FBALX vs. SWOBX
Compare and contrast key facts about Fidelity Balanced Fund (FBALX) and Schwab Balanced Fund™ (SWOBX).
FBALX is managed by Fidelity. It was launched on Nov 6, 1986. SWOBX is managed by Charles Schwab. It was launched on Nov 17, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBALX or SWOBX.
Correlation
The correlation between FBALX and SWOBX 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. SWOBX - Performance Comparison
Key characteristics
FBALX:
-0.07
SWOBX:
0.08
FBALX:
-0.01
SWOBX:
0.19
FBALX:
1.00
SWOBX:
1.03
FBALX:
-0.06
SWOBX:
0.06
FBALX:
-0.25
SWOBX:
0.25
FBALX:
3.53%
SWOBX:
3.82%
FBALX:
12.82%
SWOBX:
12.36%
FBALX:
-42.81%
SWOBX:
-41.47%
FBALX:
-12.04%
SWOBX:
-14.67%
Returns By Period
In the year-to-date period, FBALX achieves a -8.14% return, which is significantly lower than SWOBX's -6.64% return. Over the past 10 years, FBALX has outperformed SWOBX with an annualized return of 3.65%, while SWOBX has yielded a comparatively lower 2.15% annualized return.
FBALX
-8.14%
-6.31%
-9.05%
0.07%
5.36%
3.65%
SWOBX
-6.64%
-5.45%
-9.37%
1.86%
3.46%
2.15%
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FBALX vs. SWOBX - Expense Ratio Comparison
FBALX has a 0.51% expense ratio, which is higher than SWOBX's 0.00% expense ratio.
Risk-Adjusted Performance
FBALX vs. SWOBX — Risk-Adjusted Performance Rank
FBALX
SWOBX
FBALX vs. SWOBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and Schwab Balanced Fund™ (SWOBX). 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. SWOBX - Dividend Comparison
FBALX's dividend yield for the trailing twelve months is around 2.01%, less than SWOBX's 2.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBALX Fidelity Balanced Fund | 2.01% | 1.81% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 7.96% | 10.55% |
SWOBX Schwab Balanced Fund™ | 2.49% | 2.32% | 2.15% | 1.72% | 4.50% | 1.06% | 1.42% | 2.66% | 3.08% | 1.57% | 2.30% | 2.24% |
Drawdowns
FBALX vs. SWOBX - Drawdown Comparison
The maximum FBALX drawdown since its inception was -42.81%, roughly equal to the maximum SWOBX drawdown of -41.47%. Use the drawdown chart below to compare losses from any high point for FBALX and SWOBX. For additional features, visit the drawdowns tool.
Volatility
FBALX vs. SWOBX - Volatility Comparison
Fidelity Balanced Fund (FBALX) has a higher volatility of 8.44% compared to Schwab Balanced Fund™ (SWOBX) at 7.82%. This indicates that FBALX's price experiences larger fluctuations and is considered to be riskier than SWOBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.