JPM vs. IGV
JPM (JPMorgan Chase & Co.) is a stock, while IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 10 years, JPM returned 21.27%/yr vs 15.60%/yr for IGV. At a 0.47 correlation, their price movements are largely independent.
Performance
JPM vs. IGV - Performance Comparison
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Returns By Period
In the year-to-date period, JPM achieves a 6.66% return, which is significantly higher than IGV's -12.01% return. Over the past 10 years, JPM has outperformed IGV with an annualized return of 21.27%, while IGV has yielded a comparatively lower 15.60% annualized return.
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%
IGV
- 1D
- 0.19%
- 1M
- 4.37%
- 6M
- -5.40%
- YTD
- -12.01%
- 1Y
- -16.26%
- 3Y*
- 9.01%
- 5Y*
- 3.20%
- 10Y*
- 15.60%
- ALL TIME*
- 9.30%
JPM vs. IGV - 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% |
IGV iShares Expanded Tech-Software Sector ETF | -12.01% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
Correlation
The correlation between JPM and IGV is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.47 |
Over the past year, the correlation between JPM and IGV has dropped to 0.15 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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Return for Risk
JPM vs. IGV — Risk / Return Rank
JPM
IGV
JPM vs. IGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and iShares Expanded Tech-Software Sector ETF (IGV). 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 | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.92 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | -0.45 | +1.65 |
| Martin ratioReturn relative to average drawdown | 2.85 | -0.86 | +3.71 |
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Drawdowns
JPM vs. IGV - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, which is greater than IGV's maximum drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for JPM and IGV.
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Drawdown Indicators
| JPM | IGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -63.45% | -12.71% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -36.61% | +21.14% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -36.61% | +12.19% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -45.85% | +7.08% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -45.85% | +2.22% |
Current DrawdownCurrent decline from peak | -2.32% | -21.05% | +18.73% |
Average DrawdownAverage peak-to-trough decline | -17.58% | -14.48% | -3.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.53% | 18.89% | -12.36% |
Volatility
JPM vs. IGV - Volatility Comparison
The current volatility for JPMorgan Chase & Co. (JPM) is 6.42%, while iShares Expanded Tech-Software Sector ETF (IGV) has a volatility of 7.17%. This indicates that JPM experiences smaller price fluctuations and is considered to be less risky than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.42% | 7.17% | -0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 16.66% | 25.18% | -8.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.17% | 28.69% | -6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.41% | 28.08% | -3.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.31% | 26.41% | +0.90% |
Dividends
JPM vs. IGV - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.77%, more than IGV's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
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% |
Frequently Asked Questions
JPM and IGV have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGV has higher volatility (7.17%) compared to JPM (6.42%). In terms of maximum drawdown, JPM dropped -76.16% vs IGV's -63.45%.
JPM currently has the higher Sharpe Ratio (0.84 vs -0.57), 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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