SJM vs. FLOT
SJM (The J. M. Smucker Company) is a stock, while FLOT (iShares Floating Rate Bond ETF) is Corporate Bonds fund tracking the Bloomberg US Floating Rate Notes (<5 Y). Over the past 10 years, SJM returned 0.50%/yr vs 3.03%/yr for FLOT. At a 0.04 correlation, their price movements are largely independent.
Performance
SJM vs. FLOT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SJM achieves a 5.73% return, which is significantly higher than FLOT's 1.89% return. Over the past 10 years, SJM has underperformed FLOT with an annualized return of 0.50%, while FLOT has yielded a comparatively higher 3.03% annualized return.
SJM
- 1D
- 0.80%
- 1M
- 5.66%
- YTD
- 5.73%
- 6M
- 3.05%
- 1Y
- -6.22%
- 3Y*
- -8.65%
- 5Y*
- -2.97%
- 10Y*
- 0.50%
FLOT
- 1D
- 0.04%
- 1M
- 0.51%
- YTD
- 1.89%
- 6M
- 2.21%
- 1Y
- 4.91%
- 3Y*
- 5.65%
- 5Y*
- 4.20%
- 10Y*
- 3.03%
SJM vs. FLOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SJM The J. M. Smucker Company | 5.73% | -7.56% | -9.61% | -17.79% | 20.06% | 21.05% | 14.50% | 14.90% | -22.58% | -0.49% |
FLOT iShares Floating Rate Bond ETF | 1.89% | 4.91% | 6.53% | 6.43% | 1.28% | 0.45% | 0.87% | 3.97% | 1.48% | 1.65% |
Correlation
The correlation between SJM and FLOT is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2011 | 0.04 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SJM vs. FLOT — Risk / Return Rank
SJM
FLOT
SJM vs. FLOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The J. M. Smucker Company (SJM) and iShares Floating Rate Bond ETF (FLOT). 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.
| SJM | FLOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.89 | ||
| Sortino ratioReturn per unit of downside risk | -12.24 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 3.31 | -2.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 11.42 | -11.69 |
| Martin ratioReturn relative to average drawdown | -0.62 | 106.82 | -107.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SJM | FLOT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.21 | 6.68 | -6.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 2.38 | -2.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.02 | 0.73 | -0.71 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.66 | -0.35 |
Drawdowns
SJM vs. FLOT - Drawdown Comparison
The maximum SJM drawdown since its inception was -45.67%, which is greater than FLOT's maximum drawdown of -13.54%. Use the drawdown chart below to compare losses from any high point for SJM and FLOT.
Loading charts...
Drawdown Indicators
| SJM | FLOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.67% | -13.54% | -32.13% |
Max Drawdown (1Y)Largest decline over 1 year | -22.82% | -0.43% | -22.39% |
Max Drawdown (3Y)Largest decline over 3 years | -35.35% | -1.57% | -33.78% |
Max Drawdown (5Y)Largest decline over 5 years | -38.11% | -2.36% | -35.75% |
Max Drawdown (10Y)Largest decline over 10 years | -38.11% | -13.54% | -24.57% |
Current DrawdownCurrent decline from peak | -29.22% | 0.00% | -29.22% |
Average DrawdownAverage peak-to-trough decline | -13.47% | -0.21% | -13.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.03% | 0.05% | +9.98% |
Volatility
SJM vs. FLOT - Volatility Comparison
The J. M. Smucker Company (SJM) has a higher volatility of 6.55% compared to iShares Floating Rate Bond ETF (FLOT) at 0.18%. This indicates that SJM's price experiences larger fluctuations and is considered to be riskier than FLOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SJM | FLOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 0.18% | +6.37% |
Volatility (6M)Calculated over the trailing 6-month period | 17.81% | 0.62% | +17.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.75% | 0.74% | +29.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.77% | 1.77% | +22.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.31% | 4.15% | +20.16% |
Dividends
SJM vs. FLOT - Dividend Comparison
SJM's dividend yield for the trailing twelve months is around 4.34%, less than FLOT's 4.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLOT iShares Floating Rate Bond ETF | 4.53% | 4.84% | 5.82% | 5.66% | 2.06% | 0.43% | 1.25% | 2.78% | 2.41% | 1.46% | 0.97% | 0.53% |
SJM The J. M. Smucker Company | 4.34% | 4.46% | 3.89% | 3.29% | 2.54% | 2.78% | 3.08% | 3.32% | 3.49% | 2.46% | 2.22% | 2.12% |
Frequently Asked Questions
SJM and FLOT have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SJM has higher volatility (6.55%) compared to FLOT (0.18%). In terms of maximum drawdown, SJM dropped -45.67% vs FLOT's -13.54%.
FLOT currently has the higher Sharpe Ratio (6.68 vs -0.21), 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.
Find the right allocation for SJM and FLOT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer