TFC vs. JPM
TFC (Truist Financial Corporation) and JPM (JPMorgan Chase & Co.) are both stocks. Both are in the Financial Services sector — TFC in Banks - Regional, JPM in Banks - Diversified. Over the past 10 years, TFC returned 6.93%/yr vs 19.77%/yr for JPM. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
TFC vs. JPM - Performance Comparison
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Returns By Period
In the year-to-date period, TFC achieves a -1.64% return, which is significantly higher than JPM's -5.73% return. Over the past 10 years, TFC has underperformed JPM with an annualized return of 6.93%, while JPM has yielded a comparatively higher 19.77% annualized return.
TFC
- 1D
- -1.45%
- 1M
- -3.15%
- YTD
- -1.64%
- 6M
- 2.08%
- 1Y
- 25.11%
- 3Y*
- 19.93%
- 5Y*
- 0.01%
- 10Y*
- 6.93%
JPM
- 1D
- -0.04%
- 1M
- -2.21%
- YTD
- -5.73%
- 6M
- -2.68%
- 1Y
- 15.18%
- 3Y*
- 31.87%
- 5Y*
- 15.45%
- 10Y*
- 19.77%
TFC vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TFC Truist Financial Corporation | -1.64% | 19.05% | 23.72% | -8.59% | -23.53% | 26.08% | -11.16% | 34.55% | -10.24% | 8.66% |
JPM JPMorgan Chase & Co. | -5.73% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
Correlation
The correlation between TFC and JPM is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.59 |
The correlation between TFC and JPM shifts across timeframes, from 0.59 (all time) to 0.74 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TFC:
$60.06B
JPM:
$840.48B
TFC:
$4.28
JPM:
$21.08
TFC:
11.07
JPM:
14.27
TFC:
1.30
JPM:
1.58
TFC:
2.01
JPM:
2.95
TFC:
1.01
JPM:
2.44
TFC:
$30.47B
JPM:
$285.09B
TFC:
$19.17B
JPM:
$173.52B
TFC:
$6.99B
JPM:
$81.46B
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Return for Risk
TFC vs. JPM — Risk / Return Rank
TFC
JPM
TFC vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Truist Financial Corporation (TFC) 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.
| TFC | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.14 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 0.99 | +0.23 |
| Martin ratioReturn relative to average drawdown | 3.26 | 2.36 | +0.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TFC | JPM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 0.71 | +0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.64 | -0.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.72 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.34 | -0.06 |
Drawdowns
TFC vs. JPM - Drawdown Comparison
The maximum TFC drawdown since its inception was -66.56%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for TFC and JPM.
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Drawdown Indicators
| TFC | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.56% | -76.16% | +9.60% |
Max Drawdown (1Y)Largest decline over 1 year | -20.67% | -15.47% | -5.20% |
Max Drawdown (3Y)Largest decline over 3 years | -26.93% | -24.42% | -2.51% |
Max Drawdown (5Y)Largest decline over 5 years | -59.11% | -38.77% | -20.34% |
Max Drawdown (10Y)Largest decline over 10 years | -59.11% | -43.63% | -15.48% |
Current DrawdownCurrent decline from peak | -13.27% | -9.63% | -3.64% |
Average DrawdownAverage peak-to-trough decline | -13.84% | -17.62% | +3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.71% | 6.46% | +1.25% |
Volatility
TFC vs. JPM - Volatility Comparison
Truist Financial Corporation (TFC) has a higher volatility of 7.29% compared to JPMorgan Chase & Co. (JPM) at 6.39%. This indicates that TFC'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.
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Volatility by Period
| TFC | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.29% | 6.39% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 17.12% | 17.16% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.04% | 21.41% | +1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.86% | 24.41% | +7.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.60% | 27.37% | +6.23% |
Dividends
TFC vs. JPM - Dividend Comparison
TFC's dividend yield for the trailing twelve months is around 4.39%, more than JPM's 1.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.96% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
TFC Truist Financial Corporation | 4.39% | 4.23% | 4.79% | 5.63% | 4.65% | 3.18% | 3.76% | 3.04% | 3.60% | 2.53% | 2.45% | 2.78% |
Financials
TFC vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between Truist Financial Corporation and JPMorgan Chase & Co.. 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
TFC vs. JPM - Profitability Comparison
TFC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Truist Financial Corporation reported a gross profit of 4.67B and revenue of 7.41B. Therefore, the gross margin over that period was 63.1%.
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%.
TFC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Truist Financial Corporation reported an operating income of 1.69B and revenue of 7.41B, resulting in an operating margin of 22.8%.
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%.
TFC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Truist Financial Corporation reported a net income of 1.48B and revenue of 7.41B, resulting in a net margin of 20.0%.
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
TFC and JPM have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TFC has higher volatility (7.29%) compared to JPM (6.39%). In terms of maximum drawdown, TFC dropped -66.56% vs JPM's -76.16%.
TFC currently has the higher Sharpe Ratio (1.10 vs 0.71), 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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