WINA vs. JPM

Last updated Jun 3, 2026

WINA (Winmark Corporation) and JPM (JPMorgan Chase & Co.) are both stocks. WINA operates in Specialty Retail (Consumer Cyclical), while JPM operates in Banks - Diversified (Financial Services). Over the past 10 years, WINA returned 16.35%/yr vs 19.77%/yr for JPM. At a 0.15 correlation, their price movements are largely independent.

Performance

WINA vs. JPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Winmark Corporation (WINA) 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, WINA achieves a -7.07% return, which is significantly lower than JPM's -5.70% return. Over the past 10 years, WINA has underperformed JPM with an annualized return of 16.35%, while JPM has yielded a comparatively higher 19.77% annualized return.

WINA

• 1D: -1.60%
• 1M: 0.60%
• YTD: -7.07%
• 6M: -8.75%
• 1Y: -9.81%
• 3Y*: 5.47%
• 5Y*: 17.38%
• 10Y*: 16.35%

JPM

• 1D: 1.48%
• 1M: -3.68%
• YTD: -5.70%
• 6M: -1.30%
• 1Y: 15.93%
• 3Y*: 31.89%
• 5Y*: 15.50%
• 10Y*: 19.77%

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

WINA vs. JPM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WINA Winmark Corporation	-7.07%	6.43%	-3.26%	82.56%	-2.78%	38.67%	-5.88%	25.38%	23.36%	2.93%
JPM JPMorgan Chase & Co.	-5.70%	37.27%	44.29%	30.63%	-12.64%	27.75%	-5.53%	47.26%	-6.62%	26.76%

Correlation

The correlation between WINA and JPM is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Aug 26, 1993	0.15

The correlation between WINA and JPM shifts across timeframes, from 0.15 (all time) to 0.29 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap WINA : $1.39B JPM : $840.79B
EPS WINA : $11.09 JPM : $21.08
PE Ratio WINA : 33.78 JPM : 14.28
PEG Ratio WINA : 17.37 JPM : 1.58
PS Ratio WINA : 16.28 JPM : 2.95
Total Revenue (TTM) WINA : $84.99M JPM : $285.09B
Gross Profit (TTM) WINA : $82.15M JPM : $173.52B
EBITDA (TTM) WINA : $55.02M JPM : $81.46B

Return for Risk

WINA vs. JPM — Risk / Return Rank

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

WINA

WINA Risk / Return Rank: 29
WINA Sharpe Ratio Rank: 29
WINA Sortino Ratio Rank: 27
WINA Omega Ratio Rank: 27
WINA Calmar Ratio Rank: 30
WINA Martin Ratio Rank: 30

JPM

JPM Risk / Return Rank: 60
JPM Sharpe Ratio Rank: 64
JPM Sortino Ratio Rank: 56
JPM Omega Ratio Rank: 55
JPM Calmar Ratio Rank: 62
JPM Martin Ratio Rank: 63

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.

WINA vs. JPM - Risk-Adjusted Trends Comparison

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

	WINA	JPM	Difference
Sharpe ratio Return per unit of total volatility	-0.26	0.75	-1.01
Sortino ratio Return per unit of downside risk	-0.11	1.10	-1.21
Omega ratio Gain probability vs. loss probability	0.99	1.14	-0.15
Calmar ratio Return relative to maximum drawdown	-0.30	1.05	-1.34
Martin ratio Return relative to average drawdown	-0.57	2.52	-3.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WINA vs. JPM - Sharpe Ratio Comparison

The current WINA Sharpe Ratio is -0.26, which is lower than the JPM Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of WINA 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

	WINA	JPM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.26	0.75	-1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.64	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.72	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.34	-0.07

Drawdowns

WINA vs. JPM - Drawdown Comparison

The maximum WINA drawdown since its inception was -85.47%, which is greater than JPM's maximum drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for WINA and JPM.

Drawdown Indicators

	WINA	JPM	Difference
Max Drawdown Largest peak-to-trough decline	-85.47%	-76.16%	-9.31%
Max Drawdown (1Y) Largest decline over 1 year	-30.10%	-15.47%	-14.63%
Max Drawdown (3Y) Largest decline over 3 years	-30.10%	-24.42%	-5.68%
Max Drawdown (5Y) Largest decline over 5 years	-30.29%	-38.77%	+8.48%
Max Drawdown (10Y) Largest decline over 10 years	-45.45%	-43.63%	-1.82%
Current Drawdown Current decline from peak	-25.46%	-9.60%	-15.86%
Average Drawdown Average peak-to-trough decline	-24.69%	-17.63%	-7.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.74%	6.43%	+9.31%

Volatility

WINA vs. JPM - Volatility Comparison

Winmark Corporation (WINA) has a higher volatility of 8.84% compared to JPMorgan Chase & Co. (JPM) at 6.55%. This indicates that WINA'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

	WINA	JPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.84%	6.55%	+2.29%
Volatility (6M) Calculated over the trailing 6-month period	27.63%	17.21%	+10.42%
Volatility (1Y) Calculated over the trailing 1-year period	37.62%	21.41%	+16.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.54%	24.41%	+7.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.97%	27.38%	+2.59%

Dividends

WINA vs. JPM - Dividend Comparison

WINA's dividend yield for the trailing twelve months is around 3.71%, 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%
WINA Winmark Corporation	3.71%	3.40%	2.80%	2.99%	2.35%	3.67%	0.43%	0.45%	0.35%	0.33%	0.29%	0.29%

Financials

WINA vs. JPM - Profitability Comparison

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

WINA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Winmark Corporation reported a gross profit of 20.23M and revenue of 20.85M. Therefore, the gross margin over that period was 97.0%.

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%.

WINA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Winmark Corporation reported an operating income of 12.36M and revenue of 20.85M, resulting in an operating margin of 59.3%.

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%.

WINA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Winmark Corporation reported a net income of 9.25M and revenue of 20.85M, resulting in a net margin of 44.4%.

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 WINA and JPM in my portfolio?

WINA and JPM have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WINA or JPM?

WINA has higher volatility (8.84%) compared to JPM (6.55%). In terms of maximum drawdown, WINA dropped -85.47% vs JPM's -76.16%.

Which has better risk-adjusted returns?

JPM currently has the higher Sharpe Ratio (0.75 vs -0.26), 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.