PG vs. JNJ
PG (The Procter & Gamble Company) and JNJ (Johnson & Johnson) are both stocks. PG operates in Household & Personal Products (Consumer Defensive), while JNJ operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, PG returned 8.50%/yr vs 10.20%/yr for JNJ. At a 0.42 correlation, their price movements are largely independent.
Performance
PG vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, PG achieves a 4.82% return, which is significantly lower than JNJ's 20.69% return. Over the past 10 years, PG has underperformed JNJ with an annualized return of 8.50%, while JNJ has yielded a comparatively higher 10.20% annualized return.
PG
- 1D
- 1.35%
- 1M
- -1.60%
- 6M
- 2.65%
- YTD
- 4.82%
- 1Y
- -0.24%
- 3Y*
- 2.17%
- 5Y*
- 3.66%
- 10Y*
- 8.50%
JNJ
- 1D
- -2.69%
- 1M
- 4.82%
- 6M
- 14.28%
- YTD
- 20.69%
- 1Y
- 63.17%
- 3Y*
- 19.03%
- 5Y*
- 11.08%
- 10Y*
- 10.20%
PG vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 4.82% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
JNJ Johnson & Johnson | 20.69% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between PG and JNJ is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1970 | 0.42 |
Fundamentals
PG:
$344.66B
JNJ:
$594.63B
PG:
$5.24
JNJ:
$8.63
PG:
28.24
JNJ:
28.62
PG:
6.91
JNJ:
0.95
PG:
4.14
JNJ:
6.25
PG:
6.63
JNJ:
7.44
PG:
$86.72B
JNJ:
$96.36B
PG:
$43.64B
JNJ:
$66.60B
PG:
$22.63B
JNJ:
$31.62B
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Return for Risk
PG vs. JNJ — Risk / Return Rank
PG
JNJ
PG vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Procter & Gamble Company (PG) and Johnson & Johnson (JNJ). 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.
| PG | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.37 | ||
| Sortino ratioReturn per unit of downside risk | -4.65 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.59 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 5.79 | -5.81 |
| Martin ratioReturn relative to average drawdown | -0.03 | 16.55 | -16.58 |
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Drawdowns
PG vs. JNJ - Drawdown Comparison
The maximum PG drawdown since its inception was -54.25%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for PG and JNJ.
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Drawdown Indicators
| PG | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.25% | -50.67% | -3.58% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -10.96% | -4.56% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -15.95% | -5.20% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -18.41% | -5.36% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -27.37% | +3.60% |
Current DrawdownCurrent decline from peak | -14.20% | -7.57% | -6.63% |
Average DrawdownAverage peak-to-trough decline | -12.17% | -11.89% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.80% | 3.83% | +4.97% |
Volatility
PG vs. JNJ - Volatility Comparison
The current volatility for The Procter & Gamble Company (PG) is 7.13%, while Johnson & Johnson (JNJ) has a volatility of 9.51%. This indicates that PG experiences smaller price fluctuations and is considered to be less risky than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PG | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.13% | 9.51% | -2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 15.76% | 14.45% | +1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.54% | 18.96% | +0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.05% | 17.31% | +0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.14% | 18.69% | +0.45% |
Dividends
PG vs. JNJ - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 2.88%, more than JNJ's 2.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 2.12% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
PG The Procter & Gamble Company | 2.88% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
PG vs. JNJ - Financials Comparison
This section allows you to compare key financial metrics between The Procter & Gamble Company and Johnson & Johnson. 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
PG vs. JNJ - Profitability Comparison
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
Frequently Asked Questions
PG and JNJ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNJ has higher volatility (9.51%) compared to PG (7.13%). In terms of maximum drawdown, PG dropped -54.25% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.36 vs -0.01), 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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