SJM vs. QAT

Last updated Apr 1, 2026

Compare and contrast key facts about The J. M. Smucker Company (SJM) and iShares MSCI Qatar ETF (QAT).

QAT is a passively managed fund by iShares that tracks the performance of the MSCI All Qatar Capped Index. It was launched on Apr 29, 2014.

Performance

SJM vs. QAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The J. M. Smucker Company (SJM) and iShares MSCI Qatar ETF (QAT). The values are adjusted to include any dividend payments, if applicable.

SJM vs. QAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SJM The J. M. Smucker Company	-0.41%	-7.56%	-9.61%	-17.79%	20.06%	21.05%	14.50%	14.90%	-22.58%	-0.49%
QAT iShares MSCI Qatar ETF	-1.16%	8.81%	5.20%	2.72%	-7.23%	14.42%	6.94%	-0.44%	20.03%	-11.66%

Returns By Period

In the year-to-date period, SJM achieves a -0.41% return, which is significantly higher than QAT's -1.16% return. Over the past 10 years, SJM has underperformed QAT with an annualized return of -0.11%, while QAT has yielded a comparatively higher 3.21% annualized return.

SJM

• 1D: 1.33%
• 1M: -16.83%
• YTD: -0.41%
• 6M: -9.40%
• 1Y: -15.27%
• 3Y*: -11.89%
• 5Y*: -2.02%
• 10Y*: -0.11%

QAT

• 1D: 2.22%
• 1M: -4.42%
• YTD: -1.16%
• 6M: -3.61%
• 1Y: 8.10%
• 3Y*: 5.46%
• 5Y*: 3.59%
• 10Y*: 3.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SJM vs. QAT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SJM

SJM Risk / Return Rank: 17
SJM Sharpe Ratio Rank: 19
SJM Sortino Ratio Rank: 19
SJM Omega Ratio Rank: 19
SJM Calmar Ratio Rank: 18
SJM Martin Ratio Rank: 12

QAT

QAT Risk / Return Rank: 31
QAT Sharpe Ratio Rank: 34
QAT Sortino Ratio Rank: 31
QAT Omega Ratio Rank: 32
QAT Calmar Ratio Rank: 34
QAT Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SJM vs. QAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The J. M. Smucker Company (SJM) and iShares MSCI Qatar ETF (QAT). 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	QAT	Difference
Sharpe ratio Return per unit of total volatility	-0.51	0.62	-1.13
Sortino ratio Return per unit of downside risk	-0.52	0.86	-1.38
Omega ratio Gain probability vs. loss probability	0.93	1.13	-0.20
Calmar ratio Return relative to maximum drawdown	-0.70	0.82	-1.52
Martin ratio Return relative to average drawdown	-1.43	1.80	-3.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SJM vs. QAT - Sharpe Ratio Comparison

The current SJM Sharpe Ratio is -0.51, which is lower than the QAT Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of SJM and QAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SJM	QAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.51	0.62	-1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.09	0.24	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.00	0.18	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.07	+0.24

Correlation

The correlation between SJM and QAT is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SJM vs. QAT - Dividend Comparison

SJM's dividend yield for the trailing twelve months is around 4.54%, more than QAT's 3.55% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SJM The J. M. Smucker Company	4.54%	4.46%	3.89%	3.29%	2.54%	2.78%	3.08%	3.32%	3.49%	2.46%	2.22%	2.12%
QAT iShares MSCI Qatar ETF	3.55%	3.51%	5.90%	3.92%	4.78%	2.33%	2.63%	3.57%	4.63%	4.10%	3.51%	4.49%

Drawdowns

SJM vs. QAT - Drawdown Comparison

The maximum SJM drawdown since its inception was -45.67%, roughly equal to the maximum QAT drawdown of -45.21%. Use the drawdown chart below to compare losses from any high point for SJM and QAT.

Drawdown Indicators

	SJM	QAT	Difference
Max Drawdown Largest peak-to-trough decline	-45.67%	-45.21%	-0.46%
Max Drawdown (1Y) Largest decline over 1 year	-19.57%	-10.60%	-8.97%
Max Drawdown (5Y) Largest decline over 5 years	-36.66%	-33.17%	-3.49%
Max Drawdown (10Y) Largest decline over 10 years	-36.71%	-34.04%	-2.67%
Current Drawdown Current decline from peak	-33.34%	-13.45%	-19.89%
Average Drawdown Average peak-to-trough decline	-13.37%	-19.29%	+5.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.61%	4.81%	+4.80%

Volatility

SJM vs. QAT - Volatility Comparison

The J. M. Smucker Company (SJM) has a higher volatility of 5.42% compared to iShares MSCI Qatar ETF (QAT) at 5.05%. This indicates that SJM's price experiences larger fluctuations and is considered to be riskier than QAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SJM	QAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.42%	5.05%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	18.25%	9.07%	+9.18%
Volatility (1Y) Calculated over the trailing 1-year period	29.95%	13.22%	+16.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.60%	14.84%	+8.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.24%	17.60%	+6.64%