FJPS.L vs. DXJP.L

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc (FJPS.L) and WisdomTree Japan Equity UCITS ETF GBP Hedged (DXJP.L).

FJPS.L and DXJP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FJPS.L is a passively managed fund by FIL Investment Management (Luxembourg) S.A., Irela that tracks the performance of the TOPIX TR JPY. It was launched on Dec 1, 2020. DXJP.L is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Equity Index (GBP Hedged). It was launched on Mar 9, 2017. Both FJPS.L and DXJP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FJPS.L vs. DXJP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc (FJPS.L) and WisdomTree Japan Equity UCITS ETF GBP Hedged (DXJP.L). The values are adjusted to include any dividend payments, if applicable.

FJPS.L vs. DXJP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FJPS.L Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc	7.15%	14.84%	8.88%	12.32%	-5.11%	2.90%	1.92%
DXJP.L WisdomTree Japan Equity UCITS ETF GBP Hedged	13.65%	33.41%	28.49%	40.34%	4.78%	16.94%	2.74%

Different Trading Currencies

FJPS.L is traded in GBP, while DXJP.L is traded in GBp. To make them comparable, the DXJP.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, FJPS.L achieves a 7.15% return, which is significantly lower than DXJP.L's 13.65% return.

FJPS.L

• 1D: 4.26%
• 1M: -2.44%
• YTD: 7.15%
• 6M: 11.63%
• 1Y: 26.57%
• 3Y*: 13.02%
• 5Y*: 7.96%
• 10Y*: —

DXJP.L

• 1D: 4.74%
• 1M: -2.03%
• YTD: 13.65%
• 6M: 28.75%
• 1Y: 52.69%
• 3Y*: 35.38%
• 5Y*: 24.33%
• 10Y*: 16.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FJPS.L vs. DXJP.L - Expense Ratio Comparison

FJPS.L has a 0.30% expense ratio, which is lower than DXJP.L's 0.45% expense ratio.

DXJP.L

WisdomTree Japan Equity UCITS ETF GBP Hedged

FJPS.L

Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc

Return for Risk

FJPS.L vs. DXJP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FJPS.L

FJPS.L Risk / Return Rank: 74
FJPS.L Sharpe Ratio Rank: 72
FJPS.L Sortino Ratio Rank: 72
FJPS.L Omega Ratio Rank: 67
FJPS.L Calmar Ratio Rank: 82
FJPS.L Martin Ratio Rank: 78

DXJP.L

DXJP.L Risk / Return Rank: 95
DXJP.L Sharpe Ratio Rank: 94
DXJP.L Sortino Ratio Rank: 94
DXJP.L Omega Ratio Rank: 94
DXJP.L Calmar Ratio Rank: 97
DXJP.L Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FJPS.L vs. DXJP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc (FJPS.L) and WisdomTree Japan Equity UCITS ETF GBP Hedged (DXJP.L). 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.

	FJPS.L	DXJP.L	Difference
Sharpe ratio Return per unit of total volatility	1.35	2.35	-1.00
Sortino ratio Return per unit of downside risk	1.91	2.99	-1.08
Omega ratio Gain probability vs. loss probability	1.26	1.45	-0.19
Calmar ratio Return relative to maximum drawdown	2.64	5.22	-2.58
Martin ratio Return relative to average drawdown	9.42	19.23	-9.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FJPS.L vs. DXJP.L - Sharpe Ratio Comparison

The current FJPS.L Sharpe Ratio is 1.35, which is lower than the DXJP.L Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of FJPS.L and DXJP.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FJPS.L	DXJP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	2.35	-1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	1.29	-0.79
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.67	-0.17

Correlation

The correlation between FJPS.L and DXJP.L is 0.75, 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.

Dividends

FJPS.L vs. DXJP.L - Dividend Comparison

FJPS.L has not paid dividends to shareholders, while DXJP.L's dividend yield for the trailing twelve months is around 1.49%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FJPS.L Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DXJP.L WisdomTree Japan Equity UCITS ETF GBP Hedged	1.49%	1.58%	1.61%	1.92%	2.49%	1.62%	1.97%	2.26%	2.41%	1.34%	0.62%

Drawdowns

FJPS.L vs. DXJP.L - Drawdown Comparison

The maximum FJPS.L drawdown since its inception was -17.38%, smaller than the maximum DXJP.L drawdown of -41.75%. Use the drawdown chart below to compare losses from any high point for FJPS.L and DXJP.L.

Drawdown Indicators

	FJPS.L	DXJP.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.38%	-41.75%	+24.37%
Max Drawdown (1Y) Largest decline over 1 year	-10.50%	-13.91%	+3.41%
Max Drawdown (5Y) Largest decline over 5 years	-17.38%	-22.88%	+5.50%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.75%	—
Current Drawdown Current decline from peak	-5.17%	-4.46%	-0.71%
Average Drawdown Average peak-to-trough decline	-5.24%	-8.53%	+3.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	2.73%	+0.21%

Volatility

FJPS.L vs. DXJP.L - Volatility Comparison

Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc (FJPS.L) and WisdomTree Japan Equity UCITS ETF GBP Hedged (DXJP.L) have volatilities of 8.79% and 8.58%, 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.

Volatility by Period

	FJPS.L	DXJP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.79%	8.58%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	14.72%	15.23%	-0.51%
Volatility (1Y) Calculated over the trailing 1-year period	19.62%	22.34%	-2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	18.92%	-2.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.77%	19.63%	-3.86%