FBAKX vs. VFIAX
Compare and contrast key facts about Fidelity Balanced Fund Class K (FBAKX) and Vanguard 500 Index Fund Admiral Shares (VFIAX).
FBAKX is managed by Fidelity. It was launched on Nov 6, 1986. VFIAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBAKX or VFIAX.
Key characteristics
| FBAKX | VFIAX | |
|---|---|---|
| YTD Return | 3.72% | 6.02% |
| 1Y Return | 14.89% | 22.67% |
| 3Y Return (Ann) | 3.70% | 8.03% |
| 5Y Return (Ann) | 10.68% | 13.39% |
| 10Y Return (Ann) | 9.69% | 12.40% |
| Sharpe Ratio | 1.65 | 1.93 |
| Daily Std Dev | 8.73% | 11.70% |
| Max Drawdown | -40.94% | -55.20% |
| Current Drawdown | -3.22% | -4.09% |
Correlation
The correlation between FBAKX and VFIAX is 0.96, 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
FBAKX vs. VFIAX - Performance Comparison
In the year-to-date period, FBAKX achieves a 3.72% return, which is significantly lower than VFIAX's 6.02% return. Over the past 10 years, FBAKX has underperformed VFIAX with an annualized return of 9.69%, while VFIAX has yielded a comparatively higher 12.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FBAKX vs. VFIAX - Expense Ratio Comparison
FBAKX has a 0.45% expense ratio, which is higher than VFIAX's 0.04% expense ratio.
Risk-Adjusted Performance
FBAKX vs. VFIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund Class K (FBAKX) and Vanguard 500 Index Fund Admiral Shares (VFIAX). 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
FBAKX vs. VFIAX - Dividend Comparison
FBAKX's dividend yield for the trailing twelve months is around 2.39%, more than VFIAX's 1.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBAKX Fidelity Balanced Fund Class K | 2.39% | 2.35% | 8.15% | 9.74% | 5.97% | 6.39% | 11.09% | 7.98% | 3.16% | 8.48% | 10.70% | 7.47% |
VFIAX Vanguard 500 Index Fund Admiral Shares | 1.38% | 1.45% | 1.68% | 1.24% | 1.53% | 1.87% | 2.05% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FBAKX vs. VFIAX - Drawdown Comparison
The maximum FBAKX drawdown since its inception was -40.94%, smaller than the maximum VFIAX drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for FBAKX and VFIAX. For additional features, visit the drawdowns tool.
Volatility
FBAKX vs. VFIAX - Volatility Comparison
The current volatility for Fidelity Balanced Fund Class K (FBAKX) is 2.83%, while Vanguard 500 Index Fund Admiral Shares (VFIAX) has a volatility of 3.94%. This indicates that FBAKX experiences smaller price fluctuations and is considered to be less risky than VFIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.