SNDK vs. JPM

Last updated Jun 9, 2026

SNDK (Sandisk Corporation) and JPM (JPMorgan Chase & Co.) are both stocks. SNDK operates in Computer Hardware (Technology), while JPM operates in Banks - Diversified (Financial Services). Over the past year, SNDK returned 4094.13% vs 19.35% for JPM. At a 0.24 correlation, their price movements are largely independent.

Performance

SNDK vs. JPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sandisk Corporation (SNDK) and JPMorgan Chase & Co. (JPM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNDK achieves a 591.72% return, which is significantly higher than JPM's -2.52% return.

SNDK

• 1D: 5.30%
• 1M: 5.10%
• YTD: 591.72%
• 6M: 628.26%
• 1Y: 4,094.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPM

• 1D: -0.40%
• 1M: 2.98%
• YTD: -2.52%
• 6M: -0.35%
• 1Y: 19.35%
• 3Y*: 33.18%
• 5Y*: 16.72%
• 10Y*: 20.32%

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

SNDK vs. JPM - Yearly Performance Comparison

	2026 (YTD)	2025
SNDK Sandisk Corporation	591.72%	388.44%
JPM JPMorgan Chase & Co.	-2.52%	25.26%

Correlation

The correlation between SNDK and JPM is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Feb 25, 2025	0.24

Fundamentals

Market Cap SNDK : $257.79B JPM : $869.15B
EPS SNDK : $29.70 JPM : $21.08
PE Ratio SNDK : 55.29 JPM : 14.76
PS Ratio SNDK : 18.90 JPM : 3.05
PB Ratio SNDK : 18.71 JPM : 2.53
Total Revenue (TTM) SNDK : $13.18B JPM : $285.09B
Gross Profit (TTM) SNDK : $7.39B JPM : $173.52B
EBITDA (TTM) SNDK : $5.37B JPM : $81.46B

Return for Risk

SNDK vs. JPM — Risk / Return Rank

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

SNDK

SNDK Risk / Return Rank: 100
SNDK Sharpe Ratio Rank: 100
SNDK Sortino Ratio Rank: 99
SNDK Omega Ratio Rank: 99
SNDK Calmar Ratio Rank: 100
SNDK Martin Ratio Rank: 100

JPM

JPM Risk / Return Rank: 66
JPM Sharpe Ratio Rank: 70
JPM Sortino Ratio Rank: 62
JPM Omega Ratio Rank: 62
JPM Calmar Ratio Rank: 66
JPM Martin Ratio Rank: 67

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.

SNDK vs. JPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sandisk Corporation (SNDK) 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.

	SNDK	JPM	Difference
Sharpe ratio: Return per unit of total volatility	42.05	0.90	+41.15
Sortino ratio: Return per unit of downside risk	8.07	1.30	+6.77
Omega ratio: Gain probability vs. loss probability	2.12	1.17	+0.95
Calmar ratio: Return relative to maximum drawdown	132.65	1.26	+131.39
Martin ratio: Return relative to average drawdown	403.29	2.98	+400.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNDK vs. JPM - Sharpe Ratio Comparison

The current SNDK Sharpe Ratio is 42.05, which is higher than the JPM Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of SNDK and JPM, 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

	SNDK	JPM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	42.05	0.90	+41.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	15.00	0.34	+14.66

Drawdowns

SNDK vs. JPM - Drawdown Comparison

The maximum SNDK drawdown since its inception was -47.50%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for SNDK and JPM.

Drawdown Indicators

	SNDK	JPM	Difference
Max Drawdown Largest peak-to-trough decline	-47.50%	-76.16%	+28.66%
Max Drawdown (1Y) Largest decline over 1 year	-31.34%	-15.47%	-15.87%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.77%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.63%	—
Current Drawdown Current decline from peak	-10.35%	-6.55%	-3.80%
Average Drawdown Average peak-to-trough decline	-13.75%	-17.62%	+3.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.29%	6.50%	+3.79%

Volatility

SNDK vs. JPM - Volatility Comparison

Sandisk Corporation (SNDK) has a higher volatility of 28.48% compared to JPMorgan Chase & Co. (JPM) at 6.40%. This indicates that SNDK'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.

Volatility by Period

	SNDK	JPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.48%	6.40%	+22.08%
Volatility (6M) Calculated over the trailing 6-month period	71.36%	17.38%	+53.98%
Volatility (1Y) Calculated over the trailing 1-year period	99.05%	21.62%	+77.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.38%	24.45%	+72.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.38%	27.40%	+69.98%

Dividends

SNDK vs. JPM - Dividend Comparison

SNDK has not paid dividends to shareholders, while JPM's dividend yield for the trailing twelve months is around 1.90%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPM JPMorgan Chase & Co.	1.90%	1.72%	1.92%	2.38%	2.98%	2.34%	2.83%	2.37%	2.54%	1.91%	2.13%	2.54%
SNDK Sandisk Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

SNDK vs. JPM - Profitability Comparison

The chart below illustrates the profitability comparison between Sandisk Corporation and JPMorgan Chase & Co. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SNDK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported a gross profit of 4.66B and revenue of 5.95B. Therefore, the gross margin over that period was 78.4%.

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%.

SNDK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported an operating income of 4.11B and revenue of 5.95B, resulting in an operating margin of 69.1%.

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%.

SNDK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported a net income of 3.62B and revenue of 5.95B, resulting in a net margin of 60.8%.

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

Can I hold both SNDK and JPM in my portfolio?

SNDK and JPM have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNDK or JPM?

SNDK has higher volatility (28.48%) compared to JPM (6.40%). In terms of maximum drawdown, SNDK dropped -47.50% vs JPM's -76.16%.

Which has better risk-adjusted returns?

SNDK currently has the higher Sharpe Ratio (42.05 vs 0.90), 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.