JPM vs. PNNT
JPM (JPMorgan Chase & Co.) and PNNT (PennantPark Investment Corporation) are both stocks. Both are in the Financial Services sector — JPM in Banks - Diversified, PNNT in Asset Management. Over the past 10 years, JPM returned 20.32%/yr vs 6.83%/yr for PNNT. At a 0.42 correlation, their price movements are largely independent.
Performance
JPM vs. PNNT - Performance Comparison
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Returns By Period
In the year-to-date period, JPM achieves a -2.52% return, which is significantly higher than PNNT's -30.57% return. Over the past 10 years, JPM has outperformed PNNT with an annualized return of 20.32%, while PNNT has yielded a comparatively lower 6.83% annualized return.
JPM
- 1D
- -0.40%
- 1M
- 2.98%
- YTD
- -2.52%
- 6M
- -0.35%
- 1Y
- 19.35%
- 3Y*
- 33.18%
- 5Y*
- 16.72%
- 10Y*
- 20.32%
PNNT
- 1D
- -1.30%
- 1M
- -15.02%
- YTD
- -30.57%
- 6M
- -29.01%
- 1Y
- -33.64%
- 3Y*
- 0.71%
- 5Y*
- 0.56%
- 10Y*
- 6.83%
JPM vs. PNNT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | -2.52% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
PNNT PennantPark Investment Corporation | -30.57% | -2.96% | 16.56% | 37.25% | -8.90% | 61.71% | -17.99% | 14.30% | 2.05% | -0.65% |
Correlation
The correlation between JPM and PNNT is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2007 | 0.42 |
The correlation between JPM and PNNT shifts across timeframes, from 0.26 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.
Fundamentals
JPM:
$21.08
PNNT:
$302.41
JPM:
14.76
PNNT:
0.01
JPM:
1.63
PNNT:
0.00
JPM:
3.05
PNNT:
2.18
JPM:
$285.09B
PNNT:
$85.01M
JPM:
$173.52B
PNNT:
$24.12M
JPM:
$81.46B
PNNT:
$16.10M
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Return for Risk
JPM vs. PNNT — Risk / Return Rank
JPM
PNNT
JPM vs. PNNT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and PennantPark Investment Corporation (PNNT). 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.
| JPM | PNNT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.15 | ||
| Sortino ratioReturn per unit of downside risk | +2.99 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.78 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | -0.79 | +2.05 |
| Martin ratioReturn relative to average drawdown | 2.98 | -1.69 | +4.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JPM | PNNT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | -1.25 | +2.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.02 | +0.66 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.21 | +0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.13 | +0.21 |
Drawdowns
JPM vs. PNNT - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, smaller than the maximum PNNT drawdown of -82.16%. Use the drawdown chart below to compare losses from any high point for JPM and PNNT.
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Drawdown Indicators
| JPM | PNNT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -82.16% | +6.00% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -42.61% | +27.14% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -42.61% | +18.19% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -42.61% | +3.84% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -69.14% | +25.51% |
Current DrawdownCurrent decline from peak | -6.55% | -40.90% | +34.35% |
Average DrawdownAverage peak-to-trough decline | -17.62% | -15.28% | -2.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.50% | 19.92% | -13.42% |
Volatility
JPM vs. PNNT - Volatility Comparison
The current volatility for JPMorgan Chase & Co. (JPM) is 6.40%, while PennantPark Investment Corporation (PNNT) has a volatility of 14.65%. This indicates that JPM experiences smaller price fluctuations and is considered to be less risky than PNNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | PNNT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.40% | 14.65% | -8.25% |
Volatility (6M)Calculated over the trailing 6-month period | 17.38% | 23.99% | -6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.62% | 27.16% | -5.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.45% | 23.80% | +0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.40% | 32.77% | -5.37% |
Dividends
JPM vs. PNNT - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.90%, less than PNNT's 25.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.90% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
PNNT PennantPark Investment Corporation | 25.20% | 16.11% | 12.85% | 11.65% | 10.43% | 6.93% | 11.71% | 11.03% | 11.30% | 10.42% | 14.62% | 18.12% |
Financials
JPM vs. PNNT - Financials Comparison
This section allows you to compare key financial metrics between JPMorgan Chase & Co. and PennantPark Investment Corporation. 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 PNNT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PNNT has higher volatility (14.65%) compared to JPM (6.40%). In terms of maximum drawdown, JPM dropped -76.16% vs PNNT's -82.16%.
JPM currently has the higher Sharpe Ratio (0.90 vs -1.25), 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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