Fidelity Balanced Fund (FBALX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FBALX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FBALX
FBALX charges 0.46% annually. There are 172 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | FBALX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | FBALX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | FBALX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | FBALX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | FBALX vs BWBIX |
Best Risk-Adjusted Alternatives to FBALX
FBALX has a PortfoliosLab risk / return rank of 81. There are 67 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | FBALX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | FBALX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | FBALX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | FBALX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | FBALX vs FSRRX |
Top Performing FBALX Alternatives (YTD)
FBALX is at 8.97% YTD. There are 111 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | FBALX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | FBALX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | FBALX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | FBALX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | FBALX vs BRUFX |
Lowest Volatility Alternatives to FBALX
FBALX has 9.49% 1-year volatility. There are 347 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | FBALX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | FBALX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | FBALX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | FBALX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | FBALX vs CSTAX |
Lowest Drawdown Alternatives to FBALX
FBALX has a 1-year max drawdown of -6.47%. There are 285 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | FBALX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | FBALX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | FBALX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | FBALX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | FBALX vs CSTAX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 64 | 9.35% | — | Feb 1988 | FBALX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FBALX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FBALX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FBALX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FBALX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FBALX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FBALX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FBALX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FBALX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FBALX vs FTIHX |
Often Compared With FBALX
Investors most often compare FBALX with VWELX, FPURX, VBIAX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare FBALX with Any Fund or Stock
Compare FBALX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FBALX with funds that move differently
Fidelity Balanced Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBALX.
Explore FBALX Diversifiers