JPM vs. VTIP
JPM (JPMorgan Chase & Co.) is a stock, while VTIP (Vanguard Short-Term Inflation-Protected Securities ETF) is Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index. Over the past 10 years, JPM returned 21.34%/yr vs 3.08%/yr for VTIP. Their -0.05 correlation means they have often moved in opposite directions in the past.
Performance
JPM vs. VTIP - Performance Comparison
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Returns By Period
In the year-to-date period, JPM achieves a 10.99% return, which is significantly higher than VTIP's 1.77% return. Over the past 10 years, JPM has outperformed VTIP with an annualized return of 21.34%, while VTIP has yielded a comparatively lower 3.08% annualized return.
JPM
- 1D
- 0.24%
- 1M
- 5.91%
- 6M
- 15.55%
- YTD
- 10.99%
- 1Y
- 24.20%
- 3Y*
- 34.15%
- 5Y*
- 21.45%
- 10Y*
- 21.34%
- ALL TIME*
- 12.44%
VTIP
- 1D
- -0.06%
- 1M
- 0.10%
- 6M
- 1.40%
- YTD
- 1.77%
- 1Y
- 3.03%
- 3Y*
- 5.00%
- 5Y*
- 3.09%
- 10Y*
- 3.08%
- ALL TIME*
- 2.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.66B | $3.17B | $3.05B | |
| $116.14M | $112.47M | $126.65M |
JPM vs. VTIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 10.99% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 1.77% | 6.07% | 4.74% | 4.62% | -2.94% | 5.36% | 4.95% | 4.86% | 0.56% | 0.82% |
Correlation
The correlation between JPM and VTIP is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | -0.04 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.00 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.04 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2012 | -0.05 |
The correlation between JPM and VTIP shifts across timeframes, from -0.12 (1 year) to -0.00 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
JPM vs. VTIP — Risk / Return Rank
JPM
VTIP
JPM vs. VTIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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 | VTIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.39 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 4.26 | -2.69 |
| Martin ratioReturn relative to average drawdown | 3.73 | 13.14 | -9.41 |
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Drawdowns
JPM vs. VTIP - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for JPM and VTIP.
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Drawdown Indicators
| JPM | VTIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -6.27% | -69.89% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -0.71% | -14.76% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -0.98% | -23.44% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -5.50% | -33.27% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -6.27% | -37.36% |
Current DrawdownCurrent decline from peak | -1.31% | -0.29% | -1.02% |
Average DrawdownAverage peak-to-trough decline | -17.56% | -1.03% | -16.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.50% | 0.23% | +6.27% |
Volatility
JPM vs. VTIP - Volatility Comparison
JPMorgan Chase & Co. (JPM) has a higher volatility of 6.60% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.40%. This indicates that JPM's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | VTIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.60% | 0.40% | +6.20% |
Volatility (6M)Calculated over the trailing 6-month period | 16.70% | 1.22% | +15.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.38% | 1.52% | +20.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.46% | 2.76% | +21.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.34% | 2.74% | +24.60% |
Dividends
JPM vs. VTIP - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.70%, less than VTIP's 4.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.70% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 4.16% | 3.81% | 2.70% | 2.86% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% |
Frequently Asked Questions
JPM and VTIP have a correlation of -0.12, 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 VTIP (0.40%). In terms of maximum drawdown, JPM dropped -76.16% vs VTIP's -6.27%.
VTIP currently has the higher Sharpe Ratio (2.00 vs 1.09), 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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