First Trust Japan AlphaDEX Fund (FJP) Performance
FJP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.8% since Dec 31, 2025
- 1 year
- +14.0% total return
- 5 years
- +10.3% a year
- 10 years
- +6.4% a year
- Since first price
- +5.6% a year since 2011
FJP trailing returns vs SPY, QQQ, AGG
| Period | FJP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.0% | −6.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.1% | −0.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.6% | −0.1% | +7.8% | +8.4% | −1.5% |
| YTD | +9.8% | +9.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.0% | +10.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +69.4%+19.2%/yr | +55.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +63.4%+10.3%/yr | +42.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +85.2%+6.4%/yr | +47.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +143.1%+6.1%/yr | +83.9% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionApr 26, 2011 | +132.9%+5.6%/yr | +76.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FJP vs SPY
From Apr 26, 2011: FJP grew to $23,286, SPY to $73,956.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FJP returns by calendar year
9 of 14 full years positive. Best 2025 (+33.6%), worst 2018 (−18.6%). 2026 is year to date.
FJP annual returns table
| Year | FJP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.8% | −14.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +33.6% | −17.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.8% | −15.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +23.0% | −11.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −12.8% | −26.7% | −18.2% | −32.6% | −13.0% |
| 2021 | −1.1% | −13.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +3.6% | −30.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +7.7% | −11.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −18.6% | −25.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +27.6% | −4.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +2.4% | −14.2% | +12.0% | +7.1% | +2.4% |
| 2015 | +5.3% | −16.0% | +1.2% | +9.4% | +0.5% |
| 2014 | −2.3% | −12.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +29.4% | −16.4% | +32.3% | +36.6% | −2.0% |
| 2012 | −1.4% | −14.2% | +16.0% | +18.1% | +3.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FJP largest drawdowns
Now 10.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 23, 2018 | −41.5% | Mar 16, 2020 | Mar 20, 2024 | 2.1 years | 6.2 years |
| Aug 2, 2011 | −25.4% | Jun 4, 2012 | May 14, 2013 | 10 months | 1.8 years |
| May 22, 2015 | −22.5% | Feb 11, 2016 | Mar 13, 2017 | 9 months | 1.8 years |
| Mar 25, 2025 | −17.0% | Apr 7, 2025 | May 21, 2025 | 13 days | 57 days |
| May 21, 2013 | −16.4% | Jun 6, 2013 | Jan 17, 2014 | 16 days | 8 months |
| Mar 27, 2024 | −15.1% | Aug 6, 2024 | Feb 18, 2025 | 4 months | 11 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FJP risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +19.7% | +11.1% | +7.1% | +6.1% |
| Volatility (annualized) | 14.6% | 16.3% | 15.0% | 15.0% |
| Sharpe ratio | 1.01 | 0.51 | 0.38 | 0.37 |
| Sortino ratio | 1.71 | 0.80 | 0.56 | 0.55 |
| Best month | +13.9% | +13.9% | +13.9% | +13.9% |
| Worst month | −11.3% | −11.3% | −11.3% | −12.9% |
| Best 12 months | +56.4% | +56.4% | +56.4% | +56.4% |
| Worst 12 months | +2.0% | −26.4% | −26.4% | −26.4% |
| Positive months | 75% | 63% | 63% | 61% |
| Beta vs S&P 500 | 0.50 | 0.62 | 0.64 | — |
| Correlation with S&P 500 | 0.42 | 0.59 | 0.65 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FJP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 175 | −26.4% | +7.2% | +56.4% | 65% |
| 3-year (a year) | 151 | −6.8% | +4.3% | +27.0% | 80% |
| 5-year (a year) | 127 | −6.1% | +3.8% | +12.9% | 83% |
| 10-year (a year) | 67 | +2.0% | +3.6% | +9.2% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
FJP performance overview
First Trust Japan AlphaDEX Fund (FJP) returned +14.0% over the past year and +6.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +5.6% a year, turning $10,000 into about $23,286. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −41.5%, from Jan 23, 2018 to Mar 16, 2020, and it took 4.0 years to get back to the old high. FJP finished 9 of its 14 full calendar years with a gain; the best year was 2025 (+33.6%) and the worst 2018 (−18.6%). Volatility has been 15.0% a year.
Related: FJP chart, FJP holdings, FJP dividends. See the FJP overview for the latest quote and fund facts.
FJP performance FAQ
What is the FJP return over the past year?
FJP returned +14.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.9%.
What is the average annual return of FJP?
FJP has returned +10.3% a year over 5 years, +6.4% a year over 10 years, +5.6% a year since April 26, 2011 (total return, distributions reinvested).
How much would $10,000 invested in FJP be worth?
$10,000 invested in FJP at its first recorded close on April 26, 2011 would be worth about $23,286 on October 23, 2026 with distributions reinvested.
What was the worst year for FJP?
The worst calendar year was 2018, with a total return of −18.6%. The best was 2025 at +33.6%.
What is the biggest drawdown of FJP?
The largest peak-to-trough decline was −41.5% between January 23, 2018 and March 16, 2020. It recovered to the old high on March 20, 2024, 4.0 years after the bottom.
How volatile is FJP?
Over the past 3 years FJP had an annualized volatility of 14.6% and a Sharpe ratio of 1.01 (excess return over 1–3 month T-bills per unit of risk).