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FABLX vs. ABALX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FABLX and ABALX is 0.90, 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.


-0.50.00.51.00.9

Performance

FABLX vs. ABALX - Performance Comparison

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

450.00%500.00%550.00%600.00%650.00%700.00%JulyAugustSeptemberOctoberNovemberDecember
496.10%
624.89%
FABLX
ABALX

Key characteristics

Sharpe Ratio

FABLX:

1.93

ABALX:

0.97

Sortino Ratio

FABLX:

2.78

ABALX:

1.25

Omega Ratio

FABLX:

1.39

ABALX:

1.20

Calmar Ratio

FABLX:

2.90

ABALX:

1.18

Martin Ratio

FABLX:

11.65

ABALX:

6.12

Ulcer Index

FABLX:

1.33%

ABALX:

1.60%

Daily Std Dev

FABLX:

8.02%

ABALX:

10.12%

Max Drawdown

FABLX:

-43.91%

ABALX:

-39.31%

Current Drawdown

FABLX:

-0.86%

ABALX:

-7.61%

Returns By Period

In the year-to-date period, FABLX achieves a 15.12% return, which is significantly higher than ABALX's 8.45% return. Over the past 10 years, FABLX has outperformed ABALX with an annualized return of 9.18%, while ABALX has yielded a comparatively lower 8.16% annualized return.


FABLX

YTD

15.12%

1M

0.00%

6M

4.42%

1Y

15.60%

5Y*

10.41%

10Y*

9.18%

ABALX

YTD

8.45%

1M

-5.34%

6M

-0.56%

1Y

9.06%

5Y*

6.93%

10Y*

8.16%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FABLX vs. ABALX - Expense Ratio Comparison

FABLX has a 0.81% expense ratio, which is higher than ABALX's 0.56% expense ratio.


FABLX
Fidelity Advisor Balanced Fund Class A
Expense ratio chart for FABLX: current value at 0.81% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.81%
Expense ratio chart for ABALX: current value at 0.56% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.56%

Risk-Adjusted Performance

FABLX vs. ABALX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Balanced Fund Class A (FABLX) and American Funds American Balanced Fund Class A (ABALX). 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 FABLX, currently valued at 2.05, compared to the broader market-1.000.001.002.003.004.002.050.97
The chart of Sortino ratio for FABLX, currently valued at 2.95, compared to the broader market-2.000.002.004.006.008.0010.002.951.25
The chart of Omega ratio for FABLX, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.003.501.411.20
The chart of Calmar ratio for FABLX, currently valued at 3.06, compared to the broader market0.002.004.006.008.0010.0012.0014.003.061.18
The chart of Martin ratio for FABLX, currently valued at 12.30, compared to the broader market0.0020.0040.0060.0012.306.12
FABLX
ABALX

The current FABLX Sharpe Ratio is 1.93, which is higher than the ABALX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of FABLX and ABALX, 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.05
0.97
FABLX
ABALX

Dividends

FABLX vs. ABALX - Dividend Comparison

FABLX's dividend yield for the trailing twelve months is around 3.85%, more than ABALX's 0.96% yield.


TTM20232022202120202019201820172016201520142013
FABLX
Fidelity Advisor Balanced Fund Class A
3.85%1.40%1.10%0.50%0.95%1.32%1.39%1.23%1.20%5.34%7.92%5.65%
ABALX
American Funds American Balanced Fund Class A
0.96%2.36%1.69%1.20%1.32%1.91%2.10%1.79%1.77%2.47%8.09%1.54%

Drawdowns

FABLX vs. ABALX - Drawdown Comparison

The maximum FABLX drawdown since its inception was -43.91%, which is greater than ABALX's maximum drawdown of -39.31%. Use the drawdown chart below to compare losses from any high point for FABLX and ABALX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.86%
-7.61%
FABLX
ABALX

Volatility

FABLX vs. ABALX - Volatility Comparison

The current volatility for Fidelity Advisor Balanced Fund Class A (FABLX) is 0.00%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 6.16%. This indicates that FABLX experiences smaller price fluctuations and is considered to be less risky than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember0
6.16%
FABLX
ABALX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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