JFFSX vs. VFIAX

Last updated Jun 24, 2026

JFFSX (JPMorgan SmartRetirement 2055 Fund) and VFIAX (Vanguard 500 Index Fund Admiral Shares) are both mutual funds - JFFSX is a Target Retirement Date fund managed by JPMorgan, while VFIAX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, JFFSX returned 11.94%/yr vs 15.76%/yr for VFIAX. With a 0.96 correlation, they move nearly in lockstep. JFFSX charges 0.25%/yr vs 0.04%/yr for VFIAX.

Performance

JFFSX vs. VFIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan SmartRetirement 2055 Fund (JFFSX) and Vanguard 500 Index Fund Admiral Shares (VFIAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with JFFSX having a 9.65% return and VFIAX slightly higher at 9.77%. Over the past 10 years, JFFSX has underperformed VFIAX with an annualized return of 11.94%, while VFIAX has yielded a comparatively higher 15.76% annualized return.

JFFSX

• 1D: -0.21%
• 1M: 1.75%
• YTD: 9.65%
• 6M: 8.96%
• 1Y: 21.86%
• 3Y*: 17.27%
• 5Y*: 8.83%
• 10Y*: 11.94%

VFIAX

• 1D: -0.36%
• 1M: 0.10%
• YTD: 9.77%
• 6M: 8.77%
• 1Y: 25.48%
• 3Y*: 21.36%
• 5Y*: 13.57%
• 10Y*: 15.76%

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

JFFSX vs. VFIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JFFSX JPMorgan SmartRetirement 2055 Fund	9.65%	17.86%	12.29%	22.28%	-18.52%	17.50%	15.35%	32.68%	-9.82%	21.84%
VFIAX Vanguard 500 Index Fund Admiral Shares	9.77%	17.83%	24.97%	26.24%	-18.16%	28.65%	18.32%	31.46%	-4.45%	21.78%

Correlation

The correlation between JFFSX and VFIAX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 31, 2012	0.96

The correlation between JFFSX and VFIAX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

JFFSX vs. VFIAX — Risk / Return Rank

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

JFFSX

JFFSX Risk / Return Rank: 49
JFFSX Sharpe Ratio Rank: 48
JFFSX Sortino Ratio Rank: 46
JFFSX Omega Ratio Rank: 48
JFFSX Calmar Ratio Rank: 47
JFFSX Martin Ratio Rank: 57

VFIAX

VFIAX Risk / Return Rank: 65
VFIAX Sharpe Ratio Rank: 63
VFIAX Sortino Ratio Rank: 57
VFIAX Omega Ratio Rank: 59
VFIAX Calmar Ratio Rank: 68
VFIAX Martin Ratio Rank: 78

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.

JFFSX vs. VFIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan SmartRetirement 2055 Fund (JFFSX) and Vanguard 500 Index Fund Admiral Shares (VFIAX). 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.

	JFFSX	VFIAX	Difference
Sharpe ratio: Return per unit of total volatility	1.89	2.15	-0.26
Sortino ratio: Return per unit of downside risk	2.64	2.91	-0.26
Omega ratio: Gain probability vs. loss probability	1.35	1.39	-0.04
Calmar ratio: Return relative to maximum drawdown	2.50	3.01	-0.51
Martin ratio: Return relative to average drawdown	10.78	13.60	-2.82

JFFSX vs. VFIAX - Sharpe Ratio Comparison

The current JFFSX Sharpe Ratio is 1.89, which is comparable to the VFIAX Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of JFFSX and VFIAX, 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

JFFSX vs. VFIAX - Drawdown Comparison

The maximum JFFSX drawdown since its inception was -33.20%, smaller than the maximum VFIAX drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for JFFSX and VFIAX.

Drawdown Indicators

	JFFSX	VFIAX	Difference
Max Drawdown Largest peak-to-trough decline	-33.20%	-55.20%	+22.00%
Max Drawdown (1Y) Largest decline over 1 year	-9.14%	-8.90%	-0.24%
Max Drawdown (3Y) Largest decline over 3 years	-15.14%	-18.75%	+3.61%
Max Drawdown (5Y) Largest decline over 5 years	-25.78%	-24.53%	-1.25%
Max Drawdown (10Y) Largest decline over 10 years	-33.20%	-33.83%	+0.63%
Current Drawdown Current decline from peak	-0.30%	-1.72%	+1.42%
Average Drawdown Average peak-to-trough decline	-4.46%	-9.38%	+4.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	1.97%	+0.15%

Volatility

JFFSX vs. VFIAX - Volatility Comparison

JPMorgan SmartRetirement 2055 Fund (JFFSX) and Vanguard 500 Index Fund Admiral Shares (VFIAX) have volatilities of 4.49% and 4.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JFFSX	VFIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	4.67%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	9.84%	+0.18%
Volatility (1Y) Calculated over the trailing 1-year period	12.16%	12.50%	-0.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.92%	16.99%	-2.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	18.11%	-2.23%

JFFSX vs. VFIAX - Expense Ratio Comparison

JFFSX has a 0.25% expense ratio, which is higher than VFIAX's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JFFSX vs. VFIAX - Dividend Comparison

JFFSX's dividend yield for the trailing twelve months is around 4.31%, more than VFIAX's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JFFSX JPMorgan SmartRetirement 2055 Fund	4.31%	4.72%	2.29%	1.57%	9.97%	12.22%	3.88%	13.57%	4.21%	3.43%	2.77%	2.63%
VFIAX Vanguard 500 Index Fund Admiral Shares	1.03%	1.12%	1.24%	1.45%	1.68%	1.24%	1.53%	1.87%	2.05%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both JFFSX and VFIAX in my portfolio?

With a correlation of 0.95, JFFSX and VFIAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JFFSX or VFIAX?

VFIAX has higher volatility (4.67%) compared to JFFSX (4.49%). In terms of maximum drawdown, JFFSX dropped -33.20% vs VFIAX's -55.20%.

Which has better risk-adjusted returns?

VFIAX currently has the higher Sharpe Ratio (2.15 vs 1.89), 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.