Correlation
The correlation between FJPNX and JPXN is 0.57, 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. 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.
Performance
FJPNX vs. JPXN - Performance Comparison
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Key characteristics
FJPNX:
0.86
JPXN:
0.63
FJPNX:
1.21
JPXN:
0.87
FJPNX:
1.17
JPXN:
1.11
FJPNX:
0.88
JPXN:
0.78
FJPNX:
3.05
JPXN:
2.15
FJPNX:
6.09%
JPXN:
5.10%
FJPNX:
22.96%
JPXN:
20.47%
FJPNX:
-61.98%
JPXN:
-54.98%
FJPNX:
-1.23%
JPXN:
-1.30%
Returns By Period
In the year-to-date period, FJPNX achieves a 12.19% return, which is significantly higher than JPXN's 11.18% return. Over the past 10 years, FJPNX has outperformed JPXN with an annualized return of 6.78%, while JPXN has yielded a comparatively lower 5.26% annualized return.
FJPNX
12.19%
6.02%
11.31%
19.64%
9.61%
8.06%
6.78%
JPXN
11.18%
2.61%
10.65%
12.66%
10.74%
7.79%
5.26%
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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 Rank
FJPNX
JPXN
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.
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Dividends
FJPNX vs. JPXN - Dividend Comparison
FJPNX's dividend yield for the trailing twelve months is around 4.32%, more than JPXN's 2.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FJPNX Fidelity Japan Fund | 4.32% | 4.85% | 3.71% | 0.00% | 11.58% | 1.79% | 1.18% | 0.38% | 0.92% | 1.22% | 0.64% | 0.80% |
JPXN iShares JPX-Nikkei 400 ETF | 2.06% | 2.29% | 2.57% | 1.47% | 2.63% | 1.27% | 1.92% | 1.60% | 1.50% | 2.07% | 1.32% | 1.42% |
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 -54.98%. Use the drawdown chart below to compare losses from any high point for FJPNX and JPXN.
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Volatility
FJPNX vs. JPXN - Volatility Comparison
Fidelity Japan Fund (FJPNX) and iShares JPX-Nikkei 400 ETF (JPXN) have volatilities of 4.23% and 4.29%, 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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