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BARIX vs. FBALX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

BARIX vs. FBALX

Last updated May 12, 2025

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.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BARIX or FBALX.

Correlation

The correlation between BARIX and FBALX is 0.80, 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

BARIX vs. FBALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Asset Fund Institutional Class (BARIX) and Fidelity Balanced Fund (FBALX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

BARIX:

13.36%

FBALX:

4.28%

Max Drawdown

BARIX:

-0.63%

FBALX:

-0.35%

Current Drawdown

BARIX:

-0.05%

FBALX:

0.00%

Returns By Period

BARIX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

FBALX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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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.

BARIX
Baron Asset Fund Institutional Class
FBALX
Fidelity Balanced Fund

Risk-Adjusted Performance

BARIX vs. FBALX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BARIX
The Risk-Adjusted Performance Rank of BARIX is 1111
Overall Rank
The Sharpe Ratio Rank of BARIX is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of BARIX is 1212
Sortino Ratio Rank
The Omega Ratio Rank of BARIX is 1111
Omega Ratio Rank
The Calmar Ratio Rank of BARIX is 1111
Calmar Ratio Rank
The Martin Ratio Rank of BARIX is 1212
Martin Ratio Rank
FBALX
The Risk-Adjusted Performance Rank of FBALX is 3737
Overall Rank
The Sharpe Ratio Rank of FBALX is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of FBALX is 3636
Sortino Ratio Rank
The Omega Ratio Rank of FBALX is 3535
Omega Ratio Rank
The Calmar Ratio Rank of FBALX is 4040
Calmar Ratio Rank
The Martin Ratio Rank of FBALX is 3737
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BARIX vs. FBALX - Risk-Adjusted Performance 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.

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Dividends

BARIX vs. FBALX - Dividend Comparison

BARIX has not paid dividends to shareholders, while FBALX's dividend yield for the trailing twelve months is around 1.88%.

TTM20242023202220212020201920182017201620152014
BARIX
Baron Asset Fund Institutional Class		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FBALX
Fidelity Balanced Fund		1.88%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

BARIX vs. FBALX - Drawdown Comparison

The maximum BARIX drawdown since its inception was -0.63%, which is greater than FBALX's maximum drawdown of -0.35%. Use the drawdown chart below to compare losses from any high point for BARIX and FBALX. For additional features, visit the drawdowns tool.

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Volatility

BARIX vs. FBALX - Volatility Comparison

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