KNF vs. JPM

Last updated Jun 3, 2026

KNF (Knife River Corporation) and JPM (JPMorgan Chase & Co.) are both stocks. KNF operates in Building Materials (Basic Materials), while JPM operates in Banks - Diversified (Financial Services). Over the past 3 years, KNF returned 26.71%/yr vs 31.89%/yr for JPM. At a 0.37 correlation, their price movements are largely independent.

Performance

KNF vs. JPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Knife River Corporation (KNF) and JPMorgan Chase & Co. (JPM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KNF achieves a 11.49% return, which is significantly higher than JPM's -5.70% return.

KNF

• 1D: -0.14%
• 1M: -15.65%
• YTD: 11.49%
• 6M: 5.97%
• 1Y: -14.48%
• 3Y*: 26.71%
• 5Y*: —
• 10Y*: —

JPM

• 1D: 1.48%
• 1M: -3.68%
• YTD: -5.70%
• 6M: -1.30%
• 1Y: 15.93%
• 3Y*: 31.89%
• 5Y*: 15.50%
• 10Y*: 19.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KNF vs. JPM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
KNF Knife River Corporation	11.49%	-30.79%	53.58%	88.98%
JPM JPMorgan Chase & Co.	-5.70%	37.27%	44.29%	25.40%

Correlation

The correlation between KNF and JPM is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 2, 2023	0.37

Fundamentals

Market Cap KNF : $4.45B JPM : $840.79B
EPS KNF : $2.58 JPM : $21.08
PE Ratio KNF : 30.42 JPM : 14.28
PEG Ratio KNF : 3.47 JPM : 1.58
PS Ratio KNF : 1.39 JPM : 2.95
PB Ratio KNF : 2.85 JPM : 2.44
Total Revenue (TTM) KNF : $3.20B JPM : $285.09B
Gross Profit (TTM) KNF : $585.88M JPM : $173.52B
EBITDA (TTM) KNF : $441.86M JPM : $81.46B

Return for Risk

KNF vs. JPM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KNF

KNF Risk / Return Rank: 26
KNF Sharpe Ratio Rank: 27
KNF Sortino Ratio Rank: 26
KNF Omega Ratio Rank: 27
KNF Calmar Ratio Rank: 25
KNF Martin Ratio Rank: 23

JPM

JPM Risk / Return Rank: 60
JPM Sharpe Ratio Rank: 64
JPM Sortino Ratio Rank: 56
JPM Omega Ratio Rank: 55
JPM Calmar Ratio Rank: 62
JPM Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KNF vs. JPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Knife River Corporation (KNF) and JPMorgan Chase & Co. (JPM). 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.

	KNF	JPM	Difference
Sharpe ratio Return per unit of total volatility	-0.31	0.75	-1.05
Sortino ratio Return per unit of downside risk	-0.15	1.10	-1.25
Omega ratio Gain probability vs. loss probability	0.98	1.14	-0.16
Calmar ratio Return relative to maximum drawdown	-0.45	1.05	-1.50
Martin ratio Return relative to average drawdown	-0.88	2.52	-3.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KNF vs. JPM - Sharpe Ratio Comparison

The current KNF Sharpe Ratio is -0.31, which is lower than the JPM Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of KNF and JPM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KNF	JPM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.31	0.75	-1.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.64	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.34	+0.40

Drawdowns

KNF vs. JPM - Drawdown Comparison

The maximum KNF drawdown since its inception was -44.15%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for KNF and JPM.

Drawdown Indicators

	KNF	JPM	Difference
Max Drawdown Largest peak-to-trough decline	-44.15%	-76.16%	+32.01%
Max Drawdown (1Y) Largest decline over 1 year	-37.15%	-15.47%	-21.68%
Max Drawdown (3Y) Largest decline over 3 years	-44.15%	-24.42%	-19.73%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.77%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.63%	—
Current Drawdown Current decline from peak	-26.91%	-9.60%	-17.31%
Average Drawdown Average peak-to-trough decline	-12.74%	-17.63%	+4.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.92%	6.43%	+12.49%

Volatility

KNF vs. JPM - Volatility Comparison

Knife River Corporation (KNF) has a higher volatility of 14.82% compared to JPMorgan Chase & Co. (JPM) at 6.55%. This indicates that KNF's price experiences larger fluctuations and is considered to be riskier than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KNF	JPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.82%	6.55%	+8.27%
Volatility (6M) Calculated over the trailing 6-month period	37.49%	17.21%	+20.28%
Volatility (1Y) Calculated over the trailing 1-year period	47.33%	21.41%	+25.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.33%	24.41%	+17.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.33%	27.38%	+14.95%

Dividends

KNF vs. JPM - Dividend Comparison

KNF has not paid dividends to shareholders, while JPM's dividend yield for the trailing twelve months is around 1.96%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPM JPMorgan Chase & Co.	1.96%	1.72%	1.92%	2.38%	2.98%	2.34%	2.83%	2.37%	2.54%	1.91%	2.13%	2.54%
KNF Knife River Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

KNF vs. JPM - Profitability Comparison

The chart below illustrates the profitability comparison between Knife River Corporation and JPMorgan Chase & Co. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KNF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Knife River Corporation reported a gross profit of -2.80M and revenue of 410.10M. Therefore, the gross margin over that period was -0.7%.

JPM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a gross profit of 47.33B and revenue of 73.66B. Therefore, the gross margin over that period was 64.3%.

KNF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Knife River Corporation reported an operating income of -86.30M and revenue of 410.10M, resulting in an operating margin of -21.0%.

JPM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported an operating income of 20.48B and revenue of 73.66B, resulting in an operating margin of 27.8%.

KNF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Knife River Corporation reported a net income of -79.20M and revenue of 410.10M, resulting in a net margin of -19.3%.

JPM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a net income of 16.49B and revenue of 73.66B, resulting in a net margin of 22.4%.

Frequently Asked Questions

Can I hold both KNF and JPM in my portfolio?

KNF and JPM have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KNF or JPM?

KNF has higher volatility (14.82%) compared to JPM (6.55%). In terms of maximum drawdown, KNF dropped -44.15% vs JPM's -76.16%.

Which has better risk-adjusted returns?

JPM currently has the higher Sharpe Ratio (0.75 vs -0.31), 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.