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FJPNX vs. FNORX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FJPNX and FNORX is 0.47, 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.


Performance

FJPNX vs. FNORX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FJPNX:

0.87

FNORX:

0.07

Sortino Ratio

FJPNX:

1.19

FNORX:

0.13

Omega Ratio

FJPNX:

1.16

FNORX:

1.02

Calmar Ratio

FJPNX:

0.86

FNORX:

-0.00

Martin Ratio

FJPNX:

2.96

FNORX:

-0.00

Ulcer Index

FJPNX:

6.08%

FNORX:

8.95%

Daily Std Dev

FJPNX:

22.88%

FNORX:

18.48%

Max Drawdown

FJPNX:

-61.98%

FNORX:

-69.37%

Current Drawdown

FJPNX:

-0.64%

FNORX:

-2.75%

Returns By Period

In the year-to-date period, FJPNX achieves a 12.86% return, which is significantly lower than FNORX's 17.18% return. Over the past 10 years, FJPNX has underperformed FNORX with an annualized return of 6.88%, while FNORX has yielded a comparatively higher 8.46% annualized return.


FJPNX

YTD

12.86%

1M

6.89%

6M

9.27%

1Y

19.76%

3Y*

10.00%

5Y*

8.18%

10Y*

6.88%

FNORX

YTD

17.18%

1M

4.81%

6M

10.00%

1Y

1.32%

3Y*

10.77%

5Y*

12.69%

10Y*

8.46%

*Annualized

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Fidelity Japan Fund

Fidelity Nordic Fund

FJPNX vs. FNORX - Expense Ratio Comparison

FJPNX has a 1.09% expense ratio, which is higher than FNORX's 0.92% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FJPNX vs. FNORX — 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 6666
Overall Rank
The Sharpe Ratio Rank of FJPNX is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of FJPNX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of FJPNX is 6565
Omega Ratio Rank
The Calmar Ratio Rank of FJPNX is 7373
Calmar Ratio Rank
The Martin Ratio Rank of FJPNX is 6565
Martin Ratio Rank

FNORX
The Risk-Adjusted Performance Rank of FNORX is 1111
Overall Rank
The Sharpe Ratio Rank of FNORX is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of FNORX is 1111
Sortino Ratio Rank
The Omega Ratio Rank of FNORX is 1111
Omega Ratio Rank
The Calmar Ratio Rank of FNORX is 1111
Calmar Ratio Rank
The Martin Ratio Rank of FNORX is 1111
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. FNORX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Fund (FJPNX) and Fidelity Nordic Fund (FNORX). 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 0.87, which is higher than the FNORX Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of FJPNX and FNORX, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FJPNX vs. FNORX - Dividend Comparison

FJPNX's dividend yield for the trailing twelve months is around 4.30%, less than FNORX's 5.24% yield.


TTM20242023202220212020201920182017201620152014
FJPNX
Fidelity Japan Fund
4.30%4.85%3.71%0.00%11.58%1.79%1.18%0.38%0.92%1.22%0.64%0.80%
FNORX
Fidelity Nordic Fund
5.24%6.14%0.05%0.00%14.85%3.29%4.59%10.78%4.07%1.71%1.43%0.00%

Drawdowns

FJPNX vs. FNORX - Drawdown Comparison

The maximum FJPNX drawdown since its inception was -61.98%, smaller than the maximum FNORX drawdown of -69.37%. Use the drawdown chart below to compare losses from any high point for FJPNX and FNORX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FJPNX vs. FNORX - Volatility Comparison

Fidelity Japan Fund (FJPNX) and Fidelity Nordic Fund (FNORX) have volatilities of 4.20% and 4.14%, 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.


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