Data as of Oct 28, 2026.
FIXD vs JCPB: Differences, Returns & Fees
On Aug 31, 2026 FIXD's duration was 6.2 years and JCPB's 5.9; JCPB charges 0.37% to FIXD's 0.65%.
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Net assets: $2.8bn on Oct 27, 2026 for First Trust Smith Opportunistic Fixed Income ETF, and $17.4bn on Oct 28, 2026 for JPMorgan Core Plus Bond ETF.
Pair scorecard
JCPB costs 0.28 points a year less; their one-year returns differ by 1.8 points; JCPB is 6.2 times larger.
| Measure | FIXD | JCPB |
|---|---|---|
| Return | ||
| Total return, 1 year | −2.6% | −0.8% |
| Drawdown | ||
| Below its high | 5.7%, high on Aug 4, 2021 | |
| Benchmark | ||
| What it tracks | No index, actively managed | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.65% | 0.37% |
| Net assets, as of Oct 27, 2026 | $2.8bn | $17.4bn |
| Holdings | ||
| Holdings in common | 3% | |
Holdings in common uses holdings dated Aug 31, 2026. Method
Risk and return
Feb 8, 2019 to Oct 23, 2026 · 402 weekly returns · each against AGGJCPB returned more: +19.7% to +12.2%. JCPB swung less: 5.2% to 6.5%. JCPB fell less at its worst: −16.5% to −20.1%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | FIXD | JCPB | AGG | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +12.2% | +19.7% | JCPB | Price change plus distributions, reinvested. | |
| Annualized | +1.5% | +2.4% | JCPB | Total return as a yearly rate. | |
| Price return | −16.5% | −10.5% | JCPB | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 6.5% | 5.2% | JCPB | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 4.7% | 3.7% | JCPB | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −20.1% | −16.5% | JCPB | Deepest fall from a high to the low after it. | |
| Upside capture | 107.0% | 94.7% | 100.0% | FIXD | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 106.2% | 90.2% | 100.0% | JCPB | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 1.09 | 0.85 | 1.00 | JCPB lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.95 | 0.89 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | −0.18 | −0.07 | JCPB | Return above Treasury bills per unit of volatility. | |
| Sortino | −0.24 | −0.10 | JCPB | Return above Treasury bills per unit of downside deviation. | |
| Treynor | −0.010 | −0.004 | −0.012 | JCPB | Return above Treasury bills per unit of beta. |
| Calmar | 0.07 | 0.14 | JCPB | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | AGG | AGG | AGG | The ETF each fund is measured against. | |
| Alpha | +0.2% a year | +0.6% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.35 | 1.07 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −0.8% to +1.2% | −0.5% to +1.8% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | 0.05 | 0.44 | JCPB | Return against its benchmark per unit of tracking error. | |
| Tracking error | 1.5% | 1.9% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 402 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FIXD and JCPB hold 3% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.
half
3% in common
Only in one fund ↓
Side by side
FIXD and JCPB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FIXD and JCPB are built for the same job. How do they differ in cost, holdings and results?
- Holdings in common. 3% of the weight is in the same securities (holdings dated Aug 31, 2026).
- Number of holdings. FIXD holds 410 positions and JCPB holds 2819.
- Cost. FIXD charges 0.65% of assets a year and JCPB 0.37%, a gap of 0.28 points.
Data as of Oct 28, 2026.
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FIXD
FIXD is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −2.6% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.65% a year. It sat 5.7% below its high of Aug 4, 2021 on Oct 28, 2026.
JCPB
JCPB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.37% a year.
Questions people ask
- Which returned more over the last year, FIXD or JCPB?
- In the year to Oct 28, 2026, with distributions reinvested, FIXD returned −2.6% and JCPB −0.8%.
- Which is cheaper, FIXD or JCPB?
- JCPB is cheaper, by 0.28 percentage points a year. That is about $28 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, FIXD against JCPB, data as of Oct 28, 2026. https://etfiq.com/compare/any/fixd-vs-jcpb
ETFIQ. (Oct 28, 2026). FIXD against JCPB. Retrieved from https://etfiq.com/compare/any/fixd-vs-jcpb
[FIXD against JCPB (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/fixd-vs-jcpb)
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