FBLTX vs. FBALX
Compare and contrast key facts about Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and Fidelity Balanced Fund (FBALX).
FBLTX is managed by Fidelity. It was launched on Oct 8, 2015. FBALX is managed by Fidelity. It was launched on Nov 6, 1986.
Performance
FBLTX vs. FBALX - Performance Comparison
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FBLTX vs. FBALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBLTX Fidelity SAI Long-Term Treasury Bond Index Fund | -0.25% | 4.39% | -8.05% | 2.71% | -31.84% | -4.89% | 18.27% | 14.36% | -1.24% | 9.06% |
FBALX Fidelity Balanced Fund | -1.74% | 15.11% | 16.09% | 20.31% | -18.29% | 18.27% | 22.45% | 24.40% | -3.98% | 16.52% |
Returns By Period
In the year-to-date period, FBLTX achieves a -0.25% return, which is significantly higher than FBALX's -1.74% return. Over the past 10 years, FBLTX has underperformed FBALX with an annualized return of -1.47%, while FBALX has yielded a comparatively higher 10.73% annualized return.
FBLTX
- 1D
- -0.15%
- 1M
- -3.47%
- YTD
- -0.25%
- 6M
- -1.29%
- 1Y
- -1.56%
- 3Y*
- -2.81%
- 5Y*
- -6.07%
- 10Y*
- -1.47%
FBALX
- 1D
- 2.04%
- 1M
- -3.87%
- YTD
- -1.74%
- 6M
- 0.80%
- 1Y
- 15.76%
- 3Y*
- 13.67%
- 5Y*
- 7.65%
- 10Y*
- 10.73%
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FBLTX vs. FBALX - Expense Ratio Comparison
FBLTX has a 0.03% expense ratio, which is lower than FBALX's 0.51% expense ratio.
Return for Risk
FBLTX vs. FBALX — Risk / Return Rank
FBLTX
FBALX
FBLTX vs. FBALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and Fidelity Balanced Fund (FBALX). 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.
| FBLTX | FBALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.06 | 1.37 | -1.43 |
Sortino ratioReturn per unit of downside risk | -0.01 | 1.99 | -2.00 |
Omega ratioGain probability vs. loss probability | 1.00 | 1.30 | -0.30 |
Calmar ratioReturn relative to maximum drawdown | 0.21 | 2.05 | -1.84 |
Martin ratioReturn relative to average drawdown | 0.44 | 9.47 | -9.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FBLTX | FBALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 1.37 | -1.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.39 | 0.63 | -1.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.10 | 0.84 | -0.95 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.79 | -0.84 |
Correlation
The correlation between FBLTX and FBALX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
FBLTX vs. FBALX - Dividend Comparison
FBLTX's dividend yield for the trailing twelve months is around 3.75%, less than FBALX's 5.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBLTX Fidelity SAI Long-Term Treasury Bond Index Fund | 3.75% | 4.04% | 3.60% | 3.29% | 2.25% | 1.81% | 6.73% | 2.39% | 2.87% | 2.68% | 3.70% | 0.39% |
FBALX Fidelity Balanced Fund | 5.79% | 5.69% | 5.67% | 2.28% | 8.06% | 9.66% | 5.90% | 4.24% | 10.99% | 7.90% | 3.07% | 7.70% |
Drawdowns
FBLTX vs. FBALX - Drawdown Comparison
The maximum FBLTX drawdown since its inception was -49.06%, which is greater than FBALX's maximum drawdown of -43.57%. Use the drawdown chart below to compare losses from any high point for FBLTX and FBALX.
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Drawdown Indicators
| FBLTX | FBALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.06% | -43.57% | -5.49% |
Max Drawdown (1Y)Largest decline over 1 year | -9.51% | -8.14% | -1.37% |
Max Drawdown (5Y)Largest decline over 5 years | -44.19% | -22.89% | -21.30% |
Max Drawdown (10Y)Largest decline over 10 years | -49.06% | -26.68% | -22.38% |
Current DrawdownCurrent decline from peak | -41.11% | -4.56% | -36.55% |
Average DrawdownAverage peak-to-trough decline | -20.66% | -4.39% | -16.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.47% | 1.76% | +2.71% |
Volatility
FBLTX vs. FBALX - Volatility Comparison
The current volatility for Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) is 3.71%, while Fidelity Balanced Fund (FBALX) has a volatility of 4.19%. This indicates that FBLTX experiences smaller price fluctuations and is considered to be less risky than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBLTX | FBALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 4.19% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 6.63% | 6.77% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.48% | 11.94% | -0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.72% | 12.18% | +3.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.62% | 12.75% | +1.87% |