CBALX vs. FXAIX
Compare and contrast key facts about Columbia Balanced Fund (CBALX) and Fidelity 500 Index Fund (FXAIX).
CBALX is managed by Columbia Threadneedle. It was launched on Sep 30, 1991. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBALX or FXAIX.
Correlation
The correlation between CBALX and FXAIX is 0.97, 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
CBALX vs. FXAIX - Performance Comparison
Key characteristics
CBALX:
1.07
FXAIX:
2.20
CBALX:
1.35
FXAIX:
2.91
CBALX:
1.22
FXAIX:
1.40
CBALX:
1.07
FXAIX:
3.35
CBALX:
4.15
FXAIX:
13.96
CBALX:
2.63%
FXAIX:
2.03%
CBALX:
10.18%
FXAIX:
12.88%
CBALX:
-35.45%
FXAIX:
-33.79%
CBALX:
-6.87%
FXAIX:
-1.40%
Returns By Period
In the year-to-date period, CBALX achieves a 1.19% return, which is significantly lower than FXAIX's 2.01% return. Over the past 10 years, CBALX has underperformed FXAIX with an annualized return of 5.31%, while FXAIX has yielded a comparatively higher 13.38% annualized return.
CBALX
1.19%
0.64%
-1.09%
9.51%
4.67%
5.31%
FXAIX
2.01%
1.20%
8.49%
25.60%
14.38%
13.38%
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CBALX vs. FXAIX - Expense Ratio Comparison
CBALX has a 0.67% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
CBALX vs. FXAIX — Risk-Adjusted Performance Rank
CBALX
FXAIX
CBALX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Balanced Fund (CBALX) and Fidelity 500 Index Fund (FXAIX). 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
CBALX vs. FXAIX - Dividend Comparison
CBALX's dividend yield for the trailing twelve months is around 2.14%, more than FXAIX's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBALX Columbia Balanced Fund | 2.14% | 2.16% | 1.84% | 1.51% | 0.86% | 1.25% | 1.69% | 1.74% | 1.29% | 1.26% | 2.12% | 1.09% |
FXAIX Fidelity 500 Index Fund | 1.22% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 4.15% | 3.95% |
Drawdowns
CBALX vs. FXAIX - Drawdown Comparison
The maximum CBALX drawdown since its inception was -35.45%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for CBALX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
CBALX vs. FXAIX - Volatility Comparison
The current volatility for Columbia Balanced Fund (CBALX) is 3.51%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 5.07%. This indicates that CBALX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.