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FNMFO FNMFO 096770 KDDIF Small Blend Diversified Assets Data Storage Software 
Benchmark SP 500  1,637   15.24  Index Moved Down -0.92% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 JPMorgan Chase & Co.  vs   Wells Fargo & Company
 Compare Fundamentals  
Daily Returns (%)
JPM   WFC   
 
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Considering 30-days investment horizon, JPMorgan Chase Co is expected to generate 1.04 times more return on investment than Wells Fargo. However, JPMorgan is 1.04 times more volatile than Wells Fargo Company. It trades about 0.13 of its potential returns per unit of risk. Wells Fargo Company is currently generating about 0.07 per unit of risk. If you would invest  5,302  in JPMorgan Chase Co on May 20, 2013 and sell it today you would earn a total of  109.00  from holding JPMorgan Chase Co or generate 2.06% return on investment over 30 days.

Diversification

Very poor diversification
Overlapping area represents amount of risk that can be diversified away by holding JPMorgan Chase & Co. and Wells Fargo & Company in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.82
Parameters
Time Period1 Month [change]
DirectionPositive WFC Moved Up vs JPM
StrengthStrong
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
JPM   WFC   

JPMorgan Chase Co

 
    
JPMorgan
Performance
7
Out Of
100
Over 30
Days
93% of all equities and portfolios perform better than JPMorgan Chase Co. Compared with the overall equity markets, risk-adjusted returns on investments in JPMorgan Chase Co are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for JPMorgan

Industrial and Commercial Bank of China Limited vs. JPMorgan Chase Co
Wells Fargo Company vs. JPMorgan Chase Co
Citigroup Inc vs. JPMorgan Chase Co
Bank of America Corporation vs. JPMorgan Chase Co
The Bank of Nova Scotia vs. JPMorgan Chase Co
  

Wells Fargo Company

 
    
Wells Fargo
Performance
3
Out Of
100
Over 30
Days
97% of all equities and portfolios perform better than Wells Fargo Company. Compared with the overall equity markets, risk-adjusted returns on investments in Wells Fargo Company are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Wells Fargo

Industrial and Commercial Bank of China Limited vs. Wells Fargo Company
JPMorgan Chase Co vs. Wells Fargo Company
Citigroup Inc vs. Wells Fargo Company
Bank of America Corporation vs. Wells Fargo Company
The Bank of Nova Scotia vs. Wells Fargo Company


 
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