JNJ vs. SHLD
JNJ (Johnson & Johnson) is a stock, while SHLD (Global X Defense Tech ETF) is Aerospace & Defense fund tracking the Global X Defense Tech Index. Over the past year, JNJ returned 57.60% vs 10.40% for SHLD. At a 0.07 correlation, their price movements are largely independent.
Performance
JNJ vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, JNJ achieves a 17.68% return, which is significantly higher than SHLD's -1.50% return.
JNJ
- 1D
- 1.07%
- 1M
- 5.14%
- YTD
- 17.68%
- 6M
- 15.11%
- 1Y
- 57.60%
- 3Y*
- 17.82%
- 5Y*
- 10.94%
- 10Y*
- 10.46%
SHLD
- 1D
- -2.04%
- 1M
- 0.05%
- YTD
- -1.50%
- 6M
- -1.03%
- 1Y
- 10.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JNJ vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JNJ Johnson & Johnson | 17.68% | 47.48% | -4.81% | -3.41% |
SHLD Global X Defense Tech ETF | -1.50% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between JNJ and SHLD is -0.00, 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 | -0.00 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023 | 0.07 |
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Return for Risk
JNJ vs. SHLD — Risk / Return Rank
JNJ
SHLD
JNJ vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) and Global X Defense Tech ETF (SHLD). 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 | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.99 | ||
| Sortino ratioReturn per unit of downside risk | +4.16 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.09 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 5.28 | 0.52 | +4.76 |
| Martin ratioReturn relative to average drawdown | 15.52 | 1.28 | +14.24 |
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Drawdowns
JNJ vs. SHLD - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for JNJ and SHLD.
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Drawdown Indicators
| JNJ | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -20.10% | -30.57% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -20.10% | +9.14% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | — | — |
Current DrawdownCurrent decline from peak | -2.54% | -18.20% | +15.66% |
Average DrawdownAverage peak-to-trough decline | -11.90% | -3.34% | -8.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 8.12% | -4.40% |
Volatility
JNJ vs. SHLD - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ) is 5.47%, while Global X Defense Tech ETF (SHLD) has a volatility of 9.05%. This indicates that JNJ experiences smaller price fluctuations and is considered to be less risky than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JNJ | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 9.05% | -3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 12.16% | 19.94% | -7.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.94% | 24.55% | -7.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 21.29% | -4.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 21.29% | -2.81% |
Dividends
JNJ vs. SHLD - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.18%, more than SHLD's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 2.18% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
SHLD Global X Defense Tech ETF | 0.56% | 0.55% | 0.53% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JNJ and SHLD have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHLD has higher volatility (9.05%) compared to JNJ (5.47%). In terms of maximum drawdown, JNJ dropped -50.67% vs SHLD's -20.10%.
JNJ currently has the higher Sharpe Ratio (3.42 vs 0.43), 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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