FJPNX vs. JPXN
Compare and contrast key facts about Fidelity Japan Fund (FJPNX) and iShares JPX-Nikkei 400 ETF (JPXN).
FJPNX is managed by Fidelity. It was launched on Sep 15, 1992. JPXN is a passively managed fund by iShares that tracks the performance of the JPX-Nikkei Index 400. It was launched on Oct 26, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJPNX or JPXN.
Key characteristics
| FJPNX | JPXN | |
|---|---|---|
| YTD Return | 13.38% | 11.11% |
| 1Y Return | 28.07% | 24.05% |
| 3Y Return (Ann) | -0.06% | 2.80% |
| 5Y Return (Ann) | 7.09% | 6.10% |
| 10Y Return (Ann) | 7.51% | 6.56% |
| Sharpe Ratio | 1.41 | 1.35 |
| Sortino Ratio | 1.94 | 1.86 |
| Omega Ratio | 1.26 | 1.24 |
| Calmar Ratio | 0.95 | 1.14 |
| Martin Ratio | 8.84 | 7.52 |
| Ulcer Index | 3.06% | 3.08% |
| Daily Std Dev | 19.12% | 17.15% |
| Max Drawdown | -61.98% | -54.97% |
| Current Drawdown | -5.91% | -3.74% |
Correlation
The correlation between FJPNX and JPXN is 0.86, 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.
Performance
FJPNX vs. JPXN - Performance Comparison
In the year-to-date period, FJPNX achieves a 13.38% return, which is significantly higher than JPXN's 11.11% return. Over the past 10 years, FJPNX has outperformed JPXN with an annualized return of 7.51%, while JPXN has yielded a comparatively lower 6.56% 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. JPXN - Expense Ratio Comparison
FJPNX has a 1.09% expense ratio, which is higher than JPXN's 0.48% expense ratio.
Risk-Adjusted Performance
FJPNX vs. JPXN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Fund (FJPNX) and iShares JPX-Nikkei 400 ETF (JPXN). 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. JPXN - Dividend Comparison
FJPNX's dividend yield for the trailing twelve months is around 3.27%, more than JPXN's 2.51% 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% |
JPXN iShares JPX-Nikkei 400 ETF | 2.51% | 2.57% | 1.47% | 2.63% | 1.27% | 1.92% | 1.60% | 1.50% | 2.07% | 1.32% | 1.42% | 1.18% |
Drawdowns
FJPNX vs. JPXN - Drawdown Comparison
The maximum FJPNX drawdown since its inception was -61.98%, which is greater than JPXN's maximum drawdown of -54.97%. Use the drawdown chart below to compare losses from any high point for FJPNX and JPXN. For additional features, visit the drawdowns tool.
Volatility
FJPNX vs. JPXN - Volatility Comparison
Fidelity Japan Fund (FJPNX) has a higher volatility of 6.72% compared to iShares JPX-Nikkei 400 ETF (JPXN) at 4.89%. This indicates that FJPNX's price experiences larger fluctuations and is considered to be riskier than JPXN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.