FAGIX vs. FBALX
Compare and contrast key facts about Fidelity Capital & Income Fund (FAGIX) and Fidelity Balanced Fund (FBALX).
FAGIX is managed by Fidelity. It was launched on Nov 1, 1977. FBALX is managed by Fidelity. It was launched on Nov 6, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAGIX or FBALX.
Key characteristics
| FAGIX | FBALX | |
|---|---|---|
| YTD Return | 5.02% | 7.77% |
| 1Y Return | 14.10% | 18.82% |
| 3Y Return (Ann) | 3.74% | 5.17% |
| 5Y Return (Ann) | 6.78% | 11.26% |
| 10Y Return (Ann) | 6.16% | 9.70% |
| Sharpe Ratio | 3.00 | 2.26 |
| Daily Std Dev | 4.71% | 8.73% |
| Max Drawdown | -37.80% | -42.81% |
| Current Drawdown | -0.30% | -0.31% |
Correlation
The correlation between FAGIX and FBALX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FAGIX vs. FBALX - Performance Comparison
In the year-to-date period, FAGIX achieves a 5.02% return, which is significantly lower than FBALX's 7.77% return. Over the past 10 years, FAGIX has underperformed FBALX with an annualized return of 6.16%, while FBALX has yielded a comparatively higher 9.70% 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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FAGIX vs. FBALX - Expense Ratio Comparison
FAGIX has a 0.67% expense ratio, which is higher than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
FAGIX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Capital & Income Fund (FAGIX) and Fidelity Balanced Fund (FBALX). 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
FAGIX vs. FBALX - Dividend Comparison
FAGIX's dividend yield for the trailing twelve months is around 5.19%, more than FBALX's 2.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGIX Fidelity Capital & Income Fund | 5.19% | 5.29% | 11.37% | 6.55% | 4.88% | 4.98% | 7.31% | 5.03% | 4.12% | 5.00% | 8.04% | 5.47% |
FBALX Fidelity Balanced Fund | 2.23% | 2.28% | 8.06% | 9.66% | 5.90% | 4.24% | 10.99% | 7.90% | 3.07% | 7.96% | 10.55% | 7.31% |
Drawdowns
FAGIX vs. FBALX - Drawdown Comparison
The maximum FAGIX drawdown since its inception was -37.80%, smaller than the maximum FBALX drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for FAGIX and FBALX. For additional features, visit the drawdowns tool.
Volatility
FAGIX vs. FBALX - Volatility Comparison
The current volatility for Fidelity Capital & Income Fund (FAGIX) is 1.64%, while Fidelity Balanced Fund (FBALX) has a volatility of 2.67%. This indicates that FAGIX experiences smaller price fluctuations and is considered to be less risky than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.