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FJSCX vs. DXJ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FJSCX vs. DXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Japan Smaller Companies Fund (FJSCX) and WisdomTree Japan Hedged Equity Fund (DXJ). The values are adjusted to include any dividend payments, if applicable.

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FJSCX vs. DXJ - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FJSCX
Fidelity Japan Smaller Companies Fund
2.44%26.43%8.03%15.15%-14.49%-0.36%4.80%22.00%-15.98%34.56%
DXJ
WisdomTree Japan Hedged Equity Fund
10.00%32.78%29.83%42.04%5.96%17.99%3.94%18.94%-19.78%22.81%

Returns By Period

In the year-to-date period, FJSCX achieves a 2.44% return, which is significantly lower than DXJ's 10.00% return. Over the past 10 years, FJSCX has underperformed DXJ with an annualized return of 7.96%, while DXJ has yielded a comparatively higher 17.25% annualized return.


FJSCX

1D
-0.75%
1M
-12.79%
YTD
2.44%
6M
3.83%
1Y
25.97%
3Y*
15.13%
5Y*
6.63%
10Y*
7.96%

DXJ

1D
2.59%
1M
-6.49%
YTD
10.00%
6M
24.19%
1Y
46.21%
3Y*
34.37%
5Y*
24.33%
10Y*
17.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FJSCX vs. DXJ - Expense Ratio Comparison

FJSCX has a 0.91% expense ratio, which is higher than DXJ's 0.48% expense ratio.


Return for Risk

FJSCX vs. DXJ — Risk / Return Rank

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

FJSCX
FJSCX Risk / Return Rank: 7373
Overall Rank
FJSCX Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
FJSCX Sortino Ratio Rank: 7373
Sortino Ratio Rank
FJSCX Omega Ratio Rank: 6565
Omega Ratio Rank
FJSCX Calmar Ratio Rank: 7777
Calmar Ratio Rank
FJSCX Martin Ratio Rank: 7373
Martin Ratio Rank

DXJ
DXJ Risk / Return Rank: 9393
Overall Rank
DXJ Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
DXJ Sortino Ratio Rank: 9292
Sortino Ratio Rank
DXJ Omega Ratio Rank: 9393
Omega Ratio Rank
DXJ Calmar Ratio Rank: 9393
Calmar Ratio Rank
DXJ Martin Ratio Rank: 9494
Martin Ratio Rank
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.

FJSCX vs. DXJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Smaller Companies Fund (FJSCX) and WisdomTree Japan Hedged Equity Fund (DXJ). 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.


FJSCXDXJDifference

Sharpe ratio

Return per unit of total volatility

1.32

2.04

-0.72

Sortino ratio

Return per unit of downside risk

1.81

2.67

-0.87

Omega ratio

Gain probability vs. loss probability

1.24

1.41

-0.17

Calmar ratio

Return relative to maximum drawdown

1.80

3.46

-1.65

Martin ratio

Return relative to average drawdown

6.91

13.69

-6.78

FJSCX vs. DXJ - Sharpe Ratio Comparison

The current FJSCX Sharpe Ratio is 1.32, which is lower than the DXJ Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of FJSCX and DXJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FJSCXDXJDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

2.04

-0.72

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

1.29

-0.90

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.84

-0.34

Sharpe Ratio (All Time)

Calculated using the full available price history

0.29

0.41

-0.12

Correlation

The correlation between FJSCX and DXJ is 0.63, 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.


Dividends

FJSCX vs. DXJ - Dividend Comparison

FJSCX's dividend yield for the trailing twelve months is around 17.20%, more than DXJ's 1.18% yield.


TTM20252024202320222021202020192018201720162015
FJSCX
Fidelity Japan Smaller Companies Fund
17.20%17.62%4.54%2.82%0.05%12.01%1.59%7.13%5.55%3.91%2.83%1.43%
DXJ
WisdomTree Japan Hedged Equity Fund
1.18%1.29%3.48%3.44%3.02%2.64%2.53%2.47%2.92%2.30%1.98%5.95%

Drawdowns

FJSCX vs. DXJ - Drawdown Comparison

The maximum FJSCX drawdown since its inception was -71.42%, which is greater than DXJ's maximum drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for FJSCX and DXJ.


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Drawdown Indicators


FJSCXDXJDifference

Max Drawdown

Largest peak-to-trough decline

-71.42%

-49.63%

-21.79%

Max Drawdown (1Y)

Largest decline over 1 year

-12.79%

-12.65%

-0.14%

Max Drawdown (5Y)

Largest decline over 5 years

-29.74%

-22.19%

-7.55%

Max Drawdown (10Y)

Largest decline over 10 years

-32.10%

-39.14%

+7.04%

Current Drawdown

Current decline from peak

-12.79%

-6.79%

-6.00%

Average Drawdown

Average peak-to-trough decline

-26.78%

-14.44%

-12.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.34%

3.31%

+0.03%

Volatility

FJSCX vs. DXJ - Volatility Comparison

Fidelity Japan Smaller Companies Fund (FJSCX) and WisdomTree Japan Hedged Equity Fund (DXJ) have volatilities of 8.06% and 7.80%, 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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Volatility by Period


FJSCXDXJDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.06%

7.80%

+0.26%

Volatility (6M)

Calculated over the trailing 6-month period

13.93%

13.70%

+0.23%

Volatility (1Y)

Calculated over the trailing 1-year period

18.78%

22.77%

-3.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.97%

18.91%

-1.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.81%

20.50%

-4.69%