SJT vs. LOW

Last updated Jun 3, 2026

SJT (San Juan Basin Royalty Trust) and LOW (Lowe's Companies, Inc.) are both stocks. SJT operates in Oil & Gas E&P (Energy), while LOW operates in Home Improvement Retail (Consumer Cyclical). Over the past 10 years, SJT returned 1.07%/yr vs 12.01%/yr for LOW. At a 0.09 correlation, their price movements are largely independent.

Performance

SJT vs. LOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in San Juan Basin Royalty Trust (SJT) and Lowe's Companies, Inc. (LOW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SJT achieves a -32.03% return, which is significantly lower than LOW's -13.52% return. Over the past 10 years, SJT has underperformed LOW with an annualized return of 1.07%, while LOW has yielded a comparatively higher 12.01% annualized return.

SJT

• 1D: -0.52%
• 1M: -12.39%
• YTD: -32.03%
• 6M: -30.80%
• 1Y: -41.95%
• 3Y*: -21.74%
• 5Y*: 0.77%
• 10Y*: 1.07%

LOW

• 1D: -0.51%
• 1M: -11.44%
• YTD: -13.52%
• 6M: -14.23%
• 1Y: -6.57%
• 3Y*: 1.45%
• 5Y*: 3.61%
• 10Y*: 12.01%

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

SJT vs. LOW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SJT San Juan Basin Royalty Trust	-32.03%	46.74%	-22.92%	-50.02%	120.63%	163.80%	11.80%	-45.15%	-38.19%	39.22%
LOW Lowe's Companies, Inc.	-13.52%	-0.33%	13.01%	14.03%	-21.49%	63.34%	36.40%	32.23%	1.22%	33.29%

Correlation

The correlation between SJT and LOW is -0.06, 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	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Oct 30, 1987	0.09

The correlation between SJT and LOW shifts across timeframes, from -0.06 (1 year) to 0.10 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS SJT : -$0.01 LOW : $11.86
PS Ratio SJT : 36.59K LOW : 1.31
Total Revenue (TTM) SJT : $3.65K LOW : $88.43B
Gross Profit (TTM) SJT : $3.65K LOW : $29.89B
EBITDA (TTM) SJT : -$2.45K LOW : $11.50B

Return for Risk

SJT vs. LOW — Risk / Return Rank

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

SJT

SJT Risk / Return Rank: 4
SJT Sharpe Ratio Rank: 2
SJT Sortino Ratio Rank: 3
SJT Omega Ratio Rank: 5
SJT Calmar Ratio Rank: 6
SJT Martin Ratio Rank: 1

LOW

LOW Risk / Return Rank: 28
LOW Sharpe Ratio Rank: 30
LOW Sortino Ratio Rank: 25
LOW Omega Ratio Rank: 26
LOW Calmar Ratio Rank: 32
LOW Martin Ratio Rank: 30

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.

SJT vs. LOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for San Juan Basin Royalty Trust (SJT) and Lowe's Companies, Inc. (LOW). 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.

	SJT	LOW	Difference
Sharpe ratio Return per unit of total volatility	-1.18	-0.26	-0.92
Sortino ratio Return per unit of downside risk	-1.77	-0.20	-1.57
Omega ratio Gain probability vs. loss probability	0.80	0.98	-0.18
Calmar ratio Return relative to maximum drawdown	-0.89	-0.24	-0.65
Martin ratio Return relative to average drawdown	-1.84	-0.58	-1.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SJT vs. LOW - Sharpe Ratio Comparison

The current SJT Sharpe Ratio is -1.18, which is lower than the LOW Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of SJT and LOW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SJT	LOW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.18	-0.26	-0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	0.14	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.02	0.41	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.46	-0.31

Drawdowns

SJT vs. LOW - Drawdown Comparison

The maximum SJT drawdown since its inception was -92.82%, which is greater than LOW's maximum drawdown of -62.52%. Use the drawdown chart below to compare losses from any high point for SJT and LOW.

Drawdown Indicators

	SJT	LOW	Difference
Max Drawdown Largest peak-to-trough decline	-92.82%	-62.52%	-30.30%
Max Drawdown (1Y) Largest decline over 1 year	-44.07%	-27.75%	-16.32%
Max Drawdown (3Y) Largest decline over 3 years	-60.59%	-27.75%	-32.84%
Max Drawdown (5Y) Largest decline over 5 years	-73.47%	-33.86%	-39.61%
Max Drawdown (10Y) Largest decline over 10 years	-81.54%	-48.63%	-32.91%
Current Drawdown Current decline from peak	-73.27%	-27.75%	-45.52%
Average Drawdown Average peak-to-trough decline	-37.63%	-16.59%	-21.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.25%	11.49%	+9.76%

Volatility

SJT vs. LOW - Volatility Comparison

San Juan Basin Royalty Trust (SJT) has a higher volatility of 12.37% compared to Lowe's Companies, Inc. (LOW) at 8.21%. This indicates that SJT's price experiences larger fluctuations and is considered to be riskier than LOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SJT	LOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.37%	8.21%	+4.16%
Volatility (6M) Calculated over the trailing 6-month period	23.73%	19.95%	+3.78%
Volatility (1Y) Calculated over the trailing 1-year period	35.96%	25.70%	+10.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.23%	26.14%	+22.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.32%	29.14%	+20.18%

Dividends

SJT vs. LOW - Dividend Comparison

SJT has not paid dividends to shareholders, while LOW's dividend yield for the trailing twelve months is around 2.32%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LOW Lowe's Companies, Inc.	2.32%	1.95%	1.82%	1.93%	1.86%	1.08%	1.40%	1.72%	1.93%	1.64%	1.77%	1.34%
SJT San Juan Basin Royalty Trust	0.00%	0.00%	2.89%	21.81%	14.58%	12.67%	5.96%	6.85%	8.03%	10.19%	5.05%	8.81%

Financials

Frequently Asked Questions

Can I hold both SJT and LOW in my portfolio?

SJT and LOW have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SJT or LOW?

SJT has higher volatility (12.37%) compared to LOW (8.21%). In terms of maximum drawdown, SJT dropped -92.82% vs LOW's -62.52%.

Which has better risk-adjusted returns?

LOW currently has the higher Sharpe Ratio (-0.26 vs -1.18), 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.