FANAX vs. FBALX
Compare and contrast key facts about Fidelity Advisor Energy Fund Class A (FANAX) and Fidelity Balanced Fund (FBALX).
FANAX is managed by Fidelity. It was launched on Sep 3, 1996. 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: FANAX or FBALX.
Performance
FANAX vs. FBALX - Performance Comparison
Returns By Period
In the year-to-date period, FANAX achieves a 14.03% return, which is significantly lower than FBALX's 17.26% return. Over the past 10 years, FANAX has underperformed FBALX with an annualized return of 3.71%, while FBALX has yielded a comparatively higher 9.67% annualized return.
FANAX
14.03%
5.97%
1.78%
12.76%
15.61%
3.71%
FBALX
17.26%
1.07%
9.11%
22.73%
11.54%
9.67%
Key characteristics
| FANAX | FBALX | |
|---|---|---|
| Sharpe Ratio | 0.66 | 2.68 |
| Sortino Ratio | 0.99 | 3.77 |
| Omega Ratio | 1.12 | 1.50 |
| Calmar Ratio | 0.77 | 3.50 |
| Martin Ratio | 1.77 | 17.47 |
| Ulcer Index | 7.04% | 1.32% |
| Daily Std Dev | 18.82% | 8.58% |
| Max Drawdown | -76.21% | -42.81% |
| Current Drawdown | -4.96% | -0.75% |
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FANAX vs. FBALX - Expense Ratio Comparison
FANAX has a 1.05% expense ratio, which is higher than FBALX's 0.51% expense ratio.
Correlation
The correlation between FANAX and FBALX is 0.63, 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.
Risk-Adjusted Performance
FANAX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Energy Fund Class A (FANAX) 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
FANAX vs. FBALX - Dividend Comparison
FANAX's dividend yield for the trailing twelve months is around 1.80%, more than FBALX's 1.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FANAX Fidelity Advisor Energy Fund Class A | 1.80% | 2.06% | 2.08% | 2.14% | 3.28% | 1.59% | 0.81% | 1.39% | 0.00% | 0.74% | 6.21% | 5.45% |
FBALX Fidelity Balanced Fund | 1.76% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 7.96% | 10.55% | 7.31% |
Drawdowns
FANAX vs. FBALX - Drawdown Comparison
The maximum FANAX drawdown since its inception was -76.21%, which is greater than FBALX's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for FANAX and FBALX. For additional features, visit the drawdowns tool.
Volatility
FANAX vs. FBALX - Volatility Comparison
Fidelity Advisor Energy Fund Class A (FANAX) has a higher volatility of 5.02% compared to Fidelity Balanced Fund (FBALX) at 2.68%. This indicates that FANAX's price experiences larger fluctuations and is considered to be riskier than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.