FBALX vs. JEPI
Compare and contrast key facts about Fidelity Balanced Fund (FBALX) and JPMorgan Equity Premium Income ETF (JEPI).
FBALX is managed by Fidelity. It was launched on Nov 6, 1986. JEPI is an actively managed fund by JPMorgan Chase. It was launched on May 20, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBALX or JEPI.
Correlation
The correlation between FBALX and JEPI is 0.76, 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
Key characteristics
FBALX:
1.86
JEPI:
1.92
FBALX:
2.59
JEPI:
2.60
FBALX:
1.34
JEPI:
1.38
FBALX:
3.11
JEPI:
3.11
FBALX:
11.94
JEPI:
12.63
FBALX:
1.38%
JEPI:
1.13%
FBALX:
8.83%
JEPI:
7.48%
FBALX:
-42.81%
JEPI:
-13.71%
FBALX:
-4.06%
JEPI:
-3.69%
Returns By Period
In the year-to-date period, FBALX achieves a 15.17% return, which is significantly higher than JEPI's 13.12% return.
FBALX
15.17%
-1.46%
4.34%
15.69%
10.45%
9.43%
JEPI
13.12%
-1.50%
6.56%
13.86%
N/A
N/A
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FBALX vs. JEPI - Expense Ratio Comparison
FBALX has a 0.51% expense ratio, which is higher than JEPI's 0.35% expense ratio.
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.
Dividends
FBALX vs. JEPI - Dividend Comparison
FBALX's dividend yield for the trailing twelve months is around 1.34%, less than JEPI's 7.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBALX Fidelity Balanced Fund | 1.34% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 7.96% | 10.55% | 7.31% |
JEPI JPMorgan Equity Premium Income ETF | 7.30% | 8.40% | 11.67% | 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.
Volatility
FBALX vs. JEPI - Volatility Comparison
Fidelity Balanced Fund (FBALX) and JPMorgan Equity Premium Income ETF (JEPI) have volatilities of 2.88% and 2.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.