FBALX vs. SCHD
Compare and contrast key facts about Fidelity Balanced Fund (FBALX) and Schwab US Dividend Equity ETF (SCHD).
FBALX is managed by Fidelity. It was launched on Nov 6, 1986. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBALX or SCHD.
Performance
FBALX vs. SCHD - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with FBALX having a 17.26% return and SCHD slightly higher at 17.35%. Over the past 10 years, FBALX has underperformed SCHD with an annualized return of 9.67%, while SCHD has yielded a comparatively higher 11.54% annualized return.
FBALX
17.26%
1.07%
9.11%
22.73%
11.54%
9.67%
SCHD
17.35%
2.29%
13.68%
26.18%
12.87%
11.54%
Key characteristics
| FBALX | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.68 | 2.40 |
| Sortino Ratio | 3.77 | 3.44 |
| Omega Ratio | 1.50 | 1.42 |
| Calmar Ratio | 3.50 | 3.63 |
| Martin Ratio | 17.47 | 12.99 |
| Ulcer Index | 1.32% | 2.05% |
| Daily Std Dev | 8.58% | 11.09% |
| Max Drawdown | -42.81% | -33.37% |
| Current Drawdown | -0.75% | -0.62% |
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FBALX vs. SCHD - Expense Ratio Comparison
FBALX has a 0.51% expense ratio, which is higher than SCHD's 0.06% expense ratio.
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.
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.
Dividends
FBALX vs. SCHD - Dividend Comparison
FBALX's dividend yield for the trailing twelve months is around 1.76%, less than SCHD's 3.37% 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% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 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.
Volatility
FBALX vs. SCHD - Volatility Comparison
The current volatility for Fidelity Balanced Fund (FBALX) is 2.68%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.48%. 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.