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FJPNX vs. FJSCX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FJPNX vs. FJSCX - Performance Comparison

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

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FJPNX vs. FJSCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FJPNX
Fidelity Japan Fund
6.17%31.66%7.37%15.86%-22.23%3.11%25.42%25.74%-14.84%29.26%
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, FJPNX achieves a 6.17% return, which is significantly higher than FJSCX's 5.60% return. Over the past 10 years, FJPNX has outperformed FJSCX with an annualized return of 10.25%, while FJSCX has yielded a comparatively lower 8.29% annualized return.


FJPNX

1D
3.50%
1M
-8.58%
YTD
6.17%
6M
10.71%
1Y
38.02%
3Y*
17.41%
5Y*
6.51%
10Y*
10.25%

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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FJPNX vs. FJSCX - Expense Ratio Comparison

FJPNX has a 1.09% expense ratio, which is higher than FJSCX's 0.91% expense ratio.


Return for Risk

FJPNX vs. FJSCX — Risk / Return Rank

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

FJPNX
FJPNX Risk / Return Rank: 8585
Overall Rank
FJPNX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
FJPNX Sortino Ratio Rank: 8282
Sortino Ratio Rank
FJPNX Omega Ratio Rank: 7777
Omega Ratio Rank
FJPNX Calmar Ratio Rank: 9292
Calmar Ratio Rank
FJPNX Martin Ratio Rank: 9090
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.

FJPNX vs. FJSCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Fund (FJPNX) 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.


FJPNXFJSCXDifference

Sharpe ratio

Return per unit of total volatility

1.63

1.58

+0.05

Sortino ratio

Return per unit of downside risk

2.18

2.12

+0.06

Omega ratio

Gain probability vs. loss probability

1.30

1.29

+0.02

Calmar ratio

Return relative to maximum drawdown

2.78

2.23

+0.54

Martin ratio

Return relative to average drawdown

10.30

8.55

+1.75

FJPNX vs. FJSCX - Sharpe Ratio Comparison

The current FJPNX Sharpe Ratio is 1.63, which is comparable to the FJSCX Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of FJPNX 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


FJPNXFJSCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.63

1.58

+0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.33

0.43

-0.10

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

0.24

0.29

-0.05

Correlation

The correlation between FJPNX and FJSCX is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

FJPNX vs. FJSCX - Dividend Comparison

FJPNX's dividend yield for the trailing twelve months is around 9.38%, less than FJSCX's 16.68% yield.


TTM20252024202320222021202020192018201720162015
FJPNX
Fidelity Japan Fund
9.38%9.95%4.85%3.71%0.00%11.58%1.79%1.18%0.38%0.23%1.22%0.64%
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

FJPNX vs. FJSCX - Drawdown Comparison

The maximum FJPNX drawdown since its inception was -64.83%, smaller than the maximum FJSCX drawdown of -71.42%. Use the drawdown chart below to compare losses from any high point for FJPNX and FJSCX.


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Drawdown Indicators


FJPNXFJSCXDifference

Max Drawdown

Largest peak-to-trough decline

-64.83%

-71.42%

+6.59%

Max Drawdown (1Y)

Largest decline over 1 year

-12.74%

-12.79%

+0.05%

Max Drawdown (5Y)

Largest decline over 5 years

-36.23%

-29.74%

-6.49%

Max Drawdown (10Y)

Largest decline over 10 years

-36.23%

-32.10%

-4.13%

Current Drawdown

Current decline from peak

-9.68%

-10.10%

+0.42%

Average Drawdown

Average peak-to-trough decline

-25.01%

-26.78%

+1.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.47%

3.34%

+0.13%

Volatility

FJPNX vs. FJSCX - Volatility Comparison

Fidelity Japan Fund (FJPNX) has a higher volatility of 10.59% compared to Fidelity Japan Smaller Companies Fund (FJSCX) at 8.83%. This indicates that FJPNX'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


FJPNXFJSCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.59%

8.83%

+1.76%

Volatility (6M)

Calculated over the trailing 6-month period

16.57%

14.24%

+2.33%

Volatility (1Y)

Calculated over the trailing 1-year period

23.06%

18.98%

+4.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.70%

17.02%

+2.68%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.18%

15.83%

+2.35%