LBRT vs. JPM
LBRT (Liberty Oilfield Services Inc.) and JPM (JPMorgan Chase & Co.) are both stocks. LBRT operates in Oil & Gas Equipment & Services (Energy), while JPM operates in Banks - Diversified (Financial Services). Over the past 5 years, LBRT returned 13.86%/yr vs 20.01%/yr for JPM. At a 0.37 correlation, their price movements are largely independent.
Performance
LBRT vs. JPM - Performance Comparison
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Returns By Period
In the year-to-date period, LBRT achieves a 51.80% return, which is significantly higher than JPM's 3.87% return.
LBRT
- 1D
- 2.47%
- 1M
- -12.28%
- YTD
- 51.80%
- 6M
- 52.96%
- 1Y
- 118.58%
- 3Y*
- 32.93%
- 5Y*
- 13.86%
- 10Y*
- —
JPM
- 1D
- 1.92%
- 1M
- 8.19%
- YTD
- 3.87%
- 6M
- 3.59%
- 1Y
- 22.88%
- 3Y*
- 36.73%
- 5Y*
- 20.01%
- 10Y*
- 21.92%
LBRT vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LBRT Liberty Oilfield Services Inc. | 51.80% | -4.91% | 11.23% | 14.83% | 65.57% | -5.92% | -6.51% | -12.62% | -38.56% |
JPM JPMorgan Chase & Co. | 3.87% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -10.38% |
Correlation
The correlation between LBRT and JPM is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2018 | 0.37 |
Over the past year, the correlation between LBRT and JPM has dropped to 0.14 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
Fundamentals
LBRT:
$4.63B
JPM:
$926.06B
LBRT:
$0.91
JPM:
$21.08
LBRT:
30.64
JPM:
15.72
LBRT:
1.84
JPM:
1.74
LBRT:
1.14
JPM:
3.25
LBRT:
2.38
JPM:
2.69
LBRT:
$4.05B
JPM:
$285.09B
LBRT:
$433.12M
JPM:
$173.52B
LBRT:
$688.45M
JPM:
$81.46B
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Return for Risk
LBRT vs. JPM — Risk / Return Rank
LBRT
JPM
LBRT vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty Oilfield Services Inc. (LBRT) 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.
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.
| LBRT | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.19 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 5.01 | 1.49 | +3.53 |
| Martin ratioReturn relative to average drawdown | 12.16 | 3.50 | +8.66 |
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Drawdowns
LBRT vs. JPM - Drawdown Comparison
The maximum LBRT drawdown since its inception was -90.02%, which is greater than JPM's maximum drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for LBRT and JPM.
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Drawdown Indicators
| LBRT | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.02% | -76.16% | -13.86% |
Max Drawdown (1Y)Largest decline over 1 year | -23.79% | -15.47% | -8.32% |
Max Drawdown (3Y)Largest decline over 3 years | -58.84% | -24.42% | -34.42% |
Max Drawdown (5Y)Largest decline over 5 years | -58.84% | -38.77% | -20.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.63% | — |
Current DrawdownCurrent decline from peak | -17.68% | -0.59% | -17.09% |
Average DrawdownAverage peak-to-trough decline | -35.54% | -17.61% | -17.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.00% | 6.55% | +3.45% |
Volatility
LBRT vs. JPM - Volatility Comparison
Liberty Oilfield Services Inc. (LBRT) has a higher volatility of 15.68% compared to JPMorgan Chase & Co. (JPM) at 7.33%. This indicates that LBRT'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.
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Volatility by Period
| LBRT | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.68% | 7.33% | +8.35% |
Volatility (6M)Calculated over the trailing 6-month period | 36.64% | 17.13% | +19.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.30% | 22.15% | +40.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.71% | 24.47% | +30.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.71% | 27.44% | +37.27% |
Dividends
LBRT vs. JPM - Dividend Comparison
LBRT's dividend yield for the trailing twelve months is around 1.26%, less than JPM's 1.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.78% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
LBRT Liberty Oilfield Services Inc. | 1.26% | 1.79% | 1.46% | 1.21% | 0.31% | 0.00% | 0.48% | 1.80% | 0.77% | 0.00% | 0.00% | 0.00% |
Financials
LBRT vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between Liberty Oilfield Services Inc. and JPMorgan Chase & Co.. 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
LBRT vs. JPM - Profitability Comparison
LBRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported a gross profit of 63.31M and revenue of 1.02B. Therefore, the gross margin over that period was 6.2%.
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%.
LBRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported an operating income of 3.77M and revenue of 1.02B, resulting in an operating margin of 0.4%.
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%.
LBRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported a net income of 22.56M and revenue of 1.02B, resulting in a net margin of 2.2%.
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
LBRT and JPM have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LBRT has higher volatility (15.68%) compared to JPM (7.33%). In terms of maximum drawdown, LBRT dropped -90.02% vs JPM's -76.16%.
LBRT currently has the higher Sharpe Ratio (1.92 vs 1.04), 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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