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^SIXM vs. JPM
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^SIXM and JPM is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

^SIXM vs. JPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Financial Select Sector Index (^SIXM) and JPMorgan Chase & Co. (JPM). The values are adjusted to include any dividend payments, if applicable.

200.00%400.00%600.00%800.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
369.35%
1,020.16%
^SIXM
JPM

Key characteristics

Sharpe Ratio

^SIXM:

2.00

JPM:

1.97

Sortino Ratio

^SIXM:

2.92

JPM:

2.70

Omega Ratio

^SIXM:

1.38

JPM:

1.40

Calmar Ratio

^SIXM:

2.77

JPM:

4.55

Martin Ratio

^SIXM:

12.43

JPM:

13.24

Ulcer Index

^SIXM:

2.25%

JPM:

3.48%

Daily Std Dev

^SIXM:

13.78%

JPM:

23.42%

Max Drawdown

^SIXM:

-52.30%

JPM:

-74.02%

Current Drawdown

^SIXM:

-5.60%

JPM:

-5.07%

Returns By Period

In the year-to-date period, ^SIXM achieves a 28.41% return, which is significantly lower than JPM's 43.02% return. Over the past 10 years, ^SIXM has underperformed JPM with an annualized return of 9.09%, while JPM has yielded a comparatively higher 17.53% annualized return.


^SIXM

YTD

28.41%

1M

-2.28%

6M

17.29%

1Y

29.62%

5Y*

9.53%

10Y*

9.09%

JPM

YTD

43.02%

1M

-1.32%

6M

22.46%

1Y

45.24%

5Y*

14.90%

10Y*

17.53%

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Risk-Adjusted Performance

^SIXM vs. JPM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Financial Select Sector Index (^SIXM) 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.


Sharpe ratio
The chart of Sharpe ratio for ^SIXM, currently valued at 2.00, compared to the broader market0.001.002.002.001.77
The chart of Sortino ratio for ^SIXM, currently valued at 2.92, compared to the broader market-1.000.001.002.003.002.922.48
The chart of Omega ratio for ^SIXM, currently valued at 1.38, compared to the broader market0.901.001.101.201.301.401.381.37
The chart of Calmar ratio for ^SIXM, currently valued at 2.77, compared to the broader market0.001.002.003.002.774.08
The chart of Martin ratio for ^SIXM, currently valued at 12.43, compared to the broader market0.005.0010.0015.0020.0012.4311.68
^SIXM
JPM

The current ^SIXM Sharpe Ratio is 2.00, which is comparable to the JPM Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of ^SIXM and JPM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.00
1.77
^SIXM
JPM

Drawdowns

^SIXM vs. JPM - Drawdown Comparison

The maximum ^SIXM drawdown since its inception was -52.30%, smaller than the maximum JPM drawdown of -74.02%. Use the drawdown chart below to compare losses from any high point for ^SIXM and JPM. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.60%
-5.07%
^SIXM
JPM

Volatility

^SIXM vs. JPM - Volatility Comparison

The current volatility for Financial Select Sector Index (^SIXM) is 4.46%, while JPMorgan Chase & Co. (JPM) has a volatility of 5.60%. This indicates that ^SIXM experiences smaller price fluctuations and is considered to be less risky than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
4.46%
5.60%
^SIXM
JPM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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