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FJSCX vs. PRJPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FJSCX vs. PRJPX - Performance Comparison

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

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FJSCX vs. PRJPX - 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%
PRJPX
T. Rowe Price Japan Fund
-2.51%32.21%6.13%2.02%-27.37%-11.03%34.60%27.56%-12.24%32.06%

Returns By Period

In the year-to-date period, FJSCX achieves a 2.44% return, which is significantly higher than PRJPX's -2.51% return. Over the past 10 years, FJSCX has outperformed PRJPX with an annualized return of 7.96%, while PRJPX has yielded a comparatively lower 7.14% 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%

PRJPX

1D
-0.15%
1M
-14.17%
YTD
-2.51%
6M
1.32%
1Y
21.16%
3Y*
10.18%
5Y*
-1.24%
10Y*
7.14%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FJSCX vs. PRJPX - Expense Ratio Comparison

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


Return for Risk

FJSCX vs. PRJPX — 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

PRJPX
PRJPX Risk / Return Rank: 4848
Overall Rank
PRJPX Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
PRJPX Sortino Ratio Rank: 5151
Sortino Ratio Rank
PRJPX Omega Ratio Rank: 4545
Omega Ratio Rank
PRJPX Calmar Ratio Rank: 4949
Calmar Ratio Rank
PRJPX Martin Ratio Rank: 4444
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. PRJPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Smaller Companies Fund (FJSCX) and T. Rowe Price Japan Fund (PRJPX). 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.


FJSCXPRJPXDifference

Sharpe ratio

Return per unit of total volatility

1.32

0.98

+0.34

Sortino ratio

Return per unit of downside risk

1.81

1.43

+0.38

Omega ratio

Gain probability vs. loss probability

1.24

1.20

+0.05

Calmar ratio

Return relative to maximum drawdown

1.80

1.22

+0.58

Martin ratio

Return relative to average drawdown

6.91

4.49

+2.42

FJSCX vs. PRJPX - Sharpe Ratio Comparison

The current FJSCX Sharpe Ratio is 1.32, which is higher than the PRJPX Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of FJSCX and PRJPX, 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


FJSCXPRJPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

0.98

+0.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

-0.07

+0.46

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.41

+0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.29

0.16

+0.13

Correlation

The correlation between FJSCX and PRJPX is 0.80, 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. PRJPX - Dividend Comparison

FJSCX's dividend yield for the trailing twelve months is around 17.20%, more than PRJPX's 15.03% 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%
PRJPX
T. Rowe Price Japan Fund
15.03%14.65%4.82%1.71%6.94%5.42%2.59%2.62%7.56%0.33%0.70%1.05%

Drawdowns

FJSCX vs. PRJPX - Drawdown Comparison

The maximum FJSCX drawdown since its inception was -71.42%, roughly equal to the maximum PRJPX drawdown of -68.26%. Use the drawdown chart below to compare losses from any high point for FJSCX and PRJPX.


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Drawdown Indicators


FJSCXPRJPXDifference

Max Drawdown

Largest peak-to-trough decline

-71.42%

-68.26%

-3.16%

Max Drawdown (1Y)

Largest decline over 1 year

-12.79%

-15.11%

+2.32%

Max Drawdown (5Y)

Largest decline over 5 years

-29.74%

-44.42%

+14.68%

Max Drawdown (10Y)

Largest decline over 10 years

-32.10%

-45.44%

+13.34%

Current Drawdown

Current decline from peak

-12.79%

-15.05%

+2.26%

Average Drawdown

Average peak-to-trough decline

-26.78%

-26.85%

+0.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.34%

4.10%

-0.76%

Volatility

FJSCX vs. PRJPX - Volatility Comparison

Fidelity Japan Smaller Companies Fund (FJSCX) and T. Rowe Price Japan Fund (PRJPX) have volatilities of 8.06% and 8.47%, 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


FJSCXPRJPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.06%

8.47%

-0.41%

Volatility (6M)

Calculated over the trailing 6-month period

13.93%

13.97%

-0.04%

Volatility (1Y)

Calculated over the trailing 1-year period

18.78%

20.46%

-1.68%

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%

17.52%

-1.71%