JNJ vs. PG
JNJ (Johnson & Johnson) and PG (The Procter & Gamble Company) are both stocks. JNJ operates in Drug Manufacturers - General (Healthcare), while PG operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, JNJ returned 10.61%/yr vs 9.27%/yr for PG. At a 0.42 correlation, their price movements are largely independent.
Performance
JNJ vs. PG - Performance Comparison
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Returns By Period
In the year-to-date period, JNJ achieves a 17.75% return, which is significantly higher than PG's 7.65% return. Over the past 10 years, JNJ has outperformed PG with an annualized return of 10.61%, while PG has yielded a comparatively lower 9.27% annualized return.
JNJ
- 1D
- 0.80%
- 1M
- 3.43%
- YTD
- 17.75%
- 6M
- 17.28%
- 1Y
- 62.31%
- 3Y*
- 16.71%
- 5Y*
- 11.06%
- 10Y*
- 10.61%
PG
- 1D
- 0.78%
- 1M
- 5.26%
- YTD
- 7.65%
- 6M
- 6.77%
- 1Y
- -2.46%
- 3Y*
- 3.45%
- 5Y*
- 5.06%
- 10Y*
- 9.27%
JNJ vs. PG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 17.75% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
PG The Procter & Gamble Company | 7.65% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
Correlation
The correlation between JNJ and PG is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1970 | 0.42 |
Fundamentals
JNJ:
$589.29B
PG:
$367.40B
JNJ:
$8.65
PG:
$5.23
JNJ:
27.87
PG:
29.09
JNJ:
0.93
PG:
7.11
JNJ:
6.08
PG:
4.27
JNJ:
7.26
PG:
6.81
JNJ:
$96.36B
PG:
$86.72B
JNJ:
$66.60B
PG:
$43.64B
JNJ:
$31.62B
PG:
$22.63B
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Return for Risk
JNJ vs. PG — Risk / Return Rank
JNJ
PG
JNJ vs. PG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) and The Procter & Gamble Company (PG). 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 | PG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.73 | ||
| Sortino ratioReturn per unit of downside risk | +5.18 | ||
| Omega ratioGain probability vs. loss probability | 1.65 | 0.99 | +0.65 |
| Calmar ratioReturn relative to maximum drawdown | 5.71 | -0.16 | +5.87 |
| Martin ratioReturn relative to average drawdown | 16.62 | -0.29 | +16.91 |
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Drawdowns
JNJ vs. PG - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, smaller than the maximum PG drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for JNJ and PG.
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Drawdown Indicators
| JNJ | PG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -54.25% | +3.58% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -15.52% | +4.56% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | -21.15% | +5.20% |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | -23.77% | +5.36% |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | -23.77% | -3.60% |
Current DrawdownCurrent decline from peak | -2.48% | -11.88% | +9.40% |
Average DrawdownAverage peak-to-trough decline | -11.90% | -12.16% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.76% | 8.50% | -4.74% |
Volatility
JNJ vs. PG - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ) is 7.01%, while The Procter & Gamble Company (PG) has a volatility of 7.62%. This indicates that JNJ experiences smaller price fluctuations and is considered to be less risky than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JNJ | PG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.01% | 7.62% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 12.66% | 15.04% | -2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.39% | 18.89% | -1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.99% | 17.87% | -0.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.54% | 19.07% | -0.53% |
Dividends
JNJ vs. PG - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.17%, less than PG's 2.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 2.17% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
PG The Procter & Gamble Company | 2.80% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
JNJ vs. PG - Financials Comparison
This section allows you to compare key financial metrics between Johnson & Johnson and The Procter & Gamble Company. 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
JNJ vs. PG - Profitability Comparison
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
Frequently Asked Questions
JNJ and PG have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PG has higher volatility (7.62%) compared to JNJ (7.01%). In terms of maximum drawdown, JNJ dropped -50.67% vs PG's -54.25%.
JNJ currently has the higher Sharpe Ratio (3.60 vs -0.13), 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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