FMAG vs FJP

Comparison between FIDELITY MAGELLAN ETF (FMAG, ETF) and FIRST TRUST JAPAN ALPHADEX FUND (FJP, ETF).

5-Year PerformanceFMAG has outperformed FJP, delivering a return of +11.1% compared to +10.6%

FMAG vs FJP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMAG(ETF)	FJP(ETF)
Net Assets	$258M	$258M
Expense Ratio	0.57%	0.80%
Max Drawdown	33.02%	43.93%
Sharpe Ratio	0.42	1.28
5Y Beta	1.08	0.74
P/E Ratio	33.06	N/A
Forward P/E	26.56	N/A
PEG Ratio	0.76	N/A
5Y Dividends CAGR	N/A	29.60%
5Y EPS CAGR	31.53%	N/A
P/S Ratio	3.17	N/A
P/B Ratio	8.72	N/A

Net Assets

FMAG

$258M

Winner

FJP

$258M

Expense Ratio

Winner

FMAG

0.57%

FJP

0.80%

Max Drawdown

Winner

FMAG

33.02%

FJP

43.93%

Sharpe Ratio

FMAG

0.42

Winner

FJP

1.28

5Y Beta

FMAG

1.08

Winner

FJP

0.74

P/E Ratio

FMAG

33.06

FJP

N/A

Forward P/E

FMAG

26.56

FJP

N/A

PEG Ratio

FMAG

0.76

FJP

N/A

5Y Dividends CAGR

FMAG

N/A

FJP

29.60%

5Y EPS CAGR

FMAG

31.53%

FJP

N/A

P/S Ratio

FMAG

3.17

FJP

N/A

P/B Ratio

FMAG

8.72

FJP

N/A

FMAG vs FJP - Historical Returns

Returns include dividend reinvestment.

Period	FMAG	FJP
1 month	+0.11%	-6.05%
3 months	+10.45%	+4.03%
6 months	+6.41%	+11.55%
1 year	+8.81%	+31.92%
5 years(CAGR)	+11.07%	+10.57%
10 years(CAGR)	N/A	+7.56%
Max(CAGR)	+11.63%	+5.91%

Winner

FMAG

+0.11%

FJP

-6.05%

Winner

FMAG

+10.45%

FJP

+4.03%

FMAG

+6.41%

Winner

FJP

+11.55%

FMAG

+8.81%

Winner

FJP

+31.92%

5Y(CAGR)

Winner

FMAG

+11.07%

FJP

+10.57%

10Y(CAGR)

FMAG

N/A

FJP

+7.56%

Max(CAGR)

Winner

FMAG

+11.63%

FJP

+5.91%

FMAG vs FJP - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FMAG	FJP
2026	+5.35%	+12.14%
2025	+10.44%	+33.80%
2024	+30.08%	+6.02%
2023	+31.66%	+23.73%
2022	-26.44%	-12.80%
2021	+25.37%	-0.50%
2020	N/A	+2.15%
2019	N/A	+7.28%
2018	N/A	-18.80%
2017	N/A	+26.81%
2016	N/A	+4.50%
2015	N/A	+5.39%
2014	N/A	-0.84%
2013	N/A	+28.22%
2012	N/A	-4.42%
2011	N/A	-9.31%

FMAG vs FJP Drawdown Comparison

The maximum drawdown for FMAG was -32.93%, occurring on Oct 14, 2022. Recovery took 548 trading sessions.

The maximum drawdown for FJP was -41.51%, occurring on Mar 16, 2020. Recovery took 1551 trading sessions.

The current FMAG drawdown is -2.96%. The current FJP drawdown is -7.75%.

Rank	FMAG	FJP
#1	-32.93% Nov 19, 2021 - Jan 29, 2024	-41.51% Jan 23, 2018 - Mar 22, 2024
#2	-20.12% Jan 23, 2025 - Jun 4, 2025	-25.37% Aug 2, 2011 - May 14, 2013
#3	-13.97% Oct 28, 2025 - Apr 24, 2026	-22.46% May 22, 2015 - Mar 13, 2017
#4	-10.20% Jul 10, 2024 - Sep 19, 2024	-17.02% Mar 25, 2025 - May 21, 2025
#5	-8.12% Feb 12, 2021 - Apr 5, 2021	-16.43% May 21, 2013 - Jan 17, 2014
#6	-6.95% Sep 3, 2021 - Oct 25, 2021	-15.08% Mar 27, 2024 - Feb 18, 2025
#7	-6.17% Apr 29, 2021 - Jun 14, 2021	-14.43% Feb 25, 2026 - Mar 20, 2026
#8	-6.16% Mar 21, 2024 - May 15, 2024	-12.64% Jul 28, 2014 - Feb 20, 2015
#9	-5.90% Jun 2, 2026 - Jun 10, 2026	-10.47% Jan 22, 2014 - Jun 18, 2014
#10	-4.65% Dec 4, 2024 - Jan 21, 2025	-7.21% May 10, 2011 - Jul 5, 2011
#11	-4.02% Oct 14, 2024 - Nov 6, 2024	-6.57% Sep 15, 2025 - Nov 10, 2025
#12	-3.33% Nov 8, 2024 - Dec 4, 2024	-4.37% Jun 27, 2025 - Jul 23, 2025
#13	-3.21% Sep 22, 2025 - Oct 27, 2025	-4.12% Mar 28, 2017 - May 3, 2017
#14	-3.15% May 14, 2026 - May 28, 2026	-3.98% Nov 14, 2025 - Nov 26, 2025
#15	-2.45% Aug 12, 2025 - Sep 22, 2025	-3.56% Apr 28, 2015 - May 18, 2015

Correlation

Correlation between FMAG and FJP is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2011 - 2026)

FMAG vs FJP dividend yield comparison.

Year	FMAG	FJP
2026	0.00%	0.15%
2025	0.09%	2.68%
2024	0.15%	3.18%
2023	0.34%	3.49%
2022	0.23%	2.21%
2021	0.03%	2.43%
2020	0.00%	0.99%
2019	0.00%	2.80%
2018	0.00%	1.54%
2017	0.00%	1.29%
2016	0.00%	1.46%
2015	0.00%	0.85%
2014	0.00%	1.08%
2013	0.00%	0.70%
2012	0.00%	1.61%
2011	0.00%	0.62%