FCPI vs. JCPI
Compare and contrast key facts about Fidelity Stocks for Inflation ETF (FCPI) and JPMorgan Inflation Managed Bond ETF (JCPI).
FCPI and JCPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCPI is a passively managed fund by Fidelity that tracks the performance of the Fidelity Stocks for Inflation Factor Index. It was launched on Nov 5, 2019. JCPI is an actively managed fund by JPMorgan. It was launched on Mar 31, 2010.
Performance
FCPI vs. JCPI - Performance Comparison
Loading graphics...
FCPI vs. JCPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FCPI Fidelity Stocks for Inflation ETF | -0.24% | 16.24% | 25.54% | 15.40% | -6.53% |
JCPI JPMorgan Inflation Managed Bond ETF | 0.70% | 7.10% | 4.70% | 5.04% | -5.53% |
Returns By Period
In the year-to-date period, FCPI achieves a -0.24% return, which is significantly lower than JCPI's 0.70% return.
FCPI
- 1D
- 2.52%
- 1M
- -4.85%
- YTD
- -0.24%
- 6M
- -0.82%
- 1Y
- 15.67%
- 3Y*
- 17.96%
- 5Y*
- 13.93%
- 10Y*
- —
JCPI
- 1D
- 0.38%
- 1M
- -0.80%
- YTD
- 0.70%
- 6M
- 0.77%
- 1Y
- 4.18%
- 3Y*
- 4.53%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCPI vs. JCPI - Expense Ratio Comparison
FCPI has a 0.15% expense ratio, which is lower than JCPI's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FCPI vs. JCPI — Risk / Return Rank
FCPI
JCPI
FCPI vs. JCPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Stocks for Inflation ETF (FCPI) and JPMorgan Inflation Managed Bond ETF (JCPI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| FCPI | JCPI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.92 | 1.13 | -0.21 |
Sortino ratioReturn per unit of downside risk | 1.38 | 1.63 | -0.25 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.22 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.50 | 1.53 | -0.03 |
Martin ratioReturn relative to average drawdown | 7.03 | 5.98 | +1.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FCPI | JCPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 1.13 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.64 | +0.02 |
Correlation
The correlation between FCPI and JCPI is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FCPI vs. JCPI - Dividend Comparison
FCPI's dividend yield for the trailing twelve months is around 1.80%, less than JCPI's 3.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FCPI Fidelity Stocks for Inflation ETF | 1.80% | 1.74% | 1.29% | 1.88% | 1.77% | 1.19% | 3.53% | 0.43% |
JCPI JPMorgan Inflation Managed Bond ETF | 3.58% | 3.93% | 3.98% | 3.45% | 3.29% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCPI vs. JCPI - Drawdown Comparison
The maximum FCPI drawdown since its inception was -37.26%, which is greater than JCPI's maximum drawdown of -7.85%. Use the drawdown chart below to compare losses from any high point for FCPI and JCPI.
Loading graphics...
Drawdown Indicators
| FCPI | JCPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.26% | -7.85% | -29.41% |
Max Drawdown (1Y)Largest decline over 1 year | -11.98% | -2.77% | -9.21% |
Max Drawdown (5Y)Largest decline over 5 years | -18.25% | — | — |
Current DrawdownCurrent decline from peak | -5.55% | -0.80% | -4.75% |
Average DrawdownAverage peak-to-trough decline | -4.48% | -1.93% | -2.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 0.71% | +1.84% |
Volatility
FCPI vs. JCPI - Volatility Comparison
Fidelity Stocks for Inflation ETF (FCPI) has a higher volatility of 5.30% compared to JPMorgan Inflation Managed Bond ETF (JCPI) at 1.13%. This indicates that FCPI's price experiences larger fluctuations and is considered to be riskier than JCPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FCPI | JCPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.30% | 1.13% | +4.17% |
Volatility (6M)Calculated over the trailing 6-month period | 9.39% | 1.94% | +7.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.27% | 3.71% | +13.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.65% | 4.55% | +12.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.30% | 4.55% | +15.75% |