FBAKX vs. AAAAX
Compare and contrast key facts about Fidelity Balanced Fund Class K (FBAKX) and DWS RREEF Real Assets Fund - Class A (AAAAX).
FBAKX is managed by Fidelity. It was launched on Nov 6, 1986. AAAAX is managed by DWS. It was launched on Jul 30, 2007.
Performance
FBAKX vs. AAAAX - Performance Comparison
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FBAKX vs. AAAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBAKX Fidelity Balanced Fund Class K | -3.70% | 15.19% | 16.17% | 20.40% | -18.22% | 18.40% | 22.51% | 24.50% | -3.89% | 16.62% |
AAAAX DWS RREEF Real Assets Fund - Class A | 8.59% | 12.82% | 5.24% | 2.30% | -9.91% | 23.45% | 3.71% | 21.42% | -5.36% | 14.67% |
Returns By Period
In the year-to-date period, FBAKX achieves a -3.70% return, which is significantly lower than AAAAX's 8.59% return. Over the past 10 years, FBAKX has outperformed AAAAX with an annualized return of 10.60%, while AAAAX has yielded a comparatively lower 7.28% annualized return.
FBAKX
- 1D
- -0.16%
- 1M
- -5.81%
- YTD
- -3.70%
- 6M
- -0.90%
- 1Y
- 14.05%
- 3Y*
- 12.99%
- 5Y*
- 7.52%
- 10Y*
- 10.60%
AAAAX
- 1D
- 0.36%
- 1M
- -4.37%
- YTD
- 8.59%
- 6M
- 10.72%
- 1Y
- 16.80%
- 3Y*
- 9.80%
- 5Y*
- 6.74%
- 10Y*
- 7.28%
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FBAKX vs. AAAAX - Expense Ratio Comparison
FBAKX has a 0.45% expense ratio, which is lower than AAAAX's 1.22% expense ratio.
Return for Risk
FBAKX vs. AAAAX — Risk / Return Rank
FBAKX
AAAAX
FBAKX vs. AAAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund Class K (FBAKX) and DWS RREEF Real Assets Fund - Class A (AAAAX). 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.
| FBAKX | AAAAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.24 | 1.49 | -0.25 |
Sortino ratioReturn per unit of downside risk | 1.79 | 2.00 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.30 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.59 | 1.80 | -0.21 |
Martin ratioReturn relative to average drawdown | 7.42 | 9.69 | -2.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FBAKX | AAAAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 1.49 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.56 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.58 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.38 | +0.25 |
Correlation
The correlation between FBAKX and AAAAX is 0.75, 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.
Dividends
FBAKX vs. AAAAX - Dividend Comparison
FBAKX's dividend yield for the trailing twelve months is around 5.94%, more than AAAAX's 3.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBAKX Fidelity Balanced Fund Class K | 5.94% | 5.72% | 5.74% | 2.35% | 8.15% | 9.74% | 5.97% | 4.31% | 11.09% | 7.98% | 3.16% | 7.79% |
AAAAX DWS RREEF Real Assets Fund - Class A | 3.26% | 3.54% | 2.45% | 2.08% | 4.17% | 2.31% | 1.33% | 1.81% | 1.61% | 1.52% | 1.47% | 2.15% |
Drawdowns
FBAKX vs. AAAAX - Drawdown Comparison
The maximum FBAKX drawdown since its inception was -41.40%, roughly equal to the maximum AAAAX drawdown of -40.47%. Use the drawdown chart below to compare losses from any high point for FBAKX and AAAAX.
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Drawdown Indicators
| FBAKX | AAAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.40% | -40.47% | -0.93% |
Max Drawdown (1Y)Largest decline over 1 year | -8.12% | -9.55% | +1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -22.84% | -22.62% | -0.22% |
Max Drawdown (10Y)Largest decline over 10 years | -26.68% | -29.41% | +2.73% |
Current DrawdownCurrent decline from peak | -6.47% | -4.57% | -1.90% |
Average DrawdownAverage peak-to-trough decline | -5.18% | -6.89% | +1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 1.77% | -0.03% |
Volatility
FBAKX vs. AAAAX - Volatility Comparison
Fidelity Balanced Fund Class K (FBAKX) has a higher volatility of 3.48% compared to DWS RREEF Real Assets Fund - Class A (AAAAX) at 3.03%. This indicates that FBAKX's price experiences larger fluctuations and is considered to be riskier than AAAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBAKX | AAAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.48% | 3.03% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 6.47% | 7.22% | -0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.79% | 11.60% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.16% | 12.18% | -0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.73% | 12.66% | +0.07% |