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FAIGX vs. FBALX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FAIGX and FBALX is 0.95, 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

FAIGX vs. FBALX - Performance Comparison

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

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.32%
5.04%
FAIGX
FBALX

Key characteristics

Sharpe Ratio

FAIGX:

1.89

FBALX:

1.85

Sortino Ratio

FAIGX:

2.72

FBALX:

2.56

Omega Ratio

FAIGX:

1.38

FBALX:

1.34

Calmar Ratio

FAIGX:

2.86

FBALX:

3.09

Martin Ratio

FAIGX:

11.37

FBALX:

12.06

Ulcer Index

FAIGX:

1.34%

FBALX:

1.36%

Daily Std Dev

FAIGX:

8.04%

FBALX:

8.84%

Max Drawdown

FAIGX:

-44.19%

FBALX:

-42.81%

Current Drawdown

FAIGX:

-0.89%

FBALX:

-3.42%

Returns By Period

In the year-to-date period, FAIGX achieves a 14.85% return, which is significantly lower than FBALX's 15.94% return. Over the past 10 years, FAIGX has underperformed FBALX with an annualized return of 8.90%, while FBALX has yielded a comparatively higher 9.49% annualized return.


FAIGX

YTD

14.85%

1M

0.00%

6M

4.25%

1Y

16.13%

5Y*

10.15%

10Y*

8.90%

FBALX

YTD

15.94%

1M

-0.83%

6M

4.97%

1Y

17.25%

5Y*

10.61%

10Y*

9.49%

Compare stocks, funds, or ETFs

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


FAIGX vs. FBALX - Expense Ratio Comparison

FAIGX has a 1.06% expense ratio, which is higher than FBALX's 0.51% expense ratio.


FAIGX
Fidelity Advisor Balanced Fund Class M
Expense ratio chart for FAIGX: current value at 1.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.06%
Expense ratio chart for FBALX: current value at 0.51% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.51%

Risk-Adjusted Performance

FAIGX vs. FBALX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Balanced Fund Class M (FAIGX) 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.


Sharpe ratio
The chart of Sharpe ratio for FAIGX, currently valued at 1.89, compared to the broader market-1.000.001.002.003.004.001.891.85
The chart of Sortino ratio for FAIGX, currently valued at 2.72, compared to the broader market-2.000.002.004.006.008.0010.002.722.56
The chart of Omega ratio for FAIGX, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.003.501.381.34
The chart of Calmar ratio for FAIGX, currently valued at 2.86, compared to the broader market0.002.004.006.008.0010.0012.0014.002.863.09
The chart of Martin ratio for FAIGX, currently valued at 11.37, compared to the broader market0.0020.0040.0060.0011.3712.06
FAIGX
FBALX

The current FAIGX Sharpe Ratio is 1.89, which is comparable to the FBALX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of FAIGX and FBALX, 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 Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.89
1.85
FAIGX
FBALX

Dividends

FAIGX vs. FBALX - Dividend Comparison

FAIGX's dividend yield for the trailing twelve months is around 3.90%, more than FBALX's 1.78% yield.


TTM20232022202120202019201820172016201520142013
FAIGX
Fidelity Advisor Balanced Fund Class M
3.58%1.14%0.79%0.22%0.70%1.05%1.08%0.97%0.95%4.95%7.47%5.28%
FBALX
Fidelity Balanced Fund
1.33%1.70%1.47%0.88%1.29%1.70%1.85%1.58%1.61%7.96%10.55%7.31%

Drawdowns

FAIGX vs. FBALX - Drawdown Comparison

The maximum FAIGX drawdown since its inception was -44.19%, roughly equal to the maximum FBALX drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for FAIGX and FBALX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.89%
-3.42%
FAIGX
FBALX

Volatility

FAIGX vs. FBALX - Volatility Comparison

The current volatility for Fidelity Advisor Balanced Fund Class M (FAIGX) is 0.00%, while Fidelity Balanced Fund (FBALX) has a volatility of 2.81%. This indicates that FAIGX 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.


0.00%1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember0
2.81%
FAIGX
FBALX
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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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