FPJAX vs. FSPSX
Compare and contrast key facts about Fidelity Advisor Japan Fund Class A (FPJAX) and Fidelity International Index Fund (FSPSX).
FPJAX is managed by Fidelity. It was launched on Dec 14, 2010. FSPSX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI ex USA IMI Index. It was launched on Nov 5, 1997.
Performance
FPJAX vs. FSPSX - Performance Comparison
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FPJAX vs. FSPSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPJAX Fidelity Advisor Japan Fund Class A | 2.55% | 31.28% | 7.02% | 15.59% | -22.48% | 2.86% | 25.03% | 25.36% | -15.10% | 29.20% |
FSPSX Fidelity International Index Fund | -1.94% | 31.98% | 3.70% | 18.31% | -14.23% | 11.45% | 8.16% | 22.03% | -13.55% | 25.37% |
Returns By Period
In the year-to-date period, FPJAX achieves a 2.55% return, which is significantly higher than FSPSX's -1.94% return. Over the past 10 years, FPJAX has outperformed FSPSX with an annualized return of 9.58%, while FSPSX has yielded a comparatively lower 8.65% annualized return.
FPJAX
- 1D
- 0.00%
- 1M
- -12.75%
- YTD
- 2.55%
- 6M
- 5.80%
- 1Y
- 32.36%
- 3Y*
- 15.77%
- 5Y*
- 5.76%
- 10Y*
- 9.58%
FSPSX
- 1D
- 0.42%
- 1M
- -10.86%
- YTD
- -1.94%
- 6M
- 2.58%
- 1Y
- 19.89%
- 3Y*
- 13.50%
- 5Y*
- 7.96%
- 10Y*
- 8.65%
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FPJAX vs. FSPSX - Expense Ratio Comparison
FPJAX has a 1.38% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Return for Risk
FPJAX vs. FSPSX — Risk / Return Rank
FPJAX
FSPSX
FPJAX vs. FSPSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Japan Fund Class A (FPJAX) and Fidelity International Index Fund (FSPSX). 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.
| FPJAX | FSPSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 1.11 | +0.24 |
Sortino ratioReturn per unit of downside risk | 1.86 | 1.56 | +0.31 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.23 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.04 | 1.54 | +0.49 |
Martin ratioReturn relative to average drawdown | 8.02 | 5.93 | +2.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FPJAX | FSPSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 1.11 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.51 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.53 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.46 | -0.09 |
Correlation
The correlation between FPJAX and FSPSX is 0.76, 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
FPJAX vs. FSPSX - Dividend Comparison
FPJAX's dividend yield for the trailing twelve months is around 9.49%, more than FSPSX's 3.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPJAX Fidelity Advisor Japan Fund Class A | 9.49% | 9.73% | 4.54% | 3.47% | 0.00% | 11.39% | 1.60% | 0.98% | 0.00% | 0.23% | 0.79% | 0.47% |
FSPSX Fidelity International Index Fund | 3.22% | 3.15% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% |
Drawdowns
FPJAX vs. FSPSX - Drawdown Comparison
The maximum FPJAX drawdown since its inception was -36.39%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FPJAX and FSPSX.
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Drawdown Indicators
| FPJAX | FSPSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.39% | -33.69% | -2.70% |
Max Drawdown (1Y)Largest decline over 1 year | -12.75% | -11.39% | -1.36% |
Max Drawdown (5Y)Largest decline over 5 years | -36.39% | -29.41% | -6.98% |
Max Drawdown (10Y)Largest decline over 10 years | -36.39% | -33.69% | -2.70% |
Current DrawdownCurrent decline from peak | -12.75% | -10.86% | -1.89% |
Average DrawdownAverage peak-to-trough decline | -9.99% | -6.59% | -3.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.53% | 2.96% | +0.57% |
Volatility
FPJAX vs. FSPSX - Volatility Comparison
Fidelity Advisor Japan Fund Class A (FPJAX) has a higher volatility of 9.77% compared to Fidelity International Index Fund (FSPSX) at 7.04%. This indicates that FPJAX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FPJAX | FSPSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.77% | 7.04% | +2.73% |
Volatility (6M)Calculated over the trailing 6-month period | 16.16% | 10.63% | +5.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.83% | 16.79% | +6.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.62% | 15.77% | +3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.16% | 16.47% | +1.69% |