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.
FJPNX vs. FNORX
Compare and contrast key facts about Fidelity Japan Fund (FJPNX) and Fidelity Nordic Fund (FNORX).
FJPNX is managed by Fidelity. It was launched on Sep 15, 1992. FNORX is managed by Fidelity. It was launched on Nov 1, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJPNX or FNORX.
Performance
FJPNX vs. FNORX - Performance Comparison
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Key characteristics
FJPNX:
0.87
FNORX:
0.07
FJPNX:
1.19
FNORX:
0.13
FJPNX:
1.16
FNORX:
1.02
FJPNX:
0.86
FNORX:
-0.00
FJPNX:
2.96
FNORX:
-0.00
FJPNX:
6.08%
FNORX:
8.95%
FJPNX:
22.88%
FNORX:
18.48%
FJPNX:
-61.98%
FNORX:
-69.37%
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
12.86%
6.89%
9.27%
19.76%
10.00%
8.18%
6.88%
FNORX
17.18%
4.81%
10.00%
1.32%
10.77%
12.69%
8.46%
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FJPNX vs. FNORX - Expense Ratio Comparison
FJPNX has a 1.09% expense ratio, which is higher than FNORX's 0.92% expense ratio.
Risk-Adjusted Performance
FJPNX vs. FNORX — Risk-Adjusted Performance Rank
FJPNX
FNORX
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.
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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.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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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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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