JPTBX vs. DRIQX

Last updated Aug 1, 2026

JPTBX (JPMorgan SmartRetirement Blend 2055 Fund) and DRIQX (Dimensional 2015 Target Date Retirement Income Fund) are both Target Retirement Date funds. Over the past 10 years, JPTBX returned 10.71%/yr vs 4.48%/yr for DRIQX. Their 0.61 correlation means they have sometimes moved together and sometimes differently. JPTBX charges 0.33%/yr vs 0.17%/yr for DRIQX.

Performance

JPTBX vs. DRIQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan SmartRetirement Blend 2055 Fund (JPTBX) and Dimensional 2015 Target Date Retirement Income Fund (DRIQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPTBX achieves a 11.03% return, which is significantly higher than DRIQX's 3.01% return. Over the past 10 years, JPTBX has outperformed DRIQX with an annualized return of 10.71%, while DRIQX has yielded a comparatively lower 4.48% annualized return.

JPTBX

• 1D: 1.85%
• 1M: -0.37%
• 6M: 7.69%
• YTD: 11.03%
• 1Y: 22.56%
• 3Y*: 16.28%
• 5Y*: 9.40%
• 10Y*: 10.71%
• ALL TIME*: 10.07%

DRIQX

• 1D: 0.35%
• 1M: -0.44%
• 6M: 1.84%
• YTD: 3.01%
• 1Y: 6.61%
• 3Y*: 6.44%
• 5Y*: 1.86%
• 10Y*: 4.48%
• ALL TIME*: 5.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRIQX Dimensional 2015 Target Date Retirement Income Fund	$0.00	$0.00	$0.00
JPTBX JPMorgan SmartRetirement Blend 2055 Fund	$0.00	$0.00	$0.00

JPTBX vs. DRIQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JPTBX JPMorgan SmartRetirement Blend 2055 Fund	11.03%	20.02%	11.95%	22.09%	-17.76%	17.54%	12.93%	24.57%	-8.62%	20.15%
DRIQX Dimensional 2015 Target Date Retirement Income Fund	3.01%	8.83%	5.47%	8.17%	-14.79%	7.79%	14.31%	14.08%	-4.20%	7.82%

Correlation

The correlation between JPTBX and DRIQX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.73
Correlation (5Y) Shows whether the relationship held over a longer period.	0.67
Correlation (10Y) Provides a long-term view across more market conditions.	0.61
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.61

Over the past year, JPTBX and DRIQX have become more correlated (0.81) than their long-term average of 0.61, meaning their price movements have been converging.

Return for Risk

JPTBX vs. DRIQX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JPTBX

JPTBX Risk / Return Rank: 67
JPTBX Sharpe Ratio Rank: 65
JPTBX Sortino Ratio Rank: 63
JPTBX Omega Ratio Rank: 62
JPTBX Calmar Ratio Rank: 67
JPTBX Martin Ratio Rank: 79

DRIQX

DRIQX Risk / Return Rank: 53
DRIQX Sharpe Ratio Rank: 54
DRIQX Sortino Ratio Rank: 54
DRIQX Omega Ratio Rank: 54
DRIQX Calmar Ratio Rank: 48
DRIQX Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JPTBX vs. DRIQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan SmartRetirement Blend 2055 Fund (JPTBX) and Dimensional 2015 Target Date Retirement Income Fund (DRIQX). 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.

	JPTBX	DRIQX	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.46	+0.16
Sortino ratio: Return per unit of downside risk	2.28	2.10	+0.19
Omega ratio: Gain probability vs. loss probability	1.29	1.27	+0.02
Calmar ratio: Return relative to maximum drawdown	2.30	1.90	+0.40
Martin ratio: Return relative to average drawdown	9.86	7.47	+2.40

JPTBX vs. DRIQX - Sharpe Ratio Comparison

The current JPTBX Sharpe Ratio is 1.61, which is comparable to the DRIQX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of JPTBX and DRIQX, 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

JPTBX vs. DRIQX - Drawdown Comparison

The maximum JPTBX drawdown since its inception was -32.64%, which is greater than DRIQX's maximum drawdown of -19.86%. Use the drawdown chart below to compare losses from any high point for JPTBX and DRIQX.

Drawdown Indicators

	JPTBX	DRIQX	Difference
Max Drawdown Largest peak-to-trough decline	-32.64%	-19.86%	-12.78%
Max Drawdown (1Y) Largest decline over 1 year	-9.00%	-3.47%	-5.53%
Max Drawdown (3Y) Largest decline over 3 years	-15.41%	-5.12%	-10.29%
Max Drawdown (5Y) Largest decline over 5 years	-25.39%	-19.86%	-5.53%
Max Drawdown (10Y) Largest decline over 10 years	-32.64%	-19.86%	-12.78%
Current Drawdown Current decline from peak	-1.27%	-1.30%	+0.03%
Average Drawdown Average peak-to-trough decline	-4.23%	-3.84%	-0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	0.88%	+1.21%

Volatility

JPTBX vs. DRIQX - Volatility Comparison

JPMorgan SmartRetirement Blend 2055 Fund (JPTBX) has a higher volatility of 3.62% compared to Dimensional 2015 Target Date Retirement Income Fund (DRIQX) at 1.10%. This indicates that JPTBX's price experiences larger fluctuations and is considered to be riskier than DRIQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPTBX	DRIQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	1.10%	+2.52%
Volatility (6M) Calculated over the trailing 6-month period	10.66%	3.60%	+7.06%
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	4.52%	+8.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.94%	7.07%	+7.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.56%	6.58%	+8.98%

JPTBX vs. DRIQX - Expense Ratio Comparison

JPTBX has a 0.33% expense ratio, which is higher than DRIQX's 0.17% expense ratio.

Dividends

JPTBX vs. DRIQX - Dividend Comparison

JPTBX's dividend yield for the trailing twelve months is around 2.00%, less than DRIQX's 6.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRIQX Dimensional 2015 Target Date Retirement Income Fund	6.36%	4.95%	4.53%	4.28%	6.51%	4.54%	3.76%	2.05%	2.23%	1.66%	1.37%	0.00%
JPTBX JPMorgan SmartRetirement Blend 2055 Fund	2.00%	2.22%	1.95%	1.83%	1.61%	5.17%	1.14%	2.30%	4.95%	1.90%	2.03%	1.99%

Frequently Asked Questions

Can I hold both JPTBX and DRIQX in my portfolio?

JPTBX and DRIQX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPTBX or DRIQX?

JPTBX has higher volatility (3.62%) compared to DRIQX (1.10%). In terms of maximum drawdown, JPTBX dropped -32.64% vs DRIQX's -19.86%.

Which has better risk-adjusted returns?

JPTBX currently has the higher Sharpe Ratio (1.61 vs 1.46), 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.