RJF vs. MSFT
RJF (Raymond James Financial, Inc.) and MSFT (Microsoft Corporation) are both stocks. RJF operates in Capital Markets (Financial Services), while MSFT operates in Software - Infrastructure (Technology). Over the past 10 years, RJF returned 19.04%/yr vs 24.97%/yr for MSFT. Their 0.33 correlation means their historical movements had little consistent relationship.
Performance
RJF vs. MSFT - Performance Comparison
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Returns By Period
In the year-to-date period, RJF achieves a 10.76% return, which is significantly higher than MSFT's -3.48% return. Over the past 10 years, RJF has underperformed MSFT with an annualized return of 19.04%, while MSFT has yielded a comparatively higher 24.97% annualized return.
RJF
- 1D
- 0.58%
- 1M
- 8.19%
- 6M
- 6.88%
- YTD
- 10.76%
- 1Y
- 9.42%
- 3Y*
- 18.82%
- 5Y*
- 16.98%
- 10Y*
- 19.04%
- ALL TIME*
- 19.09%
MSFT
- 1D
- 3.02%
- 1M
- 19.01%
- 6M
- 8.48%
- YTD
- -3.48%
- 1Y
- -10.62%
- 3Y*
- 12.25%
- 5Y*
- 11.19%
- 10Y*
- 24.97%
- ALL TIME*
- 25.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $17.39B | $14.79B | $16.23B | |
| $229.56M | $215.33M | $222.22M |
RJF vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RJF Raymond James Financial, Inc. | 10.76% | 4.74% | 40.83% | 6.12% | 8.32% | 59.48% | 8.70% | 22.80% | -15.65% | 29.99% |
MSFT Microsoft Corporation | -3.48% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
Correlation
The correlation between RJF and MSFT is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.35 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.36 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987 | 0.33 |
The correlation between RJF and MSFT shifts across timeframes, from 0.23 (1 year) to 0.36 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
RJF:
$33.81B
MSFT:
$3.45T
RJF:
$11.47
MSFT:
$17.94
RJF:
15.35
MSFT:
25.91
RJF:
1.31
MSFT:
1.50
RJF:
2.09
MSFT:
10.44
RJF:
$16.93B
MSFT:
$331.84B
RJF:
$11.26B
MSFT:
$225.47B
RJF:
$2.35B
MSFT:
$207.52B
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Return for Risk
RJF vs. MSFT — Risk / Return Rank
RJF
MSFT
RJF vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Raymond James Financial, Inc. (RJF) and Microsoft Corporation (MSFT). 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.
| RJF | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.95 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | -0.35 | +0.70 |
| Martin ratioReturn relative to average drawdown | 0.70 | -0.63 | +1.33 |
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Drawdowns
RJF vs. MSFT - Drawdown Comparison
The maximum RJF drawdown since its inception was -69.68%, roughly equal to the maximum MSFT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for RJF and MSFT.
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Drawdown Indicators
| RJF | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.68% | -69.38% | -0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -19.64% | -34.50% | +14.86% |
Max Drawdown (3Y)Largest decline over 3 years | -28.12% | -34.50% | +6.38% |
Max Drawdown (5Y)Largest decline over 5 years | -32.11% | -37.15% | +5.04% |
Max Drawdown (10Y)Largest decline over 10 years | -45.59% | -37.15% | -8.44% |
Current DrawdownCurrent decline from peak | -0.68% | -13.73% | +13.05% |
Average DrawdownAverage peak-to-trough decline | -14.60% | -21.80% | +7.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.71% | 19.35% | -9.64% |
Volatility
RJF vs. MSFT - Volatility Comparison
The current volatility for Raymond James Financial, Inc. (RJF) is 6.24%, while Microsoft Corporation (MSFT) has a volatility of 15.97%. This indicates that RJF experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RJF | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 15.97% | -9.73% |
Volatility (6M)Calculated over the trailing 6-month period | 20.13% | 26.41% | -6.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.37% | 31.93% | -6.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.96% | 28.00% | -0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.81% | 27.62% | +3.19% |
Dividends
RJF vs. MSFT - Dividend Comparison
RJF's dividend yield for the trailing twelve months is around 1.20%, more than MSFT's 0.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | 0.77% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
RJF Raymond James Financial, Inc. | 1.20% | 1.25% | 0.87% | 1.53% | 1.67% | 1.04% | 1.16% | 1.93% | 1.48% | 0.74% | 1.18% | 1.28% |
Financials
RJF vs. MSFT - Financials Comparison
This section allows you to compare key financial metrics between Raymond James Financial, Inc. and Microsoft Corporation. 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
RJF vs. MSFT - Profitability Comparison
RJF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Raymond James Financial, Inc. reported a gross profit of 0.00 and revenue of 4.36B. Therefore, the gross margin over that period was 0.0%.
MSFT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Microsoft Corporation reported a gross profit of 60.48B and revenue of 90.01B. Therefore, the gross margin over that period was 67.2%.
RJF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Raymond James Financial, Inc. reported an operating income of 0.00 and revenue of 4.36B, resulting in an operating margin of 0.0%.
MSFT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Microsoft Corporation reported an operating income of 40.60B and revenue of 90.01B, resulting in an operating margin of 45.1%.
RJF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Raymond James Financial, Inc. reported a net income of 595.00M and revenue of 4.36B, resulting in a net margin of 13.6%.
MSFT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Microsoft Corporation reported a net income of 35.77B and revenue of 90.01B, resulting in a net margin of 39.7%.
Frequently Asked Questions
RJF and MSFT have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFT has higher volatility (15.97%) compared to RJF (6.24%). In terms of maximum drawdown, RJF dropped -69.68% vs MSFT's -69.38%.
RJF currently has the higher Sharpe Ratio (0.27 vs -0.39), 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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