- Issuer
- Fidelity
- Inception Date
- Jun 24, 2021
- Category
- Japan Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FSJPX Performance Chart
Fidelity SAI Japan Stock Index Fund (FSJPX) is up 20.6% since the beginning of the year. FSJPX is currently trading at $14 per share. Investors who bought $1,000 worth of FSJPX shares 5 years ago would now be looking at an investment worth $1,645.
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Returns By Period
Fidelity SAI Japan Stock Index Fund (FSJPX) has returned 20.56% so far this year and 41.05% over the past 12 months.
Fidelity SAI Japan Stock Index Fund
- 1D
- 2.22%
- 1M
- 5.95%
- YTD
- 20.56%
- 6M
- 20.97%
- 1Y
- 41.05%
- 3Y*
- 19.15%
- 5Y*
- 10.47%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FSJPX Monthly Returns History
Based on dividend-adjusted daily data since May 27, 2021, FSJPX's average daily return is +0.05%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 58% of months were positive and 42% were negative. The best month was Nov 2022 with a return of +12.1%, while the worst month was Sep 2022 at -9.5%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FSJPX closed higher 49% of trading days. The best single day was Apr 9, 2025 with a return of +6.8%, while the worst single day was Apr 4, 2025 at -5.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.09% | 8.37% | -8.83% | 6.13% | 4.18% | 4.01% | 20.56% | ||||||
| 2025 | 2.13% | 0.40% | -0.10% | 4.37% | 3.71% | 2.20% | -2.69% | 6.82% | 3.62% | 3.66% | -0.64% | 0.54% | 26.39% |
| 2024 | 3.09% | 4.65% | 3.06% | -5.56% | 2.34% | -0.50% | 4.79% | 1.05% | -0.19% | -5.57% | 2.60% | -2.10% | 7.19% |
| 2023 | 7.01% | -4.37% | 4.93% | -0.11% | 1.61% | 4.63% | 2.27% | -2.43% | -2.27% | -3.10% | 7.08% | 4.23% | 20.25% |
| 2022 | -4.19% | -2.19% | -1.81% | -8.13% | 2.01% | -7.64% | 6.27% | -4.01% | -9.46% | 2.85% | 12.14% | -2.18% | -17.02% |
| 2021 | 1.40% | -0.99% | -0.70% | 2.41% | 2.45% | -2.68% | -2.75% | 2.18% | 1.16% |
Benchmark Metrics
Fidelity SAI Japan Stock Index Fund has an annualized alpha of 1.95%, beta of 0.75, and R2 of 0.47 versus S&P 500 Index. Calculated based on daily prices since May 27, 2021.
- This fund participated in 71.02% of S&P 500 Index downside but only 69.62% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.47 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.95%
- Beta
- 0.75
- R²
- 0.47
- Upside Capture
- 69.62%
- Downside Capture
- 71.02%
Expense Ratio
FSJPX has an expense ratio of 0.11%, which is considered low.
Return for Risk
Risk / Return Rank
FSJPX ranks 47 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity SAI Japan Stock Index Fund (FSJPX) and compare them to S&P 500 Index.
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.
| FSJPX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | 2.78 | +0.04 |
| Martin ratioReturn relative to average drawdown | 9.73 | 12.44 | -2.71 |
Dividends
Dividend History
Fidelity SAI Japan Stock Index Fund provided a 4.36% dividend yield over the last twelve months, with an annual payout of $0.62 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.62 | $0.62 | $0.22 | $0.39 | $0.19 | $0.10 |
Dividend yield | 4.36% | 5.25% | 2.26% | 4.10% | 2.28% | 0.97% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity SAI Japan Stock Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.39 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2021 | $0.10 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity SAI Japan Stock Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity SAI Japan Stock Index Fund was 32.91%, occurring on Oct 14, 2022. Recovery took 345 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -32.91%Oct 2022 | 1y 28d | 1y 4mo | 2y 5moSep 2021 - Mar 2024 |
2025 selloff2025 | -15.45%Apr 2025 | 6mo 12d | 28d | 7mo 10dSep 2024 - May 2025 |
2026 correction2026 | -13.59%Mar 2026 | 1mo 6d | 2mo 15d | 3mo 21dFeb 2026 - Jun 2026 |
2024 correction2024 | -11.81%Aug 2024 | 19d | 18d | 1mo 7dJul 2024 - Aug 2024 |
2024 pullback2024 | -8.27%Apr 2024 | 25d | 2mo 24d | 3mo 19dMar 2024 - Jul 2024 |
Drawdown Indicators
| FSJPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.91% | -56.78% | +23.87% |
Max Drawdown (1Y)Largest decline over 1 year | -13.59% | -9.10% | -4.49% |
Max Drawdown (3Y)Largest decline over 3 years | -15.45% | -18.90% | +3.45% |
Max Drawdown (5Y)Largest decline over 5 years | -32.91% | -25.43% | -7.48% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -9.76% | -10.71% | +0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.94% | 2.03% | +1.91% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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