FBKFX vs. SPYG
Compare and contrast key facts about Fidelity Balanced K6 Fund (FBKFX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
FBKFX is managed by Fidelity. It was launched on Jun 14, 2019. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBKFX or SPYG.
Key characteristics
| FBKFX | SPYG | |
|---|---|---|
| YTD Return | 18.21% | 35.25% |
| 1Y Return | 28.29% | 46.54% |
| 3Y Return (Ann) | 5.76% | 8.21% |
| 5Y Return (Ann) | 12.33% | 18.21% |
| Sharpe Ratio | 3.09 | 2.66 |
| Sortino Ratio | 4.38 | 3.40 |
| Omega Ratio | 1.59 | 1.48 |
| Calmar Ratio | 3.35 | 2.75 |
| Martin Ratio | 21.07 | 14.14 |
| Ulcer Index | 1.30% | 3.20% |
| Daily Std Dev | 8.84% | 17.04% |
| Max Drawdown | -26.58% | -67.79% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FBKFX and SPYG is 0.93, 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. SPYG - Performance Comparison
In the year-to-date period, FBKFX achieves a 18.21% return, which is significantly lower than SPYG's 35.25% 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. SPYG - Expense Ratio Comparison
FBKFX has a 0.32% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Risk-Adjusted Performance
FBKFX vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced K6 Fund (FBKFX) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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. SPYG - Dividend Comparison
FBKFX's dividend yield for the trailing twelve months is around 1.91%, more than SPYG's 0.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.65% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
FBKFX vs. SPYG - Drawdown Comparison
The maximum FBKFX drawdown since its inception was -26.58%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for FBKFX and SPYG. For additional features, visit the drawdowns tool.
Volatility
FBKFX vs. SPYG - Volatility Comparison
The current volatility for Fidelity Balanced K6 Fund (FBKFX) is 2.67%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.22%. This indicates that FBKFX experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.