VGT vs. JPM

Last updated Jun 9, 2026

VGT (Vanguard Information Technology ETF) is Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index, while JPM (JPMorgan Chase & Co.) is a stock. Over the past 10 years, VGT returned 25.14%/yr vs 20.32%/yr for JPM. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

VGT vs. JPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Information Technology ETF (VGT) 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, VGT achieves a 24.57% return, which is significantly higher than JPM's -2.52% return. Over the past 10 years, VGT has outperformed JPM with an annualized return of 25.14%, while JPM has yielded a comparatively lower 20.32% annualized return.

VGT

• 1D: 1.71%
• 1M: 4.28%
• YTD: 24.57%
• 6M: 21.33%
• 1Y: 50.38%
• 3Y*: 31.24%
• 5Y*: 20.82%
• 10Y*: 25.14%

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)

VGT vs. JPM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VGT Vanguard Information Technology ETF	24.57%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%
JPM JPMorgan Chase & Co.	-2.52%	37.27%	44.29%	30.63%	-12.64%	27.75%	-5.53%	47.26%	-6.62%	26.76%

Correlation

The correlation between VGT and JPM is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004	0.52

The correlation between VGT and JPM shifts across timeframes, from 0.32 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VGT vs. JPM — Risk / Return Rank

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

VGT

VGT Risk / Return Rank: 71
VGT Sharpe Ratio Rank: 81
VGT Sortino Ratio Rank: 71
VGT Omega Ratio Rank: 73
VGT Calmar Ratio Rank: 68
VGT Martin Ratio Rank: 60

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.

VGT vs. JPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology ETF (VGT) 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.

	VGT	JPM	Difference
Sharpe ratio: Return per unit of total volatility	2.35	0.90	+1.45
Sortino ratio: Return per unit of downside risk	2.89	1.30	+1.60
Omega ratio: Gain probability vs. loss probability	1.39	1.17	+0.22
Calmar ratio: Return relative to maximum drawdown	3.09	1.26	+1.83
Martin ratio: Return relative to average drawdown	9.77	2.98	+6.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VGT vs. JPM - Sharpe Ratio Comparison

The current VGT Sharpe Ratio is 2.35, which is higher than the JPM Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of VGT 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

	VGT	JPM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	0.90	+1.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.69	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.02	0.74	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.34	+0.33

Drawdowns

VGT vs. JPM - Drawdown Comparison

The maximum VGT drawdown since its inception was -54.63%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for VGT and JPM.

Drawdown Indicators

	VGT	JPM	Difference
Max Drawdown Largest peak-to-trough decline	-54.63%	-76.16%	+21.53%
Max Drawdown (1Y) Largest decline over 1 year	-16.40%	-15.47%	-0.93%
Max Drawdown (3Y) Largest decline over 3 years	-27.23%	-24.42%	-2.81%
Max Drawdown (5Y) Largest decline over 5 years	-35.07%	-38.77%	+3.70%
Max Drawdown (10Y) Largest decline over 10 years	-35.07%	-43.63%	+8.56%
Current Drawdown Current decline from peak	-6.77%	-6.55%	-0.22%
Average Drawdown Average peak-to-trough decline	-7.95%	-17.62%	+9.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.17%	6.50%	-1.33%

Volatility

VGT vs. JPM - Volatility Comparison

Vanguard Information Technology ETF (VGT) has a higher volatility of 9.39% compared to JPMorgan Chase & Co. (JPM) at 6.40%. This indicates that VGT'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

	VGT	JPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.39%	6.40%	+2.99%
Volatility (6M) Calculated over the trailing 6-month period	17.44%	17.38%	+0.06%
Volatility (1Y) Calculated over the trailing 1-year period	21.58%	21.62%	-0.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.33%	24.45%	+0.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.69%	27.40%	-2.71%

Dividends

VGT vs. JPM - Dividend Comparison

VGT's dividend yield for the trailing twelve months is around 0.33%, less than JPM's 1.90% yield.

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%
VGT Vanguard Information Technology ETF	0.33%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both VGT and JPM in my portfolio?

VGT and JPM have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VGT or JPM?

VGT has higher volatility (9.39%) compared to JPM (6.40%). In terms of maximum drawdown, VGT dropped -54.63% vs JPM's -76.16%.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (2.35 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.