JBHT vs. VIIIX

Last updated Jun 23, 2026

JBHT (J.B. Hunt Transport Services, Inc.) is a stock, while VIIIX (Vanguard Institutional Index Fund Institutional Plus Shares) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, JBHT returned 14.38%/yr vs 15.65%/yr for VIIIX. A 0.50 correlation means they provide meaningful diversification when combined.

Performance

JBHT vs. VIIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in J.B. Hunt Transport Services, Inc. (JBHT) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JBHT achieves a 41.27% return, which is significantly higher than VIIIX's 10.19% return. Over the past 10 years, JBHT has underperformed VIIIX with an annualized return of 14.38%, while VIIIX has yielded a comparatively higher 15.65% annualized return.

JBHT

• 1D: 0.83%
• 1M: 5.68%
• YTD: 41.27%
• 6M: 37.56%
• 1Y: 97.75%
• 3Y*: 17.14%
• 5Y*: 12.46%
• 10Y*: 14.38%

VIIIX

• 1D: 1.09%
• 1M: 0.47%
• YTD: 10.19%
• 6M: 9.68%
• 1Y: 27.18%
• 3Y*: 21.39%
• 5Y*: 14.24%
• 10Y*: 15.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JBHT vs. VIIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JBHT J.B. Hunt Transport Services, Inc.	41.27%	15.20%	-13.75%	15.59%	-13.92%	50.64%	18.11%	26.77%	-18.41%	19.60%
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares	10.19%	17.87%	26.29%	25.79%	-18.14%	28.69%	18.41%	31.48%	-4.41%	21.82%

Correlation

The correlation between JBHT and VIIIX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jul 7, 1997	0.50

The correlation between JBHT and VIIIX shifts across timeframes, from 0.34 (1 year) to 0.52 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

JBHT vs. VIIIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JBHT

JBHT Risk / Return Rank: 94
JBHT Sharpe Ratio Rank: 93
JBHT Sortino Ratio Rank: 94
JBHT Omega Ratio Rank: 92
JBHT Calmar Ratio Rank: 94
JBHT Martin Ratio Rank: 94

VIIIX

VIIIX Risk / Return Rank: 66
VIIIX Sharpe Ratio Rank: 64
VIIIX Sortino Ratio Rank: 59
VIIIX Omega Ratio Rank: 61
VIIIX Calmar Ratio Rank: 68
VIIIX Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JBHT vs. VIIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for J.B. Hunt Transport Services, Inc. (JBHT) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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.

	JBHT	VIIIX	Difference
Sharpe ratio: Return per unit of total volatility	2.58	2.17	+0.41
Sortino ratio: Return per unit of downside risk	3.84	2.93	+0.91
Omega ratio: Gain probability vs. loss probability	1.46	1.39	+0.07
Calmar ratio: Return relative to maximum drawdown	6.19	3.04	+3.15
Martin ratio: Return relative to average drawdown	16.17	13.74	+2.42

JBHT vs. VIIIX - Sharpe Ratio Comparison

The current JBHT Sharpe Ratio is 2.58, which is comparable to the VIIIX Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of JBHT and VIIIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JBHT vs. VIIIX - Drawdown Comparison

The maximum JBHT drawdown since its inception was -71.55%, which is greater than VIIIX's maximum drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for JBHT and VIIIX.

Drawdown Indicators

	JBHT	VIIIX	Difference
Max Drawdown Largest peak-to-trough decline	-71.55%	-55.18%	-16.37%
Max Drawdown (1Y) Largest decline over 1 year	-15.87%	-8.90%	-6.97%
Max Drawdown (3Y) Largest decline over 3 years	-42.41%	-18.75%	-23.66%
Max Drawdown (5Y) Largest decline over 5 years	-42.41%	-24.50%	-17.91%
Max Drawdown (10Y) Largest decline over 10 years	-42.41%	-33.79%	-8.62%
Current Drawdown Current decline from peak	-5.49%	-1.36%	-4.13%
Average Drawdown Average peak-to-trough decline	-18.54%	-10.00%	-8.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.07%	1.96%	+4.11%

Volatility

JBHT vs. VIIIX - Volatility Comparison

J.B. Hunt Transport Services, Inc. (JBHT) has a higher volatility of 8.52% compared to Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) at 4.77%. This indicates that JBHT's price experiences larger fluctuations and is considered to be riskier than VIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JBHT	VIIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.52%	4.77%	+3.75%
Volatility (6M) Calculated over the trailing 6-month period	23.11%	9.91%	+13.20%
Volatility (1Y) Calculated over the trailing 1-year period	38.16%	12.47%	+25.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.09%	16.99%	+15.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.94%	18.10%	+11.84%

Dividends

JBHT vs. VIIIX - Dividend Comparison

JBHT's dividend yield for the trailing twelve months is around 0.65%, less than VIIIX's 2.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JBHT J.B. Hunt Transport Services, Inc.	0.65%	0.91%	1.01%	0.84%	0.92%	0.58%	0.79%	0.89%	1.03%	0.80%	0.91%	1.15%
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares	2.44%	2.11%	3.66%	2.66%	3.39%	4.79%	3.07%	2.86%	2.45%	1.84%	2.38%	2.47%

Frequently Asked Questions

Can I hold both JBHT and VIIIX in my portfolio?

JBHT and VIIIX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JBHT or VIIIX?

JBHT has higher volatility (8.52%) compared to VIIIX (4.77%). In terms of maximum drawdown, JBHT dropped -71.55% vs VIIIX's -55.18%.

Which has better risk-adjusted returns?

JBHT currently has the higher Sharpe Ratio (2.58 vs 2.17), 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.