JPM vs. XLF
Compare and contrast key facts about JPMorgan Chase & Co. (JPM) and Financial Select Sector SPDR Fund (XLF).
XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPM or XLF.
Key characteristics
| JPM | XLF | |
|---|---|---|
| YTD Return | 14.99% | 8.81% |
| 1Y Return | 43.52% | 25.07% |
| 3Y Return (Ann) | 11.03% | 5.97% |
| 5Y Return (Ann) | 14.28% | 10.20% |
| 10Y Return (Ann) | 16.51% | 13.21% |
| Sharpe Ratio | 2.66 | 2.07 |
| Daily Std Dev | 16.87% | 12.80% |
| Max Drawdown | -74.02% | -82.43% |
| Current Drawdown | -2.94% | -3.23% |
Correlation
The correlation between JPM and XLF is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JPM vs. XLF - Performance Comparison
In the year-to-date period, JPM achieves a 14.99% return, which is significantly higher than XLF's 8.81% return. Over the past 10 years, JPM has outperformed XLF with an annualized return of 16.51%, while XLF has yielded a comparatively lower 13.21% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
JPM vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and Financial Select Sector SPDR Fund (XLF). 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.
Dividends
JPM vs. XLF - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 2.20%, more than XLF's 1.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 2.20% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% | 2.49% | 2.33% |
XLF Financial Select Sector SPDR Fund | 1.57% | 1.71% | 2.04% | 1.63% | 2.03% | 1.87% | 2.08% | 1.48% | 1.63% | 2.40% | 1.98% | 1.81% |
Drawdowns
JPM vs. XLF - Drawdown Comparison
The maximum JPM drawdown since its inception was -74.02%, smaller than the maximum XLF drawdown of -82.43%. Use the drawdown chart below to compare losses from any high point for JPM and XLF. For additional features, visit the drawdowns tool.
Volatility
JPM vs. XLF - Volatility Comparison
JPMorgan Chase & Co. (JPM) has a higher volatility of 8.05% compared to Financial Select Sector SPDR Fund (XLF) at 3.60%. This indicates that JPM's price experiences larger fluctuations and is considered to be riskier than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.