JPM vs. HG
JPM (JPMorgan Chase & Co.) and HG (Hamilton Insurance Group Ltd.) are both stocks. Both are in the Financial Services sector — JPM in Banks - Diversified, HG in Insurance - Reinsurance. Over the past year, JPM returned 21.89% vs 59.59% for HG. At a 0.20 correlation, their price movements are largely independent.
Performance
JPM vs. HG - Performance Comparison
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Returns By Period
In the year-to-date period, JPM achieves a 0.50% return, which is significantly lower than HG's 22.35% return.
JPM
- 1D
- 2.31%
- 1M
- 6.82%
- YTD
- 0.50%
- 6M
- 1.66%
- 1Y
- 21.89%
- 3Y*
- 34.22%
- 5Y*
- 17.82%
- 10Y*
- 21.02%
HG
- 1D
- -0.03%
- 1M
- 5.38%
- YTD
- 22.35%
- 6M
- 21.31%
- 1Y
- 59.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPM vs. HG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 0.50% | 37.27% | 44.29% | 17.89% |
HG Hamilton Insurance Group Ltd. | 22.35% | 46.61% | 27.29% | -1.97% |
Correlation
The correlation between JPM and HG is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2023 | 0.20 |
Fundamentals
JPM:
$21.08
HG:
$8.27
JPM:
15.21
HG:
3.86
JPM:
1.68
HG:
0.07
JPM:
3.14
HG:
0.84
JPM:
$285.09B
HG:
$2.90B
JPM:
$173.52B
HG:
$1.76B
JPM:
$81.46B
HG:
$1.36B
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Return for Risk
JPM vs. HG — Risk / Return Rank
JPM
HG
JPM vs. HG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and Hamilton Insurance Group Ltd. (HG). 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 | HG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.36 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 4.72 | -3.30 |
| Martin ratioReturn relative to average drawdown | 3.36 | 16.71 | -13.35 |
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Drawdowns
JPM vs. HG - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, which is greater than HG's maximum drawdown of -21.07%. Use the drawdown chart below to compare losses from any high point for JPM and HG.
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Drawdown Indicators
| JPM | HG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -21.07% | -55.09% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -12.69% | -2.78% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | — | — |
Current DrawdownCurrent decline from peak | -3.66% | -2.71% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -17.62% | -5.42% | -12.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 3.58% | +2.96% |
Volatility
JPM vs. HG - Volatility Comparison
The current volatility for JPMorgan Chase & Co. (JPM) is 6.35%, while Hamilton Insurance Group Ltd. (HG) has a volatility of 8.69%. This indicates that JPM experiences smaller price fluctuations and is considered to be less risky than HG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | HG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.35% | 8.69% | -2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 16.67% | 18.52% | -1.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.76% | 27.89% | -6.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.46% | 31.39% | -6.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.39% | 31.39% | -4.00% |
Dividends
JPM vs. HG - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.84%, less than HG's 6.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HG Hamilton Insurance Group Ltd. | 6.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPM JPMorgan Chase & Co. | 1.84% | 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. HG - Financials Comparison
This section allows you to compare key financial metrics between JPMorgan Chase & Co. and Hamilton Insurance Group Ltd.. 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. HG - Profitability Comparison
JPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a gross profit of 47.33B and revenue of 73.66B. Therefore, the gross margin over that period was 64.3%.
HG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hamilton Insurance Group Ltd. reported a gross profit of 754.89M and revenue of 758.91M. Therefore, the gross margin over that period was 99.5%.
JPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported an operating income of 20.48B and revenue of 73.66B, resulting in an operating margin of 27.8%.
HG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hamilton Insurance Group Ltd. reported an operating income of 693.42M and revenue of 758.91M, resulting in an operating margin of 91.4%.
JPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a net income of 16.49B and revenue of 73.66B, resulting in a net margin of 22.4%.
HG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hamilton Insurance Group Ltd. reported a net income of 133.54M and revenue of 758.91M, resulting in a net margin of 17.6%.
Frequently Asked Questions
JPM and HG have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HG has higher volatility (8.69%) compared to JPM (6.35%). In terms of maximum drawdown, JPM dropped -76.16% vs HG's -21.07%.
HG currently has the higher Sharpe Ratio (2.15 vs 1.01), 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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