FBALX vs. VWELX
Compare and contrast key facts about Fidelity Balanced Fund (FBALX) and Vanguard Wellington Fund Investor Shares (VWELX).
FBALX is managed by Fidelity. It was launched on Nov 6, 1986. VWELX is managed by Vanguard. It was launched on Jul 1, 1929.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBALX or VWELX.
Performance
FBALX vs. VWELX - Performance Comparison
Returns By Period
In the year-to-date period, FBALX achieves a 17.26% return, which is significantly higher than VWELX's 15.34% return. Over the past 10 years, FBALX has outperformed VWELX with an annualized return of 9.67%, while VWELX has yielded a comparatively lower 8.45% annualized return.
FBALX
17.26%
1.07%
9.11%
22.73%
11.54%
9.67%
VWELX
15.34%
0.79%
8.73%
20.04%
8.79%
8.45%
Key characteristics
| FBALX | VWELX | |
|---|---|---|
| Sharpe Ratio | 2.68 | 2.47 |
| Sortino Ratio | 3.77 | 3.41 |
| Omega Ratio | 1.50 | 1.46 |
| Calmar Ratio | 3.50 | 3.29 |
| Martin Ratio | 17.47 | 16.78 |
| Ulcer Index | 1.32% | 1.22% |
| Daily Std Dev | 8.58% | 8.32% |
| Max Drawdown | -42.81% | -36.12% |
| Current Drawdown | -0.75% | -0.93% |
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FBALX vs. VWELX - Expense Ratio Comparison
FBALX has a 0.51% expense ratio, which is higher than VWELX's 0.24% expense ratio.
Correlation
The correlation between FBALX and VWELX is 0.88, 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. VWELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and Vanguard Wellington Fund Investor Shares (VWELX). 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. VWELX - Dividend Comparison
FBALX's dividend yield for the trailing twelve months is around 1.76%, less than VWELX's 5.40% 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% |
VWELX Vanguard Wellington Fund Investor Shares | 5.40% | 6.01% | 2.25% | 1.71% | 2.07% | 2.53% | 3.00% | 2.45% | 2.56% | 3.25% | 2.55% | 2.50% |
Drawdowns
FBALX vs. VWELX - Drawdown Comparison
The maximum FBALX drawdown since its inception was -42.81%, which is greater than VWELX's maximum drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for FBALX and VWELX. For additional features, visit the drawdowns tool.
Volatility
FBALX vs. VWELX - Volatility Comparison
Fidelity Balanced Fund (FBALX) and Vanguard Wellington Fund Investor Shares (VWELX) have volatilities of 2.68% and 2.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.