JAPN.TO vs. FTS

Last updated Jun 4, 2026

JAPN.TO (CI WisdomTree Japan Equity Index ETF) is Japan Equities fund tracking the WisdomTree Japan Equity Index CAD, while FTS (Fortis Inc) is a stock. Over the past 5 years, JAPN.TO returned 25.62%/yr vs 10.97%/yr for FTS. At a 0.02 correlation, their price movements are largely independent.

Performance

JAPN.TO vs. FTS - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI WisdomTree Japan Equity Index ETF (JAPN.TO) and Fortis Inc (FTS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JAPN.TO is traded in CAD, while FTS is traded in USD. To make them comparable, the FTS values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, JAPN.TO achieves a 19.35% return, which is significantly higher than FTS's 8.42% return.

JAPN.TO

• 1D: 0.86%
• 1M: 7.38%
• YTD: 19.35%
• 6M: 23.23%
• 1Y: 51.47%
• 3Y*: 33.20%
• 5Y*: 25.62%
• 10Y*: —

FTS

• 1D: 0.30%
• 1M: -1.13%
• YTD: 8.42%
• 6M: 8.42%
• 1Y: 18.36%
• 3Y*: 14.29%
• 5Y*: 10.97%
• 10Y*: 10.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JAPN.TO vs. FTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JAPN.TO CI WisdomTree Japan Equity Index ETF	19.35%	30.66%	29.25%	35.51%	10.82%	16.05%	2.20%	16.56%	-15.95%
FTS Fortis Inc	8.42%	23.67%	14.90%	5.01%	-7.54%	21.62%	0.19%	22.66%	7.77%

Correlation

The correlation between JAPN.TO and FTS is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since Aug 9, 2018	0.02

Return for Risk

JAPN.TO vs. FTS — Risk / Return Rank

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

JAPN.TO

JAPN.TO Risk / Return Rank: 86
JAPN.TO Sharpe Ratio Rank: 86
JAPN.TO Sortino Ratio Rank: 88
JAPN.TO Omega Ratio Rank: 87
JAPN.TO Calmar Ratio Rank: 85
JAPN.TO Martin Ratio Rank: 84

FTS

FTS Risk / Return Rank: 76
FTS Sharpe Ratio Rank: 77
FTS Sortino Ratio Rank: 73
FTS Omega Ratio Rank: 70
FTS Calmar Ratio Rank: 80
FTS Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JAPN.TO vs. FTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI WisdomTree Japan Equity Index ETF (JAPN.TO) and Fortis Inc (FTS). 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.

	JAPN.TO	FTS	Difference
Sharpe ratio: Return per unit of total volatility	2.87	1.41	+1.46
Sortino ratio: Return per unit of downside risk	4.04	2.05	+1.99
Omega ratio: Gain probability vs. loss probability	1.54	1.25	+0.29
Calmar ratio: Return relative to maximum drawdown	4.66	2.99	+1.67
Martin ratio: Return relative to average drawdown	17.52	7.08	+10.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JAPN.TO vs. FTS - Sharpe Ratio Comparison

The current JAPN.TO Sharpe Ratio is 2.87, which is higher than the FTS Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of JAPN.TO and FTS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JAPN.TO	FTS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.87	1.41	+1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.36	0.76	+0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.67	+0.27

Drawdowns

JAPN.TO vs. FTS - Drawdown Comparison

The maximum JAPN.TO drawdown since its inception was -28.88%, roughly equal to the maximum FTS drawdown of -28.25%. Use the drawdown chart below to compare losses from any high point for JAPN.TO and FTS.

Drawdown Indicators

	JAPN.TO	FTS	Difference
Max Drawdown Largest peak-to-trough decline	-28.88%	-28.25%	-0.63%
Max Drawdown (1Y) Largest decline over 1 year	-11.09%	-6.17%	-4.92%
Max Drawdown (3Y) Largest decline over 3 years	-21.67%	-11.31%	-10.36%
Max Drawdown (5Y) Largest decline over 5 years	-21.67%	-24.12%	+2.45%
Max Drawdown (10Y) Largest decline over 10 years	—	-28.25%	—
Current Drawdown Current decline from peak	0.00%	-4.38%	+4.38%
Average Drawdown Average peak-to-trough decline	-6.05%	-5.48%	-0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.69%	+0.26%

Volatility

JAPN.TO vs. FTS - Volatility Comparison

The current volatility for CI WisdomTree Japan Equity Index ETF (JAPN.TO) is 3.65%, while Fortis Inc (FTS) has a volatility of 4.79%. This indicates that JAPN.TO experiences smaller price fluctuations and is considered to be less risky than FTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JAPN.TO	FTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.65%	4.79%	-1.14%
Volatility (6M) Calculated over the trailing 6-month period	13.69%	10.39%	+3.30%
Volatility (1Y) Calculated over the trailing 1-year period	18.02%	13.08%	+4.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.98%	14.58%	+4.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	16.98%	+2.69%

Dividends

JAPN.TO vs. FTS - Dividend Comparison

JAPN.TO's dividend yield for the trailing twelve months is around 2.02%, less than FTS's 3.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTS Fortis Inc	3.36%	3.42%	4.62%	4.50%	4.48%	3.40%	3.54%	3.31%	3.35%	4.43%	4.94%
JAPN.TO CI WisdomTree Japan Equity Index ETF	2.02%	2.08%	1.58%	1.51%	2.59%	1.35%	1.36%	2.12%	0.62%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JAPN.TO and FTS in my portfolio?

JAPN.TO and FTS have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.