JPM vs. MDT
JPM (JPMorgan Chase & Co.) and MDT (Medtronic plc) are both stocks. JPM operates in Banks - Diversified (Financial Services), while MDT operates in Medical Devices (Healthcare). Over the past 10 years, JPM returned 21.02%/yr vs 2.00%/yr for MDT. At a 0.31 correlation, their price movements are largely independent.
Performance
JPM vs. MDT - Performance Comparison
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Returns By Period
In the year-to-date period, JPM achieves a 0.50% return, which is significantly higher than MDT's -15.83% return. Over the past 10 years, JPM has outperformed MDT with an annualized return of 21.02%, while MDT has yielded a comparatively lower 2.00% annualized 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%
MDT
- 1D
- -0.16%
- 1M
- 5.24%
- YTD
- -15.83%
- 6M
- -18.44%
- 1Y
- -6.49%
- 3Y*
- 1.02%
- 5Y*
- -5.47%
- 10Y*
- 2.00%
JPM vs. MDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 0.50% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
MDT Medtronic plc | -15.83% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
Correlation
The correlation between JPM and MDT 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 (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1983 | 0.31 |
The correlation between JPM and MDT shifts across timeframes, from 0.18 (1 year) to 0.36 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
JPM:
$896.00B
MDT:
$103.31B
JPM:
$21.08
MDT:
$3.58
JPM:
15.21
MDT:
22.38
JPM:
1.68
MDT:
2.02
JPM:
3.14
MDT:
2.91
JPM:
$285.09B
MDT:
$35.48B
JPM:
$173.52B
MDT:
$5.78B
JPM:
$81.46B
MDT:
$7.11B
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Return for Risk
JPM vs. MDT — Risk / Return Rank
JPM
MDT
JPM vs. MDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and Medtronic plc (MDT). 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 | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.96 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | -0.23 | +1.65 |
| Martin ratioReturn relative to average drawdown | 3.36 | -0.56 | +3.92 |
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Drawdowns
JPM vs. MDT - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, which is greater than MDT's maximum drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for JPM and MDT.
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Drawdown Indicators
| JPM | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -57.63% | -18.53% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -28.90% | +13.43% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -28.90% | +4.48% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -45.10% | +6.33% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -45.10% | +1.47% |
Current DrawdownCurrent decline from peak | -3.66% | -31.23% | +27.57% |
Average DrawdownAverage peak-to-trough decline | -17.62% | -16.55% | -1.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 11.52% | -4.98% |
Volatility
JPM vs. MDT - Volatility Comparison
The current volatility for JPMorgan Chase & Co. (JPM) is 6.35%, while Medtronic plc (MDT) has a volatility of 9.32%. This indicates that JPM experiences smaller price fluctuations and is considered to be less risky than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.35% | 9.32% | -2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 16.67% | 16.28% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.76% | 21.07% | +0.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.46% | 21.93% | +2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.39% | 23.25% | +4.14% |
Dividends
JPM vs. MDT - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.84%, less than MDT's 3.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MDT Medtronic plc | 3.54% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
Financials
JPM vs. MDT - Financials Comparison
This section allows you to compare key financial metrics between JPMorgan Chase & Co. and Medtronic plc. 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
Frequently Asked Questions
JPM and MDT 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.
MDT has higher volatility (9.32%) compared to JPM (6.35%). In terms of maximum drawdown, JPM dropped -76.16% vs MDT's -57.63%.
JPM currently has the higher Sharpe Ratio (1.01 vs -0.31), 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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