JEF vs. BX
JEF (Jefferies Financial Group Inc.) and BX (Blackstone Inc.) are both stocks. Both are in the Financial Services sector — JEF in Financial Conglomerates, BX in Asset Management. Over the past 10 years, JEF returned 17.89%/yr vs 21.22%/yr for BX. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
JEF vs. BX - Performance Comparison
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Returns By Period
In the year-to-date period, JEF achieves a -5.14% return, which is significantly higher than BX's -24.36% return. Over the past 10 years, JEF has underperformed BX with an annualized return of 17.89%, while BX has yielded a comparatively higher 21.22% annualized return.
JEF
- 1D
- 3.97%
- 1M
- 10.13%
- YTD
- -5.14%
- 6M
- -0.43%
- 1Y
- 13.73%
- 3Y*
- 25.68%
- 5Y*
- 17.11%
- 10Y*
- 17.89%
BX
- 1D
- -1.01%
- 1M
- -7.74%
- YTD
- -24.36%
- 6M
- -22.98%
- 1Y
- -15.74%
- 3Y*
- 12.42%
- 5Y*
- 7.53%
- 10Y*
- 21.22%
JEF vs. BX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JEF Jefferies Financial Group Inc. | -5.14% | -18.78% | 98.84% | 27.74% | -8.46% | 61.95% | 19.00% | 44.18% | -33.15% | 15.42% |
BX Blackstone Inc. | -24.36% | -7.84% | 35.07% | 82.75% | -40.01% | 107.11% | 19.78% | 96.33% | 0.10% | 27.34% |
Correlation
The correlation between JEF and BX is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2007 | 0.51 |
The correlation between JEF and BX shifts across timeframes, from 0.51 (10 years) to 0.62 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
JEF:
$4.87
BX:
$3.90
JEF:
11.90
BX:
29.25
JEF:
0.86
BX:
10.75
JEF:
0.77
BX:
5.96
JEF:
$11.22B
BX:
$14.99B
JEF:
$6.66B
BX:
$13.12B
JEF:
$1.12B
BX:
$7.37B
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Return for Risk
JEF vs. BX — Risk / Return Rank
JEF
BX
JEF vs. BX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Jefferies Financial Group Inc. (JEF) and Blackstone Inc. (BX). 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.
| JEF | BX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.95 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | -0.35 | +0.64 |
| Martin ratioReturn relative to average drawdown | 0.64 | -0.66 | +1.31 |
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
| JEF | BX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | -0.46 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.19 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.60 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.28 | +0.17 |
Drawdowns
JEF vs. BX - Drawdown Comparison
The maximum JEF drawdown since its inception was -80.74%, smaller than the maximum BX drawdown of -87.62%. Use the drawdown chart below to compare losses from any high point for JEF and BX.
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Drawdown Indicators
| JEF | BX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.74% | -87.62% | +6.88% |
Max Drawdown (1Y)Largest decline over 1 year | -48.05% | -44.76% | -3.29% |
Max Drawdown (3Y)Largest decline over 3 years | -54.39% | -46.50% | -7.89% |
Max Drawdown (5Y)Largest decline over 5 years | -54.39% | -49.29% | -5.10% |
Max Drawdown (10Y)Largest decline over 10 years | -54.39% | -49.29% | -5.10% |
Current DrawdownCurrent decline from peak | -26.11% | -39.62% | +13.51% |
Average DrawdownAverage peak-to-trough decline | -25.53% | -25.71% | +0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.39% | 23.82% | -2.43% |
Volatility
JEF vs. BX - Volatility Comparison
The current volatility for Jefferies Financial Group Inc. (JEF) is 8.05%, while Blackstone Inc. (BX) has a volatility of 11.60%. This indicates that JEF experiences smaller price fluctuations and is considered to be less risky than BX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEF | BX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.05% | 11.60% | -3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 30.53% | 28.02% | +2.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.68% | 34.59% | +6.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.94% | 39.34% | -3.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.01% | 35.76% | -0.75% |
Dividends
JEF vs. BX - Dividend Comparison
JEF's dividend yield for the trailing twelve months is around 2.76%, less than BX's 4.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BX Blackstone Inc. | 4.35% | 3.04% | 2.00% | 2.54% | 6.66% | 2.76% | 2.95% | 3.43% | 8.12% | 7.25% | 6.14% | 11.76% |
JEF Jefferies Financial Group Inc. | 2.76% | 2.58% | 1.66% | 2.97% | 3.50% | 2.32% | 2.44% | 8.07% | 2.59% | 1.23% | 1.08% | 1.44% |
Financials
JEF vs. BX - Financials Comparison
This section allows you to compare key financial metrics between Jefferies Financial Group Inc. and Blackstone Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
JEF vs. BX - Profitability Comparison
JEF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Jefferies Financial Group Inc. reported a gross profit of 1.68B and revenue of 2.87B. Therefore, the gross margin over that period was 58.5%.
BX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a gross profit of 4.04B and revenue of 4.10B. Therefore, the gross margin over that period was 98.5%.
JEF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Jefferies Financial Group Inc. reported an operating income of 0.00 and revenue of 2.87B, resulting in an operating margin of 0.0%.
BX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported an operating income of 1.59B and revenue of 4.10B, resulting in an operating margin of 38.8%.
JEF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Jefferies Financial Group Inc. reported a net income of 155.70M and revenue of 2.87B, resulting in a net margin of 5.4%.
BX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a net income of 649.73M and revenue of 4.10B, resulting in a net margin of 15.8%.
Frequently Asked Questions
JEF and BX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BX has higher volatility (11.60%) compared to JEF (8.05%). In terms of maximum drawdown, JEF dropped -80.74% vs BX's -87.62%.
JEF currently has the higher Sharpe Ratio (0.34 vs -0.46), 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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