Why: 30 days
JPM closed at $152.96 on Sep 20, 2021. On Oct 20, 2021 it closed at $170.84, a total return of +12.4% (dividends included). SPY's total return over the same window was +4.2%. The call was that it would fall.
Why: 90 days
JPM closed at $152.96 on Sep 20, 2021. On Dec 17, 2021 it closed at $156.76, a total return of +3.1% (dividends included). SPY's total return over the same window was +6.3%. The call was that it would fall.
Why: 180 days
JPM closed at $152.96 on Sep 20, 2021. On Mar 18, 2022 it closed at $140.10, a total return of −7.3% (dividends included). SPY's total return over the same window was +3.1%. The call was that it would fall.
Why: 1 year
JPM closed at $152.96 on Sep 20, 2021. On Sep 20, 2022 it closed at $115.83, a total return of −22.1% (dividends included). SPY's total return over the same window was −10.2%. The call was that it would fall.
Why: 3 years
JPM closed at $152.96 on Sep 20, 2021. On Sep 19, 2024 it closed at $210.48, a total return of +49.7% (dividends included). SPY's total return over the same window was +37.1%. The call was that it would fall.
Why: 5 years
JPM closed at $152.96 on Sep 20, 2021. On Sep 18, 2026 it closed at $349.67, a total return of +159.1% (dividends included). SPY's total return over the same window was +87.6%. The call was that it would fall.