FJSCX vs. FBCG

Last updated Jun 24, 2026

FJSCX (Fidelity Japan Smaller Companies Fund) and FBCG (Fidelity Blue Chip Growth ETF) are both funds - FJSCX is a Japan Equities fund managed by Fidelity, while FBCG is a Large Cap Growth Equities fund actively managed by Fidelity. Over the past 5 years, FJSCX returned 11.36%/yr vs 13.39%/yr for FBCG. A 0.51 correlation means they provide meaningful diversification when combined. FJSCX charges 0.91%/yr vs 0.59%/yr for FBCG.

Performance

FJSCX vs. FBCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Japan Smaller Companies Fund (FJSCX) and Fidelity Blue Chip Growth ETF (FBCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FJSCX achieves a 28.43% return, which is significantly higher than FBCG's 10.08% return.

FJSCX

• 1D: 1.89%
• 1M: 7.86%
• YTD: 28.43%
• 6M: 27.36%
• 1Y: 41.74%
• 3Y*: 22.78%
• 5Y*: 11.36%
• 10Y*: 10.14%

FBCG

• 1D: -2.80%
• 1M: -1.48%
• YTD: 10.08%
• 6M: 9.15%
• 1Y: 31.50%
• 3Y*: 27.58%
• 5Y*: 13.39%
• 10Y*: —

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

FJSCX vs. FBCG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FJSCX Fidelity Japan Smaller Companies Fund	28.43%	26.43%	8.03%	15.15%	-14.49%	-0.36%	13.64%
FBCG Fidelity Blue Chip Growth ETF	10.08%	18.60%	39.05%	57.98%	-39.10%	21.34%	41.44%

Correlation

The correlation between FJSCX and FBCG is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.51

The correlation between FJSCX and FBCG has been stable across timeframes, ranging from 0.47 to 0.53 - a consistent structural relationship.

Return for Risk

FJSCX vs. FBCG — Risk / Return Rank

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

FJSCX

FJSCX Risk / Return Rank: 67
FJSCX Sharpe Ratio Rank: 69
FJSCX Sortino Ratio Rank: 63
FJSCX Omega Ratio Rank: 60
FJSCX Calmar Ratio Rank: 77
FJSCX Martin Ratio Rank: 64

FBCG

FBCG Risk / Return Rank: 46
FBCG Sharpe Ratio Rank: 47
FBCG Sortino Ratio Rank: 45
FBCG Omega Ratio Rank: 45
FBCG Calmar Ratio Rank: 43
FBCG Martin Ratio Rank: 48

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. FBCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Smaller Companies Fund (FJSCX) and Fidelity Blue Chip Growth ETF (FBCG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FJSCX	FBCG	Difference
Sharpe ratio: Return per unit of total volatility	2.22	1.59	+0.63
Sortino ratio: Return per unit of downside risk	3.03	2.17	+0.86
Omega ratio: Gain probability vs. loss probability	1.39	1.28	+0.11
Calmar ratio: Return relative to maximum drawdown	3.34	2.09	+1.25
Martin ratio: Return relative to average drawdown	11.77	7.85	+3.92

FJSCX vs. FBCG - Sharpe Ratio Comparison

The current FJSCX Sharpe Ratio is 2.22, which is higher than the FBCG Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of FJSCX and FBCG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FJSCX vs. FBCG - Drawdown Comparison

The maximum FJSCX drawdown since its inception was -71.42%, which is greater than FBCG's maximum drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for FJSCX and FBCG.

Drawdown Indicators

	FJSCX	FBCG	Difference
Max Drawdown Largest peak-to-trough decline	-71.42%	-43.56%	-27.86%
Max Drawdown (1Y) Largest decline over 1 year	-12.79%	-15.17%	+2.38%
Max Drawdown (3Y) Largest decline over 3 years	-15.08%	-27.89%	+12.81%
Max Drawdown (5Y) Largest decline over 5 years	-29.74%	-43.56%	+13.82%
Max Drawdown (10Y) Largest decline over 10 years	-32.10%	—	—
Current Drawdown Current decline from peak	0.00%	-5.76%	+5.76%
Average Drawdown Average peak-to-trough decline	-26.60%	-11.42%	-15.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	4.02%	-0.40%

Volatility

FJSCX vs. FBCG - Volatility Comparison

The current volatility for Fidelity Japan Smaller Companies Fund (FJSCX) is 7.07%, while Fidelity Blue Chip Growth ETF (FBCG) has a volatility of 8.27%. This indicates that FJSCX experiences smaller price fluctuations and is considered to be less risky than FBCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FJSCX	FBCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.07%	8.27%	-1.20%
Volatility (6M) Calculated over the trailing 6-month period	15.59%	15.50%	+0.09%
Volatility (1Y) Calculated over the trailing 1-year period	19.25%	19.84%	-0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	26.00%	-8.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.11%	25.80%	-9.69%

FJSCX vs. FBCG - Expense Ratio Comparison

FJSCX has a 0.91% expense ratio, which is higher than FBCG's 0.59% expense ratio.

Dividends

FJSCX vs. FBCG - Dividend Comparison

FJSCX's dividend yield for the trailing twelve months is around 13.72%, more than FBCG's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBCG Fidelity Blue Chip Growth ETF	0.04%	0.05%	0.12%	0.02%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%
FJSCX Fidelity Japan Smaller Companies Fund	13.72%	17.62%	4.54%	2.82%	0.05%	12.01%	1.59%	7.13%	5.55%	3.91%	2.83%	1.43%

Frequently Asked Questions

Can I hold both FJSCX and FBCG in my portfolio?

FJSCX and FBCG have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FJSCX or FBCG?

FBCG has higher volatility (8.27%) compared to FJSCX (7.07%). In terms of maximum drawdown, FJSCX dropped -71.42% vs FBCG's -43.56%.

Which has better risk-adjusted returns?

FJSCX currently has the higher Sharpe Ratio (2.22 vs 1.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.