FJPCX vs. RMBPX

Last updated Jun 4, 2026

FJPCX (Fidelity Advisor Japan Fund Class C) and RMBPX (RMB Japan Fund) are both Japan Equities funds. A 0.78 correlation means they provide meaningful diversification when combined. FJPCX charges 2.09%/yr vs 1.30%/yr for RMBPX.

Performance

FJPCX vs. RMBPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Japan Fund Class C (FJPCX) and RMB Japan Fund (RMBPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FJPCX

• 1D: -0.17%
• 1M: 7.30%
• YTD: 23.89%
• 6M: 24.21%
• 1Y: 42.46%
• 3Y*: 20.61%
• 5Y*: 9.17%
• 10Y*: 10.44%

RMBPX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FJPCX vs. RMBPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FJPCX Fidelity Advisor Japan Fund Class C	23.89%	30.33%	6.28%	14.73%	-23.02%	2.12%	24.21%	24.42%	-19.65%
RMBPX RMB Japan Fund	0.00%	-0.24%	-14.03%	19.33%	-14.50%	-2.65%	13.06%	17.64%	-17.62%

Correlation

The correlation between FJPCX and RMBPX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jan 16, 2018	0.78

The correlation between FJPCX and RMBPX shifts across timeframes, from 0.61 (3 years) to 0.78 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FJPCX vs. RMBPX — Risk / Return Rank

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

FJPCX

FJPCX Risk / Return Rank: 52
FJPCX Sharpe Ratio Rank: 44
FJPCX Sortino Ratio Rank: 41
FJPCX Omega Ratio Rank: 41
FJPCX Calmar Ratio Rank: 69
FJPCX Martin Ratio Rank: 62

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.

FJPCX vs. RMBPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Japan Fund Class C (FJPCX) and RMB Japan Fund (RMBPX). 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.

	FJPCX	RMBPX	Difference
Sharpe ratio Return per unit of total volatility	1.95	—	—
Sortino ratio Return per unit of downside risk	2.68	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	3.23	—	—
Martin ratio Return relative to average drawdown	12.26	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FJPCX	RMBPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	—	—

Drawdowns

Drawdown Indicators

	FJPCX	RMBPX	Difference
Max Drawdown Largest peak-to-trough decline	-36.91%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.81%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.91%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.91%	—	—
Current Drawdown Current decline from peak	-1.66%	—	—
Average Drawdown Average peak-to-trough decline	-10.51%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.37%	—	—

Volatility

Volatility by Period

	FJPCX	RMBPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.21%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.97%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.29%	—	—

FJPCX vs. RMBPX - Expense Ratio Comparison

FJPCX has a 2.09% expense ratio, which is higher than RMBPX's 1.30% expense ratio.

Dividends

FJPCX vs. RMBPX - Dividend Comparison

FJPCX's dividend yield for the trailing twelve months is around 7.40%, while RMBPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FJPCX Fidelity Advisor Japan Fund Class C	7.40%	9.16%	3.93%	2.96%	0.00%	10.33%	1.25%	0.22%	0.00%	0.25%
RMBPX RMB Japan Fund	0.00%	0.00%	3.28%	4.43%	1.04%	8.11%	0.29%	1.15%	0.36%	0.00%

Frequently Asked Questions

Can I hold both FJPCX and RMBPX in my portfolio?

FJPCX and RMBPX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.