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

Correlation

The correlation between FBALX and SNXFX is 0.91, 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.


-0.50.00.51.00.9

Performance

FBALX vs. SNXFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Balanced Fund (FBALX) and Schwab 1000 Index Fund (SNXFX). The values are adjusted to include any dividend payments, if applicable.

2,300.00%2,400.00%2,500.00%2,600.00%2,700.00%2,800.00%2,900.00%JulyAugustSeptemberOctoberNovemberDecember
2,473.31%
2,767.24%
FBALX
SNXFX

Key characteristics

Sharpe Ratio

FBALX:

1.86

SNXFX:

2.03

Sortino Ratio

FBALX:

2.59

SNXFX:

2.71

Omega Ratio

FBALX:

1.34

SNXFX:

1.38

Calmar Ratio

FBALX:

3.11

SNXFX:

3.04

Martin Ratio

FBALX:

11.94

SNXFX:

12.90

Ulcer Index

FBALX:

1.38%

SNXFX:

2.02%

Daily Std Dev

FBALX:

8.83%

SNXFX:

12.82%

Max Drawdown

FBALX:

-42.81%

SNXFX:

-55.08%

Current Drawdown

FBALX:

-4.06%

SNXFX:

-4.09%

Returns By Period

In the year-to-date period, FBALX achieves a 15.17% return, which is significantly lower than SNXFX's 24.07% return. Over the past 10 years, FBALX has underperformed SNXFX with an annualized return of 9.43%, while SNXFX has yielded a comparatively higher 12.55% annualized return.


FBALX

YTD

15.17%

1M

-1.46%

6M

4.34%

1Y

15.69%

5Y*

10.45%

10Y*

9.43%

SNXFX

YTD

24.07%

1M

-1.68%

6M

8.47%

1Y

24.46%

5Y*

14.08%

10Y*

12.55%

Compare stocks, funds, or ETFs

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FBALX vs. SNXFX - Expense Ratio Comparison

FBALX has a 0.51% expense ratio, which is higher than SNXFX's 0.05% 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 SNXFX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

FBALX vs. SNXFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and Schwab 1000 Index Fund (SNXFX). 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-1.000.001.002.003.004.001.862.03
The chart of Sortino ratio for FBALX, currently valued at 2.59, compared to the broader market-2.000.002.004.006.008.0010.002.592.71
The chart of Omega ratio for FBALX, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.003.501.341.38
The chart of Calmar ratio for FBALX, currently valued at 3.11, compared to the broader market0.002.004.006.008.0010.0012.0014.003.113.04
The chart of Martin ratio for FBALX, currently valued at 11.94, compared to the broader market0.0020.0040.0060.0011.9412.90
FBALX
SNXFX

The current FBALX Sharpe Ratio is 1.86, which is comparable to the SNXFX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of FBALX and SNXFX, 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 Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.86
2.03
FBALX
SNXFX

Dividends

FBALX vs. SNXFX - Dividend Comparison

FBALX's dividend yield for the trailing twelve months is around 1.34%, while SNXFX has not paid dividends to shareholders.


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%
SNXFX
Schwab 1000 Index Fund
0.00%1.41%1.61%1.19%1.71%1.81%2.29%1.75%1.81%1.93%1.64%1.54%

Drawdowns

FBALX vs. SNXFX - Drawdown Comparison

The maximum FBALX drawdown since its inception was -42.81%, smaller than the maximum SNXFX drawdown of -55.08%. Use the drawdown chart below to compare losses from any high point for FBALX and SNXFX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.06%
-4.09%
FBALX
SNXFX

Volatility

FBALX vs. SNXFX - Volatility Comparison

The current volatility for Fidelity Balanced Fund (FBALX) is 2.88%, while Schwab 1000 Index Fund (SNXFX) has a volatility of 4.18%. This indicates that FBALX experiences smaller price fluctuations and is considered to be less risky than SNXFX 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%6.00%JulyAugustSeptemberOctoberNovemberDecember
2.88%
4.18%
FBALX
SNXFX
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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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