JP Morgan Chase & Co. vs Wells Fargo & Company
WatchlistJPM / WFCPrices through Nov 10, 2026
Why these are rivals: #1 and #3 by market value ($898B vs $257B) in Nasdaq's "Major Banks" industry; SEC SIC 6021 / 6021 (same major group); #1 and #3 by market value ($898B vs $257B) with SEC SIC 6021 (National Commercial Banks).
Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.
- Mean reversion: ADF t-statistic of the spread: -1.12 (needs <= -2.873 (5% critical value))
Business leadership
JPM is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | JPM | WFC | Larger |
|---|---|---|---|
| 2025 | $182.4B | $83.7B | JPM |
| 2024 | $177.6B | $82.3B | JPM |
| 2023 | $158.1B | $82.6B | JPM |
| 2022 | $128.7B | $74.4B | JPM |
| 2021 | $121.6B | $79.2B | JPM |
| 2020 | $120.0B | $74.3B | JPM |
JPM led in every year with figures for both. Market value: JPM $898.4B, WFC $256.7B.
Stock leadership
JPM is ahead now
Measured against the pair's own last 252 trading days.
JPM leads WFC by 0.75 standard deviations: +5.1% over its usual price ratio. 2 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| JPM | -6.3% | +12.2% | +8.9% |
| WFC | -3.6% | +14.1% | -0.3% |
Relationship
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 2533 (needs >= 254)
- Pass
- Co-movement: daily return correlation, 252 sessions: 0.72 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -1.12 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 46.92 (needs <= 63)
- Data
- Both stocks current
The twins over two years
Prices side by side, and the gap between them
JPM JP Morgan Chase & Co. WFC Wells Fargo & CompanyPrice index, 100 = 2024-11-06. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
Spread z-score: JPM relative to WFC, against the 252 sessions before each day. Above 0: JPM ahead; below 0: WFC ahead. Lines at +/-2 (idea) and +/-4 (stop).
Data table (504 sessions)
| Date | JPM index | WFC index | z | Ahead |
|---|---|---|---|---|
| 2026-11-10 | 138.46 | 118.34 | +0.75 | JPM ahead |
| 2026-11-09 | 138.46 | 117.97 | +0.80 | JPM ahead |
| 2026-11-06 | 135.39 | 115.83 | +0.75 | JPM ahead |
| 2026-11-05 | 136.54 | 117.01 | +0.73 | JPM ahead |
| 2026-11-04 | 142.52 | 120.64 | +0.92 | JPM ahead |
| 2026-11-03 | 136.80 | 118.02 | +0.64 | JPM ahead |
| 2026-11-02 | 137.85 | 118.52 | +0.70 | JPM ahead |
| 2026-10-30 | 136.42 | 115.08 | +0.99 | JPM ahead |
| 2026-10-29 | 139.07 | 117.03 | +1.03 | JPM ahead |
| 2026-10-28 | 137.34 | 115.45 | +1.06 | JPM ahead |
| 2026-10-27 | 135.91 | 114.06 | +1.09 | JPM ahead |
| 2026-10-26 | 135.21 | 114.05 | +1.02 | JPM ahead |
| 2026-10-23 | 134.21 | 113.69 | +0.97 | JPM ahead |
| 2026-10-22 | 136.22 | 114.54 | +1.08 | JPM ahead |
| 2026-10-21 | 135.67 | 113.73 | +1.14 | JPM ahead |
| 2026-10-20 | 135.70 | 113.43 | +1.19 | JPM ahead |
| 2026-10-19 | 135.00 | 112.87 | +1.20 | JPM ahead |
| 2026-10-16 | 137.51 | 115.73 | +1.11 | JPM ahead |
| 2026-10-15 | 135.81 | 114.19 | +1.13 | JPM ahead |
| 2026-10-14 | 135.71 | 111.63 | +1.47 | JPM ahead |
| 2026-10-13 | 134.15 | 111.41 | +1.33 | JPM ahead |
| 2026-10-12 | 135.31 | 114.97 | +0.99 | JPM ahead |
| 2026-10-09 | 134.78 | 115.29 | +0.90 | JPM ahead |
| 2026-10-08 | 134.15 | 113.19 | +1.11 | JPM ahead |
| 2026-10-07 | 133.40 | 110.75 | +1.36 | JPM ahead |
| 2026-10-06 | 134.09 | 112.47 | +1.21 | JPM ahead |
| 2026-10-05 | 134.53 | 112.38 | +1.29 | JPM ahead |
| 2026-10-02 | 134.53 | 111.01 | +1.48 | JPM ahead |
| 2026-10-01 | 134.86 | 110.74 | +1.57 | JPM ahead |
| 2026-09-30 | 133.91 | 110.46 | +1.52 | JPM ahead |
| 2026-09-29 | 135.59 | 111.05 | +1.64 | JPM ahead |
| 2026-09-28 | 136.24 | 111.51 | +1.67 | JPM ahead |
| 2026-09-25 | 138.86 | 114.49 | +1.57 | JPM ahead |
| 2026-09-24 | 137.04 | 113.40 | +1.52 | JPM ahead |
| 2026-09-23 | 136.62 | 113.01 | +1.54 | JPM ahead |
| 2026-09-22 | 137.62 | 114.74 | +1.43 | JPM ahead |
| 2026-09-21 | 142.49 | 119.41 | +1.36 | JPM ahead |
| 2026-09-18 | 141.53 | 118.84 | +1.34 | JPM ahead |
| 2026-09-17 | 141.39 | 119.90 | +1.18 | JPM ahead |
| 2026-09-16 | 141.23 | 120.12 | +1.14 | JPM ahead |
| 2026-09-15 | 142.67 | 123.80 | +0.82 | JPM ahead |
| 2026-09-14 | 141.72 | 122.41 | +0.90 | JPM ahead |
| 2026-09-11 | 144.19 | 124.59 | +0.90 | JPM ahead |
| 2026-09-10 | 143.11 | 123.43 | +0.93 | JPM ahead |
| 2026-09-09 | 143.57 | 123.73 | +0.95 | JPM ahead |
| 2026-09-08 | 143.09 | 121.37 | +1.22 | JPM ahead |
| 2026-09-04 | 145.16 | 124.15 | +1.09 | JPM ahead |
| 2026-09-03 | 146.55 | 123.07 | +1.40 | JPM ahead |
| 2026-09-02 | 144.18 | 123.18 | +1.13 | JPM ahead |
| 2026-09-01 | 143.67 | 120.10 | +1.50 | JPM ahead |
| 2026-08-31 | 144.10 | 119.21 | +1.69 | JPM ahead |
| 2026-08-28 | 144.75 | 119.62 | +1.73 | JPM ahead |
| 2026-08-27 | 143.37 | 117.25 | +1.93 | JPM ahead |
| 2026-08-26 | 144.30 | 117.61 | +2.01 | JPM ahead |
| 2026-08-25 | 144.37 | 117.00 | +2.13 | JPM ahead |
| 2026-08-24 | 144.25 | 116.90 | +2.16 | JPM ahead |
| 2026-08-21 | 142.31 | 115.69 | +2.13 | JPM ahead |
| 2026-08-20 | 142.29 | 115.50 | +2.19 | JPM ahead |
| 2026-08-19 | 144.60 | 118.59 | +2.03 | JPM ahead |
| 2026-08-18 | 147.03 | 120.60 | +2.05 | JPM ahead |
| 2026-08-17 | 146.10 | 120.79 | +1.93 | JPM ahead |
| 2026-08-14 | 146.86 | 122.56 | +1.78 | JPM ahead |
| 2026-08-13 | 146.97 | 121.58 | +1.96 | JPM ahead |
| 2026-08-12 | 147.81 | 122.71 | +1.91 | JPM ahead |
| 2026-08-11 | 146.54 | 120.67 | +2.09 | JPM ahead |
| 2026-08-10 | 145.63 | 120.77 | +1.98 | JPM ahead |
| 2026-08-07 | 144.71 | 120.39 | +1.94 | JPM ahead |
| 2026-08-06 | 144.22 | 120.86 | +1.82 | JPM ahead |
| 2026-08-05 | 145.41 | 123.04 | +1.65 | JPM ahead |
| 2026-08-04 | 144.71 | 121.97 | +1.74 | JPM ahead |
| 2026-08-03 | 142.73 | 121.28 | +1.60 | JPM ahead |
| 2026-07-31 | 142.39 | 119.29 | +1.90 | JPM ahead |
| 2026-07-30 | 142.01 | 117.88 | +2.10 | JPM ahead |
| 2026-07-29 | 139.52 | 115.73 | +2.15 | JPM ahead |
| 2026-07-28 | 144.62 | 119.87 | +2.19 | JPM ahead |
| 2026-07-27 | 144.18 | 120.42 | +2.06 | JPM ahead |
| 2026-07-24 | 142.97 | 119.10 | +2.14 | JPM ahead |
| 2026-07-23 | 141.63 | 118.93 | +2.01 | JPM ahead |
| 2026-07-22 | 140.94 | 119.25 | +1.87 | JPM ahead |
| 2026-07-21 | 139.74 | 121.07 | +1.40 | JPM ahead |
| 2026-07-20 | 137.16 | 119.13 | +1.36 | JPM ahead |
| 2026-07-17 | 138.06 | 120.75 | +1.23 | JPM ahead |
| 2026-07-16 | 138.89 | 121.53 | +1.23 | JPM ahead |
| 2026-07-15 | 140.42 | 120.75 | +1.60 | JPM ahead |
| 2026-07-14 | 138.79 | 117.69 | +1.91 | JPM ahead |
| 2026-07-13 | 135.40 | 120.97 | +0.83 | JPM ahead |
| 2026-07-10 | 136.19 | 120.27 | +1.08 | JPM ahead |
| 2026-07-09 | 135.78 | 119.93 | +1.09 | JPM ahead |
| 2026-07-08 | 133.82 | 118.06 | +1.12 | JPM ahead |
| 2026-07-07 | 137.30 | 120.30 | +1.27 | JPM ahead |
| 2026-07-06 | 136.70 | 120.67 | +1.12 | JPM ahead |
| 2026-07-02 | 135.38 | 117.99 | +1.40 | JPM ahead |
| 2026-07-01 | 135.22 | 118.59 | +1.28 | JPM ahead |
| 2026-06-30 | 132.49 | 114.03 | +1.70 | JPM ahead |
| 2026-06-29 | 133.32 | 115.23 | +1.62 | JPM ahead |
| 2026-06-26 | 133.19 | 115.72 | +1.53 | JPM ahead |
| 2026-06-25 | 135.64 | 116.93 | +1.71 | JPM ahead |
| 2026-06-24 | 134.97 | 116.32 | +1.73 | JPM ahead |
| 2026-06-23 | 135.25 | 116.09 | +1.84 | JPM ahead |
| 2026-06-22 | 134.17 | 115.69 | +1.76 | JPM ahead |
| 2026-06-18 | 131.64 | 113.43 | +1.79 | JPM ahead |
| 2026-06-17 | 134.97 | 115.65 | +1.94 | JPM ahead |
| 2026-06-16 | 134.03 | 117.36 | +1.47 | JPM ahead |
| 2026-06-15 | 129.28 | 114.72 | +1.17 | JPM ahead |
| 2026-06-12 | 129.81 | 115.54 | +1.12 | JPM ahead |
| 2026-06-11 | 126.89 | 113.70 | +0.97 | JPM ahead |
| 2026-06-10 | 125.13 | 113.11 | +0.78 | JPM ahead |
| 2026-06-09 | 126.57 | 113.15 | +1.04 | JPM ahead |
| 2026-06-08 | 125.92 | 111.72 | +1.22 | JPM ahead |
| 2026-06-05 | 126.43 | 113.07 | +1.05 | JPM ahead |
| 2026-06-04 | 125.84 | 112.63 | +1.04 | JPM ahead |
| 2026-06-03 | 121.77 | 108.57 | +1.13 | JPM ahead |
| 2026-06-02 | 121.82 | 109.62 | +0.93 | JPM ahead |
| 2026-06-01 | 120.04 | 106.49 | +1.27 | JPM ahead |
| 2026-05-29 | 121.15 | 107.00 | +1.38 | JPM ahead |
| 2026-05-28 | 120.10 | 105.77 | +1.46 | JPM ahead |
| 2026-05-27 | 121.14 | 105.02 | +1.83 | JPM ahead |
| 2026-05-26 | 124.16 | 106.97 | +2.00 | JPM ahead |
| 2026-05-22 | 124.01 | 105.42 | +2.35 | JPM ahead |
| 2026-05-21 | 122.64 | 104.76 | +2.27 | JPM ahead |
| 2026-05-20 | 122.23 | 104.61 | +2.25 | JPM ahead |
| 2026-05-19 | 119.69 | 102.87 | +2.18 | JPM ahead |
| 2026-05-18 | 121.72 | 102.62 | +2.69 | JPM ahead |
| 2026-05-15 | 120.54 | 101.31 | +2.82 | JPM ahead |
| 2026-05-14 | 121.39 | 101.82 | +2.93 | JPM ahead |
| 2026-05-13 | 121.53 | 101.46 | +3.11 | JPM ahead |
| 2026-05-12 | 123.40 | 103.74 | +3.00 | JPM ahead |
| 2026-05-11 | 121.43 | 101.53 | +3.21 | JPM ahead |
| 2026-05-08 | 122.28 | 104.37 | +2.71 | JPM ahead |
| 2026-05-07 | 123.97 | 109.23 | +1.89 | JPM ahead |
| 2026-05-06 | 127.46 | 110.97 | +2.23 | JPM ahead |
| 2026-05-05 | 125.23 | 110.24 | +1.96 | JPM ahead |
| 2026-05-04 | 124.52 | 109.26 | +2.07 | JPM ahead |
| 2026-05-01 | 126.48 | 111.51 | +1.96 | JPM ahead |
| 2026-04-30 | 126.78 | 113.47 | +1.57 | JPM ahead |
| 2026-04-29 | 125.17 | 112.47 | +1.47 | JPM ahead |
| 2026-04-28 | 126.06 | 112.46 | +1.69 | JPM ahead |
| 2026-04-27 | 126.14 | 111.16 | +2.05 | JPM ahead |
| 2026-04-24 | 124.78 | 109.59 | +2.17 | JPM ahead |
| 2026-04-23 | 126.16 | 111.09 | +2.13 | JPM ahead |
| 2026-04-22 | 126.70 | 111.19 | +2.25 | JPM ahead |
| 2026-04-21 | 126.69 | 112.53 | +1.93 | JPM ahead |
| 2026-04-20 | 128.30 | 113.11 | +2.18 | JPM ahead |
| 2026-04-17 | 125.59 | 112.34 | +1.78 | JPM ahead |
| 2026-04-16 | 125.46 | 112.12 | +1.81 | JPM ahead |
| 2026-04-15 | 123.83 | 110.79 | +1.78 | JPM ahead |
| 2026-04-14 | 125.93 | 112.74 | +1.78 | JPM ahead |
| 2026-04-13 | 126.97 | 119.55 | +0.30 | near the usual relationship |
| 2026-04-10 | 125.42 | 117.84 | +0.37 | near the usual relationship |
| 2026-04-09 | 125.61 | 118.70 | +0.20 | near the usual relationship |
| 2026-04-08 | 124.65 | 116.82 | +0.45 | near the usual relationship |
| 2026-04-07 | 120.38 | 112.81 | +0.46 | near the usual relationship |
| 2026-04-06 | 119.59 | 112.94 | +0.24 | near the usual relationship |
| 2026-04-02 | 119.24 | 111.22 | +0.61 | JPM ahead |
| 2026-04-01 | 119.56 | 111.18 | +0.70 | JPM ahead |
| 2026-03-31 | 119.06 | 109.85 | +0.93 | JPM ahead |
| 2026-03-30 | 114.86 | 105.97 | +0.94 | JPM ahead |
| 2026-03-27 | 114.48 | 106.51 | +0.71 | JPM ahead |
| 2026-03-26 | 118.05 | 109.04 | +0.92 | JPM ahead |
| 2026-03-25 | 119.57 | 110.75 | +0.85 | JPM ahead |
| 2026-03-24 | 118.35 | 109.85 | +0.79 | JPM ahead |
| 2026-03-23 | 117.34 | 108.02 | +1.03 | JPM ahead |
| 2026-03-20 | 115.99 | 107.08 | +0.96 | JPM ahead |
| 2026-03-19 | 116.56 | 105.41 | +1.54 | JPM ahead |
| 2026-03-18 | 116.47 | 105.13 | +1.60 | JPM ahead |
| 2026-03-17 | 116.12 | 105.19 | +1.51 | JPM ahead |
| 2026-03-16 | 115.83 | 104.53 | +1.62 | JPM ahead |
| 2026-03-13 | 114.73 | 102.25 | +1.98 | JPM ahead |
| 2026-03-12 | 114.50 | 103.84 | +1.51 | JPM ahead |
| 2026-03-11 | 116.38 | 106.09 | +1.38 | JPM ahead |
| 2026-03-10 | 116.87 | 108.04 | +1.00 | JPM ahead |
| 2026-03-09 | 117.35 | 108.78 | +0.94 | JPM ahead |
| 2026-03-06 | 117.17 | 110.97 | +0.36 | near the usual relationship |
| 2026-03-05 | 118.82 | 113.30 | +0.17 | near the usual relationship |
| 2026-03-04 | 121.18 | 115.81 | +0.12 | near the usual relationship |
| 2026-03-03 | 121.53 | 113.88 | +0.66 | JPM ahead |
| 2026-03-02 | 120.44 | 113.95 | +0.41 | near the usual relationship |
| 2026-02-27 | 121.55 | 112.39 | +1.03 | JPM ahead |
| 2026-02-26 | 123.91 | 119.08 | +0.00 | near the usual relationship |
| 2026-02-25 | 122.76 | 119.72 | -0.39 | near the usual relationship |
| 2026-02-24 | 120.34 | 116.70 | -0.24 | near the usual relationship |
| 2026-02-23 | 120.48 | 117.50 | -0.38 | near the usual relationship |
| 2026-02-20 | 125.80 | 122.40 | -0.32 | near the usual relationship |
| 2026-02-19 | 124.69 | 120.84 | -0.21 | near the usual relationship |
| 2026-02-18 | 124.98 | 122.20 | -0.45 | near the usual relationship |
| 2026-02-17 | 124.31 | 120.60 | -0.24 | near the usual relationship |
| 2026-02-13 | 122.46 | 120.02 | -0.51 | WFC ahead |
| 2026-02-12 | 122.50 | 119.07 | -0.29 | near the usual relationship |
| 2026-02-11 | 125.81 | 122.74 | -0.39 | near the usual relationship |
| 2026-02-10 | 128.83 | 126.82 | -0.63 | WFC ahead |
| 2026-02-09 | 130.37 | 130.55 | -1.08 | WFC ahead |
| 2026-02-06 | 130.49 | 129.67 | -0.87 | WFC ahead |
| 2026-02-05 | 125.54 | 126.96 | -1.34 | WFC ahead |
| 2026-02-04 | 128.42 | 128.52 | -1.06 | WFC ahead |
| 2026-02-03 | 127.44 | 127.38 | -1.02 | WFC ahead |
| 2026-02-02 | 124.72 | 127.32 | -1.59 | WFC ahead |
| 2026-01-30 | 123.81 | 124.87 | -1.27 | WFC ahead |
| 2026-01-29 | 124.03 | 125.07 | -1.27 | WFC ahead |
| 2026-01-28 | 121.74 | 121.47 | -0.99 | WFC ahead |
| 2026-01-27 | 121.55 | 122.41 | -1.24 | WFC ahead |
| 2026-01-26 | 121.85 | 121.50 | -0.97 | WFC ahead |
| 2026-01-23 | 120.51 | 119.99 | -0.93 | WFC ahead |
| 2026-01-22 | 122.90 | 121.48 | -0.74 | WFC ahead |
| 2026-01-21 | 122.25 | 118.84 | -0.28 | near the usual relationship |
| 2026-01-20 | 122.54 | 119.58 | -0.38 | near the usual relationship |
| 2026-01-16 | 126.48 | 121.95 | -0.06 | near the usual relationship |
| 2026-01-15 | 125.18 | 122.75 | -0.50 | WFC ahead |
| 2026-01-14 | 124.61 | 123.15 | -0.71 | WFC ahead |
| 2026-01-13 | 125.84 | 129.10 | -1.70 | WFC ahead |
| 2026-01-12 | 131.34 | 131.03 | -0.96 | WFC ahead |
| 2026-01-09 | 133.24 | 132.40 | -0.85 | WFC ahead |
| 2026-01-08 | 133.49 | 131.92 | -0.70 | WFC ahead |
| 2026-01-07 | 132.35 | 130.11 | -0.56 | WFC ahead |
| 2026-01-06 | 135.44 | 133.01 | -0.53 | WFC ahead |
| 2026-01-05 | 135.21 | 132.99 | -0.57 | WFC ahead |
| 2026-01-02 | 131.74 | 131.36 | -0.93 | WFC ahead |
| 2025-12-31 | 130.42 | 128.60 | -0.63 | WFC ahead |
| 2025-12-30 | 130.91 | 130.14 | -0.84 | WFC ahead |
| 2025-12-29 | 131.04 | 130.43 | -0.87 | WFC ahead |
| 2025-12-26 | 132.72 | 131.45 | -0.74 | WFC ahead |
| 2025-12-24 | 133.23 | 131.50 | -0.65 | WFC ahead |
| 2025-12-23 | 131.92 | 130.36 | -0.67 | WFC ahead |
| 2025-12-22 | 130.77 | 130.10 | -0.84 | WFC ahead |
| 2025-12-19 | 128.39 | 128.34 | -0.96 | WFC ahead |
| 2025-12-18 | 126.69 | 126.23 | -0.87 | WFC ahead |
| 2025-12-17 | 127.49 | 127.76 | -1.02 | WFC ahead |
| 2025-12-16 | 127.72 | 127.21 | -0.86 | WFC ahead |
| 2025-12-15 | 129.53 | 128.19 | -0.70 | WFC ahead |
| 2025-12-12 | 128.92 | 128.00 | -0.78 | WFC ahead |
| 2025-12-11 | 128.46 | 127.76 | -0.82 | WFC ahead |
| 2025-12-10 | 125.52 | 125.14 | -0.87 | WFC ahead |
| 2025-12-09 | 121.63 | 122.66 | -1.16 | WFC ahead |
| 2025-12-08 | 127.58 | 124.27 | -0.27 | near the usual relationship |
| 2025-12-05 | 127.52 | 123.95 | -0.22 | near the usual relationship |
| 2025-12-04 | 127.94 | 124.48 | -0.23 | near the usual relationship |
| 2025-12-03 | 126.34 | 123.29 | -0.30 | near the usual relationship |
| 2025-12-02 | 124.62 | 119.11 | +0.23 | near the usual relationship |
| 2025-12-01 | 125.04 | 117.84 | +0.58 | JPM ahead |
| 2025-11-28 | 126.72 | 118.46 | +0.78 | JPM ahead |
| 2025-11-26 | 124.52 | 118.06 | +0.45 | near the usual relationship |
| 2025-11-25 | 122.64 | 117.43 | +0.22 | near the usual relationship |
| 2025-11-24 | 120.62 | 116.82 | -0.05 | near the usual relationship |
| 2025-11-21 | 120.63 | 114.68 | +0.40 | near the usual relationship |
| 2025-11-20 | 120.77 | 113.70 | +0.63 | JPM ahead |
| 2025-11-19 | 122.75 | 116.13 | +0.52 | JPM ahead |
| 2025-11-18 | 121.19 | 115.72 | +0.31 | near the usual relationship |
| 2025-11-17 | 121.58 | 115.11 | +0.52 | JPM ahead |
| 2025-11-14 | 122.89 | 117.36 | +0.32 | near the usual relationship |
| 2025-11-13 | 125.27 | 116.88 | +0.87 | JPM ahead |
| 2025-11-12 | 129.69 | 119.03 | +1.26 | JPM ahead |
| 2025-11-11 | 127.75 | 118.93 | +0.94 | JPM ahead |
| 2025-11-10 | 128.26 | 118.81 | +1.06 | JPM ahead |
| 2025-11-07 | 127.18 | 118.72 | +0.89 | JPM ahead |
| 2025-11-06 | 126.86 | 118.72 | +0.83 | JPM ahead |
| 2025-11-05 | 126.16 | 119.98 | +0.46 | near the usual relationship |
| 2025-11-04 | 125.17 | 120.23 | +0.24 | near the usual relationship |
| 2025-11-03 | 125.21 | 120.46 | +0.20 | near the usual relationship |
| 2025-10-31 | 125.93 | 120.01 | +0.43 | near the usual relationship |
| 2025-10-30 | 125.25 | 118.66 | +0.57 | JPM ahead |
| 2025-10-29 | 123.66 | 118.67 | +0.27 | near the usual relationship |
| 2025-10-28 | 123.60 | 119.91 | +0.02 | near the usual relationship |
| 2025-10-27 | 123.11 | 120.06 | -0.10 | near the usual relationship |
| 2025-10-24 | 121.61 | 119.24 | -0.22 | near the usual relationship |
| 2025-10-23 | 119.22 | 116.54 | -0.15 | near the usual relationship |
| 2025-10-22 | 119.04 | 115.74 | -0.03 | near the usual relationship |
| 2025-10-21 | 120.25 | 116.96 | -0.03 | near the usual relationship |
| 2025-10-20 | 122.38 | 118.70 | +0.03 | near the usual relationship |
| 2025-10-17 | 120.44 | 114.92 | +0.41 | near the usual relationship |
| 2025-10-16 | 120.84 | 115.91 | +0.29 | near the usual relationship |
| 2025-10-15 | 123.73 | 119.30 | +0.17 | near the usual relationship |
| 2025-10-14 | 122.27 | 116.68 | +0.40 | near the usual relationship |
| 2025-10-13 | 124.65 | 108.90 | +2.46 | JPM ahead |
| 2025-10-10 | 121.79 | 107.11 | +2.33 | JPM ahead |
| 2025-10-09 | 123.67 | 110.24 | +2.03 | JPM ahead |
| 2025-10-08 | 123.06 | 110.02 | +1.97 | JPM ahead |
| 2025-10-07 | 124.54 | 111.96 | +1.85 | JPM ahead |
| 2025-10-06 | 125.14 | 111.34 | +2.10 | JPM ahead |
| 2025-10-03 | 125.49 | 111.32 | +2.19 | JPM ahead |
| 2025-10-02 | 124.48 | 111.08 | +2.06 | JPM ahead |
| 2025-10-01 | 125.76 | 111.59 | +2.20 | JPM ahead |
| 2025-09-30 | 127.67 | 115.66 | +1.71 | JPM ahead |
| 2025-09-29 | 127.78 | 116.81 | +1.47 | JPM ahead |
| 2025-09-26 | 127.93 | 117.30 | +1.38 | JPM ahead |
| 2025-09-25 | 126.87 | 116.35 | +1.36 | JPM ahead |
| 2025-09-24 | 126.86 | 116.06 | +1.42 | JPM ahead |
| 2025-09-23 | 126.58 | 116.42 | +1.29 | JPM ahead |
| 2025-09-22 | 126.46 | 117.51 | +1.04 | JPM ahead |
| 2025-09-19 | 127.41 | 116.79 | +1.35 | JPM ahead |
| 2025-09-18 | 126.78 | 115.22 | +1.54 | JPM ahead |
| 2025-09-17 | 126.18 | 113.81 | +1.70 | JPM ahead |
| 2025-09-16 | 125.15 | 112.31 | +1.79 | JPM ahead |
| 2025-09-15 | 125.03 | 112.34 | +1.76 | JPM ahead |
| 2025-09-12 | 124.22 | 112.41 | +1.59 | JPM ahead |
| 2025-09-11 | 123.68 | 112.12 | +1.53 | JPM ahead |
| 2025-09-10 | 121.65 | 110.80 | +1.41 | JPM ahead |
| 2025-09-09 | 120.56 | 111.44 | +1.07 | JPM ahead |
| 2025-09-08 | 118.56 | 109.20 | +1.14 | JPM ahead |
| 2025-09-05 | 119.15 | 108.96 | +1.30 | JPM ahead |
| 2025-09-04 | 122.97 | 112.92 | +1.20 | JPM ahead |
| 2025-09-03 | 121.23 | 111.09 | +1.23 | JPM ahead |
| 2025-09-02 | 121.31 | 112.85 | +0.90 | JPM ahead |
| 2025-08-29 | 122.00 | 113.40 | +0.90 | JPM ahead |
| 2025-08-28 | 121.86 | 113.12 | +0.92 | JPM ahead |
| 2025-08-27 | 121.14 | 113.84 | +0.65 | JPM ahead |
| 2025-08-26 | 120.85 | 112.47 | +0.84 | JPM ahead |
| 2025-08-25 | 119.36 | 110.65 | +0.91 | JPM ahead |
| 2025-08-22 | 119.91 | 109.15 | +1.29 | JPM ahead |
| 2025-08-21 | 117.98 | 107.40 | +1.29 | JPM ahead |
| 2025-08-20 | 118.29 | 107.85 | +1.24 | JPM ahead |
| 2025-08-19 | 117.65 | 106.98 | +1.29 | JPM ahead |
| 2025-08-18 | 118.00 | 106.86 | +1.36 | JPM ahead |
| 2025-08-15 | 117.58 | 106.39 | +1.37 | JPM ahead |
| 2025-08-14 | 119.06 | 109.58 | +1.01 | JPM ahead |
| 2025-08-13 | 117.59 | 107.48 | +1.14 | JPM ahead |
| 2025-08-12 | 118.53 | 109.67 | +0.88 | JPM ahead |
| 2025-08-11 | 117.20 | 107.06 | +1.13 | JPM ahead |
| 2025-08-08 | 116.88 | 107.42 | +1.01 | JPM ahead |
| 2025-08-07 | 116.14 | 106.32 | +1.08 | JPM ahead |
| 2025-08-06 | 117.93 | 107.09 | +1.24 | JPM ahead |
| 2025-08-05 | 117.93 | 107.58 | +1.16 | JPM ahead |
| 2025-08-04 | 119.10 | 107.05 | +1.46 | JPM ahead |
| 2025-08-01 | 117.13 | 107.33 | +1.08 | JPM ahead |
| 2025-07-31 | 119.91 | 111.26 | +0.84 | JPM ahead |
| 2025-07-30 | 121.28 | 112.85 | +0.79 | JPM ahead |
| 2025-07-29 | 120.23 | 114.05 | +0.40 | near the usual relationship |
| 2025-07-28 | 120.73 | 114.63 | +0.39 | near the usual relationship |
| 2025-07-25 | 120.87 | 116.35 | +0.11 | near the usual relationship |
| 2025-07-24 | 120.03 | 115.73 | +0.08 | near the usual relationship |
| 2025-07-23 | 120.12 | 115.50 | +0.13 | near the usual relationship |
| 2025-07-22 | 117.96 | 113.67 | +0.09 | near the usual relationship |
| 2025-07-21 | 117.77 | 110.78 | +0.57 | JPM ahead |
| 2025-07-18 | 117.89 | 111.27 | +0.51 | JPM ahead |
| 2025-07-17 | 117.34 | 109.99 | +0.65 | JPM ahead |
| 2025-07-16 | 115.69 | 110.27 | +0.31 | near the usual relationship |
| 2025-07-15 | 115.98 | 108.82 | +0.63 | JPM ahead |
| 2025-07-14 | 116.85 | 115.12 | -0.35 | near the usual relationship |
| 2025-07-11 | 116.11 | 113.91 | -0.27 | near the usual relationship |
| 2025-07-10 | 116.65 | 113.65 | -0.13 | near the usual relationship |
| 2025-07-09 | 114.61 | 112.86 | -0.34 | near the usual relationship |
| 2025-07-08 | 114.46 | 112.58 | -0.32 | near the usual relationship |
| 2025-07-07 | 118.18 | 113.62 | +0.14 | near the usual relationship |
| 2025-07-03 | 119.81 | 115.36 | +0.12 | near the usual relationship |
| 2025-07-02 | 118.19 | 113.65 | +0.15 | near the usual relationship |
| 2025-07-01 | 117.55 | 112.45 | +0.25 | near the usual relationship |
| 2025-06-30 | 117.34 | 110.56 | +0.56 | JPM ahead |
| 2025-06-27 | 116.21 | 109.70 | +0.53 | JPM ahead |
| 2025-06-26 | 116.87 | 110.34 | +0.53 | JPM ahead |
| 2025-06-25 | 114.98 | 109.11 | +0.43 | near the usual relationship |
| 2025-06-24 | 113.84 | 107.78 | +0.48 | near the usual relationship |
| 2025-06-23 | 112.63 | 106.26 | +0.56 | JPM ahead |
| 2025-06-20 | 111.31 | 104.04 | +0.75 | JPM ahead |
| 2025-06-18 | 110.89 | 103.13 | +0.85 | JPM ahead |
| 2025-06-17 | 109.09 | 100.04 | +1.14 | JPM ahead |
| 2025-06-16 | 109.43 | 100.94 | +1.04 | JPM ahead |
| 2025-06-13 | 107.24 | 99.85 | +0.86 | JPM ahead |
| 2025-06-12 | 108.57 | 102.13 | +0.66 | JPM ahead |
| 2025-06-11 | 108.54 | 103.39 | +0.41 | near the usual relationship |
| 2025-06-10 | 108.72 | 104.11 | +0.31 | near the usual relationship |
| 2025-06-09 | 107.97 | 105.51 | -0.10 | near the usual relationship |
| 2025-06-06 | 107.56 | 105.33 | -0.14 | near the usual relationship |
| 2025-06-05 | 106.03 | 103.35 | -0.04 | near the usual relationship |
| 2025-06-04 | 106.95 | 104.02 | +0.01 | near the usual relationship |
| 2025-06-03 | 107.78 | 104.39 | +0.09 | near the usual relationship |
| 2025-06-02 | 107.12 | 103.10 | +0.22 | near the usual relationship |
| 2025-05-30 | 106.86 | 103.19 | +0.16 | near the usual relationship |
| 2025-05-29 | 107.01 | 102.81 | +0.26 | near the usual relationship |
| 2025-05-28 | 106.65 | 101.74 | +0.41 | near the usual relationship |
| 2025-05-27 | 107.38 | 102.10 | +0.48 | near the usual relationship |
| 2025-05-23 | 105.52 | 100.50 | +0.46 | near the usual relationship |
| 2025-05-22 | 105.51 | 101.27 | +0.31 | near the usual relationship |
| 2025-05-21 | 105.66 | 100.99 | +0.39 | near the usual relationship |
| 2025-05-20 | 107.54 | 104.21 | +0.13 | near the usual relationship |
| 2025-05-19 | 107.21 | 104.95 | -0.06 | near the usual relationship |
| 2025-05-16 | 108.30 | 105.12 | +0.11 | near the usual relationship |
| 2025-05-15 | 108.27 | 104.31 | +0.26 | near the usual relationship |
| 2025-05-14 | 107.52 | 105.26 | -0.04 | near the usual relationship |
| 2025-05-13 | 106.46 | 104.86 | -0.15 | near the usual relationship |
| 2025-05-12 | 105.26 | 103.33 | -0.08 | near the usual relationship |
| 2025-05-09 | 102.44 | 99.97 | +0.04 | near the usual relationship |
| 2025-05-08 | 102.59 | 101.16 | -0.15 | near the usual relationship |
| 2025-05-07 | 100.94 | 100.98 | -0.41 | near the usual relationship |
| 2025-05-06 | 100.89 | 101.39 | -0.49 | near the usual relationship |
| 2025-05-05 | 102.23 | 101.90 | -0.34 | near the usual relationship |
| 2025-05-02 | 102.21 | 101.84 | -0.32 | near the usual relationship |
| 2025-05-01 | 99.93 | 99.09 | -0.23 | near the usual relationship |
| 2025-04-30 | 99.01 | 97.99 | -0.19 | near the usual relationship |
| 2025-04-29 | 99.01 | 98.11 | -0.21 | near the usual relationship |
| 2025-04-28 | 98.45 | 95.81 | +0.13 | near the usual relationship |
| 2025-04-25 | 98.58 | 96.22 | +0.08 | near the usual relationship |
| 2025-04-24 | 99.02 | 95.98 | +0.21 | near the usual relationship |
| 2025-04-23 | 97.50 | 93.75 | +0.36 | near the usual relationship |
| 2025-04-22 | 95.36 | 91.39 | +0.43 | near the usual relationship |
| 2025-04-21 | 92.69 | 88.33 | +0.53 | JPM ahead |
| 2025-04-17 | 93.89 | 89.29 | +0.58 | JPM ahead |
| 2025-04-16 | 92.94 | 88.28 | +0.60 | JPM ahead |
| 2025-04-15 | 94.36 | 89.06 | +0.72 | JPM ahead |
| 2025-04-14 | 95.01 | 87.07 | +1.24 | JPM ahead |
| 2025-04-11 | 95.60 | 86.26 | +1.52 | JPM ahead |
| 2025-04-10 | 91.93 | 87.08 | +0.68 | JPM ahead |
| 2025-04-09 | 94.85 | 91.53 | +0.36 | near the usual relationship |
| 2025-04-08 | 87.78 | 85.66 | +0.16 | near the usual relationship |
| 2025-04-07 | 86.80 | 85.79 | -0.06 | near the usual relationship |
| 2025-04-04 | 85.11 | 84.15 | -0.07 | near the usual relationship |
| 2025-04-03 | 92.56 | 90.62 | +0.11 | near the usual relationship |
| 2025-04-02 | 99.50 | 99.71 | -0.30 | near the usual relationship |
| 2025-04-01 | 98.62 | 98.40 | -0.23 | near the usual relationship |
| 2025-03-31 | 99.29 | 99.06 | -0.23 | near the usual relationship |
| 2025-03-28 | 98.30 | 97.54 | -0.13 | near the usual relationship |
| 2025-03-27 | 100.43 | 99.74 | -0.15 | near the usual relationship |
| 2025-03-26 | 101.61 | 101.38 | -0.23 | near the usual relationship |
| 2025-03-25 | 101.65 | 102.44 | -0.41 | near the usual relationship |
| 2025-03-24 | 100.40 | 102.50 | -0.63 | WFC ahead |
| 2025-03-21 | 97.80 | 100.07 | -0.67 | WFC ahead |
| 2025-03-20 | 96.74 | 100.07 | -0.87 | WFC ahead |
| 2025-03-19 | 96.78 | 100.40 | -0.92 | WFC ahead |
| 2025-03-18 | 95.11 | 98.12 | -0.82 | WFC ahead |
| 2025-03-17 | 94.69 | 97.75 | -0.83 | WFC ahead |
| 2025-03-14 | 94.08 | 97.76 | -0.95 | WFC ahead |
| 2025-03-13 | 91.15 | 94.47 | -0.90 | WFC ahead |
| 2025-03-12 | 92.24 | 95.12 | -0.81 | WFC ahead |
| 2025-03-11 | 92.75 | 92.84 | -0.29 | near the usual relationship |
| 2025-03-10 | 93.99 | 92.15 | +0.08 | near the usual relationship |
| 2025-03-07 | 98.07 | 98.04 | -0.26 | near the usual relationship |
| 2025-03-06 | 99.79 | 100.25 | -0.35 | near the usual relationship |
| 2025-03-05 | 101.81 | 102.33 | -0.35 | near the usual relationship |
| 2025-03-04 | 101.29 | 101.15 | -0.24 | near the usual relationship |
| 2025-03-03 | 105.49 | 106.29 | -0.40 | near the usual relationship |
| 2025-02-28 | 107.12 | 108.07 | -0.42 | near the usual relationship |
| 2025-02-27 | 104.85 | 105.73 | -0.41 | near the usual relationship |
| 2025-02-26 | 104.75 | 105.49 | -0.39 | near the usual relationship |
| 2025-02-25 | 104.19 | 104.87 | -0.38 | near the usual relationship |
| 2025-02-24 | 105.78 | 106.55 | -0.39 | near the usual relationship |
| 2025-02-21 | 106.95 | 106.94 | -0.26 | near the usual relationship |
| 2025-02-20 | 107.99 | 108.50 | -0.35 | near the usual relationship |
| 2025-02-19 | 113.03 | 110.87 | +0.07 | near the usual relationship |
| 2025-02-18 | 113.31 | 111.47 | +0.02 | near the usual relationship |
| 2025-02-14 | 111.95 | 110.36 | -0.02 | near the usual relationship |
| 2025-02-13 | 111.84 | 108.80 | +0.20 | near the usual relationship |
| 2025-02-12 | 111.49 | 109.36 | +0.06 | near the usual relationship |
| 2025-02-11 | 111.30 | 109.89 | -0.06 | near the usual relationship |
| 2025-02-10 | 109.71 | 109.15 | -0.20 | near the usual relationship |
| 2025-02-07 | 111.63 | 111.32 | -0.24 | near the usual relationship |
| 2025-02-06 | 112.08 | 112.35 | -0.33 | near the usual relationship |
| 2025-02-05 | 109.46 | 110.46 | -0.45 | near the usual relationship |
| 2025-02-04 | 108.45 | 109.66 | -0.49 | near the usual relationship |
| 2025-02-03 | 107.99 | 107.82 | -0.27 | near the usual relationship |
| 2025-01-31 | 108.19 | 108.73 | -0.39 | near the usual relationship |
| 2025-01-30 | 108.57 | 108.76 | -0.33 | near the usual relationship |
| 2025-01-29 | 107.90 | 108.14 | -0.34 | near the usual relationship |
| 2025-01-28 | 108.13 | 107.47 | -0.20 | near the usual relationship |
| 2025-01-27 | 107.61 | 107.55 | -0.29 | near the usual relationship |
| 2025-01-24 | 107.20 | 106.69 | -0.22 | near the usual relationship |
| 2025-01-23 | 107.65 | 106.84 | -0.18 | near the usual relationship |
| 2025-01-22 | 106.39 | 107.00 | -0.41 | near the usual relationship |
| 2025-01-21 | 106.46 | 107.42 | -0.47 | near the usual relationship |
| 2025-01-17 | 104.90 | 106.36 | -0.56 | WFC ahead |
| 2025-01-16 | 102.92 | 104.80 | -0.64 | WFC ahead |
| 2025-01-15 | 102.14 | 104.80 | -0.77 | WFC ahead |
| 2025-01-14 | 100.17 | 98.23 | +0.01 | near the usual relationship |
| 2025-01-13 | 98.85 | 97.32 | -0.06 | near the usual relationship |
| 2025-01-10 | 97.09 | 96.54 | -0.23 | near the usual relationship |
| 2025-01-08 | 98.41 | 98.76 | -0.39 | near the usual relationship |
| 2025-01-07 | 98.43 | 98.79 | -0.39 | near the usual relationship |
| 2025-01-06 | 97.49 | 99.39 | -0.67 | WFC ahead |
| 2025-01-03 | 98.47 | 98.40 | -0.32 | near the usual relationship |
| 2025-01-02 | 97.14 | 96.85 | -0.28 | near the usual relationship |
| 2024-12-31 | 97.03 | 96.92 | -0.32 | near the usual relationship |
| 2024-12-30 | 96.87 | 97.16 | -0.39 | near the usual relationship |
| 2024-12-27 | 97.62 | 98.12 | -0.43 | near the usual relationship |
| 2024-12-26 | 98.41 | 99.02 | -0.45 | near the usual relationship |
| 2024-12-24 | 98.08 | 98.79 | -0.46 | near the usual relationship |
| 2024-12-23 | 96.49 | 97.34 | -0.49 | near the usual relationship |
| 2024-12-20 | 96.17 | 97.06 | -0.50 | WFC ahead |
| 2024-12-19 | 94.29 | 95.00 | -0.47 | near the usual relationship |
| 2024-12-18 | 93.24 | 94.88 | -0.64 | WFC ahead |
| 2024-12-17 | 96.48 | 97.71 | -0.56 | WFC ahead |
| 2024-12-16 | 96.97 | 99.32 | -0.75 | WFC ahead |
| 2024-12-13 | 97.12 | 97.20 | -0.35 | near the usual relationship |
| 2024-12-12 | 97.76 | 97.70 | -0.32 | near the usual relationship |
| 2024-12-11 | 98.57 | 98.80 | -0.38 | near the usual relationship |
| 2024-12-10 | 98.30 | 99.42 | -0.53 | WFC ahead |
| 2024-12-09 | 98.68 | 100.21 | -0.61 | WFC ahead |
| 2024-12-06 | 100.12 | 102.57 | -0.76 | WFC ahead |
| 2024-12-05 | 99.36 | 101.64 | -0.74 | WFC ahead |
| 2024-12-04 | 98.52 | 100.81 | -0.75 | WFC ahead |
| 2024-12-03 | 99.09 | 102.30 | -0.91 | WFC ahead |
| 2024-12-02 | 99.67 | 103.88 | -1.08 | WFC ahead |
| 2024-11-29 | 101.08 | 105.11 | -1.05 | WFC ahead |
| 2024-11-27 | 101.10 | 106.54 | -1.30 | WFC ahead |
| 2024-11-26 | 101.18 | 106.73 | -1.33 | WFC ahead |
| 2024-11-25 | 101.31 | 106.11 | -1.21 | WFC ahead |
| 2024-11-22 | 100.60 | 104.82 | -1.12 | WFC ahead |
| 2024-11-21 | 99.07 | 103.26 | -1.14 | WFC ahead |
| 2024-11-20 | 97.46 | 101.53 | -1.14 | WFC ahead |
| 2024-11-19 | 98.39 | 101.32 | -0.94 | WFC ahead |
| 2024-11-18 | 99.18 | 102.24 | -0.97 | WFC ahead |
| 2024-11-15 | 99.29 | 102.58 | -1.01 | WFC ahead |
| 2024-11-14 | 97.90 | 100.46 | -0.90 | WFC ahead |
| 2024-11-13 | 97.61 | 100.41 | -0.95 | WFC ahead |
| 2024-11-12 | 96.96 | 100.18 | -1.03 | WFC ahead |
| 2024-11-11 | 96.86 | 100.12 | -1.05 | WFC ahead |
| 2024-11-08 | 95.92 | 96.65 | -0.59 | WFC ahead |
| 2024-11-07 | 95.68 | 96.34 | -0.58 | WFC ahead |
| 2024-11-06 | 100.00 | 100.00 | -0.46 | near the usual relationship |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Jul 15, 2025 (JPM -0.7%, WFC -5.5%); Oct 14, 2025 (JPM -1.9%, WFC +7.2%); Jul 14, 2026 (JPM +2.5%, WFC -2.7%).
Paired trades
The shared paper book and the replay, kept apart
Forward paper record
No paper position on this pair yet.
Historical simulation (a diagnostic, same rules)
1 simulated trade to Nov 3, 2026: +5.78% per trade on average after costs, 1 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long JPM · Short WFC | Mar 15, 2024 | Apr 3, 2024 | converged | 19 | $606.18 | -$26.87 | $578.13 (+5.78%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
The companies
JPM and WFC at a glance
JPM JP Morgan Chase & Co.
- Listing
- NYSE · SEC CIK 19617
- Industry
- Major Banks · SIC 6021 National Commercial Banks
- Market value
- $898.4B
- Price history
- 2,533 daily closes, Oct 12, 2016 to Nov 10, 2026
WFC Wells Fargo & Company
- Listing
- NYSE · SEC CIK 72971
- Industry
- Major Banks · SIC 6021 National Commercial Banks
- Market value
- $256.7B
- Price history
- 2,534 daily closes, Oct 12, 2016 to Nov 10, 2026
Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.
Related
All pairs →Other rivals of JPM and WFC
Follow the research behind the paper book
Boostio is a research-first platform in private beta: crypto candidates, daily market stories, public paper trading and now rival stocks. Exploring these pages stays free and open.
Explore the private betaPaper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.
