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.
Performance
FNORX vs. FPBFX - Performance Comparison
Returns By Period
In the year-to-date period, FNORX achieves a -0.72% return, which is significantly lower than FPBFX's 9.97% return. Over the past 10 years, FNORX has outperformed FPBFX with an annualized return of 7.84%, while FPBFX has yielded a comparatively lower 3.44% annualized return.
FNORX
-0.72%
-7.55%
-10.14%
8.72%
10.10%
7.84%
FPBFX
9.97%
-6.55%
4.46%
10.90%
0.47%
3.44%
Key characteristics
FNORX | FPBFX | |
---|---|---|
Sharpe Ratio | 0.58 | 0.58 |
Sortino Ratio | 0.93 | 0.92 |
Omega Ratio | 1.10 | 1.11 |
Calmar Ratio | 0.59 | 0.25 |
Martin Ratio | 2.09 | 2.95 |
Ulcer Index | 4.07% | 3.41% |
Daily Std Dev | 14.81% | 17.44% |
Max Drawdown | -68.29% | -68.30% |
Current Drawdown | -13.70% | -30.88% |
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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.
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.
Risk-Adjusted Performance
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 0.05%, less than FPBFX's 0.76% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Fidelity Pacific Basin Fund | 0.76% | 0.84% | 0.00% | 3.04% | 0.22% | 0.75% | 0.74% | 0.65% | 0.65% | 6.36% | 7.55% | 15.42% |
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) and Fidelity Pacific Basin Fund (FPBFX) have volatilities of 4.51% and 4.46%, 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.