MDT vs. JPM
MDT (Medtronic plc) and JPM (JPMorgan Chase & Co.) are both stocks. MDT operates in Medical Devices (Healthcare), while JPM operates in Banks - Diversified (Financial Services). Over the past 10 years, MDT returned 2.00%/yr vs 21.02%/yr for JPM. At a 0.31 correlation, their price movements are largely independent.
Performance
MDT vs. JPM - Performance Comparison
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Returns By Period
In the year-to-date period, MDT achieves a -15.83% return, which is significantly lower than JPM's 0.50% return. Over the past 10 years, MDT has underperformed JPM with an annualized return of 2.00%, while JPM has yielded a comparatively higher 21.02% annualized return.
MDT
- 1D
- -0.16%
- 1M
- 5.24%
- YTD
- -15.83%
- 6M
- -18.44%
- 1Y
- -6.49%
- 3Y*
- 1.02%
- 5Y*
- -5.47%
- 10Y*
- 2.00%
JPM
- 1D
- 2.31%
- 1M
- 6.82%
- YTD
- 0.50%
- 6M
- 1.66%
- 1Y
- 21.89%
- 3Y*
- 34.22%
- 5Y*
- 17.82%
- 10Y*
- 21.02%
MDT vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | -15.83% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
JPM JPMorgan Chase & Co. | 0.50% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
Correlation
The correlation between MDT and JPM is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1983 | 0.31 |
The correlation between MDT and JPM shifts across timeframes, from 0.18 (1 year) to 0.36 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MDT:
$103.31B
JPM:
$896.00B
MDT:
$3.58
JPM:
$21.08
MDT:
22.38
JPM:
15.21
MDT:
2.02
JPM:
1.68
MDT:
2.91
JPM:
3.14
MDT:
$35.48B
JPM:
$285.09B
MDT:
$5.78B
JPM:
$173.52B
MDT:
$7.11B
JPM:
$81.46B
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Return for Risk
MDT vs. JPM — Risk / Return Rank
MDT
JPM
MDT vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Medtronic plc (MDT) 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.
| MDT | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.76 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.18 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | 1.42 | -1.65 |
| Martin ratioReturn relative to average drawdown | -0.56 | 3.36 | -3.92 |
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Drawdowns
MDT vs. JPM - Drawdown Comparison
The maximum MDT drawdown since its inception was -57.63%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for MDT and JPM.
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Drawdown Indicators
| MDT | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.63% | -76.16% | +18.53% |
Max Drawdown (1Y)Largest decline over 1 year | -28.90% | -15.47% | -13.43% |
Max Drawdown (3Y)Largest decline over 3 years | -28.90% | -24.42% | -4.48% |
Max Drawdown (5Y)Largest decline over 5 years | -45.10% | -38.77% | -6.33% |
Max Drawdown (10Y)Largest decline over 10 years | -45.10% | -43.63% | -1.47% |
Current DrawdownCurrent decline from peak | -31.23% | -3.66% | -27.57% |
Average DrawdownAverage peak-to-trough decline | -16.55% | -17.62% | +1.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.52% | 6.54% | +4.98% |
Volatility
MDT vs. JPM - Volatility Comparison
Medtronic plc (MDT) has a higher volatility of 9.32% compared to JPMorgan Chase & Co. (JPM) at 6.35%. This indicates that MDT'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
| MDT | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.32% | 6.35% | +2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 16.28% | 16.67% | -0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.07% | 21.76% | -0.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.93% | 24.46% | -2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.25% | 27.39% | -4.14% |
Dividends
MDT vs. JPM - Dividend Comparison
MDT's dividend yield for the trailing twelve months is around 3.54%, more than JPM's 1.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.84% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
MDT Medtronic plc | 3.54% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
Financials
MDT vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between Medtronic plc 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
Frequently Asked Questions
MDT and JPM have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDT has higher volatility (9.32%) compared to JPM (6.35%). In terms of maximum drawdown, MDT dropped -57.63% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (1.01 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.
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