JP Morgan Chase & Co. vs Wells Fargo & Company
WatchlistJPM / WFCPrices through Oct 22, 2026
Why these are rivals: #1 and #3 by market value ($887B vs $247B) in Nasdaq's "Major Banks" industry; SEC SIC 6021 / 6021 (same major group); #1 and #3 by market value ($887B vs $247B) 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: -1.19 (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 $886.6B, WFC $247.4B.
Stock leadership
JPM is ahead now
Measured against the pair's own last 252 trading days.
JPM leads WFC by 1.08 standard deviations: +7.5% over its usual price ratio. 2 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| JPM | -4.7% | +8.0% | +13.3% |
| WFC | -3.8% | +3.1% | -2.1% |
Relationship
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 2520 (needs >= 254)
- Pass
- Co-movement: daily return correlation, 252 sessions: 0.71 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -1.19 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 46.23 (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 = 2024-10-18. 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 |
|---|---|---|---|---|
| 2026-10-22 | 149.33 | 128.98 | +1.08 | JPM ahead |
| 2026-10-21 | 148.73 | 128.06 | +1.14 | JPM ahead |
| 2026-10-20 | 148.76 | 127.72 | +1.19 | JPM ahead |
| 2026-10-19 | 147.99 | 127.10 | +1.20 | JPM ahead |
| 2026-10-16 | 150.74 | 130.31 | +1.11 | JPM ahead |
| 2026-10-15 | 148.88 | 128.57 | +1.13 | JPM ahead |
| 2026-10-14 | 148.77 | 125.70 | +1.47 | JPM ahead |
| 2026-10-13 | 147.06 | 125.45 | +1.33 | JPM ahead |
| 2026-10-12 | 148.33 | 129.46 | +0.99 | JPM ahead |
| 2026-10-09 | 147.75 | 129.82 | +0.90 | JPM ahead |
| 2026-10-08 | 147.06 | 127.45 | +1.11 | JPM ahead |
| 2026-10-07 | 146.24 | 124.70 | +1.36 | JPM ahead |
| 2026-10-06 | 146.99 | 126.65 | +1.21 | JPM ahead |
| 2026-10-05 | 147.48 | 126.54 | +1.29 | JPM ahead |
| 2026-10-02 | 147.48 | 125.00 | +1.48 | JPM ahead |
| 2026-10-01 | 147.84 | 124.69 | +1.57 | JPM ahead |
| 2026-09-30 | 146.79 | 124.38 | +1.52 | JPM ahead |
| 2026-09-29 | 148.64 | 125.05 | +1.64 | JPM ahead |
| 2026-09-28 | 149.35 | 125.56 | +1.67 | JPM ahead |
| 2026-09-25 | 152.22 | 128.92 | +1.57 | JPM ahead |
| 2026-09-24 | 150.22 | 127.69 | +1.52 | JPM ahead |
| 2026-09-23 | 149.77 | 127.25 | +1.54 | JPM ahead |
| 2026-09-22 | 150.86 | 129.20 | +1.43 | JPM ahead |
| 2026-09-21 | 156.21 | 134.46 | +1.36 | JPM ahead |
| 2026-09-18 | 155.15 | 133.81 | +1.34 | JPM ahead |
| 2026-09-17 | 154.99 | 135.01 | +1.18 | JPM ahead |
| 2026-09-16 | 154.82 | 135.25 | +1.14 | JPM ahead |
| 2026-09-15 | 156.41 | 139.40 | +0.82 | JPM ahead |
| 2026-09-14 | 155.36 | 137.83 | +0.90 | JPM ahead |
| 2026-09-11 | 158.06 | 140.29 | +0.90 | JPM ahead |
| 2026-09-10 | 156.88 | 138.98 | +0.93 | JPM ahead |
| 2026-09-09 | 157.39 | 139.33 | +0.95 | JPM ahead |
| 2026-09-08 | 156.86 | 136.67 | +1.22 | JPM ahead |
| 2026-09-04 | 159.13 | 139.79 | +1.09 | JPM ahead |
| 2026-09-03 | 160.65 | 138.58 | +1.40 | JPM ahead |
| 2026-09-02 | 158.06 | 138.70 | +1.13 | JPM ahead |
| 2026-09-01 | 157.50 | 135.24 | +1.50 | JPM ahead |
| 2026-08-31 | 157.97 | 134.23 | +1.69 | JPM ahead |
| 2026-08-28 | 158.68 | 134.70 | +1.73 | JPM ahead |
| 2026-08-27 | 157.17 | 132.02 | +1.93 | JPM ahead |
| 2026-08-26 | 158.18 | 132.43 | +2.01 | JPM ahead |
| 2026-08-25 | 158.27 | 131.74 | +2.13 | JPM ahead |
| 2026-08-24 | 158.14 | 131.63 | +2.16 | JPM ahead |
| 2026-08-21 | 156.00 | 130.27 | +2.13 | JPM ahead |
| 2026-08-20 | 155.99 | 130.05 | +2.19 | JPM ahead |
| 2026-08-19 | 158.52 | 133.53 | +2.03 | JPM ahead |
| 2026-08-18 | 161.18 | 135.80 | +2.05 | JPM ahead |
| 2026-08-17 | 160.16 | 136.02 | +1.93 | JPM ahead |
| 2026-08-14 | 161.00 | 138.00 | +1.78 | JPM ahead |
| 2026-08-13 | 161.12 | 136.90 | +1.96 | JPM ahead |
| 2026-08-12 | 162.04 | 138.18 | +1.91 | JPM ahead |
| 2026-08-11 | 160.64 | 135.88 | +2.09 | JPM ahead |
| 2026-08-10 | 159.64 | 135.99 | +1.98 | JPM ahead |
| 2026-08-07 | 158.64 | 135.57 | +1.94 | JPM ahead |
| 2026-08-06 | 158.10 | 136.09 | +1.82 | JPM ahead |
| 2026-08-05 | 159.40 | 138.55 | +1.65 | JPM ahead |
| 2026-08-04 | 158.64 | 137.34 | +1.74 | JPM ahead |
| 2026-08-03 | 156.47 | 136.56 | +1.60 | JPM ahead |
| 2026-07-31 | 156.09 | 134.32 | +1.90 | JPM ahead |
| 2026-07-30 | 155.68 | 132.74 | +2.10 | JPM ahead |
| 2026-07-29 | 152.95 | 130.31 | +2.15 | JPM ahead |
| 2026-07-28 | 158.54 | 134.98 | +2.19 | JPM ahead |
| 2026-07-27 | 158.05 | 135.60 | +2.06 | JPM ahead |
| 2026-07-24 | 156.72 | 134.11 | +2.14 | JPM ahead |
| 2026-07-23 | 155.26 | 133.92 | +2.01 | JPM ahead |
| 2026-07-22 | 154.51 | 134.28 | +1.87 | JPM ahead |
| 2026-07-21 | 153.18 | 136.33 | +1.40 | JPM ahead |
| 2026-07-20 | 150.36 | 134.14 | +1.36 | JPM ahead |
| 2026-07-17 | 151.35 | 135.97 | +1.23 | JPM ahead |
| 2026-07-16 | 152.26 | 136.84 | +1.23 | JPM ahead |
| 2026-07-15 | 153.93 | 135.97 | +1.60 | JPM ahead |
| 2026-07-14 | 152.15 | 132.52 | +1.91 | JPM ahead |
| 2026-07-13 | 148.44 | 136.22 | +0.83 | JPM ahead |
| 2026-07-10 | 149.30 | 135.43 | +1.08 | JPM ahead |
| 2026-07-09 | 148.85 | 135.04 | +1.09 | JPM ahead |
| 2026-07-08 | 146.70 | 132.94 | +1.12 | JPM ahead |
| 2026-07-07 | 150.52 | 135.46 | +1.27 | JPM ahead |
| 2026-07-06 | 149.85 | 135.88 | +1.12 | JPM ahead |
| 2026-07-02 | 148.41 | 132.86 | +1.40 | JPM ahead |
| 2026-07-01 | 148.23 | 133.53 | +1.28 | JPM ahead |
| 2026-06-30 | 145.24 | 128.40 | +1.70 | JPM ahead |
| 2026-06-29 | 146.16 | 129.75 | +1.62 | JPM ahead |
| 2026-06-26 | 146.00 | 130.30 | +1.53 | JPM ahead |
| 2026-06-25 | 148.70 | 131.67 | +1.71 | JPM ahead |
| 2026-06-24 | 147.96 | 130.98 | +1.73 | JPM ahead |
| 2026-06-23 | 148.26 | 130.72 | +1.84 | JPM ahead |
| 2026-06-22 | 147.08 | 130.27 | +1.76 | JPM ahead |
| 2026-06-18 | 144.30 | 127.72 | +1.79 | JPM ahead |
| 2026-06-17 | 147.96 | 130.22 | +1.94 | JPM ahead |
| 2026-06-16 | 146.93 | 132.15 | +1.47 | JPM ahead |
| 2026-06-15 | 141.72 | 129.18 | +1.17 | JPM ahead |
| 2026-06-12 | 142.31 | 130.10 | +1.12 | JPM ahead |
| 2026-06-11 | 139.10 | 128.03 | +0.97 | JPM ahead |
| 2026-06-10 | 137.17 | 127.36 | +0.78 | JPM ahead |
| 2026-06-09 | 138.75 | 127.41 | +1.04 | JPM ahead |
| 2026-06-08 | 138.04 | 125.79 | +1.22 | JPM ahead |
| 2026-06-05 | 138.60 | 127.32 | +1.05 | JPM ahead |
| 2026-06-04 | 137.95 | 126.82 | +1.04 | JPM ahead |
| 2026-06-03 | 133.49 | 122.25 | +1.13 | JPM ahead |
| 2026-06-02 | 133.54 | 123.43 | +0.93 | JPM ahead |
| 2026-06-01 | 131.60 | 119.90 | +1.27 | JPM ahead |
| 2026-05-29 | 132.81 | 120.48 | +1.38 | JPM ahead |
| 2026-05-28 | 131.66 | 119.10 | +1.46 | JPM ahead |
| 2026-05-27 | 132.79 | 118.26 | +1.83 | JPM ahead |
| 2026-05-26 | 136.11 | 120.45 | +2.00 | JPM ahead |
| 2026-05-22 | 135.95 | 118.71 | +2.35 | JPM ahead |
| 2026-05-21 | 134.45 | 117.96 | +2.27 | JPM ahead |
| 2026-05-20 | 133.99 | 117.79 | +2.25 | JPM ahead |
| 2026-05-19 | 131.21 | 115.83 | +2.18 | JPM ahead |
| 2026-05-18 | 133.44 | 115.55 | +2.69 | JPM ahead |
| 2026-05-15 | 132.14 | 114.08 | +2.82 | JPM ahead |
| 2026-05-14 | 133.07 | 114.65 | +2.93 | JPM ahead |
| 2026-05-13 | 133.23 | 114.25 | +3.11 | JPM ahead |
| 2026-05-12 | 135.28 | 116.81 | +3.00 | JPM ahead |
| 2026-05-11 | 133.11 | 114.33 | +3.21 | JPM ahead |
| 2026-05-08 | 134.05 | 117.53 | +2.71 | JPM ahead |
| 2026-05-07 | 135.90 | 123.00 | +1.89 | JPM ahead |
| 2026-05-06 | 139.73 | 124.95 | +2.23 | JPM ahead |
| 2026-05-05 | 137.29 | 124.13 | +1.96 | JPM ahead |
| 2026-05-04 | 136.51 | 123.03 | +2.07 | JPM ahead |
| 2026-05-01 | 138.65 | 125.56 | +1.96 | JPM ahead |
| 2026-04-30 | 138.98 | 127.77 | +1.57 | JPM ahead |
| 2026-04-29 | 137.22 | 126.65 | +1.47 | JPM ahead |
| 2026-04-28 | 138.19 | 126.63 | +1.69 | JPM ahead |
| 2026-04-27 | 138.27 | 125.17 | +2.05 | JPM ahead |
| 2026-04-24 | 136.79 | 123.40 | +2.17 | JPM ahead |
| 2026-04-23 | 138.30 | 125.09 | +2.13 | JPM ahead |
| 2026-04-22 | 138.89 | 125.20 | +2.25 | JPM ahead |
| 2026-04-21 | 138.88 | 126.71 | +1.93 | JPM ahead |
| 2026-04-20 | 140.65 | 127.36 | +2.18 | JPM ahead |
| 2026-04-17 | 137.68 | 126.49 | +1.78 | JPM ahead |
| 2026-04-16 | 137.53 | 126.24 | +1.81 | JPM ahead |
| 2026-04-15 | 135.75 | 124.75 | +1.78 | JPM ahead |
| 2026-04-14 | 138.05 | 126.94 | +1.78 | JPM ahead |
| 2026-04-13 | 139.18 | 134.62 | +0.30 | near the usual relationship |
| 2026-04-10 | 137.49 | 132.69 | +0.37 | near the usual relationship |
| 2026-04-09 | 137.70 | 133.65 | +0.20 | near the usual relationship |
| 2026-04-08 | 136.65 | 131.54 | +0.45 | near the usual relationship |
| 2026-04-07 | 131.96 | 127.02 | +0.46 | near the usual relationship |
| 2026-04-06 | 131.10 | 127.18 | +0.24 | near the usual relationship |
| 2026-04-02 | 130.72 | 125.23 | +0.61 | JPM ahead |
| 2026-04-01 | 131.06 | 125.19 | +0.70 | JPM ahead |
| 2026-03-31 | 130.52 | 123.69 | +0.93 | JPM ahead |
| 2026-03-30 | 125.91 | 119.33 | +0.94 | JPM ahead |
| 2026-03-27 | 125.50 | 119.93 | +0.71 | JPM ahead |
| 2026-03-26 | 129.41 | 122.78 | +0.92 | JPM ahead |
| 2026-03-25 | 131.08 | 124.70 | +0.85 | JPM ahead |
| 2026-03-24 | 129.74 | 123.69 | +0.79 | JPM ahead |
| 2026-03-23 | 128.64 | 121.63 | +1.03 | JPM ahead |
| 2026-03-20 | 127.15 | 120.57 | +0.96 | JPM ahead |
| 2026-03-19 | 127.78 | 118.69 | +1.54 | JPM ahead |
| 2026-03-18 | 127.67 | 118.38 | +1.60 | JPM ahead |
| 2026-03-17 | 127.30 | 118.44 | +1.51 | JPM ahead |
| 2026-03-16 | 126.97 | 117.70 | +1.62 | JPM ahead |
| 2026-03-13 | 125.77 | 115.13 | +1.98 | JPM ahead |
| 2026-03-12 | 125.52 | 116.92 | +1.51 | JPM ahead |
| 2026-03-11 | 127.58 | 119.45 | +1.38 | JPM ahead |
| 2026-03-10 | 128.11 | 121.66 | +1.00 | JPM ahead |
| 2026-03-09 | 128.64 | 122.48 | +0.94 | JPM ahead |
| 2026-03-06 | 128.45 | 124.95 | +0.36 | near the usual relationship |
| 2026-03-05 | 130.25 | 127.58 | +0.17 | near the usual relationship |
| 2026-03-04 | 132.84 | 130.41 | +0.12 | near the usual relationship |
| 2026-03-03 | 133.23 | 128.23 | +0.66 | JPM ahead |
| 2026-03-02 | 132.03 | 128.31 | +0.41 | near the usual relationship |
| 2026-02-27 | 133.25 | 126.55 | +1.03 | JPM ahead |
| 2026-02-26 | 135.83 | 134.09 | +0.00 | near the usual relationship |
| 2026-02-25 | 134.58 | 134.80 | -0.39 | near the usual relationship |
| 2026-02-24 | 131.92 | 131.40 | -0.24 | near the usual relationship |
| 2026-02-23 | 132.08 | 132.30 | -0.38 | near the usual relationship |
| 2026-02-20 | 137.90 | 137.82 | -0.32 | near the usual relationship |
| 2026-02-19 | 136.69 | 136.06 | -0.21 | near the usual relationship |
| 2026-02-18 | 137.01 | 137.60 | -0.45 | near the usual relationship |
| 2026-02-17 | 136.28 | 135.80 | -0.24 | near the usual relationship |
| 2026-02-13 | 134.25 | 135.15 | -0.51 | WFC ahead |
| 2026-02-12 | 134.29 | 134.07 | -0.29 | near the usual relationship |
| 2026-02-11 | 137.92 | 138.21 | -0.39 | near the usual relationship |
| 2026-02-10 | 141.23 | 142.81 | -0.63 | WFC ahead |
| 2026-02-09 | 142.92 | 147.00 | -1.08 | WFC ahead |
| 2026-02-06 | 143.05 | 146.01 | -0.87 | WFC ahead |
| 2026-02-05 | 137.62 | 142.96 | -1.34 | WFC ahead |
| 2026-02-04 | 140.78 | 144.72 | -1.06 | WFC ahead |
| 2026-02-03 | 139.70 | 143.43 | -1.02 | WFC ahead |
| 2026-02-02 | 136.73 | 143.37 | -1.59 | WFC ahead |
| 2026-01-30 | 135.73 | 140.60 | -1.27 | WFC ahead |
| 2026-01-29 | 135.96 | 140.83 | -1.27 | WFC ahead |
| 2026-01-28 | 133.46 | 136.78 | -0.99 | WFC ahead |
| 2026-01-27 | 133.25 | 137.83 | -1.24 | WFC ahead |
| 2026-01-26 | 133.58 | 136.81 | -0.97 | WFC ahead |
| 2026-01-23 | 132.10 | 135.11 | -0.93 | WFC ahead |
| 2026-01-22 | 134.73 | 136.79 | -0.74 | WFC ahead |
| 2026-01-21 | 134.02 | 133.81 | -0.28 | near the usual relationship |
| 2026-01-20 | 134.33 | 134.65 | -0.38 | near the usual relationship |
| 2026-01-16 | 138.65 | 137.32 | -0.06 | near the usual relationship |
| 2026-01-15 | 137.22 | 138.22 | -0.50 | WFC ahead |
| 2026-01-14 | 136.61 | 138.67 | -0.71 | WFC ahead |
| 2026-01-13 | 137.95 | 145.37 | -1.70 | WFC ahead |
| 2026-01-12 | 143.98 | 147.55 | -0.96 | WFC ahead |
| 2026-01-09 | 146.07 | 149.08 | -0.85 | WFC ahead |
| 2026-01-08 | 146.33 | 148.54 | -0.70 | WFC ahead |
| 2026-01-07 | 145.09 | 146.50 | -0.56 | WFC ahead |
| 2026-01-06 | 148.47 | 149.77 | -0.53 | WFC ahead |
| 2026-01-05 | 148.22 | 149.75 | -0.57 | WFC ahead |
| 2026-01-02 | 144.42 | 147.92 | -0.93 | WFC ahead |
| 2025-12-31 | 142.97 | 144.81 | -0.63 | WFC ahead |
| 2025-12-30 | 143.51 | 146.54 | -0.84 | WFC ahead |
| 2025-12-29 | 143.65 | 146.86 | -0.87 | WFC ahead |
| 2025-12-26 | 145.50 | 148.01 | -0.74 | WFC ahead |
| 2025-12-24 | 146.06 | 148.07 | -0.65 | WFC ahead |
| 2025-12-23 | 144.62 | 146.78 | -0.67 | WFC ahead |
| 2025-12-22 | 143.36 | 146.49 | -0.84 | WFC ahead |
| 2025-12-19 | 140.75 | 144.52 | -0.96 | WFC ahead |
| 2025-12-18 | 138.88 | 142.14 | -0.87 | WFC ahead |
| 2025-12-17 | 139.76 | 143.86 | -1.02 | WFC ahead |
| 2025-12-16 | 140.01 | 143.24 | -0.86 | WFC ahead |
| 2025-12-15 | 142.00 | 144.34 | -0.70 | WFC ahead |
| 2025-12-12 | 141.33 | 144.13 | -0.78 | WFC ahead |
| 2025-12-11 | 140.83 | 143.86 | -0.82 | WFC ahead |
| 2025-12-10 | 137.60 | 140.91 | -0.87 | WFC ahead |
| 2025-12-09 | 133.34 | 138.11 | -1.16 | WFC ahead |
| 2025-12-08 | 139.86 | 139.93 | -0.27 | near the usual relationship |
| 2025-12-05 | 139.79 | 139.57 | -0.22 | near the usual relationship |
| 2025-12-04 | 140.26 | 140.16 | -0.23 | near the usual relationship |
| 2025-12-03 | 138.50 | 138.83 | -0.30 | near the usual relationship |
| 2025-12-02 | 136.61 | 134.12 | +0.23 | near the usual relationship |
| 2025-12-01 | 137.07 | 132.69 | +0.58 | JPM ahead |
| 2025-11-28 | 138.92 | 133.39 | +0.78 | JPM ahead |
| 2025-11-26 | 136.50 | 132.94 | +0.45 | near the usual relationship |
| 2025-11-25 | 134.45 | 132.22 | +0.22 | near the usual relationship |
| 2025-11-24 | 132.23 | 131.54 | -0.05 | near the usual relationship |
| 2025-11-21 | 132.24 | 129.13 | +0.40 | near the usual relationship |
| 2025-11-20 | 132.40 | 128.03 | +0.63 | JPM ahead |
| 2025-11-19 | 134.57 | 130.76 | +0.52 | JPM ahead |
| 2025-11-18 | 132.85 | 130.30 | +0.31 | near the usual relationship |
| 2025-11-17 | 133.28 | 129.61 | +0.52 | JPM ahead |
| 2025-11-14 | 134.72 | 132.15 | +0.32 | near the usual relationship |
| 2025-11-13 | 137.32 | 131.60 | +0.87 | JPM ahead |
| 2025-11-12 | 142.17 | 134.03 | +1.26 | JPM ahead |
| 2025-11-11 | 140.05 | 133.92 | +0.94 | JPM ahead |
| 2025-11-10 | 140.61 | 133.78 | +1.06 | JPM ahead |
| 2025-11-07 | 139.42 | 133.69 | +0.89 | JPM ahead |
| 2025-11-06 | 139.07 | 133.69 | +0.83 | JPM ahead |
| 2025-11-05 | 138.30 | 135.10 | +0.46 | near the usual relationship |
| 2025-11-04 | 137.22 | 135.38 | +0.24 | near the usual relationship |
| 2025-11-03 | 137.26 | 135.64 | +0.20 | near the usual relationship |
| 2025-10-31 | 138.05 | 135.13 | +0.43 | near the usual relationship |
| 2025-10-30 | 137.30 | 133.61 | +0.57 | JPM ahead |
| 2025-10-29 | 135.56 | 133.62 | +0.27 | near the usual relationship |
| 2025-10-28 | 135.49 | 135.02 | +0.02 | near the usual relationship |
| 2025-10-27 | 134.96 | 135.19 | -0.10 | near the usual relationship |
| 2025-10-24 | 133.31 | 134.26 | -0.22 | near the usual relationship |
| 2025-10-23 | 130.69 | 131.23 | -0.15 | near the usual relationship |
| 2025-10-22 | 130.50 | 130.33 | -0.03 | near the usual relationship |
| 2025-10-21 | 131.82 | 131.70 | -0.03 | near the usual relationship |
| 2025-10-20 | 134.16 | 133.65 | +0.03 | near the usual relationship |
| 2025-10-17 | 132.03 | 129.40 | +0.41 | near the usual relationship |
| 2025-10-16 | 132.47 | 130.52 | +0.29 | near the usual relationship |
| 2025-10-15 | 135.64 | 134.34 | +0.17 | near the usual relationship |
| 2025-10-14 | 134.04 | 131.39 | +0.40 | near the usual relationship |
| 2025-10-13 | 136.65 | 122.62 | +2.46 | JPM ahead |
| 2025-10-10 | 133.51 | 120.60 | +2.33 | JPM ahead |
| 2025-10-09 | 135.57 | 124.13 | +2.03 | JPM ahead |
| 2025-10-08 | 134.90 | 123.88 | +1.97 | JPM ahead |
| 2025-10-07 | 136.53 | 126.07 | +1.85 | JPM ahead |
| 2025-10-06 | 137.19 | 125.37 | +2.10 | JPM ahead |
| 2025-10-03 | 137.56 | 125.34 | +2.19 | JPM ahead |
| 2025-10-02 | 136.46 | 125.08 | +2.06 | JPM ahead |
| 2025-10-01 | 137.87 | 125.65 | +2.20 | JPM ahead |
| 2025-09-30 | 139.96 | 130.24 | +1.71 | JPM ahead |
| 2025-09-29 | 140.08 | 131.53 | +1.47 | JPM ahead |
| 2025-09-26 | 140.24 | 132.09 | +1.38 | JPM ahead |
| 2025-09-25 | 139.08 | 131.01 | +1.36 | JPM ahead |
| 2025-09-24 | 139.07 | 130.69 | +1.42 | JPM ahead |
| 2025-09-23 | 138.77 | 131.09 | +1.29 | JPM ahead |
| 2025-09-22 | 138.63 | 132.32 | +1.04 | JPM ahead |
| 2025-09-19 | 139.67 | 131.51 | +1.35 | JPM ahead |
| 2025-09-18 | 138.98 | 129.74 | +1.54 | JPM ahead |
| 2025-09-17 | 138.33 | 128.15 | +1.70 | JPM ahead |
| 2025-09-16 | 137.19 | 126.46 | +1.79 | JPM ahead |
| 2025-09-15 | 137.06 | 126.49 | +1.76 | JPM ahead |
| 2025-09-12 | 136.18 | 126.57 | +1.59 | JPM ahead |
| 2025-09-11 | 135.58 | 126.24 | +1.53 | JPM ahead |
| 2025-09-10 | 133.35 | 124.77 | +1.41 | JPM ahead |
| 2025-09-09 | 132.16 | 125.48 | +1.07 | JPM ahead |
| 2025-09-08 | 129.97 | 122.96 | +1.14 | JPM ahead |
| 2025-09-05 | 130.62 | 122.68 | +1.30 | JPM ahead |
| 2025-09-04 | 134.81 | 127.14 | +1.20 | JPM ahead |
| 2025-09-03 | 132.90 | 125.09 | +1.23 | JPM ahead |
| 2025-09-02 | 132.98 | 127.07 | +0.90 | JPM ahead |
| 2025-08-29 | 133.74 | 127.69 | +0.90 | JPM ahead |
| 2025-08-28 | 133.59 | 127.38 | +0.92 | JPM ahead |
| 2025-08-27 | 132.79 | 128.19 | +0.65 | JPM ahead |
| 2025-08-26 | 132.48 | 126.65 | +0.84 | JPM ahead |
| 2025-08-25 | 130.85 | 124.60 | +0.91 | JPM ahead |
| 2025-08-22 | 131.45 | 122.90 | +1.29 | JPM ahead |
| 2025-08-21 | 129.33 | 120.93 | +1.29 | JPM ahead |
| 2025-08-20 | 129.67 | 121.44 | +1.24 | JPM ahead |
| 2025-08-19 | 128.97 | 120.46 | +1.29 | JPM ahead |
| 2025-08-18 | 129.36 | 120.32 | +1.36 | JPM ahead |
| 2025-08-15 | 128.89 | 119.79 | +1.37 | JPM ahead |
| 2025-08-14 | 130.52 | 123.38 | +1.01 | JPM ahead |
| 2025-08-13 | 128.91 | 121.02 | +1.14 | JPM ahead |
| 2025-08-12 | 129.94 | 123.49 | +0.88 | JPM ahead |
| 2025-08-11 | 128.48 | 120.56 | +1.13 | JPM ahead |
| 2025-08-08 | 128.13 | 120.96 | +1.01 | JPM ahead |
| 2025-08-07 | 127.32 | 119.72 | +1.08 | JPM ahead |
| 2025-08-06 | 129.28 | 120.59 | +1.24 | JPM ahead |
| 2025-08-05 | 129.29 | 121.13 | +1.16 | JPM ahead |
| 2025-08-04 | 130.57 | 120.54 | +1.46 | JPM ahead |
| 2025-08-01 | 128.40 | 120.85 | +1.08 | JPM ahead |
| 2025-07-31 | 131.45 | 125.28 | +0.84 | JPM ahead |
| 2025-07-30 | 132.95 | 127.07 | +0.79 | JPM ahead |
| 2025-07-29 | 131.80 | 128.42 | +0.40 | near the usual relationship |
| 2025-07-28 | 132.35 | 129.07 | +0.39 | near the usual relationship |
| 2025-07-25 | 132.50 | 131.01 | +0.11 | near the usual relationship |
| 2025-07-24 | 131.58 | 130.31 | +0.08 | near the usual relationship |
| 2025-07-23 | 131.68 | 130.05 | +0.13 | near the usual relationship |
| 2025-07-22 | 129.31 | 128.00 | +0.09 | near the usual relationship |
| 2025-07-21 | 129.11 | 124.74 | +0.57 | JPM ahead |
| 2025-07-18 | 129.24 | 125.30 | +0.51 | JPM ahead |
| 2025-07-17 | 128.63 | 123.85 | +0.65 | JPM ahead |
| 2025-07-16 | 126.82 | 124.16 | +0.31 | near the usual relationship |
| 2025-07-15 | 127.15 | 122.53 | +0.63 | JPM ahead |
| 2025-07-14 | 128.10 | 129.63 | -0.35 | near the usual relationship |
| 2025-07-11 | 127.28 | 128.26 | -0.27 | near the usual relationship |
| 2025-07-10 | 127.87 | 127.97 | -0.13 | near the usual relationship |
| 2025-07-09 | 125.64 | 127.08 | -0.34 | near the usual relationship |
| 2025-07-08 | 125.47 | 126.77 | -0.32 | near the usual relationship |
| 2025-07-07 | 129.55 | 127.94 | +0.14 | near the usual relationship |
| 2025-07-03 | 131.34 | 129.89 | +0.12 | near the usual relationship |
| 2025-07-02 | 129.56 | 127.97 | +0.15 | near the usual relationship |
| 2025-07-01 | 128.86 | 126.62 | +0.25 | near the usual relationship |
| 2025-06-30 | 128.64 | 124.49 | +0.56 | JPM ahead |
| 2025-06-27 | 127.39 | 123.52 | +0.53 | JPM ahead |
| 2025-06-26 | 128.12 | 124.24 | +0.53 | JPM ahead |
| 2025-06-25 | 126.04 | 122.86 | +0.43 | near the usual relationship |
| 2025-06-24 | 124.80 | 121.36 | +0.48 | near the usual relationship |
| 2025-06-23 | 123.47 | 119.66 | +0.56 | JPM ahead |
| 2025-06-20 | 122.02 | 117.15 | +0.75 | JPM ahead |
| 2025-06-18 | 121.56 | 116.13 | +0.85 | JPM ahead |
| 2025-06-17 | 119.59 | 112.65 | +1.14 | JPM ahead |
| 2025-06-16 | 119.96 | 113.66 | +1.04 | JPM ahead |
| 2025-06-13 | 117.56 | 112.43 | +0.86 | JPM ahead |
| 2025-06-12 | 119.02 | 114.99 | +0.66 | JPM ahead |
| 2025-06-11 | 118.98 | 116.42 | +0.41 | near the usual relationship |
| 2025-06-10 | 119.18 | 117.23 | +0.31 | near the usual relationship |
| 2025-06-09 | 118.36 | 118.80 | -0.10 | near the usual relationship |
| 2025-06-06 | 117.91 | 118.60 | -0.14 | near the usual relationship |
| 2025-06-05 | 116.23 | 116.38 | -0.04 | near the usual relationship |
| 2025-06-04 | 117.24 | 117.12 | +0.01 | near the usual relationship |
| 2025-06-03 | 118.15 | 117.54 | +0.09 | near the usual relationship |
| 2025-06-02 | 117.43 | 116.10 | +0.22 | near the usual relationship |
| 2025-05-30 | 117.14 | 116.19 | +0.16 | near the usual relationship |
| 2025-05-29 | 117.30 | 115.77 | +0.26 | near the usual relationship |
| 2025-05-28 | 116.91 | 114.56 | +0.41 | near the usual relationship |
| 2025-05-27 | 117.71 | 114.96 | +0.48 | near the usual relationship |
| 2025-05-23 | 115.68 | 113.16 | +0.46 | near the usual relationship |
| 2025-05-22 | 115.66 | 114.03 | +0.31 | near the usual relationship |
| 2025-05-21 | 115.83 | 113.72 | +0.39 | near the usual relationship |
| 2025-05-20 | 117.89 | 117.34 | +0.13 | near the usual relationship |
| 2025-05-19 | 117.53 | 118.18 | -0.06 | near the usual relationship |
| 2025-05-16 | 118.72 | 118.37 | +0.11 | near the usual relationship |
| 2025-05-15 | 118.69 | 117.45 | +0.26 | near the usual relationship |
| 2025-05-14 | 117.87 | 118.52 | -0.04 | near the usual relationship |
| 2025-05-13 | 116.70 | 118.07 | -0.15 | near the usual relationship |
| 2025-05-12 | 115.39 | 116.35 | -0.08 | near the usual relationship |
| 2025-05-09 | 112.30 | 112.57 | +0.04 | near the usual relationship |
| 2025-05-08 | 112.47 | 113.91 | -0.15 | near the usual relationship |
| 2025-05-07 | 110.66 | 113.70 | -0.41 | near the usual relationship |
| 2025-05-06 | 110.60 | 114.17 | -0.49 | near the usual relationship |
| 2025-05-05 | 112.06 | 114.75 | -0.34 | near the usual relationship |
| 2025-05-02 | 112.04 | 114.67 | -0.32 | near the usual relationship |
| 2025-05-01 | 109.55 | 111.58 | -0.23 | near the usual relationship |
| 2025-04-30 | 108.54 | 110.33 | -0.19 | near the usual relationship |
| 2025-04-29 | 108.54 | 110.47 | -0.21 | near the usual relationship |
| 2025-04-28 | 107.92 | 107.88 | +0.13 | near the usual relationship |
| 2025-04-25 | 108.07 | 108.34 | +0.08 | near the usual relationship |
| 2025-04-24 | 108.55 | 108.08 | +0.21 | near the usual relationship |
| 2025-04-23 | 106.88 | 105.56 | +0.36 | near the usual relationship |
| 2025-04-22 | 104.53 | 102.91 | +0.43 | near the usual relationship |
| 2025-04-21 | 101.61 | 99.46 | +0.53 | JPM ahead |
| 2025-04-17 | 102.92 | 100.54 | +0.58 | JPM ahead |
| 2025-04-16 | 101.88 | 99.41 | +0.60 | JPM ahead |
| 2025-04-15 | 103.44 | 100.28 | +0.72 | JPM ahead |
| 2025-04-14 | 104.15 | 98.04 | +1.24 | JPM ahead |
| 2025-04-11 | 104.81 | 97.13 | +1.52 | JPM ahead |
| 2025-04-10 | 100.77 | 98.06 | +0.68 | JPM ahead |
| 2025-04-09 | 103.98 | 103.06 | +0.36 | near the usual relationship |
| 2025-04-08 | 96.23 | 96.46 | +0.16 | near the usual relationship |
| 2025-04-07 | 95.15 | 96.60 | -0.06 | near the usual relationship |
| 2025-04-04 | 93.30 | 94.75 | -0.07 | near the usual relationship |
| 2025-04-03 | 101.47 | 102.04 | +0.11 | near the usual relationship |
| 2025-04-02 | 109.07 | 112.27 | -0.30 | near the usual relationship |
| 2025-04-01 | 108.12 | 110.80 | -0.23 | near the usual relationship |
| 2025-03-31 | 108.84 | 111.54 | -0.23 | near the usual relationship |
| 2025-03-28 | 107.76 | 109.84 | -0.13 | near the usual relationship |
| 2025-03-27 | 110.09 | 112.31 | -0.15 | near the usual relationship |
| 2025-03-26 | 111.39 | 114.15 | -0.23 | near the usual relationship |
| 2025-03-25 | 111.43 | 115.35 | -0.41 | near the usual relationship |
| 2025-03-24 | 110.07 | 115.41 | -0.63 | WFC ahead |
| 2025-03-21 | 107.21 | 112.68 | -0.67 | WFC ahead |
| 2025-03-20 | 106.05 | 112.68 | -0.87 | WFC ahead |
| 2025-03-19 | 106.10 | 113.05 | -0.92 | WFC ahead |
| 2025-03-18 | 104.26 | 110.49 | -0.82 | WFC ahead |
| 2025-03-17 | 103.80 | 110.07 | -0.83 | WFC ahead |
| 2025-03-14 | 103.14 | 110.08 | -0.95 | WFC ahead |
| 2025-03-13 | 99.92 | 106.37 | -0.90 | WFC ahead |
| 2025-03-12 | 101.12 | 107.10 | -0.81 | WFC ahead |
| 2025-03-11 | 101.67 | 104.54 | -0.29 | near the usual relationship |
| 2025-03-10 | 103.04 | 103.76 | +0.08 | near the usual relationship |
| 2025-03-07 | 107.50 | 110.39 | -0.26 | near the usual relationship |
| 2025-03-06 | 109.39 | 112.88 | -0.35 | near the usual relationship |
| 2025-03-05 | 111.61 | 115.23 | -0.35 | near the usual relationship |
| 2025-03-04 | 111.04 | 113.89 | -0.24 | near the usual relationship |
| 2025-03-03 | 115.64 | 119.69 | -0.40 | near the usual relationship |
| 2025-02-28 | 117.43 | 121.69 | -0.42 | near the usual relationship |
| 2025-02-27 | 114.94 | 119.05 | -0.41 | near the usual relationship |
| 2025-02-26 | 114.83 | 118.78 | -0.39 | near the usual relationship |
| 2025-02-25 | 114.21 | 118.09 | -0.38 | near the usual relationship |
| 2025-02-24 | 115.96 | 119.98 | -0.39 | near the usual relationship |
| 2025-02-21 | 117.25 | 120.42 | -0.26 | near the usual relationship |
| 2025-02-20 | 118.38 | 122.17 | -0.35 | near the usual relationship |
| 2025-02-19 | 123.91 | 124.84 | +0.07 | near the usual relationship |
| 2025-02-18 | 124.22 | 125.51 | +0.02 | near the usual relationship |
| 2025-02-14 | 122.73 | 124.27 | -0.02 | near the usual relationship |
| 2025-02-13 | 122.61 | 122.51 | +0.20 | near the usual relationship |
| 2025-02-12 | 122.22 | 123.14 | +0.06 | near the usual relationship |
| 2025-02-11 | 122.02 | 123.74 | -0.06 | near the usual relationship |
| 2025-02-10 | 120.26 | 122.90 | -0.20 | near the usual relationship |
| 2025-02-07 | 122.38 | 125.34 | -0.24 | near the usual relationship |
| 2025-02-06 | 122.86 | 126.51 | -0.33 | near the usual relationship |
| 2025-02-05 | 119.99 | 124.38 | -0.45 | near the usual relationship |
| 2025-02-04 | 118.89 | 123.48 | -0.49 | near the usual relationship |
| 2025-02-03 | 118.39 | 121.41 | -0.27 | near the usual relationship |
| 2025-01-31 | 118.60 | 122.44 | -0.39 | near the usual relationship |
| 2025-01-30 | 119.02 | 122.47 | -0.33 | near the usual relationship |
| 2025-01-29 | 118.29 | 121.77 | -0.34 | near the usual relationship |
| 2025-01-28 | 118.53 | 121.01 | -0.20 | near the usual relationship |
| 2025-01-27 | 117.96 | 121.10 | -0.29 | near the usual relationship |
| 2025-01-24 | 117.51 | 120.14 | -0.22 | near the usual relationship |
| 2025-01-23 | 118.01 | 120.31 | -0.18 | near the usual relationship |
| 2025-01-22 | 116.63 | 120.48 | -0.41 | near the usual relationship |
| 2025-01-21 | 116.71 | 120.96 | -0.47 | near the usual relationship |
| 2025-01-17 | 114.99 | 119.76 | -0.56 | WFC ahead |
| 2025-01-16 | 112.82 | 118.01 | -0.64 | WFC ahead |
| 2025-01-15 | 111.97 | 118.01 | -0.77 | WFC ahead |
| 2025-01-14 | 109.81 | 110.61 | +0.01 | near the usual relationship |
| 2025-01-13 | 108.36 | 109.59 | -0.06 | near the usual relationship |
| 2025-01-10 | 106.43 | 108.70 | -0.23 | near the usual relationship |
| 2025-01-08 | 107.88 | 111.20 | -0.39 | near the usual relationship |
| 2025-01-07 | 107.90 | 111.23 | -0.39 | near the usual relationship |
| 2025-01-06 | 106.87 | 111.92 | -0.67 | WFC ahead |
| 2025-01-03 | 107.95 | 110.80 | -0.32 | near the usual relationship |
| 2025-01-02 | 106.49 | 109.06 | -0.28 | near the usual relationship |
| 2024-12-31 | 106.36 | 109.14 | -0.32 | near the usual relationship |
| 2024-12-30 | 106.19 | 109.40 | -0.39 | near the usual relationship |
| 2024-12-27 | 107.01 | 110.49 | -0.43 | near the usual relationship |
| 2024-12-26 | 107.88 | 111.50 | -0.45 | near the usual relationship |
| 2024-12-24 | 107.52 | 111.23 | -0.46 | near the usual relationship |
| 2024-12-23 | 105.78 | 109.60 | -0.49 | near the usual relationship |
| 2024-12-20 | 105.43 | 109.29 | -0.50 | WFC ahead |
| 2024-12-19 | 103.37 | 106.98 | -0.47 | near the usual relationship |
| 2024-12-18 | 102.22 | 106.84 | -0.64 | WFC ahead |
| 2024-12-17 | 105.76 | 110.02 | -0.56 | WFC ahead |
| 2024-12-16 | 106.31 | 111.84 | -0.75 | WFC ahead |
| 2024-12-13 | 106.46 | 109.45 | -0.35 | near the usual relationship |
| 2024-12-12 | 107.17 | 110.01 | -0.32 | near the usual relationship |
| 2024-12-11 | 108.06 | 111.25 | -0.38 | near the usual relationship |
| 2024-12-10 | 107.76 | 111.95 | -0.53 | WFC ahead |
| 2024-12-09 | 108.18 | 112.83 | -0.61 | WFC ahead |
| 2024-12-06 | 109.76 | 115.49 | -0.76 | WFC ahead |
| 2024-12-05 | 108.92 | 114.45 | -0.74 | WFC ahead |
| 2024-12-04 | 108.00 | 113.52 | -0.75 | WFC ahead |
| 2024-12-03 | 108.63 | 115.20 | -0.91 | WFC ahead |
| 2024-12-02 | 109.26 | 116.97 | -1.08 | WFC ahead |
| 2024-11-29 | 110.80 | 118.35 | -1.05 | WFC ahead |
| 2024-11-27 | 110.84 | 119.97 | -1.30 | WFC ahead |
| 2024-11-26 | 110.92 | 120.18 | -1.33 | WFC ahead |
| 2024-11-25 | 111.06 | 119.48 | -1.21 | WFC ahead |
| 2024-11-22 | 110.29 | 118.02 | -1.12 | WFC ahead |
| 2024-11-21 | 108.60 | 116.27 | -1.14 | WFC ahead |
| 2024-11-20 | 106.84 | 114.33 | -1.14 | WFC ahead |
| 2024-11-19 | 107.86 | 114.09 | -0.94 | WFC ahead |
| 2024-11-18 | 108.72 | 115.12 | -0.97 | WFC ahead |
| 2024-11-15 | 108.85 | 115.51 | -1.01 | WFC ahead |
| 2024-11-14 | 107.32 | 113.11 | -0.90 | WFC ahead |
| 2024-11-13 | 107.01 | 113.07 | -0.95 | WFC ahead |
| 2024-11-12 | 106.30 | 112.80 | -1.03 | WFC ahead |
| 2024-11-11 | 106.18 | 112.74 | -1.05 | WFC ahead |
| 2024-11-08 | 105.15 | 108.83 | -0.59 | WFC ahead |
| 2024-11-07 | 104.89 | 108.48 | -0.58 | WFC ahead |
| 2024-11-06 | 109.62 | 112.60 | -0.46 | near the usual relationship |
| 2024-11-05 | 98.28 | 99.55 | -0.21 | near the usual relationship |
| 2024-11-04 | 97.52 | 98.97 | -0.25 | near the usual relationship |
| 2024-11-01 | 98.92 | 100.50 | -0.27 | near the usual relationship |
| 2024-10-31 | 98.47 | 100.87 | -0.42 | near the usual relationship |
| 2024-10-30 | 99.57 | 101.63 | -0.35 | near the usual relationship |
| 2024-10-29 | 98.90 | 101.46 | -0.45 | near the usual relationship |
| 2024-10-28 | 100.06 | 101.94 | -0.32 | near the usual relationship |
| 2024-10-25 | 98.64 | 100.26 | -0.28 | near the usual relationship |
| 2024-10-24 | 99.83 | 101.66 | -0.32 | near the usual relationship |
| 2024-10-23 | 99.13 | 100.31 | -0.21 | near the usual relationship |
| 2024-10-22 | 99.45 | 100.70 | -0.22 | near the usual relationship |
| 2024-10-21 | 98.95 | 99.47 | -0.09 | near the usual relationship |
| 2024-10-18 | 100.00 | 100.00 | +0.00 | 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 Oct 20, 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
- $886.6B
- Price history
- 2,520 daily closes, Oct 12, 2016 to Oct 22, 2026
WFC Wells Fargo & Company
- Listing
- NYSE · SEC CIK 72971
- Industry
- Major Banks · SIC 6021 National Commercial Banks
- Market value
- $247.4B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 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.
