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.
Key characteristics
| FBKFX | VOO | |
|---|---|---|
| YTD Return | 18.00% | 27.26% |
| 1Y Return | 26.70% | 37.86% |
| 3Y Return (Ann) | 5.75% | 10.35% |
| 5Y Return (Ann) | 12.24% | 16.03% |
| Sharpe Ratio | 3.06 | 3.25 |
| Sortino Ratio | 4.34 | 4.31 |
| Omega Ratio | 1.58 | 1.61 |
| Calmar Ratio | 3.74 | 4.74 |
| Martin Ratio | 20.67 | 21.63 |
| Ulcer Index | 1.30% | 1.85% |
| Daily Std Dev | 8.76% | 12.25% |
| Max Drawdown | -26.58% | -33.99% |
| Current Drawdown | -0.30% | 0.00% |
Correlation
The correlation between FBKFX and VOO is 0.98, 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
In the year-to-date period, FBKFX achieves a 18.00% return, which is significantly lower than VOO's 27.26% 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. 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 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 1.91%, more than VOO's 1.23% 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% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
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 2.63%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.86%. 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.