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BALFX vs. FPURX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BALFX vs. FPURX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds American Balanced Fund (BALFX) and Fidelity Puritan Fund (FPURX). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.09%
8.48%
BALFX
FPURX

Returns By Period

In the year-to-date period, BALFX achieves a 14.50% return, which is significantly lower than FPURX's 19.13% return. Over the past 10 years, BALFX has outperformed FPURX with an annualized return of 8.14%, while FPURX has yielded a comparatively lower 4.71% annualized return.


BALFX

YTD

14.50%

1M

-0.41%

6M

7.45%

1Y

20.62%

5Y (annualized)

8.58%

10Y (annualized)

8.14%

FPURX

YTD

19.13%

1M

0.67%

6M

8.19%

1Y

24.13%

5Y (annualized)

5.71%

10Y (annualized)

4.71%

Key characteristics


BALFXFPURX
Sharpe Ratio2.452.38
Sortino Ratio3.463.35
Omega Ratio1.461.44
Calmar Ratio3.991.09
Martin Ratio16.3414.16
Ulcer Index1.25%1.69%
Daily Std Dev8.34%10.02%
Max Drawdown-39.30%-33.59%
Current Drawdown-1.79%-3.09%

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BALFX vs. FPURX - Expense Ratio Comparison

BALFX has a 0.62% expense ratio, which is higher than FPURX's 0.50% expense ratio.


BALFX
American Funds American Balanced Fund
Expense ratio chart for BALFX: current value at 0.62% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.62%
Expense ratio chart for FPURX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Correlation

-0.50.00.51.00.9

The correlation between BALFX and FPURX is 0.93, 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.

Risk-Adjusted Performance

BALFX vs. FPURX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund (BALFX) and Fidelity Puritan Fund (FPURX). 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.


Sharpe ratio
The chart of Sharpe ratio for BALFX, currently valued at 2.45, compared to the broader market-1.000.001.002.003.004.005.002.452.38
The chart of Sortino ratio for BALFX, currently valued at 3.46, compared to the broader market0.005.0010.003.463.35
The chart of Omega ratio for BALFX, currently valued at 1.46, compared to the broader market1.002.003.004.001.461.44
The chart of Calmar ratio for BALFX, currently valued at 3.99, compared to the broader market0.005.0010.0015.0020.0025.003.991.09
The chart of Martin ratio for BALFX, currently valued at 16.34, compared to the broader market0.0020.0040.0060.0080.00100.0016.3414.16
BALFX
FPURX

The current BALFX Sharpe Ratio is 2.45, which is comparable to the FPURX Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of BALFX and FPURX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.45
2.38
BALFX
FPURX

Dividends

BALFX vs. FPURX - Dividend Comparison

BALFX's dividend yield for the trailing twelve months is around 2.11%, more than FPURX's 1.71% yield.


TTM20232022202120202019201820172016201520142013
BALFX
American Funds American Balanced Fund
2.11%2.31%1.63%1.13%1.28%1.85%2.02%1.71%1.71%2.40%8.02%1.51%
FPURX
Fidelity Puritan Fund
1.71%1.71%1.62%1.01%1.09%1.52%1.83%1.33%1.75%7.94%9.74%10.25%

Drawdowns

BALFX vs. FPURX - Drawdown Comparison

The maximum BALFX drawdown since its inception was -39.30%, which is greater than FPURX's maximum drawdown of -33.59%. Use the drawdown chart below to compare losses from any high point for BALFX and FPURX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.79%
-3.09%
BALFX
FPURX

Volatility

BALFX vs. FPURX - Volatility Comparison

The current volatility for American Funds American Balanced Fund (BALFX) is 2.46%, while Fidelity Puritan Fund (FPURX) has a volatility of 3.02%. This indicates that BALFX experiences smaller price fluctuations and is considered to be less risky than FPURX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.46%
3.02%
BALFX
FPURX