ZGN vs. JPM
ZGN (Ermenegildo Zegna N.V.) and JPM (JPMorgan Chase & Co.) are both stocks. ZGN operates in Apparel Manufacturing (Consumer Cyclical), while JPM operates in Banks - Diversified (Financial Services). Over the past 3 years, ZGN returned 8.60%/yr vs 33.89%/yr for JPM. At a 0.24 correlation, their price movements are largely independent.
Performance
ZGN vs. JPM - Performance Comparison
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Returns By Period
In the year-to-date period, ZGN achieves a 42.93% return, which is significantly higher than JPM's -2.12% return.
ZGN
- 1D
- -1.81%
- 1M
- 13.21%
- YTD
- 42.93%
- 6M
- 37.69%
- 1Y
- 74.23%
- 3Y*
- 8.60%
- 5Y*
- —
- 10Y*
- —
JPM
- 1D
- 0.48%
- 1M
- -0.80%
- YTD
- -2.12%
- 6M
- 0.11%
- 1Y
- 21.57%
- 3Y*
- 33.89%
- 5Y*
- 16.32%
- 10Y*
- 20.14%
ZGN vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ZGN Ermenegildo Zegna N.V. | 42.93% | 26.03% | -27.86% | 11.48% | 0.72% | -2.42% |
JPM JPMorgan Chase & Co. | -2.12% | 37.27% | 44.29% | 30.63% | -12.64% | 2.86% |
Correlation
The correlation between ZGN and JPM is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 21, 2021 | 0.24 |
Fundamentals
ZGN:
$3.90B
JPM:
$872.67B
ZGN:
$0.67
JPM:
$21.08
ZGN:
21.81
JPM:
14.82
ZGN:
0.35
JPM:
1.64
ZGN:
0.99
JPM:
3.06
ZGN:
3.79
JPM:
2.54
ZGN:
$3.86B
JPM:
$285.09B
ZGN:
$2.47B
JPM:
$173.52B
ZGN:
$586.03M
JPM:
$81.46B
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Return for Risk
ZGN vs. JPM — Risk / Return Rank
ZGN
JPM
ZGN vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ermenegildo Zegna N.V. (ZGN) 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.
| ZGN | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.18 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | 1.40 | +2.01 |
| Martin ratioReturn relative to average drawdown | 9.08 | 3.33 | +5.75 |
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
| ZGN | JPM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 1.00 | +0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.67 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.34 | -0.14 |
Drawdowns
ZGN vs. JPM - Drawdown Comparison
The maximum ZGN drawdown since its inception was -61.02%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for ZGN and JPM.
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Drawdown Indicators
| ZGN | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.02% | -76.16% | +15.14% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -15.47% | -6.40% |
Max Drawdown (3Y)Largest decline over 3 years | -61.02% | -24.42% | -36.60% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.77% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.63% | — |
Current DrawdownCurrent decline from peak | -6.15% | -6.17% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -25.51% | -17.62% | -7.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.20% | 6.49% | +1.71% |
Volatility
ZGN vs. JPM - Volatility Comparison
Ermenegildo Zegna N.V. (ZGN) has a higher volatility of 11.79% compared to JPMorgan Chase & Co. (JPM) at 7.00%. This indicates that ZGN'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
| ZGN | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.79% | 7.00% | +4.79% |
Volatility (6M)Calculated over the trailing 6-month period | 33.12% | 17.42% | +15.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.55% | 21.64% | +20.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.92% | 24.44% | +16.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.92% | 27.39% | +13.53% |
Dividends
ZGN vs. JPM - Dividend Comparison
ZGN's dividend yield for the trailing twelve months is around 0.96%, less than JPM's 1.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.89% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
ZGN Ermenegildo Zegna N.V. | 0.96% | 1.38% | 1.45% | 0.94% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ZGN vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between Ermenegildo Zegna N.V. 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
ZGN vs. JPM - Profitability Comparison
ZGN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ermenegildo Zegna N.V. reported a gross profit of 550.02M and revenue of 981.93M. Therefore, the gross margin over that period was 56.0%.
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%.
ZGN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ermenegildo Zegna N.V. reported an operating income of 93.59M and revenue of 981.93M, resulting in an operating margin of 9.5%.
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%.
ZGN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ermenegildo Zegna N.V. reported a net income of 55.09M and revenue of 981.93M, resulting in a net margin of 5.6%.
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
ZGN and JPM have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ZGN has higher volatility (11.79%) compared to JPM (7.00%). In terms of maximum drawdown, ZGN dropped -61.02% vs JPM's -76.16%.
ZGN currently has the higher Sharpe Ratio (1.75 vs 1.00), 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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