JAKSX vs. FAXFX
Compare and contrast key facts about JPMorgan SmartRetirement 2060 Fund (JAKSX) and Fidelity Advisor Freedom Blend 2065 Fund Class I (FAXFX).
JAKSX is managed by JPMorgan Chase. It was launched on Aug 30, 2016. FAXFX is managed by Fidelity. It was launched on Jun 28, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JAKSX or FAXFX.
Correlation
The correlation between JAKSX and FAXFX is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JAKSX vs. FAXFX - Performance Comparison
Key characteristics
JAKSX:
1.40
FAXFX:
1.31
JAKSX:
1.95
FAXFX:
1.83
JAKSX:
1.25
FAXFX:
1.24
JAKSX:
1.39
FAXFX:
1.60
JAKSX:
7.45
FAXFX:
6.90
JAKSX:
2.11%
FAXFX:
2.24%
JAKSX:
11.18%
FAXFX:
11.80%
JAKSX:
-33.11%
FAXFX:
-31.70%
JAKSX:
-1.34%
FAXFX:
-1.40%
Returns By Period
In the year-to-date period, JAKSX achieves a 3.76% return, which is significantly lower than FAXFX's 4.25% return.
JAKSX
3.76%
2.28%
10.58%
15.75%
6.34%
N/A
FAXFX
4.25%
2.61%
10.99%
15.40%
6.90%
N/A
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JAKSX vs. FAXFX - Expense Ratio Comparison
JAKSX has a 0.26% expense ratio, which is lower than FAXFX's 0.49% expense ratio.
Risk-Adjusted Performance
JAKSX vs. FAXFX — Risk-Adjusted Performance Rank
JAKSX
FAXFX
JAKSX vs. FAXFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan SmartRetirement 2060 Fund (JAKSX) and Fidelity Advisor Freedom Blend 2065 Fund Class I (FAXFX). 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.
Dividends
JAKSX vs. FAXFX - Dividend Comparison
JAKSX's dividend yield for the trailing twelve months is around 2.04%, more than FAXFX's 1.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAKSX JPMorgan SmartRetirement 2060 Fund | 2.04% | 2.11% | 1.55% | 1.56% | 2.70% | 1.39% | 1.82% | 2.52% | 1.56% | 1.23% |
FAXFX Fidelity Advisor Freedom Blend 2065 Fund Class I | 1.51% | 1.57% | 1.53% | 2.25% | 2.19% | 1.04% | 1.52% | 0.00% | 0.00% | 0.00% |
Drawdowns
JAKSX vs. FAXFX - Drawdown Comparison
The maximum JAKSX drawdown since its inception was -33.11%, roughly equal to the maximum FAXFX drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for JAKSX and FAXFX. For additional features, visit the drawdowns tool.
Volatility
JAKSX vs. FAXFX - Volatility Comparison
The current volatility for JPMorgan SmartRetirement 2060 Fund (JAKSX) is 3.39%, while Fidelity Advisor Freedom Blend 2065 Fund Class I (FAXFX) has a volatility of 3.71%. This indicates that JAKSX experiences smaller price fluctuations and is considered to be less risky than FAXFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.