PNNT vs. JPM
PNNT (PennantPark Investment Corporation) and JPM (JPMorgan Chase & Co.) are both stocks. Both are in the Financial Services sector — PNNT in Asset Management, JPM in Banks - Diversified. Over the past 10 years, PNNT returned 7.07%/yr vs 21.02%/yr for JPM. At a 0.42 correlation, their price movements are largely independent.
Performance
PNNT vs. JPM - Performance Comparison
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Returns By Period
In the year-to-date period, PNNT achieves a -29.84% return, which is significantly lower than JPM's 0.50% return. Over the past 10 years, PNNT has underperformed JPM with an annualized return of 7.07%, while JPM has yielded a comparatively higher 21.02% annualized return.
PNNT
- 1D
- 1.58%
- 1M
- -8.53%
- YTD
- -29.84%
- 6M
- -27.65%
- 1Y
- -33.82%
- 3Y*
- 0.38%
- 5Y*
- 0.83%
- 10Y*
- 7.07%
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%
PNNT vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNNT PennantPark Investment Corporation | -29.84% | -2.96% | 16.56% | 37.25% | -8.90% | 61.71% | -17.99% | 14.30% | 2.05% | -0.65% |
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 PNNT and JPM is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2007 | 0.42 |
The correlation between PNNT and JPM shifts across timeframes, from 0.27 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PNNT:
$302.41
JPM:
$21.08
PNNT:
0.01
JPM:
15.21
PNNT:
0.00
JPM:
1.68
PNNT:
2.20
JPM:
3.14
PNNT:
$85.01M
JPM:
$285.09B
PNNT:
$24.12M
JPM:
$173.52B
PNNT:
$16.10M
JPM:
$81.46B
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Return for Risk
PNNT vs. JPM — Risk / Return Rank
PNNT
JPM
PNNT vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PennantPark Investment Corporation (PNNT) 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.
| PNNT | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.26 | ||
| Sortino ratioReturn per unit of downside risk | -3.14 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.18 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 1.42 | -2.22 |
| Martin ratioReturn relative to average drawdown | -1.65 | 3.36 | -5.00 |
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Drawdowns
PNNT vs. JPM - Drawdown Comparison
The maximum PNNT drawdown since its inception was -82.16%, which is greater than JPM's maximum drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for PNNT and JPM.
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Drawdown Indicators
| PNNT | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.16% | -76.16% | -6.00% |
Max Drawdown (1Y)Largest decline over 1 year | -42.61% | -15.47% | -27.14% |
Max Drawdown (3Y)Largest decline over 3 years | -42.61% | -24.42% | -18.19% |
Max Drawdown (5Y)Largest decline over 5 years | -42.61% | -38.77% | -3.84% |
Max Drawdown (10Y)Largest decline over 10 years | -69.14% | -43.63% | -25.51% |
Current DrawdownCurrent decline from peak | -40.28% | -3.66% | -36.62% |
Average DrawdownAverage peak-to-trough decline | -15.29% | -17.62% | +2.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.58% | 6.54% | +14.04% |
Volatility
PNNT vs. JPM - Volatility Comparison
PennantPark Investment Corporation (PNNT) has a higher volatility of 9.97% compared to JPMorgan Chase & Co. (JPM) at 6.35%. This indicates that PNNT'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
| PNNT | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.97% | 6.35% | +3.62% |
Volatility (6M)Calculated over the trailing 6-month period | 23.95% | 16.67% | +7.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.06% | 21.76% | +5.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.79% | 24.46% | -0.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.76% | 27.39% | +5.37% |
Dividends
PNNT vs. JPM - Dividend Comparison
PNNT's dividend yield for the trailing twelve months is around 24.94%, 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% |
PNNT PennantPark Investment Corporation | 24.94% | 16.11% | 12.85% | 11.65% | 10.43% | 6.93% | 11.71% | 11.03% | 11.30% | 10.42% | 14.62% | 18.12% |
Financials
PNNT vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between PennantPark Investment Corporation 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
PNNT and JPM have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PNNT has higher volatility (9.97%) compared to JPM (6.35%). In terms of maximum drawdown, PNNT dropped -82.16% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (1.01 vs -1.25), 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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