JPM vs. IDMO

Last updated Aug 1, 2026

JPM (JPMorgan Chase & Co.) is a stock, while IDMO (Invesco S&P International Developed Momentum ETF) is Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Over the past 10 years, JPM returned 21.80%/yr vs 12.52%/yr for IDMO. Their 0.34 correlation means their historical movements had little consistent relationship.

Performance

JPM vs. IDMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Chase & Co. (JPM) and Invesco S&P International Developed Momentum ETF (IDMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JPM having a 10.73% return and IDMO slightly lower at 10.66%. Over the past 10 years, JPM has outperformed IDMO with an annualized return of 21.80%, while IDMO has yielded a comparatively lower 12.52% annualized return.

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%

IDMO

• 1D: 0.10%
• 1M: 1.32%
• 6M: 6.43%
• YTD: 10.66%
• 1Y: 23.95%
• 3Y*: 25.15%
• 5Y*: 15.47%
• 10Y*: 12.52%
• ALL TIME*: 9.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IDMO Invesco S&P International Developed Momentum ETF	$22.05M	$20.41M	$22.89M
JPM JPMorgan Chase & Co.	$2.69B	$3.19B	$3.04B

JPM vs. IDMO - 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%
IDMO Invesco S&P International Developed Momentum ETF	10.66%	42.17%	12.79%	20.16%	-12.03%	14.31%	22.01%	26.09%	-16.66%	29.21%

Correlation

The correlation between JPM and IDMO is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.50
Correlation (3Y) Balances recent behavior with more history.	0.42
Correlation (5Y) Shows whether the relationship held over a longer period.	0.51
Correlation (10Y) Provides a long-term view across more market conditions.	0.39
Correlation (All Time) Calculated using the full available price history since Feb 24, 2012	0.34

The correlation between JPM and IDMO shifts across timeframes, from 0.34 (all time) to 0.51 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

JPM vs. IDMO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JPM

JPM Risk / Return Rank: 71
JPM Sharpe Ratio Rank: 74
JPM Sortino Ratio Rank: 68
JPM Omega Ratio Rank: 67
JPM Calmar Ratio Rank: 72
JPM Martin Ratio Rank: 72

IDMO

IDMO Risk / Return Rank: 55
IDMO Sharpe Ratio Rank: 52
IDMO Sortino Ratio Rank: 54
IDMO Omega Ratio Rank: 52
IDMO Calmar Ratio Rank: 56
IDMO Martin Ratio Rank: 63

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JPM vs. IDMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and Invesco S&P International Developed Momentum ETF (IDMO). 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	IDMO	Difference
Sharpe ratio: Return per unit of total volatility	0.94	1.25	-0.31
Sortino ratio: Return per unit of downside risk	1.35	1.88	-0.52
Omega ratio: Gain probability vs. loss probability	1.17	1.23	-0.06
Calmar ratio: Return relative to maximum drawdown	1.36	1.95	-0.59
Martin ratio: Return relative to average drawdown	3.24	7.47	-4.22

JPM vs. IDMO - Sharpe Ratio Comparison

The current JPM Sharpe Ratio is 0.94, which is comparable to the IDMO Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of JPM and IDMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JPM vs. IDMO - Drawdown Comparison

The maximum JPM drawdown since its inception was -76.16%, which is greater than IDMO's maximum drawdown of -39.38%. Use the drawdown chart below to compare losses from any high point for JPM and IDMO.

Drawdown Indicators

	JPM	IDMO	Difference
Max Drawdown Largest peak-to-trough decline	-76.16%	-39.38%	-36.78%
Max Drawdown (1Y) Largest decline over 1 year	-15.47%	-12.31%	-3.16%
Max Drawdown (3Y) Largest decline over 3 years	-24.42%	-12.65%	-11.77%
Max Drawdown (5Y) Largest decline over 5 years	-38.77%	-27.07%	-11.70%
Max Drawdown (10Y) Largest decline over 10 years	-43.63%	-31.34%	-12.29%
Current Drawdown Current decline from peak	-1.54%	-1.81%	+0.27%
Average Drawdown Average peak-to-trough decline	-17.56%	-9.68%	-7.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.51%	3.22%	+3.29%

Volatility

JPM vs. IDMO - Volatility Comparison

The current volatility for JPMorgan Chase & Co. (JPM) is 6.60%, while Invesco S&P International Developed Momentum ETF (IDMO) has a volatility of 7.12%. This indicates that JPM experiences smaller price fluctuations and is considered to be less risky than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPM	IDMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	7.12%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	16.70%	17.57%	-0.87%
Volatility (1Y) Calculated over the trailing 1-year period	22.50%	19.20%	+3.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.46%	18.24%	+6.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.33%	17.97%	+9.36%

Dividends

JPM vs. IDMO - Dividend Comparison

JPM's dividend yield for the trailing twelve months is around 1.71%, less than IDMO's 3.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDMO Invesco S&P International Developed Momentum ETF	3.61%	3.71%	2.24%	2.89%	3.66%	1.81%	1.63%	2.78%	3.27%	3.08%	2.18%	2.52%
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%

Frequently Asked Questions

Can I hold both JPM and IDMO in my portfolio?

JPM and IDMO have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPM or IDMO?

IDMO has higher volatility (7.12%) compared to JPM (6.60%). In terms of maximum drawdown, JPM dropped -76.16% vs IDMO's -39.38%.

Which has better risk-adjusted returns?

IDMO currently has the higher Sharpe Ratio (1.25 vs 0.94), 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.