Fidelity All-in-One Balanced ETF (FBAL.NEO)

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The chart shows the growth of an initial investment of CA$10,000 in Fidelity All-in-One Balanced ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity All-in-One Balanced ETF (FBAL.NEO) has returned 0.90% so far this year and 11.78% over the past 12 months.

Based on dividend-adjusted daily data since Jan 21, 2021, FBAL.NEO's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, your investment would double in approximately 7.3 years.

Historically, 67% of months were positive and 33% were negative. The best month was Nov 2024 with a return of +6.0%, while the worst month was Jun 2022 at -6.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FBAL.NEO closed higher 49% of trading days. The best single day was Mar 15, 2022 with a return of +3.4%, while the worst single day was Apr 3, 2025 at -2.8%.

Fidelity All-in-One Balanced ETF has an annualized alpha of 3.04%, beta of 0.37, and R² of 0.42 versus S&P 500 Index. Calculated based on daily prices since January 22, 2021.

• This ETF participated in 57.41% of S&P 500 Index downside but only 53.55% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.37 may look defensive, but with R² of 0.42 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.42 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

FBAL.NEO has an expense ratio of 0.40%, placing it in the medium range.

FBAL.NEO ranks 68 for risk / return — better than 68% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Fidelity All-in-One Balanced ETF (FBAL.NEO) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity All-in-One Balanced ETF provided a 1.60% dividend yield over the last twelve months, with an annual payout of CA$0.23 per share.

The table displays the monthly dividend distributions for Fidelity All-in-One Balanced ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity All-in-One Balanced ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity All-in-One Balanced ETF was 13.83%, occurring on Jun 16, 2022. Recovery took 354 trading sessions.

The current Fidelity All-in-One Balanced ETF drawdown is 3.78%.

The chart below shows the rolling one-month volatility.