FPBFX vs. MATFX
Compare and contrast key facts about Fidelity Pacific Basin Fund (FPBFX) and Matthews Asia Innovators Fund (MATFX).
FPBFX is managed by Fidelity. It was launched on Oct 1, 1986. MATFX is managed by Matthews. It was launched on Dec 26, 1999.
Performance
FPBFX vs. MATFX - Performance Comparison
Loading graphics...
FPBFX vs. MATFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPBFX Fidelity Pacific Basin Fund | 0.75% | 37.15% | 9.26% | 14.07% | -23.71% | 2.28% | 32.92% | 32.21% | -18.08% | 40.06% |
MATFX Matthews Asia Innovators Fund | 6.71% | 30.22% | 16.47% | -1.77% | -24.66% | -5.90% | 86.75% | 29.60% | -18.59% | 52.78% |
Returns By Period
In the year-to-date period, FPBFX achieves a 0.75% return, which is significantly lower than MATFX's 6.71% return. Over the past 10 years, FPBFX has underperformed MATFX with an annualized return of 10.92%, while MATFX has yielded a comparatively higher 11.50% annualized return.
FPBFX
- 1D
- -0.86%
- 1M
- -11.66%
- YTD
- 0.75%
- 6M
- 1.76%
- 1Y
- 34.14%
- 3Y*
- 16.13%
- 5Y*
- 5.76%
- 10Y*
- 10.92%
MATFX
- 1D
- -1.05%
- 1M
- -9.74%
- YTD
- 6.71%
- 6M
- 3.63%
- 1Y
- 36.32%
- 3Y*
- 15.76%
- 5Y*
- 2.57%
- 10Y*
- 11.50%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FPBFX vs. MATFX - Expense Ratio Comparison
FPBFX has a 1.04% expense ratio, which is lower than MATFX's 1.18% expense ratio.
Return for Risk
FPBFX vs. MATFX — Risk / Return Rank
FPBFX
MATFX
FPBFX vs. MATFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Pacific Basin Fund (FPBFX) and Matthews Asia Innovators Fund (MATFX). 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.
| FPBFX | MATFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.54 | 1.72 | -0.18 |
Sortino ratioReturn per unit of downside risk | 2.04 | 2.28 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.32 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.21 | 1.92 | +0.28 |
Martin ratioReturn relative to average drawdown | 8.61 | 6.58 | +2.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FPBFX | MATFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 1.72 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.11 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.52 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.25 | +0.16 |
Correlation
The correlation between FPBFX and MATFX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FPBFX vs. MATFX - Dividend Comparison
FPBFX's dividend yield for the trailing twelve months is around 8.13%, while MATFX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPBFX Fidelity Pacific Basin Fund | 8.13% | 8.19% | 5.99% | 5.36% | 8.76% | 14.97% | 4.45% | 0.75% | 10.88% | 4.36% | 2.38% | 3.61% |
MATFX Matthews Asia Innovators Fund | 0.00% | 0.00% | 0.00% | 0.00% | 26.54% | 31.07% | 1.67% | 0.29% | 2.63% | 8.44% | 0.00% | 15.24% |
Drawdowns
FPBFX vs. MATFX - Drawdown Comparison
The maximum FPBFX drawdown since its inception was -69.06%, smaller than the maximum MATFX drawdown of -76.88%. Use the drawdown chart below to compare losses from any high point for FPBFX and MATFX.
Loading graphics...
Drawdown Indicators
| FPBFX | MATFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.06% | -76.88% | +7.82% |
Max Drawdown (1Y)Largest decline over 1 year | -13.21% | -13.52% | +0.31% |
Max Drawdown (5Y)Largest decline over 5 years | -37.97% | -45.33% | +7.36% |
Max Drawdown (10Y)Largest decline over 10 years | -39.85% | -52.42% | +12.57% |
Current DrawdownCurrent decline from peak | -12.25% | -10.64% | -1.61% |
Average DrawdownAverage peak-to-trough decline | -17.65% | -28.35% | +10.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.50% | 4.75% | -1.25% |
Volatility
FPBFX vs. MATFX - Volatility Comparison
Fidelity Pacific Basin Fund (FPBFX) and Matthews Asia Innovators Fund (MATFX) have volatilities of 9.35% and 9.83%, 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.
Loading graphics...
Volatility by Period
| FPBFX | MATFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.35% | 9.83% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 15.63% | 15.52% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.31% | 21.52% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.72% | 23.97% | -5.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.46% | 22.22% | -4.76% |