AADBX vs. FBALX
Compare and contrast key facts about American Beacon Balanced Fund (AADBX) and Fidelity Balanced Fund (FBALX).
AADBX is managed by American Beacon. It was launched on Jul 16, 1987. FBALX is managed by Fidelity. It was launched on Nov 6, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AADBX or FBALX.
Key characteristics
| AADBX | FBALX | |
|---|---|---|
| YTD Return | 2.76% | 3.66% |
| 1Y Return | 14.30% | 16.45% |
| 3Y Return (Ann) | 3.85% | 3.48% |
| 5Y Return (Ann) | 7.52% | 9.96% |
| 10Y Return (Ann) | 6.36% | 9.40% |
| Sharpe Ratio | 1.56 | 1.86 |
| Daily Std Dev | 8.81% | 8.68% |
| Max Drawdown | -41.06% | -42.81% |
| Current Drawdown | -3.46% | -3.27% |
Correlation
The correlation between AADBX and FBALX is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AADBX vs. FBALX - Performance Comparison
In the year-to-date period, AADBX achieves a 2.76% return, which is significantly lower than FBALX's 3.66% return. Over the past 10 years, AADBX has underperformed FBALX with an annualized return of 6.36%, while FBALX has yielded a comparatively higher 9.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AADBX vs. FBALX - Expense Ratio Comparison
AADBX has a 0.72% expense ratio, which is higher than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
AADBX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon Balanced Fund (AADBX) and Fidelity Balanced Fund (FBALX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AADBX vs. FBALX - Dividend Comparison
AADBX's dividend yield for the trailing twelve months is around 2.27%, less than FBALX's 2.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AADBX American Beacon Balanced Fund | 2.27% | 2.27% | 10.60% | 9.34% | 13.14% | 9.00% | 9.67% | 7.83% | 1.87% | 6.84% | 3.28% | 7.17% |
FBALX Fidelity Balanced Fund | 2.32% | 2.28% | 8.06% | 9.66% | 5.90% | 4.24% | 10.99% | 7.90% | 3.07% | 7.96% | 10.55% | 7.31% |
Drawdowns
AADBX vs. FBALX - Drawdown Comparison
The maximum AADBX drawdown since its inception was -41.06%, roughly equal to the maximum FBALX drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for AADBX and FBALX. For additional features, visit the drawdowns tool.
Volatility
AADBX vs. FBALX - Volatility Comparison
American Beacon Balanced Fund (AADBX) has a higher volatility of 2.73% compared to Fidelity Balanced Fund (FBALX) at 2.51%. This indicates that AADBX's price experiences larger fluctuations and is considered to be riskier than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.