BHBFX vs. FBLEX
BHBFX (Madison Dividend Income Fund) and FBLEX (Fidelity Series Stock Selector Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, BHBFX returned 9.76%/yr vs 12.40%/yr for FBLEX. Their correlation of 0.91 suggests significant overlap in exposure. BHBFX charges 0.91%/yr vs 0.01%/yr for FBLEX.
Performance
BHBFX vs. FBLEX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BHBFX achieves a 8.24% return, which is significantly lower than FBLEX's 10.21% return. Over the past 10 years, BHBFX has underperformed FBLEX with an annualized return of 9.76%, while FBLEX has yielded a comparatively higher 12.40% annualized return.
BHBFX
- 1D
- 0.04%
- 1M
- -0.83%
- YTD
- 8.24%
- 6M
- 7.61%
- 1Y
- 14.37%
- 3Y*
- 9.28%
- 5Y*
- 6.28%
- 10Y*
- 9.76%
FBLEX
- 1D
- -0.13%
- 1M
- 1.97%
- YTD
- 10.21%
- 6M
- 9.61%
- 1Y
- 23.97%
- 3Y*
- 19.60%
- 5Y*
- 12.48%
- 10Y*
- 12.40%
BHBFX vs. FBLEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BHBFX Madison Dividend Income Fund | 8.24% | 8.19% | 7.62% | 1.76% | -5.50% | 22.82% | 6.34% | 25.17% | -0.81% | 19.94% |
FBLEX Fidelity Series Stock Selector Large Cap Value Fund | 10.21% | 17.06% | 18.04% | 15.60% | -4.82% | 26.83% | 4.34% | 25.57% | -9.04% | 12.38% |
Correlation
The correlation between BHBFX and FBLEX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2012 | 0.91 |
The correlation between BHBFX and FBLEX has been stable across timeframes, ranging from 0.82 to 0.91 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BHBFX vs. FBLEX — Risk / Return Rank
BHBFX
FBLEX
BHBFX vs. FBLEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Dividend Income Fund (BHBFX) and Fidelity Series Stock Selector Large Cap Value Fund (FBLEX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BHBFX | FBLEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.41 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 3.63 | -1.35 |
| Martin ratioReturn relative to average drawdown | 6.37 | 14.62 | -8.25 |
Loading charts...
Drawdowns
BHBFX vs. FBLEX - Drawdown Comparison
The maximum BHBFX drawdown since its inception was -34.07%, smaller than the maximum FBLEX drawdown of -39.73%. Use the drawdown chart below to compare losses from any high point for BHBFX and FBLEX.
Loading charts...
Drawdown Indicators
| BHBFX | FBLEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.07% | -39.73% | +5.66% |
Max Drawdown (1Y)Largest decline over 1 year | -6.39% | -6.89% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -14.32% | -14.71% | +0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -23.80% | -19.00% | -4.80% |
Max Drawdown (10Y)Largest decline over 10 years | -32.34% | -39.73% | +7.39% |
Current DrawdownCurrent decline from peak | -2.13% | -0.77% | -1.36% |
Average DrawdownAverage peak-to-trough decline | -3.70% | -3.81% | +0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 1.70% | +0.58% |
Volatility
BHBFX vs. FBLEX - Volatility Comparison
The current volatility for Madison Dividend Income Fund (BHBFX) is 3.06%, while Fidelity Series Stock Selector Large Cap Value Fund (FBLEX) has a volatility of 3.35%. This indicates that BHBFX experiences smaller price fluctuations and is considered to be less risky than FBLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BHBFX | FBLEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.06% | 3.35% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 7.44% | 8.21% | -0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.23% | 10.83% | -0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.58% | 14.79% | +0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.35% | 17.41% | -0.06% |
BHBFX vs. FBLEX - Expense Ratio Comparison
BHBFX has a 0.91% expense ratio, which is higher than FBLEX's 0.01% expense ratio.
Dividends
BHBFX vs. FBLEX - Dividend Comparison
BHBFX's dividend yield for the trailing twelve months is around 11.59%, more than FBLEX's 10.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHBFX Madison Dividend Income Fund | 11.59% | 12.41% | 14.14% | 6.01% | 9.39% | 11.53% | 1.53% | 3.95% | 12.73% | 3.89% | 3.76% | 6.06% |
FBLEX Fidelity Series Stock Selector Large Cap Value Fund | 10.08% | 9.95% | 12.63% | 5.05% | 12.66% | 14.51% | 3.85% | 5.65% | 10.97% | 7.09% | 2.47% | 13.81% |
Frequently Asked Questions
BHBFX and FBLEX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FBLEX has higher volatility (3.35%) compared to BHBFX (3.06%). In terms of maximum drawdown, BHBFX dropped -34.07% vs FBLEX's -39.73%.
FBLEX currently has the higher Sharpe Ratio (2.31 vs 1.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BHBFX and FBLEX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer