JPM vs. UTES
JPM (JPMorgan Chase & Co.) is a stock, while UTES (Virtus Reaves Utilities ETF) is Utilities Equities fund actively managed by Virtus. Over the past 10 years, JPM returned 21.80%/yr vs 11.78%/yr for UTES. Their 0.22 correlation means their historical movements had little consistent relationship.
Performance
JPM vs. UTES - Performance Comparison
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Returns By Period
In the year-to-date period, JPM achieves a 10.73% return, which is significantly higher than UTES's -1.07% return. Over the past 10 years, JPM has outperformed UTES with an annualized return of 21.80%, while UTES has yielded a comparatively lower 11.78% annualized return.
JPM
- 1D
- 0.27%
- 1M
- 5.78%
- 6M
- 16.11%
- YTD
- 10.73%
- 1Y
- 21.02%
- 3Y*
- 33.72%
- 5Y*
- 21.31%
- 10Y*
- 21.80%
- ALL TIME*
- 12.44%
UTES
- 1D
- -0.03%
- 1M
- -2.93%
- 6M
- 0.59%
- YTD
- -1.07%
- 1Y
- -4.33%
- 3Y*
- 21.10%
- 5Y*
- 14.97%
- 10Y*
- 11.78%
- ALL TIME*
- 13.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.69B | $3.19B | $3.04B | |
| $11.16M | $10.04M | $13.72M |
JPM vs. UTES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 10.73% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
UTES Virtus Reaves Utilities ETF | -1.07% | 25.71% | 45.35% | -2.46% | 0.80% | 20.74% | -0.30% | 25.48% | 5.14% | 14.21% |
Correlation
The correlation between JPM and UTES is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.33 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2015 | 0.22 |
The correlation between JPM and UTES shifts across timeframes, from 0.22 (all time) to 0.33 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
JPM vs. UTES — Risk / Return Rank
JPM
UTES
JPM vs. UTES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and Virtus Reaves Utilities ETF (UTES). 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 | UTES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.98 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | -0.31 | +1.68 |
| Martin ratioReturn relative to average drawdown | 3.24 | -0.65 | +3.89 |
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Drawdowns
JPM vs. UTES - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, which is greater than UTES's maximum drawdown of -35.39%. Use the drawdown chart below to compare losses from any high point for JPM and UTES.
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Drawdown Indicators
| JPM | UTES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -35.39% | -40.77% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -13.88% | -1.59% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -17.62% | -6.80% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -20.40% | -18.37% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -35.39% | -8.24% |
Current DrawdownCurrent decline from peak | -1.54% | -10.30% | +8.76% |
Average DrawdownAverage peak-to-trough decline | -17.56% | -5.54% | -12.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 6.72% | -0.21% |
Volatility
JPM vs. UTES - Volatility Comparison
JPMorgan Chase & Co. (JPM) has a higher volatility of 6.60% compared to Virtus Reaves Utilities ETF (UTES) at 5.50%. This indicates that JPM's price experiences larger fluctuations and is considered to be riskier than UTES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | UTES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.60% | 5.50% | +1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 16.70% | 16.19% | +0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.50% | 21.39% | +1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.46% | 20.74% | +3.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.33% | 20.26% | +7.07% |
Dividends
JPM vs. UTES - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.71%, more than UTES's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.71% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
UTES Virtus Reaves Utilities ETF | 1.53% | 1.42% | 1.51% | 2.44% | 2.13% | 1.94% | 2.09% | 1.84% | 2.09% | 3.44% | 3.53% | 0.61% |
Frequently Asked Questions
JPM and UTES 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.
JPM has higher volatility (6.60%) compared to UTES (5.50%). In terms of maximum drawdown, JPM dropped -76.16% vs UTES's -35.39%.
JPM currently has the higher Sharpe Ratio (0.94 vs -0.20), 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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