FBKFX vs. VOO
Compare and contrast key facts about Fidelity Balanced K6 Fund (FBKFX) and Vanguard S&P 500 ETF (VOO).
FBKFX is managed by Fidelity. It was launched on Jun 14, 2019. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBKFX or VOO.
Correlation
The correlation between FBKFX and VOO is 0.97, 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. VOO - Performance Comparison
Key characteristics
FBKFX:
1.62
VOO:
1.89
FBKFX:
2.26
VOO:
2.54
FBKFX:
1.30
VOO:
1.35
FBKFX:
2.80
VOO:
2.83
FBKFX:
8.55
VOO:
11.83
FBKFX:
1.74%
VOO:
2.02%
FBKFX:
9.17%
VOO:
12.66%
FBKFX:
-26.58%
VOO:
-33.99%
FBKFX:
-1.34%
VOO:
-0.42%
Returns By Period
In the year-to-date period, FBKFX achieves a 2.88% return, which is significantly lower than VOO's 4.17% return.
FBKFX
2.88%
0.67%
5.05%
15.33%
9.24%
N/A
VOO
4.17%
1.23%
10.51%
24.45%
14.68%
13.26%
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FBKFX vs. VOO - Expense Ratio Comparison
FBKFX has a 0.32% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FBKFX vs. VOO — Risk-Adjusted Performance Rank
FBKFX
VOO
FBKFX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced K6 Fund (FBKFX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FBKFX's dividend yield for the trailing twelve months is around 1.94%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBKFX Fidelity Balanced K6 Fund | 1.94% | 2.00% | 1.79% | 1.48% | 0.97% | 1.31% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FBKFX vs. VOO - Drawdown Comparison
The maximum FBKFX drawdown since its inception was -26.58%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FBKFX and VOO. For additional features, visit the drawdowns tool.
Volatility
FBKFX vs. VOO - Volatility Comparison
The current volatility for Fidelity Balanced K6 Fund (FBKFX) is 2.49%, while Vanguard S&P 500 ETF (VOO) has a volatility of 2.94%. This indicates that FBKFX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.