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FBALX vs. FAGIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FBALXFAGIX
YTD Return7.47%4.91%
1Y Return19.65%14.74%
3Y Return (Ann)4.75%3.61%
5Y Return (Ann)11.42%6.87%
10Y Return (Ann)9.60%6.11%
Sharpe Ratio2.193.06
Daily Std Dev8.68%4.71%
Max Drawdown-42.81%-37.80%
Current Drawdown-0.62%-0.40%

Correlation

-0.50.00.51.00.6

The correlation between FBALX and FAGIX is 0.58, 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 7.47% return, which is significantly higher than FAGIX's 4.91% return. Over the past 10 years, FBALX has outperformed FAGIX with an annualized return of 9.60%, 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.


2,000.00%2,500.00%3,000.00%December2024FebruaryMarchAprilMay
3,281.84%
2,109.59%
FBALX
FAGIX

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Fidelity Balanced Fund

Fidelity Capital & Income Fund

FBALX vs. FAGIX - Expense Ratio Comparison

FBALX has a 0.51% expense ratio, which is lower than FAGIX's 0.67% expense ratio.


FAGIX
Fidelity Capital & Income Fund
Expense ratio chart for FAGIX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%
Expense ratio chart for FBALX: current value at 0.51% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.51%

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.


FBALX
Sharpe ratio
The chart of Sharpe ratio for FBALX, currently valued at 2.09, compared to the broader market-1.000.001.002.003.004.002.09
Sortino ratio
The chart of Sortino ratio for FBALX, currently valued at 3.06, compared to the broader market-2.000.002.004.006.008.0010.0012.003.06
Omega ratio
The chart of Omega ratio for FBALX, currently valued at 1.37, compared to the broader market1.002.003.001.37
Calmar ratio
The chart of Calmar ratio for FBALX, currently valued at 1.34, compared to the broader market0.002.004.006.008.0010.0012.0014.001.34
Martin ratio
The chart of Martin ratio for FBALX, currently valued at 7.13, compared to the broader market0.0020.0040.0060.0080.007.13
FAGIX
Sharpe ratio
The chart of Sharpe ratio for FAGIX, currently valued at 3.06, compared to the broader market-1.000.001.002.003.004.003.06
Sortino ratio
The chart of Sortino ratio for FAGIX, currently valued at 5.07, compared to the broader market-2.000.002.004.006.008.0010.0012.005.07
Omega ratio
The chart of Omega ratio for FAGIX, currently valued at 1.65, compared to the broader market1.002.003.001.65
Calmar ratio
The chart of Calmar ratio for FAGIX, currently valued at 1.92, compared to the broader market0.002.004.006.008.0010.0012.0014.001.92
Martin ratio
The chart of Martin ratio for FAGIX, currently valued at 12.80, compared to the broader market0.0020.0040.0060.0080.0012.80

FBALX vs. FAGIX - Sharpe Ratio Comparison

The current FBALX Sharpe Ratio is 2.19, which roughly equals the FAGIX Sharpe Ratio of 3.06. The chart below compares the 12-month rolling Sharpe Ratio of FBALX and FAGIX.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.09
3.06
FBALX
FAGIX

Dividends

FBALX vs. FAGIX - Dividend Comparison

FBALX's dividend yield for the trailing twelve months is around 2.24%, less than FAGIX's 5.19% yield.


TTM20232022202120202019201820172016201520142013
FBALX
Fidelity Balanced Fund
2.24%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
5.19%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.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%December2024FebruaryMarchAprilMay
-0.62%
-0.40%
FBALX
FAGIX

Volatility

FBALX vs. FAGIX - Volatility Comparison

Fidelity Balanced Fund (FBALX) has a higher volatility of 2.42% compared to Fidelity Capital & Income Fund (FAGIX) at 1.54%. 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.


1.00%1.50%2.00%2.50%3.00%December2024FebruaryMarchAprilMay
2.42%
1.54%
FBALX
FAGIX