FABLX vs. VOO
Compare and contrast key facts about Fidelity Advisor Balanced Fund Class A (FABLX) and Vanguard S&P 500 ETF (VOO).
FABLX is managed by Fidelity. It was launched on Sep 3, 1996. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FABLX or VOO.
Key characteristics
| FABLX | VOO | |
|---|---|---|
| YTD Return | 3.59% | 6.24% |
| 1Y Return | 17.37% | 26.43% |
| 3Y Return (Ann) | 3.55% | 8.07% |
| 5Y Return (Ann) | 9.84% | 13.29% |
| 10Y Return (Ann) | 9.07% | 12.51% |
| Sharpe Ratio | 1.98 | 2.21 |
| Daily Std Dev | 8.62% | 11.73% |
| Max Drawdown | -43.90% | -33.99% |
| Current Drawdown | -3.28% | -3.90% |
Correlation
The correlation between FABLX and VOO is 0.96, 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. VOO - Performance Comparison
In the year-to-date period, FABLX achieves a 3.59% return, which is significantly lower than VOO's 6.24% return. Over the past 10 years, FABLX has underperformed VOO with an annualized return of 9.07%, while VOO has yielded a comparatively higher 12.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FABLX vs. VOO - Expense Ratio Comparison
FABLX has a 0.81% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FABLX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Balanced Fund Class A (FABLX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FABLX's dividend yield for the trailing twelve months is around 1.53%, more than VOO's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FABLX Fidelity Advisor Balanced Fund Class A | 1.53% | 1.48% | 5.38% | 6.92% | 4.31% | 2.86% | 7.72% | 6.46% | 1.64% | 5.34% | 7.92% | 5.65% |
VOO Vanguard S&P 500 ETF | 1.39% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FABLX vs. VOO - Drawdown Comparison
The maximum FABLX drawdown since its inception was -43.90%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FABLX and VOO. For additional features, visit the drawdowns tool.
Volatility
FABLX vs. VOO - Volatility Comparison
The current volatility for Fidelity Advisor Balanced Fund Class A (FABLX) is 2.52%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.56%. This indicates that FABLX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.