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FHKCX vs. FJSCX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FHKCX vs. FJSCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity China Region Fund (FHKCX) and Fidelity Japan Smaller Companies Fund (FJSCX). The values are adjusted to include any dividend payments, if applicable.

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FHKCX vs. FJSCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FHKCX
Fidelity China Region Fund
8.35%42.56%23.15%-0.29%-23.87%-13.69%47.85%35.12%-17.43%51.94%
FJSCX
Fidelity Japan Smaller Companies Fund
5.60%26.43%8.03%15.15%-14.49%-0.36%4.80%22.00%-15.98%34.56%

Returns By Period

In the year-to-date period, FHKCX achieves a 8.35% return, which is significantly higher than FJSCX's 5.60% return. Over the past 10 years, FHKCX has outperformed FJSCX with an annualized return of 12.46%, while FJSCX has yielded a comparatively lower 8.29% annualized return.


FHKCX

1D
2.70%
1M
-6.14%
YTD
8.35%
6M
7.83%
1Y
46.41%
3Y*
20.93%
5Y*
2.94%
10Y*
12.46%

FJSCX

1D
3.08%
1M
-8.94%
YTD
5.60%
6M
8.14%
1Y
30.75%
3Y*
16.31%
5Y*
7.24%
10Y*
8.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FHKCX vs. FJSCX - Expense Ratio Comparison

Both FHKCX and FJSCX have an expense ratio of 0.91%.


Return for Risk

FHKCX vs. FJSCX — Risk / Return Rank

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

FHKCX
FHKCX Risk / Return Rank: 9191
Overall Rank
FHKCX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FHKCX Sortino Ratio Rank: 9090
Sortino Ratio Rank
FHKCX Omega Ratio Rank: 8888
Omega Ratio Rank
FHKCX Calmar Ratio Rank: 9393
Calmar Ratio Rank
FHKCX Martin Ratio Rank: 9292
Martin Ratio Rank

FJSCX
FJSCX Risk / Return Rank: 8080
Overall Rank
FJSCX Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
FJSCX Sortino Ratio Rank: 8080
Sortino Ratio Rank
FJSCX Omega Ratio Rank: 7373
Omega Ratio Rank
FJSCX Calmar Ratio Rank: 8585
Calmar Ratio Rank
FJSCX Martin Ratio Rank: 8282
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.

FHKCX vs. FJSCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity China Region Fund (FHKCX) and Fidelity Japan Smaller Companies Fund (FJSCX). 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.


FHKCXFJSCXDifference

Sharpe ratio

Return per unit of total volatility

2.06

1.58

+0.48

Sortino ratio

Return per unit of downside risk

2.62

2.12

+0.50

Omega ratio

Gain probability vs. loss probability

1.38

1.29

+0.09

Calmar ratio

Return relative to maximum drawdown

2.94

2.23

+0.70

Martin ratio

Return relative to average drawdown

11.28

8.55

+2.73

FHKCX vs. FJSCX - Sharpe Ratio Comparison

The current FHKCX Sharpe Ratio is 2.06, which is higher than the FJSCX Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of FHKCX and FJSCX, 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


FHKCXFJSCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.06

1.58

+0.48

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.43

-0.30

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.53

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

0.29

+0.11

Correlation

The correlation between FHKCX and FJSCX is 0.42, 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.


Dividends

FHKCX vs. FJSCX - Dividend Comparison

FHKCX's dividend yield for the trailing twelve months is around 1.62%, less than FJSCX's 16.68% yield.


TTM20252024202320222021202020192018201720162015
FHKCX
Fidelity China Region Fund
1.62%1.75%1.39%1.92%1.05%10.77%4.85%0.66%0.83%0.39%1.35%15.47%
FJSCX
Fidelity Japan Smaller Companies Fund
16.68%17.62%4.54%2.82%0.05%12.01%1.59%7.13%5.55%3.91%2.83%1.43%

Drawdowns

FHKCX vs. FJSCX - Drawdown Comparison

The maximum FHKCX drawdown since its inception was -61.96%, smaller than the maximum FJSCX drawdown of -71.42%. Use the drawdown chart below to compare losses from any high point for FHKCX and FJSCX.


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Drawdown Indicators


FHKCXFJSCXDifference

Max Drawdown

Largest peak-to-trough decline

-61.96%

-71.42%

+9.46%

Max Drawdown (1Y)

Largest decline over 1 year

-15.90%

-12.79%

-3.11%

Max Drawdown (5Y)

Largest decline over 5 years

-53.82%

-29.74%

-24.08%

Max Drawdown (10Y)

Largest decline over 10 years

-58.41%

-32.10%

-26.31%

Current Drawdown

Current decline from peak

-8.40%

-10.10%

+1.70%

Average Drawdown

Average peak-to-trough decline

-20.37%

-26.78%

+6.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.15%

3.34%

+0.81%

Volatility

FHKCX vs. FJSCX - Volatility Comparison

Fidelity China Region Fund (FHKCX) has a higher volatility of 9.78% compared to Fidelity Japan Smaller Companies Fund (FJSCX) at 8.83%. This indicates that FHKCX's price experiences larger fluctuations and is considered to be riskier than FJSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FHKCXFJSCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.78%

8.83%

+0.95%

Volatility (6M)

Calculated over the trailing 6-month period

16.55%

14.24%

+2.31%

Volatility (1Y)

Calculated over the trailing 1-year period

23.25%

18.98%

+4.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.00%

17.02%

+6.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.11%

15.83%

+6.28%