JNJ vs. BJ

Last updated Jul 21, 2026

JNJ (Johnson & Johnson) and BJ (BJ's Wholesale Club Holdings, Inc.) are both stocks. JNJ operates in Drug Manufacturers - General (Healthcare), while BJ operates in Discount Stores (Consumer Defensive). Over the past 5 years, JNJ returned 11.06%/yr vs 13.50%/yr for BJ. At a 0.19 correlation, their price movements are largely independent.

Performance

JNJ vs. BJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Johnson & Johnson (JNJ) and BJ's Wholesale Club Holdings, Inc. (BJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JNJ achieves a 21.57% return, which is significantly higher than BJ's 4.31% return.

JNJ

• 1D: -1.67%
• 1M: 8.95%
• 6M: 15.06%
• YTD: 21.57%
• 1Y: 55.80%
• 3Y*: 16.86%
• 5Y*: 11.06%
• 10Y*: 10.10%
• ALL TIME*: 12.23%

BJ

• 1D: 0.55%
• 1M: 10.20%
• 6M: 0.55%
• YTD: 4.31%
• 1Y: -10.31%
• 3Y*: 12.99%
• 5Y*: 13.50%
• 10Y*: —
• ALL TIME*: 20.24%

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

JNJ vs. BJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JNJ Johnson & Johnson	21.57%	47.48%	-4.81%	-8.58%	5.97%	11.44%	10.82%	16.22%	7.51%
BJ BJ's Wholesale Club Holdings, Inc.	4.31%	0.76%	34.04%	0.76%	-1.21%	79.64%	63.94%	2.62%	4.28%

Correlation

The correlation between JNJ and BJ 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	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since Jun 28, 2018	0.19

Fundamentals

Market Cap JNJ : $598.96B BJ : $11.99B
EPS JNJ : $8.63 BJ : $4.35
PE Ratio JNJ : 28.83 BJ : 21.57
PEG Ratio JNJ : 0.96 BJ : 2.39
PS Ratio JNJ : 6.29 BJ : 0.56
PB Ratio JNJ : 7.49 BJ : 4.84
Total Revenue (TTM) JNJ : $96.36B BJ : $21.97B
Gross Profit (TTM) JNJ : $66.60B BJ : $4.06B
EBITDA (TTM) JNJ : $31.62B BJ : $1.05B

Return for Risk

JNJ vs. BJ — Risk / Return Rank

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

JNJ

JNJ Risk / Return Rank: 96
JNJ Sharpe Ratio Rank: 97
JNJ Sortino Ratio Rank: 98
JNJ Omega Ratio Rank: 96
JNJ Calmar Ratio Rank: 95
JNJ Martin Ratio Rank: 95

BJ

BJ Risk / Return Rank: 29
BJ Sharpe Ratio Rank: 30
BJ Sortino Ratio Rank: 27
BJ Omega Ratio Rank: 28
BJ Calmar Ratio Rank: 30
BJ Martin Ratio Rank: 32

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.

JNJ vs. BJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) and BJ's Wholesale Club Holdings, Inc. (BJ). 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.

	JNJ	BJ	Difference
Sharpe ratio: Return per unit of total volatility	3.11	-0.35	+3.45
Sortino ratio: Return per unit of downside risk	4.29	-0.29	+4.59
Omega ratio: Gain probability vs. loss probability	1.53	0.97	+0.56
Calmar ratio: Return relative to maximum drawdown	5.12	-0.44	+5.55
Martin ratio: Return relative to average drawdown	14.40	-0.70	+15.10

JNJ vs. BJ - Sharpe Ratio Comparison

The current JNJ Sharpe Ratio is 3.11, which is higher than the BJ Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of JNJ and BJ, 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

JNJ vs. BJ - Drawdown Comparison

The maximum JNJ drawdown since its inception was -50.67%, which is greater than BJ's maximum drawdown of -38.76%. Use the drawdown chart below to compare losses from any high point for JNJ and BJ.

Drawdown Indicators

	JNJ	BJ	Difference
Max Drawdown Largest peak-to-trough decline	-50.67%	-38.76%	-11.91%
Max Drawdown (1Y) Largest decline over 1 year	-10.96%	-23.79%	+12.83%
Max Drawdown (3Y) Largest decline over 3 years	-15.95%	-30.12%	+14.17%
Max Drawdown (5Y) Largest decline over 5 years	-18.41%	-30.12%	+11.71%
Max Drawdown (10Y) Largest decline over 10 years	-27.37%	—	—
Current Drawdown Current decline from peak	-6.89%	-21.70%	+14.81%
Average Drawdown Average peak-to-trough decline	-11.88%	-12.65%	+0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.89%	14.69%	-10.80%

Volatility

JNJ vs. BJ - Volatility Comparison

Johnson & Johnson (JNJ) has a higher volatility of 9.47% compared to BJ's Wholesale Club Holdings, Inc. (BJ) at 8.49%. This indicates that JNJ's price experiences larger fluctuations and is considered to be riskier than BJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JNJ	BJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.47%	8.49%	+0.98%
Volatility (6M) Calculated over the trailing 6-month period	14.38%	22.69%	-8.31%
Volatility (1Y) Calculated over the trailing 1-year period	18.08%	29.93%	-11.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	32.42%	-15.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.70%	37.06%	-18.36%

Dividends

JNJ vs. BJ - Dividend Comparison

JNJ's dividend yield for the trailing twelve months is around 2.11%, while BJ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BJ BJ's Wholesale Club Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JNJ Johnson & Johnson	2.11%	2.48%	3.40%	3.00%	2.52%	2.45%	2.53%	2.57%	2.74%	2.38%	2.73%	2.87%

Financials

JNJ vs. BJ - Profitability Comparison

The chart below illustrates the profitability comparison between Johnson & Johnson and BJ's Wholesale Club Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Portfolio components

JNJ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.

BJ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, BJ's Wholesale Club Holdings, Inc. reported a gross profit of 1.03B and revenue of 5.66B. Therefore, the gross margin over that period was 18.2%.

JNJ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.

BJ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, BJ's Wholesale Club Holdings, Inc. reported an operating income of 207.91M and revenue of 5.66B, resulting in an operating margin of 3.7%.

JNJ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.

BJ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, BJ's Wholesale Club Holdings, Inc. reported a net income of 142.73M and revenue of 5.66B, resulting in a net margin of 2.5%.

Frequently Asked Questions

Can I hold both JNJ and BJ in my portfolio?

JNJ and BJ 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.

Which is riskier, JNJ or BJ?

JNJ has higher volatility (9.47%) compared to BJ (8.49%). In terms of maximum drawdown, JNJ dropped -50.67% vs BJ's -38.76%.

Which has better risk-adjusted returns?

JNJ currently has the higher Sharpe Ratio (3.11 vs -0.35), 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.