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FBKFX vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between FBKFX and ^GSPC 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.


-0.50.00.51.0
Correlation: 1.0

Performance

FBKFX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Balanced K6 Fund (FBKFX) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

60.00%70.00%80.00%90.00%100.00%110.00%December2025FebruaryMarchAprilMay
69.85%
96.98%
FBKFX
^GSPC

Key characteristics

Sharpe Ratio

FBKFX:

0.67

^GSPC:

0.67

Sortino Ratio

FBKFX:

1.00

^GSPC:

1.05

Omega Ratio

FBKFX:

1.14

^GSPC:

1.16

Calmar Ratio

FBKFX:

0.62

^GSPC:

0.68

Martin Ratio

FBKFX:

2.31

^GSPC:

2.70

Ulcer Index

FBKFX:

3.76%

^GSPC:

4.78%

Daily Std Dev

FBKFX:

13.00%

^GSPC:

19.41%

Max Drawdown

FBKFX:

-26.58%

^GSPC:

-56.78%

Current Drawdown

FBKFX:

-6.15%

^GSPC:

-7.45%

Returns By Period

In the year-to-date period, FBKFX achieves a -2.13% return, which is significantly higher than ^GSPC's -3.31% return.


FBKFX

YTD

-2.13%

1M

7.21%

6M

-1.25%

1Y

6.92%

5Y*

10.40%

10Y*

N/A

^GSPC

YTD

-3.31%

1M

12.07%

6M

-0.74%

1Y

10.90%

5Y*

14.73%

10Y*

10.57%

*Annualized

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Risk-Adjusted Performance

FBKFX vs. ^GSPC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FBKFX
The Risk-Adjusted Performance Rank of FBKFX is 5757
Overall Rank
The Sharpe Ratio Rank of FBKFX is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of FBKFX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of FBKFX is 5555
Omega Ratio Rank
The Calmar Ratio Rank of FBKFX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of FBKFX is 5555
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 7474
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 7171
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 7575
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 7575
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7676
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FBKFX vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Balanced K6 Fund (FBKFX) and S&P 500 (^GSPC). 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.


The chart of Sharpe ratio for FBKFX, currently valued at 0.67, compared to the broader market-2.00-1.000.001.002.003.00
FBKFX: 0.67
^GSPC: 0.67
The chart of Sortino ratio for FBKFX, currently valued at 1.00, compared to the broader market-2.000.002.004.006.008.00
FBKFX: 1.00
^GSPC: 1.05
The chart of Omega ratio for FBKFX, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.00
FBKFX: 1.14
^GSPC: 1.16
The chart of Calmar ratio for FBKFX, currently valued at 0.62, compared to the broader market0.002.004.006.008.0010.00
FBKFX: 0.62
^GSPC: 0.68
The chart of Martin ratio for FBKFX, currently valued at 2.31, compared to the broader market0.0010.0020.0030.0040.00
FBKFX: 2.31
^GSPC: 2.70

The current FBKFX Sharpe Ratio is 0.67, which is comparable to the ^GSPC Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of FBKFX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.67
0.67
FBKFX
^GSPC

Drawdowns

FBKFX vs. ^GSPC - Drawdown Comparison

The maximum FBKFX drawdown since its inception was -26.58%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FBKFX and ^GSPC. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-6.15%
-7.45%
FBKFX
^GSPC

Volatility

FBKFX vs. ^GSPC - Volatility Comparison

The current volatility for Fidelity Balanced K6 Fund (FBKFX) is 9.04%, while S&P 500 (^GSPC) has a volatility of 14.17%. This indicates that FBKFX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
9.04%
14.17%
FBKFX
^GSPC