JPM - Performance Comparison
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Returns By Period
In the year-to-date period, IGV achieves a -12.01% return, which is significantly lower than JPM's 6.66% return. Over the past 10 years, IGV has underperformed JPM with an annualized return of 15.60%, while JPM has yielded a comparatively higher 21.27% annualized return.
IGV
- 1D
- 0.19%
- 1M
- 4.37%
- 6M
- -5.40%
- YTD
- -12.01%
- 1Y
- -16.26%
- 3Y*
- 9.01%
- 5Y*
- 3.20%
- 10Y*
- 15.60%
- ALL TIME*
- 9.30%
JPM
- 1D
- -0.65%
- 1M
- 4.67%
- 6M
- 9.49%
- YTD
- 6.66%
- 1Y
- 18.57%
- 3Y*
- 32.69%
- 5Y*
- 20.23%
- 10Y*
- 21.27%
- ALL TIME*
- 12.35%
IGV vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | -12.01% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
JPM JPMorgan Chase & Co. | 6.66% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
Correlation
The correlation between IGV and JPM is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.47 |
Over the past year, the correlation between IGV and JPM has dropped to 0.15 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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Return for Risk
IGV vs. JPM — Risk / Return Rank
IGV
JPM
IGV vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ETF (IGV) 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.
| IGV | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -1.90 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.16 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 1.21 | -1.65 |
| Martin ratioReturn relative to average drawdown | -0.86 | 2.85 | -3.71 |
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Drawdowns
IGV vs. JPM - Drawdown Comparison
The maximum IGV drawdown since its inception was -63.45%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for IGV and JPM.
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Drawdown Indicators
| IGV | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -76.16% | +12.71% |
Max Drawdown (1Y)Largest decline over 1 year | -36.61% | -15.47% | -21.14% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -24.42% | -12.19% |
Max Drawdown (5Y)Largest decline over 5 years | -45.85% | -38.77% | -7.08% |
Max Drawdown (10Y)Largest decline over 10 years | -45.85% | -43.63% | -2.22% |
Current DrawdownCurrent decline from peak | -21.05% | -2.32% | -18.73% |
Average DrawdownAverage peak-to-trough decline | -14.48% | -17.58% | +3.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.89% | 6.53% | +12.36% |
Volatility
IGV vs. JPM - Volatility Comparison
iShares Expanded Tech-Software Sector ETF (IGV) has a higher volatility of 7.17% compared to JPMorgan Chase & Co. (JPM) at 6.42%. This indicates that IGV'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
| IGV | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 6.42% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 25.18% | 16.66% | +8.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.69% | 22.17% | +6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.08% | 24.41% | +3.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.41% | 27.31% | -0.90% |
Dividends
IGV vs. JPM - Dividend Comparison
IGV's dividend yield for the trailing twelve months is around 0.02%, less than JPM's 1.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
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
IGV and JPM have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGV has higher volatility (7.17%) compared to JPM (6.42%). In terms of maximum drawdown, IGV dropped -63.45% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (0.84 vs -0.57), 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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