FBALX vs. USD=X
FBALX (Fidelity Balanced Fund) is Diversified Portfolio fund actively managed by Fidelity, while USD=X (USD Cash) is a currency. Over the past 10 years, FBALX returned 11.70%/yr vs 0.00%/yr for USD=X.
Performance
FBALX vs. USD=X - Performance Comparison
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Returns By Period
FBALX
- 1D
- 1.52%
- 1M
- -0.11%
- YTD
- 8.71%
- 6M
- 9.51%
- 1Y
- 21.68%
- 3Y*
- 15.96%
- 5Y*
- 8.88%
- 10Y*
- 11.70%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
FBALX vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBALX Fidelity Balanced Fund | 8.71% | 15.11% | 16.09% | 20.31% | -18.29% | 18.27% | 22.45% | 24.40% | -3.98% | 16.52% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
FBALX vs. USD=X — Risk / Return Rank
FBALX
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FBALX vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and USD Cash (USD=X). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FBALX | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.47 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.44 | — | — |
| Martin ratioReturn relative to average drawdown | 16.08 | — | — |
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Drawdowns
FBALX vs. USD=X - Drawdown Comparison
The maximum FBALX drawdown since its inception was -43.57%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FBALX and USD=X.
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Drawdown Indicators
| FBALX | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.57% | 0.00% | -43.57% |
Max Drawdown (1Y)Largest decline over 1 year | -6.47% | 0.00% | -6.47% |
Max Drawdown (3Y)Largest decline over 3 years | -12.88% | 0.00% | -12.88% |
Max Drawdown (5Y)Largest decline over 5 years | -22.89% | 0.00% | -22.89% |
Max Drawdown (10Y)Largest decline over 10 years | -26.68% | 0.00% | -26.68% |
Current DrawdownCurrent decline from peak | -1.44% | 0.00% | -1.44% |
Average DrawdownAverage peak-to-trough decline | -4.37% | 0.00% | -4.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 0.00% | +1.38% |
Volatility
FBALX vs. USD=X - Volatility Comparison
Fidelity Balanced Fund (FBALX) has a higher volatility of 3.69% compared to USD Cash (USD=X) at 0.00%. This indicates that FBALX's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBALX | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.69% | 0.00% | +3.69% |
Volatility (6M)Calculated over the trailing 6-month period | 7.41% | 0.00% | +7.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.06% | 0.00% | +9.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.24% | 0.00% | +12.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.81% | 0.00% | +12.81% |
Frequently Asked Questions
FBALX has higher volatility (3.69%) compared to USD=X (0.00%). In terms of maximum drawdown, FBALX dropped -43.57% vs USD=X's 0.00%.
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