WMT vs. JPM
WMT (Walmart Inc.) and JPM (JPMorgan Chase & Co.) are both stocks. WMT operates in Discount Stores (Consumer Defensive), while JPM operates in Banks - Diversified (Financial Services). Over the past 10 years, WMT returned 18.40%/yr vs 21.80%/yr for JPM. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
WMT vs. JPM - Performance Comparison
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Returns By Period
In the year-to-date period, WMT achieves a 0.21% return, which is significantly lower than JPM's 10.73% return. Over the past 10 years, WMT has underperformed JPM with an annualized return of 18.40%, while JPM has yielded a comparatively higher 21.80% annualized return.
WMT
- 1D
- 0.09%
- 1M
- 2.19%
- 6M
- -6.30%
- YTD
- 0.21%
- 1Y
- 14.44%
- 3Y*
- 29.39%
- 5Y*
- 20.06%
- 10Y*
- 18.40%
- ALL TIME*
- 18.36%
JPM
- 1D
- 0.27%
- 1M
- 5.78%
- 6M
- 16.11%
- YTD
- 10.73%
- 1Y
- 21.02%
- 3Y*
- 33.72%
- 5Y*
- 21.31%
- 10Y*
- 21.80%
- ALL TIME*
- 12.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.69B | $3.19B | $3.04B | |
WMT Walmart Inc. | $2.47B | $2.41B | $2.70B |
WMT vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMT Walmart Inc. | 0.21% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
JPM JPMorgan Chase & Co. | 10.73% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
Correlation
The correlation between WMT and JPM is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.03 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.20 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1983 | 0.32 |
The correlation between WMT and JPM shifts across timeframes, from -0.03 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WMT:
$884.94B
JPM:
$942.62B
WMT:
$2.88
JPM:
$23.29
WMT:
38.61
JPM:
15.10
WMT:
2.52
JPM:
1.67
WMT:
1.23
JPM:
3.30
WMT:
9.43
JPM:
2.78
WMT:
$725.31B
JPM:
$297.63B
WMT:
$181.16B
JPM:
$186.33B
WMT:
$44.32B
JPM:
$90.84B
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Return for Risk
WMT vs. JPM — Risk / Return Rank
WMT
JPM
WMT vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Walmart Inc. (WMT) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WMT | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.17 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 1.36 | -0.61 |
| Martin ratioReturn relative to average drawdown | 1.96 | 3.24 | -1.29 |
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Drawdowns
WMT vs. JPM - Drawdown Comparison
The maximum WMT drawdown since its inception was -77.14%, roughly equal to the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for WMT and JPM.
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Drawdown Indicators
| WMT | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.14% | -76.16% | -0.98% |
Max Drawdown (1Y)Largest decline over 1 year | -19.23% | -15.47% | -3.76% |
Max Drawdown (3Y)Largest decline over 3 years | -21.93% | -24.42% | +2.49% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -38.77% | +13.03% |
Max Drawdown (10Y)Largest decline over 10 years | -25.74% | -43.63% | +17.89% |
Current DrawdownCurrent decline from peak | -17.14% | -1.54% | -15.60% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -17.56% | +2.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.39% | 6.51% | +0.88% |
Volatility
WMT vs. JPM - Volatility Comparison
Walmart Inc. (WMT) and JPMorgan Chase & Co. (JPM) have volatilities of 6.81% and 6.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMT | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.81% | 6.60% | +0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 19.61% | 16.70% | +2.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.77% | 22.50% | +2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.96% | 24.46% | -2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.90% | 27.33% | -5.43% |
Dividends
WMT vs. JPM - Dividend Comparison
WMT's dividend yield for the trailing twelve months is around 0.87%, less than JPM's 1.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.71% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
WMT Walmart Inc. | 0.87% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
WMT vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between Walmart Inc. 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
WMT vs. JPM - Profitability Comparison
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
JPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, JPMorgan Chase & Co. reported a gross profit of 54.83B and revenue of 82.46B. Therefore, the gross margin over that period was 66.5%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
JPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, JPMorgan Chase & Co. reported an operating income of 27.52B and revenue of 82.46B, resulting in an operating margin of 33.4%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
JPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, JPMorgan Chase & Co. reported a net income of 21.16B and revenue of 82.46B, resulting in a net margin of 25.7%.
Frequently Asked Questions
WMT and JPM have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (6.81%) compared to JPM (6.60%). In terms of maximum drawdown, WMT dropped -77.14% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (0.94 vs 0.59), 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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