JPXN vs. FJPNX
Compare and contrast key facts about iShares JPX-Nikkei 400 ETF (JPXN) and Fidelity Japan Fund (FJPNX).
JPXN is a passively managed fund by iShares that tracks the performance of the JPX-Nikkei Index 400. It was launched on Oct 26, 2001. FJPNX is managed by Fidelity. It was launched on Sep 15, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPXN or FJPNX.
Performance
JPXN vs. FJPNX - Performance Comparison
Returns By Period
In the year-to-date period, JPXN achieves a 6.77% return, which is significantly lower than FJPNX's 7.22% return. Over the past 10 years, JPXN has underperformed FJPNX with an annualized return of 5.74%, while FJPNX has yielded a comparatively higher 6.56% annualized return.
JPXN
6.77%
-3.91%
-0.40%
12.00%
4.45%
5.74%
FJPNX
7.22%
-5.43%
4.61%
13.22%
4.89%
6.56%
Key characteristics
| JPXN | FJPNX | |
|---|---|---|
| Sharpe Ratio | 0.81 | 0.82 |
| Sortino Ratio | 1.17 | 1.20 |
| Omega Ratio | 1.15 | 1.16 |
| Calmar Ratio | 1.01 | 0.69 |
| Martin Ratio | 3.79 | 4.29 |
| Ulcer Index | 3.64% | 3.63% |
| Daily Std Dev | 17.04% | 19.06% |
| Max Drawdown | -54.97% | -61.98% |
| Current Drawdown | -7.50% | -11.02% |
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JPXN vs. FJPNX - Expense Ratio Comparison
JPXN has a 0.48% expense ratio, which is lower than FJPNX's 1.09% expense ratio.
Correlation
The correlation between JPXN and FJPNX is 0.86, 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.
Risk-Adjusted Performance
JPXN vs. FJPNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares JPX-Nikkei 400 ETF (JPXN) and Fidelity Japan Fund (FJPNX). 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.
Dividends
JPXN vs. FJPNX - Dividend Comparison
JPXN's dividend yield for the trailing twelve months is around 2.61%, more than FJPNX's 0.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPXN iShares JPX-Nikkei 400 ETF | 2.61% | 2.58% | 1.47% | 2.63% | 1.27% | 1.92% | 1.60% | 1.50% | 2.07% | 1.32% | 1.42% | 1.18% |
FJPNX Fidelity Japan Fund | 0.78% | 0.84% | 0.00% | 3.23% | 0.53% | 0.64% | 0.38% | 0.69% | 0.93% | 1.22% | 0.80% | 1.82% |
Drawdowns
JPXN vs. FJPNX - Drawdown Comparison
The maximum JPXN drawdown since its inception was -54.97%, smaller than the maximum FJPNX drawdown of -61.98%. Use the drawdown chart below to compare losses from any high point for JPXN and FJPNX. For additional features, visit the drawdowns tool.
Volatility
JPXN vs. FJPNX - Volatility Comparison
The current volatility for iShares JPX-Nikkei 400 ETF (JPXN) is 4.49%, while Fidelity Japan Fund (FJPNX) has a volatility of 4.85%. This indicates that JPXN experiences smaller price fluctuations and is considered to be less risky than FJPNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.