JPM vs. GWW
JPM (JPMorgan Chase & Co.) and GWW (W.W. Grainger, Inc.) are both stocks. JPM operates in Banks - Diversified (Financial Services), while GWW operates in Industrial Distribution (Industrials). Over the past 10 years, JPM returned 21.27%/yr vs 22.03%/yr for GWW. At a 0.37 correlation, their price movements are largely independent.
Performance
JPM vs. GWW - Performance Comparison
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Returns By Period
In the year-to-date period, JPM achieves a 6.66% return, which is significantly lower than GWW's 36.42% return. Both investments have delivered pretty close results over the past 10 years, with JPM having a 21.27% annualized return and GWW not far ahead at 22.03%.
JPM
- 1D
- -0.65%
- 1M
- 4.67%
- 6M
- 9.49%
- YTD
- 6.66%
- 1Y
- 18.57%
- 3Y*
- 32.69%
- 5Y*
- 20.23%
- 10Y*
- 21.27%
- ALL TIME*
- 12.35%
GWW
- 1D
- -1.71%
- 1M
- 0.43%
- 6M
- 28.81%
- YTD
- 36.42%
- 1Y
- 34.50%
- 3Y*
- 22.31%
- 5Y*
- 25.82%
- 10Y*
- 22.03%
- ALL TIME*
- 15.17%
JPM vs. GWW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 6.66% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
GWW W.W. Grainger, Inc. | 36.42% | -3.41% | 28.21% | 50.53% | 8.75% | 28.80% | 22.85% | 22.25% | 21.69% | 4.35% |
Correlation
The correlation between JPM and GWW is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 1984 | 0.37 |
The correlation between JPM and GWW shifts across timeframes, from 0.28 (1 year) to 0.43 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
JPM:
$908.01B
GWW:
$64.74B
JPM:
$23.29
GWW:
$37.36
JPM:
14.55
GWW:
36.70
JPM:
1.61
GWW:
2.12
JPM:
3.18
GWW:
3.56
JPM:
2.68
GWW:
16.54
JPM:
$297.63B
GWW:
$18.38B
JPM:
$186.33B
GWW:
$7.20B
JPM:
$90.84B
GWW:
$2.82B
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Return for Risk
JPM vs. GWW — Risk / Return Rank
JPM
GWW
JPM vs. GWW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and W.W. Grainger, Inc. (GWW). 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 | GWW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.27 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 2.60 | -1.39 |
| Martin ratioReturn relative to average drawdown | 2.85 | 5.49 | -2.64 |
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Drawdowns
JPM vs. GWW - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, which is greater than GWW's maximum drawdown of -56.73%. Use the drawdown chart below to compare losses from any high point for JPM and GWW.
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Drawdown Indicators
| JPM | GWW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -56.73% | -19.43% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -13.35% | -2.12% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -24.50% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -24.50% | -14.27% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -41.60% | -2.03% |
Current DrawdownCurrent decline from peak | -2.32% | -2.20% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -17.58% | -10.98% | -6.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.53% | 6.30% | +0.23% |
Volatility
JPM vs. GWW - Volatility Comparison
The current volatility for JPMorgan Chase & Co. (JPM) is 6.42%, while W.W. Grainger, Inc. (GWW) has a volatility of 7.52%. This indicates that JPM experiences smaller price fluctuations and is considered to be less risky than GWW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | GWW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.42% | 7.52% | -1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 16.66% | 18.31% | -1.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.17% | 25.26% | -3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.41% | 24.74% | -0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.31% | 28.51% | -1.20% |
Dividends
JPM vs. GWW - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.77%, more than GWW's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWW W.W. Grainger, Inc. | 0.68% | 0.88% | 0.76% | 0.88% | 1.22% | 1.23% | 1.45% | 1.68% | 1.90% | 2.14% | 2.08% | 2.27% |
JPM JPMorgan Chase & Co. | 1.77% | 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. GWW - Financials Comparison
This section allows you to compare key financial metrics between JPMorgan Chase & Co. and W.W. Grainger, Inc.. 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. GWW - Profitability Comparison
JPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
GWW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, W.W. Grainger, Inc. reported a gross profit of 1.90B and revenue of 4.74B. Therefore, the gross margin over that period was 40.0%.
JPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, JPMorgan Chase & Co. reported an operating income of 27.52B and revenue of 82.46B, resulting in an operating margin of 33.4%.
GWW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, W.W. Grainger, Inc. reported an operating income of 793.00M and revenue of 4.74B, resulting in an operating margin of 16.7%.
JPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, JPMorgan Chase & Co. reported a net income of 21.16B and revenue of 82.46B, resulting in a net margin of 25.7%.
GWW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, W.W. Grainger, Inc. reported a net income of 555.00M and revenue of 4.74B, resulting in a net margin of 11.7%.
Frequently Asked Questions
JPM and GWW have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GWW has higher volatility (7.52%) compared to JPM (6.42%). In terms of maximum drawdown, JPM dropped -76.16% vs GWW's -56.73%.
GWW currently has the higher Sharpe Ratio (1.38 vs 0.84), 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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