JCPI vs. FITHX

Last updated Jun 23, 2026

JCPI (JPMorgan Inflation Managed Bond ETF) and FITHX (Fidelity Advisor Freedom 2035 Fund Class I) are both funds - JCPI is a Inflation-Protected Bonds fund actively managed by JPMorgan, while FITHX is a Target Retirement Date fund managed by Fidelity. Over the past 3 years, JCPI returned 5.00%/yr vs 15.25%/yr for FITHX. At a 0.36 correlation, their price movements are largely independent. JCPI charges 0.25%/yr vs 0.71%/yr for FITHX.

Performance

JCPI vs. FITHX - Performance Comparison

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

Returns By Period

In the year-to-date period, JCPI achieves a 0.86% return, which is significantly lower than FITHX's 9.90% return.

JCPI

• 1D: -0.22%
• 1M: -0.22%
• YTD: 0.86%
• 6M: 0.89%
• 1Y: 3.90%
• 3Y*: 5.00%
• 5Y*: —
• 10Y*: —

FITHX

• 1D: 1.15%
• 1M: 2.57%
• YTD: 9.90%
• 6M: 10.02%
• 1Y: 22.12%
• 3Y*: 15.25%
• 5Y*: 7.77%
• 10Y*: 10.60%

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

JCPI vs. FITHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JCPI JPMorgan Inflation Managed Bond ETF	0.86%	7.10%	4.70%	5.04%	-5.53%
FITHX Fidelity Advisor Freedom 2035 Fund Class I	9.90%	18.71%	10.76%	16.65%	-10.59%

Correlation

The correlation between JCPI and FITHX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since Apr 11, 2022	0.36

Return for Risk

JCPI vs. FITHX — Risk / Return Rank

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

JCPI

JCPI Risk / Return Rank: 42
JCPI Sharpe Ratio Rank: 38
JCPI Sortino Ratio Rank: 39
JCPI Omega Ratio Rank: 36
JCPI Calmar Ratio Rank: 51
JCPI Martin Ratio Rank: 48

FITHX

FITHX Risk / Return Rank: 63
FITHX Sharpe Ratio Rank: 61
FITHX Sortino Ratio Rank: 60
FITHX Omega Ratio Rank: 65
FITHX Calmar Ratio Rank: 62
FITHX Martin Ratio Rank: 67

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.

JCPI vs. FITHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Inflation Managed Bond ETF (JCPI) and Fidelity Advisor Freedom 2035 Fund Class I (FITHX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JCPI	FITHX	Difference
Sharpe ratio: Return per unit of total volatility	1.30	2.12	-0.82
Sortino ratio: Return per unit of downside risk	1.94	2.96	-1.03
Omega ratio: Gain probability vs. loss probability	1.24	1.41	-0.17
Calmar ratio: Return relative to maximum drawdown	2.45	2.90	-0.45
Martin ratio: Return relative to average drawdown	7.85	12.27	-4.41

JCPI vs. FITHX - Sharpe Ratio Comparison

The current JCPI Sharpe Ratio is 1.30, which is lower than the FITHX Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of JCPI and FITHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JCPI vs. FITHX - Drawdown Comparison

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

Drawdown Indicators

	JCPI	FITHX	Difference
Max Drawdown Largest peak-to-trough decline	-7.85%	-54.57%	+46.72%
Max Drawdown (1Y) Largest decline over 1 year	-1.60%	-7.56%	+5.96%
Max Drawdown (3Y) Largest decline over 3 years	-2.81%	-11.37%	+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	-1.21%	0.00%	-1.21%
Average Drawdown Average peak-to-trough decline	-1.85%	-7.06%	+5.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.50%	1.78%	-1.28%

Volatility

JCPI vs. FITHX - Volatility Comparison

The current volatility for JPMorgan Inflation Managed Bond ETF (JCPI) is 1.15%, while Fidelity Advisor Freedom 2035 Fund Class I (FITHX) has a volatility of 4.36%. This indicates that JCPI experiences smaller price fluctuations and is considered to be less risky than FITHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JCPI	FITHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.15%	4.36%	-3.21%
Volatility (6M) Calculated over the trailing 6-month period	2.20%	8.85%	-6.65%
Volatility (1Y) Calculated over the trailing 1-year period	3.02%	10.34%	-7.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.50%	12.49%	-7.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.50%	13.69%	-9.19%

JCPI vs. FITHX - Expense Ratio Comparison

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

Dividends

JCPI vs. FITHX - Dividend Comparison

JCPI's dividend yield for the trailing twelve months is around 3.97%, less than FITHX's 7.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FITHX Fidelity Advisor Freedom 2035 Fund Class I	7.19%	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	3.97%	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 JCPI and FITHX in my portfolio?

JCPI and FITHX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JCPI or FITHX?

FITHX has higher volatility (4.36%) compared to JCPI (1.15%). In terms of maximum drawdown, JCPI dropped -7.85% vs FITHX's -54.57%.

Which has better risk-adjusted returns?

FITHX currently has the higher Sharpe Ratio (2.12 vs 1.30), 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.