FITHX vs. JCPI

Last updated Jun 4, 2026

FITHX (Fidelity Advisor Freedom 2035 Fund Class I) and JCPI (JPMorgan Inflation Managed Bond ETF) are both funds - FITHX is a Target Retirement Date fund managed by Fidelity, while JCPI is a Inflation-Protected Bonds fund actively managed by JPMorgan. Over the past 3 years, FITHX returned 15.83%/yr vs 5.32%/yr for JCPI. At a 0.36 correlation, their price movements are largely independent. FITHX charges 0.71%/yr vs 0.25%/yr for JCPI.

Performance

FITHX vs. JCPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2035 Fund Class I (FITHX) and JPMorgan Inflation Managed Bond ETF (JCPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FITHX achieves a 9.21% return, which is significantly higher than JCPI's 1.72% return.

FITHX

• 1D: 0.40%
• 1M: 3.47%
• YTD: 9.21%
• 6M: 10.29%
• 1Y: 21.75%
• 3Y*: 15.83%
• 5Y*: 7.43%
• 10Y*: 10.43%

JCPI

• 1D: 0.00%
• 1M: -0.12%
• YTD: 1.72%
• 6M: 1.37%
• 1Y: 5.63%
• 3Y*: 5.32%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FITHX vs. JCPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FITHX Fidelity Advisor Freedom 2035 Fund Class I	9.21%	18.71%	10.76%	16.65%	-9.61%
JCPI JPMorgan Inflation Managed Bond ETF	1.72%	7.10%	4.70%	5.04%	-5.53%

Correlation

The correlation between FITHX and JCPI is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (All Time) Calculated using the full available price history since Apr 12, 2022	0.36

Return for Risk

FITHX vs. JCPI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FITHX

FITHX Risk / Return Rank: 60
FITHX Sharpe Ratio Rank: 60
FITHX Sortino Ratio Rank: 58
FITHX Omega Ratio Rank: 61
FITHX Calmar Ratio Rank: 58
FITHX Martin Ratio Rank: 64

JCPI

JCPI Risk / Return Rank: 63
JCPI Sharpe Ratio Rank: 56
JCPI Sortino Ratio Rank: 63
JCPI Omega Ratio Rank: 58
JCPI Calmar Ratio Rank: 70
JCPI Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FITHX vs. JCPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2035 Fund Class I (FITHX) 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.

	FITHX	JCPI	Difference
Sharpe ratio: Return per unit of total volatility	2.28	1.92	+0.36
Sortino ratio: Return per unit of downside risk	3.22	2.99	+0.23
Omega ratio: Gain probability vs. loss probability	1.44	1.36	+0.08
Calmar ratio: Return relative to maximum drawdown	2.91	3.54	-0.63
Martin ratio: Return relative to average drawdown	12.52	12.18	+0.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FITHX vs. JCPI - Sharpe Ratio Comparison

The current FITHX Sharpe Ratio is 2.28, which is comparable to the JCPI Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of FITHX and JCPI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FITHX	JCPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	1.92	+0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.68	-0.20

Drawdowns

FITHX vs. JCPI - Drawdown Comparison

The maximum FITHX drawdown since its inception was -54.57%, which is greater than JCPI's maximum drawdown of -7.85%. Use the drawdown chart below to compare losses from any high point for FITHX and JCPI.

Drawdown Indicators

	FITHX	JCPI	Difference
Max Drawdown Largest peak-to-trough decline	-54.57%	-7.85%	-46.72%
Max Drawdown (1Y) Largest decline over 1 year	-7.56%	-1.60%	-5.96%
Max Drawdown (3Y) Largest decline over 3 years	-11.37%	-2.81%	-8.56%
Max Drawdown (5Y) Largest decline over 5 years	-25.91%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.21%	—	—
Current Drawdown Current decline from peak	0.00%	-0.36%	+0.36%
Average Drawdown Average peak-to-trough decline	-7.08%	-1.87%	-5.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	0.46%	+1.29%

Volatility

FITHX vs. JCPI - Volatility Comparison

Fidelity Advisor Freedom 2035 Fund Class I (FITHX) has a higher volatility of 3.44% compared to JPMorgan Inflation Managed Bond ETF (JCPI) at 0.86%. This indicates that FITHX'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.

Volatility by Period

	FITHX	JCPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.44%	0.86%	+2.58%
Volatility (6M) Calculated over the trailing 6-month period	8.01%	2.05%	+5.96%
Volatility (1Y) Calculated over the trailing 1-year period	9.64%	2.95%	+6.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.38%	4.50%	+7.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.65%	4.50%	+9.15%

FITHX vs. JCPI - Expense Ratio Comparison

FITHX has a 0.71% expense ratio, which is higher than JCPI's 0.25% expense ratio.

Dividends

FITHX vs. JCPI - Dividend Comparison

FITHX's dividend yield for the trailing twelve months is around 7.23%, more than JCPI's 3.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FITHX Fidelity Advisor Freedom 2035 Fund Class I	7.23%	7.28%	1.92%	1.51%	9.95%	9.48%	6.16%	7.35%	11.94%	4.16%	4.86%	5.38%
JCPI JPMorgan Inflation Managed Bond ETF	3.93%	3.93%	3.98%	3.45%	3.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FITHX and JCPI in my portfolio?

FITHX and JCPI have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FITHX or JCPI?

FITHX has higher volatility (3.44%) compared to JCPI (0.86%). In terms of maximum drawdown, FITHX dropped -54.57% vs JCPI's -7.85%.

Which has better risk-adjusted returns?

FITHX currently has the higher Sharpe Ratio (2.28 vs 1.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.