FABLX vs. TIBAX
Compare and contrast key facts about Fidelity Advisor Balanced Fund Class A (FABLX) and Thornburg Investment Income Builder Fund (TIBAX).
FABLX is managed by Fidelity. It was launched on Sep 3, 1996. TIBAX is managed by Thornburg. It was launched on Dec 23, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FABLX or TIBAX.
Key characteristics
| FABLX | TIBAX | |
|---|---|---|
| YTD Return | 15.12% | 13.25% |
| 1Y Return | 24.19% | 23.23% |
| 3Y Return (Ann) | 4.28% | 8.08% |
| 5Y Return (Ann) | 11.26% | 8.46% |
| 10Y Return (Ann) | 9.35% | 6.99% |
| Sharpe Ratio | 2.91 | 2.74 |
| Sortino Ratio | 4.16 | 3.87 |
| Omega Ratio | 1.56 | 1.51 |
| Calmar Ratio | 2.64 | 4.62 |
| Martin Ratio | 19.02 | 18.73 |
| Ulcer Index | 1.30% | 1.20% |
| Daily Std Dev | 8.48% | 8.23% |
| Max Drawdown | -43.91% | -46.73% |
| Current Drawdown | -0.86% | -2.56% |
Correlation
The correlation between FABLX and TIBAX is 0.78, 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
FABLX vs. TIBAX - Performance Comparison
In the year-to-date period, FABLX achieves a 15.12% return, which is significantly higher than TIBAX's 13.25% return. Over the past 10 years, FABLX has outperformed TIBAX with an annualized return of 9.35%, while TIBAX has yielded a comparatively lower 6.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. TIBAX - Expense Ratio Comparison
FABLX has a 0.81% expense ratio, which is lower than TIBAX's 1.14% expense ratio.
Risk-Adjusted Performance
FABLX vs. TIBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Balanced Fund Class A (FABLX) and Thornburg Investment Income Builder Fund (TIBAX). 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
FABLX vs. TIBAX - Dividend Comparison
FABLX's dividend yield for the trailing twelve months is around 4.25%, less than TIBAX's 4.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FABLX Fidelity Advisor Balanced Fund Class A | 4.25% | 1.40% | 1.10% | 0.50% | 0.95% | 1.32% | 1.39% | 1.23% | 1.20% | 5.34% | 7.92% | 5.65% |
TIBAX Thornburg Investment Income Builder Fund | 4.33% | 4.67% | 5.62% | 5.10% | 4.11% | 4.23% | 4.49% | 4.22% | 3.83% | 4.31% | 5.20% | 4.61% |
Drawdowns
FABLX vs. TIBAX - Drawdown Comparison
The maximum FABLX drawdown since its inception was -43.91%, smaller than the maximum TIBAX drawdown of -46.73%. Use the drawdown chart below to compare losses from any high point for FABLX and TIBAX. For additional features, visit the drawdowns tool.
Volatility
FABLX vs. TIBAX - Volatility Comparison
The current volatility for Fidelity Advisor Balanced Fund Class A (FABLX) is 1.28%, while Thornburg Investment Income Builder Fund (TIBAX) has a volatility of 1.68%. This indicates that FABLX experiences smaller price fluctuations and is considered to be less risky than TIBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.