RIO.L vs. JPM
RIO.L (Rio Tinto PLC) and JPM (JPMorgan Chase & Co.) are both stocks. RIO.L operates in Other Industrial Metals & Mining (Basic Materials), while JPM operates in Banks - Diversified (Financial Services). Over the past 10 years, RIO.L returned 23.48%/yr vs 21.65%/yr for JPM. At a 0.21 correlation, their price movements are largely independent.
Performance
RIO.L vs. JPM - Performance Comparison
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Different Trading Currencies
RIO.L is traded in GBp, while JPM is traded in USD. To make them comparable, the JPM values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, RIO.L achieves a 33.94% return, which is significantly higher than JPM's 1.01% return. Over the past 10 years, RIO.L has outperformed JPM with an annualized return of 23.48%, while JPM has yielded a comparatively lower 21.65% annualized return.
RIO.L
- 1D
- 2.90%
- 1M
- -5.54%
- YTD
- 33.94%
- 6M
- 43.64%
- 1Y
- 91.04%
- 3Y*
- 21.77%
- 5Y*
- 13.58%
- 10Y*
- 23.48%
JPM
- 1D
- 2.40%
- 1M
- 7.76%
- YTD
- 1.01%
- 6M
- 1.41%
- 1Y
- 23.82%
- 3Y*
- 31.52%
- 5Y*
- 19.04%
- 10Y*
- 21.65%
RIO.L vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RIO.L Rio Tinto PLC | 33.94% | 34.77% | -13.38% | 6.96% | 32.01% | 0.26% | 30.37% | 28.27% | 0.31% | 31.42% |
JPM JPMorgan Chase & Co. | 1.01% | 27.49% | 46.81% | 24.10% | -2.25% | 28.96% | -8.31% | 41.66% | -1.09% | 15.80% |
Correlation
The correlation between RIO.L and JPM is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.21 |
The correlation between RIO.L and JPM shifts across timeframes, from 0.09 (3 years) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
RIO.L:
£128.03B
JPM:
$896.00B
RIO.L:
$13.15
JPM:
$21.08
RIO.L:
7.96
JPM:
15.21
RIO.L:
1.54
JPM:
3.14
RIO.L:
2.76
JPM:
2.60
RIO.L:
$111.44B
JPM:
$285.09B
RIO.L:
$45.93B
JPM:
$173.52B
RIO.L:
$44.33B
JPM:
$81.46B
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Return for Risk
RIO.L vs. JPM — Risk / Return Rank
RIO.L
JPM
RIO.L vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rio Tinto PLC (RIO.L) 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.
| RIO.L | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.44 | ||
| Sortino ratioReturn per unit of downside risk | +2.79 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.20 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 6.47 | 1.65 | +4.82 |
| Martin ratioReturn relative to average drawdown | 25.01 | 3.70 | +21.31 |
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Drawdowns
RIO.L vs. JPM - Drawdown Comparison
The maximum RIO.L drawdown since its inception was -85.07%, which is greater than JPM's maximum drawdown of -59.49%. Use the drawdown chart below to compare losses from any high point for RIO.L and JPM.
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Drawdown Indicators
| RIO.L | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.07% | -59.49% | -25.58% |
Max Drawdown (1Y)Largest decline over 1 year | -13.99% | -14.47% | +0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -24.61% | -26.29% | +1.68% |
Max Drawdown (5Y)Largest decline over 5 years | -26.63% | -26.29% | -0.34% |
Max Drawdown (10Y)Largest decline over 10 years | -35.65% | -36.21% | +0.56% |
Current DrawdownCurrent decline from peak | -5.95% | -2.97% | -2.98% |
Average DrawdownAverage peak-to-trough decline | -19.53% | -9.72% | -9.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 6.45% | -2.82% |
Volatility
RIO.L vs. JPM - Volatility Comparison
Rio Tinto PLC (RIO.L) has a higher volatility of 9.91% compared to JPMorgan Chase & Co. (JPM) at 6.05%. This indicates that RIO.L'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
| RIO.L | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.91% | 6.05% | +3.86% |
Volatility (6M)Calculated over the trailing 6-month period | 21.46% | 16.29% | +5.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.58% | 21.69% | +3.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.43% | 23.99% | +2.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.46% | 27.39% | +1.07% |
Dividends
RIO.L vs. JPM - Dividend Comparison
RIO.L's dividend yield for the trailing twelve months is around 3.84%, 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% |
RIO.L Rio Tinto PLC | 3.84% | 4.75% | 7.16% | 5.53% | 9.90% | 14.14% | 5.43% | 5.76% | 6.07% | 4.66% | 3.42% | 7.42% |
Financials
RIO.L vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between Rio Tinto 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
RIO.L vs. JPM - Profitability Comparison
RIO.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rio Tinto PLC reported a gross profit of 8.22B and revenue of 30.91B. Therefore, the gross margin over that period was 26.6%.
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%.
RIO.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rio Tinto PLC reported an operating income of 8.22B and revenue of 30.91B, resulting in an operating margin of 26.6%.
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%.
RIO.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rio Tinto PLC reported a net income of 5.46B and revenue of 30.91B, resulting in a net margin of 17.7%.
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
RIO.L and JPM have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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