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FJPNX vs. ^N225
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between FJPNX and ^N225 is 0.04, 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.


Performance

FJPNX vs. ^N225 - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Japan Fund (FJPNX) and Nikkei 225 (^N225). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FJPNX:

0.46

^N225:

-0.12

Sortino Ratio

FJPNX:

0.91

^N225:

0.12

Omega Ratio

FJPNX:

1.12

^N225:

1.02

Calmar Ratio

FJPNX:

0.43

^N225:

-0.07

Martin Ratio

FJPNX:

1.85

^N225:

-0.18

Ulcer Index

FJPNX:

7.06%

^N225:

9.93%

Daily Std Dev

FJPNX:

23.16%

^N225:

29.99%

Max Drawdown

FJPNX:

-61.98%

^N225:

-81.87%

Current Drawdown

FJPNX:

-15.31%

^N225:

-11.07%

Returns By Period

In the year-to-date period, FJPNX achieves a 8.37% return, which is significantly higher than ^N225's -5.88% return. Over the past 10 years, FJPNX has underperformed ^N225 with an annualized return of 4.66%, while ^N225 has yielded a comparatively higher 6.71% annualized return.


FJPNX

YTD

8.37%

1M

9.63%

6M

5.35%

1Y

10.63%

5Y*

5.59%

10Y*

4.66%

^N225

YTD

-5.88%

1M

9.58%

6M

-2.56%

1Y

-2.18%

5Y*

13.82%

10Y*

6.71%

*Annualized

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Risk-Adjusted Performance

FJPNX vs. ^N225 — Risk-Adjusted Performance Rank

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

FJPNX
The Risk-Adjusted Performance Rank of FJPNX is 5353
Overall Rank
The Sharpe Ratio Rank of FJPNX is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of FJPNX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of FJPNX is 5454
Omega Ratio Rank
The Calmar Ratio Rank of FJPNX is 5555
Calmar Ratio Rank
The Martin Ratio Rank of FJPNX is 5353
Martin Ratio Rank

^N225
The Risk-Adjusted Performance Rank of ^N225 is 2020
Overall Rank
The Sharpe Ratio Rank of ^N225 is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of ^N225 is 2222
Sortino Ratio Rank
The Omega Ratio Rank of ^N225 is 2323
Omega Ratio Rank
The Calmar Ratio Rank of ^N225 is 1818
Calmar Ratio Rank
The Martin Ratio Rank of ^N225 is 2020
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FJPNX vs. ^N225 - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Fund (FJPNX) and Nikkei 225 (^N225). 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.


The current FJPNX Sharpe Ratio is 0.46, which is higher than the ^N225 Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of FJPNX and ^N225, 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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Drawdowns

FJPNX vs. ^N225 - Drawdown Comparison

The maximum FJPNX drawdown since its inception was -61.98%, smaller than the maximum ^N225 drawdown of -81.87%. Use the drawdown chart below to compare losses from any high point for FJPNX and ^N225. For additional features, visit the drawdowns tool.


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Volatility

FJPNX vs. ^N225 - Volatility Comparison

The current volatility for Fidelity Japan Fund (FJPNX) is 3.98%, while Nikkei 225 (^N225) has a volatility of 4.44%. This indicates that FJPNX experiences smaller price fluctuations and is considered to be less risky than ^N225 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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