RMBPX vs. FJPTX

Last updated Jun 24, 2026

RMBPX (RMB Japan Fund) and FJPTX (Fidelity Advisor Japan Fund Class M) are both Japan Equities funds. A 0.77 correlation means they provide meaningful diversification when combined. RMBPX charges 1.30%/yr vs 1.70%/yr for FJPTX.

Performance

RMBPX vs. FJPTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RMB Japan Fund (RMBPX) and Fidelity Advisor Japan Fund Class M (FJPTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RMBPX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FJPTX

• 1D: 0.79%
• 1M: 6.02%
• YTD: 30.25%
• 6M: 29.32%
• 1Y: 51.43%
• 3Y*: 23.98%
• 5Y*: 10.92%
• 10Y*: 11.69%

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

RMBPX vs. FJPTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
RMBPX RMB Japan Fund	0.00%	-0.24%	-14.03%	19.33%	-14.50%	-2.65%	13.06%	17.64%	-17.62%
FJPTX Fidelity Advisor Japan Fund Class M	30.25%	30.99%	6.78%	15.26%	-22.68%	2.48%	24.68%	24.93%	-19.48%

Correlation

The correlation between RMBPX and FJPTX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Jan 12, 2018	0.77

The correlation between RMBPX and FJPTX shifts across timeframes, from 0.59 (3 years) to 0.77 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RMBPX vs. FJPTX — Risk / Return Rank

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

RMBPX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FJPTX

FJPTX Risk / Return Rank: 77
FJPTX Sharpe Ratio Rank: 78
FJPTX Sortino Ratio Rank: 68
FJPTX Omega Ratio Rank: 66
FJPTX Calmar Ratio Rank: 88
FJPTX Martin Ratio Rank: 86

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.

RMBPX vs. FJPTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RMB Japan Fund (RMBPX) and Fidelity Advisor Japan Fund Class M (FJPTX). 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.

	RMBPX	FJPTX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.38	—
Sortino ratio: Return per unit of downside risk	—	3.14	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	4.09	—
Martin ratio: Return relative to average drawdown	—	15.21	—

Drawdowns

Drawdown Indicators

	RMBPX	FJPTX	Difference
Max Drawdown Largest peak-to-trough decline	—	-36.61%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.81%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-36.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.61%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-10.14%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.44%	—

Volatility

Volatility by Period

	RMBPX	FJPTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	22.07%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	20.19%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.38%	—

RMBPX vs. FJPTX - Expense Ratio Comparison

RMBPX has a 1.30% expense ratio, which is lower than FJPTX's 1.70% expense ratio.

Dividends

RMBPX vs. FJPTX - Dividend Comparison

RMBPX has not paid dividends to shareholders, while FJPTX's dividend yield for the trailing twelve months is around 7.31%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FJPTX Fidelity Advisor Japan Fund Class M	7.31%	9.53%	4.42%	3.13%	0.00%	10.97%	1.35%	0.71%	0.00%	0.23%	0.37%	0.07%
RMBPX RMB Japan Fund	0.00%	0.00%	3.28%	4.43%	1.04%	8.11%	0.29%	1.15%	0.36%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RMBPX and FJPTX in my portfolio?

RMBPX and FJPTX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.