FJPIX vs. FTIHX

Last updated Jun 5, 2026

FJPIX (Fidelity Advisor Japan Fund Class I) and FTIHX (Fidelity Total International Index Fund) are both mutual funds - FJPIX is a Japan Equities fund managed by Fidelity, while FTIHX is a Foreign Large Cap Equities fund tracking the MSCI ACWI (All Country World Index) ex USA Investable Market Index. Over the past 5 years, FJPIX returned 10.22%/yr vs 8.41%/yr for FTIHX. A 0.76 correlation means they provide meaningful diversification when combined. FJPIX charges 1.04%/yr vs 0.06%/yr for FTIHX.

Performance

FJPIX vs. FTIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Japan Fund Class I (FJPIX) and Fidelity Total International Index Fund (FTIHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FJPIX achieves a 25.17% return, which is significantly higher than FTIHX's 14.49% return.

FJPIX

• 1D: 0.60%
• 1M: 7.03%
• YTD: 25.17%
• 6M: 24.56%
• 1Y: 44.58%
• 3Y*: 22.05%
• 5Y*: 10.22%
• 10Y*: 11.54%

FTIHX

• 1D: -0.90%
• 1M: 3.71%
• YTD: 14.49%
• 6M: 16.97%
• 1Y: 31.36%
• 3Y*: 19.53%
• 5Y*: 8.41%
• 10Y*: —

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

FJPIX vs. FTIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FJPIX Fidelity Advisor Japan Fund Class I	25.17%	31.61%	7.29%	15.88%	-22.22%	3.18%	25.56%	25.71%	-14.73%	29.03%
FTIHX Fidelity Total International Index Fund	14.49%	32.59%	4.98%	15.49%	-16.29%	8.45%	11.09%	21.50%	-14.40%	25.88%

Correlation

The correlation between FJPIX and FTIHX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since Jun 17, 2016	0.76

The correlation between FJPIX and FTIHX has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.

Return for Risk

FJPIX vs. FTIHX — Risk / Return Rank

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

FJPIX

FJPIX Risk / Return Rank: 60
FJPIX Sharpe Ratio Rank: 53
FJPIX Sortino Ratio Rank: 48
FJPIX Omega Ratio Rank: 49
FJPIX Calmar Ratio Rank: 79
FJPIX Martin Ratio Rank: 72

FTIHX

FTIHX Risk / Return Rank: 56
FTIHX Sharpe Ratio Rank: 58
FTIHX Sortino Ratio Rank: 53
FTIHX Omega Ratio Rank: 56
FTIHX Calmar Ratio Rank: 56
FTIHX Martin Ratio Rank: 56

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.

FJPIX vs. FTIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Japan Fund Class I (FJPIX) and Fidelity Total International Index Fund (FTIHX). 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.

	FJPIX	FTIHX	Difference
Sharpe ratio: Return per unit of total volatility	2.13	2.26	-0.14
Sortino ratio: Return per unit of downside risk	2.87	3.08	-0.21
Omega ratio: Gain probability vs. loss probability	1.37	1.42	-0.04
Calmar ratio: Return relative to maximum drawdown	3.52	2.88	+0.64
Martin ratio: Return relative to average drawdown	13.45	11.33	+2.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FJPIX vs. FTIHX - Sharpe Ratio Comparison

The current FJPIX Sharpe Ratio is 2.13, which is comparable to the FTIHX Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of FJPIX and FTIHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FJPIX	FTIHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	2.26	-0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.55	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.63	-0.17

Drawdowns

FJPIX vs. FTIHX - Drawdown Comparison

The maximum FJPIX drawdown since its inception was -36.13%, roughly equal to the maximum FTIHX drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for FJPIX and FTIHX.

Drawdown Indicators

	FJPIX	FTIHX	Difference
Max Drawdown Largest peak-to-trough decline	-36.13%	-35.75%	-0.38%
Max Drawdown (1Y) Largest decline over 1 year	-12.77%	-11.25%	-1.52%
Max Drawdown (3Y) Largest decline over 3 years	-19.16%	-13.15%	-6.01%
Max Drawdown (5Y) Largest decline over 5 years	-36.13%	-29.99%	-6.14%
Max Drawdown (10Y) Largest decline over 10 years	-36.13%	—	—
Current Drawdown Current decline from peak	-1.06%	-0.90%	-0.16%
Average Drawdown Average peak-to-trough decline	-9.65%	-7.22%	-2.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	2.85%	+0.49%

Volatility

FJPIX vs. FTIHX - Volatility Comparison

Fidelity Advisor Japan Fund Class I (FJPIX) and Fidelity Total International Index Fund (FTIHX) have volatilities of 5.07% and 4.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FJPIX	FTIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	4.86%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	16.36%	12.05%	+4.31%
Volatility (1Y) Calculated over the trailing 1-year period	21.17%	14.31%	+6.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.96%	15.28%	+4.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.27%	16.05%	+2.22%

FJPIX vs. FTIHX - Expense Ratio Comparison

FJPIX has a 1.04% expense ratio, which is higher than FTIHX's 0.06% expense ratio.

Dividends

FJPIX vs. FTIHX - Dividend Comparison

FJPIX's dividend yield for the trailing twelve months is around 7.81%, more than FTIHX's 2.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FJPIX Fidelity Advisor Japan Fund Class I	7.81%	9.77%	4.27%	3.69%	0.00%	10.54%	1.91%	1.27%	0.32%	0.23%	1.20%	0.60%
FTIHX Fidelity Total International Index Fund	2.43%	2.78%	2.88%	2.78%	2.51%	2.55%	1.62%	2.61%	2.21%	0.45%	0.47%	0.00%

Frequently Asked Questions

Can I hold both FJPIX and FTIHX in my portfolio?

FJPIX and FTIHX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FJPIX or FTIHX?

FJPIX has higher volatility (5.07%) compared to FTIHX (4.86%). In terms of maximum drawdown, FJPIX dropped -36.13% vs FTIHX's -35.75%.

Which has better risk-adjusted returns?

FTIHX currently has the higher Sharpe Ratio (2.26 vs 2.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.