^N225 vs. FJPNX
Compare and contrast key facts about Nikkei 225 (^N225) and Fidelity Japan Fund (FJPNX).
FJPNX is managed by Fidelity. It was launched on Sep 15, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^N225 or FJPNX.
Correlation
The correlation between ^N225 and FJPNX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^N225 vs. FJPNX - Performance Comparison
Key characteristics
^N225:
0.69
FJPNX:
0.28
^N225:
1.04
FJPNX:
0.50
^N225:
1.17
FJPNX:
1.07
^N225:
0.69
FJPNX:
0.27
^N225:
2.48
FJPNX:
1.30
^N225:
7.14%
FJPNX:
4.36%
^N225:
25.92%
FJPNX:
20.33%
^N225:
-81.87%
FJPNX:
-61.98%
^N225:
-8.22%
FJPNX:
-15.41%
Returns By Period
In the year-to-date period, ^N225 achieves a 15.81% return, which is significantly higher than FJPNX's 1.93% return. Over the past 10 years, ^N225 has outperformed FJPNX with an annualized return of 8.33%, while FJPNX has yielded a comparatively lower 6.12% annualized return.
^N225
15.81%
0.89%
0.32%
15.08%
10.48%
8.33%
FJPNX
1.93%
-5.59%
-0.73%
6.78%
3.56%
6.12%
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Risk-Adjusted Performance
^N225 vs. FJPNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nikkei 225 (^N225) and Fidelity Japan Fund (FJPNX). 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.
Drawdowns
^N225 vs. FJPNX - Drawdown Comparison
The maximum ^N225 drawdown since its inception was -81.87%, which is greater than FJPNX's maximum drawdown of -61.98%. Use the drawdown chart below to compare losses from any high point for ^N225 and FJPNX. For additional features, visit the drawdowns tool.
Volatility
^N225 vs. FJPNX - Volatility Comparison
The current volatility for Nikkei 225 (^N225) is 5.65%, while Fidelity Japan Fund (FJPNX) has a volatility of 8.02%. This indicates that ^N225 experiences smaller price fluctuations and is considered to be less risky than FJPNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.