FNORX vs. FPBFX
Compare and contrast key facts about Fidelity Nordic Fund (FNORX) and Fidelity Pacific Basin Fund (FPBFX).
FNORX is managed by Fidelity. It was launched on Nov 1, 1995. FPBFX is managed by Fidelity. It was launched on Oct 1, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNORX or FPBFX.
Correlation
The correlation between FNORX and FPBFX is 0.56, 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.
Performance
FNORX vs. FPBFX - Performance Comparison
Key characteristics
FNORX:
-0.30
FPBFX:
0.67
FNORX:
-0.32
FPBFX:
1.06
FNORX:
0.96
FPBFX:
1.13
FNORX:
-0.21
FPBFX:
0.28
FNORX:
-0.64
FPBFX:
2.43
FNORX:
7.16%
FPBFX:
4.65%
FNORX:
15.17%
FPBFX:
16.97%
FNORX:
-68.29%
FPBFX:
-68.30%
FNORX:
-19.65%
FPBFX:
-31.84%
Returns By Period
In the year-to-date period, FNORX achieves a 1.07% return, which is significantly higher than FPBFX's -0.75% return. Over the past 10 years, FNORX has outperformed FPBFX with an annualized return of 4.92%, while FPBFX has yielded a comparatively lower 3.27% annualized return.
FNORX
1.07%
-5.06%
-15.40%
-2.55%
5.50%
4.92%
FPBFX
-0.75%
-2.69%
-0.93%
13.14%
-1.20%
3.27%
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FNORX vs. FPBFX - Expense Ratio Comparison
FNORX has a 0.92% expense ratio, which is lower than FPBFX's 1.04% expense ratio.
Risk-Adjusted Performance
FNORX vs. FPBFX — Risk-Adjusted Performance Rank
FNORX
FPBFX
FNORX vs. FPBFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Nordic Fund (FNORX) and Fidelity Pacific Basin Fund (FPBFX). 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. FPBFX - Dividend Comparison
FNORX's dividend yield for the trailing twelve months is around 4.12%, less than FPBFX's 6.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNORX Fidelity Nordic Fund | 4.12% | 4.16% | 0.05% | 0.00% | 4.68% | 1.45% | 3.35% | 0.12% | 0.95% | 1.45% | 1.32% | 0.00% |
FPBFX Fidelity Pacific Basin Fund | 6.03% | 5.99% | 0.84% | 0.00% | 3.04% | 0.22% | 0.75% | 0.74% | 0.65% | 0.65% | 6.36% | 7.55% |
Drawdowns
FNORX vs. FPBFX - Drawdown Comparison
The maximum FNORX drawdown since its inception was -68.29%, roughly equal to the maximum FPBFX drawdown of -68.30%. Use the drawdown chart below to compare losses from any high point for FNORX and FPBFX. For additional features, visit the drawdowns tool.
Volatility
FNORX vs. FPBFX - Volatility Comparison
Fidelity Nordic Fund (FNORX) has a higher volatility of 5.49% compared to Fidelity Pacific Basin Fund (FPBFX) at 3.98%. This indicates that FNORX's price experiences larger fluctuations and is considered to be riskier than FPBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.