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FSJPX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSJPX and FXAIX is 0.64, 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

FSJPX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity SAI Japan Stock Index Fund (FSJPX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSJPX:

0.58

FXAIX:

0.72

Sortino Ratio

FSJPX:

0.84

FXAIX:

1.07

Omega Ratio

FSJPX:

1.11

FXAIX:

1.16

Calmar Ratio

FSJPX:

0.72

FXAIX:

0.72

Martin Ratio

FSJPX:

2.16

FXAIX:

2.74

Ulcer Index

FSJPX:

5.13%

FXAIX:

4.85%

Daily Std Dev

FSJPX:

21.51%

FXAIX:

19.80%

Max Drawdown

FSJPX:

-32.91%

FXAIX:

-33.79%

Current Drawdown

FSJPX:

-1.09%

FXAIX:

-3.14%

Returns By Period

In the year-to-date period, FSJPX achieves a 10.47% return, which is significantly higher than FXAIX's 1.34% return.


FSJPX

YTD

10.47%

1M

3.03%

6M

10.85%

1Y

12.31%

3Y*

10.69%

5Y*

N/A

10Y*

N/A

FXAIX

YTD

1.34%

1M

6.46%

6M

-0.50%

1Y

14.09%

3Y*

14.27%

5Y*

16.00%

10Y*

12.67%

*Annualized

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Fidelity 500 Index Fund

FSJPX vs. FXAIX - Expense Ratio Comparison

FSJPX has a 0.11% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FSJPX vs. FXAIX — Risk-Adjusted Performance Rank

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

FSJPX
The Risk-Adjusted Performance Rank of FSJPX is 4646
Overall Rank
The Sharpe Ratio Rank of FSJPX is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of FSJPX is 4040
Sortino Ratio Rank
The Omega Ratio Rank of FSJPX is 3838
Omega Ratio Rank
The Calmar Ratio Rank of FSJPX is 6565
Calmar Ratio Rank
The Martin Ratio Rank of FSJPX is 4848
Martin Ratio Rank

FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 6060
Overall Rank
The Sharpe Ratio Rank of FXAIX is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 5656
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 6060
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 6363
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 6060
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.

FSJPX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Japan Stock Index Fund (FSJPX) and Fidelity 500 Index Fund (FXAIX). 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 FSJPX Sharpe Ratio is 0.58, which is comparable to the FXAIX Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of FSJPX and FXAIX, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FSJPX vs. FXAIX - Dividend Comparison

FSJPX's dividend yield for the trailing twelve months is around 2.04%, more than FXAIX's 1.55% yield.


TTM20242023202220212020201920182017201620152014
FSJPX
Fidelity SAI Japan Stock Index Fund
2.04%2.26%4.10%2.28%0.97%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FXAIX
Fidelity 500 Index Fund
1.55%1.25%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%2.08%

Drawdowns

FSJPX vs. FXAIX - Drawdown Comparison

The maximum FSJPX drawdown since its inception was -32.91%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FSJPX and FXAIX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FSJPX vs. FXAIX - Volatility Comparison

The current volatility for Fidelity SAI Japan Stock Index Fund (FSJPX) is 4.00%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.77%. This indicates that FSJPX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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