JAZZ vs. SHV
JAZZ (Jazz Pharmaceuticals plc) is a stock, while SHV (iShares 0-1 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE Short US Treasury Securities Index. Over the past 10 years, JAZZ returned 4.22%/yr vs 2.23%/yr for SHV. At a correlation of -0.06, they often move in opposite directions.
Performance
JAZZ vs. SHV - Performance Comparison
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Returns By Period
In the year-to-date period, JAZZ achieves a 35.84% return, which is significantly higher than SHV's 1.42% return. Over the past 10 years, JAZZ has outperformed SHV with an annualized return of 4.22%, while SHV has yielded a comparatively lower 2.23% annualized return.
JAZZ
- 1D
- 2.13%
- 1M
- 10.99%
- YTD
- 35.84%
- 6M
- 38.20%
- 1Y
- 109.33%
- 3Y*
- 21.63%
- 5Y*
- 5.88%
- 10Y*
- 4.22%
SHV
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.42%
- 6M
- 1.75%
- 1Y
- 3.90%
- 3Y*
- 4.64%
- 5Y*
- 3.31%
- 10Y*
- 2.23%
JAZZ vs. SHV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAZZ Jazz Pharmaceuticals plc | 35.84% | 38.04% | 0.12% | -22.79% | 25.05% | -22.81% | 10.56% | 20.43% | -7.94% | 23.50% |
SHV iShares 0-1 Year Treasury Bond ETF | 1.42% | 4.21% | 5.12% | 5.04% | 0.94% | -0.10% | 0.81% | 2.36% | 1.72% | 0.67% |
Correlation
The correlation between JAZZ and SHV is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2007 | -0.06 |
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Return for Risk
JAZZ vs. SHV — Risk / Return Rank
JAZZ
SHV
JAZZ vs. SHV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Jazz Pharmaceuticals plc (JAZZ) and iShares 0-1 Year Treasury Bond ETF (SHV). 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.
| JAZZ | SHV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -16.51 | ||
| Sortino ratioReturn per unit of downside risk | -145.00 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 53.77 | -52.19 |
| Calmar ratioReturn relative to maximum drawdown | 9.63 | 431.38 | -421.75 |
| Martin ratioReturn relative to average drawdown | 23.75 | 2,419.80 | -2,396.05 |
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
| JAZZ | SHV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.98 | 19.49 | -16.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 11.56 | -11.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 8.09 | -7.96 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 4.50 | -4.31 |
Drawdowns
JAZZ vs. SHV - Drawdown Comparison
The maximum JAZZ drawdown since its inception was -96.90%, which is greater than SHV's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for JAZZ and SHV.
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Drawdown Indicators
| JAZZ | SHV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.90% | -0.45% | -96.45% |
Max Drawdown (1Y)Largest decline over 1 year | -11.42% | -0.01% | -11.41% |
Max Drawdown (3Y)Largest decline over 3 years | -32.71% | -0.03% | -32.68% |
Max Drawdown (5Y)Largest decline over 5 years | -47.55% | -0.40% | -47.15% |
Max Drawdown (10Y)Largest decline over 10 years | -52.10% | -0.45% | -51.65% |
Current DrawdownCurrent decline from peak | -3.71% | 0.00% | -3.71% |
Average DrawdownAverage peak-to-trough decline | -27.42% | -0.03% | -27.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.62% | 0.00% | +4.62% |
Volatility
JAZZ vs. SHV - Volatility Comparison
Jazz Pharmaceuticals plc (JAZZ) has a higher volatility of 9.90% compared to iShares 0-1 Year Treasury Bond ETF (SHV) at 0.05%. This indicates that JAZZ's price experiences larger fluctuations and is considered to be riskier than SHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JAZZ | SHV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.90% | 0.05% | +9.85% |
Volatility (6M)Calculated over the trailing 6-month period | 23.47% | 0.12% | +23.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.89% | 0.20% | +36.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.75% | 0.29% | +31.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.77% | 0.28% | +32.49% |
Dividends
JAZZ vs. SHV - Dividend Comparison
JAZZ has not paid dividends to shareholders, while SHV's dividend yield for the trailing twelve months is around 3.83%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAZZ Jazz Pharmaceuticals plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHV iShares 0-1 Year Treasury Bond ETF | 3.83% | 4.09% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% |
Frequently Asked Questions
JAZZ and SHV have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JAZZ has higher volatility (9.90%) compared to SHV (0.05%). In terms of maximum drawdown, JAZZ dropped -96.90% vs SHV's -0.45%.
SHV currently has the higher Sharpe Ratio (19.49 vs 2.98), 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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