FJPNX vs. ^N225
Compare and contrast key facts about Fidelity Japan Fund (FJPNX) and Nikkei 225 (^N225).
FJPNX is managed by Fidelity. It was launched on Sep 15, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJPNX or ^N225.
Correlation
The correlation between FJPNX and ^N225 is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FJPNX vs. ^N225 - Performance Comparison
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Key characteristics
FJPNX:
0.56
^N225:
0.02
FJPNX:
0.91
^N225:
0.26
FJPNX:
1.12
^N225:
1.04
FJPNX:
0.43
^N225:
0.04
FJPNX:
1.86
^N225:
0.11
FJPNX:
7.05%
^N225:
9.86%
FJPNX:
23.21%
^N225:
29.98%
FJPNX:
-61.98%
^N225:
-81.87%
FJPNX:
-15.22%
^N225:
-9.14%
Returns By Period
In the year-to-date period, FJPNX achieves a 8.49% return, which is significantly higher than ^N225's -3.84% return. Over the past 10 years, FJPNX has underperformed ^N225 with an annualized return of 4.77%, while ^N225 has yielded a comparatively higher 7.04% annualized return.
FJPNX
8.49%
12.30%
2.00%
12.94%
5.34%
4.77%
^N225
-3.84%
14.23%
-2.96%
0.35%
14.06%
7.04%
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Risk-Adjusted Performance
FJPNX vs. ^N225 — Risk-Adjusted Performance Rank
FJPNX
^N225
FJPNX vs. ^N225 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Fund (FJPNX) and Nikkei 225 (^N225). 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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Drawdowns
FJPNX vs. ^N225 - Drawdown Comparison
The maximum FJPNX drawdown since its inception was -61.98%, smaller than the maximum ^N225 drawdown of -81.87%. Use the drawdown chart below to compare losses from any high point for FJPNX and ^N225. For additional features, visit the drawdowns tool.
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Volatility
FJPNX vs. ^N225 - Volatility Comparison
The current volatility for Fidelity Japan Fund (FJPNX) is 4.29%, while Nikkei 225 (^N225) has a volatility of 9.84%. This indicates that FJPNX experiences smaller price fluctuations and is considered to be less risky than ^N225 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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