FBAKX vs. VWENX
Compare and contrast key facts about Fidelity Balanced Fund Class K (FBAKX) and Vanguard Wellington Fund Admiral Shares (VWENX).
FBAKX is managed by Fidelity. It was launched on Nov 6, 1986. VWENX is managed by Vanguard. It was launched on May 14, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBAKX or VWENX.
Key characteristics
| FBAKX | VWENX | |
|---|---|---|
| YTD Return | 17.28% | 15.45% |
| 1Y Return | 24.22% | 21.95% |
| 3Y Return (Ann) | 4.96% | 0.66% |
| 5Y Return (Ann) | 12.06% | 4.55% |
| 10Y Return (Ann) | 10.18% | 4.37% |
| Sharpe Ratio | 2.79 | 2.62 |
| Sortino Ratio | 3.94 | 3.63 |
| Omega Ratio | 1.52 | 1.49 |
| Calmar Ratio | 3.21 | 1.20 |
| Martin Ratio | 18.35 | 18.09 |
| Ulcer Index | 1.30% | 1.21% |
| Daily Std Dev | 8.56% | 8.31% |
| Max Drawdown | -40.94% | -38.68% |
| Current Drawdown | -0.79% | -0.89% |
Correlation
The correlation between FBAKX and VWENX is 0.94, 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. VWENX - Performance Comparison
In the year-to-date period, FBAKX achieves a 17.28% return, which is significantly higher than VWENX's 15.45% return. Over the past 10 years, FBAKX has outperformed VWENX with an annualized return of 10.18%, while VWENX has yielded a comparatively lower 4.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FBAKX vs. VWENX - Expense Ratio Comparison
FBAKX has a 0.45% expense ratio, which is higher than VWENX's 0.16% expense ratio.
Risk-Adjusted Performance
FBAKX vs. VWENX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund Class K (FBAKX) and Vanguard Wellington Fund Admiral Shares (VWENX). 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. VWENX - Dividend Comparison
FBAKX's dividend yield for the trailing twelve months is around 1.83%, less than VWENX's 5.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBAKX Fidelity Balanced Fund Class K | 1.83% | 1.77% | 1.56% | 0.96% | 1.36% | 1.77% | 1.96% | 1.66% | 1.70% | 8.48% | 10.70% | 7.47% |
VWENX Vanguard Wellington Fund Admiral Shares | 5.48% | 6.08% | 2.34% | 1.79% | 2.15% | 2.61% | 3.10% | 2.53% | 2.64% | 2.81% | 2.63% | 2.58% |
Drawdowns
FBAKX vs. VWENX - Drawdown Comparison
The maximum FBAKX drawdown since its inception was -40.94%, which is greater than VWENX's maximum drawdown of -38.68%. Use the drawdown chart below to compare losses from any high point for FBAKX and VWENX. For additional features, visit the drawdowns tool.
Volatility
FBAKX vs. VWENX - Volatility Comparison
The current volatility for Fidelity Balanced Fund Class K (FBAKX) is 2.53%, while Vanguard Wellington Fund Admiral Shares (VWENX) has a volatility of 2.67%. This indicates that FBAKX experiences smaller price fluctuations and is considered to be less risky than VWENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.