FBALX vs. FPURX
Compare and contrast key facts about Fidelity Balanced Fund (FBALX) and Fidelity Puritan Fund (FPURX).
FBALX is managed by Fidelity. It was launched on Nov 6, 1986. FPURX is managed by Fidelity. It was launched on Apr 16, 1947.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBALX or FPURX.
Performance
FBALX vs. FPURX - Performance Comparison
Returns By Period
In the year-to-date period, FBALX achieves a 17.26% return, which is significantly lower than FPURX's 19.50% return. Over the past 10 years, FBALX has outperformed FPURX with an annualized return of 9.67%, while FPURX has yielded a comparatively lower 4.71% annualized return.
FBALX
17.26%
1.07%
9.11%
22.73%
11.54%
9.67%
FPURX
19.50%
1.07%
8.82%
24.08%
5.77%
4.71%
Key characteristics
| FBALX | FPURX | |
|---|---|---|
| Sharpe Ratio | 2.68 | 2.45 |
| Sortino Ratio | 3.77 | 3.42 |
| Omega Ratio | 1.50 | 1.45 |
| Calmar Ratio | 3.50 | 1.13 |
| Martin Ratio | 17.47 | 14.52 |
| Ulcer Index | 1.32% | 1.69% |
| Daily Std Dev | 8.58% | 10.02% |
| Max Drawdown | -42.81% | -33.59% |
| Current Drawdown | -0.75% | -2.78% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FBALX vs. FPURX - Expense Ratio Comparison
FBALX has a 0.51% expense ratio, which is higher than FPURX's 0.50% expense ratio.
Correlation
The correlation between FBALX and FPURX is 0.93, 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.
Risk-Adjusted Performance
FBALX vs. FPURX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and Fidelity Puritan Fund (FPURX). 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. FPURX - Dividend Comparison
FBALX's dividend yield for the trailing twelve months is around 1.76%, more than FPURX's 1.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBALX Fidelity Balanced Fund | 1.76% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 7.96% | 10.55% | 7.31% |
FPURX Fidelity Puritan Fund | 1.70% | 1.71% | 1.62% | 1.01% | 1.09% | 1.52% | 1.83% | 1.33% | 1.75% | 7.94% | 9.74% | 10.25% |
Drawdowns
FBALX vs. FPURX - Drawdown Comparison
The maximum FBALX drawdown since its inception was -42.81%, which is greater than FPURX's maximum drawdown of -33.59%. Use the drawdown chart below to compare losses from any high point for FBALX and FPURX. For additional features, visit the drawdowns tool.
Volatility
FBALX vs. FPURX - Volatility Comparison
The current volatility for Fidelity Balanced Fund (FBALX) is 2.68%, while Fidelity Puritan Fund (FPURX) has a volatility of 2.92%. This indicates that FBALX experiences smaller price fluctuations and is considered to be less risky than FPURX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.