BARIX vs. FBALX
Compare and contrast key facts about Baron Asset Fund Institutional Class (BARIX) and Fidelity Balanced Fund (FBALX).
BARIX is managed by Baron Capital Group. It was launched on May 29, 2009. FBALX is managed by Fidelity. It was launched on Nov 6, 1986.
Performance
BARIX vs. FBALX - Performance Comparison
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BARIX vs. FBALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BARIX Baron Asset Fund Institutional Class | -9.30% | 8.17% | 10.64% | 17.36% | -25.87% | 14.17% | 33.32% | 37.98% | 0.13% | 26.55% |
FBALX Fidelity Balanced Fund | -3.70% | 15.11% | 16.09% | 20.31% | -18.29% | 18.27% | 22.45% | 24.40% | -3.98% | 16.52% |
Returns By Period
In the year-to-date period, BARIX achieves a -9.30% return, which is significantly lower than FBALX's -3.70% return. Both investments have delivered pretty close results over the past 10 years, with BARIX having a 10.43% annualized return and FBALX not far ahead at 10.51%.
BARIX
- 1D
- 0.01%
- 1M
- -7.56%
- YTD
- -9.30%
- 6M
- -2.18%
- 1Y
- 1.03%
- 3Y*
- 6.54%
- 5Y*
- 1.73%
- 10Y*
- 10.43%
FBALX
- 1D
- -0.16%
- 1M
- -5.81%
- YTD
- -3.70%
- 6M
- -0.91%
- 1Y
- 13.97%
- 3Y*
- 12.91%
- 5Y*
- 7.44%
- 10Y*
- 10.51%
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BARIX vs. FBALX - Expense Ratio Comparison
BARIX has a 1.03% expense ratio, which is higher than FBALX's 0.51% expense ratio.
Return for Risk
BARIX vs. FBALX — Risk / Return Rank
BARIX
FBALX
BARIX vs. FBALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Asset Fund Institutional Class (BARIX) 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.
| BARIX | FBALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.14 | 1.22 | -1.09 |
Sortino ratioReturn per unit of downside risk | 0.36 | 1.78 | -1.42 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.27 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 0.09 | 1.61 | -1.52 |
Martin ratioReturn relative to average drawdown | 0.23 | 7.56 | -7.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BARIX | FBALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 1.22 | -1.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.09 | 0.62 | -0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.83 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.78 | -0.15 |
Correlation
The correlation between BARIX and FBALX is 0.88, 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.
Dividends
BARIX vs. FBALX - Dividend Comparison
BARIX's dividend yield for the trailing twelve months is around 11.67%, more than FBALX's 5.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BARIX Baron Asset Fund Institutional Class | 11.67% | 10.59% | 17.88% | 3.28% | 0.01% | 7.26% | 2.92% | 1.70% | 7.14% | 7.01% | 4.74% | 11.23% |
FBALX Fidelity Balanced Fund | 5.90% | 5.69% | 5.67% | 2.28% | 8.06% | 9.66% | 5.90% | 4.24% | 10.99% | 7.90% | 3.07% | 7.70% |
Drawdowns
BARIX vs. FBALX - Drawdown Comparison
The maximum BARIX drawdown since its inception was -37.44%, smaller than the maximum FBALX drawdown of -43.57%. Use the drawdown chart below to compare losses from any high point for BARIX and FBALX.
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Drawdown Indicators
| BARIX | FBALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.44% | -43.57% | +6.13% |
Max Drawdown (1Y)Largest decline over 1 year | -11.12% | -8.14% | -2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -37.44% | -22.89% | -14.55% |
Max Drawdown (10Y)Largest decline over 10 years | -37.44% | -26.68% | -10.76% |
Current DrawdownCurrent decline from peak | -10.67% | -6.47% | -4.20% |
Average DrawdownAverage peak-to-trough decline | -6.74% | -4.39% | -2.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.37% | 1.74% | +2.63% |
Volatility
BARIX vs. FBALX - Volatility Comparison
Baron Asset Fund Institutional Class (BARIX) and Fidelity Balanced Fund (FBALX) have volatilities of 3.35% and 3.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BARIX | FBALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 3.50% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 11.71% | 6.47% | +5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.99% | 11.80% | +7.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.65% | 12.15% | +7.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.83% | 12.73% | +7.10% |