Fidelity Balanced K6 Fund (FBKFX) 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 FBKFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FBKFX
FBKFX charges 0.32% annually. There are 97 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 | FBKFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | FBKFX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | FBKFX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | FBKFX vs VBAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | FBKFX vs BWBIX |
Best Risk-Adjusted Alternatives to FBKFX
FBKFX has a PortfoliosLab risk / return rank of 81. There are 69 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 | FBKFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | FBKFX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | FBKFX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | FBKFX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | FBKFX vs FSRRX |
Top Performing FBKFX Alternatives (YTD)
FBKFX is at 8.78% YTD. There are 123 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 | FBKFX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | FBKFX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | FBKFX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | FBKFX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | FBKFX vs BRUFX |
Lowest Volatility Alternatives to FBKFX
FBKFX has 9.66% 1-year volatility. There are 358 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 | FBKFX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | FBKFX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | FBKFX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | FBKFX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | FBKFX vs CSTAX |
Lowest Drawdown Alternatives to FBKFX
FBKFX has a 1-year max drawdown of -6.61%. There are 305 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 | FBKFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | FBKFX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | FBKFX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | FBKFX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | FBKFX 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 | FBKFX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FBKFX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FBKFX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FBKFX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FBKFX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FBKFX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FBKFX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FBKFX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FBKFX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FBKFX vs FTIHX |
Often Compared With FBKFX
Investors most often compare FBKFX with FBALX, JLGMX, FPKFX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FBKFX with Any Fund or Stock
Compare FBKFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FBKFX with funds that move differently
Fidelity Balanced K6 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBKFX.
Explore FBKFX Diversifiers