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3988.HK vs. FJPNX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

3988.HK vs. FJPNX - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Bank of China Limited (3988.HK) and Fidelity Japan Fund (FJPNX). The values are adjusted to include any dividend payments, if applicable.

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3988.HK vs. FJPNX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
3988.HK
Bank of China Limited
13.45%22.65%43.37%14.21%10.25%14.66%-14.78%4.69%-6.88%17.45%
FJPNX
Fidelity Japan Fund
9.92%31.91%6.81%15.84%-22.10%3.67%24.86%25.08%-14.65%30.25%
Different Trading Currencies

3988.HK is traded in HKD, while FJPNX is traded in USD. To make them comparable, the FJPNX values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 3988.HK achieves a 13.45% return, which is significantly higher than FJPNX's 9.92% return. Over the past 10 years, 3988.HK has outperformed FJPNX with an annualized return of 12.47%, while FJPNX has yielded a comparatively lower 10.68% annualized return.


3988.HK

1D
1.00%
1M
10.96%
YTD
13.45%
6M
21.92%
1Y
14.35%
3Y*
29.06%
5Y*
20.94%
10Y*
12.47%

FJPNX

1D
2.79%
1M
-0.77%
YTD
9.92%
6M
14.62%
1Y
43.00%
3Y*
18.44%
5Y*
7.28%
10Y*
10.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

3988.HK vs. FJPNX — Risk / Return Rank

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

3988.HK
3988.HK Risk / Return Rank: 6161
Overall Rank
3988.HK Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
3988.HK Sortino Ratio Rank: 5555
Sortino Ratio Rank
3988.HK Omega Ratio Rank: 5757
Omega Ratio Rank
3988.HK Calmar Ratio Rank: 6565
Calmar Ratio Rank
3988.HK Martin Ratio Rank: 6565
Martin Ratio Rank

FJPNX
FJPNX Risk / Return Rank: 8787
Overall Rank
FJPNX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FJPNX Sortino Ratio Rank: 8484
Sortino Ratio Rank
FJPNX Omega Ratio Rank: 7979
Omega Ratio Rank
FJPNX Calmar Ratio Rank: 9393
Calmar Ratio Rank
FJPNX Martin Ratio Rank: 9292
Martin Ratio Rank
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.

3988.HK vs. FJPNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bank of China Limited (3988.HK) 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.


3988.HKFJPNXDifference

Sharpe ratio

Return per unit of total volatility

0.73

1.86

-1.13

Sortino ratio

Return per unit of downside risk

1.01

2.43

-1.42

Omega ratio

Gain probability vs. loss probability

1.15

1.34

-0.19

Calmar ratio

Return relative to maximum drawdown

1.26

3.35

-2.09

Martin ratio

Return relative to average drawdown

3.00

12.19

-9.20

3988.HK vs. FJPNX - Sharpe Ratio Comparison

The current 3988.HK Sharpe Ratio is 0.73, which is lower than the FJPNX Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of 3988.HK and FJPNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


3988.HKFJPNXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.73

1.86

-1.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.16

0.37

+0.79

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.67

0.59

+0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.31

0.21

+0.10

Correlation

The correlation between 3988.HK and FJPNX is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

3988.HK vs. FJPNX - Dividend Comparison

3988.HK's dividend yield for the trailing twelve months is around 4.97%, less than FJPNX's 9.12% yield.


TTM20252024202320222021202020192018201720162015
3988.HK
Bank of China Limited
4.97%8.56%6.53%8.45%9.12%8.46%7.90%6.33%6.26%5.01%6.02%6.86%
FJPNX
Fidelity Japan Fund
9.12%9.95%4.85%3.71%0.00%11.58%1.79%1.18%0.38%0.23%1.22%0.64%

Drawdowns

3988.HK vs. FJPNX - Drawdown Comparison

The maximum 3988.HK drawdown since its inception was -66.11%, which is greater than FJPNX's maximum drawdown of -58.33%. Use the drawdown chart below to compare losses from any high point for 3988.HK and FJPNX.


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Drawdown Indicators


3988.HKFJPNXDifference

Max Drawdown

Largest peak-to-trough decline

-66.11%

-64.83%

-1.28%

Max Drawdown (1Y)

Largest decline over 1 year

-12.61%

-12.74%

+0.13%

Max Drawdown (5Y)

Largest decline over 5 years

-17.25%

-36.23%

+18.98%

Max Drawdown (10Y)

Largest decline over 10 years

-40.56%

-36.23%

-4.33%

Current Drawdown

Current decline from peak

0.00%

-7.14%

+7.14%

Average Drawdown

Average peak-to-trough decline

-19.93%

-25.01%

+5.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.29%

3.46%

+1.83%

Volatility

3988.HK vs. FJPNX - Volatility Comparison

The current volatility for Bank of China Limited (3988.HK) is 4.64%, while Fidelity Japan Fund (FJPNX) has a volatility of 9.86%. This indicates that 3988.HK 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.


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Volatility by Period


3988.HKFJPNXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.64%

9.86%

-5.22%

Volatility (6M)

Calculated over the trailing 6-month period

11.63%

16.78%

-5.15%

Volatility (1Y)

Calculated over the trailing 1-year period

20.24%

23.20%

-2.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.53%

19.71%

-1.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.01%

18.15%

+0.86%