JNEMX vs. FICCX

Last updated Aug 1, 2026

JNEMX (JPMorgan International Equity Fund Class R6) and FICCX (Fidelity Advisor Canada Fund Class I) are both Foreign Large Cap Equities funds. Over the past 10 years, JNEMX returned 9.04%/yr vs 10.49%/yr for FICCX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. JNEMX charges 0.50%/yr vs 0.74%/yr for FICCX.

Performance

JNEMX vs. FICCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan International Equity Fund Class R6 (JNEMX) and Fidelity Advisor Canada Fund Class I (FICCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JNEMX achieves a 10.73% return, which is significantly higher than FICCX's 9.99% return. Over the past 10 years, JNEMX has underperformed FICCX with an annualized return of 9.04%, while FICCX has yielded a comparatively higher 10.49% annualized return.

JNEMX

• 1D: 2.57%
• 1M: 0.95%
• 6M: 6.15%
• YTD: 10.73%
• 1Y: 19.85%
• 3Y*: 13.53%
• 5Y*: 6.76%
• 10Y*: 9.04%
• ALL TIME*: 7.21%

FICCX

• 1D: 0.36%
• 1M: 4.17%
• 6M: 10.02%
• YTD: 9.99%
• 1Y: 20.91%
• 3Y*: 15.97%
• 5Y*: 11.32%
• 10Y*: 10.49%
• ALL TIME*: 6.27%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FICCX Fidelity Advisor Canada Fund Class I	$0.00	$0.00	$0.00
JNEMX JPMorgan International Equity Fund Class R6	$0.00	$0.00	$0.00

JNEMX vs. FICCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JNEMX JPMorgan International Equity Fund Class R6	10.73%	26.14%	1.62%	18.11%	-19.44%	11.92%	13.42%	27.95%	-17.69%	30.04%
FICCX Fidelity Advisor Canada Fund Class I	9.99%	25.83%	9.14%	14.69%	-6.12%	26.90%	4.50%	25.89%	-14.30%	12.85%

Correlation

The correlation between JNEMX and FICCX is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.56
Correlation (3Y) Balances recent behavior with more history.	0.67
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (10Y) Provides a long-term view across more market conditions.	0.73
Correlation (All Time) Calculated using the full available price history since Nov 30, 2010	0.74

The correlation between JNEMX and FICCX shifts across timeframes, from 0.56 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JNEMX vs. FICCX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JNEMX

JNEMX Risk / Return Rank: 39
JNEMX Sharpe Ratio Rank: 39
JNEMX Sortino Ratio Rank: 39
JNEMX Omega Ratio Rank: 39
JNEMX Calmar Ratio Rank: 39
JNEMX Martin Ratio Rank: 39

FICCX

FICCX Risk / Return Rank: 60
FICCX Sharpe Ratio Rank: 58
FICCX Sortino Ratio Rank: 52
FICCX Omega Ratio Rank: 54
FICCX Calmar Ratio Rank: 76
FICCX Martin Ratio Rank: 60

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JNEMX vs. FICCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Equity Fund Class R6 (JNEMX) and Fidelity Advisor Canada Fund Class I (FICCX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JNEMX	FICCX	Difference
Sharpe ratio: Return per unit of total volatility	1.16	1.51	-0.35
Sortino ratio: Return per unit of downside risk	1.70	2.04	-0.35
Omega ratio: Gain probability vs. loss probability	1.21	1.27	-0.05
Calmar ratio: Return relative to maximum drawdown	1.60	2.55	-0.94
Martin ratio: Return relative to average drawdown	5.63	8.07	-2.44

JNEMX vs. FICCX - Sharpe Ratio Comparison

The current JNEMX Sharpe Ratio is 1.16, which is comparable to the FICCX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of JNEMX and FICCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JNEMX vs. FICCX - Drawdown Comparison

The maximum JNEMX drawdown since its inception was -34.13%, smaller than the maximum FICCX drawdown of -58.09%. Use the drawdown chart below to compare losses from any high point for JNEMX and FICCX.

Drawdown Indicators

	JNEMX	FICCX	Difference
Max Drawdown Largest peak-to-trough decline	-34.13%	-58.09%	+23.96%
Max Drawdown (1Y) Largest decline over 1 year	-11.62%	-7.61%	-4.01%
Max Drawdown (3Y) Largest decline over 3 years	-12.56%	-12.07%	-0.49%
Max Drawdown (5Y) Largest decline over 5 years	-33.05%	-21.00%	-12.05%
Max Drawdown (10Y) Largest decline over 10 years	-34.13%	-39.84%	+5.71%
Current Drawdown Current decline from peak	-0.12%	0.00%	-0.12%
Average Drawdown Average peak-to-trough decline	-8.16%	-11.83%	+3.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	2.40%	+0.90%

Volatility

JNEMX vs. FICCX - Volatility Comparison

JPMorgan International Equity Fund Class R6 (JNEMX) has a higher volatility of 4.66% compared to Fidelity Advisor Canada Fund Class I (FICCX) at 2.32%. This indicates that JNEMX's price experiences larger fluctuations and is considered to be riskier than FICCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JNEMX	FICCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.66%	2.32%	+2.34%
Volatility (6M) Calculated over the trailing 6-month period	13.76%	10.20%	+3.56%
Volatility (1Y) Calculated over the trailing 1-year period	16.12%	12.88%	+3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.86%	15.90%	+0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.99%	17.36%	-0.37%

JNEMX vs. FICCX - Expense Ratio Comparison

JNEMX has a 0.50% expense ratio, which is lower than FICCX's 0.74% expense ratio.

Dividends

JNEMX vs. FICCX - Dividend Comparison

JNEMX's dividend yield for the trailing twelve months is around 6.06%, more than FICCX's 4.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FICCX Fidelity Advisor Canada Fund Class I	4.18%	4.59%	7.72%	3.36%	4.12%	5.22%	2.47%	4.31%	7.38%	0.89%	1.74%	0.15%
JNEMX JPMorgan International Equity Fund Class R6	6.06%	6.71%	3.27%	2.40%	2.88%	6.89%	1.30%	3.65%	3.93%	1.83%	2.03%	2.17%

Frequently Asked Questions

Can I hold both JNEMX and FICCX in my portfolio?

JNEMX and FICCX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JNEMX or FICCX?

JNEMX has higher volatility (4.66%) compared to FICCX (2.32%). In terms of maximum drawdown, JNEMX dropped -34.13% vs FICCX's -58.09%.

Which has better risk-adjusted returns?

FICCX currently has the higher Sharpe Ratio (1.51 vs 1.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.