What five years of weekly data say
- JPM returned +19.5% a year and BAC +9.1% a year over the past five years, dividends reinvested.
- JPM was the calmer ride: 25% annual volatility, against 29%.
- Move together (correlation 0.85). Most weeks they go the same way. Owning both spreads company risk, not market risk.
- BAC pays more income: a 2.20% yield, against 1.72% for JPM.
The numbers side by side
| Metric | ||
|---|---|---|
| Price | $349.67 | $57.73 |
| Market value | $929.49B | $403.69B |
| 1-year return | +13.2% (ahead) | +12.8% |
| 3-year return, a year | +36.9% (ahead) | +30.9% |
| 5-year return, a year | +19.4% (ahead) | +9.1% |
| Volatility, a year | 25% (ahead) | 29% |
| Worst drawdown | −38% (ahead) | −46% |
| Worst week | −12.9% (ahead)Mar 2025 | −16.6%Mar 2025 |
| Beta | 0.97 | 1.16 |
| P/E ratio | 15.0× | 13.3× |
| Dividend yield | 1.72% | 2.20% |
Do JPM and BAC move together?
Correlation compares JPM’s and BAC’s weekly returns from Sep 2021 to Sep 2026. Two holdings near +1 fall on the same weeks, so owning both doesn’t cushion anything. Your portfolio has more than two lines, and Portfolio Terminal runs this check across every pair you hold.
How far each one fell
JPM
−38%
From its Oct 2021 high to Sep 2022. Back at that high by Dec 2023.
BAC
−46%
From its Jan 2022 high to Oct 2023. Back at that high by Nov 2024.
Worst peak-to-trough fall on weekly closes · dividends reinvested
JPM vs BAC: what people ask
Is JPM better than BAC?
Over the past five years, JPM delivered the higher return: +19.5% a year against +9.1% for BAC, dividends reinvested. Its worst fall was also shallower (−38% against −46%). Which is better depends on the job it does in your portfolio, and past returns don’t predict future ones.
What is the difference between JPM and BAC?
JPM is JPMorgan Chase & Co. (Banks—Diversified), worth $929.49B. BAC is Bank of America (Banks—Diversified), worth $403.69B.
Should I own both JPM and BAC?
Their weekly returns had a correlation of 0.85 over the past five years. Most weeks they go the same way. Owning both spreads company risk, not market risk. Whether that suits you depends on everything else you hold, which is the check Portfolio Terminal runs across a whole portfolio.
Which is riskier, JPM or BAC?
BAC swung more: 29% annual volatility against 25% for JPM. At their worst, JPM fell 38% and BAC 46% from a previous high. Against the broad market, their betas are 0.97 and 1.16.
Which pays a higher dividend, JPM or BAC?
BAC currently yields 2.20%, against 1.72% for JPM. Yields move with price, so a higher yield can also mean a falling price.
Returns use weekly closes adjusted for dividends and splits, from Sep 2021 to Sep 2026. Quotes, fees and holdings come from public market data and refresh hourly. This page describes what happened; it is not investment advice, and past performance doesn’t predict future returns.