FBALX vs. FAGIX
Compare and contrast key facts about Fidelity Balanced Fund (FBALX) and Fidelity Capital & Income Fund (FAGIX).
FBALX is managed by Fidelity. It was launched on Nov 6, 1986. FAGIX is managed by Fidelity. It was launched on Nov 1, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBALX or FAGIX.
Key characteristics
| FBALX | FAGIX | |
|---|---|---|
| YTD Return | 5.42% | 4.28% |
| 1Y Return | 17.94% | 13.30% |
| 3Y Return (Ann) | 4.33% | 3.43% |
| 5Y Return (Ann) | 10.28% | 6.37% |
| 10Y Return (Ann) | 9.54% | 6.11% |
| Sharpe Ratio | 1.98 | 2.75 |
| Daily Std Dev | 8.74% | 4.71% |
| Max Drawdown | -42.81% | -37.80% |
| Current Drawdown | -1.63% | -0.20% |
Correlation
The correlation between FBALX and FAGIX is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FBALX vs. FAGIX - Performance Comparison
In the year-to-date period, FBALX achieves a 5.42% return, which is significantly higher than FAGIX's 4.28% return. Over the past 10 years, FBALX has outperformed FAGIX with an annualized return of 9.54%, while FAGIX has yielded a comparatively lower 6.11% 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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FBALX vs. FAGIX - Expense Ratio Comparison
FBALX has a 0.51% expense ratio, which is lower than FAGIX's 0.67% expense ratio.
Risk-Adjusted Performance
FBALX vs. FAGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and Fidelity Capital & Income Fund (FAGIX). 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
FBALX vs. FAGIX - Dividend Comparison
FBALX's dividend yield for the trailing twelve months is around 2.28%, less than FAGIX's 5.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBALX Fidelity Balanced Fund | 2.28% | 2.28% | 8.06% | 9.66% | 5.90% | 4.24% | 10.99% | 7.90% | 3.07% | 7.96% | 10.55% | 7.31% |
FAGIX Fidelity Capital & Income Fund | 5.22% | 5.29% | 11.37% | 6.55% | 4.88% | 4.98% | 7.31% | 5.03% | 4.12% | 5.00% | 8.04% | 5.47% |
Drawdowns
FBALX vs. FAGIX - Drawdown Comparison
The maximum FBALX drawdown since its inception was -42.81%, which is greater than FAGIX's maximum drawdown of -37.80%. Use the drawdown chart below to compare losses from any high point for FBALX and FAGIX. For additional features, visit the drawdowns tool.
Volatility
FBALX vs. FAGIX - Volatility Comparison
Fidelity Balanced Fund (FBALX) has a higher volatility of 3.02% compared to Fidelity Capital & Income Fund (FAGIX) at 1.82%. This indicates that FBALX's price experiences larger fluctuations and is considered to be riskier than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.