FNORX vs. FJPNX
Compare and contrast key facts about Fidelity Nordic Fund (FNORX) and Fidelity Japan Fund (FJPNX).
FNORX is managed by Fidelity. It was launched on Nov 1, 1995. FJPNX is managed by Fidelity. It was launched on Sep 15, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNORX or FJPNX.
Performance
FNORX vs. FJPNX - Performance Comparison
Returns By Period
In the year-to-date period, FNORX achieves a -0.72% return, which is significantly lower than FJPNX's 7.22% return. Over the past 10 years, FNORX has outperformed FJPNX with an annualized return of 7.84%, while FJPNX has yielded a comparatively lower 6.37% annualized return.
FNORX
-0.72%
-7.55%
-10.14%
8.72%
10.10%
7.84%
FJPNX
7.22%
-5.85%
4.61%
15.11%
4.94%
6.37%
Key characteristics
| FNORX | FJPNX | |
|---|---|---|
| Sharpe Ratio | 0.58 | 0.82 |
| Sortino Ratio | 0.93 | 1.20 |
| Omega Ratio | 1.10 | 1.16 |
| Calmar Ratio | 0.59 | 0.69 |
| Martin Ratio | 2.09 | 4.29 |
| Ulcer Index | 4.07% | 3.63% |
| Daily Std Dev | 14.81% | 19.06% |
| Max Drawdown | -68.29% | -61.98% |
| Current Drawdown | -13.70% | -11.02% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FNORX vs. FJPNX - Expense Ratio Comparison
FNORX has a 0.92% expense ratio, which is lower than FJPNX's 1.09% expense ratio.
Correlation
The correlation between FNORX and FJPNX is 0.47, 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.
Risk-Adjusted Performance
FNORX vs. FJPNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Nordic Fund (FNORX) and Fidelity Japan Fund (FJPNX). 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
FNORX vs. FJPNX - Dividend Comparison
FNORX's dividend yield for the trailing twelve months is around 0.05%, less than FJPNX's 0.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNORX Fidelity Nordic Fund | 0.05% | 0.05% | 0.00% | 4.68% | 1.45% | 3.35% | 0.12% | 0.95% | 1.45% | 1.32% | 0.00% | 7.72% |
FJPNX Fidelity Japan Fund | 0.78% | 0.84% | 0.00% | 3.23% | 0.53% | 0.64% | 0.38% | 0.69% | 0.93% | 1.22% | 0.80% | 1.82% |
Drawdowns
FNORX vs. FJPNX - Drawdown Comparison
The maximum FNORX drawdown since its inception was -68.29%, which is greater than FJPNX's maximum drawdown of -61.98%. Use the drawdown chart below to compare losses from any high point for FNORX and FJPNX. For additional features, visit the drawdowns tool.
Volatility
FNORX vs. FJPNX - Volatility Comparison
The current volatility for Fidelity Nordic Fund (FNORX) is 4.51%, while Fidelity Japan Fund (FJPNX) has a volatility of 4.90%. This indicates that FNORX experiences smaller price fluctuations and is considered to be less risky than FJPNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.