FAIGX vs. ABALX
Compare and contrast key facts about Fidelity Advisor Balanced Fund Class M (FAIGX) and American Funds American Balanced Fund Class A (ABALX).
FAIGX is managed by Fidelity. It was launched on Jan 6, 1987. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAIGX or ABALX.
Key characteristics
| FAIGX | ABALX | |
|---|---|---|
| YTD Return | 14.85% | 15.67% |
| 1Y Return | 23.86% | 25.20% |
| 3Y Return (Ann) | 4.01% | 5.51% |
| 5Y Return (Ann) | 10.97% | 8.99% |
| 10Y Return (Ann) | 9.06% | 8.46% |
| Sharpe Ratio | 2.87 | 2.99 |
| Sortino Ratio | 4.09 | 4.26 |
| Omega Ratio | 1.55 | 1.57 |
| Calmar Ratio | 2.49 | 3.15 |
| Martin Ratio | 18.66 | 20.80 |
| Ulcer Index | 1.31% | 1.22% |
| Daily Std Dev | 8.49% | 8.49% |
| Max Drawdown | -44.19% | -39.31% |
| Current Drawdown | -0.89% | -0.08% |
Correlation
The correlation between FAIGX and ABALX is 0.87, 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
FAIGX vs. ABALX - Performance Comparison
In the year-to-date period, FAIGX achieves a 14.85% return, which is significantly lower than ABALX's 15.67% return. Over the past 10 years, FAIGX has outperformed ABALX with an annualized return of 9.06%, while ABALX has yielded a comparatively lower 8.46% 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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FAIGX vs. ABALX - Expense Ratio Comparison
FAIGX has a 1.06% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Risk-Adjusted Performance
FAIGX vs. ABALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Balanced Fund Class M (FAIGX) 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.
Dividends
FAIGX vs. ABALX - Dividend Comparison
FAIGX's dividend yield for the trailing twelve months is around 3.90%, more than ABALX's 2.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAIGX Fidelity Advisor Balanced Fund Class M | 3.90% | 1.14% | 0.79% | 0.22% | 0.70% | 1.05% | 1.08% | 0.97% | 0.95% | 4.95% | 7.47% | 5.28% |
ABALX American Funds American Balanced Fund Class A | 2.14% | 2.36% | 1.69% | 1.20% | 1.32% | 1.91% | 2.10% | 1.79% | 1.77% | 2.47% | 8.09% | 1.54% |
Drawdowns
FAIGX vs. ABALX - Drawdown Comparison
The maximum FAIGX drawdown since its inception was -44.19%, which is greater than ABALX's maximum drawdown of -39.31%. Use the drawdown chart below to compare losses from any high point for FAIGX and ABALX. For additional features, visit the drawdowns tool.
Volatility
FAIGX vs. ABALX - Volatility Comparison
The current volatility for Fidelity Advisor Balanced Fund Class M (FAIGX) is 1.32%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 2.36%. This indicates that FAIGX 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.