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

Key characteristics


FBALXJEPI
YTD Return7.47%5.89%
1Y Return19.65%14.02%
3Y Return (Ann)4.75%7.42%
Sharpe Ratio2.191.84
Daily Std Dev8.68%7.07%
Max Drawdown-42.81%-13.71%
Current Drawdown-0.62%-0.82%

Correlation

-0.50.00.51.00.8

The correlation between FBALX and JEPI is 0.77, 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

FBALX vs. JEPI - Performance Comparison

In the year-to-date period, FBALX achieves a 7.47% return, which is significantly higher than JEPI's 5.89% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


40.00%45.00%50.00%55.00%60.00%December2024FebruaryMarchAprilMay
57.89%
61.80%
FBALX
JEPI

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Fidelity Balanced Fund

JPMorgan Equity Premium Income ETF

FBALX vs. JEPI - Expense Ratio Comparison

FBALX has a 0.51% expense ratio, which is higher than JEPI's 0.35% expense ratio.


FBALX
Fidelity Balanced Fund
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%
Expense ratio chart for JEPI: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

FBALX vs. JEPI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and JPMorgan Equity Premium Income ETF (JEPI). 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 2.19, compared to the broader market-1.000.001.002.003.004.002.19
Sortino ratio
The chart of Sortino ratio for FBALX, currently valued at 3.20, compared to the broader market-2.000.002.004.006.008.0010.0012.003.20
Omega ratio
The chart of Omega ratio for FBALX, currently valued at 1.39, compared to the broader market1.002.003.001.39
Calmar ratio
The chart of Calmar ratio for FBALX, currently valued at 1.42, compared to the broader market0.002.004.006.008.0010.0012.0014.001.42
Martin ratio
The chart of Martin ratio for FBALX, currently valued at 7.60, compared to the broader market0.0020.0040.0060.0080.007.60
JEPI
Sharpe ratio
The chart of Sharpe ratio for JEPI, currently valued at 1.84, compared to the broader market-1.000.001.002.003.004.001.84
Sortino ratio
The chart of Sortino ratio for JEPI, currently valued at 2.57, compared to the broader market-2.000.002.004.006.008.0010.0012.002.57
Omega ratio
The chart of Omega ratio for JEPI, currently valued at 1.34, compared to the broader market1.002.003.001.34
Calmar ratio
The chart of Calmar ratio for JEPI, currently valued at 1.94, compared to the broader market0.002.004.006.008.0010.0012.0014.001.94
Martin ratio
The chart of Martin ratio for JEPI, currently valued at 7.76, compared to the broader market0.0020.0040.0060.0080.007.76

FBALX vs. JEPI - Sharpe Ratio Comparison

The current FBALX Sharpe Ratio is 2.19, which roughly equals the JEPI Sharpe Ratio of 1.84. The chart below compares the 12-month rolling Sharpe Ratio of FBALX and JEPI.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.19
1.84
FBALX
JEPI

Dividends

FBALX vs. JEPI - Dividend Comparison

FBALX's dividend yield for the trailing twelve months is around 2.24%, less than JEPI's 7.32% 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%
JEPI
JPMorgan Equity Premium Income ETF
7.32%8.40%11.68%6.59%5.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FBALX vs. JEPI - Drawdown Comparison

The maximum FBALX drawdown since its inception was -42.81%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for FBALX and JEPI. 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%
-0.82%
FBALX
JEPI

Volatility

FBALX vs. JEPI - Volatility Comparison

Fidelity Balanced Fund (FBALX) has a higher volatility of 2.42% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.82%. This indicates that FBALX's price experiences larger fluctuations and is considered to be riskier than JEPI 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%
1.82%
FBALX
JEPI