JNUSX vs. FSKLX

Last updated Aug 5, 2026

JNUSX (JPMorgan International Value Fund) and FSKLX (Fidelity SAI International Low Volatility Index Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, JNUSX returned 11.41%/yr vs 6.10%/yr for FSKLX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. JNUSX charges 0.63%/yr vs 0.17%/yr for FSKLX.

Performance

JNUSX vs. FSKLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan International Value Fund (JNUSX) and Fidelity SAI International Low Volatility Index Fund (FSKLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JNUSX achieves a 16.95% return, which is significantly higher than FSKLX's 9.55% return. Over the past 10 years, JNUSX has outperformed FSKLX with an annualized return of 11.41%, while FSKLX has yielded a comparatively lower 6.10% annualized return.

JNUSX

• 1D: 0.25%
• 1M: 4.98%
• 6M: 7.99%
• YTD: 16.95%
• 1Y: 35.85%
• 3Y*: 26.66%
• 5Y*: 16.82%
• 10Y*: 11.41%
• ALL TIME*: 5.88%

FSKLX

• 1D: -0.21%
• 1M: 3.07%
• 6M: 4.83%
• YTD: 9.55%
• 1Y: 14.94%
• 3Y*: 12.91%
• 5Y*: 6.04%
• 10Y*: 6.10%
• ALL TIME*: 5.83%

*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)
FSKLX Fidelity SAI International Low Volatility Index Fund	$0.00	$0.00	$0.00
JNUSX JPMorgan International Value Fund	$0.00	$0.00	$0.00

JNUSX vs. FSKLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JNUSX JPMorgan International Value Fund	16.95%	48.51%	9.94%	19.06%	-5.17%	16.55%	-3.92%	15.55%	-18.62%	22.26%
FSKLX Fidelity SAI International Low Volatility Index Fund	9.55%	21.95%	1.20%	13.84%	-13.48%	9.91%	-1.57%	16.12%	-4.88%	21.40%

Correlation

The correlation between JNUSX and FSKLX is 0.76, 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.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.79
Correlation (5Y) Shows whether the relationship held over a longer period.	0.78
Correlation (10Y) Provides a long-term view across more market conditions.	0.78
Correlation (All Time) Calculated using the full available price history since Jun 5, 2015	0.79

The correlation between JNUSX and FSKLX has been stable across timeframes, ranging from 0.76 to 0.79 - a consistent structural relationship.

Return for Risk

JNUSX vs. FSKLX — Risk / Return Rank

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

JNUSX

JNUSX Risk / Return Rank: 91
JNUSX Sharpe Ratio Rank: 95
JNUSX Sortino Ratio Rank: 93
JNUSX Omega Ratio Rank: 91
JNUSX Calmar Ratio Rank: 88
JNUSX Martin Ratio Rank: 88

FSKLX

FSKLX Risk / Return Rank: 44
FSKLX Sharpe Ratio Rank: 50
FSKLX Sortino Ratio Rank: 52
FSKLX Omega Ratio Rank: 50
FSKLX Calmar Ratio Rank: 42
FSKLX Martin Ratio Rank: 27

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.

JNUSX vs. FSKLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Value Fund (JNUSX) and Fidelity SAI International Low Volatility Index Fund (FSKLX). 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.

	JNUSX	FSKLX	Difference
Sharpe ratio: Return per unit of total volatility	2.69	1.51	+1.18
Sortino ratio: Return per unit of downside risk	3.70	2.21	+1.49
Omega ratio: Gain probability vs. loss probability	1.48	1.28	+0.20
Calmar ratio: Return relative to maximum drawdown	3.45	1.86	+1.58
Martin ratio: Return relative to average drawdown	12.64	4.35	+8.29

JNUSX vs. FSKLX - Sharpe Ratio Comparison

The current JNUSX Sharpe Ratio is 2.69, which is higher than the FSKLX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of JNUSX and FSKLX, 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

JNUSX vs. FSKLX - Drawdown Comparison

The maximum JNUSX drawdown since its inception was -62.24%, which is greater than FSKLX's maximum drawdown of -27.26%. Use the drawdown chart below to compare losses from any high point for JNUSX and FSKLX.

Drawdown Indicators

	JNUSX	FSKLX	Difference
Max Drawdown Largest peak-to-trough decline	-62.24%	-27.26%	-34.98%
Max Drawdown (1Y) Largest decline over 1 year	-10.99%	-8.64%	-2.35%
Max Drawdown (3Y) Largest decline over 3 years	-13.66%	-11.59%	-2.07%
Max Drawdown (5Y) Largest decline over 5 years	-27.49%	-24.99%	-2.50%
Max Drawdown (10Y) Largest decline over 10 years	-48.34%	-27.26%	-21.08%
Current Drawdown Current decline from peak	-0.29%	-1.74%	+1.45%
Average Drawdown Average peak-to-trough decline	-15.21%	-5.13%	-10.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	3.69%	-0.70%

Volatility

JNUSX vs. FSKLX - Volatility Comparison

JPMorgan International Value Fund (JNUSX) has a higher volatility of 3.56% compared to Fidelity SAI International Low Volatility Index Fund (FSKLX) at 2.94%. This indicates that JNUSX's price experiences larger fluctuations and is considered to be riskier than FSKLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JNUSX	FSKLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.56%	2.94%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	11.68%	8.52%	+3.16%
Volatility (1Y) Calculated over the trailing 1-year period	14.09%	10.68%	+3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.07%	11.60%	+4.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.53%	11.86%	+5.67%

JNUSX vs. FSKLX - Expense Ratio Comparison

JNUSX has a 0.63% expense ratio, which is higher than FSKLX's 0.17% expense ratio.

Dividends

JNUSX vs. FSKLX - Dividend Comparison

JNUSX's dividend yield for the trailing twelve months is around 2.49%, more than FSKLX's 2.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSKLX Fidelity SAI International Low Volatility Index Fund	2.37%	2.59%	2.09%	2.31%	2.01%	2.42%	1.32%	6.06%	2.64%	1.69%	2.85%	1.10%
JNUSX JPMorgan International Value Fund	2.49%	2.92%	4.51%	5.14%	3.93%	5.02%	2.89%	4.22%	4.56%	2.44%	6.43%	1.38%

Frequently Asked Questions

Can I hold both JNUSX and FSKLX in my portfolio?

JNUSX and FSKLX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JNUSX or FSKLX?

JNUSX has higher volatility (3.56%) compared to FSKLX (2.94%). In terms of maximum drawdown, JNUSX dropped -62.24% vs FSKLX's -27.26%.

Which has better risk-adjusted returns?

JNUSX currently has the higher Sharpe Ratio (2.69 vs 1.51), 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.