JPMorgan Chase (JPM)
S&P 500 · Top 100 by market cap · Financials · data since 1980-03-17 · last close 2026-09-09
JPMorgan Chase (JPM) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.6 | -1.8 | -2.0 | 7.0 | -4.4 | 9.4 | 8.0 | 1.2 | -0.4 | · | · | · |
| 2025 | 12.1 | -1.0 | -7.3 | 0.3 | 7.9 | 9.8 | 2.7 | 1.8 | 4.7 | -0.9 | 0.6 | 2.9 |
| 2024 | 3.1 | 6.7 | 7.7 | -3.7 | 5.7 | -0.2 | 5.8 | 5.6 | -6.2 | 5.9 | 12.5 | -4.0 |
| 2023 | 5.1 | 2.4 | -9.1 | 6.9 | -1.8 | 7.2 | 9.3 | -7.4 | -0.9 | -3.4 | 12.2 | 9.0 |
| 2022 | -5.6 | -4.6 | -3.9 | -11.8 | 10.8 | -14.8 | 3.4 | -1.4 | -8.1 | 21.5 | 9.8 | -3.0 |
| 2021 | 2.0 | 14.4 | 3.4 | 1.6 | 6.8 | -5.3 | -1.9 | 5.4 | 2.3 | 4.4 | -6.5 | -0.3 |
| 2020 | -4.4 | -12.3 | -22.5 | 7.5 | 1.6 | -3.3 | 3.7 | 3.7 | -3.9 | 2.8 | 20.2 | 7.8 |
| 2019 | 6.9 | 0.8 | -3.0 | 15.5 | -8.7 | 5.5 | 4.5 | -5.3 | 7.1 | 7.0 | 5.5 | 5.8 |
| 2018 | 8.7 | -0.1 | -4.8 | -0.6 | -1.6 | -2.6 | 10.9 | -0.3 | -1.5 | -2.7 | 2.0 | -12.2 |
| 2017 | -1.4 | 7.1 | -3.1 | -0.4 | -5.6 | 11.3 | 1.0 | -1.0 | 5.1 | 6.0 | 3.9 | 2.3 |
| 2016 | -9.3 | -5.4 | 5.2 | 7.5 | 3.3 | -4.8 | 3.8 | 5.5 | -1.4 | 4.8 | 15.8 | 7.6 |
| 2015 | -12.5 | 12.7 | -1.1 | 5.1 | 4.0 | 3.0 | 1.8 | -6.5 | -4.9 | 6.1 | 3.8 | -1.0 |
| 2014 | -4.7 | 2.6 | 6.8 | -7.2 | -0.7 | 3.7 | 0.8 | 3.1 | 1.3 | 1.1 | -0.5 | 4.0 |
| 2013 | 7.7 | 4.0 | -3.0 | 3.9 | 11.4 | -3.3 | 6.3 | -9.3 | 2.3 | 0.4 | 11.0 | 2.2 |
| 2012 | 13.0 | 5.2 | 17.2 | -5.9 | -22.9 | 7.8 | 1.6 | 3.2 | 9.0 | 3.7 | -1.4 | 7.0 |
| 2011 | 6.1 | 3.9 | -1.3 | -0.5 | -5.2 | -5.3 | -0.6 | -7.1 | -19.8 | 16.4 | -10.9 | 7.4 |
| 2010 | -6.4 | 7.8 | 6.6 | -4.7 | -7.0 | -7.5 | 10.2 | -9.7 | 4.7 | -1.0 | -0.6 | 13.4 |
| 2009 | -18.1 | -10.4 | 16.3 | 24.4 | 11.8 | -7.6 | 13.5 | 12.4 | 0.8 | -4.6 | 1.7 | -1.9 |
| 2008 | 9.5 | -14.2 | 5.7 | 11.8 | -9.8 | -20.2 | 19.8 | -5.3 | 21.3 | -11.0 | -23.3 | -0.4 |
| 2007 | 6.2 | -3.0 | -2.0 | 8.4 | -0.5 | -6.5 | -8.5 | 1.2 | 2.9 | 3.4 | -2.9 | -4.3 |
| 2006 | 1.0 | 3.5 | 1.2 | 9.9 | -6.0 | -1.5 | 9.5 | 0.1 | 2.9 | 1.8 | -2.5 | 4.4 |
| 2005 | -3.5 | -2.1 | -5.3 | 3.6 | 0.7 | -1.2 | 0.5 | -3.6 | 0.1 | 9.0 | 4.5 | 3.8 |
| 2004 | 6.9 | 5.5 | 2.3 | -9.6 | -2.0 | 5.2 | -2.9 | 6.0 | 0.4 | -2.0 | -2.5 | 3.6 |
| 2003 | -1.4 | -2.8 | 4.5 | 25.6 | 12.0 | 4.0 | 3.6 | -2.4 | 0.3 | 5.6 | -1.4 | 3.8 |
| 2002 | -5.4 | -14.1 | 21.9 | -0.6 | 2.4 | -5.7 | -25.6 | 5.8 | -28.1 | 11.2 | 21.3 | -4.7 |
| 2001 | 21.9 | -15.2 | -3.8 | 7.7 | 2.4 | -9.5 | -1.9 | -9.0 | -13.3 | 4.6 | 6.7 | -3.6 |
| 2000 | 4.5 | -1.3 | 9.5 | -16.8 | 3.5 | -7.5 | 8.9 | 12.2 | -17.3 | -0.8 | -19.0 | 23.2 |
| 1999 | 8.9 | 3.5 | 2.2 | 1.9 | -12.3 | 19.5 | -10.5 | 8.6 | -9.9 | 16.4 | -11.5 | 0.6 |
| 1998 | -1.6 | 15.7 | 8.7 | 3.3 | -1.9 | 11.1 | 0.7 | -30.6 | -17.9 | 32.9 | 11.7 | 11.9 |
| 1997 | 4.2 | 8.2 | -6.2 | -1.2 | 2.6 | 2.7 | 17.8 | -2.1 | 6.1 | -1.7 | -5.8 | 0.7 |
| 1996 | 15.0 | 6.9 | -1.6 | -1.9 | 1.4 | 0.9 | -0.8 | 7.0 | 7.7 | 7.8 | 10.2 | -5.4 |
| 1995 | 8.7 | 2.9 | -4.8 | 10.6 | 10.5 | 2.4 | 10.4 | 12.8 | 4.5 | -5.8 | 5.5 | -2.1 |
| 1994 | -1.6 | -5.7 | -1.3 | -4.5 | 10.4 | 1.3 | -0.3 | 1.0 | -8.5 | 8.6 | -4.3 | -0.2 |
| 1993 | 5.2 | -0.3 | 0.5 | -5.3 | 0.3 | 7.4 | 0.9 | -1.5 | 11.6 | -10.8 | -4.0 | 5.2 |
| 1992 | 31.8 | 20.1 | -1.7 | 7.3 | 3.9 | 2.5 | -6.1 | -6.8 | 1.3 | 5.4 | 9.1 | 3.8 |
| 1991 | 22.1 | 25.7 | 6.8 | 18.0 | 4.3 | 1.0 | 19.9 | 3.4 | -3.3 | -2.5 | -14.7 | 2.1 |
| 1990 | -13.8 | -0.5 | -6.5 | 0.0 | 17.1 | -4.6 | -9.8 | -6.0 | -26.1 | -34.7 | 12.3 | -3.7 |
| 1989 | 4.8 | -3.9 | 18.2 | -0.3 | -1.7 | 3.3 | 8.4 | -1.9 | 9.2 | -17.7 | -5.6 | -3.9 |
| 1988 | 0.6 | 16.3 | -12.1 | 15.2 | 17.3 | 8.4 | 2.5 | 2.0 | 2.1 | -0.4 | 4.7 | -5.2 |
| 1987 | 10.9 | -0.8 | -4.5 | -2.9 | -1.2 | 1.5 | -5.4 | 1.6 | -3.9 | -29.2 | -4.6 | -14.6 |
| 1986 | -2.5 | 8.5 | 15.3 | -2.5 | 0.2 | -2.8 | -14.4 | 11.1 | -9.8 | 1.1 | 1.4 | -3.7 |
| 1985 | 8.7 | 5.0 | -3.2 | 1.0 | 9.2 | 1.2 | -0.9 | -2.1 | -14.9 | 16.0 | 6.8 | 10.9 |
| 1984 | 14.8 | -4.5 | -4.2 | 4.5 | -23.7 | 1.8 | 10.4 | 3.8 | 13.3 | -1.6 | 7.1 | 9.3 |
| 1983 | 7.4 | 2.6 | 7.8 | 14.3 | -4.5 | -9.5 | 0.3 | -1.1 | -12.2 | -1.8 | 15.4 | -6.1 |
| 1982 | -8.0 | 10.2 | -8.6 | 2.1 | -6.9 | -3.9 | -9.8 | 14.4 | 13.8 | 13.2 | 3.1 | -3.9 |
| 1981 | 7.6 | 10.1 | 5.2 | 2.6 | 5.5 | 0.4 | -7.4 | -3.5 | -4.4 | 13.2 | -0.5 | -2.0 |
| 1980 | · | · | 2.6 | 4.7 | 7.2 | 2.2 | 4.7 | -2.1 | -3.4 | 3.8 | -4.3 | 8.3 |
| Avg | 3.5 | 2.4 | 1.0 | 3.2 | 1.0 | 0.1 | 2.1 | 0.1 | -1.8 | 2.2 | 2.0 | 1.6 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
JPM seasonality — average by calendar month
JPMorgan Chase has monthly history back to 1980. Its strongest month by median is January — positive in 29 of 46 years, median +4.6%, and higher in 6 of the last 9. March is the soft spot, down in 25 of 47 with a median of -1.3%. Across its full record it has closed 57% of months higher, swings ±8.9% in an average month and has fallen 74% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +3.5% | +2.4% | +1.0% | +3.2% | +1.0% | +0.1% | +2.1% | +0.1% | -1.8% | +2.2% | +2.0% | +1.6% |
| Win rate | 63%/46 | 57%/46 | 47%/47 | 60%/47 | 57%/47 | 55%/47 | 66%/47 | 51%/47 | 52%/46 | 61%/46 | 57%/46 | 54%/46 |
Win rate = share of positive months / sample size.
JPM risk & extremes
JPM drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Compare JPM
Frequently asked questions
What was JPMorgan Chase's best month?+
JPMorgan Chase's strongest completed month on record is October 1998, at +32.91%.
What was JPMorgan Chase's worst month?+
Its weakest completed month on record is October 1990, at -34.68%.
Is JPMorgan Chase up this year?+
JPMorgan Chase is up 11.65% year to date, measured from its last close before 1 January.
What is JPMorgan Chase's 1-year return?+
+21.37% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is JPMorgan Chase's biggest drawdown?+
The deepest peak-to-trough fall on record is 74.0%, measured on month-end closes since 1980.
Which calendar month is historically best for JPMorgan Chase?+
January has the highest average return across every completed January since 1980. An average is not a forecast.
About JPMorgan Chase
JPMorgan Chase is an S&P 500 company, a financials business worth about $943 billion. The bank other banks call when things get weird. Been doing this since powdered wigs were business casual. And the long game: $100 at its first close here (1980) would be about $33,736 today.
Did you know?
- Its earliest predecessor, The Manhattan Company (1799), was founded by Aaron Burr — officially as a water utility.
- J.P. Morgan himself personally bailed out the US financial system in the Panic of 1907, before the Fed existed.
- Its best month on record was October 1998 at +32.91%; its worst, October 1990 at -34.68%.
Trivia for entertainment — the numbers come from our price data; the jokes don't.