FBALX vs. VBIAX
Compare and contrast key facts about Fidelity Balanced Fund (FBALX) and Vanguard Balanced Index Fund Admiral Shares (VBIAX).
FBALX is managed by Fidelity. It was launched on Nov 6, 1986. VBIAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBALX or VBIAX.
Performance
FBALX vs. VBIAX - Performance Comparison
Returns By Period
In the year-to-date period, FBALX achieves a 17.26% return, which is significantly higher than VBIAX's 15.28% return. Over the past 10 years, FBALX has outperformed VBIAX with an annualized return of 9.67%, while VBIAX has yielded a comparatively lower 7.59% annualized return.
FBALX
17.26%
1.07%
9.11%
22.73%
11.54%
9.67%
VBIAX
15.28%
1.28%
9.88%
19.01%
7.59%
7.59%
Key characteristics
| FBALX | VBIAX | |
|---|---|---|
| Sharpe Ratio | 2.68 | 2.24 |
| Sortino Ratio | 3.77 | 3.03 |
| Omega Ratio | 1.50 | 1.42 |
| Calmar Ratio | 3.50 | 1.93 |
| Martin Ratio | 17.47 | 13.45 |
| Ulcer Index | 1.32% | 1.44% |
| Daily Std Dev | 8.58% | 8.63% |
| Max Drawdown | -42.81% | -35.90% |
| Current Drawdown | -0.75% | -0.71% |
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FBALX vs. VBIAX - Expense Ratio Comparison
FBALX has a 0.51% expense ratio, which is higher than VBIAX's 0.07% expense ratio.
Correlation
The correlation between FBALX and VBIAX is 0.96, 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. VBIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and Vanguard Balanced Index Fund Admiral Shares (VBIAX). 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. VBIAX - Dividend Comparison
FBALX's dividend yield for the trailing twelve months is around 1.76%, less than VBIAX's 2.02% 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% |
VBIAX Vanguard Balanced Index Fund Admiral Shares | 2.02% | 2.04% | 1.93% | 1.39% | 1.66% | 2.12% | 2.32% | 1.95% | 2.09% | 2.09% | 1.92% | 1.85% |
Drawdowns
FBALX vs. VBIAX - Drawdown Comparison
The maximum FBALX drawdown since its inception was -42.81%, which is greater than VBIAX's maximum drawdown of -35.90%. Use the drawdown chart below to compare losses from any high point for FBALX and VBIAX. For additional features, visit the drawdowns tool.
Volatility
FBALX vs. VBIAX - Volatility Comparison
Fidelity Balanced Fund (FBALX) has a higher volatility of 2.68% compared to Vanguard Balanced Index Fund Admiral Shares (VBIAX) at 2.53%. This indicates that FBALX's price experiences larger fluctuations and is considered to be riskier than VBIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.