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FJSCX vs. MJFOX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FJSCX vs. MJFOX - Performance Comparison

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

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FJSCX vs. MJFOX - 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%
MJFOX
Matthews Japan Fund
-1.91%22.72%16.31%25.79%-27.84%-5.79%29.80%26.08%-20.12%33.22%

Returns By Period

In the year-to-date period, FJSCX achieves a 2.44% return, which is significantly higher than MJFOX's -1.91% return. Both investments have delivered pretty close results over the past 10 years, with FJSCX having a 7.96% annualized return and MJFOX not far behind at 7.88%.


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%

MJFOX

1D
-0.08%
1M
-14.22%
YTD
-1.91%
6M
1.35%
1Y
19.54%
3Y*
17.66%
5Y*
4.82%
10Y*
7.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FJSCX vs. MJFOX - Expense Ratio Comparison

FJSCX has a 0.91% expense ratio, which is lower than MJFOX's 1.05% expense ratio.


Return for Risk

FJSCX vs. MJFOX — 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

MJFOX
MJFOX Risk / Return Rank: 4141
Overall Rank
MJFOX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
MJFOX Sortino Ratio Rank: 4343
Sortino Ratio Rank
MJFOX Omega Ratio Rank: 3636
Omega Ratio Rank
MJFOX Calmar Ratio Rank: 4646
Calmar Ratio Rank
MJFOX Martin Ratio Rank: 3939
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. MJFOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Smaller Companies Fund (FJSCX) and Matthews Japan Fund (MJFOX). 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.


FJSCXMJFOXDifference

Sharpe ratio

Return per unit of total volatility

1.32

0.84

+0.48

Sortino ratio

Return per unit of downside risk

1.81

1.30

+0.50

Omega ratio

Gain probability vs. loss probability

1.24

1.17

+0.07

Calmar ratio

Return relative to maximum drawdown

1.80

1.16

+0.65

Martin ratio

Return relative to average drawdown

6.91

4.14

+2.77

FJSCX vs. MJFOX - Sharpe Ratio Comparison

The current FJSCX Sharpe Ratio is 1.32, which is higher than the MJFOX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of FJSCX and MJFOX, 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


FJSCXMJFOXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

0.84

+0.48

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

0.24

+0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.42

+0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.29

0.33

-0.05

Correlation

The correlation between FJSCX and MJFOX is 0.81, 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

FJSCX vs. MJFOX - Dividend Comparison

FJSCX's dividend yield for the trailing twelve months is around 17.20%, more than MJFOX's 2.00% 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%
MJFOX
Matthews Japan Fund
2.00%1.96%2.12%6.09%7.19%8.08%10.15%8.63%4.14%3.90%1.15%0.00%

Drawdowns

FJSCX vs. MJFOX - Drawdown Comparison

The maximum FJSCX drawdown since its inception was -71.42%, which is greater than MJFOX's maximum drawdown of -63.52%. Use the drawdown chart below to compare losses from any high point for FJSCX and MJFOX.


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Drawdown Indicators


FJSCXMJFOXDifference

Max Drawdown

Largest peak-to-trough decline

-71.42%

-63.52%

-7.90%

Max Drawdown (1Y)

Largest decline over 1 year

-12.79%

-14.53%

+1.74%

Max Drawdown (5Y)

Largest decline over 5 years

-29.74%

-42.85%

+13.11%

Max Drawdown (10Y)

Largest decline over 10 years

-32.10%

-42.85%

+10.75%

Current Drawdown

Current decline from peak

-12.79%

-14.53%

+1.74%

Average Drawdown

Average peak-to-trough decline

-26.78%

-21.37%

-5.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.34%

4.06%

-0.72%

Volatility

FJSCX vs. MJFOX - Volatility Comparison

The current volatility for Fidelity Japan Smaller Companies Fund (FJSCX) is 8.06%, while Matthews Japan Fund (MJFOX) has a volatility of 9.26%. This indicates that FJSCX experiences smaller price fluctuations and is considered to be less risky than MJFOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FJSCXMJFOXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.06%

9.26%

-1.20%

Volatility (6M)

Calculated over the trailing 6-month period

13.93%

16.33%

-2.40%

Volatility (1Y)

Calculated over the trailing 1-year period

18.78%

22.97%

-4.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.97%

20.16%

-3.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.81%

18.73%

-2.92%