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

Correlation

The correlation between FBALX and SCHD is 0.81, 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.


-0.50.00.51.00.8

Performance

FBALX vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Balanced Fund (FBALX) and Schwab US Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

250.00%300.00%350.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
286.71%
394.81%
FBALX
SCHD

Key characteristics

Sharpe Ratio

FBALX:

1.86

SCHD:

1.20

Sortino Ratio

FBALX:

2.59

SCHD:

1.76

Omega Ratio

FBALX:

1.34

SCHD:

1.21

Calmar Ratio

FBALX:

3.11

SCHD:

1.69

Martin Ratio

FBALX:

11.94

SCHD:

5.86

Ulcer Index

FBALX:

1.38%

SCHD:

2.30%

Daily Std Dev

FBALX:

8.83%

SCHD:

11.25%

Max Drawdown

FBALX:

-42.81%

SCHD:

-33.37%

Current Drawdown

FBALX:

-4.06%

SCHD:

-6.72%

Returns By Period

In the year-to-date period, FBALX achieves a 15.17% return, which is significantly higher than SCHD's 11.54% return. Over the past 10 years, FBALX has underperformed SCHD with an annualized return of 9.43%, while SCHD has yielded a comparatively higher 10.86% annualized return.


FBALX

YTD

15.17%

1M

-1.46%

6M

4.34%

1Y

15.69%

5Y*

10.45%

10Y*

9.43%

SCHD

YTD

11.54%

1M

-4.06%

6M

7.86%

1Y

12.63%

5Y*

10.97%

10Y*

10.86%

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. SCHD - Expense Ratio Comparison

FBALX has a 0.51% expense ratio, which is higher than SCHD's 0.06% 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 SCHD: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

FBALX vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and Schwab US Dividend Equity ETF (SCHD). 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.


Sharpe ratio
The chart of Sharpe ratio for FBALX, currently valued at 1.86, compared to the broader market-1.000.001.002.003.004.001.861.20
The chart of Sortino ratio for FBALX, currently valued at 2.59, compared to the broader market-2.000.002.004.006.008.0010.002.591.76
The chart of Omega ratio for FBALX, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.003.501.341.21
The chart of Calmar ratio for FBALX, currently valued at 3.11, compared to the broader market0.002.004.006.008.0010.0012.0014.003.111.69
The chart of Martin ratio for FBALX, currently valued at 11.94, compared to the broader market0.0020.0040.0060.0011.945.86
FBALX
SCHD

The current FBALX Sharpe Ratio is 1.86, which is higher than the SCHD Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of FBALX and SCHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.86
1.20
FBALX
SCHD

Dividends

FBALX vs. SCHD - Dividend Comparison

FBALX's dividend yield for the trailing twelve months is around 1.34%, less than SCHD's 3.64% yield.


TTM20232022202120202019201820172016201520142013
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%
SCHD
Schwab US Dividend Equity ETF
3.64%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%

Drawdowns

FBALX vs. SCHD - Drawdown Comparison

The maximum FBALX drawdown since its inception was -42.81%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FBALX and SCHD. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.06%
-6.72%
FBALX
SCHD

Volatility

FBALX vs. SCHD - Volatility Comparison

The current volatility for Fidelity Balanced Fund (FBALX) is 2.88%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.88%. This indicates that FBALX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
2.88%
3.88%
FBALX
SCHD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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