JPM vs. MUFG
JPM (JPMorgan Chase & Co.) and MUFG (Mitsubishi UFJ Financial Group, Inc.) are both stocks. Both operate in the Banks - Diversified industry within the Financial Services sector. Over the past 10 years, JPM returned 21.02%/yr vs 18.66%/yr for MUFG. At a 0.41 correlation, their price movements are largely independent.
Performance
JPM vs. MUFG - 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 MUFG's 27.11% return. Over the past 10 years, JPM has outperformed MUFG with an annualized return of 21.02%, while MUFG has yielded a comparatively lower 18.66% 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%
MUFG
- 1D
- 0.40%
- 1M
- 8.33%
- YTD
- 27.11%
- 6M
- 25.92%
- 1Y
- 48.94%
- 3Y*
- 46.26%
- 5Y*
- 33.15%
- 10Y*
- 18.66%
JPM vs. MUFG - 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% |
MUFG Mitsubishi UFJ Financial Group, Inc. | 27.11% | 39.96% | 40.10% | 33.50% | 27.37% | 25.70% | -15.99% | 11.50% | -33.01% | 20.99% |
Correlation
The correlation between JPM and MUFG is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2001 | 0.41 |
The correlation between JPM and MUFG shifts across timeframes, from 0.30 (3 years) to 0.47 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
JPM:
$896.00B
MUFG:
$225.50B
JPM:
$21.08
MUFG:
¥214.15
JPM:
15.21
MUFG:
15.08
JPM:
1.68
MUFG:
0.55
JPM:
3.14
MUFG:
2.78
JPM:
2.60
MUFG:
1.61
JPM:
$285.09B
MUFG:
¥13.21T
JPM:
$173.52B
MUFG:
¥7.24T
JPM:
$81.46B
MUFG:
¥3.34T
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Return for Risk
JPM vs. MUFG — Risk / Return Rank
JPM
MUFG
JPM vs. MUFG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and Mitsubishi UFJ Financial Group, Inc. (MUFG). 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 | MUFG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.31 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 2.85 | -1.42 |
| Martin ratioReturn relative to average drawdown | 3.36 | 7.98 | -4.62 |
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Drawdowns
JPM vs. MUFG - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, roughly equal to the maximum MUFG drawdown of -76.75%. Use the drawdown chart below to compare losses from any high point for JPM and MUFG.
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Drawdown Indicators
| JPM | MUFG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -76.75% | +0.59% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -17.28% | +1.81% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -26.56% | +2.14% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -32.81% | -5.96% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -57.62% | +13.99% |
Current DrawdownCurrent decline from peak | -3.66% | 0.00% | -3.66% |
Average DrawdownAverage peak-to-trough decline | -17.62% | -43.53% | +25.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 6.16% | +0.38% |
Volatility
JPM vs. MUFG - Volatility Comparison
JPMorgan Chase & Co. (JPM) has a higher volatility of 6.35% compared to Mitsubishi UFJ Financial Group, Inc. (MUFG) at 5.88%. This indicates that JPM's price experiences larger fluctuations and is considered to be riskier than MUFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | MUFG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.35% | 5.88% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 16.67% | 18.89% | -2.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.76% | 25.81% | -4.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.46% | 29.04% | -4.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.39% | 27.85% | -0.46% |
Dividends
JPM vs. MUFG - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.84%, more than MUFG's 1.12% 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% |
MUFG Mitsubishi UFJ Financial Group, Inc. | 1.12% | 3.12% | 2.50% | 2.90% | 3.36% | 2.18% | 2.62% | 0.00% | 0.00% | 2.20% | 2.70% | 2.34% |
Financials
JPM vs. MUFG - Financials Comparison
This section allows you to compare key financial metrics between JPMorgan Chase & Co. and Mitsubishi UFJ Financial Group, 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. MUFG - 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%.
MUFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mitsubishi UFJ Financial Group, Inc. reported a gross profit of 2.09T and revenue of 3.59T. Therefore, the gross margin over that period was 58.3%.
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%.
MUFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mitsubishi UFJ Financial Group, Inc. reported an operating income of 841.39B and revenue of 3.59T, resulting in an operating margin of 23.4%.
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%.
MUFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mitsubishi UFJ Financial Group, Inc. reported a net income of 624.99B and revenue of 3.59T, resulting in a net margin of 17.4%.
Frequently Asked Questions
JPM and MUFG have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JPM has higher volatility (6.35%) compared to MUFG (5.88%). In terms of maximum drawdown, JPM dropped -76.16% vs MUFG's -76.75%.
MUFG currently has the higher Sharpe Ratio (1.91 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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