FBKFX vs. DGRO
Compare and contrast key facts about Fidelity Balanced K6 Fund (FBKFX) and iShares Core Dividend Growth ETF (DGRO).
FBKFX is managed by Fidelity. It was launched on Jun 14, 2019. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBKFX or DGRO.
Key characteristics
| FBKFX | DGRO | |
|---|---|---|
| YTD Return | 17.86% | 20.51% |
| 1Y Return | 24.48% | 29.14% |
| 3Y Return (Ann) | 5.70% | 8.22% |
| 5Y Return (Ann) | 12.09% | 11.94% |
| Sharpe Ratio | 3.03 | 3.27 |
| Sortino Ratio | 4.30 | 4.63 |
| Omega Ratio | 1.58 | 1.61 |
| Calmar Ratio | 4.50 | 5.39 |
| Martin Ratio | 20.47 | 22.01 |
| Ulcer Index | 1.30% | 1.44% |
| Daily Std Dev | 8.76% | 9.68% |
| Max Drawdown | -26.58% | -35.10% |
| Current Drawdown | -0.43% | -0.65% |
Correlation
The correlation between FBKFX and DGRO is 0.86, 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
FBKFX vs. DGRO - Performance Comparison
In the year-to-date period, FBKFX achieves a 17.86% return, which is significantly lower than DGRO's 20.51% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FBKFX vs. DGRO - Expense Ratio Comparison
FBKFX has a 0.32% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
FBKFX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced K6 Fund (FBKFX) and iShares Core Dividend Growth ETF (DGRO). 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
FBKFX vs. DGRO - Dividend Comparison
FBKFX's dividend yield for the trailing twelve months is around 1.91%, less than DGRO's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FBKFX Fidelity Balanced K6 Fund | 1.91% | 1.79% | 1.48% | 0.97% | 1.31% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.16% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
FBKFX vs. DGRO - Drawdown Comparison
The maximum FBKFX drawdown since its inception was -26.58%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for FBKFX and DGRO. For additional features, visit the drawdowns tool.
Volatility
FBKFX vs. DGRO - Volatility Comparison
The current volatility for Fidelity Balanced K6 Fund (FBKFX) is 2.57%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 3.23%. This indicates that FBKFX experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.