FBALX vs. DODBX
Compare and contrast key facts about Fidelity Balanced Fund (FBALX) and Dodge & Cox Balanced Fund (DODBX).
FBALX is managed by Fidelity. It was launched on Nov 6, 1986. DODBX is managed by Dodge & Cox. It was launched on Jun 25, 1931.
Performance
FBALX vs. DODBX - Performance Comparison
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FBALX vs. DODBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBALX Fidelity Balanced Fund | -1.74% | 15.11% | 16.09% | 20.31% | -18.29% | 18.27% | 22.45% | 24.40% | -3.98% | 16.52% |
DODBX Dodge & Cox Balanced Fund | -0.36% | 14.44% | 8.76% | 13.77% | -7.30% | 19.21% | 7.93% | 19.64% | -4.66% | 11.51% |
Returns By Period
In the year-to-date period, FBALX achieves a -1.74% return, which is significantly lower than DODBX's -0.36% return. Over the past 10 years, FBALX has outperformed DODBX with an annualized return of 10.73%, while DODBX has yielded a comparatively lower 9.45% annualized return.
FBALX
- 1D
- 2.04%
- 1M
- -3.87%
- YTD
- -1.74%
- 6M
- 0.80%
- 1Y
- 15.76%
- 3Y*
- 13.67%
- 5Y*
- 7.65%
- 10Y*
- 10.73%
DODBX
- 1D
- 1.37%
- 1M
- -3.79%
- YTD
- -0.36%
- 6M
- 1.20%
- 1Y
- 8.67%
- 3Y*
- 11.26%
- 5Y*
- 7.08%
- 10Y*
- 9.45%
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FBALX vs. DODBX - Expense Ratio Comparison
FBALX has a 0.51% expense ratio, which is lower than DODBX's 0.52% expense ratio.
Return for Risk
FBALX vs. DODBX — Risk / Return Rank
FBALX
DODBX
FBALX vs. DODBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and Dodge & Cox Balanced Fund (DODBX). 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.
| FBALX | DODBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.37 | 0.90 | +0.47 |
Sortino ratioReturn per unit of downside risk | 1.99 | 1.28 | +0.71 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.19 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.11 | +0.94 |
Martin ratioReturn relative to average drawdown | 9.47 | 4.57 | +4.91 |
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
| FBALX | DODBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | 0.90 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.66 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.72 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.73 | +0.06 |
Correlation
The correlation between FBALX and DODBX is 0.86, 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
FBALX vs. DODBX - Dividend Comparison
FBALX's dividend yield for the trailing twelve months is around 5.79%, less than DODBX's 7.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBALX Fidelity Balanced Fund | 5.79% | 5.69% | 5.67% | 2.28% | 8.06% | 9.66% | 5.90% | 4.24% | 10.99% | 7.90% | 3.07% | 7.70% |
DODBX Dodge & Cox Balanced Fund | 7.25% | 7.53% | 8.21% | 4.64% | 8.67% | 10.62% | 6.92% | 9.35% | 9.57% | 7.53% | 5.59% | 5.44% |
Drawdowns
FBALX vs. DODBX - Drawdown Comparison
The maximum FBALX drawdown since its inception was -43.57%, smaller than the maximum DODBX drawdown of -50.20%. Use the drawdown chart below to compare losses from any high point for FBALX and DODBX.
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Drawdown Indicators
| FBALX | DODBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.57% | -50.20% | +6.63% |
Max Drawdown (1Y)Largest decline over 1 year | -8.14% | -7.71% | -0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -22.89% | -17.74% | -5.15% |
Max Drawdown (10Y)Largest decline over 10 years | -26.68% | -31.29% | +4.61% |
Current DrawdownCurrent decline from peak | -4.56% | -4.13% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -4.39% | -4.69% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.76% | 1.88% | -0.12% |
Volatility
FBALX vs. DODBX - Volatility Comparison
Fidelity Balanced Fund (FBALX) has a higher volatility of 4.19% compared to Dodge & Cox Balanced Fund (DODBX) at 3.03%. This indicates that FBALX's price experiences larger fluctuations and is considered to be riskier than DODBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBALX | DODBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.19% | 3.03% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 6.77% | 5.55% | +1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.94% | 9.79% | +2.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.18% | 10.82% | +1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.75% | 13.26% | -0.51% |