JPM vs. T
JPM (JPMorgan Chase & Co.) and T (AT&T Inc.) are both stocks. JPM operates in Banks - Diversified (Financial Services), while T operates in Telecom Services (Communication Services). Over the past 10 years, JPM returned 21.27%/yr vs 2.10%/yr for T. At a 0.34 correlation, their price movements are largely independent.
Performance
JPM vs. T - 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 T's -7.04% return. Over the past 10 years, JPM has outperformed T with an annualized return of 21.27%, while T has yielded a comparatively lower 2.10% 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%
T
- 1D
- 0.64%
- 1M
- 2.62%
- 6M
- -2.84%
- YTD
- -7.04%
- 1Y
- -13.37%
- 3Y*
- 20.93%
- 5Y*
- 7.13%
- 10Y*
- 2.10%
- ALL TIME*
- 9.35%
JPM vs. T - 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% |
T AT&T Inc. | -7.04% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between JPM and T is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 1984 | 0.34 |
Over the past year, the correlation between JPM and T has dropped to 0.02 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
Fundamentals
JPM:
$908.01B
T:
$152.52B
JPM:
$23.29
T:
$3.05
JPM:
14.55
T:
7.19
JPM:
1.61
T:
0.30
JPM:
3.18
T:
1.25
JPM:
$297.63B
T:
$125.65B
JPM:
$186.33B
T:
$105.41B
JPM:
$90.84B
T:
$54.70B
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Return for Risk
JPM vs. T — Risk / Return Rank
JPM
T
JPM vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and AT&T Inc. (T). 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 | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.92 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | -0.46 | +1.67 |
| Martin ratioReturn relative to average drawdown | 2.85 | -1.03 | +3.89 |
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Drawdowns
JPM vs. T - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for JPM and T.
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Drawdown Indicators
| JPM | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -64.15% | -12.01% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -28.89% | +13.42% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -28.89% | +4.47% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -32.01% | -6.76% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -42.35% | -1.28% |
Current DrawdownCurrent decline from peak | -2.32% | -21.57% | +19.25% |
Average DrawdownAverage peak-to-trough decline | -17.58% | -15.74% | -1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.53% | 12.94% | -6.41% |
Volatility
JPM vs. T - Volatility Comparison
The current volatility for JPMorgan Chase & Co. (JPM) is 6.42%, while AT&T Inc. (T) has a volatility of 9.59%. This indicates that JPM experiences smaller price fluctuations and is considered to be less risky than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.42% | 9.59% | -3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.66% | 19.91% | -3.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.17% | 23.72% | -1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.41% | 24.38% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.31% | 23.92% | +3.39% |
Dividends
JPM vs. T - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.77%, less than T's 6.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
T AT&T Inc. | 6.58% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Financials
JPM vs. T - Financials Comparison
This section allows you to compare key financial metrics between JPMorgan Chase & Co. and AT&T 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
Frequently Asked Questions
JPM and T have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (9.59%) compared to JPM (6.42%). In terms of maximum drawdown, JPM dropped -76.16% vs T's -64.15%.
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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