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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.


-0.50.00.51.00.5

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.

200.00%400.00%600.00%800.00%1,000.00%1,200.00%1,400.00%JulyAugustSeptemberOctoberNovemberDecember
283.08%
1,097.26%
FJPNX
FNORX

Key characteristics

Sharpe Ratio

FJPNX:

0.28

FNORX:

-0.34

Sortino Ratio

FJPNX:

0.50

FNORX:

-0.37

Omega Ratio

FJPNX:

1.07

FNORX:

0.96

Calmar Ratio

FJPNX:

0.27

FNORX:

-0.28

Martin Ratio

FJPNX:

1.30

FNORX:

-0.95

Ulcer Index

FJPNX:

4.36%

FNORX:

5.72%

Daily Std Dev

FJPNX:

20.33%

FNORX:

15.78%

Max Drawdown

FJPNX:

-61.98%

FNORX:

-68.29%

Current Drawdown

FJPNX:

-15.41%

FNORX:

-19.48%

Returns By Period

In the year-to-date period, FJPNX achieves a 1.93% return, which is significantly higher than FNORX's -7.37% return. Over the past 10 years, FJPNX has underperformed FNORX with an annualized return of 6.12%, while FNORX has yielded a comparatively higher 7.32% annualized return.


FJPNX

YTD

1.93%

1M

-5.59%

6M

-0.73%

1Y

6.78%

5Y*

3.56%

10Y*

6.12%

FNORX

YTD

-7.37%

1M

-7.20%

6M

-17.33%

1Y

-5.14%

5Y*

7.85%

10Y*

7.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FJPNX vs. FNORX - Expense Ratio Comparison

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


FJPNX
Fidelity Japan Fund
Expense ratio chart for FJPNX: current value at 1.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.09%
Expense ratio chart for FNORX: current value at 0.92% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.92%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for FJPNX, currently valued at 0.28, compared to the broader market-1.000.001.002.003.004.000.28-0.34
The chart of Sortino ratio for FJPNX, currently valued at 0.50, compared to the broader market-2.000.002.004.006.008.0010.000.50-0.37
The chart of Omega ratio for FJPNX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.003.501.070.96
The chart of Calmar ratio for FJPNX, currently valued at 0.27, compared to the broader market0.002.004.006.008.0010.0012.0014.000.27-0.28
The chart of Martin ratio for FJPNX, currently valued at 1.30, compared to the broader market0.0020.0040.0060.001.30-0.95
FJPNX
FNORX

The current FJPNX Sharpe Ratio is 0.28, which is higher than the FNORX Sharpe Ratio of -0.34. 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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.28
-0.34
FJPNX
FNORX

Dividends

FJPNX vs. FNORX - Dividend Comparison

FJPNX has not paid dividends to shareholders, while FNORX's dividend yield for the trailing twelve months is around 0.04%.


TTM20232022202120202019201820172016201520142013
FJPNX
Fidelity Japan Fund
0.00%0.84%0.00%3.23%0.53%0.64%0.38%0.69%0.93%1.22%0.80%1.82%
FNORX
Fidelity Nordic Fund
0.04%0.05%0.00%4.68%1.45%3.35%0.12%0.95%1.45%1.32%0.00%7.72%

Drawdowns

FJPNX vs. FNORX - Drawdown Comparison

The maximum FJPNX drawdown since its inception was -61.98%, smaller than the maximum FNORX drawdown of -68.29%. Use the drawdown chart below to compare losses from any high point for FJPNX and FNORX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-15.41%
-19.48%
FJPNX
FNORX

Volatility

FJPNX vs. FNORX - Volatility Comparison

Fidelity Japan Fund (FJPNX) has a higher volatility of 8.04% compared to Fidelity Nordic Fund (FNORX) at 6.84%. This indicates that FJPNX's price experiences larger fluctuations and is considered to be riskier than FNORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
8.04%
6.84%
FJPNX
FNORX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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