FAIOX vs. MGC
Compare and contrast key facts about Fidelity Advisor Balanced Fund I Class (FAIOX) and Vanguard Mega Cap ETF (MGC).
FAIOX is managed by Fidelity. It was launched on Jul 3, 1995. MGC is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mega Cap Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAIOX or MGC.
Correlation
The correlation between FAIOX and MGC 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.
Performance
FAIOX vs. MGC - Performance Comparison
Key characteristics
FAIOX:
1.96
MGC:
2.31
FAIOX:
2.81
MGC:
3.03
FAIOX:
1.39
MGC:
1.43
FAIOX:
2.96
MGC:
3.31
FAIOX:
11.86
MGC:
14.90
FAIOX:
1.32%
MGC:
2.02%
FAIOX:
8.03%
MGC:
13.07%
FAIOX:
-43.60%
MGC:
-52.20%
FAIOX:
-0.88%
MGC:
-2.28%
Returns By Period
In the year-to-date period, FAIOX achieves a 15.30% return, which is significantly lower than MGC's 28.27% return. Over the past 10 years, FAIOX has underperformed MGC with an annualized return of 9.46%, while MGC has yielded a comparatively higher 13.70% annualized return.
FAIOX
15.30%
0.00%
4.50%
15.82%
10.67%
9.46%
MGC
28.27%
1.18%
9.48%
28.91%
15.71%
13.70%
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FAIOX vs. MGC - Expense Ratio Comparison
FAIOX has a 0.56% expense ratio, which is higher than MGC's 0.07% expense ratio.
Risk-Adjusted Performance
FAIOX vs. MGC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Balanced Fund I Class (FAIOX) and Vanguard Mega Cap ETF (MGC). 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
FAIOX vs. MGC - Dividend Comparison
FAIOX's dividend yield for the trailing twelve months is around 3.94%, more than MGC's 0.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAIOX Fidelity Advisor Balanced Fund I Class | 3.94% | 1.59% | 1.33% | 0.71% | 1.14% | 1.51% | 1.65% | 1.46% | 1.41% | 5.57% | 8.20% | 5.95% |
MGC Vanguard Mega Cap ETF | 0.84% | 1.35% | 1.65% | 1.17% | 1.45% | 1.81% | 2.10% | 1.82% | 2.14% | 2.11% | 1.81% | 1.86% |
Drawdowns
FAIOX vs. MGC - Drawdown Comparison
The maximum FAIOX drawdown since its inception was -43.60%, smaller than the maximum MGC drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for FAIOX and MGC. For additional features, visit the drawdowns tool.
Volatility
FAIOX vs. MGC - Volatility Comparison
The current volatility for Fidelity Advisor Balanced Fund I Class (FAIOX) is 0.00%, while Vanguard Mega Cap ETF (MGC) has a volatility of 3.91%. This indicates that FAIOX experiences smaller price fluctuations and is considered to be less risky than MGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.