FBAKX vs. FCTDX
FBAKX (Fidelity Balanced Fund Class K) and FCTDX (Strategic Advisers Fidelity U.S. Total Stock Fund) are both mutual funds - FBAKX is a Diversified Portfolio fund managed by Fidelity, while FCTDX is a Large Cap Blend Equities fund actively managed by Fidelity. Over the past 5 years, FBAKX returned 8.62%/yr vs 12.15%/yr for FCTDX. Their correlation of 0.94 means they have usually moved in the same direction. FBAKX charges 0.45%/yr vs 0.61%/yr for FCTDX.
Performance
FBAKX vs. FCTDX - Performance Comparison
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Returns By Period
In the year-to-date period, FBAKX achieves a 9.00% return, which is significantly lower than FCTDX's 12.81% return.
FBAKX
- 1D
- 1.16%
- 1M
- -0.97%
- 6M
- 7.03%
- YTD
- 9.00%
- 1Y
- 18.27%
- 3Y*
- 14.71%
- 5Y*
- 8.62%
- 10Y*
- 11.39%
- ALL TIME*
- 8.97%
FCTDX
- 1D
- 1.57%
- 1M
- -0.66%
- 6M
- 9.69%
- YTD
- 12.81%
- 1Y
- 22.60%
- 3Y*
- 19.08%
- 5Y*
- 12.15%
- 10Y*
- —
- ALL TIME*
- 14.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FBAKX vs. FCTDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FBAKX Fidelity Balanced Fund Class K | 9.00% | 15.19% | 16.17% | 20.40% | -18.22% | 18.40% | 22.51% | 23.94% | -4.05% |
FCTDX Strategic Advisers Fidelity U.S. Total Stock Fund | 12.81% | 15.63% | 23.13% | 26.72% | -17.93% | 25.40% | 22.20% | 29.99% | -5.32% |
Correlation
The correlation between FBAKX and FCTDX is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.86 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2018 | 0.94 |
The correlation between FBAKX and FCTDX shifts across timeframes, from 0.83 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FBAKX vs. FCTDX — Risk / Return Rank
FBAKX
FCTDX
FBAKX vs. FCTDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund Class K (FBAKX) and Strategic Advisers Fidelity U.S. Total Stock Fund (FCTDX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FBAKX | FCTDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.34 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 2.92 | -0.23 |
| Martin ratioReturn relative to average drawdown | 12.11 | 13.57 | -1.45 |
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Drawdowns
FBAKX vs. FCTDX - Drawdown Comparison
The maximum FBAKX drawdown since its inception was -41.40%, which is greater than FCTDX's maximum drawdown of -34.51%. Use the drawdown chart below to compare losses from any high point for FBAKX and FCTDX.
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Drawdown Indicators
| FBAKX | FCTDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.40% | -34.51% | -6.89% |
Max Drawdown (1Y)Largest decline over 1 year | -6.47% | -8.96% | +2.49% |
Max Drawdown (3Y)Largest decline over 3 years | -12.85% | -19.08% | +6.23% |
Max Drawdown (5Y)Largest decline over 5 years | -22.84% | -24.92% | +2.08% |
Max Drawdown (10Y)Largest decline over 10 years | -26.68% | — | — |
Current DrawdownCurrent decline from peak | -1.73% | -1.43% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -5.10% | -5.11% | +0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 1.86% | -0.43% |
Volatility
FBAKX vs. FCTDX - Volatility Comparison
The current volatility for Fidelity Balanced Fund Class K (FBAKX) is 2.56%, while Strategic Advisers Fidelity U.S. Total Stock Fund (FCTDX) has a volatility of 3.20%. This indicates that FBAKX experiences smaller price fluctuations and is considered to be less risky than FCTDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBAKX | FCTDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.56% | 3.20% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 7.72% | 10.77% | -3.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.51% | 13.65% | -4.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.28% | 17.59% | -5.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.79% | 19.58% | -6.79% |
FBAKX vs. FCTDX - Expense Ratio Comparison
FBAKX has a 0.45% expense ratio, which is lower than FCTDX's 0.61% expense ratio.
Dividends
FBAKX vs. FCTDX - Dividend Comparison
FBAKX's dividend yield for the trailing twelve months is around 5.25%, less than FCTDX's 5.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBAKX Fidelity Balanced Fund Class K | 5.25% | 5.72% | 5.74% | 2.35% | 8.15% | 9.74% | 5.97% | 3.87% | 11.09% | 7.98% | 3.16% | 7.79% |
FCTDX Strategic Advisers Fidelity U.S. Total Stock Fund | 5.64% | 1.90% | 4.33% | 2.26% | 5.75% | 7.90% | 2.73% | 2.89% | 2.38% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FBAKX and FCTDX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCTDX has higher volatility (3.20%) compared to FBAKX (2.56%). In terms of maximum drawdown, FBAKX dropped -41.40% vs FCTDX's -34.51%.
FCTDX currently has the higher Sharpe Ratio (1.92 vs 1.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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