JRBEX vs. PLTZX

Last updated Jul 3, 2026

JRBEX (JPMorgan SmartRetirement Blend 2030 Fund) and PLTZX (Principal LifeTime 2060 Fund) are both Target Retirement Date funds. Over the past 10 years, JRBEX returned 8.38%/yr vs 11.55%/yr for PLTZX. With a 0.97 correlation, they move nearly in lockstep. JRBEX charges 0.32%/yr vs 0.01%/yr for PLTZX.

Performance

JRBEX vs. PLTZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan SmartRetirement Blend 2030 Fund (JRBEX) and Principal LifeTime 2060 Fund (PLTZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JRBEX achieves a 7.05% return, which is significantly lower than PLTZX's 8.08% return. Over the past 10 years, JRBEX has underperformed PLTZX with an annualized return of 8.38%, while PLTZX has yielded a comparatively higher 11.55% annualized return.

JRBEX

• 1D: -0.38%
• 1M: -0.54%
• 6M: 7.05%
• YTD: 7.05%
• 1Y: 14.76%
• 3Y*: 12.83%
• 5Y*: 6.21%
• 10Y*: 8.38%

PLTZX

• 1D: -0.64%
• 1M: -1.45%
• 6M: 8.08%
• YTD: 8.08%
• 1Y: 16.64%
• 3Y*: 16.84%
• 5Y*: 8.60%
• 10Y*: 11.55%

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

JRBEX vs. PLTZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JRBEX JPMorgan SmartRetirement Blend 2030 Fund	7.05%	15.33%	7.14%	18.28%	-16.36%	11.63%	11.91%	20.65%	-6.86%	17.22%
PLTZX Principal LifeTime 2060 Fund	8.08%	17.76%	16.89%	20.36%	-18.81%	18.12%	16.60%	27.54%	-9.24%	22.68%

Correlation

The correlation between JRBEX and PLTZX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Mar 4, 2013	0.97

The correlation between JRBEX and PLTZX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

JRBEX vs. PLTZX — Risk / Return Rank

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

JRBEX

JRBEX Risk / Return Rank: 66
JRBEX Sharpe Ratio Rank: 66
JRBEX Sortino Ratio Rank: 67
JRBEX Omega Ratio Rank: 66
JRBEX Calmar Ratio Rank: 61
JRBEX Martin Ratio Rank: 70

PLTZX

PLTZX Risk / Return Rank: 38
PLTZX Sharpe Ratio Rank: 35
PLTZX Sortino Ratio Rank: 34
PLTZX Omega Ratio Rank: 34
PLTZX Calmar Ratio Rank: 39
PLTZX Martin Ratio Rank: 50

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.

JRBEX vs. PLTZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan SmartRetirement Blend 2030 Fund (JRBEX) and Principal LifeTime 2060 Fund (PLTZX). 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.

	JRBEX	PLTZX	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.36	+0.48
Sortino ratio: Return per unit of downside risk	2.62	1.92	+0.69
Omega ratio: Gain probability vs. loss probability	1.34	1.25	+0.09
Calmar ratio: Return relative to maximum drawdown	2.45	1.96	+0.50
Martin ratio: Return relative to average drawdown	10.57	8.47	+2.10

JRBEX vs. PLTZX - Sharpe Ratio Comparison

The current JRBEX Sharpe Ratio is 1.83, which is higher than the PLTZX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of JRBEX and PLTZX, 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

JRBEX vs. PLTZX - Drawdown Comparison

The maximum JRBEX drawdown since its inception was -25.15%, smaller than the maximum PLTZX drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for JRBEX and PLTZX.

Drawdown Indicators

	JRBEX	PLTZX	Difference
Max Drawdown Largest peak-to-trough decline	-25.15%	-34.01%	+8.86%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-8.70%	+2.55%
Max Drawdown (3Y) Largest decline over 3 years	-9.58%	-15.73%	+6.15%
Max Drawdown (5Y) Largest decline over 5 years	-22.21%	-26.79%	+4.58%
Max Drawdown (10Y) Largest decline over 10 years	-25.15%	-34.01%	+8.86%
Current Drawdown Current decline from peak	-0.57%	-1.45%	+0.88%
Average Drawdown Average peak-to-trough decline	-3.63%	-4.61%	+0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.42%	2.00%	-0.58%

Volatility

JRBEX vs. PLTZX - Volatility Comparison

The current volatility for JPMorgan SmartRetirement Blend 2030 Fund (JRBEX) is 3.25%, while Principal LifeTime 2060 Fund (PLTZX) has a volatility of 5.17%. This indicates that JRBEX experiences smaller price fluctuations and is considered to be less risky than PLTZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JRBEX	PLTZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	5.17%	-1.92%
Volatility (6M) Calculated over the trailing 6-month period	6.90%	10.49%	-3.59%
Volatility (1Y) Calculated over the trailing 1-year period	8.23%	12.56%	-4.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.48%	15.60%	-5.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.04%	15.94%	-4.90%

JRBEX vs. PLTZX - Expense Ratio Comparison

JRBEX has a 0.32% expense ratio, which is higher than PLTZX's 0.01% expense ratio.

Dividends

JRBEX vs. PLTZX - Dividend Comparison

JRBEX's dividend yield for the trailing twelve months is around 2.86%, less than PLTZX's 7.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JRBEX JPMorgan SmartRetirement Blend 2030 Fund	2.86%	3.06%	2.86%	2.47%	1.94%	5.57%	2.51%	3.19%	6.01%	1.99%	2.09%	2.09%
PLTZX Principal LifeTime 2060 Fund	7.71%	8.33%	7.85%	4.12%	8.44%	5.29%	3.60%	5.86%	5.75%	2.73%	3.48%	3.29%

Frequently Asked Questions

Can I hold both JRBEX and PLTZX in my portfolio?

With a correlation of 0.96, JRBEX and PLTZX 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, JRBEX or PLTZX?

PLTZX has higher volatility (5.17%) compared to JRBEX (3.25%). In terms of maximum drawdown, JRBEX dropped -25.15% vs PLTZX's -34.01%.

Which has better risk-adjusted returns?

JRBEX currently has the higher Sharpe Ratio (1.83 vs 1.35), 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.