JPM vs. COST
JPM (JPMorgan Chase & Co.) and COST (Costco Wholesale Corporation) are both stocks. JPM operates in Banks - Diversified (Financial Services), while COST operates in Discount Stores (Consumer Defensive). Over the past 10 years, JPM returned 21.80%/yr vs 21.10%/yr for COST. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
JPM vs. COST - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with JPM having a 10.73% return and COST slightly higher at 10.87%. Both investments have delivered pretty close results over the past 10 years, with JPM having a 21.80% annualized return and COST not far behind at 21.10%.
JPM
- 1D
- 0.27%
- 1M
- 5.78%
- 6M
- 16.11%
- YTD
- 10.73%
- 1Y
- 21.02%
- 3Y*
- 33.72%
- 5Y*
- 21.31%
- 10Y*
- 21.80%
- ALL TIME*
- 12.44%
COST
- 1D
- -0.24%
- 1M
- 3.11%
- 6M
- 1.55%
- YTD
- 10.87%
- 1Y
- 2.04%
- 3Y*
- 21.34%
- 5Y*
- 18.51%
- 10Y*
- 21.10%
- ALL TIME*
- 16.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.83B | $2.11B | $2.34B | |
| $2.69B | $3.19B | $3.04B |
JPM vs. COST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 10.73% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
COST Costco Wholesale Corporation | 10.87% | -5.39% | 39.62% | 49.00% | -19.05% | 51.82% | 32.67% | 45.70% | 10.60% | 22.37% |
Correlation
The correlation between JPM and COST is -0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 1993 | 0.32 |
The correlation between JPM and COST shifts across timeframes, from -0.09 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
Fundamentals
JPM:
$942.62B
COST:
$422.14B
JPM:
$23.29
COST:
$26.51
JPM:
15.10
COST:
35.91
JPM:
1.67
COST:
2.81
JPM:
3.30
COST:
1.08
JPM:
$297.63B
COST:
$293.59B
JPM:
$186.33B
COST:
$11.12B
JPM:
$90.84B
COST:
$12.48B
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Return for Risk
JPM vs. COST — Risk / Return Rank
JPM
COST
JPM vs. COST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and Costco Wholesale Corporation (COST). 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.
| JPM | COST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.03 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 0.12 | +1.24 |
| Martin ratioReturn relative to average drawdown | 3.24 | 0.26 | +2.98 |
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Drawdowns
JPM vs. COST - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, which is greater than COST's maximum drawdown of -53.39%. Use the drawdown chart below to compare losses from any high point for JPM and COST.
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Drawdown Indicators
| JPM | COST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -53.39% | -22.77% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -16.57% | +1.10% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -20.74% | -3.68% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -31.40% | -7.37% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -31.40% | -12.23% |
Current DrawdownCurrent decline from peak | -1.54% | -12.88% | +11.34% |
Average DrawdownAverage peak-to-trough decline | -17.56% | -13.36% | -4.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 7.81% | -1.30% |
Volatility
JPM vs. COST - Volatility Comparison
The current volatility for JPMorgan Chase & Co. (JPM) is 6.60%, while Costco Wholesale Corporation (COST) has a volatility of 7.34%. This indicates that JPM experiences smaller price fluctuations and is considered to be less risky than COST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | COST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.60% | 7.34% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 16.70% | 15.13% | +1.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.50% | 19.96% | +2.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.46% | 22.93% | +1.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.33% | 22.03% | +5.30% |
Dividends
JPM vs. COST - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.71%, more than COST's 0.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COST Costco Wholesale Corporation | 0.72% | 0.59% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% |
JPM JPMorgan Chase & Co. | 1.71% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
Financials
JPM vs. COST - Financials Comparison
This section allows you to compare key financial metrics between JPMorgan Chase & Co. and Costco Wholesale Corporation. 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
JPM vs. COST - Profitability Comparison
JPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, JPMorgan Chase & Co. reported a gross profit of 54.83B and revenue of 82.46B. Therefore, the gross margin over that period was 66.5%.
COST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Costco Wholesale Corporation reported a gross profit of -17.68B and revenue of 70.53B. Therefore, the gross margin over that period was -25.1%.
JPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, JPMorgan Chase & Co. reported an operating income of 27.52B and revenue of 82.46B, resulting in an operating margin of 33.4%.
COST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Costco Wholesale Corporation reported an operating income of 2.82B and revenue of 70.53B, resulting in an operating margin of 4.0%.
JPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, JPMorgan Chase & Co. reported a net income of 21.16B and revenue of 82.46B, resulting in a net margin of 25.7%.
COST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Costco Wholesale Corporation reported a net income of 2.19B and revenue of 70.53B, resulting in a net margin of 3.1%.
Frequently Asked Questions
JPM and COST have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COST has higher volatility (7.34%) compared to JPM (6.60%). In terms of maximum drawdown, JPM dropped -76.16% vs COST's -53.39%.
JPM currently has the higher Sharpe Ratio (0.94 vs 0.10), 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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