JNJ vs. SHW
JNJ (Johnson & Johnson) and SHW (The Sherwin-Williams Company) are both stocks. JNJ operates in Drug Manufacturers - General (Healthcare), while SHW operates in Specialty Chemicals (Basic Materials). Over the past 10 years, JNJ returned 10.46%/yr vs 13.58%/yr for SHW. At a 0.29 correlation, their price movements are largely independent.
Performance
JNJ vs. SHW - 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 SHW's -1.61% return. Over the past 10 years, JNJ has underperformed SHW with an annualized return of 10.46%, while SHW has yielded a comparatively higher 13.58% annualized 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%
SHW
- 1D
- 0.13%
- 1M
- 3.85%
- YTD
- -1.61%
- 6M
- -3.00%
- 1Y
- -10.09%
- 3Y*
- 9.64%
- 5Y*
- 3.70%
- 10Y*
- 13.58%
JNJ vs. SHW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 17.68% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
SHW The Sherwin-Williams Company | -1.61% | -3.83% | 9.90% | 32.73% | -31.96% | 44.90% | 27.05% | 49.70% | -3.23% | 54.11% |
Correlation
The correlation between JNJ and SHW is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.29 |
Fundamentals
JNJ:
$588.98B
SHW:
$78.72B
JNJ:
$8.65
SHW:
$10.42
JNJ:
27.85
SHW:
30.45
JNJ:
0.93
SHW:
2.96
JNJ:
6.08
SHW:
3.31
JNJ:
7.25
SHW:
17.77
JNJ:
$96.36B
SHW:
$23.94B
JNJ:
$66.60B
SHW:
$11.76B
JNJ:
$31.62B
SHW:
$4.29B
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Return for Risk
JNJ vs. SHW — Risk / Return Rank
JNJ
SHW
JNJ vs. SHW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) and The Sherwin-Williams Company (SHW). 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 | SHW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.82 | ||
| Sortino ratioReturn per unit of downside risk | +5.38 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 0.95 | +0.66 |
| Calmar ratioReturn relative to maximum drawdown | 5.28 | -0.47 | +5.76 |
| Martin ratioReturn relative to average drawdown | 15.52 | -0.99 | +16.51 |
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Drawdowns
JNJ vs. SHW - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, roughly equal to the maximum SHW drawdown of -52.02%. Use the drawdown chart below to compare losses from any high point for JNJ and SHW.
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Drawdown Indicators
| JNJ | SHW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -52.02% | +1.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -21.36% | +10.40% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | -25.69% | +9.74% |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | -42.46% | +24.05% |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | -42.46% | +15.09% |
Current DrawdownCurrent decline from peak | -2.54% | -19.53% | +16.99% |
Average DrawdownAverage peak-to-trough decline | -11.90% | -11.63% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 10.28% | -6.56% |
Volatility
JNJ vs. SHW - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ) is 5.47%, while The Sherwin-Williams Company (SHW) has a volatility of 9.00%. This indicates that JNJ experiences smaller price fluctuations and is considered to be less risky than SHW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JNJ | SHW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 9.00% | -3.53% |
Volatility (6M)Calculated over the trailing 6-month period | 12.16% | 19.26% | -7.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.94% | 25.46% | -8.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 26.27% | -9.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 26.58% | -8.10% |
Dividends
JNJ vs. SHW - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.18%, more than SHW's 1.00% 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% |
SHW The Sherwin-Williams Company | 1.00% | 0.98% | 0.84% | 0.78% | 1.01% | 0.62% | 0.73% | 0.77% | 0.87% | 0.83% | 1.25% | 1.03% |
Financials
JNJ vs. SHW - Financials Comparison
This section allows you to compare key financial metrics between Johnson & Johnson and The Sherwin-Williams 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. SHW - 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%.
SHW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a gross profit of 2.78B and revenue of 5.67B. Therefore, the gross margin over that period was 49.1%.
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%.
SHW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported an operating income of 810.90M and revenue of 5.67B, resulting in an operating margin of 14.3%.
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%.
SHW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a net income of 534.70M and revenue of 5.67B, resulting in a net margin of 9.4%.
Frequently Asked Questions
JNJ and SHW have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHW has higher volatility (9.00%) compared to JNJ (5.47%). In terms of maximum drawdown, JNJ dropped -50.67% vs SHW's -52.02%.
JNJ currently has the higher Sharpe Ratio (3.42 vs -0.40), 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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