FJSCX vs. SPY
Compare and contrast key facts about Fidelity Japan Smaller Companies Fund (FJSCX) and SPDR S&P 500 ETF (SPY).
FJSCX is managed by Fidelity. It was launched on Nov 1, 1995. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJSCX or SPY.
Key characteristics
| FJSCX | SPY | |
|---|---|---|
| YTD Return | 10.09% | 27.04% |
| 1Y Return | 21.36% | 39.75% |
| 3Y Return (Ann) | 1.72% | 10.21% |
| 5Y Return (Ann) | 3.30% | 15.93% |
| 10Y Return (Ann) | 6.90% | 13.36% |
| Sharpe Ratio | 1.25 | 3.15 |
| Sortino Ratio | 1.74 | 4.19 |
| Omega Ratio | 1.24 | 1.59 |
| Calmar Ratio | 1.21 | 4.60 |
| Martin Ratio | 6.41 | 20.85 |
| Ulcer Index | 3.47% | 1.85% |
| Daily Std Dev | 17.83% | 12.29% |
| Max Drawdown | -66.21% | -55.19% |
| Current Drawdown | -5.79% | 0.00% |
Correlation
The correlation between FJSCX and SPY is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FJSCX vs. SPY - Performance Comparison
In the year-to-date period, FJSCX achieves a 10.09% return, which is significantly lower than SPY's 27.04% return. Over the past 10 years, FJSCX has underperformed SPY with an annualized return of 6.90%, while SPY has yielded a comparatively higher 13.36% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FJSCX vs. SPY - Expense Ratio Comparison
FJSCX has a 0.91% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FJSCX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Japan Smaller Companies Fund (FJSCX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
FJSCX vs. SPY - Dividend Comparison
FJSCX's dividend yield for the trailing twelve months is around 1.97%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FJSCX Fidelity Japan Smaller Companies Fund | 1.97% | 2.16% | 0.05% | 3.26% | 1.05% | 1.31% | 0.74% | 0.85% | 1.15% | 2.09% | 2.06% | 2.57% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FJSCX vs. SPY - Drawdown Comparison
The maximum FJSCX drawdown since its inception was -66.21%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FJSCX and SPY. For additional features, visit the drawdowns tool.
Volatility
FJSCX vs. SPY - Volatility Comparison
Fidelity Japan Smaller Companies Fund (FJSCX) has a higher volatility of 4.58% compared to SPDR S&P 500 ETF (SPY) at 3.95%. This indicates that FJSCX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.