MJFOX vs. DFJSX
MJFOX (Matthews Japan Fund) and DFJSX (DFA Japanese Small Company Portfolio) are both Japan Equities funds. Over the past 10 years, MJFOX returned 8.77%/yr vs 8.64%/yr for DFJSX. Their 0.78 correlation means they have sometimes moved together and sometimes differently. MJFOX charges 1.05%/yr vs 0.42%/yr for DFJSX.
Performance
MJFOX vs. DFJSX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with MJFOX having a 16.42% return and DFJSX slightly lower at 16.18%. Both investments have delivered pretty close results over the past 10 years, with MJFOX having a 8.77% annualized return and DFJSX not far behind at 8.64%.
MJFOX
- 1D
- 4.86%
- 1M
- 0.25%
- 6M
- 11.30%
- YTD
- 16.42%
- 1Y
- 30.02%
- 3Y*
- 21.72%
- 5Y*
- 8.79%
- 10Y*
- 8.77%
- ALL TIME*
- 7.32%
DFJSX
- 1D
- 3.85%
- 1M
- 1.29%
- 6M
- 9.56%
- YTD
- 16.18%
- 1Y
- 27.62%
- 3Y*
- 19.22%
- 5Y*
- 10.00%
- 10Y*
- 8.64%
- ALL TIME*
- 6.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
MJFOX Matthews Japan Fund | $0.00 | $0.00 | $0.00 |
MJFOX vs. DFJSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MJFOX Matthews Japan Fund | 16.42% | 22.72% | 16.31% | 25.79% | -27.84% | -5.79% | 29.80% | 26.08% | -20.12% | 33.22% |
DFJSX DFA Japanese Small Company Portfolio | 16.18% | 31.65% | 4.35% | 17.08% | -11.36% | -0.39% | 3.78% | 18.23% | -19.56% | 35.69% |
Correlation
The correlation between MJFOX and DFJSX is 0.81, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.81 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1998 | 0.78 |
The correlation between MJFOX and DFJSX has been stable across timeframes, ranging from 0.78 to 0.84 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MJFOX vs. DFJSX — Risk / Return Rank
MJFOX
DFJSX
MJFOX vs. DFJSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Japan Fund (MJFOX) and DFA Japanese Small Company Portfolio (DFJSX). 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.
| MJFOX | DFJSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 2.43 | -0.32 |
| Martin ratioReturn relative to average drawdown | 7.09 | 7.29 | -0.20 |
Loading charts...
Drawdowns
MJFOX vs. DFJSX - Drawdown Comparison
The maximum MJFOX drawdown since its inception was -63.52%, smaller than the maximum DFJSX drawdown of -76.17%. Use the drawdown chart below to compare losses from any high point for MJFOX and DFJSX.
Loading charts...
Drawdown Indicators
| MJFOX | DFJSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.52% | -76.17% | +12.65% |
Max Drawdown (1Y)Largest decline over 1 year | -14.53% | -12.53% | -2.00% |
Max Drawdown (3Y)Largest decline over 3 years | -17.14% | -13.31% | -3.83% |
Max Drawdown (5Y)Largest decline over 5 years | -42.85% | -31.39% | -11.46% |
Max Drawdown (10Y)Largest decline over 10 years | -42.85% | -40.32% | -2.53% |
Current DrawdownCurrent decline from peak | -4.62% | -1.17% | -3.45% |
Average DrawdownAverage peak-to-trough decline | -21.15% | -29.98% | +8.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.28% | 4.15% | +0.13% |
Volatility
MJFOX vs. DFJSX - Volatility Comparison
Matthews Japan Fund (MJFOX) has a higher volatility of 8.47% compared to DFA Japanese Small Company Portfolio (DFJSX) at 6.44%. This indicates that MJFOX's price experiences larger fluctuations and is considered to be riskier than DFJSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MJFOX | DFJSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.47% | 6.44% | +2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 20.00% | 14.01% | +5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.80% | 17.36% | +6.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.97% | 16.41% | +4.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.10% | 16.64% | +2.46% |
MJFOX vs. DFJSX - Expense Ratio Comparison
MJFOX has a 1.05% expense ratio, which is higher than DFJSX's 0.42% expense ratio.
Dividends
MJFOX vs. DFJSX - Dividend Comparison
MJFOX's dividend yield for the trailing twelve months is around 1.68%, less than DFJSX's 3.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFJSX DFA Japanese Small Company Portfolio | 3.00% | 3.49% | 3.16% | 6.45% | 5.44% | 5.26% | 2.14% | 3.98% | 7.50% | 2.41% | 1.97% | 1.38% |
MJFOX Matthews Japan Fund | 1.68% | 1.96% | 2.12% | 6.09% | 7.19% | 8.08% | 10.15% | 8.63% | 4.14% | 3.90% | 1.15% | 0.00% |
Frequently Asked Questions
MJFOX and DFJSX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MJFOX has higher volatility (8.47%) compared to DFJSX (6.44%). In terms of maximum drawdown, MJFOX dropped -63.52% vs DFJSX's -76.17%.
DFJSX currently has the higher Sharpe Ratio (1.75 vs 1.29), 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.
Find the right allocation for MJFOX and DFJSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer