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FPBFX vs. FNORX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FPBFX and FNORX is 0.51, 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

FPBFX vs. FNORX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Pacific Basin Fund (FPBFX) and Fidelity Nordic Fund (FNORX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FPBFX:

0.77

FNORX:

-0.16

Sortino Ratio

FPBFX:

1.29

FNORX:

0.02

Omega Ratio

FPBFX:

1.17

FNORX:

1.00

Calmar Ratio

FPBFX:

0.46

FNORX:

-0.07

Martin Ratio

FPBFX:

2.78

FNORX:

-0.15

Ulcer Index

FPBFX:

6.31%

FNORX:

9.76%

Daily Std Dev

FPBFX:

21.00%

FNORX:

18.57%

Max Drawdown

FPBFX:

-68.30%

FNORX:

-68.29%

Current Drawdown

FPBFX:

-24.69%

FNORX:

-9.27%

Returns By Period

In the year-to-date period, FPBFX achieves a 9.65% return, which is significantly lower than FNORX's 14.13% return. Over the past 10 years, FPBFX has underperformed FNORX with an annualized return of 3.27%, while FNORX has yielded a comparatively higher 4.86% annualized return.


FPBFX

YTD

9.65%

1M

11.85%

6M

7.43%

1Y

16.08%

5Y*

3.28%

10Y*

3.27%

FNORX

YTD

14.13%

1M

7.38%

6M

7.15%

1Y

-2.89%

5Y*

11.50%

10Y*

4.86%

*Annualized

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FPBFX vs. FNORX - Expense Ratio Comparison

FPBFX has a 1.04% expense ratio, which is higher than FNORX's 0.92% expense ratio.


Risk-Adjusted Performance

FPBFX vs. FNORX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FPBFX
The Risk-Adjusted Performance Rank of FPBFX is 7070
Overall Rank
The Sharpe Ratio Rank of FPBFX is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of FPBFX is 7676
Sortino Ratio Rank
The Omega Ratio Rank of FPBFX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FPBFX is 5757
Calmar Ratio Rank
The Martin Ratio Rank of FPBFX is 7070
Martin Ratio Rank

FNORX
The Risk-Adjusted Performance Rank of FNORX is 1313
Overall Rank
The Sharpe Ratio Rank of FNORX is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of FNORX is 1414
Sortino Ratio Rank
The Omega Ratio Rank of FNORX is 1414
Omega Ratio Rank
The Calmar Ratio Rank of FNORX is 1313
Calmar Ratio Rank
The Martin Ratio Rank of FNORX is 1414
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FPBFX vs. FNORX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Pacific Basin Fund (FPBFX) and Fidelity Nordic Fund (FNORX). 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.


The current FPBFX Sharpe Ratio is 0.77, which is higher than the FNORX Sharpe Ratio of -0.16. The chart below compares the historical Sharpe Ratios of FPBFX and FNORX, 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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Dividends

FPBFX vs. FNORX - Dividend Comparison

FPBFX's dividend yield for the trailing twelve months is around 5.46%, more than FNORX's 3.65% yield.


TTM20242023202220212020201920182017201620152014
FPBFX
Fidelity Pacific Basin Fund
5.46%5.99%5.36%8.76%14.97%4.45%0.75%10.88%4.36%2.38%6.36%7.55%
FNORX
Fidelity Nordic Fund
3.65%4.16%0.05%0.00%4.68%1.45%3.35%0.12%0.95%1.45%1.32%0.00%

Drawdowns

FPBFX vs. FNORX - Drawdown Comparison

The maximum FPBFX drawdown since its inception was -68.30%, roughly equal to the maximum FNORX drawdown of -68.29%. Use the drawdown chart below to compare losses from any high point for FPBFX and FNORX. For additional features, visit the drawdowns tool.


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Volatility

FPBFX vs. FNORX - Volatility Comparison

Fidelity Pacific Basin Fund (FPBFX) has a higher volatility of 4.36% compared to Fidelity Nordic Fund (FNORX) at 3.56%. This indicates that FPBFX's price experiences larger fluctuations and is considered to be riskier than FNORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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