FJPNX vs. IEMG
Compare and contrast key facts about Fidelity Japan Fund (FJPNX) and iShares Core MSCI Emerging Markets ETF (IEMG).
FJPNX is managed by Fidelity. It was launched on Sep 15, 1992. IEMG is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJPNX or IEMG.
Key characteristics
| FJPNX | IEMG | |
|---|---|---|
| YTD Return | 13.38% | 14.42% |
| 1Y Return | 28.07% | 26.45% |
| 3Y Return (Ann) | -0.06% | -0.98% |
| 5Y Return (Ann) | 7.09% | 5.48% |
| 10Y Return (Ann) | 7.51% | 4.18% |
| Sharpe Ratio | 1.41 | 1.71 |
| Sortino Ratio | 1.94 | 2.43 |
| Omega Ratio | 1.26 | 1.30 |
| Calmar Ratio | 0.95 | 0.87 |
| Martin Ratio | 8.84 | 9.91 |
| Ulcer Index | 3.06% | 2.61% |
| Daily Std Dev | 19.12% | 15.13% |
| Max Drawdown | -61.98% | -38.72% |
| Current Drawdown | -5.91% | -9.38% |
Correlation
The correlation between FJPNX and IEMG is 0.61, 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. IEMG - Performance Comparison
In the year-to-date period, FJPNX achieves a 13.38% return, which is significantly lower than IEMG's 14.42% return. Over the past 10 years, FJPNX has outperformed IEMG with an annualized return of 7.51%, while IEMG has yielded a comparatively lower 4.18% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FJPNX vs. IEMG - Expense Ratio Comparison
FJPNX has a 1.09% expense ratio, which is higher than IEMG's 0.14% expense ratio.
Risk-Adjusted Performance
FJPNX vs. IEMG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Fund (FJPNX) and iShares Core MSCI Emerging Markets ETF (IEMG). 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.
Dividends
FJPNX vs. IEMG - Dividend Comparison
FJPNX's dividend yield for the trailing twelve months is around 3.27%, more than IEMG's 2.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FJPNX Fidelity Japan Fund | 3.27% | 3.71% | 0.00% | 11.58% | 1.79% | 1.18% | 0.38% | 0.92% | 1.22% | 1.22% | 0.80% | 1.82% |
IEMG iShares Core MSCI Emerging Markets ETF | 2.59% | 2.89% | 2.71% | 3.06% | 1.87% | 3.14% | 2.74% | 2.33% | 2.26% | 2.51% | 2.29% | 1.75% |
Drawdowns
FJPNX vs. IEMG - Drawdown Comparison
The maximum FJPNX drawdown since its inception was -61.98%, which is greater than IEMG's maximum drawdown of -38.72%. Use the drawdown chart below to compare losses from any high point for FJPNX and IEMG. For additional features, visit the drawdowns tool.
Volatility
FJPNX vs. IEMG - Volatility Comparison
Fidelity Japan Fund (FJPNX) and iShares Core MSCI Emerging Markets ETF (IEMG) have volatilities of 6.72% and 6.69%, 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.