S400.L vs. FJPS.L
Compare and contrast key facts about Invesco JPX-Nikkei 400 UCITS ETF (S400.L) and Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc (FJPS.L).
S400.L and FJPS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. S400.L is a passively managed fund by Invesco that tracks the performance of the TOPIX TR JPY. It was launched on Sep 10, 2014. FJPS.L is a passively managed fund by FIL Investment Management (Luxembourg) S.A., Irela that tracks the performance of the TOPIX TR JPY. It was launched on Dec 1, 2020. Both S400.L and FJPS.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
S400.L vs. FJPS.L - Performance Comparison
Loading graphics...
S400.L vs. FJPS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
S400.L Invesco JPX-Nikkei 400 UCITS ETF | 9.32% | 17.62% | 8.31% | 13.66% | -5.83% | 0.91% | 1.14% |
FJPS.L Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc | 7.15% | 14.84% | 8.88% | 12.32% | -5.11% | 2.90% | 1.92% |
Different Trading Currencies
S400.L is traded in GBp, while FJPS.L is traded in GBP. To make them comparable, the FJPS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, S400.L achieves a 9.32% return, which is significantly higher than FJPS.L's 7.15% return.
S400.L
- 1D
- 3.87%
- 1M
- -3.00%
- YTD
- 9.32%
- 6M
- 14.18%
- 1Y
- 29.21%
- 3Y*
- 14.84%
- 5Y*
- 8.41%
- 10Y*
- 9.83%
FJPS.L
- 1D
- 4.26%
- 1M
- -2.44%
- YTD
- 7.15%
- 6M
- 11.63%
- 1Y
- 26.57%
- 3Y*
- 13.02%
- 5Y*
- 7.96%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
S400.L vs. FJPS.L - Expense Ratio Comparison
S400.L has a 0.19% expense ratio, which is lower than FJPS.L's 0.30% expense ratio.
Return for Risk
S400.L vs. FJPS.L — Risk / Return Rank
S400.L
FJPS.L
S400.L vs. FJPS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco JPX-Nikkei 400 UCITS ETF (S400.L) and Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc (FJPS.L). 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.
| S400.L | FJPS.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.59 | 1.35 | +0.24 |
Sortino ratioReturn per unit of downside risk | 2.20 | 1.91 | +0.29 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.26 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.92 | 2.64 | +0.28 |
Martin ratioReturn relative to average drawdown | 10.75 | 9.42 | +1.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| S400.L | FJPS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 1.35 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.50 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.50 | +0.07 |
Correlation
The correlation between S400.L and FJPS.L is 0.97, 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.
Dividends
S400.L vs. FJPS.L - Dividend Comparison
Neither S400.L nor FJPS.L has paid dividends to shareholders.
Drawdowns
S400.L vs. FJPS.L - Drawdown Comparison
The maximum S400.L drawdown since its inception was -24.69%, which is greater than FJPS.L's maximum drawdown of -17.38%. Use the drawdown chart below to compare losses from any high point for S400.L and FJPS.L.
Loading graphics...
Drawdown Indicators
| S400.L | FJPS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.69% | -17.38% | -7.31% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -10.50% | +0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -19.34% | -17.38% | -1.96% |
Max Drawdown (10Y)Largest decline over 10 years | -24.69% | — | — |
Current DrawdownCurrent decline from peak | -5.43% | -5.17% | -0.26% |
Average DrawdownAverage peak-to-trough decline | -5.15% | -5.24% | +0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 2.94% | -0.10% |
Volatility
S400.L vs. FJPS.L - Volatility Comparison
The current volatility for Invesco JPX-Nikkei 400 UCITS ETF (S400.L) is 8.27%, while Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF Acc (FJPS.L) has a volatility of 8.79%. This indicates that S400.L experiences smaller price fluctuations and is considered to be less risky than FJPS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| S400.L | FJPS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.27% | 8.79% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 14.01% | 14.72% | -0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.33% | 19.62% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.32% | 15.95% | -0.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.84% | 15.77% | +0.07% |