FJPNX vs. KWEB
Compare and contrast key facts about Fidelity Japan Fund (FJPNX) and KraneShares CSI China Internet ETF (KWEB).
FJPNX is managed by Fidelity. It was launched on Sep 15, 1992. KWEB is a passively managed fund by CICC that tracks the performance of the CSI Overseas China Internet. It was launched on Jul 31, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJPNX or KWEB.
Key characteristics
| FJPNX | KWEB | |
|---|---|---|
| YTD Return | 13.38% | 20.63% |
| 1Y Return | 28.07% | 26.89% |
| 3Y Return (Ann) | -0.06% | -12.48% |
| 5Y Return (Ann) | 7.09% | -3.71% |
| 10Y Return (Ann) | 7.51% | 0.71% |
| Sharpe Ratio | 1.41 | 0.65 |
| Sortino Ratio | 1.94 | 1.23 |
| Omega Ratio | 1.26 | 1.15 |
| Calmar Ratio | 0.95 | 0.33 |
| Martin Ratio | 8.84 | 2.14 |
| Ulcer Index | 3.06% | 11.60% |
| Daily Std Dev | 19.12% | 37.84% |
| Max Drawdown | -61.98% | -80.92% |
| Current Drawdown | -5.91% | -65.67% |
Correlation
The correlation between FJPNX and KWEB is 0.44, 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. KWEB - Performance Comparison
In the year-to-date period, FJPNX achieves a 13.38% return, which is significantly lower than KWEB's 20.63% return. Over the past 10 years, FJPNX has outperformed KWEB with an annualized return of 7.51%, while KWEB has yielded a comparatively lower 0.71% 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. KWEB - Expense Ratio Comparison
FJPNX has a 1.09% expense ratio, which is higher than KWEB's 0.76% expense ratio.
Risk-Adjusted Performance
FJPNX vs. KWEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Fund (FJPNX) and KraneShares CSI China Internet ETF (KWEB). 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. KWEB - Dividend Comparison
FJPNX's dividend yield for the trailing twelve months is around 3.27%, more than KWEB's 1.42% 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% |
KWEB KraneShares CSI China Internet ETF | 1.42% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% | 0.89% | 0.31% |
Drawdowns
FJPNX vs. KWEB - Drawdown Comparison
The maximum FJPNX drawdown since its inception was -61.98%, smaller than the maximum KWEB drawdown of -80.92%. Use the drawdown chart below to compare losses from any high point for FJPNX and KWEB. For additional features, visit the drawdowns tool.
Volatility
FJPNX vs. KWEB - Volatility Comparison
The current volatility for Fidelity Japan Fund (FJPNX) is 6.72%, while KraneShares CSI China Internet ETF (KWEB) has a volatility of 23.32%. This indicates that FJPNX experiences smaller price fluctuations and is considered to be less risky than KWEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.