What if you invested monthly in JPMorgan for 20 years?
See what contributing 300,000 KRW a month for 20 years into JPMorgan Chase, the largest U.S. bank, would have looked like. As a bank stock that lived through the heart of the 2008 crisis, the deep drawdown and long time underwater of that era are central to the result. Being a single stock, check the recovery time and concentration risk too.
⚠️ This asset is an individual stock chosen as of today, so past returns can look better than they really were (survivorship bias).
Investment conditions
Asset · JPMorgan Chase (JPM)
Method · Recurring monthly investment
Period · 2006-07-01 ~ 2026-07-01
Amount · $222 / month
As of · 2026-07-01
Key metrics
These results do not reflect taxes. Based on historical data.
Risk & recovery
As important as returns. This service does not hide maximum drawdown or loss periods.
Maximum drawdown (MDD)
-58.7%
Largest drop from peak
Longest loss period
9months
Months in loss: 35
Recovery period
3months
Growth over time
Invested principal (dashed) and portfolio value (solid). Values below match the calculation.
Total invested $53,556 → Final value $378,785 (+607.3%), Maximum drawdown (MDD) -58.7%
Why this period and asset
JPMorgan Chase is the largest U.S. bank, spanning retail, investment banking, and asset management. It is seen as having weathered the 2008 crisis relatively well by acquiring Bear Stearns and Washington Mutual, yet banking is inherently sensitive to the economy and interest rates, and its shares swung sharply during the crisis. This scenario's start of July 2006 came just before the crisis, and it then passed through the 2008-2009 collapse, the 2020 COVID shock, and the 2023 regional-bank stress - the classic ups and downs of a bank stock. This scenario covers the 20 years from July 2006 to July 2026.
Interpreting the result
Dollar-cost averaging invests the same amount monthly, buying more shares when prices are low - so if purchases continued through a crash like 2008, that could have helped in the later recovery. But bank stocks are sensitive to recessions, rates, and credit risk, so their drawdowns can be deep and their loss periods long. On the result screen, check not only your ending value but the maximum drawdown during the period, how long it stayed below your contributions, and how long recovery took. Even a giant bank is not free from single-stock concentration risk.
Caveats & limits
This is a simulation of a single stock - JPMorgan Chase - that happens to have survived and become well known, and past performance does not guarantee future results. The fact that this one worked out says nothing about how other individual stocks will do: countless companies that listed in the same era and then failed or lagged never appear here, which is survivorship bias. A single stock carries far deeper maximum drawdowns, longer periods underwater, and concentration risk - if the business breaks down, it may never recover. Taxes (capital gains, dividends), trading fees, and the KRW/USD exchange rate are not reflected, so real returns differ. This is not a recommendation of any stock; it simply shows what already happened.
Data sources & limits
- Price data source: Yahoo Finance / FinanceDataReader
- Collected on: 2026-07-23
- Effective trading date: 2026-07-01
- Price basis: Cierre ajustado (refleja dividendos y desdoblamientos de acciones)
- This asset is an individual stock chosen as of today, so past returns can look better than they really were (survivorship bias).
- Trading fees and taxes are not reflected — figures are pre-tax.
- Based on historical data; does not guarantee future returns.
Frequently asked questions
With 300,000 KRW a month for 20 years, how much do I actually invest?
You contribute 300,000 KRW each month for 20 years - about 240 installments in total. The result screen shows both your total contributions and the ending value, and what matters as much as the final figure is how far it fell and recovered along the way.
How is a single stock like JPMorgan different from indexing?
An index (e.g., the S&P 500) spreads risk across hundreds of companies, while a single stock concentrates it in one. When it works it can far outpace the index, but if the business stumbles the maximum drawdown is deeper and the time underwater is often longer. Always check the max drawdown, loss period, and recovery time.
Does this result include taxes, fees, and exchange rates?
No. It reflects share-price movement only; capital-gains and dividend taxes, trading fees, and the KRW/USD exchange rate are excluded. Your real brokerage return will differ from the displayed figure because of these.
Related scenarios
📋 Los resultados se basan en datos históricos; las rentabilidades pasadas no garantizan rentabilidades futuras.
📋 Este servicio se ofrece con fines educativos para ayudarte a entender la inversión, no como asesoramiento de inversión.
⚠️ Calculado usando los activos representativos de hoy, que pueden diferir de la composición del mercado de aquel momento.