FBAOX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Balanced Fund Class A (FBAOX) and Fidelity 500 Index Fund (FXAIX).
FBAOX is an actively managed fund by Fidelity. It was launched on Nov 6, 1986. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FBAOX vs. FXAIX - Performance Comparison
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FBAOX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FBAOX Fidelity Advisor Balanced Fund Class A | -3.80% | 14.81% | 4.65% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 3.37% |
Returns By Period
In the year-to-date period, FBAOX achieves a -3.80% return, which is significantly higher than FXAIX's -7.05% return.
FBAOX
- 1D
- -0.16%
- 1M
- -5.82%
- YTD
- -3.80%
- 6M
- -1.06%
- 1Y
- 13.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
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FBAOX vs. FXAIX - Expense Ratio Comparison
FBAOX has a 0.76% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FBAOX vs. FXAIX — Risk / Return Rank
FBAOX
FXAIX
FBAOX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Balanced Fund Class A (FBAOX) and Fidelity 500 Index Fund (FXAIX). 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.
| FBAOX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.20 | 0.84 | +0.36 |
Sortino ratioReturn per unit of downside risk | 1.74 | 1.30 | +0.44 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.20 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.05 | +0.52 |
Martin ratioReturn relative to average drawdown | 7.34 | 5.13 | +2.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FBAOX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 0.84 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.68 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.75 | +0.13 |
Correlation
The correlation between FBAOX and FXAIX 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.
Dividends
FBAOX vs. FXAIX - Dividend Comparison
FBAOX's dividend yield for the trailing twelve months is around 5.61%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBAOX Fidelity Advisor Balanced Fund Class A | 5.61% | 5.40% | 6.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FBAOX vs. FXAIX - Drawdown Comparison
The maximum FBAOX drawdown since its inception was -12.61%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FBAOX and FXAIX.
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Drawdown Indicators
| FBAOX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.61% | -33.79% | +21.18% |
Max Drawdown (1Y)Largest decline over 1 year | -8.15% | -12.13% | +3.98% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.50% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.79% | — |
Current DrawdownCurrent decline from peak | -6.48% | -8.89% | +2.41% |
Average DrawdownAverage peak-to-trough decline | -1.55% | -3.83% | +2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 2.50% | -0.75% |
Volatility
FBAOX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor Balanced Fund Class A (FBAOX) is 3.49%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.24%. This indicates that FBAOX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBAOX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 4.24% | -0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 6.45% | 9.08% | -2.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.75% | 18.13% | -6.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.62% | 16.88% | -5.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.62% | 18.03% | -6.41% |