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.
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
Key characteristics
FBAKX:
1.86
VWENX:
1.76
FBAKX:
2.59
VWENX:
2.41
FBAKX:
1.34
VWENX:
1.32
FBAKX:
3.14
VWENX:
1.03
FBAKX:
12.02
VWENX:
12.14
FBAKX:
1.38%
VWENX:
1.25%
FBAKX:
8.88%
VWENX:
8.61%
FBAKX:
-40.94%
VWENX:
-38.68%
FBAKX:
-4.06%
VWENX:
-2.93%
Returns By Period
In the year-to-date period, FBAKX achieves a 15.27% return, which is significantly higher than VWENX's 14.46% return. Over the past 10 years, FBAKX has outperformed VWENX with an annualized return of 9.80%, while VWENX has yielded a comparatively lower 4.12% annualized return.
FBAKX
15.27%
-1.42%
4.38%
15.78%
10.54%
9.80%
VWENX
14.46%
-0.58%
5.42%
15.93%
3.92%
4.12%
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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 1.39%, less than VWENX's 1.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBAKX Fidelity Balanced Fund Class K | 1.39% | 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 | 1.58% | 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
Fidelity Balanced Fund Class K (FBAKX) has a higher volatility of 2.90% compared to Vanguard Wellington Fund Admiral Shares (VWENX) at 2.71%. This indicates that FBAKX's price experiences larger fluctuations and is considered to be riskier than VWENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.